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Sustaining the Ethical Law Firm
Ethics have been and will be an integral part of law firm and corporate governance. The leadership sets the tone from the top down, basing it on the firm's culture and values. This article discusses the key issues in establishing and maintaining a culture of ethical behavior through governance, leadership, and strategic direction.
What Is Governance?
Governance is a reflection of strategic direction, vision, and purpose of a firm. It sets the tone for leadership with transparency and accountability. Transparency requires information, and that information must be able to measure leading and lagging indicators of performance. A McKinsey Quarterly Report dated April 2005 on transforming company values reported leadership development jumped from nothing to 34% of the respondents, corporate growth went from 29% to 31%, and empire building and bureaucracy dropped off the list after sessions on culture and value based on ethical behavior. A constructive and collaborative culture is critical to a law firm's success.
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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
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?