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Making Your Firm More Productive
The legal field is certainly one of the most data-intensive and data-sensitive practices you can find. We've all seen how the proliferation of technology tools has dramatically fueled data growth and the need to protect sensitive data, which in turn has increased the exposure and loss of billable hours legal firms might face as a result of IT downtime. In addition to legal expertise, owners and partners at law firms must learn more about the commercial realities of competition, pay attention to client retention, counter the increased security risks to private data on the cloud and understand how technology can reduce operating costs.
The impact and importance of technology in such a traditional industry places a serious duty on the IT manager to protect the firm's private information and steward its means of producing it. The May 2012 “Legal Week Information Technology Report” revealed that more than two-thirds of law firms surveyed agree that adopting cloud technology would make their firms more agile, but about 75% of law firms identified security as their number one concern about cloud-based applications. See, http://bit.ly/1al0e6Y'(free trial available).
While IT can be a source of competitive advantage and firm stability, if done poorly, it can sabotage a law firm's ability to compete or retain its most valuable clients, and adversely impact the bottom line as a result of lost productivity.
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.
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.
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.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
The Stranger to the Deed Rule
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.