Private Industries

Private Industries




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Argonne offers the following to its industry partners:
There are multiple mechanisms through which companies can collaborate with Argonne:
A Strategic Partnership Project ( SPP ) is a contract that enables your company to pay the laboratory to perform a defined scope of work with tasks that draw upon the unique facilities, equipment and personnel of the laboratory. With certain Department of Energy approvals, the sponsor may obtain ownership of both inventions and data generated under an SPP .
Similar to a Strategic Partnership Project ( SPP ), a Technical Service Agreement ( TSA ) is a cost-reimbursable service contract intended for short-term projects under $250,000 and is limited to domestic organizations. These agreements do not involve R & D. The sponsor typically can designate data/results as proprietary.
A Cooperative Research and Development Agreement ( CRADA ) is a cost-shared research and development agreement that allows your company to work collaboratively with Argonne to share technical expertise, develop novel technologies/solutions and access intellectual property emerging from the effort.
A licensing agreement typicallyprovides commercialization rights to patented and/or copyrighted intellectual property developed at Argonne. Agreements are tailored to address the specific technology and licensing situation.


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Sally A. Kane, JD. is an attorney, editor, and writer who has two decades of experience in the legal services industry and has published hundreds of career-related articles.

Private industry encompasses any organization, other than a law firm , that operates for commercial profit. Corporations, banks, insurance companies, real estate firms, hospitals, title firms, and other organizations make up private industry. Private industry is the second largest employment setting for attorneys and other legal personnel, after private practice, and employs eight percent of practicing lawyers , according to the American Bar Foundation’s "Lawyer Statistical Report".


Many companies have their own in-house legal departments which vary in size from a single attorney to hundreds of legal personnel including attorneys, paralegals , legal secretaries , and litigation support personnel . Most corporate legal departments operate under the direction of a general counsel who manages corporate attorneys (called in-house counsel) and other legal staff.


Depending on the size of the corporation and the complexity of its operations, corporate legal departments may consist of several sub-departments that focus on a particular legal specialty. Common legal departments within a corporation include general litigation, mergers and acquisitions , general corporate law, intellectual property, asbestos litigation, corporate compliance , and real estate.


Unlike law firms, which operate as revenue-raising profit centers, corporate legal departments are cost centers, spending corporate dollars to defend lawsuits filed against the company, negotiate business transactions and perform a wide range of legal services on behalf of the parent corporation and its business entities.


Since corporations operate as cost centers, the emphasis is not on billing hours , although some corporations require legal personnel to track their hours for a number of purposes. Rather than billable hours, the focus of in-house counsel is to effectively service the corporation’s legal needs in a manner that least infringes on the bottom line.


Since corporate legal departments are not focused on billing hours and raising revenue, in-house legal staff, on the whole, work fewer hours than law firm employees. However, corporate legal work, especially during a trial or a document-intensive transaction such as a merger or real estate acquisition, may still entail busy periods that require long work days.


Working in-house differs from law firm employment in a number of significant ways. First, while a law firm’s success depends upon serving a wide range of clients (the more, the better), in-house attorneys serve only one “client,” the corporation.


Second, the primary role of in-house attorneys, paralegals, and other legal personnel is managing outside counsel. Some corporations, particularly those with small in-house staffs, perform little actual legal work in-house, preferring to delegate substantive legal tasks to an approved list of local counsel. Larger corporate legal departments, particularly those seeking to reduce outside counsel fees (which can range in the millions annually), perform almost all of the substantive legal work in-house.


Opportunities for in-house lawyers and paralegals are growing according to Charles Volkert, executive director of Robert Half Legal, a national legal staffing agency. “Opportunities are increasing and will remain abundant in the coming years,” says Volkert. Volkert attributes the growth of in-house legal employment to a top-down attempt to build company infrastructure to handle increased workloads. “With that comes the hiring of full-time attorneys and paralegals as well as project legal staff during litigation peaks and document intensive transactions,” states Volkert.


The hottest legal specialties for in-house counsel and paralegals are regulatory compliance, real estate, complex litigation, corporate law, and intellectual property, according to Volkert.


According to the Robert Half Legal Salary Guide , salaries are increasing for in-house legal personnel. Attorneys and paralegals with several years’ experience will have the most employment opportunities, Volkert says.


Benefits and perks offered by private industries are also on the rise. Some corporations provide stock options for all employees or for individuals within a certain professional segment of the company. Stock options are becoming a larger part of the compensation package of high-level legal management in an effort to tie compensation to company performance.


Volkert also reports an increased focus on the quality of life benefits such as health club memberships, flex-time, and telecommuting. Some corporate employers also grant their employees certain perks inherent in the industry. For example, some car manufacturers give employees a car for personal use, software manufacturers may provide free soda and airlines may award free air miles to employees.




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https://www.thefreedictionary.com/Private+industry


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The part of the economy that is controlled by individuals or private organizations and is not funded by the government.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Government, Politics & Diplomacy) the part of a country's economy that consists of privately owned enterprises. Compare public sector
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
private sector n the private sector → il settore privato
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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hold on to (someone or something) like grim death
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