Category: Legal Branding

Legal Branding

Basics Of Banking Allows To Create Lot More Through Loans Than Deposits

You may be surprised to know that loans can create a lot more funds for any economy than deposits. You may tend to think how a loan can create deposits when money lending is actually giving away money from the depositor’s accounts in the banks. Well, there is a lot of economics behind it. It is true that giving away new loans create a new liability for the banks but at the same time, it also creates new assets in a roundabout way for the banking systems. It is complicated and needs a deep insight into it to know about science and economics.

The fact is that when a bank makes a loan to a borrowing customer it simultaneously creates a new credit and a new liability for both the borrower as well as the bank. In this process, the borrower is usually credited with a deposit in the account. This, in turn, incurs the borrower with a liability for the amount borrowed from the bank.

The bank on the other hand now has a new asset which is equal to the amount of the loan given out to the borrower. This asset is equal to the liability of the deposit account.

Capital and reserve requirements

There are four separate entries made for such lending that signify an increase in the corresponding categories. These entries say that the assets and liabilities of the bank, as well as that of the borrower, have grown.

  • At this point, simultaneously two more different types of liabilities are created as well. There is a reserve requirement created as well as a capital requirement. However, these requirements are strikingly different from any standard financial liabilities because these are all regulatory liabilities.
  • The reserve requirement is created when the bank creates a deposit which is, in turn, an indicator of the bank’s liability and on the other hand a capital requirement is created when the loan is issued which is actually the asset of the bank. This is because the bank expects that it will get back the amount lent along with something extra in the form of interest.

To put it in simple terms, loans heal to create capital requirements but deposits create reserve requirements for the banks.

The lending principle

If you want to have a fair idea about the lending principle, you can visit the official websites of banks and other financial organizations such as https://www.libertylending.com/ or any other. Ideally, the working principles of banks are regulated by the government and are slightly different from the working principle of private money lenders or any non-banking financial companies. As per the rule, banks need to retain some amount of its deposits as a reserve and the percentage is regulated and revised by the government from time to time depending on the present economic scenario. There are a lot of technical requirements by the regulatory authority to calculate this reserve requirement percentage.

To keep the calculations simple, assume that the reserve requirement is 10 percent, which is much higher than the actual percentage. This means that the bank invites a reserve obligation of $10 for every $100 deposit that it takes on. Moreover, as loans create more deposits, it means that a loan of $100 will create a required reserve liability of $10.

The capital ratio

In order to find out how well a bank is capitalized, the government has formulated Tier One and Tier Two Capital ratio. This combined ratio also has complicated angles to measure the eventual capital requirements.

However, to keep the calculations simple and make it easy for you to understand, if the above rate and examples are followed, then the bank loan of $100 will once again give rise to a governing capital liability of $10 for both Tier One and Two Capital.

  • Taking all these things into consideration, you can now clearly understand that a $100 loan has created a $100 deposit which is actually a $100 asset for the bank in the form of a loan.
  • , On the other hand, it has also created a liability of $120 that includes the deposit as well as the requirements for reserves and capital.

The process explained

For a common person with limited knowledge of economics and finance, it might seem to be a bad deal for the bank. On the contrary and after a deeper look into the matter you will find that it is not so bad a deal after all.

  • Suppose that a bank starts off from the scratch and lends $100 to a borrower by crediting the deposit account of the borrower with $100.
  • The next step of the bank is to figure out immediately the effective ways to meet the two new liabilities hence created namely the capital requirement and reserve requirement.
  • The bank may have to sell shares to raise the required $10 capital or it may even retain earnings or raise equity-like debts.
  • However, the best way for the bank is to charge the borrower an origination fee of 10% to create earnings immediately.

The last option is practiced by different banks to help them settle their desired capital requirements with this $10 fee that can be kept as their retained earnings.

An extraordinary way to create deposits

Ideally, a person asking for $100 loan may be offered $90 or even $80 by the money lender depending on their business policy. It means that they instantaneously create a deposit of $10 or $20 as the case may be when they create a loan account of the borrower. It, therefore, corroborates the fact that loans create deposits.

This is actually extraordinary to meet the capital requirement by discounting and creating a deposit from its own loan. This is the own money creation power of the banks and the money lenders. The eventual effect of it is that it reduces the liability of the bank but does not reduce its asset.

