Canadian Insolvency Law Amendments
On Sept. 18, 2009, the Canadian government enacted significant Amendments to Canada's Bankruptcy and Insolvency Act and Companies' Creditors Arrangement Act. This article focuses on certain of the Amendments to which equipment financiers should pay particular attention as they may impact how equipment financiers transact business.
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Is There a Chinese Import Nightmare Looming from Nonroad Equipment?
Small, spark-ignited nonroad engines from China are the latest imports that run afoul of U.S. standards, as many do not meet the requirements of the Clean Air Act.
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Advance Conflict Waivers
Let me try to explain the rules governing Advance Conflict Waivers by asking, and then answering, five questions.
Pricing
Despite mounting client discontent, most law firms so far have been either unwilling or unable to change the way in which they price their services. This article argues that this is because most law firms continue to sell their partners and associates rather than selling legal services. It also provides some perspectives on the issue and summarizes small improvements that firms can make to better manage their pricing.
Pension Funding
The conclusion of this two-part article addresses: 1) whether the Program qualifies for AFTAP valuation as an asset; 2) whether the Program complies with COLI Best Practices of 2006 and IRC ' 101(j) and Notice 2009-48; and 3) whether the Program is a prohibited transaction.
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Profitability Analysis: The First Steps
If your firm has a number of legal departments, how does one determine the profitability (or economic contribution) of each? Delving further into a specific department, how do you measure the profitability of a practice area?
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Hosted VoIP Solutions
With the help of Alteva, an enterprise-hosted VoIP provider, our firm has added new capabilities and reduced the operating costs of telephone services by over 50% while still providing the same level of service our clients have come to expect.
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Project Management Software Empowers the Litigation Support Department
The Practice Support Department has long recognized the importance of project management to promote cost-containment strategies and to ensure compliance with discovery requirements during the discovery phase of a litigation case. While the firm developed its own sophisticated project management database, the newly implemented iFramework software takes project management to a higher level.
A Case for Operating in the Cloud
There are two ideas I would like to emphasize with this article. First, cloud computing will drastically change the legal industry. Second, as an IT person in your firm, your most important mission is to get your firm to move to the cloud.
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