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My client won't pay for that!”
How many times have you heard that comment from an attorney or paralegal in the last two years? At a typical law firm, it is happening quite often ' and it is only going to get worse. Clients, and the audit firms they employ, are attacking the charging of soft costs as never before. This is having a direct effect on attorneys and paralegals who are trying to keep their clients happy (and their hourly fees intact) by increasingly writing off the charges they think will anger the clients. These actions may be well-intended, but they are having a negative impact on the bottom line of the firm.
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.
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.
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.