Let me tell you about a common scenario I encounter. It’s towards the
end of a bankruptcy consultation and I’ve given my speech regarding the
ins and outs of the bankruptcy process, the difference between chapter 7
and chapter 13
filings, and what not. I ask my potential client if they’ve any further
questions, to which they reply “well, do you think I should file
bankruptcy?”
Let me say upfront that I simply can’t answer this question. I’ll do
my best to supply you’ll all of the bankruptcy knowledge you need, but
in the end this is a decision you must make on your own. Do not get me
wrong, if you let me I’ll talk until blue in the face, weighing your
options and advising you to the best of my ability. But in the end, it’s
ultimately your call.
With that said, I’ve compiled some general points to think about when you’re trying to decide whether or not you should file for bankruptcy protection.
One more interesting thing close to this subject. Have you already
tried to negotiate? Often times, creditors are willing to work with you
by compromising on payment plans or perhaps lowering interest rates. You
say you tried once, and were denied? Call again and speak with someone
new. I’ve found that, when negotiating with creditors, it’s often takes
persistence to accomplish much of anything. However more often than not
creditors are willing to work with you, especially when the account is
in arrears. At the end of the day, they just want to get paid something.
How do your liabilities compare to your assets? It’s especially important when filing chapter 7 bankruptcy that you get an idea of the value of your non-exempt assets as well as your total liabilities. Remember that under chapter 7 bankruptcy
protection, a trustee will liquidate your non-exempt assets to in
partial fulfillment to your creditors. Commonly, bankruptcy will make
the most sense when your debts outweigh the value of these assets.
What is the nature of your debts? Remember that filing bankruptcy
is not a cure all, and that certain categories of debts aren’t
discharged. The most common non-dischargeable debts I see are student
loans, alimony and child support. There are others, so be sure to
address this point with your bankruptcy attorney.
What is the nature of your assets? When filing chapter 7 bankruptcy,
your assets will be categorized as either exempt, and unavailable to the
trustee, or non-exempt, and included as part of the bankruptcy estate.
How do these 2 categories compare in your specific case.
Will you lose your house or car? Remember that you’re only permitted a
maximum amount of exempt equity in various assets including your house
and car. If your present equity exceeds this number, your asset may be
sold to partially repay your creditors.
Are your wages currently being garnished? Bankruptcy might be
indicated if certain creditors have already received judgments against
you and, as a result, your wages are now being garnished. Often times,
filing bankruptcy can suspend wage garnishment and provide immediate
relief in such cases.
Have you been sued? Even if you do not currently have a judgment
against you, bankruptcy may be suggested in situations where it can
prevent a future judgment (see above wage garnishment).
How is your savings distributed? Money present in savings/checking
account is available to the trustee, in order to prevent its entry into
the bankruptcy estate you must spend it down below the allowable
exemption amount. Even so, money distributed among IRAs and 401(k)s is
often protected.
Do you have co-signers on any of your debts? While filing bankruptcy
will remove your liability upon debt discharge, you co-signers may
remain liable. This may influence your decision to file, as your friends
or family members would then be burdened with your debt.
How will you be affected by a negative credit score? Filing
bankruptcy can negatively influence your credit score. But nevertheless,
the decrease in number is often less than expected. This is especially
true if you already have one or more accounts in arrears, which have
been reported to the credit bureaus. Of course, in today’s hostile
lending environment you can expect upwards of a several year period in
which you have difficulty securing loans.
Do you have extra money every month? I always tell my clients that,
if they have not already, they should create a monthly budget. Include
all necessary expenses, but omit your debts and superfluous expenses.
How much is left every month? Is it enough to pay off your debts at the
current interest rates? What about at lower interest rates?
How old are you? How long do you have to rebuild your savings prior
to retirement? It’s no hard and fast rule by any means, but age can
sometimes correlate with the need to file bankruptcy.
How many dependents do you have? I often kind that clients with no
dependents can reduce their monthly expenses and pay dot their debts
more easily than those with dependents. But nevertheless, the median
income level for chapter 7 bankruptcy is based on household size and
thus could determine your eligibility for bankruptcy.
Again, theses aren’t rules set in stone. Instead, they’re simply
points to consider. As always, I recommend you speak with a licensed
bankruptcy attorney and thoroughly discuss all options prior to making a
decision. If you have any questions, feel free to give me a call or
visit my website and take advantage of our live online chat feature.
My name is Christopher H. Ariano and I’m a Phoenix bankruptcy attorney
and managing partner of Ariano & Reppucci, PLLC. We’re a boutique
law firm located in Phoenix, Arizona that focuses on the preparation and
filing of consumer bankruptcy petitions. If you’re in need of an
experienced and dependable Phoenix bankruptcy lawyer, do not hesitate to
contact me today.
The information contained on this web site may provide general legal
information but is not intended to give legal advice or counsel on any
specific legal matter. It doesn’t create an attorney-client relationship
and shouldn’t be relied upon in lieu of legal counsel. The links
provided in this web site are for the information and enjoyment of
on-line readers and don’t constitute an endorsement of products or
services represented there. The hiring of a lawyer is an important
decision and you should consider the information contained on this
Website as well as other factors in making your own decision.
http://ch-bankruptcy.com/should-i-file-bankruptcy/
Ankit Rawal
Legal Transcription And The Benefits Associated With It - By On October 16, 2011·
Legal transcription
is defined as the search of authorized assistance from other law firms
inside or outside the country. The procedure has developed most due to
the need for companies to search for above-board assistance. Other
factors that have had an impact on the processes are the increased use
of internet, improvement of data security network and the development of
new technological features.
Most local law firms have automated their services, enabling them to use the internet features. Development in different countries has also contributed a lot to this process. Clients are now able to access information they require about lawful assistance online. This process also helps to reduce the cost incurred during the search for a good lawyer who can represent then in lawful issues.
One country that has enjoyed success in use of these services is India. This is because the country has adopted English to be used in teaching students in colleges and other learning institutions. The use of this language has led to the country producing some of the best English Language speakers in the world today.
The state also enjoys a high labor force that is dedicated towards service delivery. Majority of these laborers are graduates from colleges and universities, and this makes service delivery even better. Workers employed at the law firms are also graduates with law degrees. This makes the legal system easy to access and improves the service delivery to clients.
Getting legal information outside one legal firm helps in saving the cost involved. The group tries to reduce the total cost incurred by hiring a local representative by half. You also enjoy external experience and talent from other representatives. The organization also tries to reduce the total time involved in the process of getting help from law firms.
This is because all information is stored in the same site, and is available to you every time you need it. The group also helps in the reduction of work pile up in most local firms. This pile up is normally caused by lack of qualified personnel to handle it. The company provides a chance for such forms to join them and enjoy their services.
The group has also helped many local law firms deal with their bulk duties. This is because most of the firms lack adequate qualified staff who can work on the work. The organization provides an opportunity for the forms to register with them, and in turn help them with the work.
Legal process outsourcing has enjoyed success over the recent years. Many people around the world have adopted the idea and have fully utilized the opportunity offered. The process helps on fast delivery of legal assistance whenever needed.
http://www.divorcelawyer.za.net/legal-transcription-and-the-benefits-associated-with-it/
Most local law firms have automated their services, enabling them to use the internet features. Development in different countries has also contributed a lot to this process. Clients are now able to access information they require about lawful assistance online. This process also helps to reduce the cost incurred during the search for a good lawyer who can represent then in lawful issues.
One country that has enjoyed success in use of these services is India. This is because the country has adopted English to be used in teaching students in colleges and other learning institutions. The use of this language has led to the country producing some of the best English Language speakers in the world today.
The state also enjoys a high labor force that is dedicated towards service delivery. Majority of these laborers are graduates from colleges and universities, and this makes service delivery even better. Workers employed at the law firms are also graduates with law degrees. This makes the legal system easy to access and improves the service delivery to clients.
Getting legal information outside one legal firm helps in saving the cost involved. The group tries to reduce the total cost incurred by hiring a local representative by half. You also enjoy external experience and talent from other representatives. The organization also tries to reduce the total time involved in the process of getting help from law firms.
This is because all information is stored in the same site, and is available to you every time you need it. The group also helps in the reduction of work pile up in most local firms. This pile up is normally caused by lack of qualified personnel to handle it. The company provides a chance for such forms to join them and enjoy their services.
The group has also helped many local law firms deal with their bulk duties. This is because most of the firms lack adequate qualified staff who can work on the work. The organization provides an opportunity for the forms to register with them, and in turn help them with the work.
Legal process outsourcing has enjoyed success over the recent years. Many people around the world have adopted the idea and have fully utilized the opportunity offered. The process helps on fast delivery of legal assistance whenever needed.
http://www.divorcelawyer.za.net/legal-transcription-and-the-benefits-associated-with-it/
Outsourcing the Right Things for the Right Reasons: Value From Legal Process Outsourcing (LPO) October 4, 2011 2:36 PM | By -- Danny Ertel, Partner at Vantage Partners
Recently, there has been much debate as to whether legal process
outsourcing (LPO) is a good or bad thing. But much of the debate
neglects to consider that LPO is not just "one thing." To be carried out
successfully, LPO programs have to be "fit for purpose," and as the
objectives to be met are quite different, LPO programs (including
thoughts on what to outsource, to whom, under what terms, and subject to
what governance) must also be different. Law firms, for example, might
think about different kinds of outsourcing to meet very different
objectives: from back office outsourcing aimed at reducing overhead
costs (e.g., IT or Finance activities), or middle office outsourcing
aimed at improving performance or competitiveness (e.g., knowledge
management or business research), to front office outsourcing aimed at
improving the cost effectiveness of delivery models (e.g., document
review or due diligence).
For those of you who are a part of in-house sourcing organizations, thinking about how to help your law departments explore outsourcing, the choices of value propositions (and their implications for selection, negotiation, and governance) are quite different:
http://www.spendmatters.com/index.cfm/2011/10/4/Outsourcing-the-Right-Things-for-the-Right-Reasons-Value-From-Legal-Process-Outsourcing-LPO
For those of you who are a part of in-house sourcing organizations, thinking about how to help your law departments explore outsourcing, the choices of value propositions (and their implications for selection, negotiation, and governance) are quite different:
- Reducing internal headcount by shifting lower-value tasks to an LPO provider (offers limited savings; watch for upfront and governance costs)
- Reducing external spend by shifting activities from outside counsel to an LPO provider (provides greater savings; due diligence and three-way governance are critical)
- Shifting internal resources to more valuable work (enhances law department productivity rather than produces immediate savings; change management is crucial)
- Providing new, previously unaffordable services to the business (brings new services rather than savings; good cultural fit and appropriate incentives are essential)
- Craft an RFP that is "fit for purpose." LPO services are at the more commoditized end of the legal services spectrum, but they are not actually commodities only differentiated by rates. If you ask them to "bid on your spreadsheet," what you get back may have little to do with the law department's objectives. An hour of time from one is not necessarily the equivalent of an hour of time from another, even for services described the same way. A good LPO provider should offer more than just lower cost labor. Their use of technology and effective process management, and the quality of the people they hire and train, will drive differences in quality, productivity, error rates, and more. To help you realize the potential value of outsourcing these activities, make sure your request allows providers to differentiate themselves in ways that matter to your outsourcing objectives.
- Hold their feet to the fire on value. Your process should allow providers to "show off" what differentiates them and still enable you to make some direct comparisons of their pricing and value proposition. Hourly rates may be interesting indicators, but they don't really tell you about value for money; in my experience, the number of hours they estimate the work to require varies more widely than their rates. In one recent engagement, for example, the law department set up a data room with materials from a prior, already-closed transaction and asked providers to use that data room as the common basis for their estimates of what a comparable summarization exercise would cost. Providers were asked not only to come up with an answer, but also to "show their work" so that the evaluation team could understand how they went about developing their estimates and what assumptions went into it.
- Let them know early on that experience matters. There is a steep learning curve in delivering legal support services efficiently and with quality. Providers who cannot convincingly demonstrate that they have had sufficient experience delivering sufficiently similar services should not get your business, and they should know so before they waste their time (and yours). Ask about their experience in concrete terms (e.g., years delivering the service, volumes actually delivered, numbers of FTEs and teams, locations out of which they replicated their processes). Ask for case studies and relevant references. Ask providers to describe how they ascertain the quality of their work and what their data show.
http://www.spendmatters.com/index.cfm/2011/10/4/Outsourcing-the-Right-Things-for-the-Right-Reasons-Value-From-Legal-Process-Outsourcing-LPO
Legal Research Services Posted: Oct 03, 2011 by sbl
Legal research is commonly the process which would help in maintaining
and recovering data and information which would help in making decision
related to legal activities. Many of the law firms and organization gain
support from outside legal support companies in-case of any legal
issues. This process is often referred to as LPO (Legal Process
Outsourcing).
There are many firms working in and across India, which provide legal research services to other firms. To provide this, a deep study on the legal matters is required. Many organizations have a dedicated team working behind this so as to provide timely guidance and service to its clients. Law varies in each country, so to provide this service a deep understanding of the law of that particular country is necessary. Many of the legal process outsourcing organizations offer services in legal research and writing, document review, drafting of pleadings and briefs etc. The organizations providing legal research services are mainly established in countries like India, Canada, US, Latin America, Philippines etc.
