Brian Wagner of Mateer Harbert, P.A.
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An Inspiring Thought for the Week
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"
In the midst of every crisis, lies great opportunity.
"
- Albert Einstein -
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We all find ourselves in the midst of a global pandemic, the likes of which the world has not seen in some time. The loss of human life has been staggering, and trade and commerce have been affected in ways we could not imagine.
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Please
click here
to view a larger version of the graph.
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The Primerus Optimistic Index
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Primerus is moving up from a 3.5 to a 4.0 on the optimistic scale. Two factors are encouraging:
1. The stock market is holding steady after its long climb from the crash in March.
2. The U.S. administration appears to be finally coming around in support of the mask wearing and social distancing guidelines as our only weapon to defeat this virus at this time.
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How Optimistic Are You?
Share with us your feelings.
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Recently my father began teaching my son how to forge his own knives; a hobby that my dad picked up sometime after I left his regular tutelage. I really enjoy watching them work together and seeing my dad patiently and carefully teach my son the precision skill of forging.
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The Benefits of Participating in Practice Groups
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Primerus practice groups offer a great way to get involved for everyone at a firm – no matter the attorney’s age or status at the firm. Below is an overview of what the practice groups are and how you can benefit from participating.
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August 4th -
Privacy Shield Ruled Invalid by CJEU in
Schrems II:
Where do we go from here?
- The Court of Justice of the European Union, on July 16, invalidated the EU-US Privacy Shield Framework as a mechanism for transferring personal data from the EU to the United States, a decision that greatly impacts over 5,000 entities that relied on Privacy Shield for transfers of personal data from the European Union.
- The decision potentially impacts over $7 billion in Transatlantic trade.
- This webinar will analyze the legal and business impacts of the Court’s decision, including the Court’s skeptical discussion of Standard Contractual Clauses as an alternate method of data transfer, and the practical implications and recommended next steps for organizations that are registered with the Privacy Shield Framework or work with business partners or vendors who transfer data under the Framework.
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August 6th - An Accountant and a Lawyer Were Laying on a Beach...
There has never been a time in recent history like the present where accountants and lawyers are required to collaborate on behalf of their mutual clients. Who would have predicted that 2020 would bring a global pandemic, an ensuing great depression, trillions of dollars in stimulus money entering the economy and race riots / social unrest? At BDO, we have seen firsthand how our clients are re-thinking their business models by reacting, becoming resilient and realizing the new normal. BDO has helped its clients Re-think today’s business environment including helping our clients with COVID related insurance claim and filing for PPP loans to transitioning to work from home via state of the art digital solutions, cyber protection and enhanced risk assessments. We have been delivering in lock-step with our client’s Counsel. With a focus on insurance, BDO’s forensic accounting practice will highlight three areas that complement our client’s legal teams service offering and are growing in today’s new world environment:
- Property / Cyber / Business Interruption Claims - from civil unrest to ransomware attacks, BDO’s Forensic Insurance & Recovery Practice will review the common valuation issues, common areas of dispute and emerging trends.
- Fidelity / Employee Dishonesty Claims - the fraud triangle is commonly referred to as Pressure, Opportunity and Rationalization as the three components of fraud. The last 4 months have seen a significant increase in both Pressure and Opportunity as employees have faced job/pay cuts and the workforce has mostly transitioned to work-at-home.
- Reps & Warranties Insurance Claims - while deals have slowed, we are seeing a lot of restructuring activity that, we believe, will lead to combinations and mergers. We expect to see COVID being used as a crutch in explaining a lot of performance issues going forward. This heightens the challenges for due diligence teams and our R&W accounting experts will explain how these insurance policies are bring value to the deal.
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August 11th -
Remote Proceedings: Preparation, Tools, and Tactics
Working remotely is the new normal, but what does it take to continue to litigate in this digital world? This webinar will provide best practices and key considerations for preparing for your virtual proceeding, demonstrations in remote and exhibit sharing tools, discussions on how to keep your remote proceeding secure, and more!
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August 13th -
All right Mr. DeMille, I'm Ready for my close-up!
What Trial Lawyers Need to Know to Make the Transition to Online Trials
Trial courts are reopening, and some civil jury trials have started. Trial judges are experimenting with the use of online technologies and conducting voir dire using online video services and video conferencing witnesses. In Alameda County, California two personal injury asbestos trials are under way. In-person trials may become a thing of the past and trial lawyers will be faced with the challenges of communicating with jurors remotely and dealing with witnesses who may not be physically present in the courtroom. This webinar will present an overview of how some courts are using remote technology in civil trials, the legal challenges being made and what lawyers should know about adapting to these inevitable changes. Richard Gabriel is a nationally known trial consultant who is currently spearheading The Online Courtroom Project that includes a prestigious group of trial consultants, retired judges and trial attorneys to study the use of remote technologies in trial, litigation and ADR. The Online Courtroom Project has conducted and reported on the results of a complete online demonstration trial. John Brydon is an attorney with over 40 years of trial experience and is monitoring two California civil jury trials currently using remote technologies to try preference asbestos personal injury cases. Remote trials are a reality. Trial lawyers and their firms need to adapt to these changes or else face the harsh reality of being left behind.
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Click here
for a full list of upcoming Primerus Webinars and recordings to past webinars!
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Morning Coffee with Friends
Join us next week for Coffee and Conversation. In order to keep the conversation manageable, we must limit it to 15 attendees so that everyone can participate. We will do this on a first come basis. If you cannot do it this week, then please put your name in for a future “Coffee and Conversation.”
Monday, July 27th - 10:00 AM EDT/2:00 PM GMT
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Primerus Recommends:
TV Shows:
- Anthony Bourdain: Parts Unknown
- The Office
- Diners, Drive-Ins and Dives
Documentaries:
- John Lewis: Good Trouble
- Free Solo
- 13th
Games:
For the Kids:
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We are here to serve you, our readers. Share your thoughts, likes and dislikes, and suggestions with us.
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