Inside Practice-September 2004

In this E-Mail Newsletter:		Best Sellers New Books Featured Title CLE
NEW PRACTICE INFORMATION
It’s the Thought—and Tax Advantages—that Count Although the advantages of gift giving are not as great as in prior years, there are still several significant tax advantages. There also are several nontax reasons for making gifts.
Protecting Your Clients in a Crisis Welcome to the age of corporate enlightenment, where new levels of stockholder and journalistic inquiry demand heightened responsiveness from in-house counsel. “What did you know and when did you know it” is now the standard by which executives, including in-house counsel, are judged. Be vigilant in spotting issues that may soon become headlines. Follow the ten golden rules.
Forget Writing that Brief: Finish Your Novel Have you always thought you had a legal thriller inside your head? Have you ever finished the latest blockbuster and said, "I could do that"? Well, maybe it's time to join the ranks of Scott Turow and John Grisham. ABA Publishing announces a new fiction series, "Great Stories by Great Lawyers," and the publication of the series debut novel, The Shadow of Justice.
Proper Asset Transfer: A Must with Living Trusts Given the common employment of living trusts, and the valuable purposes they accomplish for estate planning clients and their beneficiaries, it is essential that these trusts contain the assets they are designed to hold. But why is this so critical?
Master the Art of Choosing Policy Limits for Liability Insurance All Lawyers’ Professional Liability (LPL) insurance applications ask the applicant to choose limits of coverage. Although the question may be tucked away in the midst of the application, this is one of the most important decisions that lawyers have to make with regard to purchasing malpractice insurance.
Choosing the appropriate policy limits for a law firm is as much of an art as it is a science. It is, of course, easier to arrive at the correct numbers when the firm is a sole proprietorship, because only the assets and practice of that sole practitioner need to be considered and protected. When the law firm is larger and more complex, however, choosing the appropriate amount of protection will be more difficult and time-consuming.
*Capone’s Number One Enemy: Lawyer and* President** It wasn’t Eliot Ness and the famed Untouchables who sealed the fate of 1920s Chicago crime boss Al Capone. Rather, the crime stopper was lawyer and president . . .
Liability for Wrongful Registration Article 8 of the Uniform Commercial Code holds issuers of securities liable for wrongful registration of transfer under four circumstances. These four circumstances are narrowly drawn to minimize possible disruptions to securities transactions.
Sci-Tech Challenge: Avoid Security Breaches The importance of a comprehensive security plan for any organization or entity cannot be overstated. The first step, though, is to create an enterprising security plan that links with technological, organizational and legal considerations.
LAWYER BIOGRAPHY SERIES
The Lawyer Biography Series, published by the American Bar Association, is a new series about successful lawyers who are visionaries, who inspire, or who are role models—in short, who work to make a positive contribution to society and the legal system.



NEW BOOKS FROM ABA PUBLISHING
Annual Review of Developments in Business and Corporate Litigation, 2004 Edition Business Law Truth in Lending (including 2004 Supplement) Business Law The Shadow of Justice Criminal Justice Section Environmental Aspects of Real Estate and Commercial Transactions, Third Edition Environment, Energy, and Resources and Real Property, Probate and Trust Law The Complete QDRO Handbook, Second Edition Family Law The Business Tax Return Handbook Family Law

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