Practical Guidance^®

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• Benefits 

  Focus Your Expertise on What Matters Most
  

  • Practical Guidance® helps attorneys, including in-house counsel, better manage routine transactions so they can focus their expertise on what matters most, whether it be expanding their practice, taking on new matters or advising clients.

  Advise and Draft With Confidence
  

  • Practical Guidance® enables transactional attorneys to confidently advise, negotiate and draft more effective documents, more efficiently by providing step-by-step practical guidance, checklists and model documents that reflect current practice trends.

  Access To Innovative Content
  

  • Practical Guidance® combines exclusive new practical guidance content written by leading practitioners including former in-house counsel, with the in-depth resources of Lexis specifically built for attorneys who handle transactional matters.

  Get Up to Speed Quickly
  

  • Practical Guidance^® helps junior attorneys or new in-house counsel become familiar with new matters quickly so they can start billing, which in turn frees up senior attorneys so they spend less time training new associates and more time growing their practice. Practical Guidance can also efficiently refresh senior attorney’s knowledge on transactional matters they haven’t done as recently. This all adds up to increased profitability.

• Features 

  New Practical Guidance Content
  

  • New, practical content built to meet the needs of attorneys and in-house counsel who handle transactional matters to help them accomplish tasks that are central to their practice.
  • Written and enhanced by attorneys who are currently in practice including former in-house counsel.
  • Includes jurisdictional coverage for the most important states based on the topic at hand.
  • Content includes current and trend-setting guidance.

  'On Point' Cases, Codes and Analytical Material
  

  • Cases and codes deemed most relevant to the topic are selected by leading practitioners, so transactional attorneys can quickly reference the primary law information when needed.
  • Access to well established, analytical materials from leading treatises such as Matthew Bender® and Collier® are provided. Our leading practitioners and internal attorney team have identified and included the specific sections of the treatise or legal analysis that are most relevant to the transactional legal practice and topic.

  Intuitive Navigation
  

  • The Practical Guidance® interface is intuitive and easy to navigate, with available practice areas listed at the top of the page, a simple search box to the right of the practice areas, and related topics in the left panel.
  • Little or no training is required.

Each of the below categories contain a unique collection of content authored by leading practitioners in the relevant practice area, and is updated on an ongoing basis to help you keep up to speed on the most current and leading practice trends.

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• Banking & Finance 

  • The Banking & Finance module provides attorneys who handle transactional matters with practical guidance, secondary materials, including Matthew Bender® treatises and expertly drafted forms with alternate clauses. You also have access to Lexis® Market Tracker, which allows you to stay current with market and deal trends and gain insights into recent M&A and credit agreement transactions in seconds.
  • The Banking & Finance offering will help attorneys negotiate and draft agreements more efficiently and effectively, including checklists, drafting notes and alternate clauses. The module is tailored specifically to your workflow, from the fundamentals of financing transactions and structuring credit agreements, to due diligence and transaction document drafting, allowing practitioners to find the information they need quickly and intuitively.
  • All content is written and selected by leading practicing attorneys on the latest banking & finance topics, including coverage of:
    • Credit Agreements
    • Commitment Papers
    • Security Interests and Article 9 of the Uniform Commercial Code
    • Conducting Due Diligence
    • Drafting Fee Letters and Market Flex Provisions
    • And More
  • Click here to view the Banking & Finance brochure
  • Click here to view the Banking & Finance Table of Contents
  • Meet Our Banking & Finance Authors

• Business & Commercial 

  • The Business & Commercial module includes topics related to commercial contracts and corporate practice, offering access to practical guidance, forms, relevant cases and codes, secondary materials, including Matthew Bender® treatises and authoritative commentary from leading practitioners. It provides immediate access to core business law information by practice area and topic that will help you save time and increase efficiency.
  • All content is written and selected by leading practicing attorneys on the latest business law topics, including coverage of:
    • Purchase and Sale of Business (Private Company) Acquisition by Asset Purchase, Stock Purchase or Merger
    • Business Financing
    • Protecting Trade Names, Trade Secrets and Works
    • Commercial Contracts
    • Business Taxes
    • Corporate Housekeeping
    • And more
  • Click here to view the Business & Commercial brochure
  • Click here to view the Business & Commercial Table of Contents
  • Meet Our Business & Commercial Authors

