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Economic Downturn


 

 

 

 

 

  Lawyers Alliance is producing a series of monthly Legal Alerts addressing legal issues pertaining to the impact of the economic downturn.
Program Preservation Initiative: Coping With the Economic Downturn

Lawyers Alliance helps nonprofits cope with the legal impact of the Economic Downturn at a time of increased demand for their services. There are strategies that nonprofits can adopt to preserve programs and manage risks caused by anticipated cuts in State and City budgets, decreases in foundation support, and rising pressures on individual donations.

In 2009-2010, we are making it a priority to offer legal representation services and educational programs that foster stability and support the resilience of the nonprofit sector during this challenging financial period.

This month's board topic is Use of Independent Contractors

1.  What is the difference between an employee and an independent contractor?
2.  How do we know if a worker is properly classified as an independent contractor?
3.  Does having a written agreement that states the worker is an independent contractor end the analysis?
4.  What is the risk if we misclassify a worker as an independent contractor rather than an employee?

For answers, see our most recent Legal Alert on Use of Independent Contractors.


 

Calendar of Legal Alerts

October 2008 - Board Asserts Fiscal Oversight Responsibility
November 2008 - Tapping Cash Reserves
December 2008 - Real Estate Tax Exemptions
January 2009 - Rollback Employee Benefits
February 2009 - Assigning or Subletting Your Organization's Space
March 2009 - Refinancing
April 2009 - Reductions in Workforce
May 2009 - Mergers and Strategic Alliances
June 2009 - Asset Transfers
July 2009 - Chapter 11 Bankruptcy Filings
August 2009 - Chapter 7 Bankruptcy Filings
September 2009 - Dissolution of a New York Not-For-Profit Corporation
October 2009 - Collaborations
November 2009 - Working With Fundraising Professionals
December 2009 - Use of Professional Employer Organizations
January 2010 - Renegotiating Vendor Agreements
February 2010 - Use of Independent Contractors

In addition, a single downloadable document that combines all of the above Legal Alerts as they are released is available here.