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Best Practices for Minimizing Financial Risk to Your Staffing Business

Best Practices for Minimizing Financial Risk to Your Staffing Business

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Summary:

Client financial distress can present significant challenges for staffing companies and can drastically affect your company’s bottom line. Join TRICOM for our January Industry Insider webinar series as Heather Ries and Diane Geller from Fox Rothschild share insightful analysis of the issues that staffing companies must address to minimize risk from client financial distress and what to do if a client files bankruptcy.

Attendees will learn:

  • How to minimize the impact of a client’s financial issues or bankruptcy
  • What happens to your contract with the client debtor
  • Who is responsible for staffed employees’ wages
  • Whether an outstanding invoice for staffed employees is entitled to priority payment in bankruptcy
  • What to do if you receive a demand from a bankruptcy trustee for return of payments received by your staffing company

About the presenters:

Diane J. Geller, Partner, Fox Rothschild LLP

Diane provides strategic general counsel services to a wide array of private and public companies. She has a particular focus on representing clients in the staffing industry. A former general counsel for a major public company in the staffing and funding industry, Geller is a seasoned practitioner who helps clients stay compliant with the everchanging federal and state regulations governing the workplace, as well as the daily challenges facing business owners.

Heather L. Ries, Partner, Fox Rothschild LLP

Heather is a trusted business adviser and seasoned litigator who has a deep understanding of employment and staffing law, as well as extensive experience assisting creditors in the bankruptcy courts. She has developed a robust practice that clients rely on for creative solutions, practical results, and zealous advocacy when disputes arise. Ries advises clients on a variety of business-related matters including transactions and employment-related issues that arise as a matter of operations.

About Fox Rothschild:

Fox Rothschild is a national law firm that delivers strategic and practical solutions for clients. We are innovative and entrepreneurial – a spirit that attracts some of the brightest legal talent from across the country.

Home to 950 attorneys nationwide, Fox offers a team of accomplished professionals who deliver high quality, industry-specific solutions to clients’ toughest challenges.

We understand today’s competitive business environment and take a value-driven, business-minded approach to the law. With more than 70 practice areas, we provide a broad range of legal services in order to meet our clients’ needs.

About TRICOM:

As a financial solutions provider to the staffing and consulting industry, it is our philosophy to be an active member in the staffing industry by staying abreast of the ever-changing market place. For that reason, TRICOM was pleased to launch the Industry Insider webinar series designed to share our expert knowledge and resources with our fellow staffing industry colleagues. One of our core values is to build relationships and become a leading resource to staffing and consulting firms nationwide.

 

Tags:

2023

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