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AI and Law Practice: A Roadmap for Success In Modern Legal Firms, Part 2
November 01, 2023
Part Two of a Two-Part Article A report on the September panel discussion sponsored by the Miami Dade Bar Association Law and Technology Committee, on AI and how to effectively use it in law firms.
Sports Memorabilia NFTs Bring Web of Rights to Negotiate for Athletes, Agents
November 01, 2023
An inside look at the jungle of rights, including insights from a top racetrack executive, on the use of NFTs. We also lay out some practical tips for athletes, agents, and attorneys on how to navigate the digital sports memorabilia landscape, including in contract negotiations and disputes.
It's Hoteling, Not Moteling
November 01, 2023
Hoteling has a negative connotation in the legal industry as little has been done to make the experience reliable and something to look forward to. The fact is, hoteling has worked very well in other industries for many years, and lessons learned here can help law firms.
Protecting Artificial Intelligence Inventions: Takeaways from 'IBM v. Zillow' from a Patent Drafting Perspective
November 01, 2023
Part Two of a Two-Part Article In Part One, we discussed the IBM v. Zillow case, where IBM sued Zillow for infringing on seven IBM's patents directed to artificial intelligence (AI) algorithms for estimating property value. The focus was on the difficulties in establishing patent infringement on specific AI algorithms, as well as the strategic advantages of including additional patent claims that target ancillary features of an AI system. In this segment, we will analyze the claims made in the IBM v. Zillow case and present some tips for drafting AI-related claims from the perspective of patent infringement.
Breaking Boundaries: Unleashing the Power of Flexibility In Law Firms for Recruitment, Retention, Diversity and Client Expansion
November 01, 2023
Embracing flexibility can provide law firms with a range of competitive advantages, from attracting and retaining top talent to fostering diversity and expanding their client bases. This article delves into the numerous benefits of flexible law practices and explore how those practices could contribute to the growth and success of modern law firms.
When Does Zero Equal More? The Add-In Budget
November 01, 2023
This article is about putting more money into the distributable income line on your monthly financial report; how to rethink and profit from your annual budget-planning cycle, which should be underway now and not postponed for January after the "year-end" collection silly season.
Grappling With Post-Term Commissions In Personal Management Contracts
November 01, 2023
A recent judicial decision in a dispute between a management company and r&b artist KEM involved in part whether discussions about extending the term of years between the parties and increasing the manager's commission were binding, even though post-term commissions weren't discussed.
NYC Local Law 18 On Short-Term Rentals Takes Effect
November 01, 2023
New York City's Short-Term Rental Registration Law (Local Law 18), which directly impacts the ability of an individual unit owner to rent his or her apartment on a short-term basis, took effect on Sept. 5, 2023.
Web of Rights In Digital Sports Memorabilia
November 01, 2023
Here's a look at the jungle of rights, including insights from a top racetrack executive on the use of NFTs. We also lay out some practical tips for athletes, agents and attorneys on how to navigate the digital sports memorabilia landscape, including in contract negotiations and disputes.
Unleashing the Power of Flexibility In Law Firms for Recruitment, Retention, Diversity and Client Expansion
November 01, 2023
Embracing flexibility can provide law firms with a range of competitive advantages, from attracting and retaining top talent to fostering diversity and expanding their client bases.

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    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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