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Features

High Court OKs Double Tax on Some Contingent Fees Image

High Court OKs Double Tax on Some Contingent Fees

Tony Mauro

In a pair of cases with potential pocketbook impact on lawyers and their clients, the Supreme Court ruled on January 24th that the contingent fee portion of lawsuit settlements and awards is taxable to the client, even if the money goes directly to the attorney. But initial reaction to the 8-0 decision was more muted than expected because a law passed by Congress last fall limits the ruling's implications, and the decision won't doom the contingent fee system, which fuels a broad range of private litigation.

Features

Can Your Firm Serve Small Clients Profitably? Image

Can Your Firm Serve Small Clients Profitably?

ALM Staff & Law Journal Newsletters

In one chapter of his 2004 book, <i>The First Myth of Legal Management is that It Exists</i>, Ed Wesemann argues that small clients disproportionately drain the resources of law firms while providing a disproportionately small contribution to firm profits. He proposes ways to help firms focus on serving larger clients, while also improving the profitability of small clients who stay with the firm.

Features

Development Image

Development

ALM Staff & Law Journal Newsletters

Recent rulings of importance to you and your practice.

Features

Index Image

Index

ALM Staff & Law Journal Newsletters

Everything contained in this issue in an easy-to-read list.

Cooperatives & Condominiums Image

Cooperatives & Condominiums

ALM Staff & Law Journal Newsletters

Recent rulings you need to know.

Landlord & Tenant Image

Landlord & Tenant

ALM Staff & Law Journal Newsletters

The latest rulings for your review.

Features

What Counts As an Exaction? Image

What Counts As an Exaction?

Stewart E. Sterk

In <i>Nollan v. California Coastal Commission</i>, 483 US 825, and <i>Dolan v. City of Tigard</i>, 512 US 374, the United States Supreme Court established that constitutional scrutiny of government exactions is more stringent than constitutional scrutiny of other land use controls. Last month, the New York Court of Appeals addressed an issue not fully resolved by Nollan and Dolan: What counts as an exaction for takings clause analysis?

Features

Real Property Law Image

Real Property Law

ALM Staff & Law Journal Newsletters

Recent important rulings of interest.

Features

IP News Image

IP News

Compiled by Eric Agovino

Highlights of the latest intellectual property news and cases from around the country.

The Wrong Box: <i>U.S. v. Martignon</i> Not a Copyright Case Image

The Wrong Box: <i>U.S. v. Martignon</i> Not a Copyright Case

David E. Boelzner

A prominent court, the U.S. District Court for the Southern District of New York, has rendered what may become a prominent opinion in the copyright arena, <i>U.S. v. Martignon</i>, No. 03 Cr. 1287 (S.D.N.Y. Sept. 27, 2004). Unfortunately, the analysis in the decision misses the essential point that the issue was not really one of copyright.

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