A few years ago I wrote about the law business. I recognized the positive. The law business can offer socially useful work, the opportunity to succeed on merit, and upward mobility” A bright, diligent, industrious C-student from humble...
PLANNING AND DRAFTING STRATEGIES FOR FAMILY BUSINESS OWNERS (WITH FORMS)
One of the most difficult challenges facing those who advise owners of family businesses is to get them to take the first step in the planning process. Too many advisors present many alternative (and sometimes conflicting) strategies, leading the...
UNDERSTANDING REAL ESTATE ECONOMICS 2020 (WITH EXHIBITS)
A lot has changed in this world since this article was first written. The pandemic has had an enormous effect on commercial real estate, but its longterm impact may not be known for years. Although the pandemic has accelerated change, it has not...
COMMERCIAL LEASE AMENDMENTS IN THE AGE OF COVID-19: MAKING THEM WORK IN EIGHT STEPS
Property owners, tenants, and their attorneys and other advisers have lately spent a lot of time negotiating lease amendments and waivers to give tenants breathing room in today’s COVID-19-driven shutdowns. These negotiations typically deal with...
The Balanced Lawyer
As an ambitious attorney, you’re likely faced with difficult, complex challenges almost daily. When issues snowball into frustrating problems, your stress level is likely to increase, and your professional satisfaction is likely to decrease. Below...
Rainmaking Recommendation #216: What Rainmakers Do Differently Than Other Attorneys
The things that Rainmakers do differently from other attorneys are very simple (but not necessarily easy): Rainmakers have a plan: If you have spent any time following me, you know I am a rabid believer in planning. You wouldn’t take a road...
TIPS FOR NEGOTIATING THE LOAN APPLICATION (WITH FORMS)
Loan applications are an important, but sometimes overlooked, component of the mortgage financing process. A properly drafted loan application, among other things: • Identifies the correct borrower and guarantor (if any) and describes the proposed...
CHANGE IS HARD, BUT HOLDING OVER IS HARDER: TURNING OVER CONTROL OF A COMMUNITY ASSOCIATION (WITH FORMS)
In theory, turning over control of a community association from the developer to the homeowners should be relatively easy. The governing documents advise when transition occurs, the date arrives, and then the developer delivers a bunch of documents...
Advanced Estate Planning Update: Free Course Materials
For more than 25 years, Professor Jeff Pennell and a nationally renowned faculty of estate planning lawyers have been providing a review of significant developments in the estate planning field at our Advanced Estate Planning Practice Update. This...