• California Business & Commercial 

  • The California Business & Commercial module is the first Practical Guidance® offering to include exclusive jurisdictional content in addition to core business law information. The California Business & Commercial offering includes all content in the Business & Commercial module plus key topics that address the specific needs of California practitioners, or practitioners serving California-based clients. It contains all new practical guidance content and access to the most relevant information from across the Lexis portfolio, including authoritative Matthew Bender® and California Legal Forms content.
  • All content is written and selected by leading attorneys, including prominent California practitioners, on key topics, including coverage of:
    • Purchase and Sale of a Business for the California Attorney
    • Commercial Real Estate Leasing
    • Entertainment Law –Managers, Agents and Attorneys
    • New California Entities
    • And more
  • Click here to view the California Business & Commercial brochure
  • Click here to view the California Business & Commercial Table of Contents
  • Meet Our California Business & Commercial Authors

• Corporate Counsel 

  • The Corporate Counsel module provides insight into covers issues that are relevant to in-house counsel, covering 29 many relevant areas of law to assist with a broad range of legal matters. It includes exclusive practical guidance content and access to the most relevant information from across the Lexis portfolio including authoritative Matthew Bender content. It helps reduce in-house counsel’s reliance on outside counsel by providing content-rich tools to help them stay up to date with legal issues and trends.
  • All content is written and selected by leading practitioners and former in-house counsel on key topics, including coverage of:
    • Commercial Contracts
    • Employment
    • Business Taxes
    • Corporate Governance
    • And more
  • Click here to view the Corporate Counsel brochure
  • Click here to view the Corporate Counsel Table of Contents
  • Meet our Corporate Counsel Authors

• Financial Restructuring & Bankruptcy 

  • The Financial Restructuring and Bankruptcy module provides attorneys who handle transactional matters with practical guidance, annotated forms, sample briefs, pleadings and motions, as well as access to authoritative Collier^® content and other treatise materials. It enables junior attorneys to get up to speed quickly on new matters and allows senior attorneys to expand their practice or keep up-to-date on changes in the law. It also can complement a legal research subscription which provides all the cases, codes and full treatises to help attorneys with deeper analysis and litigation related research.
  • All content is written and selected by leading practicing attorneys on the latest bankruptcy topics, including coverage of:
    • Asset Purchase Agreements
    • Plan of Reorganization and Disclosure Statement
    • Debtor-In-Possession Financing
    • Proofs of Claim
    • Prepackaged Bankruptcy
    • Loan and other Debt Workouts
    • And more
  • Click here to view the Financial Restructuring & Bankruptcy brochure
  • Click here to view the Financial Restructuring & Bankruptcy Table of Contents
  • Meet Our Financial Restructuring & Bankruptcy Authors

• Intellectual Property & Technology 

  • The Intellectual Property & Technology module provides practical guidance, annotated forms and 'on point' cases and codes for attorneys who handle transactional IP matters. It also includes direct access to the pre-eminent IP treatises – Nimmer on Copyright®, Milgrim On Trade Secrets and Milgrim On Licensing.
  • The Intellectual Property & Technology offering will help attorneys negotiate and draft agreements more efficiently and effectively, including checklists, drafting notes and alternate clauses. The module is organized to match the core activities of an IP attorney, from document drafting and due diligence, to domain name management and patent & trademark prosecution, allowing practitioners to find the information they need quickly and intuitively.
  • All content is written and selected by leading practicing attorneys on the latest intellectual property topics, including coverage of:
    • Intellectual Property Licensing
    • IP in Mergers & Acquisitions
    • Protecting your IP
    • Managing Domain Names
    • DMCA Compliance
    • Joint Venture & Development Agreements
    • Patent Valuation
    • Privacy Policies
    • And more
  • Click here to view the Intellectual Property & Technology brochure
  • Click here to view the Intellectual Property & Technology Table of Contents
  • Meet Our Intellectual Property & Technology Authors

