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The RED ZONE - Selecting Outside Counsel
According to a recent BTI survey conducted in 2006, 61.1% of corporate clients had fired at least one of their primary law firms in the previus 18 months. This represents almost a 10% increase over the previous year. One of the majr reasons for this volume of action is that your long-term clients may no longer be in decisionmaking positions. Buyers of legal services form attitudes often unsuspected by law firms that are based on internal pressures:* GC's positions have become more tenuous;* Shareholdure pressures on corporate value have increased;* New product or service development costs have grown;* Boards of Directors' expectations of in-house counsel and their roles in “preventive law” present even greater challenges;* SOX has created liability for GC's that many do not want to bear, or simply can not bear; and* CEO's are breathing down their necks.So when you are preparing to enter pitch or proposal meetings, or just staying in touch with your clients, find out “what keeps 'em up at night.” Ignorance is not bliss – so ask.
According to a recent BTI survey conducted in 2006, 61.1% of corporate clients had fired at least one of their primary law firms in the previus 18 months. This represents almost a 10% increase over the previous year. One of the majr reasons for this volume of action is that your long-term clients may no longer be in decisionmaking positions. Buyers of legal services form attitudes often unsuspected by law firms that are based on internal pressures:* GC's positions have become more tenuous;* Shareholdure pressures on corporate value have increased;* New product or service development costs have grown;* Boards of Directors' expectations of in-house counsel and their roles in “preventive law” present even greater challenges;* SOX has created liability for GC's that many do not want to bear, or simply can not bear; and* CEO's are breathing down their necks.So when you are preparing to enter pitch or proposal meetings, or just staying in touch with your clients, find out “what keeps 'em up at night.” Ignorance is not bliss – so ask.
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?