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7 Keys to Managing Tech and Service Company Partnerships
Partnerships play a key role in today's legal marketplace. Typically, one supplier partners with a law firm and/or corporate legal department to provide products and services as an extension of the legal team. However, as the legal industry continues to evolve, focused service offerings are expanding through startups, and new technology advancements are driving creative and unique business approaches to address client needs. With the increasing depth and breadth of services, it becomes more difficult for a single supplier to provide everything under one roof.
Many niche technology and service companies now join forces to offer services that one company may not be able to accomplish successfully. These best-in-class partnered solutions, coupled with a consistent project management approach, can be a strong option for a legal team.
In fact, if designed, presented and managed well for clients, this cohesive approach can provide a better and more cost-effective solution than working with one company that may not have the same range of resources. Although there are challenges to selecting the right partner, addressing client perception that a partnership may be too hard to manage and working through how contracting with the client will work, a thorough partnership plan can address these items — and more. If you have a good client relationship, they will be open to moving forward with this type of a cooperative business arrangement, and involving the legal team can help identify a partner they may have worked with in the past as a good starting point.
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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.
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.
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?