A recent family business survey conducted by the National Bureau of Economic Research’s Family Business Alliance indicates that only 15% of the family businesses have developed and documented anything appearing to be a succession plan. This is troubling because succession of ownership and leadership is a critical issue for the long-term success of a business.
(Deposit photos) An insurance company must honor its business interruption coverage for 16 North Carolina restaurants that closed on the orders of the state due to COVID-19 because the restaurants suffered actual [...]
This has been a year like no other – and for Oregon’s construction industry, the fires and pandemic have brought new challenges and considerations. The Oregon Bureau of Labor and Industries (BOLI) is committed [...]
For businesses with unionized employees, decisive action involving working conditions can be a challenge. Balancing the ability to comply with government mandates and adapt to a changing public health environment with the duty to bargain creates an additional layer of complexity in the unionized workplace.
Now that many employees are out of the office and working from home cybersecurity takes on a new dimension with a workforce environment never before imagined.
COVID-19 and the resulting economic struggles have impacted the trade credit insurance market through the rising of policy pricing and the increased difficulty of securing such coverage, area experts say. Trade credit insurance, which [...]
Indeed, “Zoom fatigue” seems to be a workplace buzzword this year at a time when researchers estimate that the number of people who attended meetings via Zoom skyrocketed from 10 million at the end of 2019 to 300 million in April of this year.
Raising capital is one of the most difficult challenges businesses face. It becomes even more challenging if the amount sought (e.g., less than $5 million) is below a level that would attract venture capital [...]
With several U.S. pharmaceutical companies now conducting large-scale COVID-19 vaccine trials, employment lawyers are beginning to field queries from their corporate clients on whether their employees should be required to take the vaccine once it becomes available.
Kevin Mulvehill Kevin J. Mulvehill, a partner with Phillips Lytle LLP and the firm’s Rochester, New York, office leader, says that there is no “universal truth” on whether lawyers and law firm [...]