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Career guidelines, career plans and mentors. These are familiar terms to most lawyers, especially law students and laterals looking for the right 'fit.' And many, if not most, large law firms highlight one or more of these career-planning tools on their Web sites and recruiting materials. But the 'inside' story of their effectiveness might not be as rosy. Several recent articles in legal journals and newspapers have bemoaned the state of mentoring programs at larger firms, saying that they are boilerplate, empty promises designed to recruit, and that they are usually unsuccessful due to lack of follow-up.
However, here at Sutherland Asbill & Brennan, our mentorship program has never been stronger. How do we know it is a success? It has a 100% participation rate, with 170 partner/associate pairs communicating at least quarterly. A successful program is important to the firm and its people, and effective organization and administration can make the difference between a program that is meaningful and one that is merely an empty promise.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.