US Law Firm Mayer Brown Retains More Trainees
London trainees are seeing better opportunities when training under the tutelage of US law firms. More US firms are optimistic in gaining higher retention trainee percentage in contrast. However, the scenario differs from law firm to law firm.
Most US firms prefer to take in a large number of trainees because of their higher need for human resource. Retention probability of trainees for these law firms is abysmal to say the least. But for some law firms, those that enjoy retention rate as high as 100%, recruiting a small number of people is the key.
Says one recruitment manager, “We only ever recruit the number of people we think we’re going to need in two years’ time - as opposed to some other firms.”
The benefit of taking in only a small number of trainees is that it is very easy to lay out the road map. But taking a small number of recruits has its pitfalls too. A law firm that took only two trainees enjoyed 100% retention rate for 2 years since 2006. However, one of the trainees left the firm this year, which automatically brings down that firm’s retention rate to half.
Another thing that affects trainees’ retention is the economic issues faced by almost every industry today. London trainees who feel the pangs of economic decline feel unsure of the stability of their tenure. Mayer Brown, a top law firm with a global platform, believes that building a junior lawyer’s career is pivotal to building a firm’s positive reputation.
Steven Gare of Mayer Brown said, “You can build up the reputation for being a firm which treats people properly, or you get the reputation for hiring in good times and discarding people in bad times.”
Source: Read more about http://www.thelawyer.com/cgi-bin/item.cgi?id=134258&d=415&h=417&f=416″>Mayer Brown recruiting and retention rates.
6 Steps to a Successful Medical Spa Expansion
According to the American Society for Aesthetic Plastic Surgery, since 1997, nonsurgical procedures have increased by 471 percent. Jeff Russell, CEO of MedSpa Financing, comments “Medical Spas are a natural progression of medical practice expansion, having a medical doctor run them gives them the credibility and public confidence needed for their success.”
Before you jump into the Medical Spa industry; keep the following 6 steps in mind:
1. Start with a Road Map
A business plan is critical for business success, and it is especially important when starting a Medical Spa. Not only is it necessary if you are going to require financing, but it will act as a blueprint for building a successful MedSpa practice.
You should have a clear strategy of what services, procedures and products you will offer. Don’t try to be everything to everyone. A Medical Spa typically combines medical and aesthetic procedures along with complementary skin care products.
2. Know your Financing Options
Do not underestimate the costs associated with opening a Medical Spa. Are you simply adding hair removal equipment to your existing location or building a new facility? You will need to carefully consider your financing options - this will often be reality check time.
You will have a number of options, including: leasing, working capital, and/or finance loans. Equipment leasing is the best way to go if you want to pay for your equipment as you use it, while preserving your capital and bank lines. Under-capitalization is one of the main reasons businesses fail; make sure you are prepared.
3. Product, Equipment, Service
By completing your business plan, you will have a clear idea of how many treatment rooms you will need. Don’t forget about calculating the amount of retail space you will also need to support the MediSpa.
When choosing your skin care products, choose the ones you really believe in. Otherwise, you are really missing a huge profit opportunity. You may even want to go private label.
4. Location, Location, Location
By now, you know your target customer, the next step is to be where they are. You should have good traffic flow and be in an area with sufficient commercial and residential density.
5. Building your Dream Team
Since you will not want to be tied down to the day to day operations of the MedSpa, you will need to choose a MedSpa Director very carefully. This person needs to have exceptional customer service values, and be talented enough to choose and develop the right team for your MedSpa.
6. Marketing and Promotion
First of all you need to let all your current patients know about your new Medical Spa, but do not think this is enough! You will need to have a comprehensive marketing plan prior to your grand opening. You may want to offer free informational sessions on popular topics (i.e. wellness) or a special promotional treatment package.
In summary, Russell commented, “Do not underestimate the time, skills, or money needed to open and operate a MedSpa.” According to Dunn and Bradstreet, 96 percent of businesses in America that fail, fail because of what is called managerial incompetence. “If you do not have the business skills or time; you must hire someone who does, or use experienced Medical Spa consultants,” Russell says.
Jeff Russell is the President and CEO of the Oakridge Financial Group, which includes the healthcare financing divisions: Oakridge Healthcare and MedSpa Financing. MedSpa Financing specializes in providing turn-key financing options for doctors wishing to expand their practice with a Medical Spa. Jeff Russell has over 18 years finance and hospitality experience working for world class organizations, including: Fairmont Hotels, Club Med, and the Allianz Group. MedSpa Financing is a member of the International Medical Spa Association.
For more information please visit our website: http://www.medspafinancing.com, call 1-800-485-5759, or jeff@medspafinancing.com
Forex Exchange
How about exchanging luck and getting a lifestyle makeover? Are you the one who has decided to earn money by the traits of sheer efforts, patience and intelligence? If yes, then forex exchange awaits you to run a business and spin money. You can also take advantage of this business if you are looking for a proper place to invest. However, it is better to not rest your expectations on it too heavily because both the market and currency value are always changing. In order to capitalize and exploit the market fully, you need to have a thorough understanding of the trade.
