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With respect to document comparison, Microsoft Word 2007 couldn't have been released at a better time for law firms. Word 2007's Track Changes and Compare features are as good, if not better, than traditional “outside-the-application” document comparison products. Couple this with the current economic recession in which most firms are reevaluating their document comparison technology investments ' and for good reason. Investing in outside the application document comparison products is expensive. “A PC that cost $1,500 when a firm did its last hardware refresh might cost $800 now, yet it still takes between $3,500 and $5,000 per year to support that computer,” according to market research firm Gartner, Inc.
Today's license and support costs for outside-the-application document comparison products, plus the additional costs for clean-up tools that work with them, are about 2%-4% percent of the yearly support cost for a PC. A significant number of firms are now, for the first time, asking themselves: “Why should we invest in outside technology for features already built into Microsoft Word 2007?” The question they should really be asking: “Is Microsoft Word 2007 ready to go it alone?”
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.
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.
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.
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.
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.