The Voluntary Payment Doctrine Strikes Again
The voluntary payment doctrine, which supposedly bars a party from recovering payments made erroneously but voluntarily, has reared its head once again in the real estate context, this time in <I>Drmak Realty, LLC v. Progressive Credit Union.</I>
<b><i>Professional Development:</i></b> New Year's Resolution 101 -- Business Development Training
One of the greatest investments a firm can make is to train its talent ' its lawyers. What better way to begin a new year than a firm's management team getting behind a meaningful business development training program?
Columns & Departments
Real Property Law
Discussion of six cases and their verdicts.
Features
111010001: An Article of Commerce?
In <i>ClearCorrect Operating, LLC v. ITC,</i> the Federal Circuit limited the ITC's jurisdiction over digital commerce. In a 2-1 decision, the panel held that the ITC lacks authority to regulate digital imports.
The Art of the Mock
Who is the perfect juror? What is the most effective theme? What evidence is the most compelling in the eyes of the jury? These and many other similar questions plague the dreams of many trial lawyers, because high-stakes commercial litigation trials are multi-million-dollar productions with no room for error.
Rising Rents Push Techs to Key Markets
For years, technology firms and startups flocked to Northern California, but according to Jones Lang LaSalle's (JLL's) 2015 U.S. Technology Office Outlook, these companies have started to plant roots in markets across the nation.
Features
New FASB/IASB Lease Accounting Rules to Be Issued Soon
The IASB and the FASB have completed decision-making meetings and the respective staffs are drafting the final rules, which will be signed and issued this month. The IASB and FASB will issue separate rules as they have chosen two different models for lessee accounting. They both have adopted the same lessor model with a few minor differences.
Hello, Kitty! Can You Smell That Smell? It's a Covered Loss!
The NH Supreme Court's recent decision in <I>Mellin v. N. Sec. Ins. Co.</I> is getting some attention, and not just because it's fun to talk about cat pee. The case sets a very important precedent regarding the definition of the term "physical loss" and the construction of pollution exclusions in NH property insurance policies.
Features
Bonuses and the Reality of Big Law Associate Compensation
In December, Cravath, Swaine & Moore circulated an internal memo setting associate bonuses according to the same scale set in 2014 by Davis Polk & Wardwell. First- and second-year associates will receive up to $15,000, while senior associates can make as much as $100,000.
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