Powering Your Way Out of the Recession
The vision of this article is to provide a model that may be used in discussing how a firm can power into the next few years. It uses a watershed analogy to demonstrate drivers for higher margins and the skills required to maximize each stream of effort running toward the earnings "lake."
How Veoh Networks Battled Universal over File-Sharing
The nation's major record labels have never been shy about enforcing their copyrights in court. And over the last decade, music industry lawsuits targeting individual consumers accused of illegal file sharing stirred controversy and criticism in certain quarters. At the same time, efforts by these copyright holders to wring hefty settlements out of Silicon Valley tech start-ups via litigation ' or, in some cases, to snuff them out altogether ' has gotten less attention.
The Virtual Company
Entrepreneurs have always chafed against the formalities and procedures demanded of them by their attorneys and, more generally, by business laws. Who hasn't had to keep reminding clients of the importance of signing and returning annual minutes ' again and again and again? This is even more so for the tech sector, and e-commerce founders. After all, they created an industry by thinking outside the proverbial "box," so why should their creativity be constrained by legal rules created for the age of the steam engine?
Communicating Firm Finances to the Partnership
Most financial misunderstandings can be avoided if firm management were to use some fairly straightforward communication techniques with their general partnership. This article compiles a few considerations for a law firm's head-of-finance.
Does Rule 2019 Apply to Ad Hoc or Informal Committees?
The debate over whether ad hoc or informal committees or groups of creditors or interest holders ("ad hoc committees") must comply with Bankruptcy Rule 2019 recently intensified due to a split among several Bankruptcy Court decisions.
Trusts and Divorce
The first part of this article addressed the Traditional Heir's Trust and Basic Insurance Trust. The conclusion herein discusses the Generation Skipping Trust (GST) Trust, Grantor Trust and Beneficiary Defective Trust.
News Briefs
Highlights of the latest franchising news from around the country.
Attributes of Successful Managing Partners
Hardly a week passes without receiving information about a new publication or seminar about law office management. However, information is not readily available about what specifically managing partners and members of management committees should do to coalesce their partners, associates and staff into a well-managed and informed organization.