• Labor & Employment 

  • The Labor & Employment offering provides Labor & Employment and Executive Compensation attorneys with practical guidance, secondary materials, including Matthew Bender® treatises, and expertly drafted forms with drafting notes and alternate clauses. It provides immediate access to core Labor & Employment law information by topic that will help you save time and increase efficiency.
  • The Labor & Employment offering includes annotated model forms and checklists, which will help attorneys draft agreements, policies and other key documents more efficiently and effectively. In addition, you'll have access to relevant cases, statutes, administrative materials, and treatise sections for each topic, ensuring you have the latest information.
  • All content is written and selected by leading practicing attorneys on the latest Labor & Employment topics, including coverage of:
    • EEO Counseling
    • Employment Contracts and Policies
    • Non-Competes and Trade Secret Protection
    • Executive Compensation Drafting and Disclosure
    • Wage and Hour Compliance
    • And More
  • Click here to view the Labor & Employment brochure
  • Click here to view the Labor & Employment Table of Contents
  • Meet Our Labor & Employment Authors

• Mergers & Acquisitions 

  • With practical guidance from leading M&A practitioners, you get full coverage of the topics, transactions and perspectives that are critical to helping you manage M&A matters efficiently from start to finish.
  • All your core activities are covered, including:
    • Due Diligence: get access to checklists, due diligence templates and related practical guidance articles.
    • Document Drafting: get hundreds of annotated agreements, sample forms, alternate clauses and emerging issues.
    • Deal Negotiation and Structuring: Lexis® Market Tracker provides easy access to more than 1,500 recent M&A and credit agreement transactions and over 900 deal points, enabling you to search with precision, comparing the latest deals, terms and provisions, and extract insights instantly.
  • All content is written and selected by practicing M&A attorneys and includes coverage of key public and private transaction topics such as:
    • Structuring and Planning
    • Preliminary Agreements
    • Stock Purchase Agreements
    • Public Merger Agreements
    • And more
  • Click here to view the Mergers & Acquisitions Brochure
  • Click here to view the Mergers & Acquisitions Table of Contents
  • Meet our M&A Authors

• Real Estate 

  • The Real Estate module provides practical guidance and annotated forms, including exclusive access to contracts and documents from the American Institute of Architects, specifically for attorneys who handle real estate transactions. These forms and documents will help attorneys negotiate and draft real estate agreements more efficiently and effectively, including checklists, drafting notes and alternate clauses. The module is organized to match the core activities of a real estate attorney, from preliminary discussions to due diligence and transaction document drafting, allowing practitioners to find the information they need quickly and easily.
  • All content is written and selected by leading practicing attorneys on the latest real estate topics, including coverage of:
    • Sustainability and environmental concerns
    • Leasing
    • Purchase & Sales
    • Construction
    • Brokerage
    • Property Management
    • And more
  • Click here to view the Real Estate brochure
  • Click here to view the Real Estate Table of Contents
  • Meet Our Real Estate Authors

• Securities & Capital Markets 

  • With practical guidance from leading Securities practitioners, you can handle transactional securities matters efficiently and confidently. Content is tailored specifically to your workflow, including:
    • Document Drafting: get easy access to annotated agreements, sample forms, alternate clauses and checklists, along with practical guidance that will help you understand key steps and required documents for securities matters.
    • Compliance Review: stay informed of the latest developments in securities law with easy access to SEC regulations and administrative materials, including no-action letters, releases and SEC staff interpretations.
    • Compliance Filings: prepare SEC filings with confidence with access to SEC filing forms and checklists.
  • The Securities & Capital Markets offering also includes access to Lexis® Market Tracker. Lexis Market Tracker provides easy access to more than 1,500 recent transactions and over 900 deal points, enabling you to compare and analyze deal terms, provisions and clauses with accuracy and precision. In addition, Lexis® Securities Mosaic can be accessed directly from the Practical Guidance homepage, making it easy for Lexis® Securities Mosaic subscribers to quickly and efficiently search for SEC EDGAR filings, law firm memos and guidance materials, including nearly 70,000 SEC no-action letters.
  • All content is written and selected by practicing Securities attorneys and includes coverage of key topics such as:
    • Private Offerings
    • Rule 144A/Regulation S Debt Offerings
    • IPOs and Follow On Offerings Blue Sky Requirements
    • Periodic Reports
    • State Securities Regulations-Blue Sky Laws
    • Exclusive Compensation Disclosure
    • And more
  • Click here to view the Securities & Capital Markets Brochure
  • Click here to view the Securities & Capital Markets Table of Contents
  • Meet our Securities & Capital Markets Authors

