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When lawyers discuss the role of information technology in their practice, a phrase often heard is “it's a necessary evil.” Regardless of firm size or practice area, complaints regarding information technology (IT) are unfortunately all too common: large investments … disappointing results.
The underlying details vary and may involve equipment upgrades, case management system, document management system, or database software. Results are often the same: wasted resources, lost productivity, frustrated attorneys and staff, cost overruns, and few results to show for the effort. Many firms that invested heavily 3 to 4 years ago (remember Y2K?) continue to use outdated, poor performing technology, and as they realized marginal benefits, are now hesitant to invest again, fearing similar outcomes. Consequently, many law practices are experiencing depressed attorney and staff productivity, steadily rising operational costs, and a legacy of lease payments for technology that has fallen into disuse.
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.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
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.
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.