Growing litigations, increasing use of technology, increasing compliance procedures have in turn increased the demand for the legal research industry over the time. Legal research service providers are now common in India. With a deep study of the context and the competition in the field, it is easy for an organization to provide services related to legal activities. Providing legal process outsourcing services may seem to be a complicated one, but with a deep understanding and study in the matter, this would be an interesting task. A firm providing legal research service will surely have a team of lawyers working behind this task who will be very keen in understanding the law of a particular country as per the requirement.
Lawyers and the team working to give a solution to the legal related activities often concentrate in reviewing the documents written related to the legal studies. They also focus on drafting up documents related to law. In order to perform this, detailed study and research on the particular matter is required. Many of the reputed organizations across the world provide various legal process outsourcing services.
Most of the organizations outsource this service in order to save cash and time and this is considered as an added on advantage of this service. Most of the outsourcing firms charge less compared to that of an independent attorney. This is the main reason why LPO firms gained popularity within a very short span of time. These firms also assure you the delivery related to the legal document some time and there by it help in saving cash and also time.
http://www.articlesbase.com/national-state-local-articles/legal-research-services-5271393.html
There are many firms working in and across India, which provide legal research services to other firms. To provide this, a deep study on the legal matters is required. Many organizations have a dedicated team working behind this so as to provide timely guidance and service to its clients. Law varies in each country, so to provide this service a deep understanding of the law of that particular country is necessary. Many of the legal process outsourcing organizations offer services in legal research and writing, document review, drafting of pleadings and briefs etc. The organizations providing legal research services are mainly established in countries like India, Canada, US, Latin America, Philippines etc.
Growing litigations, increasing use of technology, increasing compliance procedures have in turn increased the demand for the legal research industry over the time. Legal research service providers are now common in India. With a deep study of the context and the competition in the field, it is easy for an organization to provide services related to legal activities. Providing legal process outsourcing services may seem to be a complicated one, but with a deep understanding and study in the matter, this would be an interesting task. A firm providing legal research service will surely have a team of lawyers working behind this task who will be very keen in understanding the law of a particular country as per the requirement.
Lawyers and the team working to give a solution to the legal related activities often concentrate in reviewing the documents written related to the legal studies. They also focus on drafting up documents related to law. In order to perform this, detailed study and research on the particular matter is required. Many of the reputed organizations across the world provide various legal process outsourcing services.
Most of the organizations outsource this service in order to save cash and time and this is considered as an added on advantage of this service. Most of the outsourcing firms charge less compared to that of an independent attorney. This is the main reason why LPO firms gained popularity within a very short span of time. These firms also assure you the delivery related to the legal document some time and there by it help in saving cash and also time.
http://www.articlesbase.com/national-state-local-articles/legal-research-services-5271393.html
Estimated Trends in Legal Process Outsourcing LPO for 2010 and Beyond September 22, 2011 | Author: kangdede | Posted in Business
Copyright (c) 2009 Jack Lesley Jr
LPO is the hot new trend in the legal field that allows law firms and corporations to obtain operational support and services from outside providers rather than internally. This process has demonstrated huge growth in the past few years within the United States and the UK, and offers a unique path for companies to get the services that they need, including document review, legal research, patent services, and drafting of pleadings and legal briefs.
Countries like India and the Philippines have proven to be very successful in this area, offering their services to anyone who needs them. The main purpose of legal process outsourcing is to cut costs dramatically and have the same quality of work done for less money. So far, it has been a successful endeavor.
What is the future like for LPO? As of July 2009, some of the largest firms in the world are using LPO services to handle their legal needs, but will it hold up? The services offered are very effective and affordable, but what will happen in the years to come? Specifically speaking, the trends for 2010 and beyond in the legal process outsourcing industry are of a key interest. Attorneys and law firms within the U.S. and other major markets often charge $150 -$350 an hour for services like the ones offered by outsourcing entities, which can do the same work at a fraction of the cost. As such, it is estimated that LPO will continue the massive growth, even through the current recession.
The work done by outsourcing services in the legal field is mostly work that is time-consuming and chore-like for the U.S. and UK based firms that seek out these overseas services. Legal process outsourcing providers have the advantage of providing a broad spectrum of services and being exposed to new theories, the best practices, and the latest laws and defenses available because of the work that they do.
Some of the services offered by LPO companies include:
1. Case management, which includes the collection and review of documents, along with providing answers to client questions
2. Legal research, which is time-consuming and laborious for U.S. firms to handle on their own
3. Medical records reviews
4. Billing management
5. Patent services
6. Contract management
7. Expert witness services, including those who serve as witnesses and consultants in various matters and who can provide reports and expert testimony in Federal and State court trials and legal proceedings
Many other tasks that are time consuming and expensive to have done at home are also assigned to these LPO services on a firm-by-firm basis. In some cases, there are limitless possibilities as to what work these companies can provide to law firms and corporations.
Legal process outsourcing is not without its flaws and critics. One of the biggest points of concern for many is the potential confidentiality breaches that can take place. People who are performing these services overseas may or may not be bound to the same ethical standards and code that U.S. and UK based lawyers are subject to, which can cause conflicts of interest. The American Bar Association recently offered its own ethics opinions that laid down a framework that would allow for ethical LPO services across the country and around the world.
While confidentiality is a major concern, it?s going to be a matter of choosing the lesser of two evils in many cases. This might be taking valuable work away from the country?s own lawyers and legal advisors, and it could potentially cause a conflict of interest within the ethics and confidentiality area. However, legal process outsourcing provides many law firms a way to get the services that they need at rates that they can afford, which is often a critical issue in these tumultuous economic times.
The work is cheap, which is why many firms choose this method for their legal needs. The steadily decreasing rates of LPO services in India are a large area of concern, because the quality and value of the services might be in jeopardy if the rates become too low. When the world revolves around getting what is paid for, how can anyone expect quality services when they?re paying next to nothing? Many people claim that they know quality when they see it, but many others feel that talents should reach farther than legal skills and provide U.S. specific and client/service/project specific training.
This service gained its popularity because it was affordable. When clients can get rates of $20 to $50 per hour for various legal services, rather than paying five times that with U.S.-based services, what is there to lose? Over the next few years, the LPO industry is projected to grow exponentially, allowing people to find everything they need outside their own country at a much reduced cost factor.
The legal process outsourcing industry has driven a revenue growth of 495% in 2009 alone. In response to increasing legal demands such as foreclosures and bankruptcies, the industry has been a popular choice for many in recent times. Forrester Research, which is an independent market research and technology company, forecasts that the LPO industry will create more than 79,000 jobs by 2015, all around the world.
A small number of U.S. Census Bureaus also estimated that more than $184 billion in revenue generated by the legal services industry in the U.S. would generate more growth and job creation for legal process outsourcing services and providers.
Another independent market research firm, ValueNotes, estimates that LPO revenues will grow from a projected $640 million in 2010 to more than $4 billion by 2015, which is a big jump in revenues for this fairly new industry. Like many other types of outsourcing that have been practiced by U.S. companies for decades, the LPO industry simply works by taking the ?chore work? that legal firms and services have and sending it to providers that can do it for a much more affordable rate, and still provide the same high quality service and confidentiality that is needed in handling legal paperwork and proceedings.
It seems, due to the current research and projected forecasts, that the estimated trends for legal process outsourcing are quite good. The industry has grown nearly 500% in revenues in 2009 alone, and is projected to be an industry worth well over $4 billion by the year 2015. In a time when everything needs to be affordable, many law firms are looking to hand these various services off to someone who can do them properly, but for much less than professional services offered in the U.S. or the UK.
It is a race to see which firms can perform tasks faster, smarter, and better than others. Law firms are essentially handing off the tedious, chore-like work to services that can perform the work properly and affordably, while maintaining their own abilities to focus on their clients and other more important aspects of their legal firm or corporation. Considering all the new services being developed and the increased popularity of this type of service acquisition, it appears that legal process outsourcing has a very promising outlook for the next five years at least.
http://dvdlcdtv.com/estimated-trends-in-legal-process-outsourcing-lpo-for-2010-and-beyond.html
LPO is the hot new trend in the legal field that allows law firms and corporations to obtain operational support and services from outside providers rather than internally. This process has demonstrated huge growth in the past few years within the United States and the UK, and offers a unique path for companies to get the services that they need, including document review, legal research, patent services, and drafting of pleadings and legal briefs.
Countries like India and the Philippines have proven to be very successful in this area, offering their services to anyone who needs them. The main purpose of legal process outsourcing is to cut costs dramatically and have the same quality of work done for less money. So far, it has been a successful endeavor.
What is the future like for LPO? As of July 2009, some of the largest firms in the world are using LPO services to handle their legal needs, but will it hold up? The services offered are very effective and affordable, but what will happen in the years to come? Specifically speaking, the trends for 2010 and beyond in the legal process outsourcing industry are of a key interest. Attorneys and law firms within the U.S. and other major markets often charge $150 -$350 an hour for services like the ones offered by outsourcing entities, which can do the same work at a fraction of the cost. As such, it is estimated that LPO will continue the massive growth, even through the current recession.
The work done by outsourcing services in the legal field is mostly work that is time-consuming and chore-like for the U.S. and UK based firms that seek out these overseas services. Legal process outsourcing providers have the advantage of providing a broad spectrum of services and being exposed to new theories, the best practices, and the latest laws and defenses available because of the work that they do.
Some of the services offered by LPO companies include:
1. Case management, which includes the collection and review of documents, along with providing answers to client questions
2. Legal research, which is time-consuming and laborious for U.S. firms to handle on their own
3. Medical records reviews
4. Billing management
5. Patent services
6. Contract management
7. Expert witness services, including those who serve as witnesses and consultants in various matters and who can provide reports and expert testimony in Federal and State court trials and legal proceedings
Many other tasks that are time consuming and expensive to have done at home are also assigned to these LPO services on a firm-by-firm basis. In some cases, there are limitless possibilities as to what work these companies can provide to law firms and corporations.
Legal process outsourcing is not without its flaws and critics. One of the biggest points of concern for many is the potential confidentiality breaches that can take place. People who are performing these services overseas may or may not be bound to the same ethical standards and code that U.S. and UK based lawyers are subject to, which can cause conflicts of interest. The American Bar Association recently offered its own ethics opinions that laid down a framework that would allow for ethical LPO services across the country and around the world.
While confidentiality is a major concern, it?s going to be a matter of choosing the lesser of two evils in many cases. This might be taking valuable work away from the country?s own lawyers and legal advisors, and it could potentially cause a conflict of interest within the ethics and confidentiality area. However, legal process outsourcing provides many law firms a way to get the services that they need at rates that they can afford, which is often a critical issue in these tumultuous economic times.
The work is cheap, which is why many firms choose this method for their legal needs. The steadily decreasing rates of LPO services in India are a large area of concern, because the quality and value of the services might be in jeopardy if the rates become too low. When the world revolves around getting what is paid for, how can anyone expect quality services when they?re paying next to nothing? Many people claim that they know quality when they see it, but many others feel that talents should reach farther than legal skills and provide U.S. specific and client/service/project specific training.
This service gained its popularity because it was affordable. When clients can get rates of $20 to $50 per hour for various legal services, rather than paying five times that with U.S.-based services, what is there to lose? Over the next few years, the LPO industry is projected to grow exponentially, allowing people to find everything they need outside their own country at a much reduced cost factor.
The legal process outsourcing industry has driven a revenue growth of 495% in 2009 alone. In response to increasing legal demands such as foreclosures and bankruptcies, the industry has been a popular choice for many in recent times. Forrester Research, which is an independent market research and technology company, forecasts that the LPO industry will create more than 79,000 jobs by 2015, all around the world.
A small number of U.S. Census Bureaus also estimated that more than $184 billion in revenue generated by the legal services industry in the U.S. would generate more growth and job creation for legal process outsourcing services and providers.
Another independent market research firm, ValueNotes, estimates that LPO revenues will grow from a projected $640 million in 2010 to more than $4 billion by 2015, which is a big jump in revenues for this fairly new industry. Like many other types of outsourcing that have been practiced by U.S. companies for decades, the LPO industry simply works by taking the ?chore work? that legal firms and services have and sending it to providers that can do it for a much more affordable rate, and still provide the same high quality service and confidentiality that is needed in handling legal paperwork and proceedings.
It seems, due to the current research and projected forecasts, that the estimated trends for legal process outsourcing are quite good. The industry has grown nearly 500% in revenues in 2009 alone, and is projected to be an industry worth well over $4 billion by the year 2015. In a time when everything needs to be affordable, many law firms are looking to hand these various services off to someone who can do them properly, but for much less than professional services offered in the U.S. or the UK.
It is a race to see which firms can perform tasks faster, smarter, and better than others. Law firms are essentially handing off the tedious, chore-like work to services that can perform the work properly and affordably, while maintaining their own abilities to focus on their clients and other more important aspects of their legal firm or corporation. Considering all the new services being developed and the increased popularity of this type of service acquisition, it appears that legal process outsourcing has a very promising outlook for the next five years at least.
http://dvdlcdtv.com/estimated-trends-in-legal-process-outsourcing-lpo-for-2010-and-beyond.html
Avail Chapter 13 bankruptcy plan to save your home by massachusetts on Thursday, September 22nd, 2011
Each one of us wants to lead a debt free life but most of the times
that is not possible because of increasing number of people using credit
cards, shopping around for the latest technologies and in the process
spending on anything and everything as if there is no end. Under such a
scenario if there is sudden change in ones financial circumstance or
some major crisis strikes the individual, the repercussion falls
directly on the financial stature of the individual. Gradually the
amount of debt increases and the person does not have any option other
than filing for bankruptcy process to free him of excessive debt. One
can file chapter 7 bankruptcy petitions or opt for chapter 13 bankruptcy
payment.
