A one-year unlimited subscription to programs in the General Catalog of the CLE On-Demand library. This cost-effective annual subscription provides access to hundreds of hours of programming, with new classes added each month covering a broad range of practice areas and emerging topics. Premium content excluded
This comprehensive course is designed to equip participants with a deep understanding of problematic gambling in the U.S., focusing on legal and ethical considerations, particularly within the legal profession. Through a combination of research, best practices, and interactive discussion, participants will gain valuable insights into the various aspects of gambling disorders, their effects, and the impact of disordered gambling on individuals and specific challenges faced by legal professionals.
Owners of partnership interests frequently seek to sell or withdraw from a partnership through a cross-purchase with other owners or via cash redemption. Their economic considerations consist of cash, perhaps an installment obligation plus deemed relief of partnership debt. The client’s perception of the “net-after-tax” consideration received in selling a partnership interest after negotiating a term sheet or letter of intent may prove to be inflated and, in some instances, inflated substantially with hidden tax burdens. These “hidden” incremental tax costs to the partner selling part or all of a partnership interest may be sourced to "tax traps” within the partnership provisions pertaining to allocation of debt, cash and non-cash distributions and gain/loss characterization rules.
The emergence of artificial intelligence (AI) technological advancements has the potential to change litigation practice today. There are immense opportunities for attorneys who knowledgeably adopt and use AI tools. But attorneys who ignore AI, or rush its implementation without sufficient caution, do so at their peril and create avoidable risks.
The anticipatory assignment of income doctrine has been used effectively by the Internal Revenue Service to tax gain from the sale of property to a donor even though the donor gave the property away before the sale closed. Many practitioners assumed that so long as there was not a binding commitment to consummate the sale, the assignment of income doctrine would not apply. Was that really the law? Did Hoensheid, a Tax Court memorandum decision, overturn over 40 years precedent? Or is it simply another step in the evolution of the doctrine?
The legal profession continues to struggle with attracting and retaining diverse attorneys representative of the communities they serve.
How does this challenge affect you and your practice? With today’s increasing demand for diversity in the legal profession by everyone, including clients, it is particularly important for practicing attorneys to understand diversity, equity, and inclusion (DEI) issues and how they relate to the practice of law as well as their own business. Indeed, the American Bar Association has taken a stance by implementing Model Rule 8.4(g) to prevent lawyers from engaging in discriminatory conduct.
Join us at this timely webcast to explore the challenges of diversity in the legal profession and the importance of DEI to your practice!
In the last five years, we have witnessed a historic intensification of federal and state focus on the incorporation and advancement of environmental justice (EJ). This activity has been particularly acute in two areas: federal and regional approaches to enforcement and permitting, as well as at state and local levels, where a host of new laws, policies, and guidance documents weave environmental justice into the permitting process.
Join us for an update and a look into what’s next from leaders from federal, state, and local government, community organizations, and the private sector who regularly navigate this evolving landscape.
Ground leasing and the legal rights afforded to the leasehold estate have evolved over time and as real estate values stabilize, parties are considering ground leases more and more. Business motivations, including improved capitalization rates, accounting advantages and capital allocation needs, have also increased ground lease popularity. However, maximizing the business economics of ground lease deals for both the lessor and lessee requires finesse, and demands expert drafting and negotiating skills to execute a financeable lease that balances lessor, lessee, and lender interests equally.
A partner or shareholder dispute can be costly and time consuming, especially if it ends up in court. If the falling-out escalates to this level, much of the litigation will revolve around a detailed valuation of the business. As counsel, you must have an understanding what factors must be considered when determining the true value of the business, as well as how to select an experienced appraiser that can skillfully prepare testimony to present in court.