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Only 30% of Workday Is Spent on Billable Hours, Report Says
U.S. lawyers are still spending too little of their workday on billable hours, a year after an eye-opening report found lawyers devoted only 29% — 2.3 hours — of each eight-hour workday to billable hours.
Bit Parts
<i>Friday the 13th</i> Screenplay Author's Copyright Termination Notice Found Valid<br>Infringement Suit over Justin Timberlake's “Damn Girl” Allowed to Proceed
Meritas' New Cybersecurity Standard Requirement Assures Legal Clients
Meritas, a nonprofit association of law firms, now requires its law firm members to follow a new cybersecurity standard. The reason for this new standard? Law firms' clients.
Valuation Implications of the Tax Cuts and Jobs Act of 2017
This article focuses on the impact of tax reform on C corporations and looks at the significant and complex changes to pass through entities.
Second Circuit Rejects Use of Involuntary Bankruptcy Petition As Collection Tool
A bankruptcy court properly dismissed a creditor's involuntary bankruptcy petition “for cause” when it “would serve none of the Bankruptcy Code's goals or purposes … and [when] the sole [petitioning] creditor is not substantially prejudiced by remedies available under state law,” held the U.S. Court of Appeals for the Second Circuit in </i>In re Murray.</i>
Upcoming Events
TexasBarCLE 28th Annual Entertainment Law Institute<br>Annual Entertainment, Sports &amp; Media Law Institute
Which Financial Representations Will Justify a Discharge Objection after Lamar, Archer?
The Supreme Court's decision in <i>Lamar, Archer &amp; Cofrin, LLP v. Appling</i> has significantly constricted the range and nature of statements that will support a successful objection by a creditor to the discharge of a debt that was obtained by the statements in question. This constriction could have a very real impact on how entities that loan money or provide services on credit review and collect information regarding a borrower's creditworthiness.
IP News
Obviousness Determination Can Be Different for Apparatus and Method Claims<br>Petitioner “Bears the Burden” On Demonstrating Real Parties in Interest
Business Crimes Hotline
Petrobras Pays $853.2 Million to U.S. and Brazil Authorities to Settle FCPA Charges
Law Firms Are More Profitable Than Ever. How are They Doing It?
<b><i>Given the Obstacles Law Firms Are Facing, Profitability Shouldn't Be Increasing</b></i><p>Rising competition from alternative service providers and the ever-forward march of technology adoption should be having a similar, negative, effect on profitability. This raises an obvious question — how are law firms doing it?

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    This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
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