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One of the difficult balancing acts encountered by all franchise systems is between the relatively static nature of the franchise agreement and the dynamic, impossible-to-predict changes that occur in the real world. At the 34th Annual ABA Forum on Franchising, two industry veterans with perspective as senior in-house counsel spoke about how in-house counsel can identify potentially "game-changing" developments and lead their organizations' response.
On Oct. 3, 2011, the U.S. Supreme Court denied a petition for certiorari in <i>KFC Corp. v. Iowa Department of Revenue</i>. As a result, the Court has given its silent blessing to extending the "economic nexus" theory to justify states' imposition of tax obligations on out-of-state franchisors with no physical presence there.
Law firms and their foreign attorneys working in China should ensure that they will be compliant with the latest local Social Security rules and practices to avoid noncompliance penalties.
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In the absence of the implementation of the CLASS Act, employers who have not done so already might want to consider offering a private long-term-care insurance plan with an enrollment strategy that touches on paying for and planning for long-term care.
The ultimate objective of law firm management is to create profit for owners. It is the role of a managing partner, management committee, and CFO to understand the elements that impact profitability, identify and improve weaknesses that soften profitability, and capitalize on opportunities to enhance profitability.
News reports about the overall U.S. economy may still be trending negative, but there is good news in the results of Corporate Counsel's 2011 Law Department Compensation Benchmarking Survey.
Attorneys must remember that while the technology has changed, the ethics rules have not ' the same rules apply in the Cloud as on the Earth, and the benefits of technology do not come without potential ethical pitfalls.
Features
Effective project management is one of the most cost-effective and powerful tools in your tool belt. Here's why.
One glance at the MLF 50 will prove that social media, along with other techology, is no longer a "maybe" for today's law firm, but a necessity. And yet many attorneys are still hesitant to take the plunge. It's up to us, as law firm marketers, to lead the way. This timely article explains why.
