Renkemeyer Case Sheds Light on Law Firm Tax Issues
June 27, 2011
A recent tax court case dealt with two issues that are relevant to many law firms. The first issue is the allocation of partnership income to the partners in the absence of a written partnership agreement. The second is whether income generated by a limited liability partnership is subject to self-employment tax.
<B>BREAKING NEWS:</B> Justices Hand Wal-Mart Big Win in Class Action Battle
June 20, 2011
The Supreme Court on June 20 handed a sweeping victory to Wal-Mart, the nation's largest employer, in the company's decade-long effort to thwart a discrimination class action filed on behalf of more than 1 million female current and former workers. The ruling is likely to hobble other large employment class actions as well.
Software Developer's Suit Against ConnectU May Go Forward
May 27, 2011
A Massachusetts state court judge has ruled that a Boston software developer's case against defunct social media site ConnectU Inc. and its founders and key shareholders, including the Winklevoss twins, can move forward. Also, the Winklevosses' have taken their bid to undo their Facebook settlement to the Supreme Court.
Calculating Profitability
May 27, 2011
All $1 million practices are worth the same. Client acceptance and pricing of legal services often begin with this premise. Yet, we all understand that this is a simplification of reality.
Franchise Leaders Reflect on Period of Rapid Change
May 26, 2011
Disruptive technologies, new expectations from franchisees, tight profit margins, and limited access to capital for growth are among the issues challenging franchisors these days. Franchise attorneys must position themselves to help franchisors overcome those issues, or they will be marginalized as business leaders move forward, observed panelists at the International Franchise Association's 44th Annual Legal Symposium, held in May in Washington, DC.
Web Technology Your Firm Should Be Using Now
May 26, 2011
With so many competing interests for limited marketing dollars, what web technology should your firm be employing? Here are essential technology tools you need to be using now.