Sentences with phrase «ownership of the firm for»

For one thing, the commitment a firm makes by an invitation to partnership — granting partial ownership of the firm for anywhere from 25 to 35 years — is so massive that it's irresponsible to do so without conducting a deep, long - range assessment of whether the firm will be well served by making this commitment.

There will be opportunity for partnership or full ownership of the firm for the right individual, once AACI designation is attained.

Not exact matches

Citing the benefits of more competition for consumers and competitive pressure for firms, they recommended that foreign ownership restrictions and barriers to entry by foreign firms be relaxed.

«It will be hard for a club owned by 150,000 members to either keep this ownership model, or if it keeps it, to continue competing at the very top level,» says Victor Font, CEO of Delta Partners, a global telecom advisory and investment firm, who is considered one possible successor to Bartomeu in 2021.

To transfer ownership, the company creates an ESOP — a kind of trust account — and takes out a loan from its bank for $ 4 million, 40 % of the firm's value.

«If someone is thinking of entering into business ownership for the first time, they should be able assess how much liquid cash they are willing to risk, and what their lifestyle goals are, and whether they have an exit strategy,» says Anne Barr, president of the Dallas - based advising firm Franchise Opportunity Specialist.

Like paper - only shells, which enable the secrecy - minded to hide real ownership of assets, shelf companies are set up by firms like Wyoming Corporate Services, then left «on the shelf» to season for years.

Angel investors or venture capital firms invest in companies for a share of ownership.

With a few exceptions where workers gave wage concessions for ownership, firms that adopt ESOPs add ownership to paying normal market levels of pay.

Using credit to finance new ownership for ESOP workers can allow workers to accumulate capital wealth on top of their wages while still having access to diversified retirement plans that are funded through the firm's compensation budget.33

(page 8) This should also include other forms of employee stock ownership such as broad - based restricted stock and stock option plans for entrepreneurial firms and worker cooperatives for smaller local firms.

This is a «prepackaged» bankruptcy filing where the company has reached an agreement with its creditors — which include PE firms Elliott Management, Monarch Alternative Capital LP, and Apollo Global Management — to restructure its debt, meaning that ownership will be transferred to creditors in exchange for some of the debt.

Burger King had languished for eight years under the ownership of the private equity firms Goldman Sachs Capital Partners, TPG Capital, and Bain Capital.

The group incentive nature of employee stock ownership and profit sharing makes this an effective way to create and reinforce a sense of common purpose, and to encourage higher commitment and productivity.23 It is also the case with ESOPs that the new ownership might not be viewed by the firm in the same way as other added compensation because the ownership is financed through loans to buy new capital as company stock, with Federal tax incentives, and the shares are not paid as normal wages and benefits out of company budget reserved for this purpose.

If in the future your back is against the wall and you end up needing another round of financing, you could lose ownership of your own firm if you don't ask for enough in the beginning.

In some cases, where ownership is dispersed among a number of different owners — such as a large law firm or medical group, for instance — the bank will consider and sometimes accept a limited guarantee shared by all business partners, says Battles.

Though China has made strides in opening its equity and bond markets to foreign investors, American banks and securities firms have complained for decades that China's ownership - cap policy marginalized them in one of the fastest - growing financial systems on the planet.

It just doesn't bother us because what we're doing is building a collection of long - term cash - generating ownership stakes in firms that we want to hold for a very long time.

The program called for mixed public - private ownership of key industries to prevent monopolies and economic concentration, «planning and direction» of the economy, self - management of economic relations through occupational councils, promotion of small - to medium - sized firms, and protection of individual freedom and private property.

Both private equity firms have been privately signalling they are right behind the fix - it plans of Treasury chief executive Mike Clarke for the company, which means there is a strong likelihood he will remain at the helm of the company should a change of ownership happen.

The business secretary, Vince Cable, has claimed to be ending «the darker side of capitalism» by announcing he will press ahead with a new public register on company ownership to track the ultimate owners of UK companies, so making it more difficult for firms to evade tax or funnel corrupt funds.

For another, government plans will leave the register out of date, because firms are required to update the register with any changes to their ownership only once a year.

If expanded professional ownership for CPA firms is enacted, New York could benefit from the creation of nearly 150 new accounting firm partners across the state in the coming year alone (based on the current number of CPA firms and anticipated expansion under the Act), which could generate up to $ 66 million in new business activity and $ 6.5 million in state - taxable income.

This affidavit must affirm that there have been no changes in the firm's circumstances affecting its ability to meet size, disadvantaged status, ownership or control requirements of the part or any material changes in the information provided in its application form, except for changes about which you have notified the recipient as provided in the regulation.

