INDUSTRY INSIGHTS YOUR PEERS ARE READING
The law practice management system Credenza is shutting down, according to a notice on its website. The post Practice Management Software ‘Credenza’ Shutting Down appeared first on Robert Ambrogi's LawSites. General practice management“Credenza has reached end-of-life,” says the notice. “Effective 60 days after your August 2016 renewal date, Credenza will no longer be offered or supported.” MORE
This weeks topic deals with artist management agreements. Commission Base : Artists will want to make the “Commission Base” as close to a net number as possible, the managers will want to have it be some form of modified gross. Term : Most managers do not like to have less than a five year term, but younger managers should expect to see that period broken down into a couple of options, usually performance based options. Good managers do not want to touch the money. MORE
Billboard reports that Spotify’s latest and greatest is paying a minimum guarantee (aka an advance against royalties) for direct deals for artists: Under the terms of some of the deals, management firms can receive several hundred thousand dollars as an advance fee for agreeing to license a certain number of tracks by their independent acts directly to Spotify. Both these points are usually the subject of some agita in the negotiation of management agreements. MORE
Firm Manager, the cloud-based practice management platform from LexisNexis, today introduced a new two-tiered subscription model and new features to go along with the new pricing. Starting today, Firm Manager is offering two subscription prices: The Starter plan, at $29 per user per month, which includes case management, calendar syncing with Google Calendar and Microsoft […]. General Firm Manager LexisNexis MORE
Klenord Raphael, known as "Shaft," alleges being shafted in $10 million lawsuit. read more. THR, Esq. Business Music Business THR Online MORE
This weeks topic deals with artist management agreements. Commission Base : Artists will want to make the “Commission Base” as close to a net number as possible, the managers will want to have it be some form of modified gross. Term : Most managers do not like to have less than a five year term, but younger managers should expect to see that period broken down into a couple of options, usually performance based options. Good managers do not want to touch the money. MORE
The cloud law practice management company PracticePanther is announcing today that it has named Soumya Nettimi as its chief executive officer. This is the second major news development this week involving a practice management company. Since then, she has worked in a number of management roles, most recently as a senior product leader at Amazon Web Services. In just a few years, the team at PracticePanther built the leading solution in legal practice management software. MORE
The suit comes after sources close to the comics legend expressed concerns about elder abuse. read more. THR, Esq. Heat Vision Movies Movies THR Online Stan Lee MORE
The cloud-based law practice management platform Clio has raised its monthly subscription price by 47 percent, from $49 per attorney to $72 per attorney. Previously, attorneys could add support staff for $24 […] The post Clio Raises the Price of its Practice Management Platform appeared first on Robert Ambrogi's LawSites. General practice management MORE
Choosing a Law Practice Management System from Robert Ambrogi. The post Choosing A Law Practice Management System appeared first on Robert Ambrogi's LawSites. General practice managementBelow is the presentation I gave last week at Above the Law’s Academy for Private Practice in Philadelphia. MORE
About a month away from a trial that would have captivated the entertainment industry, Johnny Depp has settled his blockbuster lawsuit against his former business managers. MORE
The National Conference of Personal Managers is suing the State of California, Governor Edmund G. Although he suit was dismissed by the District Court in March of this year, the Managers have now filed their appeal in the 9th Circuit, alleging the District Judge's ruling was in error and an abuse of discretion. The Managers are represented in the appeal by a dream team of constitutional scholars, led by Stephen Rohde, Ryan Fowler, Christopher Good and Bill Ferguson. MORE
In a move that signals a new strategy for Needles, a company that provides case-management software for plaintiff-focused law firms, its owners have named a new leader to take charge of the brand and oversee the launch of its cloud version. MORE
This weeks topic deals with artist management agreements. Commission Base : Artists will want to make the “Commission Base” as close to a net number as possible, the managers will want to have it be some form of modified gross. Term : Most managers do not like to have less than a five year term, but younger managers should expect to see that period broken down into a couple of options, usually performance based options. Good managers do not want to touch the money. MORE
There is major acquisition news today involving practice management technology. Software Technology LLC, developer of Tabs3 Software , a leading desktop law practice management program, has acquired CosmoLex , one of the leading cloud-based practice management platforms. MORE
