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Undercutting the Cost of Underperforming Attorneys Is Your Responsibility
As a firm leader it is your fiscal responsibility to address underperforming attorneys. Altman Weil reports in their Law Firms in Transition Survey 2019 that 84.2% of firm leaders say they have "chronically underperforming lawyers." With COVID-19 are your underperformers flying under the radar? The cost to a firm is not only to the bottom line, but to your reputation as a leader.
It became apparent to me, while doing 10 years of exit interviews that partners in their 15th to 20th year of practice leave because of underperformers. These partners felt stifled. They questioned their ability to move into better client relationships or leadership roles. Associates see and hear these grumblings and wonder how this will affect their future career.
The first step in addressing an underperforming attorney is to look inward to determine if your firm has written expectations so the attorneys know the standards to which they are being measured. It is hard to hold an attorney accountable to an intangible idea of success.
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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.
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.
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.
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?
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.