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We found 2,077 results for "Accounting and Financial Planning for Law Firms"...

In Confronting White House, Texas AG Builds His Brand
For Paxton, persistent challenges to Obama administration policies do more than advance legal principle and pack a conservative punch to the Democratic White House: They also help spur campaign contributions.
U.S. Companies Reviewing $600 Billion U.K. Investment Over Hard Brexit Fears
Continental Breakfast: your daily update on what's happening in Europe.Major U.S. corporations are reviewing their U.K. investments due to concerns…
14 Obama Lawyers Whose Inboxes Could Swell With Job Offers
White-collar enforcement. Cybersecurity. Privacy and technology. Antitrust. Health care. Congressional investigations. The Obama administration lawyers identified below are on the front lines in key areas and are sure to command attention in Big Law and corporate offices.
Privacy and Security of Personal Information Collected by Benefit Plans
High profile cyberattacks and data breaches have become routine occurrences. Cyber threats are so pervasive that many privacy and security experts advise that responsible parties ' like fiduciaries of employee benefit plans ' should prepare for <i>when</i> a data breach occurs, not </i>if</i>. Plan sponsors and fiduciaries should be aware of, and address, security and privacy issues in connection with personal information.
Outsourcing Is No Longer a Four Letter Word
With 70% of law firms outsourcing a portion of their back office and 45% considering outsourcing some middle office functions, it is clear that outsourcing is on the rise in law firms. This is because, when executed correctly, it can be an excellent management tool to increase service levels, broaden talent and manage costs.
Retiring Boomers Pose Big Challenges For Firms
On June 30, securities litigator James Benedict, 66, walked out of his office at Milbank, Tweed, Hadley &amp; McCloy for the last time as a partner and caught a plane to Vail, Colorado, to begin the next chapter of his life.
Board of Editors
October 06, 2016
Accounting and Financial Planning for Law Firms Lawrence L. Bell Advisors, LLC, Kensington, MD Wayne Berkowitz Berdon LLP, New York James…
New York Rejects Federal Trend, Limits Common Interest Doctrine
Full and frank communication with another party's legal counsel is often necessary effectively to defend a client and to ensure compliance with the law. Thus, the question, "Under what circumstances may a company share privileged information with a third party?" is an important one.
Demand Is Down, So Why Are Billing Rates on the Rise?
Contradicting the ordinary rules of supply and demand, law firms have continued to jack up hourly fees faster than flat demand and a projected 1.7% annual inflation rate would suggest.
Money Laundering Case Puts Spotlight On Law Firms' Use of Trust Accounts
A $3.5 billion asset forfeiture case that the DOJ brought in July grabbed the public's attention for the alleged purchases involved: a luxury jet, a Beverly Hills mansion, Las Vegas casino junkets and a stake in the Leonardo DiCaprio movie <i>The Wolf of Wall Street.</i> But for experts in how law firms handle client funds, another detail in the case may merit special scrutiny.

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  • The 'Sophisticated Insured' Defense
    A majority of courts consider the <i>contra proferentem</i> doctrine to be a pillar of insurance law. The doctrine requires ambiguous terms in an insurance policy to be construed against the insurer and in favor of coverage for the insured. A prominent rationale behind the doctrine is that insurance policies are usually standard-form contracts drafted entirely by insurers.
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  • Abandoned and Unused Cables: A Hidden Liability Under the 2002 National Electric Code
    In an effort to minimize the release of toxic gasses from cables in the event of fire, the 2002 version of the National Electric Code ("NEC"), promulgated by the National Fire Protection Association, sets forth new guidelines requiring that abandoned cables must be removed from buildings unless they are located in metal raceways or tagged "For Future Use." While the NEC is not, in itself, binding law, most jurisdictions in the United States adopt the NEC by reference in their state or local building and fire codes. Thus, noncompliance with the recent NEC guidelines will likely mean that a building is in violation of a building or fire code. If so, the building owner may also be in breach of agreements with tenants and lenders and may be jeopardizing its fire insurance coverage. Even in jurisdictions where the 2002 NEC has not been adopted, it may be argued that the guidelines represent the standard of reasonable care and could result in tort liability for the landlord if toxic gasses from abandoned cables are emitted in a fire. With these potential liabilities in mind, this article discusses: 1) how to address the abandoned wires and cables currently located within the risers, ceilings and other areas of properties, and 2) additional considerations in the placement and removal of telecommunications cables going forward.
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