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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.
Small Business Optimism Reaches Lowest Level Since 2012
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Online Labor Demand Rises in March
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Inflation Rises Sharply Again in March, CPI Shows, and Raises Doubt About Fed Rate Cut
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Utah’s Tech Hub Powers America’s Hottest Job Market
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Free ASA Webinar Tomorrow—Understanding the American Workforce
Don’t miss tomorrow’s ASA webinar “Employbridge Presents the 2024 Voice of the American Workforce Survey,” 2–3 p.m. Eastern time. Find out ways to attract, motivate, and retain hourly employees when ASA chair Joanie Bily, Employbridge’s division president and chief workforce analyst, presents a preview of the results from the latest Employbridge Voice of the American Workforce Survey, one of the nation’s largest and longest-running surveys of America’s hourly workers.
All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
Participate in the ASA Quarterly Staffing Employment and Sales Survey
The association’s quarterly Staffing Employment and Sales Survey for the first quarter of 2024 is now open. Staffing companies that complete the brief survey—including search and placement firms—will have access to an exclusive report on the results, enhanced with graphs. The report, which participants can download from the ASA website, also includes an executive summary, plus sales category and sector-level data.
The data collected by this survey enable ASA to track staffing sales and gross margin trends and provide direct hire metrics. Participate in the Staffing Employment and Sales Survey by May 24 to get the staffing industry information you’re looking for.
Register to take the survey, or view the questionnaire, at americanstaffing.net/quarterly-survey. If you have questions or did not receive a survey link, email research@americanstaffing.net. There are no fees to participate.
Staffing Firm to Pay $2.2 Million in EEOC Hiring Discrimination Lawsuit
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Second Circuit Clarifies the Test for Disparate Treatment Discrimination
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When Language Differences Are Present, Companies Must Work Harder to Prevent Unintended Litigation
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Cal/OSHA Publishes FAQs for New Workplace Violence Prevention Law
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Expanded Minimum Wage Law Covers Employees Who Work Two Hours a Week in DC
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Hiring Growth for Small Businesses Continues in March
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Companies Recognize the Power of Comprehensive Benefits in Attracting and Retaining Top Talent
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More Workers Prefer Hybrid to Remote Work
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2024 State of Health Care Report Highlights Areas of Priority for Employer Benefit Plan Sponsors
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