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Democracy has such a nice ring to it. But when it becomes the dominant management structure in a law firm ' especially a large law firm ' the freedom gained may well be freedom to watch the firm become slow to respond to problems and opportunities, with resulting hits to the bottom line.
A total democracy in many firms has been exemplified by virtually every non-routine administrative matter, many which could be considered routine, having to be brought before a partners' meeting. The result very well may be delayed decisions, uninformed partners voting on matters on which others should do their own homework and decision-making, and partnership meetings weighed down with trivia. Everybody's business becomes nobody's problem.
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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.
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
“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.
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.