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March 28, 2013 |

Acting Amid Uncertainty

In an unsettled economy, transactions lawyers had their hands full last year with spin-offs, divestitures, and junk bonds.
10 minute read
February 02, 2009 |

Lawyers burned in Ponzi schemes

The indictments of three attorneys in Florida and California raises questions about how lawyers may be drawn into committing alleged frauds such as Ponzi schemes. "They may see golden opportunities for themselves with investments or hedge funds," said Peter Keane, an ethics professor at Golden Gate University School of Law.
4 minute read
April 08, 2009 |

The habits of highly effective law firm partners

It may not come as a shock that it's harder to become a law firm equity partner these days, and harder to remain one as well. Equity partners enjoy benefits of ownership that other lawyers in the firm do not share. In exchange, they agree to make contributions to the firm over and above what's expected of non-equity colleagues. Altman Weil's Eric Seeger details seven behaviors that he says firms expect equity partners to be able to demonstrate each year — if they want to stay in the equity partner ranks.
10 minute read
March 23, 2004 |

Secrecy in Tax Court Proceeding Challenged

The losing parties in a major civil tax fraud case are asking the Supreme Court to hear their claims that secret reports by special trial judges in the U.S. Tax Court violate due process. The petitions address a long-simmering controversy in the tax bar over whether the reports, which include findings of fact and opinion in some of the court's most complex and serious cases, should be public -- or at least available to federal appellate courts on review.
7 minute read
October 08, 2013 |

Who You Calling Nonessential? For Agencies, A Balancing Act

Essential versus nonessential. For millions of federal workers, it's a critical distinction, and one that agency inspectors general are likely to take a close look at once the government shutdown ends.
4 minute read
February 16, 2009 |

Markets need viable rules

Reflecting upon the financial crisis, I am struck by how popular discourse moves between the extremes of laissez-faire and government action. The basic point is that markets need rules. A lack of effective regulation has spawned four facilitators to financial scandal: dissemination of inaccurate information, abuse of regulatory gaps, exploitation of credulous consumers and the ability to use corporate size to privatize profits and socialize costs. Blocking them will be the key to avoiding future disasters.
4 minute read
December 11, 2000 |

Rugged Laptops: The SUVs of Portables

Sometimes, a hard-driving lawyer needs a computer with guts. War zones may not beckon, but there are construction sites, overhead compartments, temperature extremes and other hazards to a computer's delicate innards. Fortunately, laptops come in a variety of "rugged" versions now -- all of which must conform to U.S. Army standards. You just never know when a bulldozer's going to run over your laptop.
5 minute read
June 11, 2007 |

Facts are essential

The French prohibit government collection of data about race, ethnicity or religion, because it is inconsistent with the French ideal of "citizenship" as the only legitimate form of identity.
4 minute read
March 21, 2006 |

2nd Circuit Clarifies Standard of Review Under ERISA

The 2nd Circuit has clarified the standard of review of an administrator's denial of benefits where there are competing benefit plan descriptions. Addressing an issue of first impression under ERISA, the panel held that a company's attempt to alter the terms of a summary plan description was ineffective as to a disabled employee. One issue in dispute was whether the term "guaranteed minimum compensation" referred to a salary or was meant to be a draw on future commissions.
4 minute read
October 30, 2006 |

VERDICTS & SETTLEMENTS

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