Availing Yourself of the Series LLC: Benefits and Detriments
October 02, 2014
A "Series LLC" is a form of limited liability company that has been available under the laws of a number of states for almost 18 years. The Series LLC has gone largely unnoticed in both the common business arena and the courts.
Unfinished Business Claims
October 02, 2014
Last month, in Part One of this article, we explained that two judges sitting in the District Court in the Northern District of California had issued decisions with respect to unfinished business claims. The rulings on all these cases (one of which was updated after press time) favored the law firm defendants. We continue this discussion herein.
Identity Theft and Taxes
October 02, 2014
In 2013, 13.1 million people were victims of some sort of identity theft. Often, you may think of identity theft as being confined to credit card or ATM fraud, yet there is an epidemic of fraudulent electronically filed tax returns. Identity-related tax fraud is the third-largest theft of federal funds after Medicare/Medicaid and unemployment insurance fraud.
Are Your Marketing Efforts Being Sabotaged?
October 02, 2014
Have you checked under your law firm's proverbial "hood" lately to make sure your marketing engine is runnig smoothly? You should. Some law firms of late are actually sabotaging their own business development efforts.
When a Lateral Move Is a Package Deal
October 02, 2014
Research indicates that a lateral partner's team may contribute more to the success of the rainmaker's move to a new firm than most realize. A surprising turn of events recently brought the issue into view.
A Primer for Valuation of Music Catalogs
September 02, 2014
The rights to a music catalog can be held outright by the artists, within a pass-through legal entity, such as a limited liability company or partnership, or within a corporate entity or trust. How are these music assets valued?
Supreme Court's <i>Troice</i> Has Important Risk Management Implications
September 02, 2014
On Feb. 26, the U.S. Supreme Court decided <I>Chadbourne & Parke v.Troice</I>, holding that SLUSA does not preclude state law class actions where the plaintiffs allege that they purchased uncovered securities that the defendants said were backed by securities listed on a national exchange ' a misrepresentation.
Finding a Chief Strategy Officer
September 02, 2014
Just as chief marketing and business development officers came to the fore following the recession, "chief strategy officers" are making their way to the managing partner's cabinet.
