
Monte Carlo Simulation – Don’t Build a Bad House
Two takeaways for lawyers about Monte Carlo simulations, from finance columnist Michael McDonald.
Two takeaways for lawyers about Monte Carlo simulations, from finance columnist Michael McDonald.
Lawyers can serve their clients better if they have a strong grasp on the financial side of commercial transactions.
Legal expertise alone isn’t enough. Today’s most successful firms invest in developing the skills that drive collaboration, leadership, and business growth. Our on-demand, customizable training modules deliver practical, high-impact learning for attorneys and staff—when and where they need it.
For attorneys, understanding Monte Carlo simulations and their pros and cons can be an important advantage in business cases.
Today, marijuana industry appraisals are more speculative than in other areas. This will change as markets mature and it will change dramatically when federal prohibition ends.
If you raise money from outsiders, be sure to protect yourself. There are a ton of ways venture capital sharks can take advantage of you, even in the cannabis industry.
The emergence of litigation finance has enabled CFOs to better manage and finance a once dormant asset – potential litigations.
What are the world's most valuable law firms, in terms of total value and value per partner? Let's take a look at some new rankings.
* When it comes to the art of law firm valuation, you may be surprised when you find out which Biglaw firm is worth the most. Here are a few hints: it’s not Baker & McKenzie, and it’s not DLA Piper or Skadden, either. [American Lawyer] * Remember back in July when this Judge of the Day was busying clicking on hardcore porn sites while in chambers? As it turns out, now he’s busy crying in court while battling to keep his judicial career intact. [Chicago Sun-Times] * Evening students are capable of doing more than ruining your class rank. Jacob Lew, once a night student at Georgetown Law, is now the White House chief of staff assisting with fiscal cliff negotiations. [New York Times] * For now, the only thing that’s keeping Florida from gaining another law school is a lack of square footage in the real estate rodeo. But that’s probably a good thing, because adding a twelfth law school would be more than a little ridiculous. [Daytona Beach News-Journal] * Samsung’s trying to get out of paying $1.05B to Apple, and their lawyers are trying to pin knowledge of the jury foreman’s misrepresentations on their technological nemesis to get the verdict thrown out. [Bloomberg] * Shakira’s hips don’t lie, but her contracts allegedly do. The sexy singer’s ex-business partner (who’s also her ex-boyfriend) is suing her for $100M to “recover his share of past and future partnership profits.” [Billboard]