Friday, August 3, 2012

How to Write a Book: Speak Your Book | Kristen Eckstein, Ultimate ...

speak your book 300x228 How to Write a Book: Speak Your BookYou know as a speaker you need a book for the added credibility, but somehow you just can?t get yourself to sit down at a computer and write. You are not alone! Most of my clients are speakers who have this same issue. Between running your business, trying to secure lucrative speaking gigs, and general lifecircumstances, finding the time to write a book can be daunting.

But think about this: How hard is it for you to get up in front of a crowd to speak on something you?re passionate about for an hour or two? What if you could simply speak and turn your words into a book?

It is possible to speak your book! One hour?s worth of speaking can easily be turned into 35-40 pages of written text. Speak for only three hours and you have 100 pages you can turn into a decent-sized credibility-boosting book. Here are four easy steps to get your book done in record time:

Step 1: Speak and Record

This is so easy, it?s ridiculous. All you need to do for this step is to record yourself speaking on a topic you?re passionate about. It?s best to record yourself speaking on a subject you want to boost your credibility on the stage, as this will be the basis for the material in your book.

Step 2: Transcribe

Hire a transcriptionist to take your recording from Step 1 and turn it into a manuscript. This manuscript will be very raw, but all this raw material will be the foundation upon which you can build your book.

Step 3: Edit

Because we speak differently than we read, reading a directly spoken manuscript can be very difficult for the brain to comprehend. This is the most complex step to complete, as it will usually require a developmental editor. The good news is you can outsource this portion to a qualified editor and still remain hands-off for this part of the process.

Step 4: Publish

Now comes the fun part?watching your credibility-boosting book take shape before your eyes! The publishing process consists of cover design, layout, setting up for print, and distribution. After this step you?ll have a completed book to proudly display at the back of the room, increase your credibility, and land more speaking gigs and clients than ever before!

Advanced Strategy: Turn your webinars and teleseminars into small lead-generating Kindle books to reach an even larger market with your message!

Speaking a book can be the best option for busy entrepreneurs who prefer the stage to sitting in front of the computer writing for hours on end. If this describes you, speak your book and get it done and distributed faster than you thought possible!

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pixel How to Write a Book: Speak Your Book

Source: http://ultimatebookcoach.com/how-to-write-a-book-speak-your-book/

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Source: http://bond17.typepad.com/blog/2012/08/how-to-write-a-book-speak-your-book-kristen-eckstein-ultimate.html

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Thursday, August 2, 2012

Olympic houses turn London into global party

(AP) ? Russia wants to knock your socks off. Denmark is stylish and sophisticated. Ireland is up for a party ? on a budget.

There are more than 200 countries at the Olympics, and they have two ways to stand out. One is on the medal podium ? the other is by partying.

Dotted across London, national hospitality houses offer a base for a country's athletes, officials and occasional celebrities. Some are open to the public, showing a festive side to tourists from around the world. Others are strictly invitation only, like the American pavilion at the Royal College of Art.

Here's an eclectic, unscientific guided tour:

RUSSIA: 2014 IS OURS

Russia, home to the 2014 Winter Games in Sochi, has pulled out all the stops with two open-air attractions, Russia Park and Sochi Park, set in London's Kensington Gardens.

Russia Park is a vast sea of Astroturf dotted with bean bags, ping pong, chess and mini-golf. Medal winners and artists share the stage, with entertainment ranging from Central Asian throat singers to jazz bands to mini-rock festivals.

Inside scoop: Admission is free. Blinis and beef stroganoff are available but alcohol is not, and you must be able to stomach an endless loop of Queen's "We Are the Champions."

WINTER PALACE

A 10-minute walk away, Sochi Park is the showcase for the Russian city and region that will host the next Winter Games, with attractions including virtual skiing and a nightly ice dancing show featuring big-name Russian skaters.

Scoop: Ouch on the admissions price: 18 pounds ($28) in advance, 20 ($31) at the door. Adding to the pinch, the ice show is extra.

SAMBA, BABY

Brazil, home to the 2016 Rio de Janeiro Games, has transformed Somerset House, a sprawling edifice beside the River Thames, into Casa Brasil.

The courtyard has been taken over by Brazilian bands, including Sargento Pimenta (Portuguese for Sgt. Pepper) a popular Carnival ensemble that takes a samba approach to Beatles classics. The bar serves up a mean caipirinha, a popular Brazilian cocktail. There's also a "3-D paragliding experience" and extensive exhibitions of Brazilian art and design ? much of it bold, confident and playful.

Scoop: Brazil is a vast, varied and vibrant country, so bring on the 2016 games! But who forgot to sell any Brazilian food?

