I’m a businessperson. As a businessperson, I find I get a lot of phone calls from private equity companies and so forth throughout the day. I enjoy getting these phone calls, not necessarily because I’m looking for their investment, because it can come with a lot of strings attached. Rather, I’m interested in learning about their perspective of business. They tend to call about the businesses I’m running that are hot at the moment and doing well, where the revenue’s increasing.
People in the investment banking business and private equity business are trained as a general matter to go after and learn about industries that are on an upswing. They have a keen eye for spotting areas where there will be a lot of profits and where they can do very well in the long run in terms of using capital effectively to increase the amount of money they make.
An example would be Link Exchange, which was founded by the guy who founded Zappos. A p...
On Wednesday, the University of Colorado Boulder announced that it will be the recipient of a $10 million gift in a bequest, according to The Denver Business Journal. This will be the largest cash gift in the history of the school. It will endow two new faculty chairs. The money has been [...]
Kimberly Davis is 21 and from Australia. She plowed into a bicyclist with her car while she was texting last year. The accident put dents in her vehicle, according to The Huffington Post. The victim riding the bike suffered a spinal fracture and had to spend three months in the hospital. According [...]
The Cassini probe, a NASA spacecraft, took photos in April of 2013 that show a bright arc 750 miles long and 6 miles wide at the edge of Saturn’s outermost ring. This could be the birth of a new moon for Saturn, according to the report from The Huffington Post. “We have not [...]
IP Law 360 examined why we are seeing more layoffs in law firms recently, in an article titled “Lawyers Fear Layoffs” and published on Friday, May 30th (subscription required). When I was interviewed, I suggested that lawyers should be aware of the link between high associate salaries and the probability that more law firms will […]
A number of my partner-level and counsel-level candidates loathe the “What do you want to make?” question. Associates at large firms typically don’t have to worry about this issue because of the lockstep compensation. Like many types of negotiation, I believe the best advice is to never throw out the first number. So how do […]
In case you missed it, the National Association of Women Lawyers (NAWL) recently released a report which recommends policies and procedures to help law firms retain female attorneys (http://www.law.com/jsp/law/sfb/lawArticleSFB.jsp?id=1202422998543). The ability of law firms to retain female attorneys has long been an issue, and hopefully this report will provide law firms with some new policies […]
Although lawyers should consider all possible claims when preparing a complaint, they are forbidden from bringing "frivolous" or unmeritorious claims. Such claims can arise if an attorney fails to confirm information supplied by a client and prepares a complaint based on erroneous information. An attorney that assists a party in bringing a lawsuit simply to generate fees or to maliciously harm, harass, or intimidate his opponent, this violates several ethical rules. Attorneys are also prohibited from preparing claims that are unwarranted under existing law unless they can make a good faith argument that the law should be changed.
Heidi MacDonald is a paralegal, volunteer, who works at T.v.; a private law firm located in Salt Lake City, Utah. The paralegal currently specializes in family law and her future goal is to expand on environmental law as well. Heidi acknowledged that she assists with the mediation process during a couple's divorce. The legal staff member reminds parents who are splitting up that they need to look out for the “best interest of their children.” Heidi noted that one of her responsibilities is to make sure which parent is more capable..
Greenberg Traurig Floats Blog on Restructuring
With competition increasing every day, law firms are finding innovative ways to connect to potential clients and markets, and Greenberg Traurig's new ''GT Restructuring Review'' is another such project.