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California attorneys must complete a minimum of 25 credit hours of approved continuing legal education activities every 3 years including at least 4 hours of Ethics, 1 hour of Substance Abuse Prevention and 2 hours of Elimination of Bias. Additionally, at least one of the hours in Elimination of Bias must be an approved Implicit Bias program.
At least 12.5 of the credit hours must be in a "Participatory" format. The remaining hours can be in a self-study format.
**The State Bar of California is implementing changes to the MCLE course requirements effective October 1, 2023. Beginning with the compliance period ending January 31, 2025, licensees will be required to also complete and report compliance on the following new subfields:
Technology in the Practice of Law (one credit)
Civility in the Legal Profession (one credit)
Competence (Increased from one credit to two)
California attorneys may earn all 25 hours with the National Academy of Continuing Legal Education. Our Online and iOS/Android App platforms are automatically deemed participatory and our Audio CDs, DVDs, USB Stick, and MP3/MP4 downloaded courses may also be taken in participatory form as well.
California MCLE rules do not allow carryover. Credit for participating in a CLE activity may not be earned forward from one compliance period to another.
Members are required to comply online under “My State Bar Profile” www.calbar.ca.gov by attesting under penalty of perjury that the member has complied with the education requirement or is exempt and the nature of the exemption. Attorneys who are unable to comply online must contact the State Bar’s Member Services Center 888-800-3400.
State Bar of California
180 Howard Street
San Francisco, CA 94105-1639
(t) 415-538-2100
(f) 415-538-2180 mcle.calbar.ca.gov
Silicon Valley Bank: Do Its Outside Directors Share in the Blame for Its Failure?
MCLE Courses Available on DVDs, Audio CDs, USB Stick, Online & iOS/Android App!
General Credits
1
$50
LIVE WEBINAR
May 29
Wednesday, May 29, 2024
11:00AM - 12:00PM Eastern Time (EDT)
About This Course
This riveting CLE course reviews the well-publicized failure in March 2023 of the high-flying Silicon Valley Bank. This bank ran out of money as a result of a quick, massive run on the bank—depositors sought their money back—immediately after the public disclosure of serious financial problems.
The demise of this Bank—with $209 billion in assets, its failure was the second biggest in U.S. history—received immediate widespread analysis and attention, much of which has been focused on the quality of the supervision of the Bank and its holding company by both federal and state regulators, as well as the management performance by senior executive leadership.
Little or no attention has been paid to the role of independent, or outside (non-management) directors. Outside directors, not being officers, are not responsible for managing the day-to-day operations of the company. They are, instead, in an oversight role. Broadly, they are responsible for establishing policies for the operation of the company and for monitoring the operation of the company by its management.
This program focuses on what potentially dangerous conditions—“red flags”—the outside directors were made aware of and when, so as to enable preliminary observations on their potential liability as directors under federal and state law.
General Credits
1
$50
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