Step into Power: Lead with Aplomb
For a firm to be successful, its leaders must create the circumstances for "1,000 flowers to bloom." As corny as this may sound, that is what great law-firm leaders do.
Lawyers Can Innovate with Design Thinking
In a legal setting, Design Thinking can be used by the lawyer to match his or her client's needs to what is legally and practically achievable in order to create a successful business or problem-solving strategy.
Top 10 Equipment Acquisition Trends for 2017
Compiled through industry research, industry participants' expertise and ELFA member input, the trends are designed to help businesses and other organizations as they execute their equipment acquisition strategies during the coming year.
The Evolution of the 'Virtual Law Firm'
<b><i>Though 'Virtual Firms' Are on the Decline, Cloud Technology May Be Shifting the Model to Refocus on Lawyer Mobility</b></i><br>The rise of cloud computing in particular has made it possible for attorneys to keep all the technology tools they need to practice on hand at all times, and eschew direct client contact and office space if so desired.
Is Your Data Breach Response Plan Good Enough? Stress Test It!
As the chances of a data breach incident increase, savvy firms and businesses have invested time and thought in a response plan. But plans never survive first contact with the enemy. Stress test your incident response plan to find and resolve its weaknesses while time is on your side.
Recent Developments in the Section 956 Deemed Dividend Rules<br></font>
<i><b>How to Avoid the Tax Pitfalls of 26 U.S.C. §956 when Negotiating Lending Transactions for Clients with Foreign Country Operations</i></b><p>A popular conduit for operating in a foreign country is a controlled foreign corporation (CFC). In 2012, U.S.-controlled foreign corporation earnings topped $793 billion as the world economy became increasingly interconnected. See, IRS, Statistics of Income. How does the aforementioned trend impact the legal profession?
Cybersecurity Public Private Partnerships: Challenges and Opportunities
Close cooperation between the public and private sector is crucial, given the enormous risks associated with the continued acceleration of global connectedness. Upon closer inspection, however, significant cultural and legal barriers exist that can hinder further cooperation necessary to effectively combat the cyber theat.
