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Treasury: 4.5M hires qualify for new tax break
Attorney Blog News |
2010/07/12 10:05
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| pBusinesses have added 4.5 million workers under a new program that provides tax breaks for hiring unemployed workers, the Treasury Department said Monday./ppIt is unclear, however, how many of those workers would have been added without the tax break./ppPresident Barack Obama signed a law in March that exempts businesses hiring people who have been unemployed for at least 60 days from paying the 6.2 percent Social Security payroll tax through December. Employers get an additional $1,000 credit if new workers stay on the job a full year./ppTreasury released a report Monday estimating that from February to May, businesses added 4.5 million workers who qualify for the tax breaks. Those businesses are projected to save $8.5 billion in taxes./p |
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Immigration to rich countries fell during crisis
Law Firm Press Release |
2010/07/10 10:05
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| pImmigration to rich countries dropped during the global economic crisis, reversing five years of annual increases as the demand for labor fell, the Organization for Economic Cooperation and Development said Monday./ppA report showed that 4.4 million people migrated to the OECD's 31 member countries — the world's most developed economies — in 2008. That is a drop of about 6 percent from the year before./ppThe fall reverses five years of annual increases of 11 percent, the OECD said in its International Migration Outlook 2010./ppNational data suggest that international migration fell again in 2009./ppUnemployment among male immigrants has risen more than among native counterparts because many immigrants worked in industries badly hit by the crisis, such as construction, hotels and restaurants, the OECD said. Still, few are returning home, it said./ppIn some countries, employment of female immigrants has risen as women take jobs to make up for lost income of their unemployed spouses, it said./p |
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Law firm merger activity picks up
Legal Blog News |
2010/07/05 09:52
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| pLaw firm merger activity picked up after a sluggish first quarter in part due to a renewed increase in transatlantic marriages between large domestic firms and those headquartered in England. /ppAmong the 10 mergers reported last quarter by legal consultancy Hildebrandt Baker Robbins -- one more than during that time frame last year -- was the union of Washington stalwart Hogan amp; Hartson and London-based Lovells to form Hogan Lovells, which the report characterized as the second-largest since Hildebrandt began tracking quarterly merger activity. /ppA second cross-border marriage of equals, between Chicago-based Sonnenschein Nath amp; Rosenthal and London's Denton Wilde Sapte, was announced last quarter but is not included in that figure because the merger will not be completed until later in the year. /ppIndustry analysts say that after a period of caution, U.S. firms are once again looking for markets in which to expand -- and the obvious one for some is London, where many firms specialize in the kind of corporate transaction work that has long been the bread and butter of New York. /p |
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Price Waicukauski Riley, LLC
Law Firm Press Release |
2010/07/05 09:51
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| Price Waicukauski amp; Riley, LLC offers more than 100 years of litigation experience in state and federal courts throughout Indiana and across the nation.nbsp; While our office is in Indianapolis, Indiana, our firm focuses on representing plaintiffs in complex cases throughout Indiana and nationwide. nbsp; Our practice areas include:ullia href=http://www.price-law.com/practice-areas/class-actionsfont color=#7b1113Class Actions/font/a/lilia href=http://www.price-law.com/practice-areas/business-litigationfont color=#7b1113Business Litigation/font/a/lilia href=http://www.price-law.com/practice-areas/pharmaceutical-drug-litigationfont color=#7b1113Pharmaceutical Drug Litigation/font/a/lilia href=http://www.price-law.com/practice-areas/personal-injuryfont color=#7b1113Personal Injury/font/a/lilia href=http://www.price-law.com/practice-areas/products-liabilityfont color=#7b1113Product Liability/font/a/lilia href=http://www.price-law.com/practice-areas/medical-malpracticefont color=#7b1113Medical Malpractice/font/a/lilia href=http://www.price-law.com/practice-areas/legal-malpracticefont color=#7b1113Legal Malpractice/font/a/lilia href=http://www.price-law.com/practice-areas/property-rights-litigationfont color=#7b1113Property Rights Litigation/font/a/lilia href=http://www.price-law.com/practice-areas/actions-against-banksfont color=#7b1113Actions Against Banks/font/a/li/ulHourly, contingent and combination fee arrangements are available to suit individual client needs.nbsp; Unlike many law firms, we offer real alternatives to the traditional billable hour for clients invlovled in business disputes. |
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Ore. trial court to reconsider $100M tobacco case
Legal Blog News |
2010/06/28 08:59
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| pThe Oregon Supreme Court has ruled that Philip Morris does not have to pay $100 million in punitive damages to the family of a smoker who sued the tobacco giant over its low-tar cigarettes./ppThe case, however, is going to another jury to decide just how much the death of Michelle Schwarz from lung cancer in 1999 will cost Philip Morris — and legal experts say it could easily be another big award./ppA Multnomah County jury in Portland originally awarded the Schwarz family $150 million in March 2002 before the trial judge reduced it to $100 million./ppOn Thursday, the Oregon Supreme Court vacated the $100 million award and sent the case back to the trial court to reconsider the punitive damages after ruling the judge failed to properly instruct the jury./ppThe court said the judge should have told the jury it could not punish Philip Morris directly for harm caused to others besides Schwarz./ppBut the court also supported the trial judge, who had rejected jury instructions the tobacco company had requested./p |
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