Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Features

Best Software Technologies For Boosting Realization Image

Best Software Technologies For Boosting Realization

James J. Hammond

<i>A&amp;FP</i>'s July edition included an article describing how one large firm methodically improved collections with due regard for the delicacy of client relationships. To that same end, this new article by Jim Hammond explores software technologies that help focus and streamline a firm's collections efforts.

Origination Tracking: Findings From The A-W Survey Image

Origination Tracking: Findings From The A-W Survey

James D. Cotterman

As a counterpoint to the September edition's commentary by Joel A. Rose on tracking of partner contributions, here's a statistics-based line of thought from Jim Cotterman; this article expands on his introduction to Altman-Weil's 2003 Survey of Compensation Systems in Private Law Firms.

Improved Revenue Forecasting Image

Improved Revenue Forecasting

Norm Mullock

Paramount among the many analytic challenges facing Law firm CFOs and their financial staff is accurately forecasting cash. Relying on the law of large numbers, most firms assume that prior averages will hold, so they use history-based, firm-wide performance ratios to obtain cash flow projections.<br>In a growing firm, this simplistic approach has an inherent weakness: over-budgeting revenue. The problem is that not all of this year's growing production will be collected this year.

Corporate Tax Law Ends 'Double Taxation' Of Contingent Fees Image

Corporate Tax Law Ends 'Double Taxation' Of Contingent Fees

Tony Mauro

Last year's November issue of <i>A&amp;FP</i> editorialized against the IRS practice that is corrected, at least prospectively, by this legislation. As noted in that editorial, even the IRS's own Taxpayer Advocate supported such a correction. Passage of the new Act supports the argument that double taxation of contingency fees in such cases had never been the intent of Congress. Employment law and civil rights plaintiffs who previously held back from pursuing modest claims to avoid catastrophic income tax consequences are now free to proceed with such actions.

Features

Fee Award Rule For Civil Rights Cases Under Review in NY Image

Fee Award Rule For Civil Rights Cases Under Review in NY

John Caher

The New York Court of Appeals has an opportunity to adopt ' or categorically reject ' the Farrar standard on attorney fees.

Features

How A Leader Adds Value To A Law Firm Image

How A Leader Adds Value To A Law Firm

Joel A. Rose

The greatest, and perhaps the most frustrating challenge with which effective leaders of law firms must deal is the approach to follow to provide leadership to their firms. Central to this conflict is whether to lead by consensus or decree. Astute leaders achieve the appropriate balance of building consensus among the partners versus managing as an autocrat.

Tax Bill Makes Major Changes To Deferred Compensation Rules Image

Tax Bill Makes Major Changes To Deferred Compensation Rules

Michael J. Collins & Amber T. Busuttil

In early October, Congress passed the American Jobs Creation Act of 2004 (Bill). President Bush is expected to sign it shortly. The Bill includes a number of tax breaks and is primarily directed toward ending export subsidies that were declared illegal in 2002 and that caused the European Union to impose tariffs on certain imports from the U.S. <br>In addition, the Bill includes provisions affecting deferred compensation that have been described as a "sea change" by senior government officials.

Features

Gray Cary & Piper Rudnick: It's A Match! Image

Gray Cary & Piper Rudnick: It's A Match!

Marie-Anne Hogarth

Partners at Gray Cary Ware &amp; Freidenrich and Piper Rudnick voted to merge the two firms in mid-October, creating a firm with close to 1400 lawyers in 20 offices and setting the stage for an even larger combination later this year.

Features

Eight Ways To Save Money On Legal Fees Image

Eight Ways To Save Money On Legal Fees

Brenda M. Cotter

Some may wonder why a partner in a major law firm is going to tell you how to save money on litigation legal expenses. The answer is simple. My job, first and foremost, is to obtain the best possible result for my clients. In my view (and the view of my colleagues), achieving the best result includes cost efficiency and cost effectiveness. Over the course of 18 years, I have had a front row seat to a wide range of client approaches to managing ' or not managing ' legal fees.

Features

Around the Firms Image

Around the Firms

Teri Zucker

Movement among major law firms and corporations.

Need Help?

  1. Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
  2. Need other assistance? email Customer Service or call 1-877-256-2472.

MOST POPULAR STORIES

  • Bankruptcy Sales: Finding a Diamond In the Rough
    There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
    Read More ›
  • Compliance Officers and Law Enforcement: Friends or Foes?
    <b><i>Part Two of a Two-Part Article</b></i><p>As we saw in Part One, regulators have recently shown a tendency to focus on compliance officers who they deem to have failed to ensure that the compliance and anti-money laundering (AML) programs that they oversee adequately prevented corporate wrongdoing, and there are several indications that regulators will continue to target compliance officers in 2018 in actions focused on Bank Secrecy Act/AML compliance.
    Read More ›
  • Artist Challenges Copyright Office Refusal to Register Award-Winning AI-Assisted Work
    Copyright law has long struggled to keep pace with advances in technology, and the debate around the copyrightability of AI-assisted works is no exception. At issue is the human authorship requirement: the principle that a work must have a human author to be eligible for copyright protection. While the Copyright Office has previously cited this "bedrock requirement of copyright" to reject registrations, recent decisions have focused on the role of human authorship in the context of AI.
    Read More ›