Author Bio

Daniel Ng is a freelance writer who has been writing for various blogs. He has previously covered an extensive range of topics in her posts, including business debt consolidation, Finance, E-commerce, and start-ups.

Digital BrandingLegal Branding

How is Sitecore helping in putting the customers before products and sales?

Are you thinking of reinventing your customer engagement and reinstating your digital marketing approach? When you are competing with hundreds of reputed and popular brands online, you need to think beyond product quality. Any company that wants to retail online has to focus on their digital commerce architecture. It is nothing new, but it can be a ground-breaking concept for your sales. It can form the foundations of your online retail system.

All the online content a website has depends on its e-commerce architecture. Therefore, you must pick the right CMS to power your site. There can be several approaches to designing and maintaining an e-commerce site. That makes selecting one architecture among the many available ones challenging. The three most effective architectures include experience-led, commerce-led and API-oriented methods. What kind of architecture would you pick to power your digital retail platform?

Why should you revisit your site’s customer experience features?

Research shows that customer-experience oriented e-commerce architectures are most effective. However, the concept can be new to many. A digital experience platform (DXP) powers the customer-experience oriented architectures. It is important because this form of architecture can create a fully immersive experience for the visitors. It is the only way to amalgamate customer relationship with your brand. You might find the other experiences restricted since they do not share customer data sourced from the content marketing strategies, commerce, customer experience, CRM and ERP engines. It can create silos that do not communicate well with each other. Not paying enough attention to customer experience is a major faux pas that you should avoid at all cost.

In the case of a customer-experience first approach, the DXP feeds all the necessary data to the outside world. While using a DXP, you will enjoy several unique benefits that do not come with other forms of digital commerce architecture. The presence of a DXP enables fine control of the content and accurate content management. Coupling it with personalization can allow you to feed pertaining content to each user. In the event of introduction of new data, you can always set up an A/B test for testing the acceptance and effectiveness of the new content. In short, if you want to enhance your customer experience, adopting a customer-experienced led digital commerce architecture is the smartest way to go about it. It can offer rich experiences across multiple channels including desktops, mobiles, and the Internet of Things.

What makes Sitecore the best option for customer-experience first brands?

Here are a few benefits of leveraging the customer-experience led digital commerce architecture for your site –

It can provide a unified customer experience

Keeping customer data in silos can do no one any good. Your CRM should have access to that data. A DXP led platform like Sitecore can offer seamless and immersive customer experience to all your visitors irrespective of their location and product preferences. Accessing enough customer data in the form of their geo-location, and purchasing history allow the CRM engine to offer relevant products to your customers. Sitecore’s DXP oriented digital platform can extend personalized experienced on Android, iPhone, and other OSx. The CRM and CMS engines can source customer data across several channels including social media, email interactions and land-based POS interactions to perfect the digital marketing strategy of the brand.

Leveraging microservices for customer experience

While choosing customer-experience oriented digital commerce platforms, you need to find out how it interacts or utilizes the microservices. Microservices are 21st century’s answer to the legacy monolithic services. As their name suggests, the monolithic systems are uniform and huge. They can run several functions that share dependencies throughout the system. Since they are a single and massive system, managing it becomes costly as it grows in size. Adding new features and updates become challenging with each extra step. The primary cause of this difficulty is the tight coupling of the elements on the monolithic system.

As a result, the micro-services dependent architecture is becoming popular. They lack the unnecessary complexity of the monolithic systems. Microservices are self-regulating and easy to manage. Developers can create them by pulling each feature and function in independent subsystems. As a result, it is possible to make changes to one subsystem without upsetting the others residing on the same system. The user sees these microservices as one unified system, but in the background, these subsystems communicate via API calls. In the end, the microservice environment is more stable than monolithic systems due to the successful isolation of the subsystem elements.

Independent microservices make extension and addition easy

When working with microservices, the website developers can leverage the isolation of this architecture for extending each subsystem. It can reduce the amount of testing necessary to develop and run an e-commerce site. It allows the users to iterate quickly and accurately in significantly less time. It makes the digital commerce platform scalable and budget-friendly. It is a unique feature of Sitecore that allows the user to extend the platform and add new features to it without wasting time or energy. Any new trends and customer reactions can get the pertaining site-wide response or single page element response depending on the magnitude of the stimuli. The developer of the website can further streamline the extension of new features to customer experiences across several platforms. When using Sitecore, you can use the digital commerce platform for tracking customer behavior through print ad campaigns, social media strategies, email marketing methods, mobile app interactions, and non-core sites.