Chapter 7 Bankruptcy Petition: A person filing for chapter 7 bankruptcy petition in the court will be absolved of all his debts once all his assets are turned over to a trustee who in turn sells off all the assets to distribute the amount between creditors. The creditors cannot come back to the debtor for further claims once the trustee has allocated a percentage of the proceeds of the person.
Chapter 13 Bankruptcy Petition: When a person files a petition in the court for chapter 13 bankruptcy, it requires him to chalk out a plan of action first and then disclose how he is planning to pay off his debts as per the rules under chapter 13 bankruptcy payment. The person can repay his debt from his income for a maximum period of 5 years but firstly the creditors, trustee and the court will have to agree to the schedule of repayment. Filing for chapter 13 bankruptcy stopped foreclosure hence enabling you to save your home. Many people opt for chapter 13 bankruptcy foreclosure plan as that helps them to retain their home, car or any other important asset.
However, before filing for the bankruptcy process one needs to be enlightened about certain facts so that hidden clauses do not come as surprises and the person is fully aware about his petition and the pros and cons attached with it. Let’s take a look at a few of the facts while filing personal bankruptcy.
When a person is allowed to file for personal bankruptcy under chapter 7 bankruptcy law, he will need to liquidate his assets to a trustee. However, in certain countries they may be allowed to keep certain property which is necessary for their survival. Property such as furniture, clothes, vehicles, a home, medical and dental necessities and in some cases insurance as well.
An individual can opt for chapter 7 bankruptcy petition for the next six years from the date of the first petition. In the case of filing chapter 13 bankruptcy payment, one can do it many times and at any point in time.
There are certain fees levied to individuals when they decide to file for bankruptcy. For chapter 7 bankruptcy filing fees is normally around 0 while for chapter 13 bankruptcy payment it is 5. The court does not charge higher for joint petitions.
There are certain debts which cannot be waived off as a part of the bankruptcy filing procedure. These include mortgages, loans acquired through fraudulent means, student loans, alimony and child support, taxes, large purchases of around more than 0 within 90 days of filing petition cash advances of around 5 within 70 days of filing bankruptcy and so on.
Attending the 341 court meeting where all the creditors gather to hear your case is a must. This meeting takes place normally after a month of filing the petition.
Summary:
Filing for personal bankruptcy leads to a debt free scenario and it also stops creditors from harassing the individual under financial crisis. The trustee takes care of all your repayments after liquidating your non-exempt assets and hence, all you need to be careful of is the technical nuances of the legal proceedings which should not include irrelevant details under the bankruptcy process.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on chapter 7 bankruptcy Information , chapter 13 bankruptcy rules and other bankruptcy related issues.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-7-bankruptcy.php”>chapter 7 bankruptcy Information</a>, <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-13-bankruptcy.php”>chapter 13 bankruptcy rules</a> and other bankruptcy related issues.
http://www.divorce-attorney-news.com/massachusetts/filing-for-divorce/avail-chapter-13-bankruptcy-plan-to-save-your-home/
Chapter 7 Bankruptcy Petition: A person filing for chapter 7 bankruptcy petition in the court will be absolved of all his debts once all his assets are turned over to a trustee who in turn sells off all the assets to distribute the amount between creditors. The creditors cannot come back to the debtor for further claims once the trustee has allocated a percentage of the proceeds of the person.
Chapter 13 Bankruptcy Petition: When a person files a petition in the court for chapter 13 bankruptcy, it requires him to chalk out a plan of action first and then disclose how he is planning to pay off his debts as per the rules under chapter 13 bankruptcy payment. The person can repay his debt from his income for a maximum period of 5 years but firstly the creditors, trustee and the court will have to agree to the schedule of repayment. Filing for chapter 13 bankruptcy stopped foreclosure hence enabling you to save your home. Many people opt for chapter 13 bankruptcy foreclosure plan as that helps them to retain their home, car or any other important asset.
However, before filing for the bankruptcy process one needs to be enlightened about certain facts so that hidden clauses do not come as surprises and the person is fully aware about his petition and the pros and cons attached with it. Let’s take a look at a few of the facts while filing personal bankruptcy.
When a person is allowed to file for personal bankruptcy under chapter 7 bankruptcy law, he will need to liquidate his assets to a trustee. However, in certain countries they may be allowed to keep certain property which is necessary for their survival. Property such as furniture, clothes, vehicles, a home, medical and dental necessities and in some cases insurance as well.
An individual can opt for chapter 7 bankruptcy petition for the next six years from the date of the first petition. In the case of filing chapter 13 bankruptcy payment, one can do it many times and at any point in time.
There are certain fees levied to individuals when they decide to file for bankruptcy. For chapter 7 bankruptcy filing fees is normally around 0 while for chapter 13 bankruptcy payment it is 5. The court does not charge higher for joint petitions.
There are certain debts which cannot be waived off as a part of the bankruptcy filing procedure. These include mortgages, loans acquired through fraudulent means, student loans, alimony and child support, taxes, large purchases of around more than 0 within 90 days of filing petition cash advances of around 5 within 70 days of filing bankruptcy and so on.
Attending the 341 court meeting where all the creditors gather to hear your case is a must. This meeting takes place normally after a month of filing the petition.
Summary:
Filing for personal bankruptcy leads to a debt free scenario and it also stops creditors from harassing the individual under financial crisis. The trustee takes care of all your repayments after liquidating your non-exempt assets and hence, all you need to be careful of is the technical nuances of the legal proceedings which should not include irrelevant details under the bankruptcy process.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on chapter 7 bankruptcy Information , chapter 13 bankruptcy rules and other bankruptcy related issues.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-7-bankruptcy.php”>chapter 7 bankruptcy Information</a>, <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-13-bankruptcy.php”>chapter 13 bankruptcy rules</a> and other bankruptcy related issues.
http://www.divorce-attorney-news.com/massachusetts/filing-for-divorce/avail-chapter-13-bankruptcy-plan-to-save-your-home/
Exactly what you need to be familiar with litigation.September 5, 2011 by Kris
Litigation is the act or steps involved in getting or contesting a
legal activity to court. We have to create a review of the routines for
anybody that happen to be unclear about the operation of litigation.
Quite simply Litigation will be the disputation or even conflict before a court or perhaps a lawsuit
.Each time a negotiation as well as agreement is unable to be reached the dispute could eventually be heard and decided using a judge and jury in a courtroom environment.
Litigation is a opportinity for manufacturers and people to settle an array of disputes as a result of an assortment of factual circumstances.
There are numerous sets of situations that can be solved with for example Banking, finance and mortgage litigation, Commercial disputes,professional negligence and injunctions.
Banking and finance litigation may be a significant a natural part of many solicitor firms, who can act for the banking and finance groups on concerns concerning guarantee, business banking and invoice discounting and factoring recovery work.
Firms and folks might be advised in relation to their liability to banks and companies associated with loaning money which includes dwelling loans etc.
Business oriented quarrels really are yet another area that solicitors manage on a regular basis.
arewell geared up for dealing with predicaments that become complex factually, legally and will without a doubt involve a large variety of documents.
Most firms will offer services aimed at solutions and should happily recommend alternate dispute resolution such as mediation whenever possible. However some disputes simply cannot be resolved without a court decision in these circumstances
Most suppliers should have a robust record of trial success in high as well as county court.
Throughout the process of dispute resolution either through negotiation or litigation you need to make sure that you then become frequently well informed of the current situation.
Professional negligence is another very hot spot for litigation. Virtually all lawyers organizations will operate for individuals and businesses claiming negligence against professionals. Notably Solicitors, surveyors and accountants.
For instance if Your money specialist neglected to give proper advice on the risks of an investment decision which led to a loss or you received inappropriate tax information which led to a loss of cash.For those who have a claim made towards you ,a solicitors firm will be able to assist and advise you on which things to do.
Claims might be followed to court but are in the end the suitable resolution involves possible settlement deal in early development and remaining outside of the courtroom.
Injunctions usually are another style of litigation provided by solicitors, People today ordinarily associate them with restraining orders which happens to be essentially correct.
There are several features to the service. For example if you are a recipient of a extremely violent felony or possibly have been bothered by a significant other.
This is when you can aquire a court injunction to protect from this unique behavior. You can even obtain non-molestation injunction to prohibit a man or woman from being verbally or psychologically threatening towards you.
Preferably this has offered an insight straight into litigation services. I like to recommend doing a search online for local solicitors to search out relevant services within driving distance.
Making use of search engines a simple search for solicitor Salisbury or solicitor Andover provides me with a broad overview of solicitor services within the south of England near to where I live.
I recommend very similar activity based on your own local area using solicitors, such as solicitors Salisbury orterms and solutions you need such as litigation Salisbury for myself or any other service related words .
http://internetincomesecretsrevealed.com/?p=3162
Quite simply Litigation will be the disputation or even conflict before a court or perhaps a lawsuit
.Each time a negotiation as well as agreement is unable to be reached the dispute could eventually be heard and decided using a judge and jury in a courtroom environment.
Litigation is a opportinity for manufacturers and people to settle an array of disputes as a result of an assortment of factual circumstances.
There are numerous sets of situations that can be solved with for example Banking, finance and mortgage litigation, Commercial disputes,professional negligence and injunctions.
Banking and finance litigation may be a significant a natural part of many solicitor firms, who can act for the banking and finance groups on concerns concerning guarantee, business banking and invoice discounting and factoring recovery work.
Firms and folks might be advised in relation to their liability to banks and companies associated with loaning money which includes dwelling loans etc.
Business oriented quarrels really are yet another area that solicitors manage on a regular basis.
arewell geared up for dealing with predicaments that become complex factually, legally and will without a doubt involve a large variety of documents.
Most firms will offer services aimed at solutions and should happily recommend alternate dispute resolution such as mediation whenever possible. However some disputes simply cannot be resolved without a court decision in these circumstances
Most suppliers should have a robust record of trial success in high as well as county court.
Throughout the process of dispute resolution either through negotiation or litigation you need to make sure that you then become frequently well informed of the current situation.
Professional negligence is another very hot spot for litigation. Virtually all lawyers organizations will operate for individuals and businesses claiming negligence against professionals. Notably Solicitors, surveyors and accountants.
For instance if Your money specialist neglected to give proper advice on the risks of an investment decision which led to a loss or you received inappropriate tax information which led to a loss of cash.For those who have a claim made towards you ,a solicitors firm will be able to assist and advise you on which things to do.
Claims might be followed to court but are in the end the suitable resolution involves possible settlement deal in early development and remaining outside of the courtroom.
Injunctions usually are another style of litigation provided by solicitors, People today ordinarily associate them with restraining orders which happens to be essentially correct.
There are several features to the service. For example if you are a recipient of a extremely violent felony or possibly have been bothered by a significant other.
This is when you can aquire a court injunction to protect from this unique behavior. You can even obtain non-molestation injunction to prohibit a man or woman from being verbally or psychologically threatening towards you.
Preferably this has offered an insight straight into litigation services. I like to recommend doing a search online for local solicitors to search out relevant services within driving distance.
Making use of search engines a simple search for solicitor Salisbury or solicitor Andover provides me with a broad overview of solicitor services within the south of England near to where I live.
I recommend very similar activity based on your own local area using solicitors, such as solicitors Salisbury orterms and solutions you need such as litigation Salisbury for myself or any other service related words .
http://internetincomesecretsrevealed.com/?p=3162
Offshore Outsourcing -- September 5, 2011
Offshore outsourcing implies outsourcing your work to a person who is away from your coast. The concept of offshore outsourcing is that the consumer and producer of the will be in two different countries.
You can exploit the vast resources in the developed countries with the help of offshore outsourcing. This is the major reason for the attraction of organizations towards this service.
Developing countries attracts the developed countries by providing excellent services which are inexpensive. The cost of manpower, quality of the service and infrastructure forms the major factor that attracts the country as an offshore outsourcing resource site. Business environment and laws in the source location also forms a major factor in the selection criteria of the resource country.
Offshore outsourcing includes knowledge process outsourcing (KPO), business process outsourcing (BPO), legal process outsourcing (LPO), offshore software outsourcing etc. Outsourcing to the developing countries like India, Nepal and
China are found to be beneficial to the industries all over the world.
Lack of capital to set up the infrastructure forms the major reason for
the developing countries to sign for the outsourcing process. Developing countries have enough human resource but lack capital.
The offshore organizations hire their own professional and man resources to the outsource provider. The offshore outsourcing also helps in laying the organization roots in the foreign countries.
The offshore outsourcing increases the competitive spirit among the business organizations. This also increases the profit of the organization by inputting a less resource. The organizations that provide the service are known as the clients and the one who accept the service is known as the vendors or service providers.
Large numbers of organizations are now coming forward for offshore outsourcing to increase the organizational advantage. Every firm irrespective of their size takes on various business activities to reach in the committed target. Business firm cease the process when the output they receive from the service is not satisfactory. They may also sometimes contact with other entities.
http://informeveryone.com/business/outsourcing/offshore-outsourcing/
You can exploit the vast resources in the developed countries with the help of offshore outsourcing. This is the major reason for the attraction of organizations towards this service.
Developing countries attracts the developed countries by providing excellent services which are inexpensive. The cost of manpower, quality of the service and infrastructure forms the major factor that attracts the country as an offshore outsourcing resource site. Business environment and laws in the source location also forms a major factor in the selection criteria of the resource country.
