Cash cannot be realized until clients understand the benefits they have received from the lawyer's services — and agree to pay the bill. The key is to understand and convey value to the client, expressed in clear and understandable terms.
Richard L. Gabriel, the lead attorney for the Recording Industry Association of America (RIAA) in its copyright-infringement suits against individuals over the file-sharing of music, has been appointed to the Colorado Court of Appeals.
A bankruptcy judge slammed a New York law firm for putting its own desire to be paid above the interests of its hip-hop publishing client in a Chapter 11 proceeding. In a stinging 38-page decision, Southern District of New York Bankruptcy Judge Arthur J. Gonzalez denied Windels Marx Lane & Mittendorf any compensation for its work on the bankruptcy of hip-hop media company Source Enterprises Inc.
The California Court of Appeal, Second District, decided that the term 'Purchaser' in an agreement for 'Walt Disney Productions' to purchase rights in the novel 'Who Censored Roger Rabbit?' and its characters didn't apply to Disney's subsidiaries.
One could argue that the concept of the '360-degree deal' harkens back to the record business of the 1950s and 1960s. Then, labels would commonly provide integrated A&R, publishing, management and promotional services to their artists, as well as put them out on tours with their label mates. But today's 360 deals are substantially different. Generally, a 360 deal has a label participating in revenue streams outside of its traditional business of manufacturing and distributing recordings.
I think the 10-year deal that concert-industry giant Live Nation just closed with Jay-Z is brilliant. It builds on Live Nation's groundbreaking deal with Madonna and reinforces its unique position to make these deals profitable.
The billable hours lost each month to attrition stand to impact a firm's bottom line unless firm managers counteract this trickle with affirmative measures.
Who's doing what; who's going where.
Highlights of the latest insurance cases from around the country.
The Pennsylvania Supreme Court has adopted a 'multiple trigger' approach, whereby, under primary insurance policies obligating the insurer to 'pay on behalf of the Insured all sums which the Insured shall become legally obligated to pay,' all stages of the disease process, from initial exposure through incapacitation, are deemed to be 'bodily injury' triggering coverage under all primary policies on the risk during the entire period in which the disease evolved.
