Compensation Plans: Director-Specific Limits
July 02, 2017
A recent decision by the Delaware Court of Chancery serves as a reminder that boards of directors of Delaware corporations should consider amending their companies' director compensation plans to include specific limits on the amount of compensation that a director may be awarded in a given year, and obtaining stockholder approval of such compensation plans.
Forensic Accounting: When Do You Need It?
July 02, 2017
Most matrimonial attorneys have heard a client, typically the "out-spouse" in a marriage with a business interest, say, "The books are cooked," or "Personal expenses are being paid by the business," or "The accounting records are fiction." Failing to probe these issues may cost your client a lot of money when the asset division takes place, and may leave him or her dissatisfied with your representation.
Do <b><I>Daubert</I></b> Motions Really Work?
July 02, 2017
<b><I>Part Two of a Three-Part Article</I></b><p>Like baseball batters in a lineup, the home run potential of any given <I>Daubert</I> motion varies greatly. Players without a good eye for the fast ball usually do not make it to the big leagues; lawyers without the skill set to deconstruct and demonstrate the methodological flaws in a disclosure of opinion testimony may get to play in the big leagues, but they have terrible batting averages.
The Am Law 100: Dark Clouds on the Horizon
July 02, 2017
While the year-on-year trends look appealing, a longer-term analysis reveals that many key metrics are showing signs of pressure, and firm performance is growing increasingly erratic. The Am Law data reveals that the past year has been good to Big Law but it also shows growing signs of problems on the horizon.
Verdicts
July 02, 2017
A court recently declined to order a new trial in a medical malpractice case in which defense counsel made an erroneous statement concerning the burden of proof, after finding that the plaintiff failed to show prejudice.
What Can We Tell About the Trump Administration's Focus on Compliance?
July 02, 2017
There are a few early signs that the Trump administration will continue to hold companies to the “way of compliance.” But after the first five months of his presidency, there are still questions about where enforcement is heading in specific compliance areas.
NJ's New Child Support Statute
July 02, 2017
<b><I>Considering the Disabled Child</I></b><p>New Jersey's new child support statute, titled Termination of Obligation to Pay Child Support, became effective on Feb. 1. Under this statute, a child support obligation terminates "by operation of law" when the child turns 19, which termination can be extended until the child turns 23 under certain circumstances and using certain procedures. But what about children with special needs?
Supreme Court News
July 02, 2017
'Disparaging' Trademarks Decision<br>High Court Declines Takedown Notice/Fair Use Case
Alternative Legal Services Providers: Changing Buyer Perceptions
July 02, 2017
No longer are law firms the only option for clients with legal work; they now have a wider menu of providers from which to choose. But what are the contours of that Alternative Legal Services (ALS) market? How are these new providers being used by corporate clients and law firms? What's driving that usage? And what does it mean for traditional law firms?
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