Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
How Nonlawyer Ownership Abroad May Affect U.S. Firms
This commentary provides some preliminary thoughts on how equity investments in non-U.S. law firms may change how U.S. law firms do business.
Impact on U.S. Market Generally
U.S. firms are being shortsighted if they assume that there will be no competitive impact in the United States just because equity investments as such are still contrary to (what some will argue are anticompetitive) U.S. bar regulations. Certainly those U.S. firms competing for international work inside the United States or those U.S. firms already operating or contemplating operating in international markets should seek to understand now how they will compete against firms that are ' pursuant to their jurisdiction's bar rules ' able to obtain external equity financing. For example, how will an AmLaw 50 firm compete in London, Europe, or Asia with a UK firm that has access to a significant war chest to hire talent and acquire local firms that provide expertise in focus areas? Or, an example that may be closer to home: Until now, UK firms (with a few exceptions at the top end of the market) have been too mismatched financially to enter the U.S. market on a large scale; this may change as UK firms gain access to outside capital, enabling UK firms to compete with U.S. firms in their own market, and this outlook will magnify if the current trend away from U.S. capital markets
continues.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
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.
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.
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.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?