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Distressed Investors Should Take Advantage of the Upcoming Plethora of Defaulted CRE Loans Image

Distressed Investors Should Take Advantage of the Upcoming Plethora of Defaulted CRE Loans

Joseph J. Ori

What is different about this distressed cycle is that most of the lenders are not foreclosing and taking title to the CRE assets, managing, and leasing them for a few months and then selling the properties. They are more likely to sell the note/mortgage rather than foreclose on the property. This presents a unique and interesting opportunity for astute distressed investors, who are experienced in acquiring mortgage notes secured by commercial property and in the arduous foreclosure and bankruptcy process,

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How Modern Law Firms Are Navigating Digital Transformation Image

How Modern Law Firms Are Navigating Digital Transformation

Ari Kaplan

A new report emphasizes the connection between legal technology and law firm success, the importance of training to ensure technology adoption, the influence of automation and document management on digital transformation, and how law firms are deploying data to create a competitive advantage.

Features

Is Consolidation Coming to a Firm Near You? Image

Is Consolidation Coming to a Firm Near You?

Harold Westervelt

Automate Onboarding & Offboarding Processes for Smoother Transitions Questions about the role of AI in the legal market continue to dominate current headlines, but firm consolidation remains a big part of the transformation the industry is undergoing. And yes, technology and automation are playing key parts in this. As firms merge or acquire others to expand their capabilities and client base, a streamlined approach to attorney onboarding and offboarding has become essential.

Features

Potential Legal Pitfalls for Public Companies Due to SEC's New Cybersecurity Rules Image

Potential Legal Pitfalls for Public Companies Due to SEC's New Cybersecurity Rules

Tommy Smith

Some 16 months after first proposing rules for public companies and investment advisors, the SEC adopted new rules, chief among them that public companies disclose material cybersecurity breaches to investors within four days.

Features

Tips for Achieving More Certainty of Specific Performance Availability Image

Tips for Achieving More Certainty of Specific Performance Availability

Adrienne B. Koch & Neil S. Miller

Both litigators and transactional lawyers know the basic drill: specific performance is available for breach of a contract whose subject matter is so unique that money damages will not adequately compensate the non-breaching party. But it does not necessarily follow that specific performance is generally available for breach of an agreement that involves real estate. This article discusses why and suggests some ways parties can achieve more certainty in this regard.

Features

AI-Generated Content, Deepfakes and New Data Push the Limits of Civil Procedure Image

AI-Generated Content, Deepfakes and New Data Push the Limits of Civil Procedure

Jerry Bui

How will traditional tools and techniques need to adapt to handle new data challenges that have never been encountered by digital forensics specialists or lawyers?

Features

Automating Onboarding and Offboarding Is Key to Legal Industry Transformation Image

Automating Onboarding and Offboarding Is Key to Legal Industry Transformation

Harold Westervelt

Automate Onboarding & Offboarding Processes for Smoother Transitions Questions about the role of AI in the legal market continue to dominate current headlines, but firm consolidation remains a big part of the transformation the industry is undergoing. And yes, technology and automation are playing key parts in this. As firms merge or acquire others to expand their capabilities and client base, a streamlined approach to attorney onboarding and offboarding has become essential.

Features

Young Partners Should Embrace an Ownership Mentality Image

Young Partners Should Embrace an Ownership Mentality

Sharon Meit Abrahams

Firms promote associates to partner and then expect them to "act" like a partner. Acting like a partner is an unclear declaration and can cover a wide range of expectations. One of the most important expectations for these newly minted partners is for them to have an ownership mindset. The mindset of a business owner is not something that comes naturally, nor is it in any way developed through the associate years.

Features

Crypto Winter Leads to Explosion of Regulatory Activity Image

Crypto Winter Leads to Explosion of Regulatory Activity

Mark Bini, Kaela Dahan & Victoria Jaus

In the past year, following the Crypto Winter, there has been an explosion of activity by United States regulators and enforcers. Crypto companies, for their part, have complained that it is not clear what digital assets, if any, are securities, and that they have not been given clear regulatory rules of the road.

Features

Trend of Smaller and More Efficient Offices Leads To Downsizing Image

Trend of Smaller and More Efficient Offices Leads To Downsizing

Abigail Adcox

Several big law firms have plans to shrink their Washington, DC, offices soon, continuing the legal industry trend of smaller and more efficient offices in the wake of the pandemic and hybrid work arrangements.

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