CHEAP YET CHEERFUL

Recession-hit Ireland has installed its national house ? inevitably, perhaps ? in a pub. In the King's Cross area, close to the Javelin trains that run to the Olympic Park, it sprawls over three floors, from a basement bar styled on a British comedy to a main floor with live music to a roof terrace and bar. The Guinness flows, the atmosphere is convivial and unpretentious.

Scoop: Debt crisis, what debt crisis? Financial woes are not going to stop this party, but the menu offers more burgers than truly Irish fare.

THE BIG ORANGE

The dedicated party crowd heads to the Netherlands' Heineken House, legendary for its festive vibe and free-flowing beer. It has taken over Alexandra Palace in north London, which has many areas in which to eat, drink and relax and a large concert hall where DJs get a youthful orange-clad crowd gyrating.

Scoop: Party, party, party! But that orange color is bright and it's a slightly out-of-the-way location. Tickets must be purchased in advance.

SMALL IS BEAUTIFUL

Denmark has turned a yacht-fringed marina, St. Katherine Docks, into a little corner of Scandinavia. There is music, hotdogs and beer, Scandinavian designs, meaty food and big screens showing Olympic highlights including handball ? a Scandinavian obsession.

Scoop: Cool and relaxed. Pork neck marinated in beer with rosehip compote, anyone? Admission is free, but bring raingear, most activities are outdoors.

ALPINE TREATS

Nearby Austria House offers bratwurst with sauerkraut and Stiegl beer on a ski chalet-style terrace with views of the Tower of London.

Scoop: Sporty and fun but celebrity potential is limited. Still, Prince Albert of Monaco, who learned to ski in Innsbruck, is expected to drop by.

CZECH MATE

Some houses ? including Jamaica's ? have yet to open, but so far the gold medal goes to the Czech House, which has transformed a conference venue in north London's Islington neighborhood into a giant party playpen.

We're talking indoor basketball, pool tables, foosball, a chill-out zone, plenty of Pilsener, DJs and even the Czech funk band Monkey Business one evening. The venue scores extra points for eccentricity. Outside is a large sculpture by Czech artist David Cerny of a London double-decker bus doing push-ups. Inside, an inflatable version floats surreally over the heads of partygoers.

Scoop: Fun and wacky, but does Czech food really need to cost 17 pounds ($27) for goulash and bacon dumplings?

___

Gregory Katz contributed to this report. Jill Lawless can be reached at http://Twitter.com/JillLawless

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-08-02-Global%20Party/id-166d578d0d72435a907cf4e25698e22a

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Cruz's Texas victory shows tea party staying power

Ted Cruz, Republican candidate for U.S. Senate, speaks to the media, the day after defeating Lt. Gov. David Dewhurst in a runoff primary election, Wednesday, Aug. 1, 2012, in Houston. Cruz says his tea party supporters who helped him pull off an upset in the Republican primary runoff are "everyday Texans" who want common sense answers to problems plaguing the country. (AP Photo/Houston Chronicle, Brett Coomer)

Ted Cruz, Republican candidate for U.S. Senate, speaks to the media, the day after defeating Lt. Gov. David Dewhurst in a runoff primary election, Wednesday, Aug. 1, 2012, in Houston. Cruz says his tea party supporters who helped him pull off an upset in the Republican primary runoff are "everyday Texans" who want common sense answers to problems plaguing the country. (AP Photo/Houston Chronicle, Brett Coomer)

Texas Republican Senate candidate Ted Cruz speaks to the media, Wednesday, Aug. 1, 2012, in Houston, a day after defeating Lt. Gov. David Dewhurst in a runoff. (AP Photo/Pat Sullivan)

Texas Republican Senate candidate Ted Cruz speaks to the media, Wednesday, Aug. 1, 2012, in Houston a day after defeating Lt. Gov. David Dewhurst in a runoff. (AP Photo/Pat Sullivan)

Texas Republican Senate candidate Ted Cruz speaks to the media, Wednesday, Aug. 1, 2012, in Houston a day after defeating Lt. Gov. David Dewhurst in a runoff. (AP Photo/Pat Sullivan)

(AP) ? Ted Cruz's Senate primary victory in Texas will provide a boost for tea party-backed, no-compromise conservatives in Congress.

His all-but-sure win in November will increase the number of tea party-aligned senators to six, and as many as seven more could win election. That will ensure a bigger impact on both politics and policy on Capitol Hill, even if Democrats manage to retain a Senate majority and the White House.

Dozens of tea party-supported candidates won House seats two years ago, but only four were elected to the Senate: Marco Rubio of Florida, Ron Johnson of Wisconsin, Rand Paul of Kentucky and Mike Lee of Utah. They joined South Carolina Sen. Jim DeMint, an ideological godfather of a movement born in the aftermath of Congress enacting President Barack Obama's health care overhaul two years ago.

