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Late Fees on a Balloon Payment Due at Maturity
Virtually all commercial real estate loan documents contain a provision providing that if a payment is not timely, a late fee is imposed in connection with that late payment—typically 5% of the amount of the payment that was due. A 5% late fee imposed on a delinquent monthly installment payment does not usually cause much controversy.
Five Years After Vega Much Remains Unsettled in Pay Frequency Litigation
The author states "Can New York employees – who were paid all wages due on a biweekly pay schedule – state a claim against their employer for violating the pay frequency provisions of §191 of the New York Labor Law? Well, it depends on who you ask – or, more accurately, where the plaintiff can file suit."
DLA Piper Hires Former FAA Chief Counsel as Transportation Practice Co-Chair
Nichols spent nearly three years at the FAA after holding high-ranking roles at Saab and Rolls-Royce.
Firms Come Out of the Gate With High-Profile Litigation Hires in 2025
Here’s a roundup of three major moves our Law.com colleagues have covered already this year involving litigators switching firms in the Am Law 50.
Law Journal Press | Digital Book
New Jersey Employment Law 2025
Authors: Rosemary Alito
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Legal Departments, Firms Expect Gen AI to Boost ALSP Usage
Thomson Reuters’ Alternative Legal Service Providers 2025 Report also found that the ALSP market is growing quicker than the traditional legal services market.
Law Firms Are 'Struggling' With Partner Pay Segmentation, as Top Rainmakers Bring In More Revenue
Some partners last year "doubled their book of business, and not just from $20 to $40 million, but $60 to $120 million," noted Blane Prescott. "More firms are struggling with: what should the top be?”
Diversity Lab Alters DEI-Centered Verbiage on Mansfield Certification Website
The requirements remain in place, Diversity Lab's founder and CEO said, amid other recent changes to the site's language on DEI.
Judicial Ethics Opinion 24-109
An appellate judge, who is also an adjunct law professor, may write letters of recommendation based on personal knowledge for current or former law students seeking judicial clerkships in other courts. The letter should be addressed directly to the hiring judge, unless that judge presides in a lower court subject to the appellate judge’s jurisdiction. If the judge uses judicial stationery, he/she must clearly mark it “Personal and Unofficial.”
Midsize Firm Bressler Amery Absorbs Austin Boutique, Gaining Four Lawyers
Four lawyers from Pearce Shambach moved to Bressler, Amery & Ross' Austin office, bringing corporate and transactional experience to the office.Trending Stories
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- 4Coral Gables Attorney Busted for Stalking Lawyer
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