The ACEE allows teachers to develop confidence in teaching economic concepts by providing them with practical teaching tools in any subject and making it easy to integrate economics into the classroom.
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Mediators and arbitrators can turn to written standards, such as the 'Model Standards of Conduct for Mediators' and ethical codes like 'The Code of Ethics for Arbitrators in Commercial Disputes' for guidance on how to conduct themselves," noted Acee, a veteran litigator based in LeClairRyan's New Haven, Conn.
Clearly, Acee noted, practicing attorneys have an obligation to make sure their clients understand the significant differences between litigation and ADR, as well as their own professional obligations during out-of-court proceedings.
In today's economic environment, many young lawyers are coming out of school and hanging up a shingle rather than landing jobs with big firms," Acee said.
However, unless communication about mutual expectations and obligations is clear and strong, the unbundled approach can be risky for both attorneys and their clients, Acee said.
ACEE IV will invest in companies requiring 30 million to 100 million euros of equity to build market leadership and for cross-border expansion.
Four of the largest investors in ACEE IV, by committed capital, are GIC Special Investments, AlpInvest Partners, California State Teachers' Retirement System and the EBRD*.
Major investors in ACEE III include Teachers' Private Capital, the European Bank for Reconstruction and Development and Alpinvest.
Advent International is a registered investment adviser in the United States, and it is not known whether the listed investors approve or disapprove of Advent International or the advisory services provided to ACEE III.