Avoid Contract Traps
e-Commerce veterans may think they know how to read a business contract, and for most contracts, they're right, because checking what has been typed onto a preprinted form ' the price, deliverables and delivery date ' is usually enough to know. <br>But the provisions of tech contracts that really affect success may not be so obvious. Contract boilerplates often hide traps for the uninitiated. Merely reading the language specifically added to a form may not reveal the actual risks lurking in the contract.
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e-Commerce Docket Sheet
Recent cases in e-commerce law and in the e-commerce industry.
Electronic Discovery Reference Model Project Launched
A group of 29 organizations has formed a group that will follow an open process to develop a reference model describing the concepts and relationships that comprise the electronic discovery processes. Called the Electronic Discovery Reference Model Project, the group will develop The Electronic Discovery Reference Model (EDRM) that will provide a common, flexible and extensible framework for the development, selection, evaluation and use of electronic discovery products and services.
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Going Matter-Centric With Interwoven WorkSite 8
Ideally, most of an attorney's time will be devoted to the needs of clients. In the real world however, attorneys can waste valuable hours every week searching…
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Tabs3 Version 12 Takes on a Windows XP Visual Style
Software Technology, Inc., the maker of Tabs3 and PracticeMaster, has released Version 12 of its integrated time, billing, accounting and practice management software. The new programs feature a visually improved interface, useful enhancements and new features.
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Practice Tip: One Size Does Not Fit All
The legal technology mega-mall ' hundreds of software vendors ' how does a firm choose? <br>For most types of enterprise wide systems, there is no single vendor that can credibly claim to be the one and only solution for everyone. Although many would like to make that claim, the plain truth is that one size does not fit all. While there is no one software solution that is the perfect fit for all firms, it is possible for each firm to find the best fit for their particular circumstances.
Paper Intake Forms Are 'So Yesterday'
Well it's about time. The days of filling out paper forms, and sending them through the office mail to only then have someone re-key them into a computer are gone. Double entry of information and paper forms are a waste of valuable time and money. Some law firms tend to be inefficient, thinking that a little inefficiency helps increase billable hours. We'll save that discussion for another time. Internal staff inefficiency is another story; this is hard cost, non-billable and is definitely money to a partner.
'Success Bonus' for 5-Day Mediation Struck Down
A $600-an-hour Greenwich divorce attorney must return over $370,000 in bonuses and other payments arising from a pressure-cooker, 5-day divorce mediation…
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Divorce and the New Bankruptcy Law
Among the more arduous tasks for an attorney handling a matrimonial case is the negotiation of the financial aspects, primarily support and maintenance and the division and distribution of marital property. In many cases, exhaustive financial disclosure is necessary; evaluations of property are obtained and challenged, and months of negotiations and legal services result, finally, in a resolution of the financial issues.
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- Protecting Innovation in the Cyber World from Patent TrollsWith trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.Read More ›
- Private Equity Valuation: A Significant DecisionInsiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.Read More ›
- Use of Deferred Prosecution Agreements In White Collar InvestigationsThis article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.Read More ›
- The DOJ Goes Phishing: The Rise of False Claims Act Cybersecurity LitigationWhile the DOJ Civil Cyber-Fraud Initiative is still in its early stages and cybersecurity regulations are evolving, whistleblower plaintiffs have already begun leveraging the FCA to pursue alleged noncompliance with government cybersecurity requirements.Read More ›
- What Does 2024 Hold for Cybersecurity?Our annual poll of experts on the trends and developments to watch out for in 2024 in AI, data privacy, cybersecurity, e-discovery and more.Read More ›