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Big Law Heads Home Image

Big Law Heads Home

Meghan Tribe

<b><i>Will It Work for Your Firm?</b></i><p>Flexible working arrangements support greater productivity and employee engagement while enhancing millennials' personal well-being, health and happiness, according to a survey by Deloitte. And what do employers get for giving millennials this flexibility? Loyalty.

Features

Is Your Firm's Partner Comp Spread Too Narrow? Image

Is Your Firm's Partner Comp Spread Too Narrow?

Hugh A. Simons

It is fast becoming an imperative for elite firms to widen the range of their partner compensation. Too narrow a range allows competitors with wider ranges to lure away the most commercially successful partners.

Features

Proposed Partnership Regulations Create Estate and Charitable Tax Planning Opportunity Image

Proposed Partnership Regulations Create Estate and Charitable Tax Planning Opportunity

Lawrence L. Bell

The New Year and the New Administration has areas of taxation estate planning and philanthropy on the front burner. No one is sure what will be happening with the minority discounts regulations in turmoil and proposed guidance of the modification of charities partnership interest and unrelated business taxable income (UBTI). By integrating a number of tried and tested tools, we may create a platform for substantial savings.

Features

Using Gamification to Drive Business Development Performance Image

Using Gamification to Drive Business Development Performance

David Freeman

How to use gamification for business development.

Features

The Possible Consequences of Pursuing Outstanding Legal Fees Image

The Possible Consequences of Pursuing Outstanding Legal Fees

Sue C. Jacobs

The attorney-client relationship is not one that always ends well. The client is able to discharge the attorney at any time, but outstanding legal fees must be addressed.

Features

Step into Power: Lead with Aplomb Image

Step into Power: Lead with Aplomb

Anne Collier

For a firm to be successful, its leaders must create the circumstances for "1,000 flowers to bloom." As corny as this may sound, that is what great law-firm leaders do.

Features

Lawyers Can Innovate with Design Thinking Image

Lawyers Can Innovate with Design Thinking

Robert Cullen

In a legal setting, Design Thinking can be used by the lawyer to match his or her client's needs to what is legally and practically achievable in order to create a successful business or problem-solving strategy.

Features

Third-Party Money Launderers<br><i><font size="-1">The FBI Takes a Second Look</i></font> Image

Third-Party Money Launderers<br><i><font size="-1">The FBI Takes a Second Look</i></font>

Justin du Rivage

Each year, the U.S. government secures more than 1,200 money-laundering convictions. Now, the Federal Bureau of Investigation (FBI), at least, is setting its sights with renewed vigor on those who help criminal organizations and terrorists conceal billions in illicit funds.

Features

Employment Law Issues in PA's Medical Marijuana Act Image

Employment Law Issues in PA's Medical Marijuana Act

John A. McCreary Jr.

The Medical Marijuana Act (MMA) puts Pennsylvania among the growing number of states permitting the use of marijuana for prescribed medicinal purposes. The MMA, like all state laws purporting to "legalize" marijuana use, squarely conflicts with federal law, which still considers marijuana to be a Schedule 1 substance under the Controlled Substances Act, with no legitimate medical uses.

Features

Data Breaches by Employees<br><b><i><font="-1">How to Keep Your Company Out of the Headlines</b></i></font> Image

Data Breaches by Employees<br><b><i><font="-1">How to Keep Your Company Out of the Headlines</b></i></font>

Sam Chi

The more we understand about how data breach incidents originate and propagate, the more likely we are to shift focus from outsider hackers to insider (employee) threats. Insider threats can be malicious, but often they are accidental.

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MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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