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Friday Factoid – 7.26.13
This content has been archived. It may no longer be relevantOn May 19, 2011, Amazon announced that in April 2011 its customers purchased more e-books than printed books. This development occurred less than four years after the debut of Amazon’s e-reader (the Kindle) in November 2007. Amazon has been selling printed books since July 1995….
A Power of Attorney: The Most Important Document in Your Estate Plan
What is the Most Important Document in Your Estate Plan? Your last will and testament. Your trust. Which is the most important document in your estate plan? The answer is neither. In most cases, the most important document in your estate plan is a well-drafted financial power of attorney. What is a Financial Power of…
Are you at Risk of Being Sued for Discriminatory Hiring Practices?
The United States Equal Employment Opportunities Commission (EEOC), the agency of the United States Government that enforces the federal employment discrimination laws, announced a set of guidelines prohibiting discriminatory hiring practices against applicants with criminal backgrounds. Until recently, the EEOC had no rule-making ability. That was until the Obama Justice Department gave the EEOC the…
The Risk Involved with Selling a Business
As a business owner, selling a business can be a bittersweet time. The company that you helped build, the company that you poured your heart and soul into is no longer yours. You are no longer the owner. You are no longer the boss. While you may stay to work at the company to help…
Consumer Financial Protection Bureau Mandates Lender Compliance Procedures
The Consumer Financial Protection Bureau (CFPB) recently announced its new mandatory TILA and ECOA examination procedures to evaluate lender compliance. What is most evident in both of these new procedures is the need for lenders to have a sound compliance management system (CMS) as part of the compliance program. It is no secret that the…
Stock Appreciation Rights (SAR) Plan: Employee Retention
Great companies all have one thing in common: great employees. At the end of the day, despite our constant advances in technology, business is still conducted by people. So it is important for companies to retain their top talent. Employee retention can be achieved several ways, but one of the most popular and effective ways…
Compensation and Compliance Matters- 7/15/13
Five Reasons Not to Reclassify LOs’ Overtime Status – July 15, 2013
Compensation and Compliance Matters- 7/19/13
Telemarketers and Tellers May Get Originator Reprieve – July 19, 2013
D.C. Landlord Alert: Evictions Update
July 23, 2013 U.S. Marshal Ricky Bell attended a meeting at the Apartment and Office Building Association (AOBA) office last month. He spoke candidly about the state of evictions in the District of Columbia and offered some insights and suggestions as to how to landlords can increase the likelihood that an eviction will occur after…
Read|Delete 7.22.13
Where did it all begin? Got Milk? Created by Goodby, Silverstein & Partners for the California Milk Processor Board, this campaign kicked off in October 1993 with a commercial about a history buff who received a call to answer a $10,000 trivial question, “Who shot Alexander Hamilton in that famous duel?” Because of a mouthful…