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Vibe check
No studies have found a higher prevalence of clairvoyance among labor market experts than in the average population. Since they can’t see the future, these professionals sift through data and surveys to figure out what the coming months may hold. Some reading these tea leaves have predicted employers may soon be suffering through another wave […]
JPMorgan Chase gives $5.3M to DMV career pathways program
JPMorgan Chase has donated $5.3 million to TalentReady, a student career pathways program in Virginia, Maryland and Washington, D.C., the bank announced Thursday. The program, which is organized by the Greater Washington Partnership and Education Strategy Group, has a focus on ensuring students get work-based learning experiences, such as capstone projects and internships. TalentReady has [&hellip[...]
More than bean counters
Chief financial officers have long been tasked with managing the fiscal responsibilities of companies — everything from financial planning to tracking cash flow. But increasingly, other C-suite executives and board members are relying on these finance experts for strategic and operational leadership. In fact, an April 2022 report from global consulting firm McKinsey & Co. […]
Innovation, capital key to rural growth, Barkin and Warner say
There’s hope for economic growth in rural areas despite their challenges, Federal Reserve Bank of Richmond President and CEO Tom Barkin and U.S. Sen. Mark Warner said Wednesday during the Fed’s 2023 Investing in Rural America conference in Roanoke. Rural areas could overcome economic development challenges, particularly housing shortages and lack of broadband access, with innovation, [...]
Legal review
In law firms across Virginia, power is now definitely on the side of individual attorneys, who can command larger salaries and other perks so long as they’re willing to cope with heavier workloads. As demand for legal services has soared, the number of lawyers available to perform that work has slumped, leaving even the most […]
The big crunch
Although the “Great Resignation” is hitting other industries harder, Virginia law firms are experiencing a tight labor market while also seeing increased demand for services. Alison McKee, a past president of the Virginia Bar Association and an attorney at Kaufman & Canoles PC in Virginia Beach, notes that “2021 was the busiest year in a […]
