Practice Tip: <B>Electronic & Digital Signatures in Word</b>
Have you ever had to print out a document just because you had to sign it before faxing it? Or have you ever done a merge mailing, only to have to print out and sign each letter individually? Wouldn't it be better if you could just sign all these documents electronically and send them electronically to their respective recipients? This article will shed some light on what is meant by electronic and digital signatures as well as provide details of how you can digitally sign a document in Word.
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New Release from Time Matters
Time Matters Version 5, the latest iteration of the popular law practice management program, was released in May, 2003, and Service Release 1, which added more features, such as linking to HotDocs v. 6, was released in August.
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Thin to Win?
While a good number of legal technology vendors have fully embraced the "thin" client, the so-called "fat" client-server based applications are still very much a part of the legal technology landscape. Where do we stand today? Are the promises of Web-based applications coming to fruition? Are there good reasons to stay with client-server applications? This article will present a brief overview of Web-based and client server applications and then provide some factors that can assist an organization in choosing between the two. It is hoped that this article will help dispel the modern myth that the Web is always better and provide guidance in your system selection process.
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MA Confidential: More 1099-MISCgivings
Does filing a 1099-MISC form without client consent violate a lawyer's professional ethical duty not to disclose client confidences? Absent such consent, how should a lawyer proceed? Using the example of our own state, Massachusetts, we illustrate in this article the analysis required to answer that question.
Optimizing Retirement Plans for Law Firms
Recent changes in the legislative and regulatory climate have made it possible and desirable to consider optimizing retirement plan contributions by combining defined benefit and defined contribution plans. But while combination plans can produce superior benefits, their designers must ensure that plans do not violate: the Internal Revenue Code rule that a plan qualified for favorable tax treatment must avoid discriminating in favor of highly compensated employees; or the requirement in the Age Discrimination in Employment Act (ADEA) that pension plans must not discriminate against employees on the basis of age. In Part One of this article, we introduce and compare some of these possibilities.
Telecommuting: Another Case of Double Taxation
The work Benjamin N. Cardozo School of Law tax professor Edward A. Zelinsky does telecommuting from his home in New Haven a couple days a week is equally, if not more, important to the work he does when physically present at the Manhattan law school, he insists. But that's hardly apparent in reading the New York Court of Appeals' Nov. 24 rejection of Zelinsky's constitutional challenge to the Empire State's tax system, which taxes the entirety of his income whether he worked for it in New York or back home in Connecticut.
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Containing Health Insurance Cost Increases
There's no relief in sight from rising health-care costs. Hewitt Associates, of Lincolnshire, IL, projects that health care costs will increase 15.4% this year, following an average rate hike last year of 13.7%. If this trend continues, Hewitt estimates, health coverage cost will double over the next 5 years. Law firms coast-to-coast therefore continue to search for their own magic bullets. While doing so, however, they're being careful not to shoot themselves in the foot. Firms see a strong benefits package as critical to retaining and recruiting employees, and therefore take a largely conservative approach to managing health-care costs - trying to maintain generous levels of coverage while minimizing the financial blow to employees.
New In-House Counsel Duties Under SAS 99
In its continuing effort to respond to high profile fraudulent financial reporting and to strengthen safeguards against fraud and the misappropriation of funds, the American Institute of Certified Public Accountants (AICPA) has issued Statement on Auditing Standards 99: Consideration of Fraud in a Financial Statement. Generally known as SAS 99, the new standard imposes additional requirements on the audit process and applies to audits of 2003 financial statements for both public and private companies. As in-house corporate counsel, you can be affected by this new measure in several ways, most notably in the information you may be required to gather and the questions you may be expected to answer. In addition, certain information gathered under SAS 99 can help public companies meet requirements imposed by the Sarbanes-Oxley Act.
Demonstrating the True Burden of e-Evidence
Approximately 3 years ago in <i>Danis v. USN Communications</i>, Magistrate Judge Schenkier stated: "At some point, a party and/or its attorneys must be held responsible for knowing what documents are discoverable and where to find them." He prefaced this statement by reasoning that we cannot create a loophole in the discovery rules by allowing counsel to argue: "Judge, we just didn't know those tapes existed." <BR>Case law in the past 3 years, most notably in <i>Zubulake v. UBS Warburg</i>, decision, has expanded a corporate counselor's Danis duty to "know thy e-data." <i>See also Zubulake v. UBS Warburg</i>. Counsel representing today's 21st century companies need to know more than simply where electronic evidence resides; they also have a duty to know if that data is accessible (<i>ie</i>, how easily it can be restored and produced) and how much the whole process is going to cost.
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