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Counseling Franchises During the Recession
This deep recession is hitting virtually every corner of the economy. Some companies are faring better than others (McDonald's and Wal-Mart, just to name a couple), but there are very few companies that are not adversely affected in a significant way, including franchising companies of every stripe and size. Depending on one's particular industry or segment of industry, the effect may vary considerably. However, every company has to take stock of its business model and decide how it can best weather adverse conditions.
It is axiomatic that franchisors and franchisees need to work together to overcome the impact of the declining economy. Their success is deeply intertwined, and they are mutually dependent. Now more than ever, franchisors need to demonstrate leadership by making every effort to assist their franchisees. This might include redoubling marketing efforts to increase (or at least to maintain) sales levels, finding every way to cut operating costs without compromising brand integrity, providing effective training, and so on.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.