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Client relationship management (CRM) has an uneven record of success in the legal field. In the past, many CRM systems served as glorified contact databases that were rarely updated and even less frequently used for any meaningful purpose. As newer solutions have emerged, legal CRM has begun its slow rise to what it is today within many firms ' a key technological element of a client-centered operational strategy.
In a decision of great significance to secured creditors, the United States Court of Appeals for the Seventh Circuit has held that secured creditors have a statutory right to credit bid their debt at an asset sale conducted under a so-called "cramdown" plan.
Evaluating document management systems, looking at the different features available, and determining what is best for your firm can be a daunting task. This article provides helpful information on the most common document management systems used within law firms to make these decisions easier.
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The holding in this important case supports the relatively new theory that New York law permits a mortgagor to transfer its entire interest in rents to a mortgagee upon executing the mortgage, such that the transfer will remain effective in the mortgagor's eventual bankruptcy.
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One of the main trends mentioned by many at LegalTech NY was e-discovery technology solutions for smaller cases. Historically, e-discovery technology tools have been geared toward the largest of cases from a document and data volume standpoint. Cases with smaller volumes (and often, less dollars at stake), however, have the same needs for efficiencies in the e-discovery process. Fortunately, there are several solutions that benefit these smaller cases.
In Part One herein, the author identifies the basic concept of what exactly "an office" is, in a world of telecommuting, working at home, "virtual" law offices (VLOs), "limited service" and "satellite" law offices, and long client meetings offsite.
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Connecticut will became the first state to require paid sick leave when its new law takes effect Jan. 1, 2012. The new paid sick leave law for service workers could create a host of thorny compliance issues for employment lawyers.
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On March 24, 2011, the EEOC issued the final regulations to the ADAAA. The new regulations replace the ADA's prior high level of scrutiny with a standard in favor of broad coverage for individuals seeking protection under the Act.
This three-part article has sketched out some important areas in which financial economics can provide useful insights in ERISA litigation. It also touched on some of the important issues financial economists confront when they calculate alleged damages.
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Contract-drafting expert Kenneth A. Adams offers recommendations for California courts to consider on what he believes is a faulty court of appeal decision on a still cloudy, implied covenant issue in the state's jurisprudence.