Information gathering and note-taking apps can help busy attorneys manage the constant stream of information and avoid information overload.
Sometimes, in this new Web 2.0 world, it’s easy to feel overwhelmed with information. Organizing the flow of information, for both work and personal uses, is one way to manage the constant stream of information and reduce information overload. Read more…
Strategic inflection points indicate the astonishing ways in which the economics of industry change as time progresses.
I am reading Only the Paranoid Survive by Andy Grove, the legendary CEO of Intel. In the book, Grove focuses on dramatic changes to the economics of an industry, which he calls “strategic inflection points.” One “inflection point” he discusses is the disruption the PC brought to the computing industry.
There are many ways attorneys can make use of a virtual data room in their practice, including efficiently managing and storing data, securely transferring large volumes of documents outside the firewall and much more.
As I’ve discussed in the past, online collaboration platforms generally allow for far more secure communication than email and offer attorneys a secure online location for collaboration.
A virtual deal room is a convenient tool to securely organize and share large volumes of documents during the Private Placement process. An online document repository, or virtual deal room, is an attractive alternative to email for collecting and sharing this information in an organized fashion while keeping the data safe.
Recently, I have been talking to professionals that specialize in issuing private placements. A private placement is a funding round of securities that are issued to a select group of targeted, private investors. In my discussions, it has become apparent that there is an opportunity for professionals in this space to leverage the capabilities of a virtual data room, particularly if they manage more than one of these transactions annually.
Web-based scheduling applications can greatly simplify the process of determining a mutually agreeable meeting time.
One of the more annoying tasks that many of us encounter on a nearly daily basis is attempting to coordinate a meeting or phone conference amongst a group of people. Generally, an agreed upon date and time is arrived upon only after a flurry of emails have gone back and forth between participants.
The Checklist Manifesto, a compelling book by Dr. Atul Gawande, explores the crucial improvements that following the template of a basic checklist can make to one’s life and workplace.
In The Checklist Manifesto, Dr. Atul Gawande examines how the use of checklists can significantly improve workflows and outcomes in the work environment. He focuses primarily on the aviation and construction industries, and analyzes where and how checklists are used. He speaks as well about his experience in a WHO-sponsored initiative bringing checklists to surgical operating theatres around the world. There are, I believe, possible applications of his ideas within a law firm.
Information gathering and note-taking apps can help busy attorneys manage the constant stream of information and avoid information overload.
In this new Web 2.0 world, it’s easy to feel overwhelmed with information. Organizing the flow of information, for both work and personal uses, is one way to manage the constant stream of information and reduce information overload.
In the wake of the recession, business owners are seeking ways to repair damage. Employee Stock Ownership Plans (“ESOPs”) are a practical resource when attempting to convert privately owned company stock into assets that are more liquid.
While the M&A market continues to recover, business owners are utilizing Employee Stock Ownership Plans (“ESOPs”) to satisfy the need to convert some of their illiquid privately held company stock into cash and other liquid investments. The ESOP is attractive due to significant tax savings to the owner and company, flexible deal structures and speed with which a transaction can be completed. With higher capital gains taxes looming in 2011, now is a great time to evaluate this liquidity strategy.
