Equitable Distribution of Securities
July 21, 2004
Part Two of a Two-Part Article. The first part of this article discussed the initial steps, documents and forms for transferring securities in the course of the equitable distribution of assets involved in matrimonial litigation. This conclusion addresses deferred compensation plans and provides forms for the completion of the transfer.
Making the Case for the Benefits of Uniformity and Predictability
July 09, 2004
Uniformity and predictability are often lacking from judicial treatment of cases involving vicarious liability claims against franchisors, yet uniformity and predictability are the hallmarks of a successful franchise system, and the engines that have driven franchising to occupy such a prominent position in the domestic and worldwide economy.
Ethereal Asset
July 07, 2004
In the past 10 years intellectual property lawyers have become the profession's "it" boys and girls, if not quite rock stars. Law firms want to acquire them and are willing to pay them handsomely. Law students see IP as their meal ticket. And, most importantly, corporations want to retain them, as executives have begun to realize that ' in the words of Federal Reserve Board chairman Alan Greenspan ' "the economic product of the United States has become predominantly conceptual." <br>Intellectual property law is the container that creates value for Greenspan's conceptual assets ' stuff like biotechnology discoveries and circuitry design that is hard to create but comparatively easy to duplicate. IP lawyers are the enforcers of this peculiar brand of law, and frequently they are also the managers of this peculiar brand of asset. IP lawyers are in the catbird seat ' highly desirable free agents as firms chase talent, and highly sought-after corporate counselors. Can the good times last forever?
Offshore Outsourcing: Trends and Issues
July 07, 2004
It's no longer sneaking up on anyone that outsourcing is not only here to stay, but on the rise. A key part in outsourcing ' whether it's help desk or other IT functions or more involved business operations ' is the transfer and/or licensing of intellectual property and technology. This two-part article looks at outsourcing growth and trends, laws and taxes outsourcers need to know, and special considerations involved in transferring IP. Part One provides a fascinating glimpse where outsourcing is headed and why, the different business models outsourcing companies use, and discusses how outsourcers can maintain quality control over the outsourced functions.
Where Do We Go From Here?
July 02, 2004
The increasingly familiar category of "Matter Management" is a niche area in the world of legal technology that has attracted more interest from in-house legal departments and their outside law firms in recent years. It's a category with humble beginnings and dynamic changes ' both in terms of the companies that develop the software and in terms of the features enjoyed by the users. <br>This article takes a brief look at the origins and evolution of matter management technology, and then offer a provocative assessment of what the future holds. Ultimately, it challenges members of the legal technology community to think about what will become more important: fancy technology or software that's easy to use?
The ICEman Cometh: How to Avoid Being Put On the 'Spot'
July 01, 2004
Concerns about domestic security post-9/11, fear that immigrants are moving here to take jobs away from "real" Americans, worries that foreign workers trained here will then "offshore" their positions ... all of these factors have nudged the federal government to more strictly scrutinize U.S. corporations' use of foreign-born talent. <br>The cornerstone of this scrutiny is the Worksite Enforcement Program, administered by the Department of Homeland Security's Bureau of Immigration and Customs Enforcement (ICE). This program is often referred to as the "spot visit program."
Compensating The Unique Practice Partner
July 01, 2004
How do you compensate the partner who has a unique practice within a law firm? Truly unique practice partners should be fairly uncommon, so first it makes sense to ask if a unique practice actually exists?
Legal Outsourcing Looks to the Heartland
July 01, 2004
Piper Rudnick partner Karen McWilliams is not the first busy lawyer to ask an assistant to arrange a birthday party for her daughter. She may, however, be among the first to have called on an assistant more than 2000 miles away from her office in Reston, VA. "I forget they're in North Dakota," McWilliams says. "I just dial the number and they're there." <br>"They" are the outsourced office staff who work for Piper Rudnick and other law firms out of a support center operated by the CBF Group in Fargo, ND. <br>At a time when discussions of outsourcing focus on possibilities in India, companies like CBF want lawyers to remember there is a "near shore" option as well. Renee Rutter, the president of CBF, is hoping her company will find a niche somewhere between the anonymous document processing work that may go to India and the front-line secretaries whom lawyers interact with every day.
Daubert Challenges: Doubly Interesting To Accountants
July 01, 2004
It's been a decade since the case entitled <i>Daubert v. Merrell Dow Pharmaceuticals, Inc.</i>, 509 U.S. 579 (1993), changed the rules by which federal judges determine the admissibility of expert testimony. <i>Daubert</i> and subsequent opinions refining it have established guidelines for ensuring that expert witnesses use credible methodologies for drawing their conclusions. Many state courts have adopted similar rules. <br>Daubert-related work in some types of litigation is now so costly that attorneys should anticipate it in deciding whether to accept a case. Doing so is aided by a good understanding of Daubert, however, and many attorneys hold a wide variety of misconceptions about the subject.