Without a doubt, all law firms will eventually be tested on their ability to survive a contracting economy. Not all firms will pass the test.
SCOTUS Expands Opportunities to Challenge Agency Action in Corner Post
One of the Supreme Court’s less-heralded decisions from last term promises to have major consequences for businesses affected by federal regulations: Corner Post v. Board of Governors of the Federal Reserve System.
The Looming TikTok Ban: How Influencers Can Avoid Losing Money
Now that the U.S. Supreme Court has decided not to block the Tik Tok “ban,” it will take effect on Jan. 19 (or a later date if extended). This means thousands of well-paid influencers stand to lose a significant revenue stream. Recent data reflects that influencers make as much as $250k per post. The good news? Influencers can take steps ahead of loss.
The First 100 Days Under 47
Those who have been around Trump for even a little bit already know his guiding principal is “Promises Made, Promises Kept.” Accordingly, the best place to start this analysis are the promises he made on the campaign trail. Likewise, it is helpful to consider the people he nominates or appoints, as well as his ability to effectively manage other Republican leaders.
Top 10 Texas Legal News for 2024
Judge-shopping claims, a surrogacy scam, and the opening of the Texas business courts were among the Androvett Legal Media team’s top five legal stories in Texas for 2024. But they didn’t top the list.
Legal Hiring Trends: A Look Ahead to 2025
Russell Newhouse, founding principal of legal search firm Newhouse + Noblin, shares insights into which sectors and industries corporate legal departments are focusing post-election and heading into the new year.
Essential Considerations When Key Law Firm Members Depart
Every successful law firm eventually sees the departure of an influential partner or other key member for one reason or another. Beyond the severed relationships and financial implications, firms must consider and address their key audiences to preserve meaningful external and internal relationships.
Joint Ventures Demystified — A Practitioner’s Guide to Structuring Successful Partnerships
In today’s global business environment, market participants continuously seek innovative ways to grow their businesses, obtain capital to execute their business plans and leverage shared resources. One popular strategy is forming a joint venture, which is a business arrangement where two or more parties pool resources to achieve a common commercial goal. Structuring a JV is complex, and success hinges on careful planning, negotiation and management, as poorly structured JVs can lead to conflicts, inefficiencies and ultimately failed outcomes.
This article explores several key issues to be addressed when forming a joint venture and provides a roadmap for avoiding some common pitfalls that derail many partnerships. By carefully defining a JV’s scope, negotiating for appropriate consent rights, protecting against leakage from affiliate agreements, addressing fiduciary duties and establishing clear transfer provisions, parties can create a JV structure that helps to ensure alignment and maximizes the likelihood of success for all involved.