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Peter Finn has two questions for you:”How long will this recession last & which sectors will be hurt? How do you feel about remote work versus in the office & are you going to insist people come in and, if so, how many days a week?” What would Peter say? “We saw a noticeable drop-off in May,” halving Finn Partners’ growth, a still frisky 23%.

More than 56 percent of U.S. public relations owners and leaders report their agencies are not experiencing a slowdown in client business and they don’t expect any prospective recession will impact their agency revenues or growth in 2023.

“If anybody had asked me three years ago if we could service our clients with everybody working remotely, pitch new business and win it by doing it over Zoom or hire new people and onboard  them without them coming to the office, I would have said, ‘Of course not!’ – b ut I would have been wrong,” FINN Partners’ CEO Peter Finn continued: “The world has changed for all of us.

In today’s competitive environment, integrated communications and digital firms are on the lookout for effective ways to attract, retain and incentivize their key employees.

Last year at this time, with the uncertainty of the COVID-19 pandemic, the deal-making environment for 2020 was unknown.

As we move closer to year end, the possibility of the sweeping tax law changes is becoming a greater reality. Below are some thoughts to consider, based on the draft bill released on Sept. 13 – all, some or none of which may be included in a final bill:

Year-end planning presents a perfect opportunity to refine Agency legal operations so they feel less
burdensome. Start with these strategies:

Lawyers say picking a jury is the most important part of a trial. I’ve always thought initial interviews were key to building an agency team.

The Employee Retention Credit (ERC), introduced in the CARES Act, is a refundable payroll tax credit available to qualifying businesses negatively impacted by the COVID-19 pandemic.

Many employers are under misconceptions about which employees are required by federal and state law to be paid overtime.