Johnny Depp blames being broke on his former financial advisers, while Alanis Morissette's ex-business manager is behind bars. Business Business THR Weekly Magazine Power Business Managers MORE
I reported here yesterday that the MyCase practice management platform had added foldering to its document management capabilities. As it turns out, another practice management platform, LexisNexis Firm Manager, also rolled out foldering yesterday. Firm Manager now allows users to create folders and subfolders and to move folders from one folder to another. The post Firm Manager Also Adds Foldering for Documents appeared first on Robert Ambrogi's LawSites. MORE
42 The good news about law practice management software is that recent years have brought a variety of systems to the market. The post Lawyerist Launches Directory of Law Practice Management Platforms appeared first on Robert Ambrogi's LawSites. General practice managementThe bad news is that choosing one can be daunting. Their features and pricing rarely line up in a way that enables apples-to-apples comparisons. MORE
The hip-hop star alleges Klenord Raphael, known as "Shaft," breached contractual and fiduciary duties. read more. THR, Esq. Music Music THR Online MORE
The actress is the latest star to say the people she trusted to manage her money led her to financial ruin. read more. THR, Esq. Business Business THR Online MORE
In case you think the market for practice management software isn’t already crowded enough, you will soon have another choice. In May, Citrix will launch ShareFile Legal, a practice management platform that will be tightly integrated with the company’s file storage and sharing platform, Citrix ShareFile. The post Citrix Will Soon Launch Its Own Law Practice Management Platform appeared first on Robert Ambrogi's LawSites. General practice management MORE
TRANSCRIPT: What can you do if you think your agent or manager is scamming you? VIDEO: [link]. Hi, I'm attorney Gordon Firemark, and this is Asked and Answered, where I answer your entertainment law questions, to help you take your career and business to the next level. MORE
Depp fired The Management Group in 2016 and his new business manager discovered serious misconduct, according to the suit. read more. THR, Esq. The Business Business THR Online MORE
Recently, I wrote about announcements ( here and here ) from two cloud-based practice management applications, Rocket Matter and Clio , that they had added document assembly to their menus of features. General practice management MORE
"[T]he only consistency at Fox is the abhorrent, intolerable, unlawful and hostile racial discrimination that was inflicted on minority employees that appears more akin to Plantation-style management than a modern-day work environment," states one of the suits. MORE
Last August, I moderated a CLE webcast, “The Expert’s Guide to Change Management at Law Firms,” presented by the North Carolina Bar Association and LexisNexis Firm Manager. product manager for LexisNexis Firm Manager. MORE
The singer claims her ex-business manager stole, lied and convinced her to turn down performance opportunities. read more. THR, Esq. Music Music THR Online MORE
I don’t know that this “management by walking around press releases” is happening at Pandora, but would you be shocked if it were If you recall the Dot Bomb Bubble, you’ll remember what sometimes happens to newly-public companies. It’s the press release syndrome. MORE
announced the release of a preview version of a new document management and collaboration platform designed for law firms and legal departments. The post Microsoft Launches Document Management System for Legal appeared first on Robert Ambrogi's LawSites. MORE
LexisNexis is discontinuing sales and suspending development of its Firm Manager practice management platform. The post Breaking: LexisNexis to Discontinue Sales of Its Firm Manager Practice Management Platform appeared first on Robert Ambrogi's LawSites. General Firm Manager LexisNexis practice managementThe company sent an email yesterday to consultants and others in its partner network notifying them of the news. MORE
Michelle L. Dancy was charged in a nine-count indictment. read more. THR, Esq. The Business Business THR Online SAG SAG-AFTRA Labor MORE
That’s why practice management tools were invented. […]. The post [Sponsored] Finally, an All-in-One Practice Management Tool Designed Specifically for Lawyers appeared first on Robert Ambrogi's LawSites. Above the Law General Sponsored Legal Practice Management Software Legal Tech practice management Product Review Small Law Firms Solo Practitioners Sponsored Content Stephanie Wilkins Technology Zola Media Zola SuiteIn the practice of law, time is money. MORE
These expenditures were revealed in The Managment Group's second amended cross-complaint against the actor. read more. THR, Esq. Movies Movies THR Online MORE
The cloud-based practice management application MyCase has added a foldering feature to make it easier for its users to manage their documents, it announced today. The post MyCase Adds Foldering to Enhance Document Management appeared first on Robert Ambrogi's LawSites. General MyCase practice management MORE