Sitecore experience is for everyone

While most of the benefits and information we have provided here are about B2C e-commerce, you can leverage a CMS like Sitecore to create powerful B2B websites as well. Working on customer experience naturally boosts the site’s SEO and helps the target audience find the site on Google search results. The commerce functionality of a B2C platform will differ significantly from a B2B platform, but the underlying digital architecture remains the same. Even with a B2B customer-experience led platform, the content will come via a DXP. However, it will depend on the site manager to fine-tune the e-commerce engine functions including repeat orders, organizational data, and varying pricing and shipping rules.

Digital BrandingLegal Branding

Social Media Marketing Advice To Ease Your Mental Health

Using social media in order to market your business may sound like a good idea, but sometimes, doing so can sap away your energy and lead to anxiety. If you find yourself anxious with a sense of dread before logging in, here are some of the ways that you can alleviate these feelings:

1. Take A Break

Though some online sources will have you believe that if you step away from your social media page your business will die, it’s simply not true! Only come back to social media marketing when you feel at ease doing so and can give it to you all. Sometimes, that feeling never comes, and that’s okay, too! There are other avenues in order to reach out to potential and existing clients. In the meantime, allow yourself to recharge by focusing on the more relaxing creative aspects of your business.

The fear of losing clients is real, but do keep in mind that the people who like you will follow you wherever you go. The people that were disinterested or casual dealing with your business were simply never serious in the first place!

2. Don’t Get Overwhelmed

One of the reasons that business owners dread the thought of posting online is simply because they have too many social media pages to create content for according to Chicago based psychologist Clarity Chi. However, one way to circumvent this problem is to become more selective and focus on one or two social media pages that you feel confident working with. For example, some business owners really like how concise Twitter is and it doesn’t need you to post photographs with every Tweet. You can let go of the pressures associated with running online social media accounts by channeling your energy into one or two pages. Most importantly, you can use this time to put more effort into building personal connections with clients.

3. Post Less With Quality Posts

Most business owners make the mistake of choosing to post several times a day in order to get better search engine rankings. Unfortunately, what everyone ignores is that making many posts in one day really just burns you out and in turn, your content quality will start to suffer. Only post when you have something informative to share with clients that they will find helpful.

Does your content matter? Take a moment to consider what you’re about to post, how it can help others, and whether it makes sense to let it go to the public domain. This type of self-reflection gives your content a much-needed boost. Build a network of solid friends equaling a few hundred versus a network of many friends. Numbers do cause undue stress and also make it hard to curate content in your feed that won’t cause depression.

4. Step Back For Creativity

Did you ever notice that the more time you spend online, the more doubtful and competitive you become? When searching through hundreds of feeds and pages a day, it’s only natural to feel like you’re not good enough compared to other people. Take a few days off and go back to the basics of your business. What is it that you love to do? Whether it’s web design or making pottery, get creative and lay the foundation for a better “you”!

5. Be True To Yourself

Authenticity is a word that we often hear, but it isn’t always applied to social media. When you post information online, you have to remember to be as honest as you reasonably can be. You create a persona when you post snippets of your life online, and you want people to connect with you, not just an entity. What causes the most anxiety when it comes to social media is putting up a fake front and acting differently from how you would normally act.

You can combat anxiety by deciding to be true to yourself as well as your brand while promoting your own personal values. Don’t forget that the pressure you put on yourself is the pressure that’s often reflected in your own social media posts.

Former CEO and co-founder of YouTube, Chad Hurley, described the feeling of pressure most people associate with social media the best. He explained that sometimes, you’re most effective when you ignore what others are doing. Many people copy the latest trends and jump on bandwagons without setting their own paths to success. The point is that you don’t need to mimic others when there are so many opportunities out there for you to individually shine.

Not everyone responds to pressure in the same way, but it’s clear that social media is not a one-size-fits-most solution to business marketing. Sometimes, we need to step back to really understand the role that social media plays in our business strategy development. Instead of choosing to follow the crowds, you need to evaluate how you want to proceed with your company’s marketing.

Legal Branding

Put Your Logo Everywhere

Getting your company recognized by your logo is definitely a way to draw up more business. People will come to know the logo and that will give them the opportunity to visit the business or go to the website online. In turn, many of these people will become customers that can make profits soar.