The offshore organizations hire their own professional and man resources to the outsource provider. The offshore outsourcing also helps in laying the organization roots in the foreign countries.
The offshore outsourcing increases the competitive spirit among the business organizations. This also increases the profit of the organization by inputting a less resource. The organizations that provide the service are known as the clients and the one who accept the service is known as the vendors or service providers.
Large numbers of organizations are now coming forward for offshore outsourcing to increase the organizational advantage. Every firm irrespective of their size takes on various business activities to reach in the committed target. Business firm cease the process when the output they receive from the service is not satisfactory. They may also sometimes contact with other entities.
http://informeveryone.com/business/outsourcing/offshore-outsourcing/
Outsourcing, Know the Significance August 2, 2011 by Guest Author
Outsourcing has its own impact and none can defy this fact… Expanding
feet of technologies and globalization have simplified the business and
now no one hesitates in outsourcing his/her work to other. Outsourcing
has increased the workspace as well as the cost effectiveness.
However outsourcing made impacts on entire world, it became a special benefit for developing countries, such as, India, Brazil etc. Nowadays, there are many multinationals, which are outsourcing their needs to companies located in these countries.
Such advantages unexpectedly enhanced the significance of outsourcing in the business world and accordingly, today almost every business has its backbone in the form of outsourcing or farming out of services.
Basically, outsourcing services is a development of the traditional style of business management, which includes diversified version of business contract out. In outsourcing processes, a company works with a clear understanding of needs and its proper execution. It helps a company in garnering worthy solutions as well as availing it on a much-reduced cost. It is considered an aggressive mode of business process. Also known as BPO (Business Process Outsourcing), it involves farming out of Information Technology, Tech Support, Assistance service and many more facilities
Business processing has its different arms in terms of Legal Process Outsourcing and Knowledge Process Outsourcing
• Outsourced working style has completely changed delivery procedure; though contracting out of work has much to deal with accuracy and efficiency, now companies are proffering solutions that are done with dedication.
• Outsourcing of services also helps you in availing expert and skilled services and getting a facility that is specifically designed by an expert. As an instance, if you are needing a solution with exceptional efficiency, you can outsource your need to a Subject Matter Expert and get the service you are looking for.
• Outsourcing also helps you in enjoying the latest trend of business, as to offer satisfaction to clients; companies keep adapting the latest form of working style and offer the service accordingly. It helps you in enjoying a service that is ahead of the time as well as efficient. So, if looking for a much professional service, outsource your need.
Author is talking about most impactful internet marketing services like online email marketing, seo services, article marketing, blog promotions and many more.
http://iblogaholic.com/38218/outsourcing-know-the-significance/
However outsourcing made impacts on entire world, it became a special benefit for developing countries, such as, India, Brazil etc. Nowadays, there are many multinationals, which are outsourcing their needs to companies located in these countries.
Such advantages unexpectedly enhanced the significance of outsourcing in the business world and accordingly, today almost every business has its backbone in the form of outsourcing or farming out of services.
Basically, outsourcing services is a development of the traditional style of business management, which includes diversified version of business contract out. In outsourcing processes, a company works with a clear understanding of needs and its proper execution. It helps a company in garnering worthy solutions as well as availing it on a much-reduced cost. It is considered an aggressive mode of business process. Also known as BPO (Business Process Outsourcing), it involves farming out of Information Technology, Tech Support, Assistance service and many more facilities
Business processing has its different arms in terms of Legal Process Outsourcing and Knowledge Process Outsourcing
• Outsourced working style has completely changed delivery procedure; though contracting out of work has much to deal with accuracy and efficiency, now companies are proffering solutions that are done with dedication.
• Outsourcing of services also helps you in availing expert and skilled services and getting a facility that is specifically designed by an expert. As an instance, if you are needing a solution with exceptional efficiency, you can outsource your need to a Subject Matter Expert and get the service you are looking for.
• Outsourcing also helps you in enjoying the latest trend of business, as to offer satisfaction to clients; companies keep adapting the latest form of working style and offer the service accordingly. It helps you in enjoying a service that is ahead of the time as well as efficient. So, if looking for a much professional service, outsource your need.
Author is talking about most impactful internet marketing services like online email marketing, seo services, article marketing, blog promotions and many more.
http://iblogaholic.com/38218/outsourcing-know-the-significance/
Two Surveys Confirm Social Media in eDiscovery Has Reached Tipping Point
As the saying goes, “I’ve seen the future and the future is now.” This was my first reaction after analyzing two recent surveys regarding social media and eDiscovery. The first one was from Clearwell (now a part of Symantec) and the Enterprise Strategy Group, entitled: “Trends in E-Discovery: Cloud and Collection.” Beyond examining cloud issues it also queried respondents about the growing impact of social media on electronic discovery. While many of the responses struck me as intuitive, I was taken by the fact that we seem to have crossed over the chasm of social media to the point that this content simply cannot be ignored any longer. For ages, and perhaps some still today, email was the 800 pound gorilla in the eDiscovery context, often to the dangerous exclusion of other forms of electronically stored information (ESI).
But, in 2011 we’ve now reached the tipping point – with 58 percent of respondents of the ESG survey expecting to manage social media applications as part of eDiscovery, more than double the 27 percent who did so in 2010. That’s not only a massive increase in one year, but it also moves social media from a fringe element to a mainstream source of ESI. When asked what types of social media applications would be the most relevant for eDiscovery, 79 percent of survey respondents named Facebook, followed by Twitter (64 percent) and LinkedIn (55 percent).
Similarly (and coincidentally), Applied Research and Symantec (who just acquired Clearwell) queried 1,225 senior enterprise IT professionals around the world in a Social Media Flash Poll. In one of the main findings, the Flash Poll found that social media is extremely ubiquitous in the enterprise environment, with 45 percent of respondents using it for personal uses and 42 percent using it for business reasons. Rating highly were a number of disparate social media devices including blogs, multimedia sharing, business forums and, of course, social networking – both personal (e.g., Facebook) and business (e.g., LinkedIn).
The impact on eDiscovery, while somewhat obvious, is nevertheless a significant challenge for many enterprises. Initially, the increased use of social media intrinsically means that email isn’t likely to be the sole source of responsive information pertaining to a lawsuit (or governmental inquiry). While this hasn’t really been the case for a while, it’s time for the attorneys scoping eDiscovery matters to face facts and abandon old school notions that email axiomatically equals eDiscovery. For good or ill, our world of potentially responsive ESI simply isn’t that homogenous.
The Flash Poll also honed in on how this increased use of social media is impacting IT professionals. While information governance concepts (compliance with regulations and retention polices – both at 45 percent) rated higher on their risk index, the management of eDiscovery was still a significant (and growing) concern at 37 percent. And, while IT folks are increasingly concerned, it’s safe to say that their attorney counterparts (who have a heightened sense of risk profiling) are even more worried about the impact of social media on the already complex eDiscovery process.
So, what can be done in the face of this changing eDiscovery landscape that used to be dominated by email? First and foremost, it’s imperative to understand your unique regulatory and legal requirements. This facilitates the mapping of new social media technologies and content to the requisite policies that address data mapping and the retention of social media content, either in a proactive sense (i.e., archiving) or in a reactive sense (i.e., litigation hold).
As Glenn Close frighteningly said in her 1987 thriller, Fatal Attraction, “I will not be ignored.” That warning fits the entire social media genre as it relates to eDiscovery in 2011. And, just like ignoring Glenn Close, failing to pay proper attention to social media is done at significant peril to both IT professionals and attorneys alike.
http://www.clearwellsystems.com/e-discovery-blog/
But, in 2011 we’ve now reached the tipping point – with 58 percent of respondents of the ESG survey expecting to manage social media applications as part of eDiscovery, more than double the 27 percent who did so in 2010. That’s not only a massive increase in one year, but it also moves social media from a fringe element to a mainstream source of ESI. When asked what types of social media applications would be the most relevant for eDiscovery, 79 percent of survey respondents named Facebook, followed by Twitter (64 percent) and LinkedIn (55 percent).
Similarly (and coincidentally), Applied Research and Symantec (who just acquired Clearwell) queried 1,225 senior enterprise IT professionals around the world in a Social Media Flash Poll. In one of the main findings, the Flash Poll found that social media is extremely ubiquitous in the enterprise environment, with 45 percent of respondents using it for personal uses and 42 percent using it for business reasons. Rating highly were a number of disparate social media devices including blogs, multimedia sharing, business forums and, of course, social networking – both personal (e.g., Facebook) and business (e.g., LinkedIn).
The impact on eDiscovery, while somewhat obvious, is nevertheless a significant challenge for many enterprises. Initially, the increased use of social media intrinsically means that email isn’t likely to be the sole source of responsive information pertaining to a lawsuit (or governmental inquiry). While this hasn’t really been the case for a while, it’s time for the attorneys scoping eDiscovery matters to face facts and abandon old school notions that email axiomatically equals eDiscovery. For good or ill, our world of potentially responsive ESI simply isn’t that homogenous.
The Flash Poll also honed in on how this increased use of social media is impacting IT professionals. While information governance concepts (compliance with regulations and retention polices – both at 45 percent) rated higher on their risk index, the management of eDiscovery was still a significant (and growing) concern at 37 percent. And, while IT folks are increasingly concerned, it’s safe to say that their attorney counterparts (who have a heightened sense of risk profiling) are even more worried about the impact of social media on the already complex eDiscovery process.
So, what can be done in the face of this changing eDiscovery landscape that used to be dominated by email? First and foremost, it’s imperative to understand your unique regulatory and legal requirements. This facilitates the mapping of new social media technologies and content to the requisite policies that address data mapping and the retention of social media content, either in a proactive sense (i.e., archiving) or in a reactive sense (i.e., litigation hold).
As Glenn Close frighteningly said in her 1987 thriller, Fatal Attraction, “I will not be ignored.” That warning fits the entire social media genre as it relates to eDiscovery in 2011. And, just like ignoring Glenn Close, failing to pay proper attention to social media is done at significant peril to both IT professionals and attorneys alike.
http://www.clearwellsystems.com/e-discovery-blog/
Bankruptcy Auctions – Considerations of Forbearance in Bankruptcy -- by constancio9 on Sunday, July 17th, 2011
Forbearance in bankruptcy means that a person has
entered into a deferred payment plan with a lender prior to filing a
bankruptcy petition. Forbearance agreements allow borrowers to skip loan
payments for a specific period of time. Lenders cannot commence with
repossession or collection while the plan is effective unless borrowers
default on the terms.
Chapter 13 payments, one of two things will occur. Creditors can seek bankruptcy dismissal or the judge can transfer the bankruptcy into Chapter 7.
Known as liquidation bankruptcy, Chapter 7 requires property used as collateral to secure loans be returned or sold to satisfy the note. This means borrowers will lose their home, car, and anything else they have financed.
When bankruptcy petitions are dismissed debtors fail out of bankruptcy and lose court protection. Creditors can take action to claim collateral property or borrowed funds. This can result in repossession, wage garnishment, or creditor judgments.
There is a high probability for foreclosure when debtors enter into forbearance in bankruptcy and default on court ordered payments. This will also be a double-whammy to credit reports.
Not only will the bankruptcy be reflected for 7 to 10 years, debtors will also carry the dark credit cloud of foreclosure. This combo will be a total knock-out for credit scores and take years to rebound.
While bankruptcy can cause extreme credit damage there are times when it must be done. It’s always best to obtain legal counsel, but even more so when forbearance in bankruptcy is involved.
http://bankruptcy-auctions.mysurefinance.com/211/bankruptcy-auctions-considerations-of-forbearance-in-bankruptcy/
Chapter 13 payments, one of two things will occur. Creditors can seek bankruptcy dismissal or the judge can transfer the bankruptcy into Chapter 7.
Known as liquidation bankruptcy, Chapter 7 requires property used as collateral to secure loans be returned or sold to satisfy the note. This means borrowers will lose their home, car, and anything else they have financed.
When bankruptcy petitions are dismissed debtors fail out of bankruptcy and lose court protection. Creditors can take action to claim collateral property or borrowed funds. This can result in repossession, wage garnishment, or creditor judgments.
There is a high probability for foreclosure when debtors enter into forbearance in bankruptcy and default on court ordered payments. This will also be a double-whammy to credit reports.
Not only will the bankruptcy be reflected for 7 to 10 years, debtors will also carry the dark credit cloud of foreclosure. This combo will be a total knock-out for credit scores and take years to rebound.
While bankruptcy can cause extreme credit damage there are times when it must be done. It’s always best to obtain legal counsel, but even more so when forbearance in bankruptcy is involved.
http://bankruptcy-auctions.mysurefinance.com/211/bankruptcy-auctions-considerations-of-forbearance-in-bankruptcy/
Bankruptcy Fraud is A Fast Track to Court
Many Americans are struggling with overwhelming credit debt in
today’s economy. Those who have suffered severe circumstances find
themselves without the means to pay for their debt. Job loss, divorce
and endless medical bills leave hard-working people stuck in difficult
times. Bankruptcy is one option that may help people alleviate their
debt, protect their assets from creditors and regain control over their
finances. Although bankruptcy laws are fairly lenient when it comes to
protecting the debtor’s assets, many people abuse the system and commit
bankruptcy fraud in efforts to protect their assets.
