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Attorneys may monitor jurors through online social networks as long as they do not contact the jurors or in any way make their monitoring known to them, the New York County Lawyers' Association said last month in an ethics opinion.
Drafting custom contracts from scratch is arguably the most labor intensive and expensive part of the legal process. We quickly discovered, however, that working with pre-written contract templates purchased from a handful of online legal forms sites is not the most effective method of reducing cost, particularly after factoring in the amount of time required to source the right documents, modify the text and correct style inconsistencies.
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Recent cases have made the reorganizations of individual Chapter 11s in some jurisdictions as difficult as prior to the BAPCPA. This article discusses the major uncertainties that currently exist in these types of cases.
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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.