A Logo

A logo will be something specific to your company. You should have someone make one for you if you are not able to yourself. It should be clear and easily recognized. Your logo will give you brand recognition. People will come to know it, and you should put your logo on many different things. Many companies put them on their trucks or other vehicles. Equipment that is being used should also carry the company logo. Letterhead and envelopes are other places that logos should appear. Other great places for them are on coffee mugs and matchbook cases. T-shirts are another place that people notice logos, as well as hats and caps. Getting the most advertising out of your logo is a good idea. You will think of other things as you go forward in your business. Make sure that you also look around at other companies to see if they are doing other things that you can try. Make the most of it so that you can attract the business that you want.

Signs For Your Company

Having the right signage for your events is very important. It can make a difference in how much money you are able to bring in. When your company is planning an event, make sure that the signs are clear and concise. They should be in a bold color so that they can be seen from far away. They should also explain what your company does. For instance, if you are a company that deals with counseling, you will want to have the proper signage up so that people know this is what you do.

Having A Direct Mail Plan

As a company, be sure that you are also sending out brochures and flyers so that you can get the awareness of the people in the community. Make sure that the information is correct so that they will know how to reach you or visit your office. You want to convert these people into customers, so the brochures should be attractive too.

Have A Good Online Presence

Another great thing to do in order to increase business is to make sure that you have a good online presence. Have good, clear photographs and concise copy. Make sure that there are not any errors. You will want to make sure all of the links are working properly. Using good keywords will allow your website to be pulled up in the search engines more. That is what you want so that you can get the exposure that you need.

Sales And Promotions

Every company should consider sales and promotions from time to time. Customers like to save money and receive free gifts. This can bring in more business because they will tell their friends, relatives, co-workers, and neighbors about what is being offered. Many companies have increased their profits by doing these small things. Free delivery is another way they get noticed by prospective customers.

Charity Events

If you want to team up with a charity, this can create a lot of awareness for your company. Make sure that you put the information on your website, and if you are throwing an event, have plenty of refreshments so that people will want to come and contribute to the cause. Companies that do charity events, increase their profits just because they are helping the community. People appreciate the fact that a company cares to assist those that are less fortunate. They tend to give that company a lot of respect.

Knowing how to advertise can make the difference in whether a company survives or not. Make use of your logo. You want the public to become familiar with it. Remember the information above so that you can maximize your company’s potential in the days, months and years to come.

Legal Branding

Why Employers Should Drug Test Their Employees

Drug use in the United States has fluctuated over the years, yet one problem which still arises today is not having a work environment free of the dangers of substance abuse. The problem of drug use in the workplace is still a growing trend and many employers are standing up against the prevention of hiring and eliminating drug-using employees in the workplace through instant drug tests which can be a lifesaving asset for your business.  

The Importance of Drug Tests

OSHA (Occupational Safety and Health Administration) statistics show about 75 percent of the current illicit drug users in the United States 18 and older are employed – that is an estimated 10 million people. Statistics also show that on a daily basis, at least 42,000 Americans come to work under the influence or even getting ‘high’ while on the job. With marijuana being the most commonly used drug and being legalized for recreational use in many parts of the country, we anticipate the number of drug users in the workplace to only increase unless business owners stand up against hiring any drug user or by cleaning up their current list of employees by enforcing a drug testing procedure in their business plan. The burden of drugs in the workplace will get worse if the employers do not take the extra measurement to protect their businesses to screen new and current employees. It is already estimated that businesses lose approximately $100 billion each year alone from problems arise from hiring a drug user.

The burden and costs to business owners of hiring a drug user in the workforce include:

  • Higher missing work rates
  • Higher accident rates
  • Higher turnover
  • Less quality and productivity work

Keep the Workplace Safe One Employee at a Time

Drug use can impair one’s judgment, give slow reaction times and is just plain out dangerous and a liability nightmare for some business owners. For some businesses, it can be more of a liability to have a drug user as one of their employees, such as factory worker in charge of an assembly line or an employee who is driving on the job making errands or deliveries, can be disastrous in terms of liability and safety. By incorporating a drug screening plan, your employees are looking forward to staying drug-free and you are helping your business avoid those small mistakes which can cause an accident and lead to serious injury or even death. It’s important for employees to be fully cognizant while on the job and that’s why we’ve incorporated an instant drug screening device to help you and your business.