Hiding one’s assets and making false statements on a bankruptcy petition account for the majority of bankruptcy fraud. The two main forms of bankruptcy fraud are:
: is a type of bankruptcy fraud where an individual withholds or incorrectly lists all assets on the bankruptcy petition. Creditors can only attempt to seize assets that are made known and, by withholding the existence of assets, the debtor may be able to prevent a creditor from liquidating their assets. This type of bankruptcy is common among businesses, where assets may be hidden or dispersed in efforts to protect them from seizure.
: is a type of bankruptcy fraud in which individuals file a bankruptcy claim in more than one state. The same assets are listed on the multiple bankruptcy petitions and individuals may attempt to conceal some assets by withholding their information on the claim forms. Some individuals also use fake name and social security numbers in attempt to fraudulently file claims.
Bankruptcy fraud can take many forms, all of which can result in serious consequences for the offender and have a devastating impact on our tax system. The negative impact of bankruptcy fraud affects how the public views bankruptcy laws and the reputation of honest individuals looking for debt assistance through a difficult time.
Bankruptcy fraud isn’t limited to a devious criminal with a checkered past, anyone is capable of committing fraud. A recent example is former MLB player Lenny Dysktra, who was indicted in early May for bankruptcy fraud. Dykstra is accused of stealing and ruining 0,000 worth of marble countertops, appliances, and fixtures in his million home in Los Angeles, before it could be liquidated to repay creditors. If convicted, Lenny Dysktra could serve up to 80 years in prison.
Punishment for Offenders
Bankruptcy fraud is not resolved without a price, as the crime is considered a criminal offense. It is considered a felony and is prosecuted to the fullest extent of the law. In efforts to protect the current leniency that is provided by the State and Federal bankruptcy laws, the court system is out to make an example of bankruptcy fraud offenders.
The bankruptcy petition filed by the offender will be denied and debt dismissal or reorganization requests will not be granted. Additionally, offenders will be required to forfeit all of their assets and will be denied opportunity to claim liquidation exemptions. Convicted offenders can also face jail time and are usually required to pay restitution fees up to hundreds of thousands of dollars.
For more information visit us at http://leebankruptcy.com/
http://ezinearticles.com/?Bankruptcy-Fraud-Is-A-Fast-Track-to-Court&id=6286969
Hiding one’s assets and making false statements on a bankruptcy petition account for the majority of bankruptcy fraud. The two main forms of bankruptcy fraud are:
: is a type of bankruptcy fraud where an individual withholds or incorrectly lists all assets on the bankruptcy petition. Creditors can only attempt to seize assets that are made known and, by withholding the existence of assets, the debtor may be able to prevent a creditor from liquidating their assets. This type of bankruptcy is common among businesses, where assets may be hidden or dispersed in efforts to protect them from seizure.
: is a type of bankruptcy fraud in which individuals file a bankruptcy claim in more than one state. The same assets are listed on the multiple bankruptcy petitions and individuals may attempt to conceal some assets by withholding their information on the claim forms. Some individuals also use fake name and social security numbers in attempt to fraudulently file claims.
Bankruptcy fraud can take many forms, all of which can result in serious consequences for the offender and have a devastating impact on our tax system. The negative impact of bankruptcy fraud affects how the public views bankruptcy laws and the reputation of honest individuals looking for debt assistance through a difficult time.
Bankruptcy fraud isn’t limited to a devious criminal with a checkered past, anyone is capable of committing fraud. A recent example is former MLB player Lenny Dysktra, who was indicted in early May for bankruptcy fraud. Dykstra is accused of stealing and ruining 0,000 worth of marble countertops, appliances, and fixtures in his million home in Los Angeles, before it could be liquidated to repay creditors. If convicted, Lenny Dysktra could serve up to 80 years in prison.
Punishment for Offenders
Bankruptcy fraud is not resolved without a price, as the crime is considered a criminal offense. It is considered a felony and is prosecuted to the fullest extent of the law. In efforts to protect the current leniency that is provided by the State and Federal bankruptcy laws, the court system is out to make an example of bankruptcy fraud offenders.
The bankruptcy petition filed by the offender will be denied and debt dismissal or reorganization requests will not be granted. Additionally, offenders will be required to forfeit all of their assets and will be denied opportunity to claim liquidation exemptions. Convicted offenders can also face jail time and are usually required to pay restitution fees up to hundreds of thousands of dollars.
For more information visit us at http://leebankruptcy.com/
Christopher understands that financial hardships can affect honest,
hard-working people. Growing up in a very blue collar family and rural
area of Indiana , money didn’t always come easy for his parents. The
struggles his family faced in his childhood made a significant
impression on his business philosophy today. As a Fort Worth bankruptcy attorney this practice has given me the opportunity to directly impact the lives of many people.
For more information visit us at http://leebankruptcy.com/
For more information visit us at http://leebankruptcy.com/
http://ezinearticles.com/?Bankruptcy-Fraud-Is-A-Fast-Track-to-Court&id=6286969
Personal Injury Attorneys: 7 Good Reasons Why It's Best To Get One By Lisa Blackstone
Having to deal with a serious injury can be damaging. Once an injury occurs, there is almost no time to ensure that the injury can be corrected before time ends. Listed here are 7 reasons why you should hire an attorney should you have been in an accident. Understanding these 7 points can help you if you have been in an accident or experience one down the road!
1. Satisfaction. When you hire a professional and experienced personal injury attorney, you rid yourself from the worry, hassle and research that would have to be done to try and represent yourself. Knowing that you're well cared for will grant you comfort.
2. Years of Study Assisting You. Trying to find out all of the legal jargon important to accurately handle a personal injury case takes years, and quite often decades. The law is an ever-changing animal, and personal injury attorneys must stay informed with research and knowledge to make sure your case is handled with careful attention. The years of study the lawyer does for you is a mountain of relief and support when the time comes to face the judge or jury for your ruling.
3. Confidence and Poise. The judges and jurors both become impatient and unsympathetic when someone tries to represent themselves and can't carry on with the legal procedures involved in the judgmental process. Allowing a free attorney to represent you may caused a lost case, lack of confidence and possible personal damages. Hiring a highly trained attorney is the most effective way to represent your sacred body and loved ones with assurance and poise.
4. Reliable Connections. When lawyers spend countless years looking for the best method to win numerous cases, they build priceless relationships in the process. Relationships that transform into valuable connections in the health industry, medical industry, insurance industry, and so on and so forth. These connections can add the final frosting to your legal case.
5. Solid Experience. Growing against manufacturers, corporate giants, and insurance companies is a grueling process. One piece of information left out, one wrong turn, or one mistake will likely result in a defeat. When you work with a practiced personal injury attorney, you know they've been through the ropes and went toe to toe with the big guys. Their experience can be your best asset.
6. Value Driven. Personal injury attorneys can get you the most value for your money when it's time to go to court. If the person or company involved in your personal injury doesn't settle outside of court, they will often take your case into the courtroom. An experienced personal injury attorney can guarantee that you will get all of the compensation you deserve. They can make sure nothing is left on the table.
7. Partner Based Results. A good personal injury attorney has verified results, which at your request, they will be ready to show you. They most probably didn't accomplish substantial earnings for clients on their own. The good ones always have a team, even when only one or two people, that support the case with their experience and expedite the process with their skills. These are the types you want handling your case.
Well I hope this helps you gain some insight about how to find the right attorney amongst all the Atlanta Personal Injury Attorney you'll find in our fine city.
http://uberarticles.com/misc/preview/?article_id=822709
1. Satisfaction. When you hire a professional and experienced personal injury attorney, you rid yourself from the worry, hassle and research that would have to be done to try and represent yourself. Knowing that you're well cared for will grant you comfort.
2. Years of Study Assisting You. Trying to find out all of the legal jargon important to accurately handle a personal injury case takes years, and quite often decades. The law is an ever-changing animal, and personal injury attorneys must stay informed with research and knowledge to make sure your case is handled with careful attention. The years of study the lawyer does for you is a mountain of relief and support when the time comes to face the judge or jury for your ruling.
3. Confidence and Poise. The judges and jurors both become impatient and unsympathetic when someone tries to represent themselves and can't carry on with the legal procedures involved in the judgmental process. Allowing a free attorney to represent you may caused a lost case, lack of confidence and possible personal damages. Hiring a highly trained attorney is the most effective way to represent your sacred body and loved ones with assurance and poise.
4. Reliable Connections. When lawyers spend countless years looking for the best method to win numerous cases, they build priceless relationships in the process. Relationships that transform into valuable connections in the health industry, medical industry, insurance industry, and so on and so forth. These connections can add the final frosting to your legal case.
5. Solid Experience. Growing against manufacturers, corporate giants, and insurance companies is a grueling process. One piece of information left out, one wrong turn, or one mistake will likely result in a defeat. When you work with a practiced personal injury attorney, you know they've been through the ropes and went toe to toe with the big guys. Their experience can be your best asset.
6. Value Driven. Personal injury attorneys can get you the most value for your money when it's time to go to court. If the person or company involved in your personal injury doesn't settle outside of court, they will often take your case into the courtroom. An experienced personal injury attorney can guarantee that you will get all of the compensation you deserve. They can make sure nothing is left on the table.
7. Partner Based Results. A good personal injury attorney has verified results, which at your request, they will be ready to show you. They most probably didn't accomplish substantial earnings for clients on their own. The good ones always have a team, even when only one or two people, that support the case with their experience and expedite the process with their skills. These are the types you want handling your case.
Well I hope this helps you gain some insight about how to find the right attorney amongst all the Atlanta Personal Injury Attorney you'll find in our fine city.
http://uberarticles.com/misc/preview/?article_id=822709
Auto Accident Attorney Alert You Of The Primary Cause Of Death By Lisa Blackstone
In the U.S., a number one cause of death is automobile accidents. The studies made by auto accident injury lawyers reveal that about 6,000,000 such accidents occur every year, resulting in almost 40,000 fatalities. It is estimated that one out of every five Americans will be in an alcohol-related automobile accident at least once in their lives.
Year in year out, these alarming figures seem to do nothing at all to teach Americans to be more cautious. Even today, automobile accident injuries are the leading root of death for people between 33 to 60 years old.
The Best Way To Minimize Auto Accident Injuries. To prevent being involved in vehicle crashes, automobile accident injury lawyers advise the following:
* Always stick to all the rules of traffic
* Drive defensively
* Wear your seat belt
* Avoid driving when inebriated or incapacitated
* Make perfectly certain that all passengers buckle up before hitting the road
You may be thinking, "Why 'minimize' and not 'eliminate'?" Think of this: while you may be the most responsible motorist, pedestrian or cyclist out there, you'll find nothing you can do to predict when you'll be on a single road as some reckless or incapacitated driver.
Automobile accident claims are so common that there are probably more of them than all other types of personal injury claims created. If you or a family member has been injured because of the fault or neglect of an automobile accident, you have a legal right to recuperate damages.
Though usually a driver is the accountable party, the issue of liability is not always cut-and-dried. If the accountable party is a professional driver such as a bus driver or trucker, could his employer have done something to avoid the accident? Is the vehicle designed and manufactured with safety in mind? Could the automobile manufacturer or designer be held liable then? Is the road irresponsibly maintained? These are some of the questions that need to be answered to determine the identities of all who are at fault. Above all, there is still the complicated issue of insurance to be concerned about.
Well I hope this helps you gain some insight about how to find the right attorney amongst all the Atlanta Personal Injury Lawyers you'll find in our fine city.
http://uberarticles.com/misc/preview/?article_id=529412
Year in year out, these alarming figures seem to do nothing at all to teach Americans to be more cautious. Even today, automobile accident injuries are the leading root of death for people between 33 to 60 years old.
The Best Way To Minimize Auto Accident Injuries. To prevent being involved in vehicle crashes, automobile accident injury lawyers advise the following:
* Always stick to all the rules of traffic
* Drive defensively
* Wear your seat belt
* Avoid driving when inebriated or incapacitated
* Make perfectly certain that all passengers buckle up before hitting the road
You may be thinking, "Why 'minimize' and not 'eliminate'?" Think of this: while you may be the most responsible motorist, pedestrian or cyclist out there, you'll find nothing you can do to predict when you'll be on a single road as some reckless or incapacitated driver.
Automobile accident claims are so common that there are probably more of them than all other types of personal injury claims created. If you or a family member has been injured because of the fault or neglect of an automobile accident, you have a legal right to recuperate damages.
Though usually a driver is the accountable party, the issue of liability is not always cut-and-dried. If the accountable party is a professional driver such as a bus driver or trucker, could his employer have done something to avoid the accident? Is the vehicle designed and manufactured with safety in mind? Could the automobile manufacturer or designer be held liable then? Is the road irresponsibly maintained? These are some of the questions that need to be answered to determine the identities of all who are at fault. Above all, there is still the complicated issue of insurance to be concerned about.
Well I hope this helps you gain some insight about how to find the right attorney amongst all the Atlanta Personal Injury Lawyers you'll find in our fine city.
http://uberarticles.com/misc/preview/?article_id=529412
Why Outsource Company Secretarial Services? By spidermed's Instablog
Company secretarial services are increasingly being outsourced by companies both listed and private, large and small. Here, leading corporate and legal support firm London Registrars (http://www.london-registrars.co.uk/) reveals why so many companies are choosing to trust a third party provider with the company secretary function.
Until recently, most companies preferred to keep important roles within the confines of an in-house team, citing reliability, accountability and accessibility as reasons for this preference. The perception, perhaps, was of having less control over outsourced functions and in the case of the company secretarial role, control is vital to ensure legal compliance at all times. In actual fact, in recent years there has been a shift in attitude when it comes to outsourcing the company secretary function, with more companies than ever before entrusting these vital duties to experienced business support firms. London Registrars is a corporate and legal support firm which provides company secretarial support, including a company secretarial audit service. As such, the firm has been privy to the reasons why companies choose to hand over these duties to external companies.
