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In the Marketplace
In a recent forecast, R. L. Polk & Co., a Southfield, MI based automotive information and marketing solutions provider, concluded that while the commercial vehicle market will begin growing again in 2010, volumes will still be significantly below 2005-2007 levels through 2013.
According to Polk, in 2006, commercial vehicle registrations reached their peak volume of 802,100, with 448,200 heavy trucks (GVW 6-8) and 353,900 medium trucks (GVW 3-5). Last year, however, the total commercial vehicle registration volume fell to 485,000. Continued economic difficulties have resulted in a forecasted volume of 380,600 in 2009. As the economy recovers after a projected “bottoming out” of the housing market in July 2009, commercial vehicle sales are expected to trend upward. By 2013, total commercial vehicle registrations are expected to hit 583,900 (approximately 317,000 GVW 3-5 and 267,000 GVW 6-8 vehicles), still well below pre-2008 volumes.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
One Overlooked Element of Executive Safety: Data Privacy
Executives have access to some of the company's most sensitive information, and they're increasingly being targeted by hackers looking to steal company secrets or to perpetrate cybercrimes.