A Leap of Faith
August 28, 2008
Interviews with senior associates and individuals in their first or second year of partnership (particularly equity partnership) reveal that they frequently face a number of surprises ' even shocks ' when they enter their new, long-desired status. Here's what to do.
The Impact of New Vehicle Technology
August 27, 2008
Part One of this article discussed the types of vehicle-related accidents to which children fall prey and described some ways technology has developed to avoid such accidents. The conclusion addresses the role of parents and caregivers in vehicle-related accidents and the new type of litigation spawned by new technology.
Be a Software Contract Hero
August 27, 2008
From the attorney's perspective, the RFP is a tool for collecting the information that becomes the heart and soul of the final contract and serves as a basis for the vendor's liability. This article spells out a "best-practices" RFP process, step by step.
LLC Interests May Constitute 'Securities'
August 27, 2008
Recently, the Second Circuit Court of Appeals, in affirming convictions for securities fraud and conspiracy to commit securities and mail fraud, ruled in <i>U.S. v. Leonard</i>, that interests in various limited liability companies ("LLCs") onstituted "securities" for purposes of the federal securities laws. The Leonard analysis is instructive of the process that a court will follow in considering the status of non-traditional securities, such as LLC interests, under the federal securities laws.
Reasonable Compensation for Law Firms and Attorneys
August 27, 2008
This article is intended to provide some fundamental guidance for attorneys and law firms whenever employee-owner compensation is at issue. In many instances, this focus will relate to ownership decisions regarding the overall allocation and character of enterprise profits, but the same concepts and analytical framework can be of benefit in the assessment of reasonable compensation for other purposes, such as the valuation of a non-compete agreement and in the segregation and measurement of personal/professional versus enterprise goodwill for dissolution of marriage purposes in jurisdictions where this aspect is in play.
IRS Regulations For Song Sales Tax Treatment
August 27, 2008
The Internal Revenue Service (IRS) has issued proposed and temporary regulations specifying the time and manner for electing to treat the sale or exchange of "self-created" musical compositions or copyrights as the sale or the exchange of a capital asset resulting in a potential capital gain.
Resolving the Enigma of Law Firm Leadership
August 27, 2008
When a firm finds itself in the midst of a management crisis, the place to begin to search for the source of the problem is at the top of the management hierarchy. This may not be a popular notion or an easy task. The purpose is not to find fault. The point is that an organization does not simply evolve. It must be built in an orderly manner. The values that are important to a firm have to be defined and centrally organized. The responsibility for these goals must be keyed to an organizational factor, whether this is a committee or an individual.
Financial & Practice Management Upgrades: Squire, Sanders & Dempsey Up Close
August 26, 2008
Since firm attorneys are placed strategically in key global markets, and support staff and firm leaders are spread out among the global office network, it has always been paramount to have not only reliable, but also current, technology to keep everyone connected, ensure seamless business operations and enable firm attorneys to focus on their clients.
