Month: March 2018
Fight or Flight: Explaining Minority Associate Attrition
Diversity has been a prominent problem in the legal profession. Law is among the least diverse professions in the nation. According to a survey conducted in 2016, racial minorities represent about 20% of all attorneys at law firms. The industry has seen efforts to incorporate minorities into law schools and law firms, including minority mentorship…
Mar 2018
Antitrust Scrutiny of Vertical Mergers Under the Trump Administration
The business world welcomed the Trump administration with open arms, believing it would usher in a new era of unprecedented growth by disposing of many of the barriers implemented during the Obama Administration, such as Net Neutrality. During his first week in office, President Trump signed Executive Order 13771, which requires federal agencies to cut…
Mar 2018
Christie v. NCAA and the Implications of Legal Sports Betting
In 1992, Congress passed the Professional and Amateur Sports Protection Act (“PAPSA”), prohibiting states from authorizing, licensing, regulating, and controlling sports betting. The Act grandfathered in states that had previously legalized sports betting – Nevada, Oregon, and Delaware – and offered an exemption to New Jersey if they enacted legislation within a year. The state…
Mar 2018
Who Gets the Big 199A Tax Loophole?
In December 2017, Congress signed the Tax Cuts and Jobs Act (TCJA) into law. It was largely unpopular for most Americans but has left some people and companies quite pleased—the ultra wealthy ones like the Koch Brothers and Pfizer. The TCJA has lowered the individual income tax from 39.6% to 37%, lowered the corporate income…
Mar 2018
Contract for Deed Sales Killing the American Dream
Contract for deed sales, also known as installment land contracts, is an alternative way to purchase a home. Like the traditional home loan, buyers make a down payment and promise to pay the purchase price in installments; they are also responsible for making (and paying for) any necessary repairs and insurance. The buyer takes possession…
Mar 2018