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Firms Hunting for Stars Re-Examine Partner Compensation
Although the most profitable law firms don't often lose partners to other firms, there's evidence suggesting that even firms with the highest profits per partner have become more vulnerable to the lateral market. In response, some Am Law 100 firms are deploying high-spread compensation systems specifically designed to reward their most valuable partners with more money than they could earn at the most profitable low-spread firms. Think your firm isn't re-examining its compensation system? Don't be so sure.Does My Firm Need an E-mail Retention Policy?
The popularity of e-mail as a method of communication is largely due to how quickly the information can be created and delivered to the intended recipient. The informal nature of e-mail, however, often results in messages being prepared and sent quickly ? without being reviewed for content.Eight Steps Companies Can Take to Prevent Whistleblower Liability
As businesses face greater and greater economic threats and challenges, it may be tempting to cut corners or to turn a blind eye to potentially questionable practices. But the multifaceted doom that False Claims Act violations can invite is a stark deterrent. The prospect of learning about a pending whistleblower case from the Justice Department can be among a company's worst fears. Attorney John L. Sinatra Jr. offers eight simple suggestions to help avoid false claims problems.Criminal Background Check Laws Can Complicate Hiring Decisions
Mitchell Boyarsky, a partner at Gibbons, and Peter J. Dugan, an associate at the firm, write that employers may hesitate to hire individuals with a criminal record, whether to mitigate the risk of liability for a "negligent hiring" claim or to minimize the opportunities for employee misconduct. However, New York State and the EEOC have both challenged the extent to which employers may consider criminal histories in the selection and retention of employees.View more book results for the query "*"
Smaller Firms Looking to Reverse Mergers
Private small- to medium-sized companies are all but unable to go public these days, but more and more of them are exploring reverse mergers as a viable alternative to an initial public offering. Increased regulatory scrutiny of the reverse merger process has improved the quality of companies considering them, helping to remove some of the historic taint associated with pursuing such back-door public listings.Trending Stories
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