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Competitive Intelligence: A Must Have
In today's evolving technological legal market, it is not enough for a law firm to perform tactically, using best practices. Competitive marketing for same client market share necessitates strategic planning. And strategic planning, in turn, mandates Competitive Intelligence (CI) initiatives tag teamed with information analysis.
What is CI?
Although, long-range growth plans are still a requisite component of law firm longevity, cognition of the market place is vital for securing prime client matters be they litigious or transactional in nature. Raw data alone is not sufficient for predetermining client and industry needs. Sophisticated business information, digested and analyzed becomes Competitive Intelligence that enables law firms to map key client's legal needs as well as identify cross-selling opportunities. Competitive Intelligence therefore is the process of gathering data and turning data into information and then into knowledge. This knowledge defines customer needs, customer decision-making processes, the competition, conditions in the industry, and general economic, technological and cultural trends. CI is a group effort exemplified by moving from reactive to proactive, intuitive to the more consistent structural, and going from the next move to multiple moves. Competitive Intelligence enables sustainable competitive advantage.
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
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
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?