The Conference Board Help Wanted OnLine Index rose in December and now stands at 102.4, up from 101.7 in November. The index declined 0.3% from the prior month and is down 2.0% from a year ago. The professional occupational category experienced increases in community and social services (2.0%), health care practitioners (1.8%), architecture and engineering (1.0%), and computer and mathematical science (0.7%). The services and production occupational category experienced increases in farming, fishing, and forestry (3.9%), building and grounds (3.6%), health care support (2.5%), and personal care and service (1.4%).
Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
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