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“When you spot leadership potential in a member of your team, you should begin nurturing it as early as possible,” says Michael Glaser.        

Courts have struggled with the interpretation of the 2019 amendment to Section 547, specifically whether the due diligence requirement is an element of a preference claim that must be adequately pleaded in the plaintiff’s complaint. While the law is still developing, there are three important takeaways for trustees to consider.        

“Simply refusing to get involved or pretending it doesn’t exist is not a strategy for success. Embracing it wholeheartedly without examining potential pitfalls and mitigating risks is also not a strategy for success,” said Adam Weiss, Relativity’s chief legal officer and chief administrative officer.        

Tom Girardi, 83, was charged on Feb. 1 with stealing at least $18 million from clients of his Los Angeles law firm, Girardi Keese, over the past decade. Others have been indicted. Here, we compiled the reporting in one place.        

“It may not always be easy to hear, but requesting and accepting feedback from your case teams, supervising attorneys, and clients shows a desire to learn and grow and is key to your professional development. And, as you get more senior and supervise others, pay it forward and provide constructive feedback to others.”