While the convergence of legal management and enterprise governance, risk, and compliance (GRC) is not new, more recent efforts to manage this development through integrated technology are fast becoming a strategic imperative.
When attempting to build their brands, the first question that law firm managers and marketers should ask is not "How can we build our brand?" but rather a prior question: "What is the brand that we're trying to build?"
In December 2014, the Indiana Court of Appeals expanded the scope of employment-related exclusions when it granted summary judgment in favor of Peerless Indemnity Insurance Company in a coverage dispute with a named partner in the now defunct law firm of Moshe & Stimson, LLP. Herein is an analysis of the case.
The standard law firm model that has been in effect for the better part of the last 20 years is becoming less viable and the way law firms are run is undergoing a subtle, yet significant change, driven largely by information.
Pop star Justin Bieber should face the music ' or, more specifically, a jury ' on claims that his hit song "Somebody to Love" infringed on copyrighted material. The U.S. Court of Appeals for the Fourth Circuit has revived the case, more than a year after Bieber's lawyers got the suit dismissed.
The Illinois Supreme Court held in 2014 that an insurer could rescind a malpractice policy due to material misrepresentations made in the insurance application, even though the rescission left other attorneys who did not take part in the application and were not involved in the underlying misconduct (innocent insureds) without coverage.
There are two ways lateral partner recruiting can grow the revenues of a law firm. The first is through the acquisition of additional client relationships brought to the firm by the lateral partner. The second is the added work generated by the lateral partner serving more of the legal needs of the firm's existing clientele.
The standard law firm model that has been in effect for the better part of the last 20 years is becoming less viable and the way law firms are run is undergoing a subtle, yet significant change, driven largely by information.
Law Firm's Suit Against Popovich Estate Is Dismissed
Dispute over Song Contest Must Go to Arbitration
For many reasons ' ranging from local custom to estate planning to tax considerations ' the most desirable real property is often available only through long-term ground leases and is usually developed and subleased to retail tenants. The long-term ground lease turnkey sublease transaction (referred to in this article simply as the "Turnkey Sublease") is thus a much-used device.
