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“Remedies for Nonpayment” Rules Create New Challenges for Arbitrators
June 16, 2014
Doing justice and finding in favor of the aggrieved party are among the paramount goals of an arbitrator. Of equal and absolute...
June 16, 2014
Doing justice and finding in favor of the aggrieved party are among the paramount goals of an arbitrator. Of equal and absolute...
KKR Buys New Martindale Hubbell Owner Internet Brands
June 16, 2014
The titans of the private equity world must be reading the 393 Communications blog. Just a week after lamenting the new owners of Martindale Hubbell, the directory has been sold on again. In the latest chapter in the Martindale saga, Internet Brands — which owns Martindale and sister site Lawyers.Com – has been acquired by leveraged buyout behemoth KKR from its existing owners – another private equity company called Hellman & Friedman. For those that haven’t followed the fast-moving...
June 16, 2014
The titans of the private equity world must be reading the 393 Communications blog. Just a week after lamenting the new owners of Martindale Hubbell, the directory has been sold on again. In the latest chapter in the Martindale saga, Internet Brands — which owns Martindale and sister site Lawyers.Com – has been acquired by leveraged buyout behemoth KKR from its existing owners – another private equity company called Hellman & Friedman. For those that haven’t followed the fast-moving...
Law Firm Decides to Grow its Own Clients
June 15, 2014
Readers of this blog are already familiar with the incubator projects started by numerous law schools that provide low cost office space and resources to recent grads trying to start their own firms (here, here, here, here, here, here, here, here and here). The ABA Journal is now reporting that one law firm has helped launch a business start-up incubator project in Chicago as a way to cultivate future clients. The project, called Catapult Chicago, is both a business "incubator" and "accelerator"...
June 15, 2014
Readers of this blog are already familiar with the incubator projects started by numerous law schools that provide low cost office space and resources to recent grads trying to start their own firms (here, here, here, here, here, here, here, here and here). The ABA Journal is now reporting that one law firm has helped launch a business start-up incubator project in Chicago as a way to cultivate future clients. The project, called Catapult Chicago, is both a business "incubator" and "accelerator"...
Computers Will Be Like Humans by 2029: Google’s Ray Kurzweil
June 15, 2014
In less than two decades, you won't just use your computers, you will have relationships with them. Because of artificial intelligence, computers will be able to read at human levels by 2029 and will also begin to have different human characteristics, said Ray Kurzweil, the director of engineering at Google. "My timeline is computers will be at human levels, such as you can have a human relationship with them, 15 years from now," he said. Kurzweil's comments came at the Exponential Finance...
June 15, 2014
In less than two decades, you won't just use your computers, you will have relationships with them. Because of artificial intelligence, computers will be able to read at human levels by 2029 and will also begin to have different human characteristics, said Ray Kurzweil, the director of engineering at Google. "My timeline is computers will be at human levels, such as you can have a human relationship with them, 15 years from now," he said. Kurzweil's comments came at the Exponential Finance...
NewLaw, Innovation, and the Importance of Failure
June 15, 2014
Jordan Furlong is one of the first-rate commentators on the legal industry. He is an excellent observer, a deep thinker, and skilled and stylish communicator. Over at Law 21, Jordan has written a set of companion essays that explain the ferment that is now taking hold in the legal industry. Check them out if you need or want the seemingly complex made simple. The first essay is a highly useful reference guide to NewLaw (#NewLaw), a category coined by the Australian consultant George Beaton....
June 15, 2014
Jordan Furlong is one of the first-rate commentators on the legal industry. He is an excellent observer, a deep thinker, and skilled and stylish communicator. Over at Law 21, Jordan has written a set of companion essays that explain the ferment that is now taking hold in the legal industry. Check them out if you need or want the seemingly complex made simple. The first essay is a highly useful reference guide to NewLaw (#NewLaw), a category coined by the Australian consultant George Beaton....
Wasserstein Company Buys Back American Lawyer Publisher
June 15, 2014
What a week it’s been in the legal publishing and media world. Firstly, KKR bought Internet Brands, the new owner of Martindale...
June 15, 2014
What a week it’s been in the legal publishing and media world. Firstly, KKR bought Internet Brands, the new owner of Martindale...
Sorry, But the CEO’s Divorce Is the Board’s Business
June 15, 2014
The “Separation Anxiety: The Impact of CEO Divorce on Shareholders” survey, conducted by Stanford University professor David F. Larcker, a nationally recognized corporate governance expert, argues that CEO divorce can impact the corporation and its shareholders in at least three potential ways: The first point of impact relates to the decline in influence of the CEO when forced by the divorce settlement to relinquish a substantial portion of his/her ownership position in the company. With no, or a reduced,...
June 15, 2014
The “Separation Anxiety: The Impact of CEO Divorce on Shareholders” survey, conducted by Stanford University professor David F. Larcker, a nationally recognized corporate governance expert, argues that CEO divorce can impact the corporation and its shareholders in at least three potential ways: The first point of impact relates to the decline in influence of the CEO when forced by the divorce settlement to relinquish a substantial portion of his/her ownership position in the company. With no, or a reduced,...
New Software Finds and Interprets Contract Obligations
June 14, 2014
Companies employ different strategies for managing contracts and, like most things today, technology can provide a helping hand. Huron Consulting Group has released a Q-and-A interview with Managing Director Jeffrey Catanzaro that explores some of the newer options. Catanzaro said the emerging technology has focused on the need to take an inventory of a company’s contractual obligations. There are now tools that search repositories, discover contracts and extract document metadata to inject...
June 14, 2014
Companies employ different strategies for managing contracts and, like most things today, technology can provide a helping hand. Huron Consulting Group has released a Q-and-A interview with Managing Director Jeffrey Catanzaro that explores some of the newer options. Catanzaro said the emerging technology has focused on the need to take an inventory of a company’s contractual obligations. There are now tools that search repositories, discover contracts and extract document metadata to inject...
LexisNexis Upgrades Early Case Analyzer
June 14, 2014
Key improvements, according to Best: • Explore View helps users examine collected data early in the process. • Statistical...
June 14, 2014
Key improvements, according to Best: • Explore View helps users examine collected data early in the process. • Statistical...
Here’s Why Lawyers Shouldn’t Care About iOS 8
June 14, 2014
Once again, Apple holds its annual World Wide Developer Conference to showcase its new design features. I didn’t watch the keynote — you need Apple products to stream Apple’s conference — but from what I’m reading, the conference was all about Android. In fact, this is one post that sums up the event: Of course, if you’re interested in the Cliff Notes version of Tim Cook’s let’s bash Android and call it innovation keynote, check out this video: This year, Apple announced iOS 8.
June 14, 2014
Once again, Apple holds its annual World Wide Developer Conference to showcase its new design features. I didn’t watch the keynote — you need Apple products to stream Apple’s conference — but from what I’m reading, the conference was all about Android. In fact, this is one post that sums up the event: Of course, if you’re interested in the Cliff Notes version of Tim Cook’s let’s bash Android and call it innovation keynote, check out this video: This year, Apple announced iOS 8.
