As merger and acquisition activity slowly starts to increase, attorneys representing corporate entities in such transactions face increased risk.
The noise on the roof was thunderous. Did a tree just fall? Had the landlord decided that today of all days was a good time to fix the leak? With a will contest over a sizable estate coming up next week in probate court, Jim didn't need noise.
Juror bias is an issue in every trial, civil and criminal alike. Invariably, some jurors arrive in court holding opinions about the parties or the issues in the case.
As year-end approaches in a sluggish economy, law firms are beginning to focus more on how to manage and collect receivables.
The media regularly carries stories of the struggles faced by those trying to save for a secure retirement. Employers are rapidly shifting away from defined benefit plans, in which employees were assured a certain level of retirement benefits based on years of service, in favor of defined contribution plans, such as 401(k) plans, in which an employee's retirement income will be derived from the accumulated contributions made to their account.
As 2014 quickly approaches, employers have begun to focus on the employer healthcare mandate under the Affordable Care Act (ACA) known as the "pay-or-play" rules. Employers of all sizes are analyzing how the pay or play rules potentially affect them, the monetary cost of compliance and alternatives that might be available to minimize any negative impact on their businesses.
In William Gibson's dystopian novel, "Neuromancer," the barrier between real and virtual life disappears. Ghosts exist as digital constructs of their former flesh-and-blood selves, flitting to and fro in the limbo of cyberspace. While the reality of Gibson's vision might never be realized in full, in a sense our digital lives continue past our nondigital deaths. Failing to plan for how digital assets will be managed once we're gone already is causing grief for loved ones who find they are unable to access the various accounts of the deceased.
The trend is clear: law firm mergers are on the rise. But mergers are not for everyone. On the pro side, mergers can offer firms a variety of benefits, including rapid growth, higher gross revenue, larger footprints nationally and internationally, diversified practice areas, stronger marketing position, and the ability to address client demands and expectations.
How do litigating parties pick a mediator? Everyone has ideas about mediation strategy, but how does the selection of a mediator affect the outcome of the negotiations? The answer may surprise you.
In the legal industry, demand for high-performing attorneys rarely ebbs and flows substantially with the legal job market. If anything, contracting margins across the industry means highly profitable attorneys are more valuable than ever. If a firm has an especially skilled and successful attorney in a sought-after practice area, it can assume he or she is regularly courted by rival firms.