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Addressing Generational 'Tech Gaps' for More Efficient, Effective Legal Practice
In today's challenging economy, corporate legal departments and law firms face pressure to meet their responsibilities with leaner organizations and fewer staff. For example, a recent study conducted by Corporate Counsel magazine for LexisNexis found that 68% of in-house legal professionals feel pressure to reduce the law department budget, and a majority of them have already experienced actual reductions in total budgets. Law firms feel similar pressures too as corporate cutbacks ripple through the industry and impact bottom lines.
One way legal practices are trying to address these realities is through increased use of technology ' essentially harnessing software and online technology to make employees and operations more efficient while maintaining quality work. Working with IT colleagues, this has proven to be a successful strategy for many lawyers. However, it turns out there are some rather sharp differences in how technology is perceived and used by legal professionals among different generations. These differences, or “generational gaps,” can lead to issues in the workplace between colleagues, as well as less efficient use of time and resources by law firm or company employees. Naturally, each of these concerns is amplified given difficult economic circumstances.
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.
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.
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.
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.