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Showing all 8 results
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Will AI threaten hourly billing?
Winter 2024
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: Since the launch of ChatGPT, there’s been much speculation about how artificial intelligence (AI) will revolutionize a wide range of industries. A report from Goldman Sachs estimates that AI could automate 44% of the legal profession’s current work tasks. This article looks at how this could have serious implications for law firms’ long-term billing model.
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Don’t get carried away by a windfall
October 2023
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: Receiving a sudden and sizable influx of cash may seem like a dream come true. It can be, but many people get carried away by a windfall and end up in worse financial shape. This article points out some of the pitfalls and how to avoid them, as well as what to expect in terms of taxes.
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Beware of “wash sales” when selling securities
October 2020
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: Under this tax rule, if a taxpayer sells stock or securities for a loss and buys substantially identical stock or securities back within the 30-day period before or after the sale date, that loss can’t be claimed for tax purposes. This article provides some key details for taxpayers about this often-surprising rule.
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Is “bunching” medical expenses still feasible in 2019?
October 2019
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: Among the most important impacts of the Tax Cuts and Jobs Act is its increase of the standard deduction. This article explains how the increase has affected the strategy of “bunching” deductible medical expenses into one year to save tax dollars.
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3 ways to minimize risk when lending to seasonal businesses
February / March 2017
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: Some borrowers, such as landscapers, hotels and toy manufacturers, experience significant seasonal fluctuations in their financial performance. But seasonal businesses still require working capital throughout the year, and often turn to banks for support during the off season. This article discusses three approaches that can help lenders assess and manage the credit risk associated with lending to seasonal businesses.
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The benefits of collaborative divorce
September / October 2011
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: This brief article explains collaborative divorce, a way to split up marital estates amicably and creatively while minimizing professional fees and court costs. In collaborative divorce, each side hires its own attorney, and then the parties meet regularly to brainstorm settlement options. Collaborative divorce can save time and money because it requires just one neutral financial expert.
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The measure of success
Spring 2008
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: You’ve gathered for a retreat to brainstorm ideas for your firm’s strategic plan. You’ve reached consensus on what the firm should look like in five years, creating goals in several areas such as technology, client service and profitability. But did you discuss how you would measure your firm’s progress? This brief article discusses benchmarks and ways to measure objectives to see how well your firm is making headway.
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The final word on Roth 401(k) plan distributions
February / March 2008
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 372
Abstract: Although Roth 401(k) deferrals were allowed as early as January 2006, questions on the taxation of distributions from these accounts weren’t answered until the IRS issued its final regulations. This short article looks at several highlights of the final regulations.