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Lifestyle Analysis
Last month, we discussed the fact that a lifestyle analysis provides a great deal of useful information to clients and their counsel, the court or other users, and also serves well as a stepping stone to the development of a realistic personal living expense budget for post-divorce years. We provided an in-depth look at planning. We conclude herein by addressing: 1) data gathering; 2) processing; 3) analysis; 4) adjustment; and 5) reporting phases of a lifestyle analysis job.
Data Gathering
Data gathering, although boring, is a condition precedent to the development of a properly documented lifestyle analysis engagement. An early, if not first step of the data-gathering process, should be a client interview to determine those accounts from which the majority of living expenses were paid by each of the spouses, as well as those accounts from which no living expenses were paid, such as investment or brokerage accounts with no check-writing privileges, or business accounts that are being considered separately as part of a business valuation or other professional service. Account statements, checkbook/account registers, copies of deposit slips and deposited items, and copies of cancelled checks, receipts and invoices (to the extent available) should be gathered for each of these accounts and/or requested from banks or other financial institutions, which cover the entire period of the decided-upon analysis.
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.