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Taking on the Costs of Legal Research
For more than a decade now, technology managers in law firms have had a pivotal role in all aspects of law firm operations. They are involved in accounting and complex litigation support, desktop management, online information delivery, case filing and database development. In each arena, managed resources are unique. Resources are either created and owned by the firm or purchased or leased through a vendor. Whether it is software or hardware, access to research or purchase of content, most avenues of acquisition include contract management. And so it is left to the skillful devices of IT leadership to understand the resources and their advantages as well as the convoluted terms of many contracts. How can technology managers learn the ropes without the time and missteps that experience alone might teach?
There has been a strong move among law firms in the last 10 years to use consultants to negotiate the cost of online legal research contracts. As a pioneer in this field, I have watched the number of negotiators grow since the recession. The vendors have tried to fight back. For most consultants, the emphasis has been on the total cost of the contracts. But each firm and each contract is unique. The best approach to saving money is to become familiar with the details and then establish new goals.
Bankruptcy Sales: Finding a Diamond In the Rough
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.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?