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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.
Advising a settlement may be the only fiscally sensible option for both the lawyer and the client. “My collection rates are much higher on those cases that I can settle quickly,” said John DiMascio Jr, who practices with his father in Garden City. The longer the case goes on, the greater the chance that there will be bills outstanding, he added.
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models
Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.
Hyperlinked Documents: The Latest e-Discovery Challenge
As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.
Identifying Your Practice's Differentiator
How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.
Risks and Ad Fraud Protection In Digital Advertising
The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.
Turning Business Development Plans Into Reality
This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.