In the whirlwind that is the American legal landscape, some notable developments have come to the forefront, each worthy of further exploration for today’s dedicated legal professionals.
On a lighter topic,
schadenfreude seems to be complimenting the March Madness season as speculation surrounding which of former President Donald Trump’s properties he’d most hate to lose spurs both amusement and intriguing considerations for property and asset lawyers.
Shifting focus to the colossal role of taxation in global business, legal powerhouse Baker McKenzie seems to have entered into a confrontational legal maneuver with the IRS. A reminder, if one were needed, of the significant complexities of business taxation, as all firms are advised to ensure their respective paperwork is in pristine condition.
From the taxing field of tax law, we move to the relentless demand for billable hours within Biglaw firms. A recent approach by the firm of Reed Smith makes it patently clear that it’s an undesirable period to be in their ‘B’ squad, provoking conversations over the best practices for incentivizing lawyers.
Lastly, from the realm of the supernatural or more precisely, the surreal, law professor Jonathan Turley appears to be playing oracle with the opinions of deceased judges. Whether this represents a marker in compelling legal strategies, delusion, or the advent of a digital-era Ouija board, only time will tell.
Join us as we delve into these captivating legal scenarios, as the legal world never fails to provide a good story, a surprise turn or a thought-provoking debate.