Most document management systems have a problem, and that problem is that they are a bother to use. The post Metajure Takes A User-Friendly Approach to Document Management appeared first on Robert Ambrogi's LawSites. General document management system MetajureDocuments have to be filed in a certain way, tagged in a certain way, checked in and checked out. Sharing and collaboration often are not intuitive. MORE
44 LexisNexis will turn off its Firm Manager practice management platform on Oct. This follows news reported here in January that LexisNexis was discontinuing sales and suspending development of Firm Manager. The post LexisNexis Firm Manager Will Go Dark on Oct. General Firm Manager LexisNexis practice management31, 2017. A LexisNexis spokesperson said that the company will continue to support and operate the platform until Oct. MORE
In what is getting to be an increasingly crowded field, another cloud-based practice management platform launched this week. The latest entrant, Velawsity , joins the ranks of Clio , Rocket Matter , MyCase , LexisNexis Firm Manager , Thomson Reuters Firm Central , and others. MORE
Following my report earlier this week that LexisNexis Firm Manager will go dark on Oct. 31, another practice management company announced that it will offer free subscriptions to Firm Manager’s customers. Case.one says it will provide a free subscription for a period equivalent to the remainder of the Firm Manager […]. General Case.one Firm Manager practice managementWell, this is enterprising of them. MORE
Microsoft is quietly preparing to formally launch a new practice management product for lawyers in the coming months. The post Microsoft Readies Launch of Practice Management Product for Lawyers appeared first on Robert Ambrogi's LawSites. General practice management The product was scheduled to be announced this month but the announcement has been delayed. It now appears that the product will be rolled out at or around the time of ABA Techshow in April. MORE
The law practice management system Credenza is shutting down, according to a notice on its website. The post Practice Management Software ‘Credenza’ Shutting Down appeared first on Robert Ambrogi's LawSites. General practice management“Credenza has reached end-of-life,” says the notice. “Effective 60 days after your August 2016 renewal date, Credenza will no longer be offered or supported.” MORE
Firm Manager, the LexisNexis online practice-management platform for solo and small-firm attorneys, rolled out several enhancements yesterday, the most notable of which is in-app document editing. This new feature allows a user to open, edit and save documents from within the Firm Manager application. The post Firm Manager Now Has In-App Document Editing appeared first on Robert Ambrogi's LawSites. General practice management MORE
CC BY-SA 3.0 ([link] via Wikimedia CommonsIn a recent conversation, a lawyer questioned whether practice management software was making him any more productive. That got me to thinking about the reasons to use practice management software in the first place. The post 10 Reasons You Should Use Practice Management Software appeared first on Robert Ambrogi's LawSites. General practice managementImage by LaurMG. [CC MORE
Television Television Charlie Sheen FX Anger ManagementMatthew Belloni UPDATED: Producer Joe Roth is alleged to have developed the show with the aid of Jason Shuman and his company but cut the producer out when Sheen signed on to star in the FX series. The case "has no merit," Roth tells THR. MORE
Panther Software, Miami-based developer of the cloud-based law practice management platform PracticePanther, is announcing today that it has taken an investment from Alpine SG, a portfolio company of the San Francisco private equity firm Alpine Investors. The post Practice Management Platform PracticePanther Takes ‘Large’ Private Equity Investment appeared first on Robert Ambrogi's LawSites. General Legal Practice Management Software practice management PracticePanther MORE
Manager Related Topics Media Law
OCTOBER 2, 2018
There is major acquisition news today involving practice management technology. Software Technology LLC, developer of Tabs3 Software , a leading desktop law practice management program, has acquired CosmoLex , one of the leading cloud-based practice management platforms.
Media Law
MARCH 5, 2018
Panther Software, Miami-based developer of the cloud-based law practice management platform PracticePanther, is announcing today that it has taken an investment from Alpine SG, a portfolio company of the San Francisco private equity firm Alpine Investors. The post Practice Management Platform PracticePanther Takes ‘Large’ Private Equity Investment appeared first on Robert Ambrogi's LawSites. General Legal Practice Management Software practice management PracticePanther
Media Law
OCTOBER 3, 2018
The cloud law practice management company PracticePanther is announcing today that it has named Soumya Nettimi as its chief executive officer. This is the second major news development this week involving a practice management company. Since then, she has worked in a number of management roles, most recently as a senior product leader at Amazon Web Services. In just a few years, the team at PracticePanther built the leading solution in legal practice management software.
