Insights

AI in the Legal Industry: Progress and Concern

By Allison Katz

The use of AI in the legal industry has emerged as a potential solution for managing routine tasks and optimizing workflows. Some legal professionals have begun exploring AI tools for document review, research and basic contract analysis, though adoption remains measured. We’ve all heard anecdotal news of someone using ChatGPT to submit a fully hallucinated…

Mastering the Human Capacity Planning Process in Project Management

By Ruby Castaneda

Human capacity planning, in the context of project management, is just like creating a grocery list before baking! It’s about ensuring you have all the necessary ingredients (in this case, team members and skillsets) ready when you need them. Let’s look into the capacity planning process and how project managers can use it to drive…

Strategic Gifting in 2025: Protecting Your Hospitality Business Legacy

By Allison Katz

As a hospitality industry business owner, it’s crucial to understand the importance of gifting in 2025. The current lifetime gifting exclusion is set to revert to pre-TCJA (Tax Cuts and Jobs Act) levels, which are significantly lower. Without an extension of the TCJA provisions from the White House, the extended lifetime giving maximums will sunset….

Withum Featured on Fox Rothschild’s The Presumption of Innocence Podcast Series

By Allison Katz

Jessica Hollobaugh, Partner and Market Leader, Forensics, Investigations, and White-Collar Criminal Defense, Jonathan Schnatz, Principal Forensics, Investigations, and White-Collar Criminal Defense, and Matthew Walsh, Partner and Market Leader, COVID-19 Financial Assistance Services were featured on Fox Rothschild’s Podcast Series: The Presumption of Innocence. Episode 1: The Anatomy of a PPP Fraud Investigation Episode 20: Pitfalls…

Revolutionizing Finance: The Role of Blockchain in the Financial Services Industry

By Allison Katz

With great power comes great responsibility: transparency, trust, and efficiency are the backbone of the financial services industry. Blockchain materialized as a game changer; while it was first exposed through Bitcoin, it goes deeper than cryptocurrency. It is expected to change the financial services industry forever, from smart contracts to cross-border payment transactions and tokenization….

The Benefits of Financial Due Diligence in M&A Transactions for Multi-Unit Franchise Operators

By Allison Katz

Mergers and acquisitions (M&A) involving multi-unit franchise operations requires a meticulous approach to ensure a successful transaction. Potential buyers will need to understand all facets of the business on an overall and individual location basis. Financial due diligence (FDD) is a critical component of this process, offering numerous benefits that can significantly impact the outcome….

Percentage Leases: Strategies for Retail and Franchise Success

By Allison Katz

The bustling corridors of an airport or a shopping mall present a lucrativeopportunity for franchises and retail companies to capitalize on foot traffic. This increase in sales opportunities can also factor into the company’s lease agreement with the commercial management company. A percentage lease may be required in these circumstances, which may present a new…

Case Study: A Not-for-Profit Enhances Organizational Sustainability Through Strategic Succession Planning

By Whitney Irish

Learn how a non-profit organization facing employee retirements optimized operations, mitigated risks and built a foundation for long-term success through a structured non-profit succession planning strategy. Case Brief The client faced the challenge of preparing for a wave of upcoming employee retirements and ensuring operational sustainability. Recognizing the critical need for proactive succession and sustainability…

Cybersecurity for Schools: Protecting K-12 Institutions from Rising Threats 

By Allison Katz

In recent years, cybersecurity for schools has become a critical concern as K-12 educational institutions have become prime targets for cybercriminals, leading to significant disruptions in educational services and compromising sensitive data. A recent report by the Center for Internet Security (CIS) reveals a concerning trend: 82% of K-12 schools experienced a cyber incident between…