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As the wave of baby boomers that swept into the legal profession in the early 1970s and '80s approach middle age and retirement, the managers, colleagues and cultures of their law firms need to prepare for a rising tide of phase-downs and retirements – and respond to those individuals who may be resistant to either.
The issues surrounding phase-downs and retirements ' both for the individuals and the law firms they call home ' are complex, usually challenging and sometimes emotional. Addressing these issues is unlikely to get easier with volume. Moreover, the hard-driving work ethic which characterizes the baby boomer generation and helped foster the 2000-plus billable hour standard in many firms, makes it less likely that the legion of lawyers in our generation will go quietly into the night. And as long as they are productive contributors, should they necessarily go ' or be quiet?
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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.
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.
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.
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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.