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Lawyers and Accountants: Collaborators and Competitors
A recent speech to a global network of lawyers and accountants highlighted the curious relationship they share. Lawyers and accountants are simultaneously collaborators and competitors. The paradox is reconciled by separating the professional and business/organizational elements of their dynamic.
Lawyers and accountants share several common challenges and often collaborate. At the same time, law and accounting firms — as well as other professional service organizations, alternative legal service providers (ALSPs), consultancies, and technology companies — compete for market share in a rapidly converging, multidisciplinary professional services marketplace. Disaggregation of legal and accounting functions now cuts across the professions. What matters is what services consumers want to purchase, from what provider, and at what price. Consumers are reshaping once clear boundaries separating law and accounting.
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Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Strategy vs. Tactics: Two Sides of a Difficult Coin
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.
The Article 8 Opt In
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.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?