As a result of those small numbers, the tea party's impact in the Senate has been less than in the House ? for both parties.

Republicans speak optimistically of possibly taking Senate control ? though Cruz will take a safely Republican seat ? and most GOP senators tout their own conservative credentials. But Senate Republican leader Mitch McConnell has generally not had to contend with conservative insurrections, while House Speaker John Boehner regularly faces fierce resistance from blocks of conservatives at the mere mention of compromise with Democrats.

Cruz defeated the establishment favorite, Texas Lt. Gov. David Dewhurst, on Tuesday after spending his entire campaign aligning himself with the tea party. He was endorsed by DeMint more than a year ago.

"We are witnessing a great awakening," he said of his victory, presenting himself as part of a new generation of conservatism.

With just three months until the general election, however, the 2012 campaign season has been anything but a tea party sweep. The movement couldn't settle on an opponent to Mitt Romney for the Republican presidential nomination, although more than half a dozen auditioned.

And it came up short in a bid to unseat veteran Republican Sen. Orrin Hatch of Utah just two years after Lee pulled off a stunning upset in the state. At least a handful of the tea party-backed candidates in the House also face tough re-election fights this fall.

But Cruz's victory does add to the momentum of tea-party-sponsored Richard Mourdock's upset victory in Indiana's Republican primary over Richard Lugar, a six-term senator who partnered with Democrats on foreign policy. .

Democrats quickly predicted that Cruz's arrival would create havoc for McConnell. Sen. Patty Murray, the head of the Senate Democrats' campaign arm, virtually conceded he'll win in November before musing Wednesday on Cruz's impact.

"I think the bigger issue there is that Mitch McConnell is now going to have a potentially much more Tea Party-oriented caucus, and we have all seen the damage that has done to our ability to govern, to find compromise, to move this country forward in a positive direction, she said. "It's more of their problem than ours."

A stronger tea party presence in the Senate could have a significant impact even before the 2012 election winners take office. Just the prospect could tip the scales in a lame duck post-election session on tax cuts and possible military spending cuts.

Expect an even bigger impact in February when the government approaches the $16.4 trillion ceiling on federal debt. Raising it again is anathema to tea partyers.

Republicans are already welcoming Cruz's arrival.

"People are mad at Washington, D.C., they're mad at what they perceive to be the establishment and they want some change," said Sen. John Cornyn, a fellow Texan and head of the Republicans' Senate campaign arm. "I certainly understand why."

Just how much the tea party's impact grows in the Senate depends on the outcome of seven other races.

In Indiana, Mourdock still has to defeat Democratic Rep. Joe Donnelly in November.Nebraska State Sen. Deb Fischer ran as a strict conservative to emerge from a crowded primary and will take on former Sen. Bob Kerrey in a race to replace Democratic Sen. Ben Nelson.

The three candidates in Missouri's GOP primary have all brandished their deep conservative credentials as they compete to take on embattled Sen. Claire McCaskill. And several of the candidates in Wisconsin's hotly contested Republican Senate primary later this month have positioned themselves as tea party alternatives to former GOP Gov. Tommy Thompson. The winner will face liberal Democratic Rep. Tammy Baldwin in November.

In addition, Rep. Connie Mack, the strong favorite in a Republican primary to take on Sen. Bill Nelson in Florida, has expressed support for the tea party movement, as have Josh Mandel, the Republican-nominated challenger to Democratic Sen. Sherrod Brown in Ohio. Former Sen. George Allen has picked up some tea party support in what will be a tight Senate race in Virginia against former Democratic Gov. Tim Kaine.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-08-01-Senate%20GOP%20Divisions%201st%20Ld-Writethru/id-90f8588ceaa14351978d84c5e9bbd16c

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The Debrief: ASG Sidharth Luthra on creativity, criminals, success ...

Sidharth Luthra: Laying no fingerSidharth Luthra: Laying no finger

Senior counsel and new additional solicitor general Sidharth Luthra?s credo - becoming so good that nobody can lay a finger on you - sits well with his propensity for hard work at nearly superhuman levels and a passion for the criminal court room. And if anyone in the Delhi courts was not already aware of him, there are also his well-known pre-court-vacation parties of course.

Advocate Adit Subramaniam Pujari meets Luthra for Legally India?s new Debrief series to find out about his practice and what makes the man tick.

All work and some play

Luthra is perhaps one of the hardest-working senior advocates around. An ordinary week in his office sees him start work at 7am and continue post court hours until 9pm, Monday to Saturday. Naturally, Sundays are also busy (after all, Monday begins in less than 24 hours!), although he says that he tries to avoid meeting clients.

