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LSSLC Simplifying Successful Complex Cases for Over 20 Years
Are You Missing OSIs? (Other Similar Incidents)









Other similar incidents or OSIs can be invaluable, paying off several times more than the investment cost for securing them. LSSLC, LLC has developed a process for finding hard to get OSIs in automotive and other product liability cases. How attorneys use this OSI information varies.

Click "Full Article."  Learn how to use OSI material successfully at mediation, settlement and in trial presentations.     

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Did You Forget Recalls and Service Bulletins?


Many attorneys and experts forget to gather information about Product Recalls and Technical Service Bulletins while preparing their case or performing an initial investigation. This material can help identify a product defect and point an expert in the right direction while saving the client time and money.

Click "Full Article" for details.  

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Top Ten Verdicts 2007

The total Top Ten awards for 2007 dropped 25 percent from 2006. This is 72 percent lower than in 2005. Florida is coming on strong with four Top Ten verdicts last year - the only state with more than one - putting it in fourth place, with 17 Top Ten verdicts since 1995.

For the complete story, Click "Full Article."

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Pre-Emption Looms Large

 

 

Forty-one of the fifty-one rules proposed by NHTSA and FDA Contain Federal Pre-Emption Language.  Limits on lawsuits have been proposed for drug labeling and packaging, along with rules ranging from mattress flammability standards to dietary sweeteners and roof-crush requirements in car rollovers. 

Click "Full article" for more on this dangerous political issue.



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Tax History Quiz

 
Q. In the 1930s, there were many ideas on how to solve the problems of the Great Depression, including a "Share Our Wealth" plan from one U.S. Senator. This radical plan would increase the taxes of wealthy people, only allow them a limited personal fortune, and redistribute the money to the poor. Who was the senator?

a. Robert F. Wagner
b. Huey P. Long
c. Daniel Patrick Moynihan
d. Strom Thurmond

Click Full Article for the answer



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Important Tax Changes for 2008

Here are some important tax figures for the upcoming year, including the Social Security wage base, qualified retirement plan and IRA contribution limits, driving deductions, allowable business write-off amounts and more. Copy this chart and keep it handy to assist you in planning for 2008.



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The massive new federal "bailout" law contains nearly 300 changes to the tax code. Who benefits? A variety of individual taxpayers including those who were threatened by the alternative minimum tax, homeowners installing green energy sources, parents of college students, people who exercised incentive stock options, as well as many others. Click "Full Article" for a detailed look at some of the personal tax breaks included in the Emergency Economic Stabilization Act of 2008.
Copyright © 2008

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Switching from C corporation to S corporation status might be a smart move for your law firm in the long run. But advance planning is important. Otherwise, you may be hit with unintended consequences in the form of built-in-gains tax. Click "Full Article" for details on how a C-to-S conversion can be affected by contingent fees your firm receives.
Copyright © 2008

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Older Americans with equity in their homes often use that stake to finance unexpected expenses. But potential borrowers need to be careful they don’t become victims of unscrupulous lenders. Here are tips to avoid taking out a home equity loan that could result in aggravation, costly fees, and even the loss of your property. 
Copyright © 2008

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Uncle Sam and many states provide tax incentives for the rehabilitation or renovation of "historic structures." Click "Full Article" to find out if your building qualifies for a valuable tax break.
Copyright © 2008

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New York Times Oct. revenues down 9.4%; cuts quarterly dividend by 74% - update
rttnews.com - Fri, 21 Nov 2008 00:40:03 GMT

 Top British Tour Operators Reduce Offerings In Anticipation Of Weak Sales
AllHeadlineNews.com - Fri, 21 Nov 2008 00:35:02 GMT

 Magazine names Jetta TDI 'Green Car of the Year
mercurynews.com - Fri, 21 Nov 2008 00:33:58 GMT

 Report card: Patients less satisfied with HMOs
sfgate.com - Fri, 21 Nov 2008 00:32:54 GMT

 Democrats demand U.S. Big 3 offer survival plan
news.yahoo.com - Fri, 21 Nov 2008 00:27:40 GMT

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LSSLC, LLC provides the information in this newsletter for general guidance only, and does not constitute the provision of legal advice or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. 

The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

P.O. Box 161 Wynnewood, PA 19096