Monthly Archives: June 2014

‘Reports of my death have been greatly exaggerated’: Trusts, IHT and the Government’s proposals

In its latest consultation document of 6 June 2014, the Government proposed some radical amendments to the Inheritance Tax (IHT) system, which will affect anyone planning to set up new trusts or add to existing ones after 6 June 2014.
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Multistate Tax Update — June 19, 2014

On May 13, 2014, the Michigan Court of Appeals rendered an opinion of significance to businesses in the database subscription industry, and to a somewhat lesser extent, the software industry (Thompson Reuters Inc. v. Dept. of Treasury, No. 90-345 (Mich. Ct. App. May 13, 2014)). Thompson analyzed the proper treatment of sales of subscriptions to an information service for use (and, by analogy, sales) tax purposes. 

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Rainmaking Recommendation from Jaimie Field: Halfway There

Not only am I bringing you a rainmaking recommendation from expert Jaimie Field today, I also got to see Jaimie in person this afternoon at the Legal Marketing Association lunch for the NJ City Group Meeting! Jaimie has been battling bronchitis, among other things, so we’re reaching back into the archives again today for a post, which is particularly apropos.  Jaimie will be back with new rainmaking recommendations in July!

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Not to frighten you, but this year is officially half over. What have you done to advance your Rainmaking skills?

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ILN Today Post

Shutts & Bowen Moves up in AmLaw 200

Shutts & Bowen LLP solidified its position in the AmLaw 200 rankings, moving up from No. 175 in gross revenues in 2012 to No. 174 in 2013.  This reflected an increase in gross revenue from $127.5 million in 2012 to $132.5 million in the fiscal year ended Dec., 31, 2013, continuing the pattern of steady revenue growth the firm had maintained throughout the Great Recession. As in previous years, the firm outranked the average among its peers in both revenue per lawyer, at No. 148, and profits per partner, at No. 147. More…

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Special Report: Are you ready for Export Control Reform?

A new round of changes to export control laws will take effect on July 1, 2014. These changes will affect both how and whether various products, services and technology can be sent to foreign countries and foreign persons. If your company is involved in manufacturing and/or exporting activities, it is important to become familiar with these regulatory changes and assess their potential effect on your transactions, logistical procedures, and compliance requirements. 

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Two for Tuesdays: Takeaways from P3

Last week, I had the pleasure of attending the LMA’s P3 conference, which brings together “pricing, project management and practice innovation experts to discuss the use of various tactics to explore solutions to real issues face by law firms today.”

I’ll be publishing some recaps for the conference in the coming days, since there was a LOT of high-level meaty topics and conversation happening in and around the event. But today, I wanted to bring you my two takeaways from the conference. As always, there are more than just two to discuss, but we’re focusing on these today! Feel free to add any other takeaways in the comments below, or just add your comments to the discussion! 

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ILN Today Post

The last quarter has seen a flurry of activities both in Hong Kong and overseas to promote our practices of intellectual property (IP) and alternate dispute resolution (ADR) with Hong Kong as the international hub in Asia

During the 2-Day Mediation Conference (jointly organized by the Department of Justice and the Hong Kong Trade Development Council) held in Hong Kong on 20th and 21st March 2014, Senior Partner C. K. Kwong spoke at the breakout session of the Conference entitled “Advantages of using mediation to resolve complex financial and commercial disputes” with some distinguished panelists (including the Honorable Madam Justice Bergin, Chief Judge in Equity, Supreme Court of NSW, Australia, Ms. Teresa Cheng, Chairman of the HKIAC and Mr. Karl Mackie, CE of CEDR, UK). CK’s presentation was dedicated to how mediation could be utilized to resolve IP disputes which was well received by over 300 participants [see PowerPoint]. Our consultant, Sylvia Siu, also took part as a Moderator of the breakout session on “Mediation in the Business sector: Commercial/Insurance/Finance”. Following case studies, the audience was offered practical tips in mediation. More…

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ILN Today Post

NEW DATA PROTECTION REGULATION

In January 2012, the European Commission proposed a reform of the EU’s data protection rules. The reform consists of a draft regulation setting out a general EU framework for data protection (COM (2012) 11) (the “Regulation”) and a draft directive on protecting personal data processed for the purposes of prevention, detection, investigation or prosecution of criminal offences and related judicial activities. More…

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Recovery of legal fees when suing in contract

It’s almost inevitable: business deals will sometimes turn sour. Enforcing one’s rights through litigation can be quite costly. But perhaps parties could reduce those costs with some strategically worded clauses in their contracts – essentially transferring them to the defaulting party.

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English brands are here to stay in Quebec — At least for now

A recent judgment of the Quebec Superior Court has shed new light on an issue that has puzzled businesses in the province for many years. Can you display a trade-mark in a language other than French? How does this relate to the requirement that a business must have a French name?

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