[caption id="attachment_1231" align="aligncenter" width="596"] Not in Kansas Anymore?[/caption] Why did the shark bypass the lawyer? Professional courtesy. Makes me think of that oldie but goodie in reading in the ABA Journal about a Kansas lawyer (and former gubernatorial candidate). He appeared before the Kansas Supreme Court last...
You may not have heard about this yet, but over the last few years close to 30 states (including Delaware, NY and California) and DC have approved and another dozen or so have introduced legislation to permit so-called "benefit corporations." The concept is that the...
A fascinating recent piece in the New York Law Journal talks about the many dismissals of class action cases against US public companies based in China for alleged fraud. The cases say that because these companies' regulatory financial filings in China are sometimes different than the...
About a month ago, eight senior Democratic Senators (including Sen. Al Franken, above) wrote to SEC Chair Mary Jo White to oppose the SEC's proposed rules under the Jumpstart Our Business Startups (JOBS) Act of 2012 regarding Regulation A public offerings. In particular, the Senators...
There is a section of the US Securities and Exchange Commission's website titled, "Completed Initiatives of Interest to Small Business." Since 2008 there are only three items listed. Two were mandated by Dodd-Frank and the other by the Jumpstart Our Business Startups (JOBS) Act of...
Indonesian monkey above left, sorry. The US Copyright Office says the selfies you took in 2011 after grabbing British nature photographer David Slater's camera and snapping hundreds of pictures of yourself (he apparently liked the sound the camera made when taking a picture) does not...
According to Canada's Globe and Mail, the Canadian Bar Association has recommended allowing non-lawyers to be owners of law firms. England has allowed it since 2007, and Australia also has firms owned by non-lawyers. In fact three Australian law firms are publicly held companies. This is not...
Lessons from "Downton Abbey's" Lady Mary Crawley I admit to being somewhat addicted to the wonderful PBS series Downton Abbey. In the early 1920s, the fictional Lady Mary (played by actress Michelle Dockery above) inherits a 50% stake in the sprawling English manor of her ancestry. Always...
In my latest book, The Entrepreneur's Growth Startup Handbook (John Wiley & Sons/Bloomberg Press), I note nine key personality traits I believe make it more likely you will succeed as an entrepreneur. One key attribute to help you build something substantial: being a macromanager. What is...