Employee Performance

Employees under the influence of drugs may struggle to stay on task, come in on time or even do the job right. At the end of the day your business will struggle should you be allowing employees who use drugs in your workforce. A common instant use drug test allows employers to target a strategy to exclude those employees who aren’t reaching their full potential due to illicit drug use, removing weak links and improving their company’s performance by eliminating the weak link. At the end of the day, it’s about your business and you need to protect your asset by only hiring viable workers who can show up on time, do the job as described and aren’t a liability for your company.

Turnover Rates

One of the more common issues is any small business is the amount of turnover rates. By prescreening your employees with an instant use drug test as part of a pre-employment procedure, you are opting in possibly saving your business thousands in extra labor costs in terms of the hiring process, training, and work placement. As big as a problem as turnover rates are for many small businesses, instant use of drug tests are a simple way to reduce the problem prior to any employment agreement between the possible employee and your company. 

A Drug Test Made for Your Business

There is no denying that workplace drug testing offers a careful way to establish the truth of someone’s drug use and as a protection, many business owners have opted in using drug test procedures to screen their new hires and current list of employees. In situations where the employee has a responsibility for the safety and/or welfare of others, and the employer has a responsibility to ensure the employees’ competence is viable for the job, is a strong argument for workplace drug tests to be carried out for both liability and productivity of the business.

However, if a workplace drug test procedure will be carried out, there are some basic ethical principles which need to be taken place to avoid any violation of the rights of the employee.

These include, but are not limited to:

  • Consent: Current and upcoming employees should know, ideally prior to taking the job, that drug abstinence is an expectation to fulfill the job at hand, and the workplace drug test is a planned occurrence in the business and mandatory requirement prior to being hired.
  • Confidentiality: People’s privacy must be respected, including whether workplace drug testing has taken place as well as the result.
  • Disability discrimination: An applicant or employee who is taking medication for a disability is protected by the Americans with Disabilities Act (ADA). Prescribed medications may turn up on drug tests, and some drugs that would otherwise be illegal (such as opiates) are legitimately prescribed for certain conditions of users with conditions which are prescribed by a doctor. If an applicant is turned down because of a positive drug test, and the applicant’s medication was legally prescribed for a disability, the company could be liable.
  • Repeat tests should be conducted when a workplace drug test is positive, and your employee should be given the opportunity to explain a positive drug test result to avoid possible discrimination or false positive test.
  • Provide resources on addiction counseling and/or rehab for those who are positive on a drug test.

Beyond the immediate financial impact of reduced quality, productivity, and strict liability caused by drug users in the workplace, there is also the long-term risk of losing market share due to a competitor or a loss in business reputation and credibility. With review sites such as Yelp, Google and Angie’s List to name a few, whatever happens even as a one-time occurrence may have a devastating effect on your business for years to come.

By taking the necessary step to protect your business today, you will reduce a great deal of risk by mandating a drug test on a regular occurrence in your HR department hiring process and current employee roaster. As an investment towards your business, the drug test itself is a minimal cost compared to employing a drug user.

 Article Resource Links:

Disclaimers

*Consult with your local state jurisdiction for further laws on state municipal codes regarding employee drug testing. This website or contents within are not listed as legal advice.

Digital BrandingLegal Branding

Reasons Why It Is Mandatory to Employ the Services of an Expert Graphic Designer

A professional graphic designer is an asset to any business. However, some business owners are unable to understand and appreciate that employing the services of an expert graphic designer would have a positive impact on their business and that they could achieve business success with their help. Many business owners are interested in cost cutting and they feel that using stock images, logo online creator and even charts, and graphs from Microsoft Excel are enough to create an impressive graphic design. This is definitely not true and is actually, an opinion of people who do not have any knowledge or idea about the responsibilities and role of a qualified graphic designer.

Understanding the Role of a Graphic Designer

A graphic designer plays a pivotal role in the success of your business. He is a professional who is known for creating and assembling pictures, motion graphics, or typography with the objective of boosting your business’s aesthetic appeal. They could help your brand to steal the show, make your brand appear really more polished and professional, and expose your products to brand new audiences. Here are some of the reasons why a professional graphic designer must be hired.

