Caste System Persists Among Attorneys and Business Professionals
September 01, 2019
While the last decade has brought a revolution of global law firms employing thousands of attorneys and an army of professional staff — pricing executives, marketers and legal operation specialists, among many others — many professional law firm staff tell stories of a two-tiered system that minimizes their role and contributions. Observers said the caste system is a long-standing cultural mindset that stems from an age when firms were smaller and more informal, without hundreds of employees.
Resolving the Competing Desires of Buyers and Tenants In Bankruptcy
September 01, 2019
A Tension Between §§363(f) and 365(h)
How do bankruptcy judges resolve the competing desires of buyers and tenants? Must buyers bid for property knowing that tenants might have the right to stay if their leases are rejected? Are tenants in jeopardy that they might have to move elsewhere to live or work?
In The Courts
September 01, 2019
Maryland Jury Convicts Former CEO of Israeli Company for Role In $145 Million Binary Options Fraud
The Data-Driven Law Firm: The Next Frontier
September 01, 2019
The next generation of elite law firms may have little in common with today's leading global providers of legal services. Whereas historically top-performing law firms combine stellar talent with marquee clients, brand reputation and client-focused excellence to rise to the top, future leading law firms are equally likely to rise to power using a distinctly different recipe: namely, a mixture of market savvy, strategic agility and operational effectiveness powered by data.
Bankruptcy Court Rules U.S. Trustee Amended Fee Schedule Unconstitutional
September 01, 2019
The Office of U.S. Trustee is known among practitioners as the "watchdog" of the bankruptcy process. To fund the U.S. Trustee, Chapter 11 debtors must pay quarterly fees. Following a recent substantial increase to the U.S. Trustee fee schedule, the U.S. Bankruptcy Court for the Eastern District of Virginia found the amended fee schedule to be unconstitutional because it was being applied nonuniformly to Chapter 11 debtors around the country.
Case Notes
September 01, 2019
Despite State Law, Merger Extinguishes Renewal Rights of Successor in Interest
Court May Rely on Parole Evidence to Show Illegal Purpose of Sublease
The State of the U.S. Privacy Job Market, 2019
August 01, 2019
A Reflection on the Year Behind, the Years Ahead and Why Privacy Means So Much to Us
Part One of a Two-Part Article
In just over a year since GDPR Day, privacy by design has made privacy as a profession one of the fastest growing and hottest verticals in and outside of the legal job market.
How to Keep Mobile Data Safe: The Case for On-Device AI
August 01, 2019
Bring Your Own Device is one of the biggest compliance-related issues companies face today, and when it comes to security risks, law firms are prime targets. Considering law firms are built on their reputation, firms must make every assurance that the technology they use will protect their data.
Cybersecurity Spending on the Rise in 2019
August 01, 2019
As data security challenges continue to escalate, many law firms and corporate legal departments are upping their efforts to strengthen cyber defenses and minimize risks.