• Texas Business & Commercial 

  • The Texas Business & Commercial module is the second Practical Guidance® offering to include exclusive jurisdictional content in addition to core business law information. The Texas Business & Commercial offering includes all content in the Business & Commercial module plus key topics that address the specific needs of Texas practitioners, including farm & ranch and energy information. It contains all new practical guidance content and access to the most relevant information from across the Lexis portfolio, including authoritative Matthew Bender® content.
  • All content is written and selected by leading attorneys, including prominent Texas practitioners, on key topics, including coverage of:
    • Farm & Ranch Purchase and Sale Transactions
    • Renewable Energy
    • Midstream and Upstream Oil & Gas
    • Texas Real Estate
    • And more
  • Click here to view the Texas Business & Commercial brochure
  • Click here to view the Texas Business & Commercial Table of Contents
  • Meet Our Texas Business & Commercial Authors

Lexis^® Market Tracker Features and Benefits

Lexis Market Tracker is available within Mergers & Acquisitions, Securities & Capital Markets and Banking & Finance at no additional charge.

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• Introducing Lexis® Market Tracker 

  • Lexis^® Market Tracker, powered by Matterhorn, allows you to search, compare, and analyze the latest deals, terms and provisions, so you can execute your Mergers & Acquisitions and credit agreement transactions from a position of strength and negotiate deals with confidence. With Lexis^® Market Tracker you can:
    • Quickly and precisely identify deal and negotiation trends.
    • Search and compare more than 2,000 transactions that are relevant to the deal at hand, extracting insights instantly.
    • See statistical analytics of your search results, quickly and easily.
    • Search with precision across 900 deal points so you can get to the deal elements that matter most.

  Click here to view the Lexis Market Tracker brochure.
  Click here to watch the Lexis Market Tracker video.

• Features and Benefits 

  • Simplify your routine
    • Easily locate and compare transactions across 900 deal elements, and view statistical analytics of your search results.
    • Narrow your search with unprecedented granularity using target, industry, acquirer, value, negotiated terms and many other criteria.
    • Streamline your workflow by exporting search results to Microsoft® Excel, printing and exporting transaction documents and deal points, and setting search alerts.
  • Get up to speed quickly
    • Access the most current credit agreement and M&A deal facts and documents so that you can see what is being negotiated almost instantaneously and stay on top of the changing legal landscape.
    • Provide the best client advice by staying current with practice trends relating to deal terms, provisions, language and clauses.
    • Stay up to date on the market trends that matter most to you by setting search alerts.
  • Fast Drafting
    • Draft your deal documents efficiently and confidently with quick access to on-point market tested precedents and their specific clauses and language.
    • Quickly compare deals and extract insight instantly with customized reports directly related to the issues at hand.
    • Hover over each deal type button to get a concise description of what is available in Lexis Market Tracker.

Lexis^® Securities Mosaic^® Features and Benefits

For more information on Lexis Securities Mosaic or to contact a representative for a complimentary trial, visit the Lexis Securities Mosaic homepage.

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• Introducing Lexis Securities Mosaic 

  • Lexis^® Securities Mosaic is a subscription-based service that brings together securities, federal regulatory, disclosure and transaction information to help you navigate the ever-changing regulatory landscape. This constantly updated research database can alert you to the publication of any new SEC release within minutes, and SEC EDGAR filings are updated in real time; you can rest assured that you're always working with of the most up-to-date and relevant information. With Lexis^® Securities Mosaic you can:
    • Search SEC EDGAR filings dating back to 1993, and Congressional bills and U.S. Public Laws dating back to 1995
    • Keep up-to-date on administrative updates from regulators such as the SEC, CFTC and PCAOB, and SROs such as NYSE and FINRA
    • Receive legal news provided by daily securities newsletters by email, Blogwatch and powerful, customer query alerting

• Features and Benefits 

  • Keep Pace with Federal Agency Changes
    • Dodd-Frank and Affordable Care Act Rulemaking Trackers are available to help you stay current with federal agency implementations of these important Acts
  • Intuitive Search for Faster Results
    • Leverage our intuitive and versatile search capabilities to find SEC filings, extensive federal laws and regulations, federal agency rulemaking materials, and commentary from over 100,000 law firm memos
  • Stay Up To Date With Real-Time Filings
    • Our continuous content collection and fast automated processes allow us to put new SEC data online in real time, and agency materials as quickly as 20 minutes after release, ensuring you have the most up-to-date sources

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• Customer Testimonials 

  "Practical Guidance® is a great place to start legal research, as it lays out the topics very clearly. The site is very well organized so you can quickly find what you are looking for which is a valuable asset in helping to increase practice efficiency."
  —Anthony Napolitano, a senior attorney at Buchalter Nemer.

