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KM Implementation At Reed Smith
Reed Smith, with more than 3,200 lawyers, paralegals, consultants and support staff spread across 22 offices throughout Europe, the United States, Asia and the Middle East, had all of the data challenges you'd expect from a firm of our size and sophistication, with the added challenge that we were aggressively expanding from both a practice focus and headcount perspective. Despite the fact that our total data creation had increased exponentially, we hadn't invested nearly enough in our information infrastructure, and simple processes such as document retrieval were taking far too long. We knew we needed to take control of our data before it took hold of us. Following is an account of the firm's recent implementation of Recommind's MindServer Search platform as the foundation for its Knowledge Management (“KM”) infrastructure.
Due to a multitude of factors, including an aggressive merger and acquisition strategy and an expanding practice focus, Reed Smith has tripled in size over the last six years. This has put enormous pressure on our KM department to not only store corporate data, but also make it searchable and usable across the entire network. Exacerbating the firm's rapid expansion, the reliance on legacy technology and manual processes started hurting productivity and efficiency, as attorneys and their teams found themselves spending increasing amounts of time searching for documents or experts within the company.
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.