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Sonnenschein Improves Financial Analysis and Decision-Making
Sonnenschein Nath & Rosenthal LLP is a global firm with nearly 800 lawyers and other professionals in 14 offices in the U.S. and Europe. Like every law firm, the firm needs to charge rates that will enable it to maintain a worldwide client base as well as profitability. Yet, with clients' requirements and resources evolving every day, we needed to streamline and enhance the financial analysis processes to ensure that we have the right attorneys in the right offices and practice areas. We also needed to confirm that the annual budget supported the firm's business goals.
Having outgrown the labor-intensive ways of creating budgets and monitoring the firm's performance, we decided in early 2008 to update the financial planning and analysis processes with new technology solutions.
Bankruptcy Sales: Finding a Diamond In the Rough
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.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
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 So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
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?
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.