Payroll Tax Cut Extended for Two Months
Important update you need to know.
Features
Train Your Associates and Watch Them Flourish ' and Business Grow
In this post-recession era, it has never been more important for lawyers to be educated and adequately equipped for new business development.
Laterals: Dangers and Opportunities
An astounding 48% of new partners have changed firms before becoming partner, according to a 2011 ALM Intelligence survey. What does this have to do with "lateraling"?
Career Journal: Emerging Success for Marketing Technologists
The technology segments of marketing departments have become an increasingly significant area of investment across industry lines. Within legal marketing, the focus of many firms this year will be on upgrading their capabilities in this rapidly-changing area.
Features
Media & Communications Corner: It's Not Social Media, It's a Referral Generator
In deciding whether to reap the benefits of today's social-media platforms, the question for lawyers is not, "Would you like to get involved with social media?" The question is, "Would you like to get more referrals?"
The Fannie Mae Law Firm?
Law firm failure starts when firms attribute their success to their own superior qualities and become dogmatic about their specific practices, failing to question their relevance when conditions change.
One Employer's Strategy Against the DOL's Crackdown on Employee Misclassification
A recent decision discussed herein is significant because it means that employers who have been admonished by the DOL for alleged violations of the FLSA need not sit and wait for the DOL to file a lawsuit against them.
Overreaching English-Only Policies Spell Trouble for Employers
English-only policies have long been criticized and targeted by the Equal Employment Opportunity Commission. Here's a look at some recent litigation.
Features
Four Rules for Tax-Exempt Organizations
The use of volunteers and interns by nonprofits comes with legal risks, which may be reduced by following four basic rules. This article discusses both federal and California state law.
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- Private Equity Valuation: A Significant DecisionInsiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.Read More ›
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