Many lawyers measure their firm's profitability the way a company does ' as a percentage of sales. However, the correct way to measure the profitability of a law firm, whether it is a partnership or a professional corporation, is the net income per equity partner (NI/EP) (or shareholder).

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The U.S. Court of Appeals for the First Circuit upheld the dismissal of a defamation suit by a former bodyguard of the musical artist Madonna who sued over a photograph of a gay man mistakenly captioned with the name of the bodyguard in a book about Madonna.

Film Release/Approvals <br>Production Projects/Agreements In Principle

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Recent cases in entertainment law.

Lawyers defending a biographer of Otis Redding failed in their effort to use Georgia's anti-SLAPP statute to block a libel suit brought over the book "Otis!".

If not for the infusion of private capital, many independent films ' generally films produced outside the traditional studio system ' would probably never have been made. That's because banks are unlikely to loan money for such an uncertain and risky venture ' the success of which is greatly dependent on the fickle nature of audiences. But most independent film investors are either unaware of, or pay little attention to, the realities of the theatrical film market. Given the limited potential for widespread independent film success and other inherent investment risks, an entertainment attorney must be diligent and proactive to fully protect a client's film investment.

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Recent developments in entertainment law.

Recently filed cases in entertainment law, straight from the steps of the Los Angeles Superior Court.