Nowadays, multiple courses on forex exchange are offered. If you are not a good self-learner, then you have nothing to worry about. Forex trading can still be an option for you. It’s as easy as enrolling into an online course and learning the tricks and tweaks to trade and tuck dollars in your accounts. Before choosing a course, it is important to weigh and verify the credentials of the trainer. The market experience of the trainer is important as you need to learn from someone who has played it real and hard. This will help you have a fair idea about the challenges of the trade.
You can also attend workshops on forex exchange to delve deep into the trade. You might see people jumping into the business straight and feel cross about all the extra effort of getting trained. Remember, it is always better to have knowledge rather than be ignorant. As you move ahead in the forex market, you will see how your knowledge puts you ahead of others in the long run. And there are customers who prefer only those brokers who are clear with the basic concepts. So, you can’t help but benefit by being trained to make a better fortune out of forex trading.
Get a Business Loan to Step on the Accelerator
Can you think about starting any business or expanding an existing one without capital? The sole aim of running a business is to make money. If the statement “Money makes money” still holds good, then you have to plant a money tree today to enjoy its fruits in the future.
Money is needed to carry out each and every step in business smoothly and conveniently. From purchasing raw materials and plant and machinery to paying salaries, a strong financial base is of utmost importance.
The big question is where will the money come from? It can come from your internal sources as well as external sources. Internal sources can be your savings, retained earnings or sale of business assets, which are lying useless. When it comes to external sources, shares, debentures and loans strike your mind.
You can use your personal sources if you are running a small business or if you are on the verge of starting a small business. If you are planning to start a new venture or you want to expand your business on a large scale, then Business Loan is the best option available for you.
A business loan can provide you the platform to build a solid foundation. Business loans help you in making purchases, payments and paying for the rent.
Business loans can be of two types - secured or unsecured. Secured Business Loans have to be backed by collateral, which can be a house, car, plant and machinery, etc. Since the lender feels secured about the repayment of the loan, Secured Business Loans carry a low rate of interest. If you have security to offer and your business requires lots of finance, then a Secured Business Loan is what you should be going for.
Unlike Secured Business Loans, Unsecured Business Loans, have to be backed by collateral. Those who do not have security to offer and those who do not want to run the risk of putting their valuable assets, as security should apply for Unsecured Business Loans. Lenders are shy of lending a large amount, as they are not confident about your repayment strength. A heavy rate of interest levied would make matters worse for you.
As far as repayment is concerned, you can either pay a fixed monthly amount with some interest or you can pay only the interest after the fixed period and the principal amount at the end of the stipulated loan period.
Come what may, statements regarding essential contents like usage of loan, the repayment policy, management profile, description of business, your financial standing, etc., go a long way in helping you to avail a loan from the lender. Higher the projections, better are the chances of striking a perfect deal for yourself.
About The Author: The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting E-business-Loans as a finance specialist.
For more information please visit http://www.e-business-loans.co.uk
Two Types of Business Plan Executive Summaries
Companies seeking capital often ask how long the Executive Summary of their business plan should be. The answer depends upon the use of the summary, mainly determining if 1) it precedes the full business plan, or 2) it will be used as a stand-alone document.
When the Executive Summary precedes the business plan, its length should be short, typically only one to two pages and certainly no longer than three pages. This is because the Executive Summary is not meant to tell the whole story of the business opportunity. Rather, the summary must simply stimulate and motivate the investor to learn more about the company in the body of the plan.
The second type of Executive Summary is a stand-alone document. That is, it is given, by itself, to investors for their initial review. If interested, the investor will then request the full business plan. A stand-alone Executive Summary is often used to limit the flow of information. That is, if an investor is not interested in the general opportunity that your summary presents, you don’t want to reveal to them intimate details of your plan.
Regardless of which type of Executive Summary you are developing, the summary must included the following critical elements:
1. A concise explanation of the business
2. A description of the market size and market need for the business
3. A discussion of how the company is uniquely qualified to fulfill this need
In addition, a stand-alone Executive Summary should include summaries of each essential elements of the business plan. This includes paragraphs addressing each of the following:
- Customer Analysis: What specific customer segments the company is targeting and their demographic profiles
- Competition: Who the company’s direct competitors are and the company’s key competitive advantages
- Marketing Plan: How the company will effectively penetrate its target market
- Financial Plan: A summary of the financial projections of the company
- Management Team: Biographies of key management team and Board members
The Executive Summary is the most critical element of the business plan. If it does not grab the investor’s attention, the investor will neither read nor request the full business plan. As such, spend time developing the best possible summary, create two versions (e.g., stand-alone and full plan predecessor) as appropriate, and work to get it in the hands of the right investors.

