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Career Paths for Law Firm Accounting-Financial Professionals
In part one of this two-part series [see the June 2005 A&FP edition], we discussed the pathways available for law firm administrative staff with finance and accounting competence to evolve into consulting roles within the legal services industry. Part two focuses on avenues available for individuals with strong skills in these functional areas to advance within their own or other firms.
Administrators often move to the legal field from an accounting or human resources background; typically they are hired to address a firm's defined needs within those functional areas. Some administrators advance within their specialty, but a few advance to a generalist role as the firm's senior legal administrator or day-to-day business affairs manager. In moving to a generalist role, individuals from the financial reporting side of the house have a distinct advantage: they already comprehend the firm's critical financial affairs, often more deeply than many of the attorneys within the ownership ranks.
Numerous component skills will contribute to your advancement, but many of them share a common theme: helping lawyers work “smarter, not harder.”
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Major Differences In UK, U.S. Copyright Laws
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.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
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Legal Possession: What Does It Mean?
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The Anti-Assignment Override Provisions
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?