I meet Luthra for our interview on 21 June, during the summer break. He returned to Delhi late the previous night; now he is here with me at 10am, after advising clients who walked in an hour earlier. This, I repeat, is during the summer break.

When I see him again about this interview on 5 July - the night before he?s appointed additional solicitor general for the Supreme Court - clients are walking into his office at 10.20pm to begin their meeting with him. It is not unusual for Luthra to work until 1am on days when heavy matters are on, and to see him back in the office at 7am the next morning.

?When I started my practice, in the first few years, I had a lot of time and little work. When my practice picked up around 1998-2000, I was working about 16 to 17 hours a day, six days a week and about 12 to 14 hours on the seventh day,? recounts Luthra about his early years in the profession. ?I did that for 10 years.?

?Presently, I start my morning at about 7 am and work till about 9 in the night. If I can, I take a break in the evening for about 45 minutes to an hour. Sometimes I read after dinner as well.?

Part of this may be a by-product of his time spent with his PR Vakil, who was more than just a mentor to him.

Numbers game

Despite his late father KK Luthra being an eminent senior advocate, Sidharth Luthra started out his legal career with an unlikely background. He studied sciences in school, followed by a BA in mathematics.

?I wish I could have done architecture but I had no one to guide me towards architecture,? he muses. ?I tried my hand at the engineering entrance classes but didn't enjoy the training. In our time, the best options were medicine, engineering, chartered accountancy or a normal graduation followed by an MBA or selection as a management trainee straight out of college.?

But as a university student he instead gravitated towards freelance journalism, he says, beginning with the photography for a friend?s weekly university affairs column, later ?dabbling? in written journalism, including on legal issues, as well as radio, TV and a bit of sports commentary. It was fun, he remembers, and the pocket money by his standards then was good too.

?All of this, and my interest in theatre, debating and moot-courts, put me in a frame of mind for a career in law and specifically litigation.?

But after finishing his law degree at the Campus Law Centre, Delhi and a criminology masters in Cambridge, he still had no desire to practice criminal law. ?I did not want to be in the shadow of my father and it was a long and large looming shadow.?

Sidharth Luthra fact file:

1984-87 BA Math.

1987-90 LLB Campus Law Centre, Delhi University

1990-91 MA, Criminology, Cambridge University

1991-92 Bhasin & Co, purely civil work at the district courts (Tis Hazari), consumer forums and commissions, and ?a little bit at the high court?

1993-96 ?My grandfather was not well and needed me. I began my own work and though I used my father's chambers, I stuck to civil work.? Practised both corporate work and civil litigation, and patents and trademarks applications. ?During this period, I did very little criminal work, although I was on the legal aid panel of the Supreme Court and got some opportunities there.?

1996 to Date: Criminal law practice, defence and prosecution

2007: Designated senior advocate

2012: Designated additional solicitor general, Supreme Court

?In 1990, when I graduated from law, there were few firms doing what is now called corporate practice, as the profession was not as organised as it is today.? He remembers that the top Delhi firms back then were JB Dadachanji, Bhasin & Co, Shroff & Co, Karanjawala, and Gagrats, while in intellectual property there were ACME and Co, Anand and Anand, and Remfry and Sagar.

?The other alternative for a lawyer was to try and join as a law officer, in a corporate house such as Levers [now Unilever], which had the best in-house legal team any corporate has ever had,? claims Luthra. ?The legal heads of many corporations today have begun their careers or worked at Levers at some point of time.

?Else, you could join a bank, or a government corporation as a law officer, or pursue the teaching of law.?

Teaching and research, incidentally, was his first love, he says, but he missed the deadline to teach at Delhi University?s law faculty when he returned from Cambridge in 1992.

When he got the chance to teach again in 1997, his father passed away unexpectedly in May of that year and Sidharth Luthra recounts that he was hit with the professional and financial constraints of having to ?come to grips with the practice?.

Luthra likened his feelings upon the loss of his father to Abhimanyu of legends. ?I saw the way in but not the way out. I would see his files and notes, and with no grounding in criminal law, I hoped I knew what the crosses and marks meant, but I was never sure. In such situations, necessity is the mother of invention and innovation was the only way forward.?

He gives much credit to his mentor and father-figure PR Vakil (a ?brilliant? Mumbai criminal lawyer). ?He and my late father were opponents for three to four decades but were also great friends. After my father?s death, I worked with him closely and he encouraged, supported and taught me criminal law.?

Vakil also had ?an endless capacity to work hard?. ?We would work from 11 pm to 4 am at his residence, when he would offer me a drink and still expect me to be back with him at 10 am!?

