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Practice Building Skills: Eight Recession-Busting Tactics
According to the 2008 ACC/Serengeti Managing Outside Counsel Survey, median spending on outside counsel last year fell 9.1% ' to the lowest level in 8 years. A growing amount of work is being kept in-house, and 40%-plus of corporations have fired some of their outside counsel during the prior year. Here's how to thrive.
Media & Communications Corner: Upgrade Your Communications Tools for Free
A host of free Web applications are surprisingly effective in helping law firms from solo practitioners to large firm in-house PR and marketing staff, stay on top of the game. The trick is knowing which tools out there are worth your time. Here are the applications that made our top 24 list.
Career Journal: Real Advice for the Real World
Suggestions can help guide you through a situation you have not previously found yourself in before ' looking for a job in a really bad economy.
Op Ed
Ms. Tursi: "It's time for you to seat your CMOs at the management table ' if they are not there already. It's time for partners to understand that these individuals are not just employees."
March issue in PDF format
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News Briefs
Highlights of the latest franchising news from around the country.
Court Watch
Highlights of the latest franchising cases from around the country.
Preventing Conflicts Between Secured Creditors and Franchisors
A franchisor has rights and remedies that a secured creditor is not granted under the UCC, but the franchisor, by becoming a competing secured creditor, does not necessarily advance its rights and remedies in a default situation. The inter-creditor agreement and remarketing agreement are alternatives to maximize recoveries and reduce conflicts by cooperation, rather than by litigation.
Franchise Companies vs. Hackers: Twenty Questions on Cybercrime
The 21st century is clearly the age of cybercrime, and franchise companies should be especially concerned because, simplistically, there are only two types of computer systems: those that have been hacked, and those that will be hacked.
Business Crimes Hotline
Recent rulings of interest to you and your practice.

MOST POPULAR STORIES

  • The 'Sophisticated Insured' Defense
    A majority of courts consider the <i>contra proferentem</i> doctrine to be a pillar of insurance law. The doctrine requires ambiguous terms in an insurance policy to be construed against the insurer and in favor of coverage for the insured. A prominent rationale behind the doctrine is that insurance policies are usually standard-form contracts drafted entirely by insurers.
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  • Abandoned and Unused Cables: A Hidden Liability Under the 2002 National Electric Code
    In an effort to minimize the release of toxic gasses from cables in the event of fire, the 2002 version of the National Electric Code ("NEC"), promulgated by the National Fire Protection Association, sets forth new guidelines requiring that abandoned cables must be removed from buildings unless they are located in metal raceways or tagged "For Future Use." While the NEC is not, in itself, binding law, most jurisdictions in the United States adopt the NEC by reference in their state or local building and fire codes. Thus, noncompliance with the recent NEC guidelines will likely mean that a building is in violation of a building or fire code. If so, the building owner may also be in breach of agreements with tenants and lenders and may be jeopardizing its fire insurance coverage. Even in jurisdictions where the 2002 NEC has not been adopted, it may be argued that the guidelines represent the standard of reasonable care and could result in tort liability for the landlord if toxic gasses from abandoned cables are emitted in a fire. With these potential liabilities in mind, this article discusses: 1) how to address the abandoned wires and cables currently located within the risers, ceilings and other areas of properties, and 2) additional considerations in the placement and removal of telecommunications cables going forward.
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