10.19.23

Law Firms Face Potential Red Flags as Uncertainties Continue
Joy A. Long

While the U.S. economy is showing signs of recovery, or at least a “soft landing,” the outlook for the legal market remains mixed in 2023. That is according to the “2023 Report on the State of Legal Market” from the Center on Ethics and the Legal Profession at Georgetown University Law Center and the Thomson […]

10.12.23

SECURE 2.0 Brings Changes to Retirement Plans and Planning
Heather Sinclair-Smelley

The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in late 2022. Although some provisions are being phased in over time, the law includes many significant changes that take effect in 2023 and 2024. Below are some that may influence your or your employees’ retirement planning. Changes Now in […]

10.05.23

Renting vs. Buying in Today’s Home Market
Alexandra K. Isdell

According to the Census Bureau, the U.S. homeownership rate has consistently hovered around 66% for some time, but this does not mean purchasing a home—rather than renting—is the right choice for everyone. The decision to rent or buy is one that can cause heated debates, and while the American Dream was to own a house […]

10.03.23

Benchmarking Helps Restaurants Measure—and Improve—Their Performance
Thomas Pierce

Benchmarking is the process of calculating your restaurant’s key financial or operational metrics and comparing them to established standards. Those standards may be industry averages, the performance of “best-in-class” restaurants or even your own restaurant’s past performance. Benchmarking can be an effective tool for identifying areas in need of improvement, spotting dangerous trends while there […]

09.28.23

What Does Your Staff Want from You?
Kelly H. Buchheit

As a medical professional, you probably have a clear idea of what you want from your staff, but do you know what they want from you? Finding the answers to this question can be highly beneficial for the long-term stability and profitability of your medical practice. Related Read: How To Strengthen Staff Culture After a […]

08.23.23

Not-For-Profit Employment Returns to Pre-COVID-19 Levels
Jurgita Kalina

Three years after the COVID-19 pandemic hit the United States, not-for-profit organizations appear to be in a significantly better place in terms of overall employment than they were at the end of 2021, according to the Nonprofit Employment Data Project at George Mason University. It reports that the industry lost about 1.64 million jobs as […]

08.10.23

What You Need to Know About Texting Clients
Joy A. Long

Text messaging—whether via SMS, iMessage or another format—has become ubiquitous in our personal and work worlds. Texting is fast, easy for mostly everyone and can be a positive for both the phone-phobic and those simply in a hurry. Law firm clients already communicate with a variety of service providers by text, and they may expect […]

08.08.23

Should You Sell—or Even Refuse—Inherited Assets?

An inheritance can provide a welcome financial windfall, especially if you are planning for retirement. However, holding on to valuable assets that you inherit may not always be the best decision. In many cases, disposing of them or even turning down an inheritance altogether may make more financial sense. Essential questions If you receive an […]

07.26.23

Why Some Manufacturers are “Reshoring” Their Operations
Andrew Dombro

In recent years, there has been an emerging reshoring trend among U.S. manufacturers. The Reshoring Initiative, a non-profit organization, estimates that from 2021 to 2022, the number of new U.S. jobs from reshoring and foreign direct investment increased by nearly 35%. Reasons to use domestic sources The COVID-19 pandemic exposed serious supply chain risks associated […]

07.20.23

Charge It! Credit Card Issues for Not-For-Profits
Jeffrey Chiles

Credit cards are a common part of doing day-to-day business for most not-for-profits these days. Donors typically use credit cards to make contributions, whether one-offs or recurring, and employees often rely on the cards when procuring supplies and services or traveling on behalf of their organizations. Some not-for-profits have, or have considered, so-called “affinity cards” […]