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Family Practice in the Current Economy
Matrimonial lawyers in New York say there is no shortage of legal work in this tough economic climate, as clients with strained finances seek support modifications, settlements and, for some, divorce. The problem, they say, is getting paid. “It depends upon the financial wherewithal of the client, but people are much more conscious about legal fees,” said Allan D. Mantel, a partner in the matrimonial practice at Manhattan's Stein Riso Mantel. “Payments are slower than they have been across the board.”
Being up front about what legal services will cost is the best approach to collecting fees at the end of a case, attorneys said. Rochester solo practitioner June Castellano said that while she has always discussed costs with her clients “frankly and openly,” it is “imperative” to do so now. “I develop case strategy with my clients and find that we are weighing cost implications against likelihood of success more than ever before,” Ms. Castellano said.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
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?
Bankruptcy Sales: Finding a Diamond In the Rough
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 Corporate Enforcement Policy: One Year Later
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.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Protecting Innovation in the Cyber World from Patent Trolls
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.