Real Property Law
October 01, 2020
Neighbors Who Used Concrete Platform Adjacent to Fence Established Title By Adverse Possession
Lawyer Who Failed to Terminate Contract in Accordance With Seller's Instructions Did Not Commit Legal Malpractice
Developer Strictly Liable for Damages Caused By Excavation
Contract Vendee Who Did Not Seek Mortgage In Its Own Name Failed to Comply with Mortgage Contingency Clause
Redefining Law Firm Financial Management In An Era of Unprecedented Economic Uncertainty
October 01, 2020
The pandemic has forced law firms to reevaluate their expenses, refine their budgets, and review their overall operations to adapt to an environment of perpetual uncertainty. To understand their approach, options, and considerations, LSQ engaged Ari Kaplan Advisors to benchmark a range of metrics and perspectives from leaders at an array of organizations.
Methods for Trademark Valuations
October 01, 2020
Valuations of trademarks, such as those in the entertainment industry, are most commonly performed in relation to a sale or licensing transaction or for lending and collateral purposes.
Why a Mutuality of Services Mindset in Legal Makes for a Better Post-COVID Culture
October 01, 2020
In the legal industry, transitioning to a culture of care poses more of a challenge to law firms than other businesses. In fact, today's business climate has long been calling for reform to the law firm business model of the billable hour and a reassessment of the economic principles of legal partnerships, which actively encourage self-interest and the maximization of personal financial returns. What is needed now is for attorneys to seize the chance to reshape their profession and strengthen their position as leaders of our society.
What's In Store for Bankruptcy Reform In a Biden Presidency
October 01, 2020
Senator Elizabeth Warren has been relentlessly pursuing bankruptcy reform for two decades. And Joe Biden has adopted her comprehensive proposal. The proposals could impact commercial bankruptcy law and reverberate across our financial systems.
Unforeseen Consequences for Bankruptcy Practice In CARES Act
October 01, 2020
This article highlights several of these outcomes and discrepancies of the CARES Act stimulus package, including how accepting crisis funding could lead to a company becoming more distressed, how bankruptcy courts are inconsistently ruling on the ability for Chapter 11 debtors to receive PPP loans and how changes to the Bankruptcy Code altered the rights of equity holders and debtholders.
Law Firm Profitability Expected to Be Stable for 2020 Despite Decreased Revenue
October 01, 2020
Economists are increasingly gravitating to the concept of a "K-shaped" recovery following the steep plunge of the early days of the coronavirus crisis. With a slight tweak, that "K" may well serve as a useful depiction of law firm profitability in 2020: just add a horizontal third line at the center.