The NFIB found 64 percent reported paying higher insurance premiums per employee in 2013 than they did in 2012. The survey was conducted last summer. The results show the Affordable Care Act is not holding down health insurance costs, the NFIB said. “The law’s authors were primarily focused on increasing insurance coverage and expanding benefits ...
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Law
With a week to go, minimum wage hike advocates release new internet video
Last week, a coalition of state business groups released a new television spot featuring several Jersey Shore business owners who said the proposed hike would devastate them. In addition to the issues it takes with the measure tying future increases to the consumer price index, the coalition repeatedly has said that raising the wage could ...
Read More »Walmart CEO opines on minimum wage hike
What does the CEO of nation's top retailer think of next Tuesday's ballot proposal to increase the minimum wage in New Jersey?
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Law firm Archer Greiner breaks into lobbying business
The governmental and public affairs affiliate was formed to help clients with their strategic planning and to advocate for them at all levels of government, according to the firms’ senior executives. “Governmental and regulatory agencies affect people every day,” Archer & Greiner’s president, Christopher Gibson, said in a statement. “In an increasingly complex world of ...
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Licensing helps Figtree keep its software safe from imitators
Now, multiply that $8 million across the variety of software systems the company has developed over its 30 years in business, and add in the thousands of man hours it takes to write each individual program, and the value of Figtree’s intellectual property is clear, Rosenstein said. But the company doesn’t hold any patents — ...
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THOUGHTCRIME
Baker was so terrified someone would steal her idea — and with it, her potential revenue — that she refused to tell friends or even most of her family what she was working on. “I told only my sister, and I made her swear that she wouldn’t tell anybody,” recalled Baker, whose website, Aligned Signs, ...
Read More »Can’t support ballot question on minimum wage
It’s one of those bills that seems like it would be a good idea in theory, but in practice creates another headache for a business community that’s already in search of some Excedrin. We encourage business owners to vote no on the referendum. We’re sympathetic to the plight of those who don’t earn a sustainable ...
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QA Reflections on a changing industry after 50 years in law
This year marks their 50th anniversary at the firm. And while both are 75, neither plans on retiring any time soon. “We’re still kicking and still enjoying it,” Lert said. NJBIZ asked the two Wilentz partners to reflect on their half-century in the legal profession. What was it like to be a new lawyer starting ...
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Coutinho sentenced to probation following admission of theft, falsified records
According to an announcement from the attorney general’s office, Coutinho, 44, was sentenced to three years of probation by Superior Court Judge Gerald Council in Mercer County. He must also perform 50 hours of community service and repay tens of thousands of dollars he stole from the foundation.Coutinho pleaded guilty Sept. 12, one day after ...
Read More »DLA Piper moves out to Short Hills
According to the announcement, the firm moved into the class A office building at 51 JFK Parkway on Oct. 21. DLA Piper will occupy more than 21,000 square feet of office space on the first floor, and the lease also provides options that will allow the firm to expand occupancy within the building over time. ...
Read More »Myriad sues BioReference over patent infringement on cancer test
Salt Lake City-based Myriad filed a lawsuit in U.S. District Court in Utah, both companies said today. The dispute relates to the ongoing controversy over to what extent companies can claim patents on discoveries involving human genes. Myriad Genetics alleges that BioReference, through its genetic sequencing laboratory, GeneDx Inc., is infringing on Myriad intellectual property ...
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Borgata wins major victory on tax assessment in ruling that could be trouble for Atlantic City
Attorney A. Paul Genato, of Archer & Greiner, who is not involved in the case, said Atlantic City would likely appeal the decision. Attorneys for Atlantic City could not immediately be reached for comment. Genato said Atlantic City did a major, city-wide property revaluation in 2008, and “several of the casinos filed tax appeals, some ...
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