Generative artificial intelligence (GAI) is emerging as a game-changer, particularly in the realm of contract drafting. As the legal landscape rapidly evolves, it is essential that every legal professional understands both its potential and current limitations to effectively and ethically harness its capabilities.

The brewery and distillery industries have grown exponentially due to increasing popularity of craft beverages of all types, including malt-based and spirits-based hard seltzers and ready-to-drink cocktail products. The continuing expansion of the craft beer and distilled spirits markets is accompanied by substantial economic impacts – tax revenues, employment opportunities, real estate growth, and more. As more participants seek marketplace entry, the demand for brewery and distillery legal expertise grows.

Navigating the tax burdens associated with major real estate transactions—such as property development, long-term ownership, build-and-sell strategies, and like-kind exchanges—can significantly impact deal structures and overall economics. Tax complications can quickly derail even the most promising deals. Join us for a comprehensive webcast specifically designed for real estate practitioners, and learn advanced planning strategies to smooth transactions, enhance deal outcomes, and minimize tax burdens.

Do you feel irritated when your associate submits documents that aren’t written exactly as you thought they should be? Do you obsess over your own mistakes? Do you have trouble getting started on a task because you’re partially paralyzed by the fear of failure? Are you highly critical of those around you for failing to rise to certain standards? Do you find it difficult to achieve a sustainable work-life balance? If you answered yes to any of the above questions, you may suffer from perfectionism, a very common phenomenon among lawyers. In the pursuit of excellence, many lawyers fall prey to perfectionist behaviors, which can impair relationships, create both emotional and physical health problems, reduce job satisfaction, and lead to burnout. This practical CLE program will help you learn how to distinguish between a healthy pursuit of excellence and the dangerous behaviors of perfectionism, as well as how to harness your talent and high standards to reach a new level of personal and professional success.

Creating an effective business service agreement requires a detailed understanding of the services provided, as well as the capability to effectively protect confidential business information. At the outset, it crucial to set appropriate benchmarks for performance and establish reliable reporting mechanisms as key components if a business service agreement is to be truly successful.

Crafting a comprehensive estate plan involves a delicate balance of thoughtful decision-making, strategic implementation, and life insurance planning. When seamlessly integrated, these plans provide a foundation of financial security for individuals and family businesses, offering peace of mind both during their lifetime and beyond. However, achieving this harmony often eludes even the most seasoned practitioners due to common and less common pitfalls in life insurance planning. Designed to empower you with the knowledge and strategies necessary to navigate these complexities effectively, this webcast highlights prevalent life insurance planning mistakes within the estate planning context and shares effective avoidance strategies to safeguard the integrity of your clients' plans and wealth.

Sometimes the attorney-client relationship just doesn't work out. Whether your client is lying to you about critical information, hasn’t paid you in nine months, or you've reached an impasse on how the matter is to be handled, every lawyer needs to know when and how to walk away. But ending any relationship, including that between an attorney and client, is never easy. This webcast will guide practitioners through the maze of ethical and practical issues surrounding the termination of representation prior to the natural conclusion of the legal work.

Because real estate investment trusts (REITs) are often on the other side of a deal —whether it be a leasing, selling, or lending transaction — real estate counsel should appreciate REIT rules. Although popular, REITs are susceptible to setup and operational errors and REIT troubles can jeopardize what would otherwise be a successful transaction. In today’s market, understanding REIT formation and implementation considerations is critical to practice success. Join us for this masterclass covering the tax, corporate, and real estate complexities of REITs to avoid the complications that could torpedo your next deal!

Trusts are designed to protect beneficiaries – from themselves, other beneficiaries, creditors, and taxes. In some circumstances, it can be advantageous to designate, distribute, or appoint to another trust as a beneficiary of the primary trust. This beneficiary trust can be helpful for managing assets for minors or beneficiaries with special needs, providing asset protection, and maintaining privacy. It also allows for flexibility and customized estate planning strategies, and can be especially helpful in planning around overly broad state income taxes and source income rules that may otherwise affect the original trust or its beneficiaries. Join us for a look at the different circumstances under which you might want to name, distribute, or appoint assets to a trust as a beneficiary and the right types of trusts for each use.

Not-for-profit entities engage in various income generating activities, and most of these income streams are tax-exempt because they are earned while advancing an organization’s charitable mission. However, income generated from activities outside a nonprofit’s tax-exempt purpose may be subject to unrelated business income tax (UBIT). Revenue subject to UBIT can become quite costly to a tax-exempt organization, especially those that fail to accurately report the UBIT. This CLE webcast will provide not-for-profit organizations and attorneys who represent them or serve on their boards a foundational understanding of UBIT rules and strategies to mitigate UBIT risk. Register today for this perennial CLE webcast!