A recent decision of the Seventh Circuit, Sunbeam Prods. v. Chi. Am. Mfg., LLC, has been viewed by many, including the authors of this article, as signaling a potential trend in favor of non-debtor licensees of intellectual property.
A recent New York case demonstrates that the common law doctrine of champerty still poses a threat to the market for distressed debt.
There are many companies listed on U.S. stock exchanges whose assets are located in China. Recently, many of these companies have faced increased scrutiny by their shareholders, bondholders, other investors and the Securities and Exchange Commission (SEC).
Despite the tremendous publicity surrounding global anti-bribery enforcement efforts, Transparency International's latest Progress Report finds that enforcement "remains inadequate.
The primary reason we chose Aderant Total Office was because of integration and that very few of the vendors the firm considered could provide both case and financial management software.
All firms are interested in saving money. And while the fastest route to savings is to cut personnel, this should not be the first approach. It limits the ability of a firm to grow and avoids the focus needed to reinvent the firm. If law firms take a good look at their opportunities to save money, they might find that eliminating physical assets, renegotiating high-priced contracts, and expanding the capabilities of flexible and capable personnel might provide better returns.
Leveraging social media is the least expensive way to expand your business and brand your name. Business to consumer (B-to-C) companies long ago embraced the social Web as a way to connect with existing customers and attract new customers. These same methods and available outlets will work for law firms, too. And, you don't have to spend a lot of money with an outside ad agency or marketing firm to get the results you want.
Back in the analog days, a parade of lawyers and paralegals would march into the courtroom right before a trial started, carrying dozens of bankers' boxes filled with documents and other evidence. Now, a trial presentation technician walks into the courtroom carrying just a laptop, but one loaded with a trial exhibit database that contains the equivalent of hundreds of bankers' boxes of material.
Find out how new technology and new work habits in modern legal practice put attorney/client privilege and work product confidentiality at risk.
On Nov. 15, the U.S. Senate declined to approve S. 3414, the Cybersecurity Act of 2012. The proposed legislation would have set voluntary cybersecurity standards for owners of the nation's critical infrastructure, such as gas pipelines, utilities and banks. In the absence of cybersecurity legislation, the Obama administration now is considering taking action through an executive order.
