Electronically stored information (ESI) is a necessary fact of life in business. Technological advances have created staggering volumes of information. While essential, ESI’s sheer magnitude has exponentially increased the cost of commercial litigation. Today, responding to a discovery request can be in the millions of dollars if several years’ worth of archived … [Read more...] about Electronically Stored Information: The Business Litigation Boogeyman
Departments
Dispute Resolution: Alternative Options
With the increased costs of litigation, companies are looking for alternative methods of dispute resolution. Alternative dispute resolution (ADR) has become an attractive option for many companies looking to avoid the time and costs typically associated with litigation. Depending on the type of issues being faced, ADR can provide a more effective way of … [Read more...] about Dispute Resolution: Alternative Options
Around the State: October 2017
Nevada Department of Transportation Receives Additional Federal Funding The Nevada Department of Transportation has announced $21.6 in additional federal highway spending authority. The funds have been made available for Nevada road projects through redistribution of Federal Highway Administration fiscal year-end funds. The additional monies will help fund projects throughout … [Read more...] about Around the State: October 2017
Taxpayers Already Said “No” Once Before
Much like government entitlement programs, it seems there is nothing more permanent in this world than a newly-enacted tax. However, soon, Nevada taxpayers might have an opportunity to create an exception to this rule. The Commerce Tax — the state’s ill-advised tax on gross-receipts — might finally be brought before the voters. Currently, signatures are being gathered to … [Read more...] about Taxpayers Already Said “No” Once Before
Welcome to Nevada: October 2017
High Desert Truss & Lumber Erickson Companies recently announced the opening of a home framing manufacturing plant, High Desert Truss & Lumber, in Reno. A construction services provider, Erickson has been serving the Reno market from a California location. Increased activity in Reno’s housing sector has prompted the construction of the new facility. Once fully … [Read more...] about Welcome to Nevada: October 2017
Movers & Shakers: Dr. Charles Virden
Cosmetic & Reconstructive Plastic Surgeon Renovation (22 years in Nevada) Type of Business: Cosmetic & Reconstructive Plastic Surgery, Medical Spa Services, The Skin Clinic | Hails from: Whittier, California | 22 years with company in Nevada | Based in: Reno and Truckee How did you first get into your profession? I became passionate about my field after hearing … [Read more...] about Movers & Shakers: Dr. Charles Virden
Red Report: October 2017
E Sale, Office ADDRESS 1750 E. Sahara Ave., 89104 BUYER Laborers International Union North America, Local 872 (LIUNA, Inc.) SELLER Greater Las Vegas Association of Realtors (GLVAR) DETAILS 25,952 SF; $2,750,000 APN 162-02-812-001 BUYER’S REP Peter Guzman SELLER’S REP David Scherer and Michael Hsu of Newmark Knight Frank Lease, Industrial ADDRESS 2930 Marco St., … [Read more...] about Red Report: October 2017
Retail Summary: Second Quarter 2017
Southern Nevada After a small first quarter increase of 0.3 points from 10.5 percent vacancy in the Las Vegas retail market held firm at 10.8 percent in Q2. The Valley’s anchored retail market is generally stabilized, though there remains room for improvement. Some submarkets have fared better than others, such as the Northeast with a 5.8 percent vacancy rate. At the other end … [Read more...] about Retail Summary: Second Quarter 2017
Business Indicators: October 2017
The “advance” estimate for U.S. real gross domestic product (GDP) for the second quarter of 2017 grew at a 2.6 percent annualized rate. Real GDP for the first quarter was revised downward to a 1.2 percent pace. Residential investment exhibited the largest decrease among the real GDP components for the second quarter, while consumer spending and business investment rebounded … [Read more...] about Business Indicators: October 2017
Last Word: What Business Book Would You Recommend to Others?
“Now, Discover Your Strengths” by Marcus Buckingham & Donald O. Clifton, Ph.D. “It’s important to know who you are and what your strengths are as a business leader. This book helps develop that understanding so you can focus on building those skills while mitigating weaknesses.” Daniel Pearce | GM, Marvel’s Avengers S.T.A.T.I.O.N. at Treasure Island “Leadership: … [Read more...] about Last Word: What Business Book Would You Recommend to Others?
Stop Calling Higher Taxes a ‘Reform’: Property Taxes in Nevada
It’s not very often that a bad tax system actually benefits taxpayers — but that’s the case with Nevada’s property tax. Both policy experts and local governments have repeatedly called for reform to the state’s convoluted property tax structure — albeit for entirely different reasons. Many policy experts dislike the current system because it’s unnecessarily complex, and … [Read more...] about Stop Calling Higher Taxes a ‘Reform’: Property Taxes in Nevada
Welcome to Nevada: September 2017
The Anthem Companies, Inc. Anthem Companies, one of the largest publicly traded health benefit companies in the country, plans to establish a customer service facility in Las Vegas later this year. In order to serve clients in the Western part of the US, the company is leasing a 75,000 square-foot facility to house back office and customer support operations. This new location … [Read more...] about Welcome to Nevada: September 2017
Around the State: September 2017
NHL Practice Facility Named after City National Bank City National has been named the official bank for the Vegas Golden Knights National Hockey League team. The team’s practice facility has now been named the City National Arena and the bank will be brand identified at the T-Mobile arena where the Knights will play during the regular season. City Nationals mutli-year … [Read more...] about Around the State: September 2017
Boomers…… Is Your Retirement Income Tied up in the Business You Own?
Approximately 12 million baby boomers own small businesses in America. With the oldest members of the generation turning 71 this year, retirement concerns are frequently a primary focus amongst the generational group. Retirement for business owners is different than retirement for employees who work for companies owned by others. For example, boomers who have their … [Read more...] about Boomers…… Is Your Retirement Income Tied up in the Business You Own?
Movers & Shakers: Daniel Campbell
Founder and Principal Structural Engineer Las Vegas Engineers, LLC. (30 years in Nevada) Type of Business: Consulting Structural Engineers | Hails from: Kansas City, Kansas| 30 years with company in Nevada | Based in: Henderson How did you first get into your profession? My cousin Richard Campbell, who studied architecture at Kansas State University, recommended … [Read more...] about Movers & Shakers: Daniel Campbell