With businesses reeling from the pandemic, an alternative legal model might get a boost
Tuesday, July 7, 2020 Even before the COVID pandemic struck, Global Workplace Analytics, a research-based consulting organization, predicted that 25 to 30 percent of the U.S. workforce would be working from home multiple days a week by the end of 2021. That trend could be—and already has been—especially disruptive to the legal industry, where in-person meetings have long been considered vital to the attorney-client relationship. But while many firms and […]
Will a slowdown be mitigated by pent up demand?
Thursday, June 11, 2020 Movie sets are empty, and theaters are closed. Blockbuster releases from every major studio have been pushed back, some by more than a year. Broadway’s curtains won’t rise all summer. And television production has ground to a halt. Without a doubt, the COVID-19 pandemic has changed the entertainment industry for the short term. But what about the long term? Several prominent attorneys—representing clients ranging from […]
Lawsuits are threatened but courts aren't hearing them
Monday, June 1, 2020 A New York City wedding for 350 guests was set for May, but the biggest inadvertent party-pooper—not on the guest list—was Gov. Andrew Cuomo. Enforcing a government shutdown in response to the COVID-19 pandemic, festivities ground to a halt before things even started. Was anyone surprised? The happily-ever-after event was on a collision course with government restrictions. With 33,000 people dead and dying in the tri-state area due to […]
Risks are growing for migrants and growers alike
Friday, May 29, 2020 With an estimated 85 percent of the U.S. salad crop sprouting from California’s Salinas Valley, it’s small wonder why the people who harvest it are deemed essential workers by the federal government. With those workers often subject to thankless, back-breaking and low-wage labor under a blazing sun, growers have long looked south of the border or even across the Pacific to […]
Investors are waiting out the crisis, while distressed companies can be had cheap
Friday, May 22, 2020 After a record-setting decade, the number of private equity firms buying companies has slowed. According to data from Dealogic, M&A volume in the U.S. plummeted a jaw-dropping 50.2 percent compared to the same period last year. Worldwide, there was a 35.5 percent decrease in M&A volume and 16.3 percent drop in revenue. The reason isn’t a mystery. With the COVID-19 pandemic […]
