New Zealand Honeymoon

The photos really say it best – what a lovely country.  Some unique aspects include:

– The topography and climate change rapidly as you travel throughout;

– Homes and even businesses have no central heat, with the theory of “put another jersey on” if you are cold;

– The people are very friendly, more than Midwestern friendly; and

– The coffee culture is phenomenal.

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Wedding

Marissa’s beauty on our wedding day was only surpassed by how wonderfully supportive our families and friends were.  The planning, the preparation, the travel, and the enjoying the moments – none of it would have been possible without the help of our family and friends.  Thank you to all, including our vendors, for such a lovely wedding weekend.

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10/90

So you’ve accurately assessed a client’s problem and laid it out in plain terms.  Or, you’ve critiqued opposing counsel’s positions on a transaction to the farthest extent possible.  These are necessary, valuable skills, but only ten percent of the task has been completed.

Ninety percent of the job, the hardest part of the role, is figuring out the fix, the solution.  Any decent attorney can highlight errors and problems; top notch counsel plans resolution. 

“Don’t you just have a form for that?”

That utterance is heard by transactional attorneys on a regular basis. My analogy for a client is as follows:

A form is to a completed contract or set of contracts that properly allocate duties and risks as a pile of lumber, concrete, brick, and drywall is to a finished house. Between a load of raw materials and a finished home are various craftsmen, all working together to accomplish the goals of the homeowner.

The same principle applies to the work performed by counsel, appraisers, inspectors, title insurers, and lenders – these are professionals skilled in their crafts that need to work together to accomplish the goals of the clients.

Lesson to be learned, a seller finding a form on the internet equates to Joe and Jane Future Homeowner finding their local hardware store.

Pay Talent to Keep Talent

http://blogs.wsj.com/moneybeat/2014/07/08/abbvie-ups-bid-for-shire-as-inversion-premiums-keep-rising/

If the U.S. wants to keep corporations’ situs in the U.S., it is going to have to do something proactive with the corporate tax rate.  The cost/benefit analysis of lowering the corporate tax rate may compare the lost corporate tax amount versus the increased capital gains tax earned from shareholders who trade stock with a higher value due to companies that stayed in the U.S. and are more profitable due to a lower corporate tax.  The likely higher individual income taxes collected of employees that stay in the U.S. with the company that decided to stay in the U.S. will also have to be allocated to the benefit column of the comparison.  Studying Jersey, the U.K. dependency that corporations are looking toward, may also help our officials determine what could fill the U.S. revenue gap from lower corporate taxes.

What still rings true, though, is that change is inevitable, and one has to entice talent to keep it.