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Legal Travel Is Back: Post-Pandemic Tips for Lawyers Traveling for Trials
During the COVID-19 pandemic, the U.S. court system largely came to a standstill, with judges scrambling to conduct hearings via phone and video chat. As the availability of vaccinations increased and COVID-19 case numbers decreased, many courts across the country have resumed in-person trial operations. Law firms now face new challenges when it comes to planning for out-of-town trials, as the return to in-person proceedings requires coordinating travel logistics such as airfare, hotel reservations and technological needs.
Travel providers such as airlines, hotels and ground transportation companies are facing challenges due to a surge in demand, along with staffing shortages and increased costs. The Global Business Travel Association reported a 48% increase in prices for business air travel in 2022, and an additional 8% increase is expected by the end of this year, surpassing pre-pandemic levels. According to STR, the average U.S. hotel rate in spring 2022 was the highest monthly average on record, coming in at $146.61. In cities with high demand like Miami, the average rate in April 2022 was $329.50, a 30% increase from April 2019. The airline industry is also facing significant challenges, with higher costs, delays, schedule changes and overcrowded flights causing frustration for travelers globally.
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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.
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?
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.