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To Have or Not to Have Partner Reviews: A Reflection of Firm Culture
Firms are conducting their mid-year associate reviews around this time. What about partners? Typically, partner feedback is given by means of their new annual compensation. If your firm is not doing partner reviews now is the time to start. As firms are looking for ways to increase retention and survive the great resignation conducting partner reviews might hold the key. Doing reviews makes a statement about your firm's culture.
Firms that conduct annual partner reviews often rely on a self-report from the partner and an analysis of the partner's statistics (hours, origination, etc.). This quantitative data will not help combat the outflow of associates. What firms need are qualitative reviews that discuss and reveal the impact of partners' behaviors. This reveals the firm's culture.
Upward vs. 360-Degree Surveys
There is a distinction between upward reviews and 360-degree feedback surveys, although sometimes the two terms are used interchangeably. An upward review is when employees, attorneys, and other team members evaluate the individual or manager who assigns and oversees their work product. The questions are typically around delegation, feedback, and management skills. This allows the subordinates to anonymously share feedback about behaviors that impacts their work and professional development.
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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.
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.
'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
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.