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Thursday, April 19 2018

Becker LLC continued its thought leadership by recently participating in both the Mid Atlantic Staffing Association’s Annual Conference and Tricom’s Industry Insider Webinar Series.

 

At MASA’s Annual Conference, Timothy Szuhaj, Co-Chair of the Firm’s Staffing Practice Group served as a panelist along with Kelly Uebel, General Counsel at Asurint, on the panel: “The Effects of Cannabis On Background Screening.” Further, Tim was joined by fellow
Staffing Group member, Brian Curtis, to produce and present the webinar “Policy
Considerations for Paid Time Off,” as part of Tricom’s important webinar series.  The complete webinar is accessible on Tricom’s website:
http://www.tricom.com/resources/education

 

“We are very pleased to continue to provide thought leadership within the Staffing Industry and to interact with other top industry professionals,” remarked Tim Szuhaj. 

 

Posted by: C. Lemon AT 11:23 am   |  Permalink   |  Email
Thursday, April 19 2018

Livingston, N.J., April 2018 – The Becker LLC team of Partner David Sprong and Michael Bartels, CDO proudly participated in the session entitled “The #MeToo Movement in Your Workplace” during the Massachusetts Staffing Association’s Annual Conference on April 3, 2018.  David and Michael were joined by fellow panelists: Ally McCabe from Hollister Staffing and Karen Erickson of the Massachusetts Commission Against Discrimination.  Their presentation was very well received and interactive, and this format encouraged all of those in attendance to express their views and share their experiences.   Read more...

Posted by: C. Lemon AT 08:34 am   |  Permalink   |  Email
Tuesday, April 10 2018

Becker LLC Partner Martin Borosko Speaks at the Massachusetts Staffing Association’s Annual Conference

 

Livingston, N.J., April 2018 – Martin Borosko, Becker LLC’s Managing Partner and Co-Chair of the Staffing Industry Client Group, proudly represented the firm at the Massachusetts Staffing Association’s annual event on April 3, 2018 speaking on the topic “Maximizing Value on Exit Strategy.”  Martin was joined by fellow panelists and industry partners Nick Florio from Citrin Cooperman and Dave Phillips from Childs Advisory Partners.  The session was well attended and very interactive, filled with questions from the members of the audience.  Read more...

 

 

Posted by: C. Lemon AT 02:00 pm   |  Permalink   |  Email
Thursday, January 25 2018

More American workers are testing positive for drugs than they have in the past 12 years, according to a recent study conducted by Quest Diagnostic.i Colorado and Washington, the first two states to “legalize” marijuana, have substantially surpassed the national average in this growing trend of positive drug test results for marijuana. In fact, Colorado saw an 11% increase and Washington saw a 9% increase in positive drug tests for marijuana as compared to just a 4% increase in the national average.

This trend is certainly impacting the Staffing Industry.  For example, a Washington State staffing company recently reported that candidate drug screening failures rose to 30% following the legalization of weed as compared to a 20% failure rate pre-legalization.  Read more...

Posted by: Timothy J. Szuhaj, Esq. AT 03:55 pm   |  Permalink   |  Email
Thursday, January 25 2018

And then Jeff Session spoke—more about that later….

Legal marijuana use is becoming increasingly widespread.  More than a quarter of Americans now live in areas which allow some form of legal cannabis for either medical or recreational use.  Legal marijuana is becoming big business. In 2016, retail sales in these states totaled more than $6.5 billion. According to Marijuana Business Daily's newest report, "Marijuana Business Factbook 2017," legal U.S. weed sales are expected to jump 30% in 2017, another 45% in 2018, and reach $17 billion by 2021. The five-year growth between 2016 and 2021 is projected at approximately 300%. 

Even as public acceptance of recreational marijuana use increases, the drug remains illegal under federal law.  Marijuana is a controlled substance by virtue of its listing as a DEA Schedule I drug.  This complicates matters for lenders seeking to fund activities related to the pot industry.  As long as marijuana remains a controlled substance, banks insured by the FDIC must disclose any transactions related to its sale to federal regulators. This could result in additional regulatory scrutiny for the bank or financial institution.  Accordingly, most of the largest banks in the U.S. have avoided any dealings with the legal cannabis industry.  Read more...

Posted by: Timothy J. Szuhaj, Esq. AT 03:48 pm   |  Permalink   |  Email
 

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