One of the primary advantages of incorporating your business, large or small, is to protect your personal assets from business liabilities. When you form a corporation, limited liability company, or similar business entity, a “corporate veil” is created between your personal assets and your business.
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Examples of how lawyers' time and resource management challenges can be met by the use of freelance lawyer services.
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Examples of how lawyers' time and resource management challenges can be met by the use of freelance lawyer services.
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In a recent panel discussion entitled Defining the Law Firm of the Future, the only point on which there was consensus was this: “The firm that will thrive in the future is the firm that is able to deliver better value through innovation and technology.”
VALUE. INNOVATION. TECHNOLOGY. How do we start? Below I’m listing what I call the 5 pillars of change that will hopefully help to organize your thoughts around where to begin.
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So you've heard all the great cost effective and time saving benefits of managing your law practice online (also known as a virtual law firm), and you start researching your options. All of a sudden you're reading articles that include words and concepts you have no comprehension of: Saas, Iaas, Paas, public clouds, private clouds. Mind starts spinning, eyes glaze over, and soon those well-known desktop applications and fax machines seem like old, comfortable friends. Let's see if I can help you make sense of this.
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In my first post on the legal issues, I discussed the public's expectation that their social networking information is private. Here, I will move on to the challenges presented by the lack of legislative or judicial law pertaining to use of social networking information in civil and criminal proceedings. (See Social Networking - Legal and Ethical Issues for Lawyers and Investigators).
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A discussion of ethical considerations in obtaining and using social networking content for prosecuting and defending cases.
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Legal Rebels, a project of the ABA, will be conducting a 2-day webinar series consisting of interviews with the attorneys chosen as a "legal rebel". Discussions will focus on innovation and change in law practice that will serve both lawyers and clients in these turbulent times.
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MERS was a company formed by the mortgage banking industry to act as the lenders' "nominee" for recordation of mortgage-backed securities, which were continuously changing hands. Now courts in several states have refused to recognize MERS' standing to bring a foreclosure action against defaulting mortgagors.
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Any real estate professional, who engages in short sale negotiations, is fully aware of just how frustrating the process can be or even downright impossible.
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