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Compensation and Compliance Matters: Looking at Mini-Correspondents Differently
This content has been archived. It may no longer be relevantOften a mistake lenders make in response to Consumer Financial Protection Bureau guidance is to focus too narrowly on the agency’s advice. In other words, lenders and regulatory counsel sometimes focus on the details without seeing the big picture. While the CFPB did mention a…
Read|Delete: Tips to Pitch Your Business to Investors
Want to impress top investors and secure funding for your business? Consider these tips when preparing to pitch your company: Great Customer Service- Be prepared to prove to your investors that your customer service goes above and beyond competitors. Utilize Technology- Utilizing technology properly will help your operation run like a well-oiled machine, demonstrating that…
Friday Factoid: Tesla Motors Allows Others To Use Their Patented Inventions
Tesla Motors recently announced it will allow others to use all of its patented inventions in a open source inspired environment in order to create “a common, rapidly-evolving technology platform” to make, sell and service electric cars. One intended benefit of this new policy is to incentivize other companies to share the costs of building…
News: U.S. House Passes Three Major Cybersecurity Measures
Last week, the House passed the National Cybersecurity and Critical Infrastructure Protection Act and two other bills addressing U.S. cybersecurity threats. In broad terms, these pieces of legislation would systematize the Department of Homeland Security’s cyber-threat response procedure, and allow the DHS and members of the private sector to share attack information as it occurs….
A Conversation With Theodore “Ted” Offit, Esquire, Managing Principal, Offit | Kurman, P.A., Attorneys at Law
What makes Ted Offit tick? You could say it’s the” law of attraction” – targeting areas for growth and finding the right people to grow with. It’s something he’s very good at, to the tune of effecting 53 percent growth in a recent three-year period, offices humming in ten cities in five mid-Atlantic states with…
Offit Kurman Attorneys Announced as SmartCEO Power Players in Philadelphia, Baltimore and Washington D.C.
SmartCEO has announced the Offit Kurman 2014 Power Player Awards finalist for the Philadelphia, Baltimore and Washington D.C. areas. These individuals represent the best in their region and are the impact players that CEO’s can count on to help them protect their assets and grow their business. The selection consist of accountants, attorneys and bankers. Offit…
When HOA boards behave badly
Q: Your June 7 column addressed the rights of the HOA board or the board members when they believe an association member’s conduct is bothersome. What about the converse – where an HOA board acts contrary to the clear mandate of the HOA association members? Or when the board operates with a complete lack of…
How Do Law Firm Compensation Models Work?
How is a typical lawyer paid? Trick question: there is no such thing as a typical lawyer. Accordingly, there is also no true standard model for how law firms dole out compensation and rewards. Numerous factors, including region, size, structure, leadership, tenure, billing practices and practice areas, determine a firm’s financial structure, which is why…
Compensation and Compliance: A Few Things We’ve Learned About the CFPB in the Last Three Years
On its third anniversary, we can look back on the Consumer Financial Protection Bureau and make certain observations as follows: 1. The CFPB looks to the end substance of transactions. Unlike other regulatory agencies that in many cases looked at form over substance, the CFPB will ignore structures, agreements, and programs altogether when it perceives…
Read|Delete: Cybersecurity and Critical Infrastructure Act
By voice votes on July 28, the House passed the National Cybersecurity and Critical Infrastructure Protection Act and two other cybersecurity measures. Next stop: the Senate. The bill, if enacted, would codify the National Cybersecurity and Communications Integration Center, an agency within the Department of Homeland Security that fosters real-time cyberthreat information sharing with critical…
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