A new beginning

It was around that time that Luthra reinvented himself as a criminal lawyer, which he is now best known for. But he says: ?Since my grounding was in civil law, I believe that my understanding and reading of civil procedure law is still better than my reading of criminal law.?

Client referrals initially came from friends, relatives and even neighbours at times, sometimes unpaid or only partly paid, and sometimes he says he would even end up out of pocket when a client did not pay.

?Every experience was a learning experience. I met people who were active socially in local clubs, resident associations, some of whom took a liking to me and would keep recommending my name to prospective clients.

?I call them my guardian angels, they taught me a lot about law, though they were not lawyers but had great experience in mukadmebaazi, as also public dealing.

?Every year, there were lean periods and there were busy periods. One would rationalise the lean periods and hope for the busy periods.?

DNA

Lineage may be an asset or a liability and comes in two types, according to Luthra: familial and from chamber seniors. ?I can only tell you what my late father told me: he said that you have to be so good and thorough that no one can lay a finger on you.?

The legal profession, and litigation in particular, is about hard work, intelligence, focus, thinking on your feet, court craft, and on-the-job skills. ?Anyone with a combination of these factors, and with the necessary opportunities, call it luck if you like, can shine.?

Litigation is like being an actor on stage, requiring an opportunity to showcase one?s talents before one can actually shine, he continues. ?If you are too picky and choosy, you won't get that opportunity. If you are careless in your work, you will not make the cut.?

Luthra says that legal aid and amicus briefs can be great at providing opportunities to hone your talents and give back to society. ?Unfortunately,? adds Luthra, ?not enough lawyers work for legal aid authorities.?

The client is (not) always right

Luthra has seen and experienced first-hand the highs and lows of being a junior litigator, despite the common sentiment of preferential treatment being meted out to the offspring of lawyers.

?As a young lawyer, you do come across situations where your client puts forward a factual scenario which he wants you to present in court. Sometimes, such a factual statement is not appropriate for a lawyer, being an officer of the court,? shares Luthra. ?However, a distinction between what is in the clients? interest, what is discernibly factually correct and based on the record, and what is inappropriate, is something you learn with the guidance of seniors in the profession, colleagues, from judges, and by experience.?

?I remember that just around the time I was about to get married, a client gave me seven files. His cases were in a mess and he wanted the matter to be put on track. He insisted that his previous lawyer had been unfair to him and had not appeared or represented him properly, and that was the reason he was moved ex parte.

?I inspected the files, and found that the in most files the situation was similar. His lawyer had not been present on a few dates, and I noted that there were other lawyers also who had not appeared in the past and there were previous adverse orders, by which he had been proceeded ex parte, was in default and later got restorations done.

?I moved an application stating these facts, and when I appeared, the opposite lawyer AK Gupta, an elderly gentleman and a fine, garrulous man, saw me and began attacking my client as a man of dubious practice. He pointed out that this was the seventh such restoration application and he laughingly told me that I knew nothing about my client, who was his contemporary in college and would ditch me once he got the restoration order.

?Of course, I took umbrage to this and reacted, and the judge calmed me down. I did get the order, more due to my youth I suspect than any advocacy skills.

?To my horror, the client, on the hearing of the order, and an imposition of a cost of Rs 500 in 1992, expressed his unhappiness to my handling of the situation and asked for his files back.?

?Forget my fee,? adds Luthra, ?he didn't even pay the expenses.?

?A few months later,? he remembers, ?I got a call from a close friend who asked me why I had left the matter, because he had now been engaged by the same client. Today, if a similar file came, I would perhaps be able to read between the lines, but at that stage, I genuinely believed that my client had been wronged by the previous counsel.?

Pushy judges

Experience is a great teacher, comments Luthra about the love-hate relationships at the bench and the bar. ?Sometimes you think that you're being pushed by judges and opposite lawyers when you're young.

?Anybody joining litigation should understand that the practice in court is about respect and credibility, neither of which is gained overnight. Lawyers with experience gain respect, credibility and recognition because of the years that they've put in, and so they command a good hearing at times.?

?However, with respect and credibility comes responsibility,? he says: seniors would not be able to get away with the mistakes younger lawyers make that are pardoned by most judges.

?Some of the most wonderful experiences in my early years, and even now is when I see younger colleagues in courts encouraged by judges who insist that freshers at the bar argue matters when seniors don?t reach, but, finding that grant of relief is impossible, adjourn the matters to let the seniors take the brunt of refusal of relief, rather than having the poor junior blamed for it.

Dealings with criminals

?Criminal law is about understanding and appreciating human nature and human emotions: it allows you to see life in its most stark realities,? claims Luthra.

Agreeing that litigators sometimes have to negotiate grey areas in criminal practice, he says that this is common to all areas of litigation. ?Say you have a bail order, and you need a dasti copy fast, your client is in custody, and there is going to be a four-day holiday.

