The law commonly known as the Tax Cuts and Jobs Act of 2017 (the TCJA) amended section 1031 of the Internal Revenue Code of 1986 (Code) to provide that only exchanges of like-kind real property are eligible for deferral of gain. Following this...
DIRECT EXAMINATION: HOW TO DO IT EFFECTIVELY
There have been many articles written about cross examination, but there is not much that covers direct examination. As a result, what I know about direct comes from virtually the only source I have found: the school of hard knocks. And for reasons...
SERVING ON A CORPORATE BOARD: WHAT LAWYERS NEED TO KNOW
Historically, lawyers, especially while still in active legal practice, didn’t serve on corporate boards. Boards typically preferred C-suite executives—whether retired or active—as directors. Attorneys were nonetheless often “in the boardroom” in...
DO THE SECURITIES LAWS APPLY TO SMALL REAL ESTATE DEALS?
Two friends identify an attractive commercial real estate investment. They’ll form a limited liability company (LLC) for the investment and both invest. They’ll also raise more capital from friends and family, a great opportunity for all concerned....
ALI CLE Quick Tips: Microsoft Word
Join Craig Brody for this quick hit information on how to use Microsoft Word! In just over a minute, Craig Brody will walk you through how to use the paragraph numbering feature. https://www.youtube.com/watch?v=50yua0sz0Kc Interested in learning...
Law Day: Celebrating the Role of Law in Our Society
What is Law Day? Law Day, which recognizes and celebrates the role of law as a foundation of the U.S., was proclaimed by President Dwight D. Eisenhower in 1958 and codified by Public Law in 1961. 36 U.S.C.A. § 113§ 113. Law Day,...
FOLLOW THE YELLOW BRICK ROAD — AN ALLEGORY FOR RAINMAKERS
In a very weird walk down the Yellow Brick Road to the Emerald City to ask the Wizard for new clients and matters, members of the executive committee of Gale, Scarecrow, Tinman and Lion, LLP, a 100+ lawyer firm are chanting “Pandemics, Politics,...
DEPOSING DOCTORS: PHRASING QUESTIONS AND CONTROLLING THE TESTIMONY
“If you find yourself in a fair fight, you didn’t plan your mission properly.”Colonel David Hackworth, 1930-2005. Some contrarian legal writers claim leading questions are not practical or especially effective. I disagree. Leading questions—those...
THE TRUTH IS RARELY PURE AND NEVER SIMPLE
The title of this article is from Oscar Wilde’s play, The Importance of Being Earnest (1895). Wilde’s immutable proposition is of great importance to those of us engaged in the adversary system. We are...