Budding lawyers need business skills — here’s how law schools are responding

And…

New Wallet, our Startup of the Month, wants to organize your entire life; 10 year-end tax tips you need to consider now; be sure you’re not misclassifying your exempt employees; and how to put the pieces back together after an employee dispute.

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Alexandria Goff opened her own practice right out of law school. She specializes in estate planning, probate and equine law.

The Contemporary Counselor

Law schools are responding to the gap in entrepreneurial education that up-and-coming lawyers need

Traditionally, the path from law student to full-fledged lawyer has been fairly straight-forward: A student starts out with a summer internship at a law firm, graduates and passes the bar exam, then gets hired at a law firm. In a secure and supportive work environment, law graduates can make good money, meet professional mentors and learn the skills required to be a real lawyer. This is the standard route, the one most students embark on every year. But more graduates like Alexandria Goff are choosing to buck tradition in the name of independence.

Nov 10, 2015 Russell Nichols

Startup of the Month: New Wallet

Folsom startup creates 3-in-1 gadget for those on the go

Karen Crawford hasn’t carried a purse in three years. Instead, she uses a prototype wallet, which holds her driver’s license, credit cards, cash and a gym membership card, but also serves as an iPhone case and has a Bluetooth-enabled key tracker. As CEO of New Wallet a Folsom-based startup, Crawford led the development of this design after she couldn’t find a product on the market to meet her needs.

Nov 9, 2015 Russell Nichols
(Shutterstock)

10 Year-End Tax Strategies

Important tax legislation that becomes retroactive to the beginning of the year is often not finalized until late in the year. Obviously, this leaves very little wiggle room for tax planning. To get ahead in your preparations, there are things you can think about or do now, to avoid a rush come December.

Nov 9, 2015 Lauren Anderson
(Shutterstock)

Exempt Versus NonExempt: Why You Need to Know the Difference

Misclassifying could cost your business megabucks

You have 10 seconds to name the key differences that determine if an employee is exempt or nonexempt. Ready, set, go.​ Oh, you couldn’t do it? Color me surprised. Whether you’re an employer or an employee, not knowing the difference between the two is doing yourself a huge disservice, and, as an employer, can land you in some hot – scalding hot – water.

Nov 6, 2015 Frank  Radoslovich