Economy Surges in Q2 With GDP Growth Revised up to 3.7%

U.S. gross domestic product – the strongest measure of economic growth – expanded at a seasonally adjusted annual rate of 3.7 percent in the second quarter, more than the 2.3 percent originally estimated, the Commerce Department said Thursday. Read more here.

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New Webinar! “Taking & Defending a Deposition”

Series: Newbie Litigator School

This webinar will highlight tips and tools of the trade when taking and defending a deposition. New litigators will gain insight from litigation experts how to effectively participate in a deposition. Read more here.

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New Webinar! “Evidence Rule Refresher”

Series: Newbie Litigator School

You have the evidence that you need to prove your case. Now, how do you get it admitted? Our panel will explore evidentiary foundations related to authentication of records, competency and credibility of witnesses, hearsay rules and exceptions, privilege issues, and opinion evidence. We’ll also discuss how motions in limine can help to keep evidence in or out and streamline your trial. Read more here.

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New Webinar! “Negotiating with Potential Hires”

Series: The Start-Up Guide 2015

A great start-up needs great people. How can you help your start-up client attract and retain great people? And should these people be employees or independent contractors? Should they be offered equity as an incentive and, if so, how should that be structured? Attend this webinar to learn the answers. Read more here.

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New Webinar! “Discovery Practice”

Series: Newbie Litigator School

How do I get the information that I need to prove my case? This session will dive into discovery methods and procedures. We will get into the nitty-gritty on the timing and procedures for the initial required disclosures. We’ll discuss the use of interrogatories, document requests and requests to admit. There will be an explanation of the importance and potential cost of electronic discovery. And we’ll explore how to limit the overly-broad discovery requests you are sure to get from opposing counsel. Read more here.

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Demo Days, Venture Fairs Don’t Necessarily Constitute General Solicitation

On August 6, 2015, the SEC issued new Compliance and Disclosure Interpretations (CDIs) that clarify the conditions under which “pitch events,” such as demo days and venture fairs, would not be considered general solicitation. Read more here.

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U.S. to See Estimated $70 Billion in Venture Capital Funding In 2015

The U.S. hit a record $56.4B in venture capital spending last year and is on track to break $70B in VC activity by the end of 2015, with Internet companies claiming the lion’s share of the funds. With $36.9B already invested in the first half of the year, the final total of money spent by VCs in 2015 could mark a five-year high for the U.S., according to a new KPMG report. Read more here.

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Citigroup Affiliates to Pay $180 Million to Settle Hedge Fund Fraud Charges

Two Citigroup affiliates have agreed to pay nearly $180 million to settle charges they defrauded investors in two hedge funds that collapsed during the financial crisis by claiming they were safe, low-risk investments, the Securities and Exchange Commission said Monday. Read more here.

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U.S. Department of Labor Reigns In Independent Contractor Misclassification

On July 15, 2015, David Weil, Administrator for the United States Department of Labor, Wage and Hour Division, issued an “Administrator’s Interpretation” regarding independent contractor misclassification—essentially firing a warning shot at the armada of rising independent-contractor-model  businesses navigating the current markets. Read more here.

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3 Categories of Startup Growth Potential

If return on investment is your primary reason for angel investing, then you should assess a company’s long-term growth potential before buying its shares. Invest only in companies with high growth potential, among other positive characteristics such as strong management teams and revenue forecasts. Read more here.

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