THR, Esq. Entertainment & Media Law Blog
OCTOBER 3, 2017
Johnny Depp blames being broke on his former financial advisers, while Alanis Morissette's ex-business manager is behind bars. Business Business THR Weekly Magazine Power Business Managers
Media Law
MAY 15, 2017
LexisNexis will turn off its Firm Manager practice management platform on Oct. This follows news reported here in January that LexisNexis was discontinuing sales and suspending development of Firm Manager. The post LexisNexis Firm Manager Will Go Dark on Oct. General Firm Manager LexisNexis practice management31, 2017. A LexisNexis spokesperson said that the company will continue to support and operate the platform until Oct.
Media Law
JANUARY 30, 2017
LexisNexis is discontinuing sales and suspending development of its Firm Manager practice management platform. The post Breaking: LexisNexis to Discontinue Sales of Its Firm Manager Practice Management Platform appeared first on Robert Ambrogi's LawSites. General Firm Manager LexisNexis practice managementThe company sent an email yesterday to consultants and others in its partner network notifying them of the news.
Media Law
NOVEMBER 2, 2016
Choosing a Law Practice Management System from Robert Ambrogi. The post Choosing A Law Practice Management System appeared first on Robert Ambrogi's LawSites. General practice managementBelow is the presentation I gave last week at Above the Law’s Academy for Private Practice in Philadelphia.
Media Law
JULY 11, 2016
Firm Manager, the cloud-based practice management platform from LexisNexis, today introduced a new two-tiered subscription model and new features to go along with the new pricing. Starting today, Firm Manager is offering two subscription prices: The Starter plan, at $29 per user per month, which includes case management, calendar syncing with Google Calendar and Microsoft […]. General Firm Manager LexisNexis
THR, Esq. Entertainment & Media Law Blog
JANUARY 13, 2017
Depp fired The Management Group in 2016 and his new business manager discovered serious misconduct, according to the suit. read more. THR, Esq. The Business Business THR Online
Media Law
NOVEMBER 13, 2018
In a move that signals a new strategy for Needles, a company that provides case-management software for plaintiff-focused law firms, its owners have named a new leader to take charge of the brand and oversee the launch of its cloud version.
THR, Esq. Entertainment & Media Law Blog
APRIL 25, 2017
"[T]he only consistency at Fox is the abhorrent, intolerable, unlawful and hostile racial discrimination that was inflicted on minority employees that appears more akin to Plantation-style management than a modern-day work environment," states one of the suits.
Media Law
MAY 18, 2017
Following my report earlier this week that LexisNexis Firm Manager will go dark on Oct. 31, another practice management company announced that it will offer free subscriptions to Firm Manager’s customers. Case.one says it will provide a free subscription for a period equivalent to the remainder of the Firm Manager […]. General Case.one Firm Manager practice managementWell, this is enterprising of them.
THR, Esq. Entertainment & Media Law Blog
APRIL 13, 2018
The suit comes after sources close to the comics legend expressed concerns about elder abuse. read more. THR, Esq. Heat Vision Movies Movies THR Online Stan Lee
Music Technology Policy
MARCH 13, 2012
This weeks topic deals with artist management agreements. Commission Base : Artists will want to make the “Commission Base” as close to a net number as possible, the managers will want to have it be some form of modified gross. Term : Most managers do not like to have less than a five year term, but younger managers should expect to see that period broken down into a couple of options, usually performance based options. Good managers do not want to touch the money.
Media Law
OCTOBER 3, 2016
The law practice management system Credenza is shutting down, according to a notice on its website. The post Practice Management Software ‘Credenza’ Shutting Down appeared first on Robert Ambrogi's LawSites. General practice management“Credenza has reached end-of-life,” says the notice. “Effective 60 days after your August 2016 renewal date, Credenza will no longer be offered or supported.”
Media Law
JANUARY 14, 2015
I reported here yesterday that the MyCase practice management platform had added foldering to its document management capabilities. As it turns out, another practice management platform, LexisNexis Firm Manager, also rolled out foldering yesterday. Firm Manager now allows users to create folders and subfolders and to move folders from one folder to another. The post Firm Manager Also Adds Foldering for Documents appeared first on Robert Ambrogi's LawSites.
