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Business advisory services
Private enterprise
Getting routine law firm news published still delivers value, requires savvy PR know-how
How many times over the past 12 to 24 months have you clicked to read an online story or mention of your law firm or firmâs attorneys, only to be blocked by the dreaded subscription paywall? Where once you could freely roam the online pages of a newspaper or magazine, now you either have limited access to content or must pay a fee to read everything on a site. And the trend is only going to spread.
Nov 11, 2021
Alert
Business advisory services
Private enterprise
How can you reach and recruit diverse lawyers?
I am amazed by how many managing partners and firm practice group leaders tell me, âMike, weâre having trouble recruiting a homogenous, non-diverse stable of lawyers; we want to grow our numbers but we canât seem to break the cycle of onboarding lawyers who all look very different from each other and represent different life experiences, ethnicities, geographies and genders. Can you help us address this human capital challenge?â
Nov 2, 2021
Alert
Business advisory services
Three things to include in your law firm websiteâs âAboutâ section
When it comes to marketing a law firm, how do you differentiate your firmâs identity from others in the market? Itâs not your full-service scope; countless law firms claim to have all the practice areas a client could ever need. Itâs not the quality of the attorneys; no firm would boast that their lawyers are the second-best in their region or area of practice.
Nov 2, 2021
Business advisory services
Private enterprise
Tax advisory
Government announces targeted COVID-19 support measures
On October 21, 2021, Chrystia Freeland expanded federal COVID-19 recovery programs with a more targeted approach.
Oct 22, 2021
Business advisory services
Tax advisory
Insurance Tracking Shares
If a taxpayer owns shares of a corporation and passes away, he or she is deemed to have disposed of their shareholding at fair market value (âFMVâ) unless a tax-free rollover is applied...
Steven Frye
Sep 23, 2021
Corporate finance
Valuations
Audit and accounting
Tax advisory
The profits and pitfalls of maintaining QSBC share status
Bill C-208's Royal Assent highlights the importance of maintaining QSBC share status for tax planning opportunities.
Sep 21, 2021
Business advisory services
Restructuring and recovery services
Private enterprise
Easing the transition
The Canada Emergency Wage Subsidy (CEWS) has been an important program for businesses struggling with the economic fallout of the pandemic. This program (which began on March 15, 2020) was designed to keep employees on the payroll during a time when businesses were experiencing unprecedented disruption in revenue. The federal government is phasing out this program by reducing the subsidy rate over the remaining four periods, from June 6 to Sept. 25, 2021.
Jun 23, 2021
Restructuring and recovery services
Succession and estate planning
How to attract and retain talent in the new labour market
As society advances through the pandemic, 2021 could see the highest number of people (re)entering the workforce and changing jobs in recorded history.
Jun 22, 2021
Transaction services
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International
Succession and estate planning
A hot housing market and a change in use equals tax with no cash. But there is a solution.
Most Canadians know that selling their home normally will not result in income tax thanks to the principal residence exemption (PRE). Unfortunately, people tend to extend this "knowledge" into a feeling that they need never worry about tax when dealing with their principal residence.
Eric Gagnon
Jun 7, 2021
Business advisory services
Private enterprise
Leadership: agility in the face of fragility
This article first appeared in the ABAâs Law Practice November/December 2020. It is reproduced here with permission. Leaders are aware of the imperative to be agile right now. However, many may have a blind spot and are not conscious of or sensitive to the fact that their constituencies are particularly stressed and fragile.
May 5, 2021
Business advisory services
Private enterprise
Frugal innovation in lawyer formation
More than a decade ago, in a post that captured the imagination of hardly anyone, I wrote about the need for âfrugal innovationâ in the legal services sector. Chief among the problems with the legal market, I said, is lawyersâ insistence on offering ever-more-elaborate services to ever-fewer people at ever-higher prices, ignoring the growing population with straightforward legal needs but little time or money to address them.
May 5, 2021
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