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Closing in the RED ZONE - How Outside Counsel are Selected
During the past 20 years, I've had the good fortune of sitting in with in-house counsel as they discuss their outside firms and the selection process for new ones. As you read the following quotes, do an honest assessment of whether you and your firm meet any of the categories. And if so, make sure you use the suggested tactics to solve the problem.1. “Law firms are dumb about what companies really want. I am shocked at how cocky and not-in-tune they are.” SOLVE THE PROBLEM by holding a pre-meeting or phone conversation with your contact.2. “I am going to start hiring plaintiff attorneys who are successful versus large companies like ours; they are winners.” SOLVE THE PROBLEM by decoding hidden decision making cues that might even come from the CEO.3. “Our law firms are spoiled and dull – I want to shake things up.” SOLVE THE PROBLEM by concentrating on efforts to enhance your retention.4. “I want people who win, whether selling our products or beating our competitors in court.” from a CEO. SOLVE THE PROBLEM by using the selection process to demonstrate what additional value you bring to them, even from the discussions during the selection process.Enter your comments below or through [email protected].
During the past 20 years, I've had the good fortune of sitting in with in-house counsel as they discuss their outside firms and the selection process for new ones. As you read the following quotes, do an honest assessment of whether you and your firm meet any of the categories. And if so, make sure you use the suggested tactics to solve the problem.1. “Law firms are dumb about what companies really want. I am shocked at how cocky and not-in-tune they are.” SOLVE THE PROBLEM by holding a pre-meeting or phone conversation with your contact.2. “I am going to start hiring plaintiff attorneys who are successful versus large companies like ours; they are winners.” SOLVE THE PROBLEM by decoding hidden decision making cues that might even come from the CEO.3. “Our law firms are spoiled and dull – I want to shake things up.” SOLVE THE PROBLEM by concentrating on efforts to enhance your retention.4. “I want people who win, whether selling our products or beating our competitors in court.” from a CEO. SOLVE THE PROBLEM by using the selection process to demonstrate what additional value you bring to them, even from the discussions during the selection process.Enter your comments below or through [email protected].
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.
Major Differences In UK, U.S. Copyright Laws
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.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
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.
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.