Getting Ready for the Future

Today’s restless young audience is increasingly suffering from attention deficit or consistently decreasing attention spans hence, marketing messages require being delivered fastest possible and visuals or images are the best possible way of doing that. With the mobile technology becoming more and more popular, the larger screens of laptops and desktops are losing their significance and modern audiences have no time to invest in reading your marketing messages. You have to realize that the future of all marketing campaigns is reliant on images and visuals. If you need professional graphic design solutions, then you may get in touch with Tayloright.com.

Moreover, wearable technology is no longer a work of fiction. Today this path breaking technology is prevalent and so screens are gradually getting smaller. In this present scenario, a graphic designer comes in handy. He would have sound knowledge to efficiently adapt digital marketing endeavors to diverse screen sizes. He would be playing a critical role as technology evolves. A graphic designer would be ensuring that all your infographics, images, videos, and visuals are of top quality and unique so that Google regards them as quality content.

Giving a Boost to Your Brand

For businesses that face stiff competition, it is essential to opt for top quality branding. They require standing out from the rest and so high-quality branding would be required. Your business logo, your website layout, and marketing materials, your chosen colors and fonts would be helpful in creating the first image or impression among the customers. Only a professionally qualified graphic designer could be manipulating these elements with expertise so that the customers are able to perceive you the way you actually are. A good graphic designer helps to create a robust brand. A strong brand would be a memorable one that would leave a long-lasting impact on the customers’ minds.  It would be building trust and getting positive referrals from happy customers. A weak brand would be forgotten in no time.

Saves a Lot of Time

A qualified graphic designer would be creating appropriate designs for your brochures, logo, or even PowerPoint templates. A graphic designer could create a design in almost a quarter of your time.

Conclusion: Makes You Stand Out of Competition

A graphic designer would be creating a distinctive brand that would be raising your business much above your competition. You must not initiate your business in the wrong direction. Consider making a lasting impression with the perfect logo and most appropriate marketing materials. Employ the services of a competent graphic designer right from the word go.

Author Bio:

Maria Jones is a graphic designer and a passionate blogger based in Boston. She is extremely familiar with the digital marketing scene, and also she recommends ace services such as Tayloright.com on her blog.

Legal Branding

What to Do Before Filing a Personal Injury Case

If it’s your first time getting a very serious personal injury that another party is liable for, you might be wondering what you should do to file a personal injury case. Here are the essential steps you should not forget before you file a personal injury claim.

1. Preserve all evidence

Having evidence of your injury will help strengthen the case so make sure to collect as much of it as you possibly can. File a police report and get copies of it to provide to your lawyer. Take photos of the accident, your injury, and the damaged property, if you still can. Gather copies of medical documents and treatment plans from your doctor.

Also, if you have any witnesses, get their information. In addition, you want to keep records of the income you lost due to missing work. It also helps to keep a written account of the injury while the memory is still fresh in your mind.

2. Get medical treatment and follow your doctor’s advice

The first thing you should do after getting into an accident is to go to a doctor. If you fail to do this, your claim could be drastically reduced. Then, make sure that you follow your doctor’s advice religiously. That means taking medication as prescribed and undergoing treatments and required tests.

If you neglect treatment, you could weaken the value of your case. The defendant’s lawyer will argue that because you only needed minimal treatment, you don’t deserve to get the settlement you’re asking for.

3. Get off social media

Or any public platform where your opponent can potentially find the information they can use against you. Defense attorneys of personal injury cases will scour the internet for any dirt they find proving that you may be exaggerating your symptoms. To be on the safe side, refrain from talking about your personal injury with anyone except your lawyer.

4. Get a good personal injury lawyer

The importance of getting a skilled lawyer cannot be overstated. It doesn’t matter how prepared you are. If your lawyer does not know how to present your case in court, you will get a poor settlement. Make sure to pick your legal representative wisely. You want one who is deeply involved with your case rather than someone who will just pass off your case to a junior associate.

One such firm that understands the importance of personalized service is The Sanders Law Firm. They have handled thousands of personal injury cases and are very well experienced in obtaining compensation their clients deserve. Whether the injury was acquired due to a car crash, defective product, or a dangerous workplace, their lawyers can help get the best outcome for you, especially when dealing with tough insurance companies.

5. Be prepared mentally

Filing a personal injury case is not as easy as showing medical receipts and walking away with your settlement money. Remember, insurance companies do not just pay out willingly. If you ask for a settlement, it is in their best interest to try to reduce the amount, if not, legitimize it. This can be frustrating and stressful on your part. Having a good lawyer around you can make things easier as they do all the heavy-lifting making sure that you win the case.