?The question is, will you do everything in your power to get that order, or will you stand back as a silent spectator? This is no different from the position in civil law. In civil law too, if you have an injunction and the certified order is not obtained in time, despite having been signed by the judge, the purpose of the interim order would be lost. ?The practical realities of work done in the profession are similar to both civil and criminal practice.?

However, Luthra feels that it is possible to practice in the field of criminal law with an ethical, honest and efficient practice. Clients today, he says, look for lawyers who can deliver both in terms of strategy and cross examination and at trial and this area of work is being recognised. ?At one stage, a few decades back, the fact that witnesses were turning hostile or due to delays not turning up, meant that there would be no evidence to obtain a conviction.

?However, with courts becoming faster, and a change in how judges appreciate the testimony of hostile witnesses, has woken up litigants to the fact that they need effective cross examination.?

?Of course, criminal law requires one occasionally to visit police stations and to attend interviews in jail with litigants to take instructions? The exposure to the manner in which a person's rights are to be protected from violation and how the criminal justice system works in practice helps [complete] the legal profession. In countries like the USA or the UK it is the trial criminal lawyers who have the most respect and recognition,? says Luthra.

Defenders vs prosecutors

Having appeared on both sides of criminal practice, Luthra says that although he finds both sides fascinating, he?s primarily a defence lawyer. ?I think defence work is more challenging today.?

Emphasising the need for ethics in the legal profession, Luthra says: ?Ethical prosecution, i.e. a prosecution where an independent prosecutor analyses the material and takes decisions independent of the investigator and also ensures that both exculpatory and inculpatory material is available to the court, is far more important to the defence. The accused has a right to silence, but the prosecution must be fair and equitable.?

Working as a special prosecutor, he has come to appreciate the difficulties and pressures faced by investigators and the prosecutors. ?However, prosecutors must not shy away from doing their duty. The role of a prosecutor is not to overawe, but to place facts in the correct perspective and leave it for the judge to draw his own conclusions based on the evidence,? states Luthra.

Corporate vs litigation

Luthra acknowledges that litigation does not pay in the initial years, and many of those looking for money are drawn into corporate practice. ?When I came back from Cambridge, I was earning Rs 1,000 per month and my petrol expenditure was Rs 2,000 per month. Every litigator does not make large sums of money.

?I feel that those lawyers who can afford it must train youngsters and must be generous to their juniors.?

?Corporate practice has its charms and it has its benefits. It has different challenges than litigation. However, the firm structure in India is yet to be more inclusive.?

Luthra adds that at law firms the distinction between salaried and equity partners ought to be removed. ?If you're good enough to be a partner, why should you not have a right to equity, and fair equity, and not just a minor percentage, which does not even give a sense of belonging??

?Litigation on the other hand, offers a world of opportunities, especially since there are newer and specialised areas coming up daily. In the last few decades, we've had anti-dumping law, securities law, and competition law, among others. Apart from this, the Indian state continues to criminalise all forms of conduct (of course this needs to be rationalised sooner than later) but until then, it is boom time for criminal practitioners.?

Starting out

Luthra feels the ideal place to start practice after law school, is to either join a lawyer with 10-15 years of experience who has a lot of work, or with a government lawyer, who has a lot of opportunities. ?One could join a firm, or a senior counsel's office, but in my view, that is not the place to start.? He caveats his opinion by clarifying that money can?t be a priority in such situations.

During law school, he believes, the best places for learning are often the moot courts. In fact, Luthra spends significant time and personal efforts organise the annual KK Luthra Memorial Moot Court, which is a popular event that is part of Legally India?s Mooting Premier League. [The 2013 problem is now available for download]

?In our time, the focus of teaching was academic in nature. Moot courts were not a priority. There were two national level competitions - Jessup and the BCI moot. While we had excellent teachers, the focus was not on the practical aspects.?

Outside the box

Luthra credits his initial education in mathematics, which taught him to analyse, search deep for answers, and join the dots. ?Creative thinking in a matter means having time for reflection. If you overburden yourself you will lose your creative edge. The practice of law is not a numbers game alone but about the innovation that you bring to the table.?

Stating that the knowledge of law comes with practice, Luthra feels that it is the ?application and the strategy that makes a difference.?

?Having lost my father early, I ended up working closely with the best lawyers and judges. All of them bring a combination of brilliance, hard work, and innovation to their work. I have tried to inculcate that element in a small way in the work that I do.

?For many years my wife, Ketaki, and I did matters together where we evolved joint strategies on the civil and criminal side which led to a lot of creative thinking and not just a uni-dimensional approach.?

