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Employer Associations, TPAs, Professional Employee Organizations (PEOs) and Multi-Employer Plans (MEPs) now have a compass to provide qualified benefits based on a series of Department of Labor Regulations 83 FR 28912 (6-21-18), RIN 1210-AB88, Executive Order Aug. 31,2018, IRS proposed regulations and Advisory Opinions. The Department of Labor (DOL) published a complex set of proposed regulations at the end of June and October 2018, under Title 29 of the Code of Federal Regulations, with the stated goal of expanding access to benefits and saving options by clarifying what employer group, association, and PEO may sponsor and fund as workplace benefit plans.
By Marcus Dyer
As law firms endeavor to survive in an increasingly competitive world, one strategy picking up steam is the law firm merger. In this article, we recap law firm merger activity in 2018 and consider the economic outlook for law firm mergers for 2019.
By Lawrence L. Bell
Planning for executive benefits for top hat employees at non-profit organizations has undergone a frenzy of regulatory roadmap changes. Nonprofit NonQualified Benefits are largely directed and controlled by IRC §457.
By Kevin Harris
Prebilling, the process of generating invoice drafts and circulating them for annotation/adjustment, is one of the most important monthly tasks a law firm conducts. Since prebilling involves bringing money into the firm, the more efficient the process becomes, the better off the law firm is financially.
By Stephen Cole
Information governance and the protection of corporate data are top concerns for law firms. To ensure standards are met, some clients are now tying payment to compliance with Outside Counsel Guidelines (OCG). OCG have moved from guidelines to actual contracts that provide for indemnification of the client for cyber breach and violation of privacy laws.