THR, Esq. Entertainment & Media Law Blog
JULY 5, 2018
The hip-hop star alleges Klenord Raphael, known as "Shaft," breached contractual and fiduciary duties. read more. THR, Esq. Music Music THR Online
Media Law
APRIL 18, 2016
In case you think the market for practice management software isn’t already crowded enough, you will soon have another choice. In May, Citrix will launch ShareFile Legal, a practice management platform that will be tightly integrated with the company’s file storage and sharing platform, Citrix ShareFile. The post Citrix Will Soon Launch Its Own Law Practice Management Platform appeared first on Robert Ambrogi's LawSites. General practice management
Media Law
OCTOBER 3, 2016
The law practice management system Credenza is shutting down, according to a notice on its website. The post Practice Management Software ‘Credenza’ Shutting Down appeared first on Robert Ambrogi's LawSites. General practice management“Credenza has reached end-of-life,” says the notice. “Effective 60 days after your August 2016 renewal date, Credenza will no longer be offered or supported.”
Media Law
FEBRUARY 15, 2017
The good news about law practice management software is that recent years have brought a variety of systems to the market. The post Lawyerist Launches Directory of Law Practice Management Platforms appeared first on Robert Ambrogi's LawSites. General practice managementThe bad news is that choosing one can be daunting. Their features and pricing rarely line up in a way that enables apples-to-apples comparisons.
Music Technology Policy
JUNE 15, 2012
This weeks topic deals with artist management agreements. Commission Base : Artists will want to make the “Commission Base” as close to a net number as possible, the managers will want to have it be some form of modified gross. Term : Most managers do not like to have less than a five year term, but younger managers should expect to see that period broken down into a couple of options, usually performance based options. Good managers do not want to touch the money.
Media Law
MARCH 13, 2013
In what is getting to be an increasingly crowded field, another cloud-based practice management platform launched this week. The latest entrant, Velawsity , joins the ranks of Clio , Rocket Matter , MyCase , LexisNexis Firm Manager , Thomson Reuters Firm Central , and others.
Gordon P. Firemark
APRIL 6, 2018
TRANSCRIPT: What can you do if you think your agent or manager is scamming you? VIDEO: [link]. Hi, I'm attorney Gordon Firemark, and this is Asked and Answered, where I answer your entertainment law questions, to help you take your career and business to the next level.
Media Law
AUGUST 18, 2014
announced the release of a preview version of a new document management and collaboration platform designed for law firms and legal departments. The post Microsoft Launches Document Management System for Legal appeared first on Robert Ambrogi's LawSites.
Media Law
APRIL 17, 2017
Most document management systems have a problem, and that problem is that they are a bother to use. The post Metajure Takes A User-Friendly Approach to Document Management appeared first on Robert Ambrogi's LawSites. General document management system MetajureDocuments have to be filed in a certain way, tagged in a certain way, checked in and checked out. Sharing and collaboration often are not intuitive.
Media Law
OCTOBER 4, 2016
CC BY-SA 3.0 ([link] via Wikimedia CommonsIn a recent conversation, a lawyer questioned whether practice management software was making him any more productive. That got me to thinking about the reasons to use practice management software in the first place. The post 10 Reasons You Should Use Practice Management Software appeared first on Robert Ambrogi's LawSites. General practice managementImage by LaurMG. [CC
THR, Esq. Entertainment & Media Law Blog
JUNE 19, 2017
The actress is the latest star to say the people she trusted to manage her money led her to financial ruin. read more. THR, Esq. Business Business THR Online
Media Law
OCTOBER 9, 2014
Firm Manager, the LexisNexis online practice-management platform for solo and small-firm attorneys, rolled out several enhancements yesterday, the most notable of which is in-app document editing. This new feature allows a user to open, edit and save documents from within the Firm Manager application. The post Firm Manager Now Has In-App Document Editing appeared first on Robert Ambrogi's LawSites. General practice management
Music Technology Policy
NOVEMBER 17, 2015
I don’t know that this “management by walking around press releases” is happening at Pandora, but would you be shocked if it were If you recall the Dot Bomb Bubble, you’ll remember what sometimes happens to newly-public companies. It’s the press release syndrome.
