We Can't Count On The Fed To

America Is The Only Major Country That Tries To Ascertain Who Was The First Applicant To Invent The Product Or Procedure. This May Seem Fair, But Long Proceedings To Determine Precisely When Each Party Conceived An Idea Result Mostly In Keeping Innovations From Hitting The Market.

I've Seen People Spend Days, If Not Months, Researching And Gathering Data, But Only At The End Did They Finally Figure Out What They Were Really Looking For; Then They Have To Redo A Lot Of Stuff. If After A Day Or So You Force Yourself To Put Together Your Tentative Conclusions, Then You'll Have Guidance For The Rest Of Your Research.

Mandatory Auditor Rotation Is Designed To Address A Potential Conflict Of Interest Between A Public Company And Its Auditor. Because An Auditor Is Hired And Paid By The Public Company It Audits, The Auditor's Desire To Maintain A Good Relationship With Its Client Could Conflict With Its Duty To Rigorously Question The Client's Financial Statements.

The Night Before, Go Over Your Schedule And See What You're Going To Do And What The Purpose Of What You're Doing Is. I Advocate Having A Two-column Schedule. On The Left, Put Down All Your Appointments And Phone Calls. On The Right, Put Down What The Purpose Is.

From The Law Firm's Perspective, Billing By The Hour Has A Certain Appeal: It Shifts Risk From The Firm To The Client In Case The Work Takes Longer Than Expected. But From A Client's Perspective, It Doesn't Work So Well. It Gives Lawyers An Incentive To Overstaff And To Overresearch Cases.