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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.
BLS: Staffing Employment Growth Continues
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IHS: Sharp Upturn in Business Activity; Demand Strong; But Inflation Reaches New High
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NFIB: Labor Quality and Costs Remain Top Business Problems for Many as Owners Struggle to Increase Workforce
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Get Weekly Updates on Staffing Employment Trends, With Dynamic Charts
Looking for real-time data on staffing employment? The ASA Staffing Index reports weekly changes in the number of people employed in temporary and contract work, now including data on staffing starts (new assignments). The data will help your firm evaluate its performance against a national metric on both a weekly and long-term basis.
All staffing firms with U.S. operations are invited to participate in the ASA Staffing Index survey. Every Tuesday, participants receive an email with the results of the weekly survey, including figures by company size, and access to historical data and new dynamic charts. These data, which are not available anywhere else, allow staffing firms to compare how their business is doing on a weekly basis relative to similarly sized firms in the industry. There are no fees to participate in the five-question survey.
Don’t get stuck with outdated or unreliable data—sign up to participate in the ASA Staffing Index and receive the most up-to-date information about the staffing industry. For more information about the index, visit americanstaffing.net/staffing-index.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Feb. 27.
Abba Staffing & Consulting
Bedford, TX
CDL Labor Management Inc.
Carlisle, PA
JWilliams Staffing Inc.
Irvine, CA
Logistic Solutions
Elizabethtown, KY
Penn Apartment Staffing
Dallas, TX
Biden Signs Bill Banning Forced Arbitration in Sexual Misconduct Cases
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Federal Taskforce Recommendations Support White House’s Pro-Union Agenda
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A Closer Look: Avoiding a ‘Mass’-ive Arbitration Problem
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Court Orders Payment of Nearly $274K in Back Wages, Interest; Staffing Firms Agree to Future FLSA Compliance
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DC’s Noncompete Law Poised to Be Delayed Until Oct. 1
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Hiring Explodes as Job Cuts Decline in February
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Inflation and Hiring Concerns Dim Outlook for U.S. Economy
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Factors Associated With Hiring Success Amid Challenging Labor Market
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Recruiters and Students Differ in Their Perceptions of New Grad Proficiency
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