EITF Releases Proposed Revenue Recognition Rules August 9th, 2010Finance, Accounting & Compensation Revenue Recognition This BDOTech articlebreaks down the changes that the new EITF guidance will have on technology companies in regard to revenue recognition. Read More
“The Board View of Leadership” August 9th, 2010MMM Tech Law Video Channel Board of Directors/Governance, Entrepreneurs From a Board of Directors’ perspective, this Forbes article offers tips and insights for Start-up CEOs. Read More
“U.S. Supreme Court Issues Key Ruling on ‘Processes’ as Patentable Subject Matter.” August 9th, 2010Patents/IP By John R. Harris and Daniel Sineway The U.S. Supreme Court today (June 28, 2010) handed down its highly-anticipated opinion in the case of Bilski v. Kappos, Case No. 08-964. The Supreme Court affirmed the decision of the Court of Appeals for the Federal Circuit and held that the subject matter of Mr. Bilski’s patent application was not patentable subject matter. However, in ruling against Mr. Bilski and denying him a patent, the Supreme Court said that the Federal Read More
“When Mentoring Goes Bad” August 9th, 2010Entrepreneurial Info Choosing the wrong mentor can have disastrous results. This article explains what to watch out for when taking on a mentoring partnership. Read More
“Slow Growth”: Embracing Project Management August 5th, 2010MMM Tech Law Video Channel General Counsel/In-House Attorneys, Legal Project Management An increasing number of law firms are discovering that the development of a project management system can improve productivity, but some remain hesitant to take the plunge. This Law Technology News article offers tips for encouraging your firm to embrace project management. Read More
Building Efficiency, Controlling Costs through “Legal Project Management” August 4th, 2010MMM Tech Perspectives General Counsel/In-House Attorneys, Legal Project Management From Duke Law Magazine comes this article offering practical pointers for legal practices. Yates explains how bringing project management to the realm of legal practice can increase productivity, cut costs and save valuable time. Read More
Lawyers as Accidental Project Managers August 4th, 2010MMM Tech Law Video Channel Legal Project Management, MMM Articles Lawyers as Accidental Project Managers (The Case for Project Management in the Practice of Law) By Grant W. Collingsworth You’re sitting at the closing table for an important corporate acquisition. You’ve been working on this Read More
“Twitter Helps Usher in New Set of Trademark Perils” August 3rd, 2010Patents/IP Infringement, Intellectual Property, Trademark As social media outlets become increasingly popular, trademark owners are faced with a completely new arena in combating trademark infringement. This article explores how companies are working to maintain the integrity of their brands as legislation tries to catch up with the changing times. Read More
“Preparing Your Company for an Initial Public Offering” August 3rd, 2010Tech IPO IPO, MMM Articles, Practical Pointers by John C. Yates, Esquire Are Incorporation Documents and Corporate Records in proper form? Articles of Incorporation must comply with state law (O.C.G.A. §14-2-202 for Georgia corporations) and should indemnify Directors to the maximum extent. Bylaws must accurately reflect an effective plan for managing the Company and regulating its affairs and should protect the Company’s Officers and Directors from liability to the maximum extent provided by law. Foreign Qualification Certificates must be available from every state in which the Company conducts the required level of business. Stock Read More
Implementing a Revenue Recognition Plan August 3rd, 2010Finance, Accounting & Compensation Contracts, Finance, Practical Pointers, Sales by John Yates Introduction This memorandum provides practical pointers for technology companies and their professional advisors to consider in view of the impact that accounting guidelines, industry practices, and other revenue recognition requirements may have on their business. In many cases, these pointers will help to reduce the amount of time required to respond to future inquiries from third parties and accountants regarding a company’s understanding and implementation of revenue recognition policies. 1. Determine Revenue Recognition Goals. The technology company should determine whether its goal is to recognize revenue as soon as possible or defer the recognition of revenue. If the goal is Read More