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Survey Reveals Steady Salaries, Billing Concerns
According to Texas Lawyer, Texas firms' salaries did not have much of an increase on average for the second consecutive year. The information was displayed in the Texas publication's annual Salary & Billing Survey, to which 46 firms responded. Paralegals, personnel managers, and associates all faced meager increases. The economy seems to be behind this, as Cox and Smith's executive director, George Casbeer, states. The officer of the 91-attorney firm in San Antonio said that salaries and billing have been level because of the current financial times. Charles Post, the CEO of Houston's Susman Godfrey, concurs, explaining that associate salaries at his firm have not been changed for several years and that even in the case of staff positions that hold a higher demand, such as information technology employees, moderate increases are given. However, legal secretaries with 1 to 3 years' experience and who are employed at firms with anywhere from 50 to 99 lawyers have had a significant salary increase (20.4%). One reason for this, according to one respondent, is that salaries were below market rates for this rank and that there needed to be a weighty raise.
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The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
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Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.