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US TENNIS OPEN UPSETS ARE A LESSON IN LAWYER BUSINESS DEVELOPMENTBecause it is the fourth and final stop on the Grand Slam tennis tour, the US Open is one of the nation's most watched tournaments. It also tends to be dominated by the best of the game. This year, however, many of the top seeds were upset. Sharapova, V. Williams, Roddick, Federrer were al knocked out of contention for the top prize.But these types of upsets don't just take place on the courts at Flushing Meadows – they also take place in the boardroom. More and more “name” law firms are losing business to small and mid-sized law firms that are coming on stronger and more aggressively with their marketing messages.As big business looks to cut costs, high-priced law firms don't seem as necessary. Businesses aren't looking to cover a large firm's overhead costs; instead, they are looking for high-quality legal services, and attorneys who are quick to respond to their needs and who are accessible to them.The more small and mid-sized firms recognize this oportunity – and hone their business development skills to better take advantage of it – the more successful they will be. With legal sales training, a strong marketing message and the drive to grow, smaller firms will be the ones staging an upset.
US TENNIS OPEN UPSETS ARE A LESSON IN LAWYER BUSINESS DEVELOPMENTBecause it is the fourth and final stop on the Grand Slam tennis tour, the US Open is one of the nation's most watched tournaments. It also tends to be dominated by the best of the game. This year, however, many of the top seeds were upset. Sharapova, V. Williams, Roddick, Federrer were al knocked out of contention for the top prize.But these types of upsets don't just take place on the courts at Flushing Meadows – they also take place in the boardroom. More and more “name” law firms are losing business to small and mid-sized law firms that are coming on stronger and more aggressively with their marketing messages.As big business looks to cut costs, high-priced law firms don't seem as necessary. Businesses aren't looking to cover a large firm's overhead costs; instead, they are looking for high-quality legal services, and attorneys who are quick to respond to their needs and who are accessible to them.The more small and mid-sized firms recognize this oportunity – and hone their business development skills to better take advantage of it – the more successful they will be. With legal sales training, a strong marketing message and the drive to grow, smaller firms will be the ones staging an upset.
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.
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
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.
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.