Many companies are now being incorporated without this role in place, creating an immediate demand for company administration services, whether that means simply keeping the statutory books or the provision of full company secretarial services. At one time, outsourcing this role was seen as a more costly option than employing someone in-house, however with the advent of more third party companies offering this service, and the competitive pricing this has created, outsourcing has now become a low cost way to ensure company compliance.
Rather than hire specifically for this role, the in-house company secretarial duties were carried out, in many cases, by one of the existing team. This at first seemed like a cost-effective move, but it soon became apparent that the provision of company secretarial services was highly time consuming and that there was more value in freeing up the in-house team member for their primary role in the business. There was also more control and efficiency in the handling of company secretarial duties by an external provider which had no focus other than these duties. Feedback also revealed that outsourcing this function to a company which could provide further support if needed, from corporate governance to legal guidance, increased the value of outsourcing thanks to the accessibility of these professional advisors.
London Registrars has witnessed a significant increase in demand for external company secretarial services. More companies are realising that successful outsourcing of this function is down to finding the right corporate support firm, one which is highly experienced and reliable, competitively priced and which offers a comprehensive range of wider support services. To find out more about the services available from London Registrars, visit http://www.london-registrars.co.uk/.
http://seekingalpha.com/instablog/884229-spidermed/151541-why-outsource-company-secretarial-services
Until recently, most companies preferred to keep important roles within the confines of an in-house team, citing reliability, accountability and accessibility as reasons for this preference. The perception, perhaps, was of having less control over outsourced functions and in the case of the company secretarial role, control is vital to ensure legal compliance at all times. In actual fact, in recent years there has been a shift in attitude when it comes to outsourcing the company secretary function, with more companies than ever before entrusting these vital duties to experienced business support firms. London Registrars is a corporate and legal support firm which provides company secretarial support, including a company secretarial audit service. As such, the firm has been privy to the reasons why companies choose to hand over these duties to external companies.
Many companies are now being incorporated without this role in place, creating an immediate demand for company administration services, whether that means simply keeping the statutory books or the provision of full company secretarial services. At one time, outsourcing this role was seen as a more costly option than employing someone in-house, however with the advent of more third party companies offering this service, and the competitive pricing this has created, outsourcing has now become a low cost way to ensure company compliance.
Rather than hire specifically for this role, the in-house company secretarial duties were carried out, in many cases, by one of the existing team. This at first seemed like a cost-effective move, but it soon became apparent that the provision of company secretarial services was highly time consuming and that there was more value in freeing up the in-house team member for their primary role in the business. There was also more control and efficiency in the handling of company secretarial duties by an external provider which had no focus other than these duties. Feedback also revealed that outsourcing this function to a company which could provide further support if needed, from corporate governance to legal guidance, increased the value of outsourcing thanks to the accessibility of these professional advisors.
London Registrars has witnessed a significant increase in demand for external company secretarial services. More companies are realising that successful outsourcing of this function is down to finding the right corporate support firm, one which is highly experienced and reliable, competitively priced and which offers a comprehensive range of wider support services. To find out more about the services available from London Registrars, visit http://www.london-registrars.co.uk/.
http://seekingalpha.com/instablog/884229-spidermed/151541-why-outsource-company-secretarial-services
Find out and use regarding Litigation Support services
You want litigation support. Do you client it needs to do here? Certainly, wait for high-quality clients; expect to do better than in court. To do this, simply doing everything some things on your own. You can be having disputes in those cases, your side, useful and reliable support makes all the difference. If you are interested in these services look at the advantages of some of the potential for litigation support to be able to provide.
The abutment this casework can accommodate may awning areas like affidavit of facts, or free damages, or things like analysis and precedents. They can be baby as an alone individual practicing or an accomplished aggregation of consultants who baby to an ample firm. But the account they accommodate absolutely helps accumulate attorneys up to acceleration in the areas that they abetment them with.
For example, they can be some very important ways.
Video evidence and hearing room automation design. Digital with very important documents can be encoded. You may find yourself the whole mess of disorder if you go without these conflicts, such as support.
However, make sure to choose a company to do your job, until the first option. For example, there is simply good experience and know-how to provide litigation Support services Company. You should know you can trust to deliver them. Is the key to quality? Also know when to send them to say. They should be provided whenever necessary. You can expect a selection of quality, timeliness, and litigation support expertise.
Litigation support services and attorneys are similar to two peas in a shell.
Companies offer exactly what you can to find, simply as a web tool, is used. Their research, pose questions and their maintenance. What you need to do what you need to provide. Worthy of presentation they can effectively communicate with them for their service, make sure to prove whether or not. Is the backbone of your business litigation support services?
There are assorted types of humans who absorb themselves in these abutment teams. Researchers are some of the lot of important, as are the bent scientists. If you accept an academy degree, behindhand of what breadth it may be in, you can authorize as a researcher. All you accept to be able to do is analyze through a lot of advice and cull out what can be acclimated by the advocate at trial.
Benefits Delivered from Outsourcing Alternatives -- Written by johnsonmcbride23 on May 9th, 2011
An increasing number of small- to large-sized businesses are relying upon outsourcing solutions to meet organizational goals while facing tough economic conditions. They are an economical approach to making operations more streamlined. Outsourcing is still increasing in popularity, particularly because the world-wide economic downturn has prompted organizations to seek alternate ways of decreasing expenditures. Additionally, the advent of outsourcing has provided companies with solutions that their in-house departments couldn’t render.
The history of outsourcing
Outsourcing is normally associated with the information technology (IT) sector, but its history can be traced to the manufacturing sector. This sector realized that it was practical to build production facilities in places where the source materials could be obtained to save on lead time and shipping costs. In the 80′s, U.S. corporations outsourced manufacturing to Canada, Brazil, and Mexico. IT outsourcing overtook manufacturing outsourcing a decade later.
Countries such as India improved their technology infrastructure considerably, paving the way for some of the first international call centres. It started with client and after-sale support, but it quickly expanded to medical, media, and legal transcription services. Currently, Business Process Outsourcing (BPO) agencies are worth billions. Nations such as China, the Philippines, and India are continuously expanding their services to accommodate the demand for these options.
Outsourcing services present a multitude of benefits for big and small companies alike. The key benefits of lower operating and capital investment expenses can never be stressed enough. Firms can lower their expenses when they retain the services of an agent who specializes in a certain task because that activity is accomplished more efficiently.
By hiring an outsourcing provider to perform specific activities, the host organization can focus on its key functions. In effect, your staff can focus on their assigned duties better. The company can also focus on key sales and production objectives, leaving technical and supplementary services to a specialist. Outsourcing can offer increased flexibility, since the host organization does not need to take on all business processes. The company can place emphasis on areas of their business which can increase their competitive edge in the marketplace. The host firm may even provide superior products or services at a lower price due to reduced over-all operating costs.
Where are the cost savings?
For small companies, exploiting outsourcing options can be beneficial because the business can share its activities. Large companies can typically afford to handle all operations in-house, but for smaller businesses, it may be more cost-effective to contract out particular operations. The workspace, equipment, and furniture necessary to house a single work team can be considerable. The capital cost, insurance coverage, depreciation together with the human resources expenses of employing staff can be staggering. In contrast, the host company is not obligated to the outsourcing provider when the latter’s services are no longer required.
Outsourcing organizations are retained for cost-saving benefits and selecting the wrong one could actually increase expenses as well as lower the service quality, therefore defeating its purpose. When considering outsourcing solutions, a business should determine which services are required. Many businesses boast of wide-ranging expertise and unbeatable pricing. But the truth is, these agencies need to be credible. It is therefore, critical to do a comprehensive background check on potential candidates that includes previous and current customers, technology used, training techniques, and staff turnover rates. While it might be tempting to select the provider with the lowest rates, keep in mind that you often get what you pay for.
Mr. Mcbride enjoys covering international market trends. He’s always been fascinated with the impact of eastern countries on western world market practices.
Visit his site to learn more about list of outsourcing companies right now.
http://postarticlesplus.net/benefits-delivered-from-outsourcing-alternatives/
The history of outsourcing
Outsourcing is normally associated with the information technology (IT) sector, but its history can be traced to the manufacturing sector. This sector realized that it was practical to build production facilities in places where the source materials could be obtained to save on lead time and shipping costs. In the 80′s, U.S. corporations outsourced manufacturing to Canada, Brazil, and Mexico. IT outsourcing overtook manufacturing outsourcing a decade later.
Countries such as India improved their technology infrastructure considerably, paving the way for some of the first international call centres. It started with client and after-sale support, but it quickly expanded to medical, media, and legal transcription services. Currently, Business Process Outsourcing (BPO) agencies are worth billions. Nations such as China, the Philippines, and India are continuously expanding their services to accommodate the demand for these options.
Outsourcing services present a multitude of benefits for big and small companies alike. The key benefits of lower operating and capital investment expenses can never be stressed enough. Firms can lower their expenses when they retain the services of an agent who specializes in a certain task because that activity is accomplished more efficiently.
By hiring an outsourcing provider to perform specific activities, the host organization can focus on its key functions. In effect, your staff can focus on their assigned duties better. The company can also focus on key sales and production objectives, leaving technical and supplementary services to a specialist. Outsourcing can offer increased flexibility, since the host organization does not need to take on all business processes. The company can place emphasis on areas of their business which can increase their competitive edge in the marketplace. The host firm may even provide superior products or services at a lower price due to reduced over-all operating costs.
Where are the cost savings?
For small companies, exploiting outsourcing options can be beneficial because the business can share its activities. Large companies can typically afford to handle all operations in-house, but for smaller businesses, it may be more cost-effective to contract out particular operations. The workspace, equipment, and furniture necessary to house a single work team can be considerable. The capital cost, insurance coverage, depreciation together with the human resources expenses of employing staff can be staggering. In contrast, the host company is not obligated to the outsourcing provider when the latter’s services are no longer required.
Outsourcing organizations are retained for cost-saving benefits and selecting the wrong one could actually increase expenses as well as lower the service quality, therefore defeating its purpose. When considering outsourcing solutions, a business should determine which services are required. Many businesses boast of wide-ranging expertise and unbeatable pricing. But the truth is, these agencies need to be credible. It is therefore, critical to do a comprehensive background check on potential candidates that includes previous and current customers, technology used, training techniques, and staff turnover rates. While it might be tempting to select the provider with the lowest rates, keep in mind that you often get what you pay for.
Mr. Mcbride enjoys covering international market trends. He’s always been fascinated with the impact of eastern countries on western world market practices.
Visit his site to learn more about list of outsourcing companies right now.
http://postarticlesplus.net/benefits-delivered-from-outsourcing-alternatives/
What Is a Bankruptcy Estate? Written by Charity Delich Edited by Bronwyn Harris
When a bankruptcy case is filed with a court, a bankruptcy estate, which includes all of a debtor’s legal and equitable interests, is formed. Typically, the estate is subject to the bankruptcy court’s jurisdiction, and it is reviewed by a court-appointed bankruptcy trustee. The trustee generally represents the creditors’ interests in the suit. During the bankruptcy proceedings, the estate becomes the legal owner of the debtor’s tangible and intangible assets. Assets held in a bankruptcy estate are frequently sold by the trustee in order to pay off the debtor’s outstanding obligations.
Under bankruptcy estate law in many jurisdictions, a bankruptcy estate includes not only the debtor’s interests but also any community property belonging to the debtor and his or her spouse. The estate typically contains all of the debtor’s tangible assets. For example, the estate may include a piece of land owned by the debtor, a car, or a collection of artwork. Usually, a debtor cannot sell or transfer property that is part of the bankruptcy estate without the court's permission.
As a general rule, bankruptcy estates can also include intangible rights. For instance, the estate may contain stock options, intellectual property, business goodwill, or the right to file a lawsuit. An estate can also incorporate the debtor’s right to receive inheritances once the bankruptcy suit has been filed. Certain tax rights may also become part of the estate. For example, an estate may include tax attributes or tax refunds for pre-petition years.
Usually, when starting a bankruptcy case, a debtor must disclose all of the estate’s assets in a bankruptcy schedule. Any assets that are not exempt are usually sold by the bankruptcy trustee. The proceeds are used to pay administrative fees relating to the bankruptcy proceeding as well as to pay off creditors.
Some assets may be exempt or removed from the bankruptcy estate. For instance, in some jurisdictions, a bankruptcy estate debtor can exclude rights in spendthrift trusts, 401(k) plans, and certain qualified retirement plans from the estate. Generally, bankruptcy statutes dictate what type of assets may be excluded from the estate. Statutory exclusions can vary from jurisdiction to jurisdiction.
Typically, a debtor is not required to list exempt assets as part of the bankruptcy estate. Essentially, this means that exempted assets cannot be reached by creditors or by the bankruptcy trustee. The debtor may retain exempted property and use it to start over after the bankruptcy proceedings are finalized.
http://www.wisegeek.com/what-is-a-bankruptcy-estate.htm
Paralegal Job Guide For Those Without A Clue -- Author: charleenmitmen
Paralegal work entry stage could be obtained either on-line or offline. You will find several work for entry stage paralegals to provide an excellent earnings, such as new graduates. Paralegal work entry stage will provide you with the opportunity to review and indicate you the chains in building a lot more opportunities for paralegal services. If you’d like an alternative to full time employment then paralegal entry level employment may be the very best selection. Even an entry degree paralegal employment spend effectively and may be your springboard to become a legal advocate or legal desktop. oes the prospective for Entry Level Paralegal Jobs: United states provides a set of work to individuals in need? You have to create a decision for that finest job paralegal. Entry Degree Paralegal careers can provide a good start to his occupation. You might have the selection of carrying out this operate total time or portion time.