There’s quite a lot that you should do before filing a personal injury case, but you must remember, to not let it linger longer than you need to. Depending on the state you are living in, there is a certain window of time for when you can file a claim. Find out yours based on the state you are living in and make sure to perform all the steps above before the deadline.

Legal Branding

Drunk Driving – The Worst Way to Mix Business and Pleasure

Alcohol consumption is ingrained in contemporary business culture. Movies like the Wolf of Wall Street glamorize the idea of mixing business with booze. However, socializing after work can have devastating consequences.

Could a DWI End Your Career?

According to Tyler Flood, Criminal Defense Attorney, many professionals aren’t aware of the seriousness of a DWI.

High profile corporate positions require employees to be outwardly reputable. DWI convictions reflect negatively on organizations. For this reason, high-profile positions are only tenable by employees who can pass rigorous background checks.

How To Behave When Mixing Business With Booze

Socializing after work shouldn’t be avoided entirely. Employees who remove themselves from social events, risk the stigma of ‘not being team players.’ All that employees need to remember, is not to let their hair down completely.

Rules for Surviving Boozy Office Socials

Drunk driving convictions can jeopardize the employability of even entry-level workers. The first rule of socializing is, therefore, to always leave car keys at home.

Consider Participating without Drinking

Office socials are a fantastic way to better connect with colleagues. However, socializing doesn’t have to include alcohol. Instead, consider choosing soft drink alternatives. Doing so will often command respect from peers and higher-ups.

Keep Your Professional Cool – Even if You Don’t Want To

Crossed communication wires are the number one reason behind alcohol-fueled altercations. In office contexts, there will always be someone with opposing views to your own. In this case, remember to project the same professional persona you do at work, during even informal get-togethers.

Like it or Not, Your Boss is Watching

There is always someone at the office Christmas party who takes things too far. You never want to be that person. Employers, clients, and supervisors will pick up on poor etiquette. As far as they are concerned, you still represent your company, even when not officially on duty.

What to do When Things Go Wrong

When mixing business with booze, you need to be on your best professional behavior. Sadly, other people around you might not be.

  • If you see a colleague who seems to be testing their limits, politely pull them aside and advise that they call time on the evening
  • Never stand for behavior which would be considered inappropriate in the workplace
  • If you find yourself at a DWI checkpoint after an office social, follow the advice of Tyler Flood, Criminal Defense Attorney, and know your full rights

Drunk Driving and Roadside Sobriety Tests

Intoxilyzer breathalizers used by police aren’t 100% accurate. Also, when submitting to chemical blood tests, drivers have the right to have independent tests performed within 2-hours of the original.

Even if you are sure you are under safe driving limits, police tests may show false positives. In this case, always seek professional legal advice immediately after a DWI charge.

Legal Branding

Houston Drink Driving Penalties – Protecting Your Reputation

Drink driving penalties in Houston vary in accordance with the severity of offenses. Repeat DUI charges are felonies punishable by fines and jail time. Because penalties are severe, it is important to seek legal counsel from a Houston DWI lawyer, as soon as charges are brought forward

Surviving a DWI – Civil & Reputation Consequences

Drink driving penalties in Texas are some of the toughest in the United States. As for why this is, the reason is simple. In 2017, 944 DWI drivers in Texas resulted in 1,018 avoidable road deaths. Those killed in fatal crashes include passengers, other road users, and children.

Legal Advice for a First Drunk Driving Offense

There is a misconception that drink driving penalties for a first DWI offense are minor. In reality, nothing could be further from the truth. In Texas, even a first offense DWI can result in up to 180 days jail time.

Drink Driving Penalties in Brief

  • First DWI offenses are punishable by $2,000 fines, accompanying jail time and license suspensions
  • Where intoxicated drivers have a blood alcohol content (BAC) of 0.15, fines start at $4,000. Jail time is often mandatory, and future driving restrictions may apply
  • Drunk driving while accompanied in a vehicle by a minor is a felony. Penalties include $10,000 fines and up to 2-years state jail time.

Hiring a Houston DWI lawyer is Not Optional

When charged with drunk driving, you need to hire a Houston DWI lawyer. Without legal representation, the civil and financial consequences of a DWI charge can be devastating.

