In the spring of 1851, the Great Exhibition of the Works of Industry of All Nations, an event now known as the first World’s Fair, opened in Hyde Park, London. Hundreds of thousands of people from all across the world flocked to the Great...
The Practical Lawyer Articles
Five Steps To Protect Your Trade Secrets Without A Non-Compete
How do you protect your trade secrets? If the answer is by imposing non-compete clauses on your workforce, there’s bad news: As trends in trade secrets go, non-competes are on their way out. Relying on non-compete clauses in contracts has...
Life, Liberty, and the Pursuit of Equity – Performance Anxiety: How to Survive Evaluation Season
Performance reviews are like visiting the dentist: You have to endure them with some regularity. They are usually riddled with anxiety and can be slightly painful. In the end, you are glad that you went, while simultaneously relieved that you don’t...
Stressless Ways To Address Stress
If you ever have the desire to see a perfectly executed eye-roll, or just have a glance at an eloquently blank stare, here’s what to do: Ask another attorney if they’ve been stressed out lately. Pushing the point can escalate the matter from...
A CORPORATE GOVERNANCE ANOMALY:
REQUIRING OUTSIDE AUDITORS TO DISCLOSE CAMS MAY HAVE UNINTENDED CONSEQUENCES Generally accepted audit standards (GAAS) require an auditor to communicate significant findings from the audit to those charged with governance in the entity being...
LIFE, LIBERTY, AND THE PURSUIT OF EQUITY — RETURN TO WHAT?
After a year and a half of hunkering down, carefully quarantining, social bubbling, and generally acting like hermit crabs, the world—and the workforce—is slowly getting back on track. Just as the start of the pandemic was traumatic, reentry into...
USE OF JOINT SPOUSAL TRUSTS IN COMMUNITY PROPERTY STATES: STILL THE GOLD STANDARD OF ESTATE PLANNING?
Unlike common law states that have not historically favored the use of a single joint revocable trust for spouses (hereafter referred to as the Joint Spousal Trust or JST), the JST has long been the gold standard estate planning tool of choice in...
FIVE FEDERAL TAX ISSUES TO CONSIDER WHEN SERVING ON THE BOARD OF A PUBLIC CHARITY
Being invited to serve on the board of a charity you care about is often a wonderful honor and an exciting opportunity. Nonprofit organizations are well served to include an attorney on the board who can help identify, among other legal threats,...
FUNCTIONAL ANALYSIS OF CAPITAL CALCULATIONS IN VALUATION AND DAMAGES DISPUTES (CHECKLIST)
Legal counsel often retain specialized analysts to perform valuation, damages, or transfer price analyses. These analyses may relate to disputes involving taxation, shareholder rights, condemnation and eminent domain, bankruptcy, all types of...