2023 Business Outlook 2022 started out with the hope of a recovery from the pandemic but ended with a recession. With the advent of 2023 we are left to ponder on what is ahead for businesses in 2023. It’s the Recession, Stupid: The war in Ukraine has affected the world…
Buyer of Nontraditional Legal Services, Beware All kinds of business forms are offered online, and many of them for free. Stand-alone paralegal services are offering various sorts of assistance to small businesses for significantly less than lawyers generally charge. Accounting and bookkeeping services that organize businesses are increasingly positioning themselves…
How Do Family Businesses Survive Transition? The Cornell University Smith Family Business Initiative says that more than three-quarters (77%) of small businesses rest on significant family involvement. Family Enterprise USA has counted 5.5 million family businesses in the U.S., finding that they contribute 57% of the U.S. GDP, employ 63%…
Texts can be held against you in court. Alex Jones lawyers (perhaps inadvertently) turned 2-years of texts to the lawyers for the Sandy Hook families. What would be the repercussions for the disclosure if the trial were in Illinois? The parents of a 6-year-old child that was killed in…
The City of Chicago’s newly amended sexual harassment ordinance, which takes effect July 1, will bring an enhanced definition of the term, new written policy and notice requirements, new training requirements for employers, additional safety measures, a longer statute of limitations—and heftier penalties for those found guilty. Every Chicago business…
Employers Need to Mask Up Against Lawsuits Small businesses face a dizzying swirl of regulations from different levels of government about whether patrons and employees are required to wear masks during the pandemic, as well as whether employers are required to either purchase masks for employees or reimburse them for…
Cyber Security Insurance UPDATED AUGUST 23, 2020 – A federal judge in Kansas has ruled that three Missouri restaurants can proceed with their claims against Cincinnati Insurance Company alleging that the policies also covered “physical loss,” which the insurers failed to define in the policies. The insurance company’s argument is…