  • Suspended licenses and jail time result in employment becoming untenable
  • Fines and jail time can devastate families and family finances
  • Many individuals charged with drunk driving, don’t realize what they are up against until it is too late

How a Houston DWI Lawyer can Help

How a Houston DWI lawyer can fight DWI charges, is always case specific. Where arresting officers can’t prove probable cause, DWI charges can be reduced or quashed. When making arrests, Houston police also need to issue sobriety tests following strict guidelines.

A Houston DWI lawyer will check to see that proper procedures have been followed. Lawyers also review evidence of medical conditions which may result in sobriety test false positives.

Can Road Users Decline Police Sobriety Tests?

It is possible for Houston road users to refuse sobriety tests. However, in Texas, implied consent to testing applies to all road users. When drivers refuse to comply with sobriety tests, fines and driving bans are, therefore, applicable.

Roadside Sobriety Tests are Never 100% Accurate

Contrary to what many believe, police issued sobriety tests are rarely 100% accurate. Drink driving penalties can, therefore, be challenged by lawyers, even when evidence seems stacked against defendants. The most important thing for defendants to remember is that legal advice should be sought as soon as possible after DWI charges levied by police.

Legal Branding

Why ICOs Need to Invest in Professional Legal Advice

Startups planning an initial coin offering, need to start investing in professional legal advice. As well as ICO regulation, startups planning an initial coin offering need to be aware of their full tax reporting requirements.

Legal counsel can help legitimize ICOs and increase fundraising success rates. Here’s how:

Tax Law & Legislation – What Do ICOs Need to Know?

Over the past five years, ICOs have transformed the startup business landscape. By using an initial coin offering to raise capital, startups free themselves from having to pitch ideas to conventional lenders. However, ICOs are coming under ever closer scrutiny by regulators.

Legal Challenges Faced by ICOs

There is a misconception that setting up an initial coin offering is easy. In the United States, there are no laws which explicitly ban ICOs. However, as cited by the likes of the ICO Law Group, ICOs are required to comply with U.S. Securities Law.

“It is generally unlawful to raise capital in exchange for your coins or tokens unless you comply with U.S. Securities Law.”

Why Stricter ICO Regulation is a Good Thing

In theory, anyone can set up an initial coin offering. However, as recently cited by Vitalik Buterin, the gold rush days of the cryptocurrency market are over.

“The blockchain space is getting to the point where there’s a ceiling in sight. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”

As for why growth in the crypto space is slowing, the reason is simple.

In 2017, fewer than 20% of ICOs returned profits to investors. Some startups failed to use raised capital responsibly. Others were outright scams. As a result, all new ICOs are expected to register with the IRS just like regular startups. Much more importantly, if ICO coins can be considered securities, ICOs must register with the U.S. Securities and Exchange Commission.

Do You Need a Professional Business Attorney?

Does registering as a business seem like too much hassle? If so, you shouldn’t be running an initial coin offering.

When ICOs fail, they do so due to a lack of basic business acumen. Selling ERC20 tokens is easy. Putting funds to work and setting up a successful business, is an entirely different skillset. The good news, though, is that a professional business attorney can help.

  • Hiring a business attorney can help ICOs identify the best structure for their business
  • A business attorney can help startups get to grips with their true cryptocurrency tax reporting requirements
  • ICO specific legal advice can increase fundraising success rates by lending legitimacy to projects

ICO Laws Still Vary State to State

When setting up an initial coin offering, it is important to remember that ICO laws and regulations aren’t universal. Some U.S. States require a special license when engaging in altcoin activities. Others require startups to hold equivocal fiat cash deposits when issuing ERC20 tokens.

Penalties for Non-Compliance

To date, several individuals have been incarcerated in the United States. Specifically, for non-compliance with cryptocurrency specific anti-money laundering laws.

In May, 24-year old Eldon Stone Ross from Pensylvania found himself jailed for selling cryptocurrency without necessary licensing. Moreover, anyone identifiable as operating an ‘illegal money transmission business,’ is liable for prosecution.

Does the Term Illegal Money Transmission Business Apply to ICOs?

Anyone who raises funds via an initial coin offering without proper licensing can be charged under different State anti-money laundering laws. This being the case, never risk launching an initial coin offering, before understanding your full regulatory responsibilities. Moreover, when in doubt, always make sure to seek out ICO specific legal advise from groups like the aforementioned ICO Law Group.