If you would like to obtain a sense of entry-level paralegal task you then may additionally desire to operate portion time as a paralegal. This way you’re not pressured to do so during the day paralegal. Nonetheless, a paralegal profession shouldn’t be considered a technical way. If you really wish to obtain a paralegal work you then should begin searching for your greatest choices for their selection of occupation. Paralegal work from organizations and authorities typically work a standard 40 hour week. Despite the fact that most paralegals work throughout the year, some are short-term function in the course of occupied seasons, after which open when the workload decreases. A part-time function could possibly be the sole way to acquire the threshold of Entry Stage Paralegal Work. You are able to get the superlative selection for the job to your door. However, a paralegal certificate is not absolutely necessary to get employment from the part-time paralegal. But when you might be seeking for a full-time or regular perform following a title is actually a must. A person using a graduate degree, paralegal certificate brighter prospects then somebody who has a straightforward license. The previous earns much more than the later on. Paralegal jobs are more challenging and complicated than other types of employment.
A single may well imagine that acquiring an entry stage paralegal task is uninteresting. Feel nicely yet again due to an entry stage paralegal work might be quite demanding. A lot of paralegals take action regardless of legal associates that are not licensed by the regular set of recognition prices, monitoring of the check scenario or supply legal suggestion. Except for these things, a paralegal can do the regular functions of the legal representative, as inside the existing investigation and earlier circumstances, the dialogue clients, contracts along with other legal arrangements credentials and lend a hand to his legal representative inside the preparing a concise and also the likes. A paralegal’s resume ought to listing schooling, encounter, awards and highlight writing talents, skilled and personal skills. Sample paralegals resumes are easily obtainable on the net. Make sure you attach a cover letter, while you would when applying for almost any other career, stating your curiosity and describing the expertise that make you a perfect candidate for that career. Sample cover letters are also posted on the web.
Are you still finding for a complete paralegal job description? Call on Kengen Leonad’s site directly for more information promptly.
http://freearticlesdirectorys.info/2011/04/17/paralegal-job-guide-for-those-without-a-clue/
If you would like to obtain a sense of entry-level paralegal task you then may additionally desire to operate portion time as a paralegal. This way you’re not pressured to do so during the day paralegal. Nonetheless, a paralegal profession shouldn’t be considered a technical way. If you really wish to obtain a paralegal work you then should begin searching for your greatest choices for their selection of occupation. Paralegal work from organizations and authorities typically work a standard 40 hour week. Despite the fact that most paralegals work throughout the year, some are short-term function in the course of occupied seasons, after which open when the workload decreases. A part-time function could possibly be the sole way to acquire the threshold of Entry Stage Paralegal Work. You are able to get the superlative selection for the job to your door. However, a paralegal certificate is not absolutely necessary to get employment from the part-time paralegal. But when you might be seeking for a full-time or regular perform following a title is actually a must. A person using a graduate degree, paralegal certificate brighter prospects then somebody who has a straightforward license. The previous earns much more than the later on. Paralegal jobs are more challenging and complicated than other types of employment.
A single may well imagine that acquiring an entry stage paralegal task is uninteresting. Feel nicely yet again due to an entry stage paralegal work might be quite demanding. A lot of paralegals take action regardless of legal associates that are not licensed by the regular set of recognition prices, monitoring of the check scenario or supply legal suggestion. Except for these things, a paralegal can do the regular functions of the legal representative, as inside the existing investigation and earlier circumstances, the dialogue clients, contracts along with other legal arrangements credentials and lend a hand to his legal representative inside the preparing a concise and also the likes. A paralegal’s resume ought to listing schooling, encounter, awards and highlight writing talents, skilled and personal skills. Sample paralegals resumes are easily obtainable on the net. Make sure you attach a cover letter, while you would when applying for almost any other career, stating your curiosity and describing the expertise that make you a perfect candidate for that career. Sample cover letters are also posted on the web.
Are you still finding for a complete paralegal job description? Call on Kengen Leonad’s site directly for more information promptly.
http://freearticlesdirectorys.info/2011/04/17/paralegal-job-guide-for-those-without-a-clue/
Lawyers urged to sign the Eco-Pledge -- by California Bar Journal
California lawyers are invited to sign the State Bar of California Eco-Pledge, which commits firms and individual lawyers to implementing such sustainable practices as reducing the use of paper, toxic chemicals, water and energy, promoting commuter incentives, recycling and using Energy Star appliances.
Beth Collins-Burgard, leader of the task force that created the pledge and sustainability guidelines and a member of the Environmental Law Section executive committee, said such a commitment is good not only for the planet and individual firms and lawyers but for business as well.
“A lot of clients are interested in hiring firms that are green,” said Collins-Burgard, of counsel at Brownstein Hyatt Farber Schreck, which became the first private law firm to adopt the sustainability commitment. By signing the pledge and posting the logo on their site, they can provide tangible evidence that they are committed to helping the environment. Collins-Burgard also believes it won’t be long before firm rankings include their commitment to the environment.
The pledge and a logo that firms may use on their websites when they have signed the pledge have recently been placed on the sustainability web page of the State Bar’s Environmental Law Section.
The pledge commits lawyers and their firms to assigning someone to implement the sustainability policy, implementing as many policy recommendations as possible, educating members of the firm about sustainability, encouraging law firm landlords and building owners to implement sustainable practices and review the policy and implementation efforts at the beginning of each year.
“The State Bar recognizes that environmental protection, climate change and related environmental and social issues are urgent problems that require action,” the pledge states. “The solution to these problems must include efforts by individuals, businesses and organizations – including the legal profession – to reduce their environmental impacts.”
The pledge and guidelines grew from a commitment to conservation of former State Bar President Jeff Bleich, the current U.S. ambassador to Australia, who created the sustainability task force.
Noting that California lawyers come from large firms, home offices, nonprofits with limited resources and countless other configurations, the bar “encourages its members to use their best efforts to achieve the sustainable practices set out in the Sustainability Policy.”
http://www.calbarjournal.com/April2011/TopHeadlines/TH6.aspx
Beth Collins-Burgard, leader of the task force that created the pledge and sustainability guidelines and a member of the Environmental Law Section executive committee, said such a commitment is good not only for the planet and individual firms and lawyers but for business as well.
“A lot of clients are interested in hiring firms that are green,” said Collins-Burgard, of counsel at Brownstein Hyatt Farber Schreck, which became the first private law firm to adopt the sustainability commitment. By signing the pledge and posting the logo on their site, they can provide tangible evidence that they are committed to helping the environment. Collins-Burgard also believes it won’t be long before firm rankings include their commitment to the environment.
The pledge and a logo that firms may use on their websites when they have signed the pledge have recently been placed on the sustainability web page of the State Bar’s Environmental Law Section.The pledge commits lawyers and their firms to assigning someone to implement the sustainability policy, implementing as many policy recommendations as possible, educating members of the firm about sustainability, encouraging law firm landlords and building owners to implement sustainable practices and review the policy and implementation efforts at the beginning of each year.
“The State Bar recognizes that environmental protection, climate change and related environmental and social issues are urgent problems that require action,” the pledge states. “The solution to these problems must include efforts by individuals, businesses and organizations – including the legal profession – to reduce their environmental impacts.”
The pledge and guidelines grew from a commitment to conservation of former State Bar President Jeff Bleich, the current U.S. ambassador to Australia, who created the sustainability task force.
Noting that California lawyers come from large firms, home offices, nonprofits with limited resources and countless other configurations, the bar “encourages its members to use their best efforts to achieve the sustainable practices set out in the Sustainability Policy.”
http://www.calbarjournal.com/April2011/TopHeadlines/TH6.aspx
Legal Advice for Bankruptcy Petitions in St. Petersburg FL --Post by Law Offices of Tara J Scott PA
Bankruptcy utilized to bring much shame and stigma in the past. People have even been recognized to take their own lives since of it. In existing society, nevertheless, a bankruptcy petition is observed not as a badge of defeat but as a practical social safety net. Men and women in the United States, such as St. Petersburg FL, avail of this social alternative in order to be able to commence anew following becoming ruined by the monetary crisis that swept the country.
Due to the fact the reason for ruin is something that was beyond the control of men and women, it is not considered a personal failure. The result, nevertheless, is that numerous folks are now unable to meet monthly monetary obligations that employed to be within their budgets. A lot of people, for example, have been unable to meet mortgage payments. Rather than face property foreclosure which can be even more financially debilitating, they can file a bankruptcy petition in St. Petersburg FL or wherever they are in the country.
Any citizen of the United States can file a bankruptcy petition in court as long as he or she is qualified for the requirements defined by law. To be able to make certain of one’s eligibility for such qualifications and requirements, it would be best to consult competent legal counsel. Your lawyer will be able to expertly interpret all legal problems involved and decide which ones are applicable and most beneficial to you. It would be greatest to hire expert legal counsel that specializes in bankruptcy and foreclosure instances and consequently has significantly expertise in these. Of course, your lawyer is also expected to have a wide range of encounter in criminal defense, loved ones law and DUI or driving under the influence, for instance. This will make your bankruptcy petition filing in St. Petersburg FL issue free.
Individual petitioners can file for Chapter 13 bankruptcy or Chapter 7 bankruptcy under the US Bankruptcy Code. Your lawyer in St. Petersburg FL will assist you choose which 1 applies to you.
If you are receiving a standard monthly income that still exceeds fundamental wants, you can file for Chapter 13 bankruptcy. You will be left with sufficient income for your simple needs although the excess will be employed by court as your restructured monthly debt payment. The United States Bankcruptcy Code demands you to comply with this arrange for either 3 years or five years, depending on your income and your debts. At the end of that period some of your debts are considered cleared. There are particular debts that are not covered by this bankruptcy petition, although, and your lawyer will inform you of these beforehand. A distinct element of the Chapter 13 bankruptcy petition is the retention of your assets in St. Petersburg FL.
If your current monthly income is just enough for simple requirements or even much less, you qualify for a Chapter 7 bankruptcy petition. The court takes your assets, leaving certain exceptions and personal effects, and sells these to clear your debts. Your bankruptcy lawyer in St. Petersburg FL will explain to you what debts are not covered by this petition.
Legal advice from dependable legal counsel is necessary for bankruptcy petitioners in St. Petersburg FL and elsewhere to be able to maximize their rights and facilitate the legal method.
About the Author
Law Offices of Tara J Scott PA8950 9th St N Ste 204St. Petersburg, FL 33702Phone: (727) 329-8741Fax: (727) 329-8743Email: tscott@suchatimeasthis.orgWebsite: www.suchatimeasthis.org
http://yourkatyattorney.com/legal-advice-for-bankruptcy-petitions-in-st-petersburg-fl
Due to the fact the reason for ruin is something that was beyond the control of men and women, it is not considered a personal failure. The result, nevertheless, is that numerous folks are now unable to meet monthly monetary obligations that employed to be within their budgets. A lot of people, for example, have been unable to meet mortgage payments. Rather than face property foreclosure which can be even more financially debilitating, they can file a bankruptcy petition in St. Petersburg FL or wherever they are in the country.
Any citizen of the United States can file a bankruptcy petition in court as long as he or she is qualified for the requirements defined by law. To be able to make certain of one’s eligibility for such qualifications and requirements, it would be best to consult competent legal counsel. Your lawyer will be able to expertly interpret all legal problems involved and decide which ones are applicable and most beneficial to you. It would be greatest to hire expert legal counsel that specializes in bankruptcy and foreclosure instances and consequently has significantly expertise in these. Of course, your lawyer is also expected to have a wide range of encounter in criminal defense, loved ones law and DUI or driving under the influence, for instance. This will make your bankruptcy petition filing in St. Petersburg FL issue free.
Individual petitioners can file for Chapter 13 bankruptcy or Chapter 7 bankruptcy under the US Bankruptcy Code. Your lawyer in St. Petersburg FL will assist you choose which 1 applies to you.
If you are receiving a standard monthly income that still exceeds fundamental wants, you can file for Chapter 13 bankruptcy. You will be left with sufficient income for your simple needs although the excess will be employed by court as your restructured monthly debt payment. The United States Bankcruptcy Code demands you to comply with this arrange for either 3 years or five years, depending on your income and your debts. At the end of that period some of your debts are considered cleared. There are particular debts that are not covered by this bankruptcy petition, although, and your lawyer will inform you of these beforehand. A distinct element of the Chapter 13 bankruptcy petition is the retention of your assets in St. Petersburg FL.
If your current monthly income is just enough for simple requirements or even much less, you qualify for a Chapter 7 bankruptcy petition. The court takes your assets, leaving certain exceptions and personal effects, and sells these to clear your debts. Your bankruptcy lawyer in St. Petersburg FL will explain to you what debts are not covered by this petition.
Legal advice from dependable legal counsel is necessary for bankruptcy petitioners in St. Petersburg FL and elsewhere to be able to maximize their rights and facilitate the legal method.