In the last few years, Ketaki reduced her practice to give time to the family, while Sidharth Luthra says he balances out the weeks-on-end of long hours with at least four holidays a year with his family.

?I want to practice law, but there is at least one book which I hope will be written and is waiting to be written. The practice of law is a wonderful and glorious experience, but writing an academic book, or recording your experiences in a readable manner is something that I would like to do.

?One thing is sure, I will work as long as I can deliver, and enjoy it, and when its time to move on and hang up my boots, I shall try and do it at a time of my own choosing rather than becoming irrelevant.?

Judicial teatime

?A litigating lawyer must be thick-skinned but not too much. There are moments when a judge may pull you down, and the reasons for that can be his understanding of your case, or an error on your part. Every lawyer has moments when he is distressed or disturbed in the practice of litigation (or so I think), and I've had my share.

?One experience is when in the Tehelka Commission, my witness went up for re-examination? However, he had been cross -examined for over a few hundred hours over days on end, he began reading out answers, at which the judge got very upset. Justice Venkataswami got him to remove the papers from his hand, struck out the answers and was justifiably livid.

?It was a great embarrassment to me, and I was very disturbed. In the lunch recess, I went to see the judge and apologised for what had happened inadvertently. However, when I went in, the judge was very kind. He understood my predicament, and he realised that the client's error was bona fide and a mere lapse. He offered me a cup of tea and consoled me, which was very gracious of him.?

Luthra says that there are moments in court where you feel upset and disturbed, more so because the entire court room is watching you, ?but one has to come back, reflect and see where the error lay?.

?The answer is again that you just have to be so good that nobody can lay a finger on you?.

Adit Subramaniam Pujari, a Delhi-based advocate, met Sidharth Luthra. Legally India?s Debriefs series will interview leading litigators and advocates about their practice and how to succeed.


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Source: http://www.legallyindia.com/201208012989/Interviews/the-debrief-asg-sidharth-luthra-on-creativity-criminals-success-and-tea-with-kindly-judges

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Wednesday, August 1, 2012

Pfizer 2Q net income rises 25 pct on lower costs

Drugmaker Pfizer Inc.'s second-quarter net income jumped 25 percent as sharply lower costs for production, marketing and restructuring more than offset a plunge in revenue from cholesterol fighter Lipitor due to increasing generic competition.

The world's biggest drugmaker easily beat Wall Street expectations. Pfizer's stock rose 19 cents to $23.90 in premarket trading.

The Viagra maker, based in New York, said Tuesday that its net income was $3.25 billion, or 43 cents per share, up from $2.61 billion, or 33 cents per share, a year earlier.

Excluding one-time items, adjusted net income was $4.67 billion, or 62 cents per share. That beat Wall Street expectations for 54 cents per share.

Revenue totaled $15.06 billion, down 9 percent from $16.49 billion a year ago. It still topped expectations for $14.93 billion, according to FactSet.

Analyst Dr. Timothy Anderson of BernsteinResearch wrote to investors that Pfizer's strong profit "was primarily driven by better revenues, better gross margins, and lower" selling, general and administrative spending. Profit margins on product sales were wider than expected, he noted.

The company noted that sales lost to generic competition cost it about $2 billion in the quarter.

That's mainly because Lipitor, which reigned as the world's top-selling drugs for years and had peak global sales of $13 billion a year, got U.S. generic competition on Nov. 30. Early sales losses to two generic versions were slowed by Pfizer's ground-breaking strategy to keep patients on its brand as long as possible. That included offering prescription plans huge rebates to exclusively cover Lipitor for the first six months and patients discount cards to get the pills for a $4 monthly copayment, which continue. But the insurer rebates stopped at the end of May when many more generic versions flooded the market and prices plunged for all the generics.

As a result, during the quarter U.S. Lipitor sales nosedived 79 percent, to $296 million from $1.4 billion in the second quarter of 2011. Total Lipitor sales were down 53 percent, to $1.22 billion.

Newer drugs, particularly pain reliever Lyrica and Prevnar 13, a vaccine against ear infections, meningitis and other effects of pneumococcal disease, showed sizable sales jumps that helped pick up the slack.

Lyrica sales jumped 14 percent to $1.04 billion and Prevnar 13 sales rose 8 percent to $916 million, while sales of an older version protecting against fewer strains of pneumococcal disease fell 46 percent to $84 million. Sales of Enbrel, for rheumatoid arthritis and other immune disorders, rose 8 percent to $988 million.

Still, total pharmaceutical sales fell 10 percent, to $13.14 billion. Sales of veterinary medicines edged up 3 percent to $1.09 billion, while sales of consumer health care products, such as ChapStick and Centrum vitamins, increased 8 percent to $768 million.

