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Tag Archives: Revenue

Tort/Negligence – Sovereign Immunity – Municipal Park – Revenue – Insurance (access required)

Horne v. Town of Blowing Rock Although our statutes and case law generally favor the application of governmental immunity in the operation and maintenance of public parks – particularly when the municipality derives no income from operating and maintaining the park – there remain issues of fact as to what revenue, if any, the defendant-town derives from its operation of the park in which the minor plaintiff was injured. Therefore, the town was not entitled to summary judgment on the issue of governmental immunity.

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Coach’s Corner: Of priorities and consequences in the practice of law (access required)

I recently spoke with an executive whose company makes software to help lawyers record billable time. He discussed failure to record time as a "time leak," because time is lost (and therefore not billed) when an attorney fails to make contemporaneous notations of work being done. Surveys done by the company suggest that at least one in five timekeepers consistently fails to record time contemporaneously, and almost 80 percent record their time days or even weeks later.

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To plan your revenue, plan your clients (access required)

Law firms seem compelled to focus marketing time and resources on where the money is not - constantly dispatching teams to give new business pitches for a wide variety of prospective clients, most of whom will not pan out. Certainly looking for opportunities with new clients is important. But it is far more essential for any firm to assess the clients it has, define the clients it wants and focus revenue generation on the optimum combination of the two.

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