Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Preparing the Next Generation of Lawyer Leaders
Four years ago, in a conference room full of aspiring leaders, an argument ensued. A vocal member of the group had taken umbrage with the committee's designation: the Young Leaders Group. While not especially offended at the intimation he was younger than his peers, he argued the association implied these lawyers, ranging in age from early-30s to late 40s, lacked a level of maturity. He went on to point out many in the room currently held and had held leadership roles for many years. The moniker, he said, undermined their authority and positions in the firm. Though seemingly trite to some — who doesn't love quibbling with lawyers over word choice — the sentiment hit the mark. Others responded and a new title took hold: the Next Generation Leaders.
In firms around the world, a similar discussion is underway. A new crop of leaders is gearing up to take the helm. Like their brethren before them, they have little in the way of formal experience or training for the roles they are about to inherit. More pressing, the demands on today's lawyer leaders are more complex and nuanced than ever before. A 2018 Legal Executive Institute report, "The State of Law Firm Leadership," by Patrick McKenna and David Parnell reports a stark 80% of firms believe challenges are either "more complex" or "almost overwhelming at times" compared to five years prior. Initial feedback and findings from "The Survey of Law Firm Professional Development," co-produced by LawVision Group and The Tilt Institute, reveals few firms have formal, systematic programs in place to equip lawyers with the broad range of leadership and business skills required to manage and lead multi-hundred-million or multibillion-dollar organizations.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
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.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
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.
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.
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.
Transfer Tax Implications on Real Property Leases
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.