GMS Business Consulting 292 Comments

Is The U.S. – Big Brother To The World?

Photographer: Victor J. Blue/Bloomberg

Photographer: Victor J. Blue/Bloomberg

 

Hello everyone…this is a follow-up post from a post we made earlier in the year regarding the U.S. Government requiring foreign banks to give up personal data on foreign bank accounts held by U.S. citizens…or else…face fines/penalties/prosecution/access to U.S. financial markets etc.  This law is known as FACTA (Foreign Account Tax Compliance Act).  Today’s article on Bloomberg does a good job in describing this very disturbing law and progression of our governments reach.  It appears as though we’re not only acting as big brother to U.S. citizens, but perhaps to the entire world.  Below are several key points to consider: Read more

GMS Business Consulting 237 Comments

Part 1: Strategic Growth – For Law Firms

from: The Am Law Daily

from: The Am Law Daily

 

Good Morning!  We saw an interesting New Report from Georgetown Law, which also appeared in Am Law Daily (Jan 6th, 2014) that we thought would be of interest to our lawyer clients & business clients alike.  This article focuses on how law firms should not chase growth just for the sake of growth.  We couldn’t agree more.  It’s very easy for law firms and businesses in any industry, and of all sizes to get caught up in the merger and acquisition frenzy because of the perceived “need” to grow…but be careful!  Often when this activity heats-up, pricing multiples are high, and a haste to acquire may not be as strategic as you believe.  Acquisitions should be a well-thought out part of a firms’ long-term and strategic planning process. Read more