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The Importance of Social Skills: Technology and Data Are Not Enough to Grow Your Firm's Business
Go to any legal industry publication and there are always a plethora of articles on any given day about new technology for our industry. In fact, there are specific and wonderful publications for this part of the industry. There are stories about artificial intelligence taking over, and there are a plethora of blog posts which explain how the legal industry should be using data.
In March 2019, Wolters Kluwer Legal & Regulatory Division conducted a survey and published their findings in a report entitled The 2019 Future Ready Lawyer. In it, they came to the conclusion:
“Leveraging technology as a strategic advantage is characteristic of high-performing businesses and professionals around the world. The same is true for the legal sector. Technology is a differentiator, and will become even more important as legal professionals recognize and leverage the unprecedented insights, capabilities, and efficiencies that technology delivers.”
Law firm leaders cannot afford to discount technology and data. In fact, the amount of data created on a daily basis is staggering. According to the 6th annual research report by Domo, a provider of a cloud-based operating system for business which helps companies interpret data, they found:
“Over 2.5 quintillion bytes of data are created every single day, and it's only going to grow from there. By 2020, it's estimated that 1.7MB of data will be created every second for every person on earth.”
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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.