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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.
Relaunched for 2023: ASA Staffing Operations Benchmarking Survey Now Open
Participate in the ASA Staffing Operations Benchmarking Survey and gain exclusive online access to a wealth of data and company benchmarks that focus specifically on temporary and contract staffing and direct hire search and placement services. This survey provides an up-to-date collection of indispensable data that informs decision-making so your staffing company can position itself for growth and increased margins. Participating companies receive early access to a discounted, personalized version of the final report.
The survey is based on peer input from staffing companies of varying sizes from across the U.S. and features more than 120 benchmarks for temporary and contract staffing, and direct hire search and placement services. Learn more and register to participate at americanstaffing.net.
Today’s ASA Webinar Cancelled
The ASA webinar scheduled for this afternoon, “ASA Search and Placement Webinar Series, Part 1: Onboarding a Candidate-Focused Recruiter in the Direct Hire Space,” will not take place today.
The webinar has tentatively been rescheduled for Tuesday, Dec. 20. When the new date is confirmed, details will be published in this newsletter and at americanstaffing.net.
Be an Industry Thought Leader—ASA Now Accepting Proposals
Can you offer solutions for the challenges that staffing firms face today? ASA is looking for experts in the staffing, recruiting, and workforce solutions industry to share their experience and expertise with the ASA community.
Opportunities are available for Staffing World, the ASA annual convention and expo, and for ASA Webinars in 2023. Staffing World 2023 takes place Oct. 3–5 at the Charlotte Convention Center in Charlotte, NC.
Industry experts, and business professionals in other disciplines pertinent to the staffing industry, should submit proposals for
- Staffing World Breakout Sessions: Concurrent, interactive sessions between 45 and 75 minutes long
- Staffing World Knowledge Hub Tech Talks: 10-minute talks on technology topics important to the industry
- Staffing World Knowledge Hub Speed Talks: 10-minute talks on general topics important to the industry
- ASA Webinars: Produced Tuesdays and Thursdays beginning at 2 p.m. Eastern time. ASA also offers micro learning opportunities that can be scheduled at different times and shorter intervals.
For more information and to start your Staffing World submission, visit americanstaffing.net/presenters. To start your ASA Webinar submission, visit ASA Central. The deadline for ASA webinar and Staffing World Breakout Session proposals is Jan. 31, 2023, and the deadline for Staffing World Knowledge Hub talks is May 31.
See How Staffing Firms Can Thrive in an Uncertain Economy—Read Staffing Success Magazine
Economic analysts have been broadcasting doom and gloom for months, and yet the economic outlook remains somewhat unchanged. No matter the market fluctuations, see what your company can do now to ensure maximum success and minimal disruption in the latest issue of Staffing Success magazine.
ASA members can access the current issue and back issues of Staffing Success, and other ASA digital publications, at americanstaffing.net/digital.
Free ASA Webinar Today—Using Technology to Improve DEI
Don’t miss the ASA webinar “Meeting Your DEI Goals by Coordinating With Technology Partners.” It takes place today from 2 to 3 p.m. Eastern time. A panel of staffing technology providers will discuss how technology can help a firm meet its diversity, equity, and inclusion (DEI) goals during this session presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group. The ASA IDEA group is sponsored by ASA corporate partner Monster and by Anthem, along with supporting sponsors HiringSolved and WorkN.
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.
Free ASA Webinar Today—Panel Discussion on Hiring Military Veterans
Don’t miss today’s ASA webinar “Panel Discussion: Tapping Untapped Talents, Part Two (Focus: Hiring Veterans and Military Spouses),” 2–3 p.m. Eastern time. In the second session in the two-part Tapping Untapped Talents series—presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group—a panel of experts with experience connecting the military community with meaningful employment opportunities will discuss the benefits of sourcing and employing military veterans and their spouses. The ASA IDEA group is sponsored by ASA corporate partner Monster and by Anthem, along with supporting sponsors HiringSolved and WorkN.
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.
ASA Quarterly Survey Now Open—Get Free Staffing Employment and Sales Data
The association’s quarterly Staffing Employment and Sales Survey for the third quarter of 2022 is now open. Participate in the survey and compare how your company is doing with similar-sized companies and firms within your industry sector.
After completing the survey, you will be able to access an exclusive online report archive, which includes benchmarks for the number of direct hire searches and permanent placements, sector-specific gross margin trends, and payroll and productivity metrics by company size. Participate by Nov. 25 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.
Get Insights From Industry Peers—Participate in the ASA Mentor Match Program
ASA provides a resource designed for staffing industry professionals interested in being part of valuable mentoring relationships—the ASA Mentor Match platform.
Mentor Match allows members to make valuable industry connections, define career goals, and gain insight from staffing peers. The program is about growing professionally and networking with fellow ASA members.
Applications for the six-month cycle that begins in January 2023 will be accepted through Dec. 7. Visit americanstaffing.net/mentormatch to get started as a mentor or mentee. Questions? Contact ASA at 703-253-2020 or volunteer@americanstaffing.net.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
- Best way to spend advertising dollars
- Direct hire fee structure
- Network with fellow Staffing World attendees
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
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