Sentences with phrase «take ownership of the firm»

Geely may have officially inked a deal to purchase Volvo Cars from Ford back in March, but it still faced several hurdles before it could officially take ownership of the firm.

Not exact matches

Besides figuring out whether a family member can take over the company's operations, succession advisors say clans must also come up with a consensus about a transfer of ownership, as well as implement a plan that allows the founder to extract their equity from the firm.

«Sitting in my role at BlackRock it was incredibly fulfilling and interesting to take ownership of how the firm was going to adapt to those changes,» DeCicco said.

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.

Recapitalizing — the reorganization of a firm's capital structure — allows business owners to take cash out of their companies while maintaining a meaningful ownership stake.

Once under Monex ownership, the broker said its senior executive officer Toshihiko Katsuya will take over as president of Coincheck, with Wada and Otsuka reportedly staying on at the firm in lower - level executive roles.

Empower your partner Give your construction management firm the right tools and ample confidence to take equal ownership of the process and the outcome.

I am a firm believer that it's never too early to begin the conversation around the importance of consent and ownership of one's body, and it's something I take incredibly important as a parent.

A123's Forcier took that to mean a foreign company must enter a joint venture with a Chinese firm, and that the firm has to have substantial ownership of the intellectual property.

The likelihood of a possible merger between two companies was then computed taking into account business proximity, geographic vicinity, social links between individuals within the two firms and common investor ownership, reflecting the strongly networked nature of the startup world.

Like the firm's Flying Spur and Continental GT, the Bentayga takes full advantage of Bentley's ownership by the Volkswagen Group.

An IRA Transfer is when the retirement assets of an individual are transferred from one financial institution (IRA Management & Investment Firms) to another, without the IRA owner taking ownership and risk of the assets.

We think investors should be paid to take on the risk of stock ownership and give top marks to firms with generous dividend yields.

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.

Taking ownership with the quality of their client relationships, Giordano Law is a traffic ticket law firm you can like and trust.

Your law firm no doubt shows up on some directories already but if you are not taking ownership of those listings, you risk having the wrong information published.

So, we shouldn't give up ownership of our law firms by taking in «another mouth to feed» with profits.

If you want to make yourself attractive to a potential small firm employer, being able to do or quickly learn and take ownership of non-legal tasks in the office can make the difference.

This video was taken of my presentation, Lawyers in Wonderland, or Why the ABA Should Undertake a Wholesale Reformation of Model Lawyer Ethics Rules, and Specifically Rule 5.4, which Currently Prohibits Non-Lawyer Ownership or Investment in Law Firms, at ReInvent Law Laboratory's London Conference in June, 2014...

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 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.

«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.

If, non-lawyers are allowed to have equity ownership in law firms and, for example, an insurance company partially or completely owns a law firm which defends its insureds in personal injury cases, the independent professional judgment of the lawyers working for the firm may take a back seat to the business goals of the insurance company.

At some firms, one solution may already lie within reach: presenting a compelling business case, recruiting internal allies in management, and capitalizing on current staff with capacity to take ownership of new IG initiatives.

The people that work there could probably earn more money at a big firm, but a big firm could grind you down and not let you have your own clients, whereas IMK allows partners to develop and grow on their own and take ownership of files.»

The U.K. had a similar rule barring nonlawyer ownership, but under reforms implemented by the Legal Services Act of 2007 law firms have been able to take on a limited number of non-lawyer partners and lawyers have been allowed to enter into a wide variety of business relationships with non-lawyers and non-lawyer owned businesses.

In addition to law firms and ABS structures elsewhere, studying non-lawyer business organizations (e.g. engineers can have non-engineer ownership but an engineer has to take responsibility under the certificate of authorization, and even looking at how MDPs have worked including decision - making restrictions) may be useful.

The recently launched blockchain project Cardano is taking aim at tackling land ownership challenges in Africa through one of the companies backing the Cardano project, software solutions and engineering firm IOHK.

I'm a firm believer in encouraging my people to shape their roles and most importantly, take ownership of what they do and how they do it.

This is a great opportunity for an experienced Administrative Assistant to take ownership of the position and support one of the firm's Managing Directors.