Cloud Computing Agreements
June 02, 2015
Cloud-based services have exploded in popularity over the last decade due to their ability to provide the convenience of on-demand resources along with generating efficiencies. However, given the importance of IT to most modern entities' operations, companies must balance the benefits of such outsourced cloud services with the risks associated with entrusting data and critical business processes to third parties.
Contract Management and the Bottom Line
June 02, 2015
With many companies wearing the hats of the supplier, partner and customer simultaneously, the dynamics of vendor contracts, customer agreements, licenses, trademarks, leases, warranties and other contracts become ever more convoluted.
How Do You Know When Your Loss Ensues?
June 02, 2015
This two-part article provides an overall review of ensuing loss provisions and their application by courts across the United States. In Part One, we discussed, among other things, Specific Exclusions. This month, we continue the discussion about Faulty Workmanship Exclusions.
A Primer on What 'Big Data' Is All About
June 02, 2015
In May 2015, the streaming music service Pandora acquired the music industry data collection company Next Big Sound, which extensively tracks sales, social and streaming data. In the Internet era, the entertainment and other industries are awash with data, all of it with varying degrees of copyright protection. The Pandora/Next Big Sound deal presents a good moment for a primer on this copyright protection.
What ERP Can Teach About ELM Adoption
June 02, 2015
Following in the footsteps of Enterprise Resource Planning (ERP), Enterprise Legal Management (ELM) holds out the potential to link risk and legal data to enable the global enterprise to proactively mitigate legal risk, streamline the legal process, and make insightful decisions in response to market or regulatory changes.
Leasing Strategies in a World of Flux
June 02, 2015
As more and more commercial clients move their legal teams in-house, competition among law firms continues to grow. With the legal industry still feeling negative impacts from the financial crisis, a considerable number of law firms have been pooling expertise and gaining market share through mergers and acquisitions.
Challenging Estate Plans
June 02, 2015
Part One of this two-part series discussed bypass trusts, QTIP trusts, spousal lifetime access trusts (SLATs) and qualified personal residence trusts (QPRTs). This final installment reviews additional trusts with a focus on how matrimonial practitioners may attack assets held in such trusts.
Firms Helping Military Employees
June 02, 2015
Many Am Law 100 firms have done extensive pro bono work for veterans since the start of the wars in Iraq and Afghanistan more than a decade ago, and are also helping their military employees.
'Customary Operations' or a Vacant Building?
June 02, 2015
Many times, courts are faced with the question of whether a loss location is "vacant" under a commercial property policy when trying to determine if the building owner or lessee is conducting customary operations. This article explores various decisions across the United States as to what is considered "customary operations," thereby rendering the property "vacant."
<b><i>Sales Speak:</i></b> Redefining Sales
June 02, 2015
Over 30 years ago, Bill Flannery introduced the legal world to the concept of "large account management." Three decades later, the concept finally seems to be taking hold in law firms. They know that managing key client relationships professionally leads to improved client service, client retention, revenue growth and better referrals.
