Transfer Tax Implications on Real Property Leases
January 28, 2014
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.
A Tale of Two Asset Sales
January 28, 2014
An example in which a Chapter 7 trustee, in separating the measure of "highest price" from "best outcome," unlocked significant value for all stakeholders.
Is Your Firm GPS-Less?
January 07, 2014
To avoid random acts of marketing and senseless spending, law firms, large and small, should develop and implement a solid marketing plan and budget as essential business planning tools -- a map to assure they arrive at their desired destination of profitable clients and a healthy practice.
Is Your Firm GPS-Less?
January 07, 2014
To avoid random acts of marketing and senseless spending, law firms, large and small, should develop and implement a solid marketing plan and budget as essential business planning tools -- a map to assure they arrive at their desired destination of profitable clients and a healthy practice.
Slow Growth on Tap for 2014
December 31, 2013
Just over five years after the start of the global financial crisis, the job of an Am Law 200 law firm leader arguably remains as tough as it has ever been. The painful decisions to cut staff and attorneys may now be a distant memory, at least for most firms, but there remain two distinct drags on Big Law businesses.
How Legal Services Can Maintain Profitability in a Shifting Landscape
December 31, 2013
Since the 2008 economic downturn, the U.S. legal market has undergone a permanent restructuring. With huge firms collapsing due to crippling debt, we see that legal services firms are no longer untouchable. The legal environment has become increasingly challenging as competition has increased, demand for legal services has remained flat, and firms are being forced to adopt more efficient, cost-effective and strategic business models.
