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New York Law Journal

Realty Law Digest

Scott E. Mollen, a partner at Herrick, Feinstein, discusses "U.S. v. Lax," where the court found the decedent's wife benefitted directly from a sham transactions to shield assets from the IRS. Also discussed is "N.Y.C. Hous. Auth. v. Various Tenants, Number II," and "Zagorski v. Makarewicz."
15 minute read

New York Law Journal

Considerations For Ground Rent Reset Provisions

In their Transactional Real Estate column, Peter Fisch and Mitchell Berg write: The purpose behind rent reset clauses is simple—to capture any change in the fair market value (and fair market rental value) of the leased property. However, the application of rent reset clauses in practice is anything but simple, and the consequences of such clauses can be significant.
12 minute read

Corporate Counsel

10 Ways That Outside Counsel Disguise Overbilling

The task of sifting through line after line of attorney time entries from outside counsel is time consuming, and more times than not, in-house legal and accounting teams may miss billing errors.
8 minute read

Law.com

Seventh Circ. Holds Section 1292(b)'s 10-Day Deadline Is Jurisdictional and Cannot be Restarted

In a recent case, the Seventh Circuit reaffirmed that the 10-day time limit in Section 1292(b) for petitioning a court of appeals to take an interlocutory appeal is jurisdictional, but held for the first time that parties could not "circumvent" the deadline by asking the district court to "recertify" the order for interlocutory review.
6 minute read

The Legal Intelligencer

Ethics Forum: Questions and Answers on Professional Responsibility

I am leaving a law firm, but in my employment contract, I have a 45-day period where I have agreed to remain with the firm. Do I have to wait to notify the clients until the 45-day period is up and what are my obligations to future clients who should come in during that time period?
9 minute read

International Edition

Managing End-Of-Year Pressure: A Guide for Junior Lawyers

A few tips on how to navigate the run-up to Christmas.
4 minute read

The Recorder

When To Leave a Job at Which You're Not Happy

If you have hit your wall and simply can't bear it anymore, start developing a strategy that will provide a course for the future.
4 minute read

New York Law Journal

Realty Law Digest

In his Realty Law Digest, Scott E. Mollen discusses two commercial landlord-tenant cases: "151 Realty LLC v. Alava," and "Milltex Distrib. LLC v. Cameron Stewart Inc," and a foreclosure case: "NYCTL 1998-2 Trust v. Alanis Realty LLC."
11 minute read

New York Law Journal

The Intended Consequences of the HSTPA

In his Housing Law column, David Hershey-Webb discusses the benefits for tenants of the new Housing Stability and Protection Act, which he describes as "the strongest rent regulations in decades and a first step in bringing balance back to the rental real estate market." He recognizes, however, that all new laws have "unintended effects" and revisions may have to be made If any of these unintended effects undermine the beneficial intended effects of the new law. 
5 minute read

Corporate Counsel

The Trick to Changing Industries as Your In-House Career Progresses

While it may sound impossible to shift industries, we as lawyers are trained to find loopholes—and a few do exist to help you get your foot in the door of a new industry.
5 minute read

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