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Commentary

Why should a solo practitioner do succession planning? (access required)

Clients deserve protection against the adverse consequences of unforeseen events. A lawyer’s family needs protection against avoidable financial injury. Of course, no one likes to think about unexpected events that could cause us to abruptly cease practicing law. Unfortunately, accidents, ...

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Equal pay: Is it my fault? Or theirs? (access required)

Nov. 2 marks Equal Pay Day for Latinas. I know, I know, you are thinking, “No, we had this discussion back in April, for Women’s Equal Pay – we already know about this. Yeah, yeah, women make $0.80 on the ...

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Lengthening and liberalizing contracts with tax-exempt entities (access required)

Health care organizations that qualify for tax-exempt status under Internal Revenue Code Section 501(c)(3) are able to issue tax-exempt bonds to finance the construction of a health care facility. To protect against such bonds becoming taxable bonds, a health care ...

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Decoding Bitcoin (access required)

With big-name CEOs and Hollywood celebrities making splashy headlines about Bitcoin, it can be easy to lose sight of what the oft-misunderstood technology means for everyday users and small businesses. Is it a currency? Is it an investment? Is it ...

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Cannabis industry fertilizes ADR business (access required)

If you think lawyers who are creative, indeed entrepreneurial, should be encouraged to ply their trade, and that emerging industries are fertile ground to do so, then you should give a shout-out to the rapidly expanding business of manufacturing, packaging, ...

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Focus on where you want to go, not where you’re afraid to end up (access required)

Fear and anxiety are like gravity: just enough will keep you grounded and protected but too much will crush you. While fear is a protective device (and there are many benefits to experiencing fear), many of us experience fear or ...

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Bitcoin and Blockchain 101 for lawyers (access required)

Earlier this month, the Nebraska Ethics and Advisory Committee handed down Opinion 17-03, concluding that it was ethical for lawyers to accept Bitcoin as payment for legal services. It was the first opinion to address this issue and most certainly ...

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Significantly more lawyers are using cloud computing in 2017 (access required)

Cloud computing, where data is stored offsite on servers owned by third parties and accessed via an internet connection—has been around for more than a decade now. At first, lawyers were slow to adopt to the concept even though it ...

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It’s time for a new school funding formula in Idaho (access required)

Idaho will spend about $1.7 billion in K-12 education in 2017-18. This is roughly half of the state’s general fund budget. Tax payer investment in public education is critical to the future health of Idaho, its businesses and its families. ...

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Construction accounting tax tips (access required)

Over the summer the IRS released some accounting for contracts tax tips, which provides a nice summary of questions we frequently get asked. What is an accounting method? Every taxpayer reports income and expenses on their tax return according to ...

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