Analyst Erik Gordon, a professor University of Michigan's Ross School of Business, said the question is what the impact will be from Pfizer's cost-cutting in research, sales force and administrative spending, and "whether Pfizer can move out of shrink-the-company mode and back to growth mode. That hope depends on the success of its late-pipeline new drug candidates and its ability to grow non-U.S. sales."

Overall, Pfizer said U.S. revenue fell 15 percent to $5.7 billion, while international revenue declined only 5 percent, to $9.3 billion. The company noted unfavorable exchange rates cut revenue by about 3 percent.

"I am confident that Pfizer is well-positioned for long-term success given the potential of our innovative late-stage and emerging pipeline, strong operating cash flow, streamlined organization and disciplined approach to capital allocation," CEO Ian Read said in a statement.

Pfizer maintained its 2012 forecast for adjusted earnings per share of $2.14 to $2.24 and revenue of $58 billion to $60 billion.

Pfizer said it remains on track for the pending sale of its nutrition business, for $11.85 billion to Swiss food and drink giant Nestle SA, and the potential separation of its animal health business. The company said it expects to register with the Securities and Exchange Commission by mid-August for a potential initial public offering of up to a 20 percent stake in the company, to be called Zoetis.

"If the IPO is successfully completed, which we are targeting for the first half of 2013, we will have a variety of options to achieve a potential full separation of Zoetis," Read said.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-07-31-Earns-Pfizer/id-4cb668045b94414b8ed1c2151823f0d2

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Some Beneficial Information On How To Construct A Pc ? Personal ...

Developing your own rig can an enjoyable experience. You will have to use your imagination . In conditions of creativity you will have to get innovative since in a computer there are a lot of parts and specs. You will have to do some trial and error when matching up the components from different brands to occur up with the Pc of your goals.

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Choosing an instance of your laptop or computer program is also essential in constructing a notebook. Remember that the whole personal computer regions are taken care of within the outer shell for that reason the complete appears in your pc depends upon the design and style of your own casing. A good deal of men and women dont very good care considerably concerning the seems to be however other individuals necessary it to be further colorful and have completely flashing tools and lights on it. Our desire in this is that Required it recover straightforward of which satisfies all of my demands. Think it or not possessing a wonderful deal far more flashing lighting and decorations are spam and it essentially draws an excellent offer more ineffective power in your current.

CD, DVD Drives? These are vital to any laptop or computer as primarily DVDs are utilized to retailer masses of knowledge like, plans, games and so on. But as usually these drives might need to be modified as engineering improves, so does new techniques of storing data like Blu-ray (Blu-ray can store masses of data but Blu-ray drives can cost a lot to be set in your personal computer). DVD drives can be acquired external so there is no need to have to have it created in, even however it is better have it built in, as a substitute of getting far more wires. All round a DVD Drive is a must have.

The circumstance is the component you ought to commit as tiny income as feasible on. It basically has no actual purpose so purchasing an high-priced one particular just for the sake of looks just isn?t an intelligent selection. You far better devote a tiny more cash on a great and fast graphics card that will permit you to play excellent online games and observe motion pictures in formats these kinds of as Blu-Ray.

Audio Card. This is almost certainly one of the easiest parts to select out and add. Most standalone audio cards you?ll see out there (the very best way to go) are fairly very good in the electronic audio that they will give you. I would go with Creative Labs, who I talked about earlier, simply because they?ve been all around since the mid 80?s they have got this appropriate. Almost every 1 sold and created today is the PCI slot, the most widespread motherboard slot, so it is fairly hard to select a sound card that won?t function.

If you are like a good deal of folks out there, you have had one particular or far more of people ready-created pcs, and you just are not delighted with them for various factors.?The position is, you are entirely able of building a computer oneself, considering that there are a great deal of straightforward tools offered on the internet to assist you figure out www.thepcresource.com?yourself.

Nonetheless, Intel didn?t want NVidia to go on with the plans, and took this circumstance to court, saying that NVidia does not have the license to generate chipsets that assist Intel?s new QPI(QuickPath Interconnect) system and built-in memory-controller technology. But NVidia states that they have a handful of-years old license that makes it possible for them to do the exact thing.

The very first issue you will want to do when constructing a pc is choose what it will be employed for. Will it be utilised for surfing the internet, checking out e-mail, and business office apps? Or will you be performing a whole lot of video clip editing? Or probably you want a machine for taking part in the newest and finest games. All of these are inquiries to request your self when beginning to construct a personal computer.

Fundamentally keep in head socket sort, cooling troubles, and motherboard compatibility. Conventional CD drives and CD writers are also accessible.
www.thepcresource.com

Source: http://www.techreviewsworld.com/?p=51800

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