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Daily Business Review

Going Solo: Six Financial Tips for Setting Up Your Own Law Firm

Many associates in large law firms dream of the day when they can go out on their own. However, without a clear understanding of the financial and operational realities involved in running a law practice, the transition from lawyer to small business owner can become a challenging one.
5 minute read

Daily Business Review

'The Devil Is in the Details' When Negotiating a Profit Participation Arrangement

The Florida Marlins recently made news when a profit-sharing deal with Miami-Dade County resulted in zero profits to the county, even though Jeffrey Loria sold his baseball team for about $1 billion more than what he paid for in 2002.
5 minute read

Daily Business Review

As Threats Loom to Retailers, Commercial Lease Terms Matter

As the popularity of e-commerce continues to rise, some retailers are pressured to close brick and mortar stores or convert them into other uses.
5 minute read

Daily Business Review

Health, Safety Inspection Failures on Cruise Ships and What It Means for Consumers, Industry

The cruise industry is getting a lot of media attention this year, but not for their exciting new ships which feature onboard hair-raising water slides, go-kart tracks and smokehouse BBQ joints, but because of the increased number of failed ship inspections performed pursuant to by the Centers for Disease Control and Prevention's Vessel Sanitation Program (CDC-VSP).
4 minute read

Daily Business Review

How to Take Your Side Without Risking Client Base

After serious events impact the public, people begin to take sides. Some rally together for reform, while others push to keep things the same. Following the tragedy at Stoneman Marjorie Douglas High School in Parkland, it became evident that the second amendment and gun control have caused a clear divide in opinion.
3 minute read

Daily Business Review

Closing Time! But What if Insurance Can't Be Bound?

As Hurricane Irma grew in strength in the Caribbean and started to approach Florida last September, I was boarding a plane from Tampa to Birmingham for a meeting. I received several emails and calls from a colleague related to an urgent client issue, and I quickly returned his call before we departed.
6 minute read

Daily Business Review

Have We Seen the Limits of Fair Use?

After years of protracted litigation, including two jury trials and two appeals, Google and Oracle are now destined for yet another trial arising from Google's alleged unauthorized use of 37 of Oracle's Java application programming interfaces (APIs) in the Android smartphone operating system.
5 minute read

Daily Business Review

Recent SEC, CFTC Comments Ease Crytocurrency Fears, Boost Confidence

To say the last month in the crypto world has been nothing short of a wild ride would be an understatement. With approximately $475 billion exiting the market in a blink of an eye, many new to the market are likely getting their first taste of reality in the crypto space.
6 minute read

Daily Business Review

DOL's New PAID Program Offers Employers Incentives, But May Not Outweigh the Risks

Recently, the Wage and Hour Division (WHD) of the Department of Labor (DOL) announced a pilot program, called the payroll audit independent determination (PAID) program, to facilitate the payment of back wages owed to employees and accidentally not paid by employers in accordance with the Fair Labor Standards Act (FLSA).
5 minute read

Daily Business Review

IRS Opens the Door Wider to Whistleblowers

Few words strike more fear in Americans than IRS audit. But now, a new law arms IRS agents with more ammunition in its pursuit for underreported income and illegal activity as the IRS takes a giant step to embracing and rewarding whistleblowers who provide the IRS with valuable information.
4 minute read

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