From the monthly archives:

May 2012

TweetLawyers continually warn their clients to be cautious about what they say on the internet and on social media sites such as LinkedIn, Facebook and Twitter. Saying the wrong thing can harm a company’s reputation and even lead to costly business litigation. However, sometimes lawyers don’t take their own advice. A New Jersey attorney is […]

{ 1 comment }

TweetAttorney, Lawrence Spivak, was recently reprimanded by the Second Circuit for defaulting or otherwise failing to comply with the court’s scheduling orders in ten cases, causing the dismissal of all ten cases.  The Second Circuit adopted the recommendations of the Grievance Committee that Spivak be publicly reprimanded and required to submit to periodic status reports.  If […]

{ 0 comments }

TweetDewey & LeBoeuf’s seemingly rapid free fall has caught the attention of business analysts and bankers as much as the legal community.  As a result, the legal industry today is undergoing the same scrutiny as the financial services industry did in 2008. While criminal allegations, lush multi-year contract guarantees and big debt dominate the Dewey […]

{ 2 comments }

TweetBig names in the entertainment industry such as Viacom, Paramount, other film studios and television networks, music publishers and sports leagues sued YouTube and Google in the Southern District of New York several years ago in a lawsuit entitled Viacom International, Inc. LLC, et al. v. YouTube Inc. LLC, et al., Docket Nos. 10–3270–cv, 10–3342–cv […]

{ 0 comments }

TweetAccording to a recent report entitled the 2012 Real Rate Report, New York City firms raised their attorney billing rates on average by 12 percent in the last few years, the second highest change in rates among lawyers in various U.S. cities.  This report also shows that a lawyer’s billing rate is determined more by […]

{ 1 comment }

TweetHave you ever wondered just how much your law degree is worth? Well, a New York court recently  answered this very question in a divorce action entitled Esposito-Shea v. Shea, 513428, NYLJ 1202548231658 (N.Y. App. Div., 3rd Dept., 4/5/12). After the parties were married, the wife attended law school and earned her law degree.  After the […]

{ 0 comments }

TweetIn 2012 U.S. law firms continue to find China an alluring market for their services.  Approximately eight new law offices were opened during the beginning of 2012 alone. The largest 250 U.S.-based law firms added 194 lawyers to their Chinese offices during 2011.  So far, the number of those offices grew from 124 to 132 during […]

{ 0 comments }

TweetHave you ever dreamed of evading your income taxes, all with the blessing of Uncle Sam? Well if you have, the multi-billion dollar company Apple and other technology bell weathers are living your dream.  How do they get away with it? They form subsidiaries in tax-friendly countries like Ireland, the Netherlands and Luxemburg which allow […]

{ 3 comments }

TweetNew proposed legislation entitled the Cyber Intelligence Sharing Protection Act of 2011 (CISPA) is  currently making its way through Congress, and it is already being censured, similar to the way the Stop Online Piracy Act (SOPA) was heavily criticized before further steps necessary to enact that bill were postponed earlier this year. The proposed statute […]

{ 0 comments }

TweetSmall businesses and service businesses like law firms are all about people and relationships.  If the relationships go bad, a business breakup can be just as difficult and costly as ending a marriage.  Business partners and colleagues invest a great deal in the relationship and there are usually significant assets involved.  The collateral damage to […]

{ 0 comments }