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Remember those kids in high school who blew the bell curve ' the overachievers? Those were the ones who asked for extra credit projects even when the rest of us were up to our eyebrows in the standard work requirements. Well, they still exist in the professional world, and they know how to succeed far beyond what's expected or required of them. And not surprisingly, some of them grew up to be high-powered associates at law firms!
Typically, associates are not required to develop their own books of business as part of their job descriptions. In fact, usually they are kept so busy billing hours that business development may seem like a virtual impossibility for them. Marketing is also an intimidating area for many. Law schools generally don't teach self-promotion, so how are associates supposed to know how to do it?
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Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
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With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.