Does a Broker's Tail Ever Stop Wagging?
May 02, 2015
A "tail period" is a standard clause in a listing agreement that requires the broker to register certain parties or transactions and a period of time during which the broker shall be protected and recognized as the broker for the transaction, entitled to be paid its commission pursuant to the listing agreement.
ICANN Betting on '.law' Domain
May 02, 2015
Coming this summer, there will be a new way for law firms and lawyers to distinguish themselves on the Internet: a ".law" top-level website domain.
Is It Time to Rebuild the U.S. Franchise Regulatory System?
May 02, 2015
If you took a snapshot of all the laws and regulations governing franchising in the United States in 1979, and then took another snapshot of all the laws and regulations governing franchising today, you would find them very similar. While the rest of the world, including franchising, has been dynamic and constantly changing, franchise regulation has been, essentially, static.
<i>Professional Development:</i> Leading Succession
May 02, 2015
The majority of law firms faced with generational change do not survive into the next generation after the founders retire. This risk of decline or dissolution can be greatly mitigated if your firm plans ahead of time for succession.
Legal Issues in Fantasy Sports
May 02, 2015
Fantasy sports once represented a seasonal hobby among friends and coworkers. However, it has now undeniably blossomed into a force in both the American culture and, more important, the U.S. economy. The explosion of fantasy sports can be directly traced to the favored status bestowed upon fantasy sports contests by federal anti-gaming laws ' specifically the Unlawful Internet Gambling Enforcement Act (UIEGA).
A Court Again Quashes 'Doctrinal Novelty' By Prosecutors
May 02, 2015
We've been down this road before: Congress enacts broad anti-fraud provisions and "creative" prosecutors invent crimes until told to stop. The effort to limit prosecution to clear misconduct continued last month when the Supreme Court held that the anti-shredding provision of the Sarbanes-Oxley Act does not criminalize the throwing of fish overboard.
Transitioning Associates from Worker Bees to Rainmakers
May 02, 2015
There comes a day when the partners of your law firm will tell their associates that they need to build their own clientele. If you are the associate, this is a chilling moment. And if you are a marketing professional, here is how you can help.
Different Faces of Follow Up
April 06, 2015
Though follow up can take many different approaches, the overall non-negotiable component involves any action step which provokes the other party (existing client, prospect, etc.) to want to continue contact with you.