Looking back on the first year of work at the Business Innovation Zone (BIZ), I have met with over 60 potential clients ranging across a wide variety of business areas. I have learned much on this path. First and foremost, I have learned to never prejudge an idea. I must say that some of the
LLCs Are Not Always Better Than S Corps
I have seen many articles on the Internet which state that you absolutely need to form a limited liability company (LLC) if you are a small business owner. The S corporation, once the darling of small business entities, must now feel like the red-headed step child.
But as New York attorney Derek Underwood points out
Claims Deadline in Microsoft-Iowa Case Fast Approaching
The deadline for filing claims in the Microsoft Iowa Class Action Settlement is December 14, 2007. If you have any questions about how to file a claim be sure to email the claims administrator at claimsadmin@iowamicrosoftcase.com.
For a recap of articles on the Microsoft Iowa case click here which includes one of my most
Ain’t No Man Alive Worth $50.00 Per Hour
In the last blog post I picked on college football coaches and their exorborant salaries. But its probably not fair to pick on college coaches alone.
The Philadelphia Litigation Blog discusses how lawyers at large Manhattan firms are now charging $1,000 per hour or more. Superstar litigator, David Boies, sums it up pretty well:
Pigs Get Fat but Hogs Get Slaughtered
One couldn’t help but notice the carnage at the end of college football’s regular season. Coaches everywhere were fired or forced out. Some of those coaches even had winning records. Even the coach at my Division III alma mater didn’t survive the past few seasons of mediocrity.
Are college football fans just nuts or have these coaches created the
Tips to Protect Yourself When Signing Contracts
I love this post from New York business lawyer Imke Ratschko regarding the best practices in executing a contract.
Her tips (and my comments):
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Don’t let technology or anyone else fool you. This is a great lesson. Once I negotiated a employment contract with another lawyer for several hours. The last version of
Landlord Reminder
Kyle Kruidenier provides a good reminder for landlords over on the Iowa Law Blog.
Tips on How to Avoid Wage & Hour Lawsuits
Recently I have been discussing the rise in wage and hour litigation. See here and here.
According to the Department of Labor approximately 70 percent of businesses are out of compliance with wage and hour laws. That’s right – 70 percent! According to Shanti Atkins of the Compliance Training Blog, some experts believe
Warren Buffett: Sports Agent?
I read an interesting report regarding the Yankees’ negotiations with Alex Rodriguez. Apparently the Oracle of Omaha provided some advice that Rodriguez should contact the Yankees without his super agent Scott Boras. With the assistance of two Goldman Sachs executives Rodriguez negotiated his $275 million, 10 year deal with the Yankees.
It was a
More on Wage & Hour Litigation
Last month I wrote on the rise of wage and hour litigation. In that post I talked about how I believe wage and hour issues are often misunderstood by employers which often results in misclassification of workers or possibly "off-the-clock" allegations where workers are not properly credited for time worked.
Yesterday, I heard the same