Posted in Law Firms

Changing Compensation Strategies Put Partners Under Pressure

Extreme competition is the sign of the times, today, for law firms = grace periods are much shorter than in the past = partners are gaining more importance into bringing client and must also perform even better than in the past = remuneration for the top partners may be detrimental to the lower levels = one single weak year can destabilise a law firm very much = younger partners and associates may leave more quickly than ever.

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Posted in Tax Law

EU MEMBER STATES REACHED CONSENSUS ON ANTI-HYBRID MISMATCH MEASURES

An ATAD2 (anti Tax Avoidance Directive 2) has been agreed on 21/2/2017 to replace the ATAD1 to tackle hybrid mismatch arrangements, but only between two (2) Member States. Whit this update, a Member State has to deny a deduction for the payment made to the hybrid entity, even if the participants of the entity are not in one of the Member States.

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Posted in Management

The top 10 minute-taking best practices

If you are in charge of taking minutes, you’d better follow these tips:

1. Ask yourself, as you’re taking notes: “Will it matter in two days/weeks/months/?”

2. Summarize.

3. Do record motions word for word

4. Use keywords vs. sentences.

5. Keep emotions out of the minutes

6. Be an active listener. If you missed a motion, interrupt the meeting,or ask the person later on.

7. Reflect accurately the order of the discussion.

8. Switch to using your laptop for minute-taking.

9. Create bulleted lists.

10. Streamline your sign-in sheet. For example a template with three columns: (1) all staff and attendees. Attendees sign the second column and mark their arrival times in the third column.

 

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