Succession Planning Remains an Afterthought for Many Companies

Succession planning isn’t at the forefront of every business leader’s mind, but it should be. If you’re an executive leading a company, you will likely depart at some point.

In an ideal world, you would have that day all mapped out. However, too many CEOs, presidents, and founders left their positions without implementing a succession plan. The outcome often involves a combination of confusion and chaos, leading to attrition and negative publicity.

Succession planning

This doesn’t just happen to small businesses. Howard Schultz formerly served as the CEO of Starbucks — three times. Schultz’s multiple returns to Starbucks highlight the challenges of finding a suitable replacement for a top leader within an organization.…

Continue reading →

Why your Company Can’t Afford to Skip Safety Protocols

Each year, thousands of workers are injured on the job throughout a variety of industries, including construction, carpentry, automotive, and even people who work regular office jobs.

For this reason, the Occupational Safety and Health Administration (OSHA) created a set of safety regulations that all businesses must follow. Most businesses do a good job of meeting these regulations, but sometimes safety gets skipped for the sake of convenience. This is always a bad idea.

Caution signage

image credit: Rawpixel / CC0

There are serious consequences for ignoring your company’s safety policies and procedures. Here’s why your business can’t afford to put convenience ahead of safety.…

Continue reading →

Should You Serve Alcohol at Company Parties?

Alcohol is sometimes expected to be served at corporate parties and events, but it’s not always the best idea. The legal risks of serving alcohol are great, and if you’re considering serving alcoholic beverages, like beer, wine, or mixed drinks at a company event, here are some important things to consider first.

Outdoor office party

1. Is it legal for you to serve alcohol in the first place?

First and foremost, you need to know if you can legally serve alcohol at your function. If it’s not legal, don’t do it because you can get your business license suspended. If it is legal, make sure your lease allows it, or you could find yourself facing an eviction.…

Continue reading →

CEOs: Are you Sure you Are NOT The Main Cause of Losing Top Employees?

Today, the role of a CEO is more crucial than ever, especially when it comes to employee retention. Surprisingly, CEOs might inadvertently be the main culprits behind the departure of their top employees.

This article explore into this phenomenon and offers actionable tips for CEOs to prevent being the reason behind their best talents leaving.

Top employee resigning from her job

Understanding the Issue

The departure of top executives from companies is a complex phenomenon, influenced by a myriad of individual and organizational factors. One significant aspect of this issue is the individual response of executives to disruptive events or “shocks” that occur within the company.…

Continue reading →

The Benefits of Hiring a Specialized Personal Injury Attorney

When you’ve suffered a personal injury due to an accident or negligence, the consequences can be life-altering. Your physical well-being, emotional health, and financial stability may all be at risk.

Personal injury attorney

In such challenging times, seeking the assistance of a specialized personal injury attorney can make a world of difference. These legal professionals focus their expertise on specific types of personal injury cases, bringing a depth of knowledge and experience that can be invaluable to your case.

In this article, we explore the benefits of hiring a specialized personal injury attorney and illustrate the importance of specialization with a case study focused on traumatic brain injury (TBI) cases.…

Continue reading →

Personal Lawyer is your Legal Advocate for Life

In life, we encounter a myriad of legal situations that range from the routine to the complex, from the joyous to the challenging. Whether you’re celebrating a milestone, starting a business, dealing with family matters, or facing unexpected legal issues, having a personal lawyer by your side can make all the difference.

Personal lawyer

If you’re a resident in Maryland, hiring a Maryland personal lawyer makes sense. Your lawyer is not just a legal professional you turn to in times of crisis; they are your legal advocate for life, providing guidance, protection, and peace of mind in a wide array of situations.

The Trusted Advisor

A personal lawyer’s role as a trusted advisor goes beyond legal expertise.…

Continue reading →

Negotiating with Insurance Companies: How Personal Injury Attorneys Level the Playing Field

Navigating the aftermath of a personal injury can be a daunting journey, especially when you’re dealing with insurance companies. These powerful entities often have teams of adjusters and legal experts working to protect their interests, which can leave injury victims feeling overwhelmed and at a disadvantage. However, personal injury attorneys play a crucial role in leveling the playing field.

Negotiation with insurance company

Demas Law Group Sacramento Injury Lawyer elaborates how personal injury attorneys use their knowledge, experience, and dedication to ensure that injury victims receive fair compensation when negotiating with insurance companies.

Understanding the Insurance Company’s Tactics

Insurance companies are skilled at minimizing payouts to maximize their profits.…

Continue reading →

The Art of Wealth Preservation: 10 Strategies with Dynasty Trusts

Wealth preservation is a goal shared by many individuals and families, and it often transcends generations. One powerful and versatile tool in achieving this objective is the Dynasty Trust. This article explores the art of wealth preservation and delves into the strategies associated with Dynasty Trusts, illuminating their importance in securing and perpetuating family financial legacies.

Dynasty Trusts

Understanding the Dynasty Trust

What is Dynasty Trust? A Dynasty Trust is a type of irrevocable trust designed to hold and protect assets for multiple generations. It allows high-net-worth individuals and families to pass wealth down to their heirs while minimizing estate taxes and safeguarding assets from various threats, including creditors, divorces, and mismanagement.…

Continue reading →

Proving Negligence in Personal Injury Cases: Legal Insights

Personal injury cases hinge on the concept of negligence, a legal term that refers to someone’s failure to act with reasonable care, resulting in harm or injury to another person. Proving negligence is at the core of a successful personal injury claim. Therefore, consulting with the right legal specialist is the way to go – you can click here to continue.

Personal injury

In this article, we will talk about the intricate process of establishing negligence in personal injury cases, providing legal insights into this fundamental aspect of litigation.

Understanding Negligence

Negligence in personal injury law consists of four key elements that must be demonstrated to build a compelling case:

1.

…Continue reading →

Reasons Why You Should Purchase Life Insurance

Unbelievably, just 10% of Americans have life insurance, despite the fact that purchasing life insurance is one of the most significant financial decisions. However, why is it so crucial? Well, nobody can predict the future, no matter how much money you make. Every year, many people pass away too soon from illness or accidents. If you are the family’s only provider, your death could have a catastrophic effect on your loved ones’ capacity to pay debts, cover living expenses, and maintain their standard of living.

Life insurance plan

Therefore, purchasing a life insurance policy is the least you can do to ensure the financial stability of your family.…

Continue reading →