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Court Rules Joint Employers Share Wage Responsibilities
By: CareerCast.com
The Missouri Supreme Court on Tuesday ruled that joint employers each have an duty to ensure that workers are properly paid minimum wages and that one employer is not absolved from that duty in cases where the other is found to have illegally deducted wages. The court unanimously ruled that Starwood Hotel & Resorts Worldwide Inc. and its Westin Hotel Management LP unit have to ensure that housekeeper Andro Tolentino's is properly paid under Missouri's state minimum wage law. CONTINUE READING AT LAW360.COMmore
Will Law School Offering Rebate On Tuition Start A Trend?
By: CareerCast.com
One law school now comes with a money-back guarantee. Brooklyn Law School announced on Monday that it will refund 15% of tuition costs to any student who doesn’t find the job of their choice nine months after graduation, starting with the class of 2015. The tuition there is currently $43,237. “Our students invest a lot of time, effort and money earning their law degrees,” Brooklyn Law School president and dean Nicholas W. Allard said in a press release. “Some students need more time and support than others to find that all-important first job to start a worthwhile career.” READ MORE ... more
Tips To Help Your Mentor Help You Become A Partner
By: CareerCast.com
1. Use them for interview practice Every partnership admissions process is different. However most of them will involve an interview of some form or other. If you have been in a firm for a long time, when was the last time you had an interview? Could you be a little ‘out of practice’ with handling interview questions? There is a skill involved! As our client found it was incredibly helpful to have practice interviews with his sponsoring partner before he went into the interview. As a result he was literally word perfect when it came to the interview. CONTINUE READING ... more
Trending Up: Business And Finance Hiring Posting Gains
By: CareerCast.com
The final quarter of 2015 may be your time to find a new job in financial services or other avenues of business. Data released by the U.S. Bureau of Labor Statistics (BLS) reflecting July employment show a significant, upward trend for the financial sector. Hiring throughout 2015 has been robust, up 170,000 on the year, but the July gains were the most significant yet at 19,000 -- over 11% of the yearly total. The positive trend in finance directly ties to other sectors, most notably construction. Few sectors of the economy were hit as hard during the recession as construction, ... more
Contract Work For Outside Firms On The Rise
By: CareerCast.com
While a significant percentage of U.S. and European companies are keeping more legal work in-house, their reliance on outside counsel remains strong, according to a general counsel survey released Thursday. The need for outside legal support is being pushed in part by increases in the overall volume of disputes at major corporations, according to AlixPartners LLP's 2014 Litigation and Corporate Compliance Survey, as well as cross-border work in Europe. Forty-five percent of in-house departments reported their companies retained more work in-house between mid-2013 and June. CONTINUE READING AT LAW360more
Examining The Financial Future
By: CareerCast.com
The ways we make purchases and conduct our financial business are changing every day and will continue to change perpetually as technology evolves. To better understand some of the top fintech trends ahead, we sat down with Il Sun Yoo, director of data engineering at Capital One — a company long known for its data-driven pioneering moves in financial services. "At Capital One, we are focused on reimagining banking," says Il Sun Yoo, Capital One's director of data engineering. "We are innovating in a range of ways, incorporating design thinking for an empathetic customer-driven focus, leveraging big data to generate ... more
Cloud Computing Creates Opportunities For Consultants
By: CareerCast.com
You can get a sense of the cloud security complexity challenge in the Deloitte Cloud Computing Risk Intelligence Map. In its own survey of CISO’s IBM found 86% of those surveyed say their organizations are now moving to cloud and of those three-fourths see their cloud security budget increasing over the next 3-5 years. Does that spell opportunity for you? There is no doubt that better cloud security is needed. In a recent IBM CISO survey, 44% of security leaders said they expect a major cloud provider to suffer a significant security breach in the future; one that will drive ... more
The Importance of Mentoring on Business
By: CareerCast.com
While there are many drivers shaping tomorrow’s business leaders, one of the keys is having a good mentor. Protégés looking for careers in accounting/auditing need to have on their shopping lists to find the kind of career navigator to help them build their own path to success. Dr. Paul Schempp directs a research laboratory at the University of Georgia, where one of his primary areas of study is the correlation between experts and imparting expertise. Dr. Schempp shares his insight on the mentoring process and its role in the business world with Big 4. READ MORE AT BIG4.COMmore
The Value Of Networking
By: CareerCast.com
“Networking is the single most important factor in your ability to move up the ranks. Research has proven that you’re more likely to get a positive performance review, more likely to get a raise and even be retained in the event of layoffs by your company when you know how to network properly.” Alisa Cohn is an executive coach based in New York City who is clear about where she feels you need to concentrate your efforts to get ahead in your career. She stresses that circulating and networking helps to increase your reputation as a good person to work ... more
Tips For Establishing Business Partnership
By: CareerCast.com
Here are 3 simple ingredients that any cast-iron business case for partnership should include, even if you have no track record of selling from your career in industry. 1. Evidence of influence and persuasion skills Not having sold to people before doesn’t have to be a stumbling block. Finance Directors and VPs, amongst many other senior roles, are selling ideas and courses of action to people every day. Persuasion and influencing skills are invaluable in selling. A great business case for partner will include strong examples of these. In fact, using these skills successfully in your partnership business case will ... more