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Most law firms now proudly proclaim that they have implemented efficient and secure document management systems, systems in which they have invested significant dollars and even more in “sweat equity.” The end goal of these systems is to ensure that all documents are stored securely, and perhaps more importantly, can be found quickly and easily.
Lawyers are well educated in the 'Google-like' search philosophy where all you have to do is type words or phrases into a Document Management System (DMS) search engine, and documents containing these words on the page or recorded in the metadata (client name, matter number, and so on), will be found. The reality, however, often comes as a shock to lawyers and to IT staff that this is often not the case.
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.