The Department of Labor last Friday released further guidance on how employers which sponsor healthcare plans are to comply with the requirement under Obamacare to provide a “summary of benefits and coverage” or SBC for open enrollment periods which begin on or after September 23, 2012. The guidance is in the form of 14 questions [...]
This article discusses the implosion of Dewey & LeBoeuf LLP and Trotter’s books “Profit and the Practice of Law” and “Declining Prospects,” in which he chronicles the law firm profession changes since 1960 and make some predictions about its future. Click here to read the article.
Late yesterday the DOL released further guidance on how to comply with the DOL’s participant-level disclosure regulations. There is a link to these regulations in our Employee Benefit Plan Alert dated February 28, 2012, which is on our Taylor English website. Click here to view The new guidance issued yesterday is in the form of 38 [...]
In the New York Times DealBook Q&A, Trotter is interviewed and asked about his thoughts on the Dewey & LeBoeuf LLP crisis. Trotter is asked how the publication of his book “Declining Prospects” comes at a moment when Dewey faces the risk of collapse and that the turmoil at the firm appears to be a [...]
The Bloomberg BusinessWeek article discusses the turmoil surrounding Dewey & LeBoeuf LLP. Trotter notes, “If their collective top line had increased at the rate of inflation, it would have been the equivalent of $6.9 billion in 2010.” As noted in the article, in Trotter’s book, “Declining Prospects,” he “quotes Robin Sangston, now the general counsel [...]
Tom Ashbrook, host of NPR’s show “On Point,” interviews Trotter, author of “Profit and the Practice of Law: What’s Happened to the Legal Profession,” along with Jennifer Smith, legal affairs reporter for the Wall Street Journal and Bill Henderson, professor of Law and Val Nolan Faculty Fellow at Indiana University. They discuss “the business of [...]
The blog post recaps Trotter’s interview with the New York Times. The post states: “He told the Times that the future offers less work for more lawyers, lower compensation and longer hours.” Also recapping Trotter’s new book, “Declining Prospects,” the post says the book “makes the case that the legal profession is reeling from a [...]
April 30, 2012 – 12:58 pm
Bullying in the workplace is a real epidemic in our society. Courts and legislatures are steadily working to expand employer liability for bullying that occurs on the job. Thus, employers must begin to take bullying as seriously as more traditional forms of harassment, because of the consequences – from both a safety and liability perspective [...]
The Internal Revenue Service on April 12 released a 61 page proposed regulation on the tax on group health plans which will fund Obamacare’s Patient-Centered Outcomes Research Trust Fund. The insurance company pays the tax for an “insured” group health plan, and the plan sponsor pays the tax for a “self-insured” group health plan. However, [...]
On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (the “JOBS Act”), H.R. 3606, into law calling it “a potential game-changer” for startup companies. President Obama signed the JOBS Act just over a week after it was passed by Congress with strong bipartisan support. The stated purpose of the JOBS Act [...]