  "I think Practical Guidance® is a great resource that provides fundamental information for in-house practitioners at your fingertips. I could see making good use of it in my day-to-day activities because it ties everything together in one location and it’s easy to navigate."
  —A. Brad Busscher, General Counsel at Incapital LLC, a BETA tester of the Corporate Counsel module.

  “I wish I had Practical Guidance® years ago! The content is invaluable, everything is in one place and it’s so easy to use. “
  —Kevin R. Keogh, Partner, Buckley King

  “I was very impressed with the ease of use, organization and practical application of Practical Guidance®. The variety of model forms available for all types of transactions was impressive. “
  —Michael Wilson, Associate, Edwards Wildman Palmer LLP

  “Practical Guidance® is a very useful tool, especially for a newer associate at a firm that doesn't have a built-up collection of forms. The experienced practitioner would find the practical aspects of guidance, emerging issues and relevant cases and codes invaluable.”
  —Daniel Chapman, Attorney, Chicago, IL

  “I think Practical Guidance® has great information on M&A agreements and specific provisions that make this an ideal starting point for drafting.”
  —Tim Farber, Senior Counsel, Locke Lord LLP

  “Practical Guidance® provides a great foundation for every step of a transaction and then gives you all of the tools you need to handle the transaction. Practical Guidance® will be very useful in negotiations.”
  —Jennifer Warden, Taggart Morton, LLC

  “The secondary sources, practical guidance and forms available on each topic are an invaluable learning tool for a young associate or lawyer new to the mergers & acquisitions practice area.”
  —Jennifer Warden, Taggart Morton LLC

  “Lexis Market Tracker is a spectacular tool. It condenses deal documents into one location that will save a tremendous amount of time that would otherwise be spent scouring EDGAR.”
  —Michael Wilson, Associate, Edward Wildman Palmer LLP

  “Practical Guidance® and Lexis Market Tracker are incredibly useful tools that will undoubtedly save me a lot of time in my practice and help give me an edge, providing excellent value to clients.”
  —Michael Wilson, Associate, Edward Wildman Palmer LLP

  “As an attorney at a large firm, time is of essence, and the most important benefit of Practical Guidance® is the time that it saves. The comprehensiveness and depth of the content along with the user-friendly aspect of Practical Guidance® are valuable assets that will improve efficiency and affect the bottom line for our clients.”
  —Product Trial Participant

  “Practical Guidance® provides powerful and useful information in an intuitive, user-friendly format. It helps to save time, providing high level overview and in-depth analysis.”
  —Robert Van Maerssen, In-house Counsel, World Finer Foods

  “As General Counsel of a privately held company, it is important that I can quickly educate myself on areas of the law that I do not deal with on a daily basis so I can address a particular issue or intelligently direct outside counsel to do so. Practical Guidance® is easy to use and will translate to reduced expenditure on outside counsel.”
  —Brad Busscher, General Counsel, Incapital Holdings LLC

• FAQ 

  Question: How will Practical Guidance® help me as an attorney or in-house counsel who handles transactional matters?
  Answer: Practical Guidance® is designed to enable attorneys and in-house counsel to better manage their transactions efficiently by getting up to speed quickly on new issues and staying up-to-date with the latest legal market trends.

  Question: How will Practical Guidance® help me start my drafting?
  Answer: The forms within Practical Guidance® are easy to find and are specifically designed to provide a starting point or alternative perspective for drafting documents, offering guidance including context, drafting notes, alternative clauses and step-by-step instructions on how to complete them.

  Question: Who is the Practical Guidance® team?
  Answer: Practical Guidance® is built by our team of experienced transactional attorneys who have recently joined LexisNexis®, legal editors who have brought you trusted authoritative content from Matthew Bender® and Collier®, and contributing leading practitioners and former in-house counsel. In addition, we have harnessed world class LexisNexis® technology built for the legal market. Practical Guidance® continues our tradition of innovation through collaboration with our customers.

