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Monday, January 21, 2019 @ 11:57 AM

Why we should stop obsessing about aligning compensation with strategy womanclimbingstairs.jpg

You’re wrong if you think your compensation structure — with all all its carrots and sticks — is your most effective strategic tool. Compensation is a blunt and rudimentary tool, like the wheel. ... [read more]

Monday, January 21, 2019 @ 9:36 AM

More normalization adjustments when valuing a privately held corporation business_history_sm

As discussed in Part 1 of this series, the historic operating results of a company can sometimes be used to value a privately held business. In such circumstances, a Chartered Business Valuator (CBV) may need to make a number of “normalization adjustments” to the company’s historic operating results to eliminate one-time or non-recurring items, or to restate revenues and expenses to “arm’s length” fair market value amounts. ... [read more]

Monday, January 21, 2019 @ 9:14 AM

Charities need to tread carefully through new political activity rules charitable_donation_sm

Imagine a situation where you are consulted by a charitable organization, or even a charitable foundation, that is working to find a cure for a particular genetic disease. That charity now asks you to submit on its behalf a request to the Canada Revenue Agency for permission to carry out additional research to support a change to provincial health care rules so that new experimental medical care for that disease would be covered by provincial health care plans. ... [read more]

Thursday, January 17, 2019 @ 11:19 AM

Significant changes to Quebec labour laws Quebec flag

As of Jan. 1, 2019, by way of amendments to the Labour Standards Act of Quebec, new rules came into force which are of significant interest to Quebec employers. The following is a summary of some of the more important modifications. ... [read more]

Wednesday, January 16, 2019 @ 9:14 AM

U.S. decision on sales tax a big deal for Canadian companies american_salestax_sm

In what may be a game changer for Canadian companies, on June 21, 2018, the Supreme Court of the United States issued its ruling on South Dakota v. Wayfair, Inc., 585 U.S., overturning decades of previous court precedence. In Wayfair, the Supreme Court confirmed that physical nexus is no longer required for a state to enforce sales tax collection. Instead, the concept of economic nexus was to be considered as a reasonable basis. ... [read more]

Tuesday, January 15, 2019 @ 8:42 AM

Collaboration among siloed specialists boosted by knowledge management knowledge_management_sm

The need for greater value continues to evolve within the legal industry, and increasingly, in-house legal departments are working with firms that focus on client experience. Knowledge Management (KM) professionals are providing innovative solutions to contribute to the overall client experience and are leveraging technology to do it. ... [read more]

Monday, January 14, 2019 @ 11:33 AM

Online gaming industry needs more ‘privacy by design’ virtual_game_sm

The world of video games has undergone a massive transformation. As online gaming continues to thrive, the industry must earn the trust of its consumers to maintain its success. This is the second of a two-part series ... [read more]

Monday, January 14, 2019 @ 8:55 AM

In-house counsel relying on expert help to run departments Warren Bongard

Legal departments south of the border are evolving to meet changing expectations from senior management, and that evolution includes reaching out for a helping hand to ensure legal departments are run like business units, according to the 2018 Chief Legal Officer Survey from legal consultants Altman Weil. The trend is not unique to the United States, however, legal experts from Canada told The Lawyer’s Daily. ... [read more]

Friday, January 11, 2019 @ 9:35 AM

Feds toughen, expand list of integrity regime offences | Julius Melnitzer

The federal government’s changes to the integrity regime, which came into force on Jan. 1, 2019 to help ensure it does business with ethical suppliers in Canada and abroad, could well be a wake-up call for business. ... [read more]

Wednesday, January 09, 2019 @ 8:59 AM

Hi-Tech: Legal translation technology a matter of trust | Luigi Benetton

Companies that file documents with the System for Electronic Document Analysis and Retrieval (SEDAR) often need to ensure they are in both of Canada’s official languages. Document translation is expensive. Can businesses avoid this expense? After all, it’s 2019. Free translation services abound online. ... [read more]