Ethical Issues of the 21st Century
October 30, 2008
In Part One of this article, the authors covered ethical issues relating to e-mail. In Part Two below, they discuss ethical issues related to e-discovery and social networking and blogs.
Leadership Development Programs
October 30, 2008
Leadership competencies are critical for lawyers on many fronts. While leadership is not taught in law school, many firms have begun to implement formal leadership development programs. Here's how to do it.
Should Your Partnership Agreement Require Mandatory, Binding Arbitration?
October 30, 2008
Many partner disputes are resolved informally through discussions with firm management. However, many firms do not have a formal internal grievance procedure for partnership-related matters. What happens when the dispute cannot be amicably resolved? Is litigation the sole solution?
A Discussion on Partner Capital
October 29, 2008
In a July issue of The National Law Journal, there was a lead article titled, "Firms Ask Partners to Pony Up." That article sparked questions from clients of our firm, Altman Weil, Inc., regarding law firm capital structures. This article pulls together a number of the issues we have been dealing with recently.
Law Firms 'Building a Case' for Automated e-Procurement Solutions
October 29, 2008
Procure-to-Pay automation technology has finally come of age as a user-friendly, flexible, and cost-effective strategic business solution. It is a solution that can ease pressures from the law firm partnership by decreasing the cost of doing business.
IRS SILO Settlement Initiative
October 28, 2008
On Aug. 6, 2008, the IRS announced settlement initiatives for more than 45 large corporate taxpayers that engaged in Lease-In/Lease-Out ("LILO") or Sale-In/Lease-Out ("SILO") transactions, which were designated as listed transactions in 2000 and 2005 respectively.
Profits Per Me (PPM)
September 29, 2008
Lateral partner candidates need to look beyond PPP and focus on what the authors call PPM ' "profits per me." Averages are great, but how much of the law firm's profits can one fairly expect to get?
The New York City Family Court Legal Services Project
September 29, 2008
Since Fall 2006, over 1,200 low-income families have been helped by an innovative pro bono project run by the New York City Family Court. The project is administering a much-needed jolt to a system overwhelmed by unrepresented litigants and a lack of resources.