Going Out on Your Own?
The economic turmoil of the past two years has had a dramatic impact on those of us who chose a career in the private practice of law. For many attorneys, these conditions have created an ideal time to strike out on their own and fulfill a dream of becoming a solo practitioner. For others, substantial layoffs at large firms and hiring freezes throughout the legal profession have teamed up to leave them with no other choice but to make a go of hanging out their own shingle.
Outlook Tips, Tricks and Gotchas
While my usual columns tend to contain a single topic, covered with a semblance of depth, this article is more of a rapid-fire approach to some helpful tips and "gotchas" in Outlook.
Microsoft Word 2007 'Track Changes' and 'Compare'
With Word 2007, firms now have a viable option to lower their desktop software costs by foregoing the investment in outside the application document comparison products. Word 2007 now provides many features that were either poorly designed or absent in previous versions.
Practical Responses to Client Demands for a Fee Cut
Law firms have a variety of strategies that can address a client's need for ostensibly lower fees without putting the firm at a financial disadvantage.
Features
Six Strategies for Transitioning a Firm's Client Base from Senior to Other Partners
Successful transitioning of client work from senior to other partners involves numerous components that have to be planned and implemented in an effective and timely manner.
Costly Tenant Leasing Mistakes Can Be Avoided
The first part of this article addressed the power of leverage and competition when entering the leasing market. The conclusion herein discusses construction costs and turnkey solutions.
Features
Gross Leasable Area and Excluded Area
In an environment where it has become increasingly difficult for landlords to lease space in their retail projects, landlords have employed a new strategy to compensate for the ever increasing vacant space within their retail projects.
Features
In the Spotlight: Islamic Finance and Its Impact on Leasing Transactions in the U.S.
When commercial real estate markets in this country recover, foreign funds will once again play a significant role. For that reason, it is important for every owner of commercial real estate in the United States today to know something about Islamic finance.
Features
Market Value for Property Tax Purposes in a Recessionary Market
A market value analysis for property tax purposes differs significantly from a market value analysis for other business purposes, such as financing or acquisitions. When deciding whether to file a property tax appeal and pursue the negotiation of a settlement and/or trial of your appeal, it is essential to understand this crucial difference in valuation methodology.
Features
Second Circuit: 502(d) Does Not Apply to Administrative Claims
In <i>ASM Capital, LP v. Ames Department Stores, Inc.</i> the Second Circuit Court of Appeals (the "Second Circuit") held that ' 502(d) of the Bankruptcy Code, which disallows claims until the claimant has returned all voidable preferential payments and other voidable transfers from the debtor's estate, does not apply to disallow administrative claims under 503(b).
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