When it comes to doing something good about global warming, London-based oil company BP is the industry pioneer. True, that doesn’t say much. “I don’t think you can call any oil company a green company,” says Andrew Logan of Ceres, ...
Read More »Get the Harvard-Yale aid plan at non-Ivy schools
When it comes to financial aid, colleges such as Harvard and Yale can afford to be generous. Yet what if your child doesn’t get accepted to a university with an abundant endowment? Can they still obtain an aid package that ...
Read More »Ignore the obituaries, U.S. reign will endure
The negative employment report on Feb. 1 was another sign the U.S. economy is on the ropes. Increasingly, this downswing is being portrayed as more than just a cyclical phenomenon. The U.S. used to be the envy of the world, ...
Read More »Campbell’s incentive plan may reward the random
Many long-term incentive plans for executives have undergone extreme makeovers, often by eliminating stock options and the use of free shares as a substitute. Some companies have made a stab at basing compensation on how well total return stacks up ...
Read More »Fed may raise rates before summer ends
Federal Reserve officials, focused on heading off a recession, once again did what financial markets demanded by cutting their target for the overnight lending rate by a half percentage point. The action last week came on top of a 75 ...
Read More »Say it ain’t so, municipal bonds are the new junk
You can well imagine my surprise when looking for the next thing to blow up in the credit markets, I was informed it would be municipal bonds. There it is: Municipal bonds — the New Junk. You should be skeptical ...
Read More »McFadden: Memo to new attorneys: With organization, it gets easier
I have taken the opportunity to speak with many first-year attorneys over the past several years and have found that one overwhelming concern is learning how to manage workload and meet “billable hour” requirements. This is quite understandable. All learned ...
Read More »Getting the most out of financial software
Today’s financial information systems and software can, and do, produce extremely detailed assessments of law firm financial performance and, in fact, may provide far more data than the typical attorney can assimilate intelligently. The most practical approach to understanding your ...
Read More »Merkel: Identifying hidden ERISA issues in litigation
Mention the Employee Retirement Income Security Act (ERISA) to many practitioners, and they immediately start looking for the exit. Admittedly, navigating ERISA can be a daunting task, and the applicable case law can vary by circuit. But the reality is ...
Read More »Identifying ERISA issues in litigation
Mention the Employee Retirement Income Security Act (ERISA) to many practitioners, and they immediately start looking for the exit. Admittedly, navigating ERISA can be a daunting task, and the applicable case law can vary by circuit. But the reality is ...
Read More »Preparing for the ‘second season’ of a legal career
According to a recent study by legal management consultant Altman Weil, the closer to retirement a lawyer gets the more likely he is to oppose mandatory retirement ages. Interviews with a number of aging lawyers suggest they don’t want to ...
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