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Why Lawyers Stink At Business Development and What Law Firms Are Doing About It
Even the Perry Masons of the real world generally have weak sales skills on par with those of Willy Loman, the tragic and central figure of Arthur Miller's Death of a Salesman. This unfortunate fact leaves many law firms scratching their heads and wondering: 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?
Dr. Larry Richard is recognized as a leading expert on the psychology of lawyer behavior. He is a former trial lawyer, psychologist, and the principal consultant for LawyerBrain, a management consulting firm that specializes in improving lawyer performance through personality science. Over the past 30 years, Dr. Richard extracted personality information from the Caliper Profile, and the data consistently reveals that people who choose law as a profession tend to have certain personality traits that are highly atypical. Such traits include a high level of skepticism, high level of abstract reasoning, and a strong sense of autonomy. Additionally, lawyers are low on psychological resilience and empathy. According to Dr. Richard: "Resilience is how we react to criticism, rejection or set-backs and so a high resilience person basically tolerates life's bumps, either doesn't let it affect them or they get over it really quickly. But a low resilience person gets defensive or bent out of shape and feels wounded or hurt." Dr. Richard further explains: "Low empathy is just thinking about my agenda and what I want to put out, but I am not adjusting for the recipient's end."
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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.
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Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
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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.