Features
Clearing Up Executive Compensation
The U.S. Securities and Exchange Commission (SEC) published its proposal to revamp the rules governing the disclosure of executive and director compensation on Jan. 27, 2006. The proposed rules stand to significantly alter the compensation disclosure requirements applicable to registration statements, proxy statements, annual reports and Form 8-Ks, and are intended to ensure that investors receive disclosure that is 'clearer and more complete.' The regulations are the first attempt at a major overhaul of compensation disclosure since 1992 and were proposed in response to the widespread criticism that the current disclosure requirements do not engender a complete and accurate description of executive pay packages. <br>The proposal, to adapt the old saying, combines something old, something new and something borrowed.
Features
Transition Planning and Flexibitlity for Senior Partners
Many of the stories about senior partners pressured to retire so the next generation can take over are not pretty. They contradict long-held notions of what a partnership should be and neglect the long-time partners' non-financial needs.For younger generations in the workplace to get what they want from a transitioning agreement, there must be something in it for the more senior people too.
<b>Technology Uses & Costs</b>: Improved Cost Recovery for Imaging
Chapman and Cutler LLP is a Chicago-based law firm focused on innovative and practical legal solutions for complex financial transactions. In addition to traditional financing, the firm, with its pool of 180 attorneys located in three offices, is widely recognized for its experience in specialized areas of finance. Keeping up with the pace of change in the financial arena, as well as the rapidly evolving needs of Chapman and Cutler's clients, has consistently challenged our IT group to provide the Chapman user community with the most up-to-date and efficient technology solutions. This was our objective last summer when we set out to replace and upgrade our firm's cost recovery systems.
Trademark Protection for Characters After Copyright
As the copyright terms of many iconic, character-based works of the 20th century near closure, owners of these works face the question as to what extent they can enjoy exclusive rights in the characters they have created. Included is Disney's Mickey Mouse, first introduced in the short animated film 'Steamboat Willie' in 1928. Enterprising third parties raise the related question: Does the expiration of copyright mean these works and characters can be freely exploited? Once a copyright term lapses, an original work is said to pass into the public domain, available for all to freely copy and exploit. However, continued trademark protection for a character may delay or complicate the character's passage into the public domain. A careful analysis of fundamental principles of trademark and copyright law and relevant case law illuminate certain legal guideposts for navigating through the complexities of character protection.
IP News
Highlights of the latest intellectual property news from around the country.
Features
Building A Law Firm Intranet
The intranet has developed into the preferred platform for internal communication within many law firms. <br>Similar to the Web, there is a lot of value to be gained from a strong intranet presence. Everyone had his or her own ideas on what should be included and posted on the intranet. After a number of group meetings with IT, each department was given a page with basic components.
Translating Professional Development Into Business
How do you get the highest and best use out of your firm's professional development investment, over and above the clear benefit to your own lawyers and staff? Odds are there is a huge amount of intellectual property already in existence as a result of your firm's internal programs. Consider turning what is a valuable cost center into an invaluable business development resource.
Growth Potential: Law Firm Earns $900,000 Selling Services Online to Clients
London-based Eversheds recently won the 2005 'Best Use of Technology' award from the European Managing Partners Forum. The annual practice-management competition is open to law, accounting, property management, management consulting and other professional services firms. Categories cover marketing, human resources programs, diversity efforts, financial management and more.
Features
<b>Media & Communications Corner</b>Securing Media Coverage in Key Publications
Over the next few months in our monthly column on media relations, Jaffe Associates' media relations team will take a closer look at several of the top publications for legal coverage. We will interview the editors and reporters who cover the news and bring you their perspective on what is important to them and the direction in which they think legal reporting is heading.<br>Our first article in the series looks at the Wall Street Journal Law Page. In January of this year, the WSJ greatly expanded its online coverage of legal issues with a new page dedicated to law-related content and launched a legal industry blog, the only one of its kind by a major daily. We sat down with <b>Ashby Jones</b>, the editor of the page, and <b>Peter Lattman</b>, a WSJ Online legal reporter and the primary writer for the blog, to learn more about the page and its content.
<b>Meyerowitz on Marketing:</b> Lawsuits Too Bad To Be True
Lawyers have long been the subject of jokes and put downs, but apocryphal anecdotes demeaning lawyers, the courts, or the legal system particularly irk Karen M. Balaban, a Harrisburg attorney and one of three chairs of the Pennsylvania Bar Association's Public Relations Implementation Task Force Committee. Lawyers, she believes, 'should not allow these urban legends to proliferate' to the detriment of lawyers and judges and the public's opinion of the profession. Instead, Balaban says, lawyers, who are trained to help adjudicators find the truth, 'should be more conscious about getting at the facts of the matter.' Balaban emphasizes that faux facts make all lawyers look bad, and asserts that lawyers should investigate and then, when they discover that some stories are false, should say, 'these things are not true.'
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