Spring
Showing 1–16 of 759 results
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Should you text with clients?
Spring 2023
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 397
Abstract: Text messaging — whether via SMS, iMessage or another format — has become ubiquitous in our personal and work worlds. Texting is fast, easy for most everyone, and can be a positive for both the phone-phobic and those simply in a hurry. Law firm clients already communicate with a variety of service providers by text, and they may expect the same level of accessibility from their highly paid attorneys. This article looks at why attorneys face some unique risks when texting with clients.
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Taking the temperature of the small firm market
Spring 2023
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 589
Abstract: It’s been a tumultuous few years for the legal industry, but the leaders of small law firms — defined as those with 29 or fewer attorneys — are optimistic about their firms’ status. That’s according to the 2022 Report on the State of US Small Law Firms recently released by the Solo, Small Firm and General Practice Division of the American Bar Association and the Thomson Reuters Institute. This article details some of the 400 surveyed leaders’ responses to the report’s questions.
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Create stability with your capital plan – Why the need for capital matters
Spring 2023
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 672
Abstract: Every law firm requires a different amount of capital to support its daily operations. So it’s important for you to determine how much is enough. Law firms may require larger partner capital contributions to offset gaps in cash flow due to expenses, law firm billing and collections. This article discusses how law firms can determine their expenses and create a business plan, and explains four basic options for determining the specific amount of capital a firm needs to keep on hand.
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4 pillars of effective virtual law practices
Spring 2023
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 839
Abstract: With the worst of the COVID-19 pandemic seemingly behind us, some attorneys and law firms have gladly returned to the office. But others, having been forced to conduct much of their work remotely for the first time, have seen the virtues of virtual law practices. Such practices can produce numerous benefits if done right. This article reviews four steps that can help law firms improve their odds of finding success with a virtual practice, including drafting a new business plan, establishing formal processes, thinking about their clients’ experiences and investing in technology.
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Why contractors should care about ESG
Spring 2023
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 453
Abstract: Every business owner is at least somewhat aware of today’s expectations regarding sustainability, employee wellness and running an ethically sound company. However, that pressure is intensifying. This article addresses the rising trend of environmental, social and governance (ESG) practices; how ESG applies to construction businesses; and why it matters.
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Seizing control of insurance coverage with a CCIP
Spring 2023
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 538
Abstract: Running a construction business and an insurance company might seem like two totally separate endeavors. But, under a contractor-controlled insurance program, a general contractor provides coverage for most parties to a construction project. This article looks at the advantages and disadvantages of this bold insurance strategy.
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How do federal infrastructure bids work?
Spring 2023
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 668
Abstract: Like a full bottle of ketchup, the Infrastructure Investment and Jobs Act has been slow to dispense the many construction projects anticipated. However, confidence is high that more and more federally funded jobs are going to emerge in the coming year if they haven’t already. This article reviews the two most common bidding methods for public projects: sealed bidding and contracting by negotiation.
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Beware of tax surprises when selling equipment or vehicles
Spring 2023
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 946
Abstract: Selling or trading in an unneeded vehicle or piece of equipment might seem like a good idea. But if you don’t carefully consider the details, the tax hit can make for quite an unpleasant surprise. This article discusses the details, providing three examples of the tax consequences of a transaction. For contractors thinking about selling their companies, a sidebar suggests an employee stock ownership plan as an effective way to do so.
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Bank Wire – Crypto-assets: Handle with care
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 401
Abstract: In this brief summary of current trends in banking, we look at a statement just published by the federal banking agencies on crypto-asset risks to banking organizations and highlight a recent rule that requires banks to be prepared to report computer security incidents to federal regulators quickly.
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Strengthen your defenses – Preparing for ransomware attacks
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 649
Abstract: In the past, smaller banks might reasonably have believed that cybercriminals would leave them alone, because larger institutions offered a bigger payoff. Recently, however, the trend has reversed. This article explains that cybercriminals are now targeting small banks, which they believe lack the wherewithal to protect against these attacks and have less robust internal controls than larger institutions. It suggests some protective measures community banks can take and stresses the importance of having a plan in place to reduce risk and mitigate potential damages.
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How to assess and deal with BSA/AML risks
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 674
Abstract: Over the past few years, many people have turned to electronic banking (e-banking). While e-banking may be convenient, it also may increase the possibility of hidden criminal behavior. This article points out that compliance with Bank Secrecy Act/Anti-Money Laundering (BSA/AML) laws and regulations is increasingly scrutinized by banking regulators. It notes that this puts banks in the middle of a potentially difficult — even dangerous — situation, unless they develop strategies to both assess and handle any related risks.
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Should you outsource the internal audit function?
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 845
Abstract: A solid internal audit program is one of the most effective tools a bank has to inspire confidence — among directors, investors, regulators and other stakeholders — in its financial processes and reporting practices. But many banks find it makes more sense to outsource the internal audit function, in whole or in part. This article offers some factors for banks to consider when deciding whether to outsource this function. A sidebar discusses how to manage third-party risk.
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Bedside manner matters – 5 strategies for dealing with difficult patients
Spring 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 459
Abstract: It doesn’t happen often, but when a patient crosses the line and becomes rude — or even abusive — to medical practitioners and staff, it can create a troublesome situation. This article offers five strategies for dealing with difficult patients, including listening, identifying the problem, staying in control and encouraging positivity.
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What does your staff want from you?
Spring 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 676
Abstract: Finding the answers to what staff members want from their jobs can be highly beneficial for the long-term stability and profitability of a medical practice. This article explains that what the staff wants may vary depending on the size and specialty of the practice, as well as other factors. But among some commonly held staff “wants” are open communication, honest feedback and to be treated with respect. The article highlights the importance of ensuring staff wishes are considered to help a practice attract, hire and retain the best people.
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Keeping up with cybersecurity is essential to HIPAA compliance
Spring 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 691
Abstract: Both as a result of the COVID-19 pandemic as well as other developments in the medical arena, practices have increasingly relied on technology, including the much wider use of telehealth as well as electronic health records. This article notes that though technology is giving physicians, medical staffs and patients much easier access to critical information, it’s also opened the door for fraudsters and hackers to steal or corrupt this data. The article discusses why it’s important to continue to follow the latest protocols for handling protected health information.
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Tax planning for medical practices – Learn the details of depreciation before buying equipment
Spring 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 928
Abstract: In a volatile economic environment where every dollar counts, a medical practice’s leadership needs to know the distinction between traditional tax deductions and depreciation-related tax breaks. This article points out that two longstanding depreciation-related tax breaks — the Section 179 deduction and bonus depreciation — may offer an exciting tax-saving opportunity, and discusses how these tax breaks can work in a medical practice context. A sidebar explains whether the Sec. 179 deduction applies to vehicles.