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Professional Development: Training the New Crop of Incoming Associates
The practice of law has transformed and expanded over the past 20 years. The profession has shifted to become more client focused, associates are entering at higher salaries and firms are pressured to be more efficient. All this adds up to the necessity for new associates to be productive sooner. However, young lawyers do not learn to practice law in school. They learn to do research, cite cases and think logically, but they are missing practical application of the law. This must be taught by senior lawyers. The following is a step-by-step guide for attorneys who finds themselves responsible for training new lawyers.
Adult Education
Teaching adults is not like teaching children and teaching attorneys is not like teaching other adults. Education for a billable-hour-conscious person must be direct, concise and immediately useful. Attorneys have many roles and responsibilities on the job: researcher, information giver, writer, advocate, negotiator, counselor and problem-solver. They apply their knowledge and skill daily, and they enter training opportunities voluntarily. Attorneys do not want to waste their time with training that they perceive as having no value. Attorney training must be well-defined, goal oriented, and applicable to their practice.
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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?