Gordon P. Firemark
OCTOBER 9, 2013
The National Conference of Personal Managers is suing the State of California, Governor Edmund G. Although he suit was dismissed by the District Court in March of this year, the Managers have now filed their appeal in the 9th Circuit, alleging the District Judge's ruling was in error and an abuse of discretion. The Managers are represented in the appeal by a dream team of constitutional scholars, led by Stephen Rohde, Ryan Fowler, Christopher Good and Bill Ferguson.
THR, Esq. Entertainment & Media Law Blog
APRIL 17, 2012
Television Television Charlie Sheen FX Anger ManagementMatthew Belloni UPDATED: Producer Joe Roth is alleged to have developed the show with the aid of Jason Shuman and his company but cut the producer out when Sheen signed on to star in the FX series. The case "has no merit," Roth tells THR.
Music Technology Policy
JUNE 10, 2018
Billboard reports that Spotify’s latest and greatest is paying a minimum guarantee (aka an advance against royalties) for direct deals for artists: Under the terms of some of the deals, management firms can receive several hundred thousand dollars as an advance fee for agreeing to license a certain number of tracks by their independent acts directly to Spotify. Both these points are usually the subject of some agita in the negotiation of management agreements.
Media Law
FEBRUARY 12, 2012
Recently, I wrote about announcements ( here and here ) from two cloud-based practice management applications, Rocket Matter and Clio , that they had added document assembly to their menus of features. General practice management
THR, Esq. Entertainment & Media Law Blog
JUNE 17, 2015
Michelle L. Dancy was charged in a nine-count indictment. read more. THR, Esq. The Business Business THR Online SAG SAG-AFTRA Labor
Media Law
JANUARY 12, 2015
Microsoft is quietly preparing to formally launch a new practice management product for lawyers in the coming months. The post Microsoft Readies Launch of Practice Management Product for Lawyers appeared first on Robert Ambrogi's LawSites. General practice management The product was scheduled to be announced this month but the announcement has been delayed. It now appears that the product will be rolled out at or around the time of ABA Techshow in April.
THR, Esq. Entertainment & Media Law Blog
JULY 20, 2017
These expenditures were revealed in The Managment Group's second amended cross-complaint against the actor. read more. THR, Esq. Movies Movies THR Online
Media Law
NOVEMBER 9, 2016
That’s why practice management tools were invented. […]. The post [Sponsored] Finally, an All-in-One Practice Management Tool Designed Specifically for Lawyers appeared first on Robert Ambrogi's LawSites. Above the Law General Sponsored Legal Practice Management Software Legal Tech practice management Product Review Small Law Firms Solo Practitioners Sponsored Content Stephanie Wilkins Technology Zola Media Zola SuiteIn the practice of law, time is money.
THR, Esq. Entertainment & Media Law Blog
APRIL 26, 2018
Klenord Raphael, known as "Shaft," alleges being shafted in $10 million lawsuit. read more. THR, Esq. Business Music Business THR Online
Media Law
JANUARY 13, 2015
The cloud-based practice management application MyCase has added a foldering feature to make it easier for its users to manage their documents, it announced today. The post MyCase Adds Foldering to Enhance Document Management appeared first on Robert Ambrogi's LawSites. General MyCase practice management
Media Law
FEBRUARY 11, 2014
The cloud-based law practice management platform Clio has raised its monthly subscription price by 47 percent, from $49 per attorney to $72 per attorney. Previously, attorneys could add support staff for $24 […] The post Clio Raises the Price of its Practice Management Platform appeared first on Robert Ambrogi's LawSites. General practice management
THR, Esq. Entertainment & Media Law Blog
MAY 17, 2016
The singer claims her ex-business manager stole, lied and convinced her to turn down performance opportunities. read more. THR, Esq. Music Music THR Online
Media Law
MARCH 23, 2013
Last August, I moderated a CLE webcast, “The Expert’s Guide to Change Management at Law Firms,” presented by the North Carolina Bar Association and LexisNexis Firm Manager. product manager for LexisNexis Firm Manager.
Music Technology Policy
JANUARY 28, 2012
This weeks topic deals with artist management agreements. Commission Base : Artists will want to make the “Commission Base” as close to a net number as possible, the managers will want to have it be some form of modified gross. Term : Most managers do not like to have less than a five year term, but younger managers should expect to see that period broken down into a couple of options, usually performance based options. Good managers do not want to touch the money.
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