Documentation of Travel and Entertainment Expenses
The IRS guidelines for deducting travel and entertainment expenses are complex. This article will assist your firm in properly documenting these expenses and avoiding a potential tax authority audit.
Do You Know How Your Pension Plan Really Works?
Most law firms sponsor some type of retirement plan for their employees, but how many plan administrators really know their plan? As a plan fiduciary, what are your responsibilities related to the operation of your pension plan? Read on to find out about your responsibilities as plan fiduciary, key features of your plan about which you should be intimately familiar, and some common problems associated with operating retirement plans.
Health Care Reform
Compliance with the new health care reform bill should include not only reviewing thoroughly your company's existing health-care benefits plans and consulting your benefits experts and employment counsel, but also remaining up-to-date on the changes to and evolution of the health care reform laws, which are far from complete. This article provides a brief description of the changes of which employers should be aware.
The End of the World or a Brave New One?
Firms that succeed will have four distinct and unifying characteristics: a clear strategy; focused leadership; rewards systems aligned with their strategy; and a well-functioning (and efficient) administrative support structure. These are the firms that prospered in 2009 and will continue to prosper.There is
The New Legal Workplace
Workers and managers alike are struggling to figure out what will be expected from them in the coming business quarters, and how to deliver on these expectations. Here are three highlights for legal professionals, which just may make the difference between being in the black or in the red.
Alternative Fee Arrangements
How can a law firm choose a fee arrangement that is beneficial for the client and calculated to be profitable for the firm? Once that fee is set, how can the law firm best manage the engagement to ensure sustained profitability? How can it measure profitability in this new environment?
Improving Compensation Decisions in a Mixed Economy
How should a law firm approach compensation decisions in the current economy? The fundamentals still apply: a focus on the quality of the compensation decisions and the interrelationship of those decisions with culture and strategy.
Loss in Injury and Death Matters
Careful attention to all the elements of economic loss, and careful discovery on damages, is essential in ensuring a fair recovery that compensates the plaintiff for what was actually lost.