  Question: How is Practical Guidance® different than Lexis or Lexis.com?
  Answer: Practical Guidance® is a practical guidance resource that has been specifically created for transactional attorneys. The content has been written and selected by practicing attorneys as well as an internal editorial team including former attorneys and in-house counsel. The expert guidance and 'how-to' information complements an existing Lexis or Lexis.com subscription, where customers can access deeper research content when required.

  Practical Guidance® is unique based on a combination of factors including:

  • Leading attorneys currently in practice who contribute the new practical guidance and expert forms within the product. Over 100 current practitioners contribute their valuable expertise and insight to Practical Guidance®.
  • Comprehensive coverage of key topics including the start to finish, guidance and model documents on a given transaction.
  • It is the only practical guidance product that provides selected, relevant primary materials and legal analysis matched to the specific topic.

  Question: What makes these forms different than forms customers can find on Google or other online sites?
  Answer: The forms within Practical Guidance® offer expert guidance, including annotations, drafting notes, alternative clauses and step-by-step instructions on how to complete a form. They have been written, selected and enhanced by leading practicing attorneys, so you can be confident they are comprehensive, reliable and current. Practical Guidance® forms are 'starting point' documents identified as pro-buyer, pro-seller and neutral, unlike many online forms which are often completely negotiated to reflect specific deal or transaction terms between parties.

  Question: How is Practical Guidance® priced?
  Answer: Practical Guidance® is an annual flat fee subscription by practice area module, making it predictable. It is a fixed annual charge that takes into consideration the number of attorneys within a practice area and can be billed monthly, making it very affordable.

  Lexis® Market Tracker

  Question: What is Lexis Market Tracker?
  Answer: Lexis® Market Tracker is a new, unique offering providing access and analysis of the terms and provisions of recent M&A and credit agreement transactions. With Lexis® Market Tracker you can search and compare more than 1,500 transactions and determine market standards and trends for over 900 highly negotiated deal elements, so you can confidently counsel clients and structure and negotiate the terms of M&A and credit agreement transactions. The robust search function allows you to quickly pin point specific deal types, sample agreements and clauses with ease so you can draft deal documents quickly and efficiently.

  Question: How is Lexis® Market Tracker priced?
  Answer: Lexis Market Tracker® is part of the annual flat fee subscription to the Mergers & Acquisitions, Securities & Capital Markets and Banking & Finance offerings modules of Practical Guidance®. Pricing of these modules are fixed annual charges based on the number of attorneys within the practice area and can be billed monthly, making it very affordable.

• Leading Industry Publications 

  Click the links below to read articles about Practical Guidance® from leading industry publications:

  Practical Guidance® Bulks Up with new M&A. “What’s Market” and Securities Content
  Dewey B Strategic
  March 27, 2013

  Practical Guidance® Modules Plus Market Tracker
  LawSitesBlog.com
  March 27, 2013

  Practical Guidance® – Corporate Counsel Module
  By Toby Brown
  3 Geeks and a Law Blog
  November 16, 2012

  Practical Guidance Counsels GC
  By Sean Doherty
  Law Technology News
  November 5, 2012

  Practical Guidance® Gets California Module
  By Sean Doherty
  Law Technology News
  August 9, 2012

  Practical Guidance® Takes on Bankruptcy
  By Sean Doherty
  Law Technology News
  May 4, 2012

  Lexis Launches ‘Practice Advisor’ for Financial Restructuring and Bankruptcy
  By Bob Ambrogi
  LawSitesBlog.com
  May 3, 2012

  Less Is More Focused: Practical Guidance®
  By Jared Correia
  Attorney at Work Blog
  February 2, 2012

  Christy Burke Covers LegalTech 2012: Feature podcast interview with Suzanne Petren-Moritz
  Podcast by Christy Burke
  Legal IT Professionals
  January 31, 2012

  Size matters: Lexis & Thomson
  By Evan Koblentz
  Law Technology News
  January 30, 2012

  LegalTech Hit by Tidal Wave of Product News
  Law Technology News
  By Evan Koblentz
  January 30, 2012

  Success Breeds Competition or Lexis Announces Practice Advisor
  By Toby Brown
  3 Geeks and a law Blog
  January 12, 2012

  New LexisNexis Resource Reaches Out to Transactional Lawyers
  By Sean Doherty
  Law Technology News
  January 12, 2012