Like its sister firm Jaguar, British brand Land Rover has gone from strength to strength under Tata ownership, and continues to grow following the notable success of the Evoque SUV and the replacement for the old Freelander, the Discovery Sport.

I'm leaving aside the concept of naked shorting, because there are a lot of bad implications to allowing a third party to create ownership interests in a firm, a power which is reserved for the firm itself.

Widespread ownership of easy - to - grab items like laptops, cell phones and video game consoles has contributed to the 24 % increase for dollar amount of items stolen per house since 2002, says Aviva Canada Inc., an insurance firm.

And of course, the $ 30 million dollars a year is part of a shell - game that is played so that trustees of fund organizations see perhaps a $ 5 million dollar compensation number for the manager, with other amounts categorized as «ownership interest in the firm» or «long - term compensation pool» etc., etc..

Ownership of shares themselves are tracked for brokerage firms (in the case of retail trading, which I assume is the context of this question as we're discussion personal finance).

Our ownership structure provides for broad participation in the success of our firm, with plans for a long - term recycling of equity.

He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.

Discipline should be firm and consistent without being harsh; ownership of the breed is not for the timid or the very busy person.

Ownership means more of the economic value of of a solar array stays local, whereas the third party market for solar is dominated by a few national firms.

Construction started on 1,366 MW of wind capacity, and 4,158 MW entered advanced stages of development, which includes projects that have found buyers for their energy, announced a firm turbine order, or have been announced to proceed under utility ownership.

Taken as a whole, these amendments set the stage for The Law Society of Manitoba to move towards stronger and more effective protection of the public interest through a more diverse governing body, introduction of multi-disciplinary practices and opportunities for participation in and ownership of firms by those outside the legal profession.

While the Commission called for comment on a number of significant issues, my comments focused on alternative providers of legal services and regulatory innovations, including non-lawyer ownership interest in law firms.

I think that when you have an owner and an ownership structure I think law firm partnerships lack ownership influence because a lot of partners certainly in larger partnerships, there is a both sort of say three, four, five partners when you have larger partnerships I think it's hard to feel if anybody owns the business because everybody's in the business sort of their income and sharing profits and competing with each other for those profits.

About 650 lawyers worked for the firm and of these, 260 were «equity partners» who had an ownership interest in the firm.

For law firms, taking ownership of an LEI policy also poses a risk, Robson says, noting that most clients will rely on their lawyer to explain the details and consequences of this type of insurance.

In a statement, the Law Society said provisions in the act «meant the «Tesco law» option, which would have allowed 100 % of non-solicitor ownership of a law firm, was ruled out for Scotland».

In a recent report from risk management software firm, Accuity in collaboration with the Law Society, «The Challenges of AML for Law Firms 2016» (published before the new regulations came into force), law firms considered their four greatest challenges to be CDD - related, namely verifying beneficial ownership, establishing a client's source of wealth, performing ongoing due diligence and getting fee - earners to take responsibility for clientFirms 2016» (published before the new regulations came into force), law firms considered their four greatest challenges to be CDD - related, namely verifying beneficial ownership, establishing a client's source of wealth, performing ongoing due diligence and getting fee - earners to take responsibility for clientfirms considered their four greatest challenges to be CDD - related, namely verifying beneficial ownership, establishing a client's source of wealth, performing ongoing due diligence and getting fee - earners to take responsibility for client CDD.

The regulatory prohibition on non-lawyer capital and ownership of firms is a major roadblock for the large - scale retail law firm model.

«Given the cost of opening a firm and building a client base, I am sure there are many lawyers who would be interested in hanging up their own shingle with the assistance of an ABS structure — it doesn't have to be a behemoth shareholder to make this possibility a reality — it could be a collection of individuals who have faith in the lawyer and want some form of security / ownership / return for the risk they are taking by supporting the set - up and initial operating costs of that lawyer.

However, using public file - sharing sites even for standard legal documents raises risk and security concerns involving accessibility, ownership and location of data, and many firms prohibit their use.

Australia has permitted non-lawyer ownership of law firms for several years and the US is seriously considering it with the American Bar Association's Ethics 20/20 Commission.

He called for an «entire reregulation of the profession» and stressed the need to eliminate restrictive rules on law firm ownership.

Save for one exception, the District of Columbia is the only jurisdiction in the U.S. that under very limited circumstances actually permits ownership or management of a law firm by nonlawyers.

These alternative business structures include non-lawyer ownership of firms, as well as «one - stop shop» structures that include a range of professional services, legal and otherwise, for clients.

And allowing for minority nonlawyer ownership of law firms might be just a preliminary phase in ultimately allowing for majority nonlawyer ownership.

Such changes in law firm ownership and structure will create new business opportunities, more efficient management practices, and new sources of financing for law firms.