How One Firm Tracked an Oligarch and Billions in Fraud
November 02, 2014
For five years, a team at international law firm Hogan Lovells tracked the wild financial peregrinations of a Kazakh oligarch suspected of running a $10 billion fraud. But this is more than a cloak-and-dagger story.
Going Digital ' With Signatures
November 02, 2014
ALM research indicates that 52% of surveyed corporate counsel and small, medium and large firms are either already using an electronic signature solution or plan to implement one in the next 12 months.
Social Media Invades and Modernizes Employment Practices
November 02, 2014
While there are not currently any laws in the United States forbidding employers from gleaning information from social media ' whether during the hiring process or at any point in the employment relationship ' improper use can get them into trouble.
Changing the Law Firm Business Model
November 02, 2014
If a law firm wants to conform to a client's need for responsiveness in the new competitive environment, big changes are required in its business model and, culturally, lawyers need to recognize that other professionals are better at certain tasks than lawyers.
Rocket Matter Case Study
November 02, 2014
Each system reviewed had features that raised the interest of at least one of our testers. Overall though, the most effective criteria we applied was: "Does it work for us?" Did the product function as promised and fit with the way our users envisioned themselves using the system? And I must emphasize the word envisioned because this move was such a departure for some that it was unlike anything they had experienced before. Ultimately, we determined that system to be Rocket Matter.
Transfer Taxes
November 02, 2014
Last month, we wanted to know the tax consequences to a hypothetical couple of their proposed agreement that husband transfer his interest in a townhouse to wife prior to their execution of a separation agreement, and that wife transfer her membership interest in the company to husbandprior to execution of such agreement. The discussion concludes herein.
Antitrust Extradition
November 02, 2014
In April 2014, the DOJ completed extradition of the first defendant of an antitrust violation in the 124-year history of the Sherman Act..This article summarizes the development of U.S. criminal antitrust enforcement that culminated in this extradition.
Deferred Compensation Plans under Section 409A
November 02, 2014
Section 409A applies to any arrangement that postpones payments of compensation to subsequent years. The Notice spells out what is and is not deferred compensation, Single-person Plans, "defined benefit" non-qualified plans, Supplemental Executive Retirement Plans (SERPs) and arrangements for non-employees (directors, trustees and independent contractors).
Plugging Profitability Leaks
November 02, 2014
We've long known that vague, incomplete or misunderstood instructions from partners to associates is a prime source of profitability leaks ' revenue lost because of all the time spent on reinventing the wheel, because of do-overs, and because of significant amounts of time written down or eventually written off. We've also long known that an amazingly simple delegation improvement technique can help reduce write-downs of time by up to 18%.