About the Author
Law Offices of Tara J Scott PA8950 9th St N Ste 204St. Petersburg, FL 33702Phone: (727) 329-8741Fax: (727) 329-8743Email: tscott@suchatimeasthis.orgWebsite: www.suchatimeasthis.org
http://yourkatyattorney.com/legal-advice-for-bankruptcy-petitions-in-st-petersburg-fl
Think Twice Before Claiming “Things” on Social Networking Sites -- Global LPO Conference
Come March 1st, 2011, the Advertising and Standards Authority of UK shall have a bigger role to play. The ASA’s digital remit has been extended as far as it relates to public relations.
All advertising and promotional claims on the internet, including social networking sites such as Twitter and Facebook, are to come under the same regulations as the press and television. This seems to be a welcome extension of the powers of the ASA.
So think twice before you claim things on social networking sites or advertise your products or services in any one of them.
ASA’s new powers will be funded by a 0.1 per cent levy on paid-for advertisements appearing on internet search engines. It said that Google, the leading search engine, would be providing “seed capital” to initially finance the ASA.
There shall be a quarterly review of the extended digital remit by the Committee of Advertising Practice (CAP), Advertising and Standards Authority ASA) and the Advertising Standards Boards of Finance (ASBOF) to ensure that the UK’s advertising self-regulatory system continues to work in the best interest of consumers and the marketing community in the online and offline world.
http://www.globallpoconference.com/usa/blog/14-think-twice-before-claiming-things-on-social-networking-sites.html
All advertising and promotional claims on the internet, including social networking sites such as Twitter and Facebook, are to come under the same regulations as the press and television. This seems to be a welcome extension of the powers of the ASA.
So think twice before you claim things on social networking sites or advertise your products or services in any one of them.
ASA’s new powers will be funded by a 0.1 per cent levy on paid-for advertisements appearing on internet search engines. It said that Google, the leading search engine, would be providing “seed capital” to initially finance the ASA.
There shall be a quarterly review of the extended digital remit by the Committee of Advertising Practice (CAP), Advertising and Standards Authority ASA) and the Advertising Standards Boards of Finance (ASBOF) to ensure that the UK’s advertising self-regulatory system continues to work in the best interest of consumers and the marketing community in the online and offline world.
http://www.globallpoconference.com/usa/blog/14-think-twice-before-claiming-things-on-social-networking-sites.html
The Power of the Legal Network ~ Networking 101 for Attorneys -- by Global Lpo Conference
The power of networking is undeniable; whether a spontaneous or a well thought out intentional act, networking today has evolved into an art form. Networking is no longer merely about having access to information about jobs, developments within your firm or happenings in the legal market. It has assumed mammoth proportions and could be the difference between success and failure. While it is true that man cannot live in isolation, we all fear the unknown and naturally shrink at the prospect of going out of our way to ‘get-to-know’ people whom we otherwise would not have known. The foundation of a thriving and successful business/practice rests on sound communication skills and efficient networking. Irrespective of the area of your specialization, it is essential that you have a fair amount of contacts that will be your support when you’d like to try out a new venture or even during rough weather. Networking with others allows businesses, big or small, to share data, experiences and knowledge that could be mutually beneficial.
However, for most attorneys, marketing does not come naturally. Inherently, attorneys are hard wired into being independent, opinionated, self-reliant and largely undiplomatic in their mannerisms; qualities that do, at the onset, seem diametrically opposite to those required for networking successfully. The case is no different in the LPO industry. The primary benefits of networking for those in the LPO industry include;
(1) maintaining a strong network amongst professionals in the same field helps not only in the exchange of information; but since this is a fairly nascent industry, it also helps highlight and cope with the teething problems faced by the industry;
(2) networking aids in staying current not only on the laws but also business practices across the board;
(3) helps professionals build their industry visibility;
(4) creates a solid base for learning about possible new opportunities; and
(5) helps raise your company profile.
When in doubt, perhaps your most valuable tool is the ability to call someone you know and discuss how they are handling particular challenges. This ability to benchmark and trade best practices is an obvious and direct benefit of networking for professionals in the legal outsourcing industry. Some of the common and most successful ways that one can network in this industry include:
• Participating in Professional organizations and Conferences that hold regular networking events
• Subscribing to bulletins and newsletters to keep abreast of the latest in the industry
• Online forums like LinkedIn or creating a blog to discuss key issues that you may be facing professionally
• Attending Seminars with leading experts on the panel
With the spectre of ever increasing expectations looming large over the LPO industry, it is time for all associated with it to join hands and harness the potential of a network that can sustain the hopes and aspiration of every individual member. The Global LPO Conference 2011 is our attempt to first create a robust network and then raise awareness amongst members regarding best practices and innovative ideas.
http://www.globallpoconference.com/usa/blog/15-the-power-of-the-legal-network-networking-101-for-attorneys.html
However, for most attorneys, marketing does not come naturally. Inherently, attorneys are hard wired into being independent, opinionated, self-reliant and largely undiplomatic in their mannerisms; qualities that do, at the onset, seem diametrically opposite to those required for networking successfully. The case is no different in the LPO industry. The primary benefits of networking for those in the LPO industry include;
(1) maintaining a strong network amongst professionals in the same field helps not only in the exchange of information; but since this is a fairly nascent industry, it also helps highlight and cope with the teething problems faced by the industry;
(2) networking aids in staying current not only on the laws but also business practices across the board;
(3) helps professionals build their industry visibility;
(4) creates a solid base for learning about possible new opportunities; and
(5) helps raise your company profile.
When in doubt, perhaps your most valuable tool is the ability to call someone you know and discuss how they are handling particular challenges. This ability to benchmark and trade best practices is an obvious and direct benefit of networking for professionals in the legal outsourcing industry. Some of the common and most successful ways that one can network in this industry include:
• Participating in Professional organizations and Conferences that hold regular networking events
• Subscribing to bulletins and newsletters to keep abreast of the latest in the industry
• Online forums like LinkedIn or creating a blog to discuss key issues that you may be facing professionally
• Attending Seminars with leading experts on the panel
With the spectre of ever increasing expectations looming large over the LPO industry, it is time for all associated with it to join hands and harness the potential of a network that can sustain the hopes and aspiration of every individual member. The Global LPO Conference 2011 is our attempt to first create a robust network and then raise awareness amongst members regarding best practices and innovative ideas.
http://www.globallpoconference.com/usa/blog/15-the-power-of-the-legal-network-networking-101-for-attorneys.html
Bankruptcy An Overview -- eeikbon's blog
If you have critical financial debt troubles you could be contemplating bankruptcy. It is important to recognize what bankruptcy is and no matter whether it is the appropriate alternative for you.
What is bankruptcy? Bankruptcy is a short-term legal standing. When bankrupt, your non-essential property these kinds of as residence and possessions such as extra cash flow are utilised to spend off your creditors. At the end of the bankruptcy period, most debts are discharged. This can be an effective way of clearing debts you can't spend.
How lengthy does bankruptcy very last? Bankruptcy usually lasts for one 12 months. Soon after this time, you'll be "discharged" from your bankruptcy regardless of how considerably you nonetheless owe. Your discharge could occur earlier if you co-operate totally with the Official Receiver. Nonetheless, in a modest number of circumstances and if you have behave irresponsibly, bankruptcy can previous for much far more than one particular 12 months.
How do you turn into bankrupt? A court declares you bankrupt by issuing a "bankruptcy order" soon after it's been offered with a "bankruptcy petition". Generally this transpires in one of two ways.
Filing your own bankruptcy petition. - A debtor's petition type can be downloaded from the Insolvency Services website or obtained from county courts with bankruptcy jurisdiction. The finished form ought to then be taken to the county court nearest to you that has bankruptcy jurisdiction. A payment of a hundred and fifty kilos and deposit of 360 kilos is payable at this time. This amount can not be waived.
A creditor making you bankrupt. - Your creditors can current a creditor's petition if you owe them an unsecured debt more than 750 lbs. Once bankruptcy proceedings have began, you must co-run entirely even if it's a creditor's petition and you dispute their declare.
Wherever is a bankruptcy purchase manufactured? Bankruptcy petitions are typically introduced in acounty relevant court close to wherever you reside or trade. Who bargains with your bankruptcy? Once a bankruptcy buy has been created from you, your creditors can no extended go after you for payment. Payment turns into the duty of the trustee. An Official Receiver is appointed if you have no property. If you do have property, an Insolvency Practitioner will be appointed to act as trustee and market your property to shell out your creditors.
How bankruptcy has an effect on you. As soon as you are bankrupt, the Official Receiver, or appointed trustee, can sell your assets to spend your collectors. However, selected items are not handled as assets for this purpose, for illustration: essential work gear and necessary home products such as clothes, bedding and furnishings.
The Official Receiver can glimpse at your cash flow taking into account expenses and choose if payments need to be produced to your creditors. You may possibly be asked to signal an "earnings payments agreement" to shell out fixed month to month instalments from your cash flow for 3 years.
Your obligations when you're bankrupt. You need to: Give the Official Receiver facts of your finances, assets and collectors, search right after your property and hand them over to the Official Receiver with the related paperwork, such as financial institution statements and insurance coverage policies, tell your trustee about any new assets or earnings for the duration of your bankruptcy avoid using credit cards and financial institution or building society accounts not receive credit score about 500 kilos without having telling the creditor that you are bankrupt not make payments immediate to your collectors. You might also have to go to court and clarify why you are in debt. If you're considering about declaring by yourself bankrupt or you are becoming threatened with bankruptcy, it's crucial to seek independent assistance.
Related Sites : uk bankruptcy advice
http://www.thoughts.com/eeikbon/bankruptcy-an-overview
What is bankruptcy? Bankruptcy is a short-term legal standing. When bankrupt, your non-essential property these kinds of as residence and possessions such as extra cash flow are utilised to spend off your creditors. At the end of the bankruptcy period, most debts are discharged. This can be an effective way of clearing debts you can't spend.
How lengthy does bankruptcy very last? Bankruptcy usually lasts for one 12 months. Soon after this time, you'll be "discharged" from your bankruptcy regardless of how considerably you nonetheless owe. Your discharge could occur earlier if you co-operate totally with the Official Receiver. Nonetheless, in a modest number of circumstances and if you have behave irresponsibly, bankruptcy can previous for much far more than one particular 12 months.
How do you turn into bankrupt? A court declares you bankrupt by issuing a "bankruptcy order" soon after it's been offered with a "bankruptcy petition". Generally this transpires in one of two ways.
Filing your own bankruptcy petition. - A debtor's petition type can be downloaded from the Insolvency Services website or obtained from county courts with bankruptcy jurisdiction. The finished form ought to then be taken to the county court nearest to you that has bankruptcy jurisdiction. A payment of a hundred and fifty kilos and deposit of 360 kilos is payable at this time. This amount can not be waived.
A creditor making you bankrupt. - Your creditors can current a creditor's petition if you owe them an unsecured debt more than 750 lbs. Once bankruptcy proceedings have began, you must co-run entirely even if it's a creditor's petition and you dispute their declare.
Wherever is a bankruptcy purchase manufactured? Bankruptcy petitions are typically introduced in acounty relevant court close to wherever you reside or trade. Who bargains with your bankruptcy? Once a bankruptcy buy has been created from you, your creditors can no extended go after you for payment. Payment turns into the duty of the trustee. An Official Receiver is appointed if you have no property. If you do have property, an Insolvency Practitioner will be appointed to act as trustee and market your property to shell out your creditors.
How bankruptcy has an effect on you. As soon as you are bankrupt, the Official Receiver, or appointed trustee, can sell your assets to spend your collectors. However, selected items are not handled as assets for this purpose, for illustration: essential work gear and necessary home products such as clothes, bedding and furnishings.
The Official Receiver can glimpse at your cash flow taking into account expenses and choose if payments need to be produced to your creditors. You may possibly be asked to signal an "earnings payments agreement" to shell out fixed month to month instalments from your cash flow for 3 years.
Your obligations when you're bankrupt. You need to: Give the Official Receiver facts of your finances, assets and collectors, search right after your property and hand them over to the Official Receiver with the related paperwork, such as financial institution statements and insurance coverage policies, tell your trustee about any new assets or earnings for the duration of your bankruptcy avoid using credit cards and financial institution or building society accounts not receive credit score about 500 kilos without having telling the creditor that you are bankrupt not make payments immediate to your collectors. You might also have to go to court and clarify why you are in debt. If you're considering about declaring by yourself bankrupt or you are becoming threatened with bankruptcy, it's crucial to seek independent assistance.
Related Sites : uk bankruptcy advice
http://www.thoughts.com/eeikbon/bankruptcy-an-overview
Solicitors Regulation Authority may undertake ‘thematic review’ of the LPO sector in 2011 -- Bar & Bench News Network
The Solicitors Regulation Authority (SRA) is considering legal process outsourcing (LPO) as part of the consultation in Chapters 4 and 7 of the current draft of the Handbook. According to media reports, this Handbook is due to be launched in April of 2011.
Speaking to Bar & Bench, spokesperson Geoffrey Negus said, “The key issue for us is that it should not absolve the delegator (i.e. a legal service provider) of responsibility for the matter delegated”.
He added, “However, although we have not made any final decision, this is such a growing and fast-developing issue that we may undertake a thematic review in 2011 to identify whether there are any particular issues or risks that require changes to our current regulatory requirements or whether certain outsourcing arrangements need particular attention in the supervision process”
http://barandbench.com/brief/2/1158/solicitors-regulation-authority-may-undertake-thematic-review-of-the-lpo-sector-in-2011
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