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Latest News

Releasing bad earnings news early could deter lawsuits

Firms that disclosed late were 45 times more likely to get hit with class action
June 2, 2011
When companies are looking at bad earnings news, a new study from the University of Iowa suggests it's best to remember what we learned as kids."If a child does something wrong and tells his mother about it, he'll probably be in less trouble if
Read More

Financial crisis influenced bankruptcy law, report says

Restructuring practice said being reshaped by court decisions last year
June 2, 2011
The financial crisis that profoundly impacted the U.S. and global business communities in so many ways has made a particularly strong mark in the insolvency law arena, says a new report by global law firm Shearman & Sterling.The report, titled a
Read More
—Staff photo by Mike McLean

Of-counsel attorneys focus practices, maintain ties with firms

Lawyers with such status include former partners, independent contractors
June 2, 2011
Mike McLean
The title "of counsel" can be attached to attorneys under a number of different circumstances, but what they all have in common is a continuing, focused relationship with their respective firms, lawyers here say.Ted Stiles, who is an attorney of
Read More

Most firms expect to give raises, bonuses, study says

70 percent of attorneys surveyed say associates to be better compensated
June 2, 2011
As business conditions improve and the employment market rebounds, compensation is re-emerging as a crucial retention strategy for many employers in the legal field, a new Robert Half Legal survey indicates.Seventy percent of lawyers polled say
Read More

Lee & Hayes is tabbed as tops in U.S. in patent quality

Also, Spokane firm opens office in Portland area, its sixth location overall
June 2, 2011
For the second consecutive year, Lee & Hayes PLLC, of Spokane, has been ranked No. 1 in the U.S. in patent quality, and No. 1 in the information technology industry, by Intellectual Asset Management Magazine and Ocean Tomo Patent Ratings.Patent
Read More

Franchisee-friendly statutes dominate here

Washington among 12 states in which franchises must register
June 2, 2011
Linn Parish
Entrepreneurs who are considering a franchise opportunity, take note. According to franchise-law experts here, Washington state has some of the most franchisee-friendly statutes in the U.S. For companies that want to expand through franchising a
Read More
—Staff photo by Chey Scott

Solo attorneys unite

More lawyers practicing alone, facing challenges in networking, mentoring
June 2, 2011
Chey Scott
A newly formed section within the Spokane County Bar Association aims to support a growing number of solo and small-practice attorneys.The group's formation underscores an emerging trend in which many law-school graduates are striking out on own
Read More

State accountants group to meet here June 16-18

June 2, 2011
The Washington Association of Accountants' annual convention is slated for June 16-18 at the Red Lion Hotel at the Park, at 303 W. North River Drive, near downtown Spokane. The WAA's Spokane chapter will host this year's event.Jane Kantor, WAA's
Read More

Charitable gifts increased by 6.6 percent in '10, study says

Year-to-year gain offsets unprecedented decline during previous year
June 2, 2011
Charitable giving in the U.S. totaled $323.9 billion in 2010, up 6.6 percent from 2009, says a newly released report from the Atlas of Giving. The 2010 figure is particularly meaningful given the fact that 2009 saw an unprecedented decline in to
Read More

Opportunity remains in muni bond market

Investors should look for strong ratings, sales that fund essential services
June 2, 2011
Andrew Leckey
Pay close attention to the quality of the municipal bonds and municipal bond funds that you own or are considering buying.That's the best advice for investors in this panicky 2011 in which fleeing the muni bond market is a national obsession. to
Read More
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