Since its inception, Growthink Business Plans has developed over 200 business plans. Growthink clients have collectively raised over $750 million in financing, launched numerous new product and service lines and gained competitive advantage and market share. Growthink has become the firm of choice for venture capital firms, angel investors, corporations and entrepreneurs in the know. For more information please visit http://www.growthink.com or download our free Business Plan Guide.
Creativity & Entrepreneurship: The Creative Evolution of an Intellectual Property(c)
In each of us, there is a creative spark - a unique purpose and destiny for which we are born. Most of us have forgotten what that special gift is, or we are afraid to live it. My successful secret formula as outlined in my seminars, e-book and CD’s will help you unlock your creative potential and discover your purpose in life. Passion, right-action, hard work and a commitment to excellence will create the quantum leap you desire in your life today!
I have been involved in entrepreneurship, creative endeavors and public speaking for many, many years. First of all, I would like to say that I incorporate a unique blend of lessons and concepts that I have researched, studied, learned and experienced over the years to access my own creativity, to develop my ideas and launch my own intellectual properties and entrepreneurial ideas into successful business ventures.
In my seminars I incorporate ancient secret wisdom, creative lessons and exercises to open you up to the deeper parts of your mind, heart and soul, where creativity is born and nurtured. After that we get down to the business aspects which will include how to protect your intellectual property, strategic business planning, funding your idea/business, developing prototypes, marketing, advertising, promotions and sales, and others important steps to launch or expand your ideas and businessand some of the challenges you may face and pitfalls to avoid.
As most of you know, I have created a unique life for myself. I am an entrepreneur, executive producer, writer and motivational speaker. I have many, many interest. I am writing my autobiography: The Pen is Mightier Than the Sword, polishing up the first book of my mystery series: Prince D’Arcy de Montebello, writing another book on entrepreneurship and I do consulting and public speaking. I also love to teach. I would have to say that my top three passions are: creating, writing and helping others any way I can.
There is an imminent need for love, and light, and personal empowerment in the world today as never before. Many of you may also know I ran for the presidency in 2004 as a true-democrat and write-in candidate in the eleventh-hour to “right the wrongs of America!” So I know first hand about the need to bring about truth, peace, love and compassion in this very disturbing and violent world. And the key begins within each of us. That’s why I have decided to focus a lot of my energies on teaching others about creativity and how to put your creative ideas to work to make you money through entrepreneurial ventures. There is an huge need for this, especially now.
My philosophy is that if each of us are lifting our own light up, in our own way, through positive thinking, positive ideas and creative thinking then we can focus on building or growing or expanding our own businesses and entrepreneurial ventures. This is something each of us can do right now. We can choose to focus on the light within and bring it forth and share with others, instead of focusing on all the fear and negativity in the world…I call it “drowning in the illusion”. So you can chose, right now to either sink or swim! And that is where I come in. To help you swim, to help you soar, to help you fly!
We all know that Light is the first element of creation! So, let there be light! Light is the creative force, the life-giving force in the entire universe, and in each of us. Don’t you feel your heart lifting right now. I do. Every time I think about this, or hear this, or am reminded of this, my spirit soars! Isn’t that beautiful? So I hope your mind and heart are opening right now, because this is light! This is Truth! And from this truth, this pure light, comes creativity. That’s why I call my book and workshop: “The Creative Evolution of an Intellectual Property”, because it is an evolution, but it begins with lighta thought, a bright ideaa light bulb goes off!
I draw from my own real-life experiences and knowledge that I have acquired over my lifetime thus far. I have learned from the masters and many experts in a variety of important fields and industries. Many have helped me to achieve harmony, balance and creativity in my inner-personal life and others have guided me in business, legal, marketing, advertising, promotions and sales. But there is nothing like hands-on experience–trial and error–learning from your own successes and mistakes.
I encourage all of you to DREAM & THINK BIG! But take realistic steps to achieve your desired goals.
Join one of JJK’s dynamic tele-seminars–see website below.
“Creativity is coloring outside the lines, and entrepreneurship is living outside the box!” JJK

JOHN JOSEPH KENNEDY
President & CEO JJK Enterprises - John Kennedy Enterprises, Inc.
Founder, JJK School of Entrepreneurship (A Business Franchise)
International award-winning speaker, 2004 Presidential Candidate, author, marketing guru and entrepreneur extraordinaire
Mr. Kennedy is the author of Creativity & Entrepreneurship© and The 72-Hour Entrepreneur
As a journalist and writer, JJK has more than 100 news bylines to his credit, and more than 5,000 article have been written about him worldwide.
His work and inspiring life-giving messages and speeches have reached television, radio, newspaper and live audiences of more than 100 million people in the United States, Latin America, Canada, Mexico, England, India, France, Switzerland, Ireland, Poland, Africa, and other countries.
JJK’s e-mail: JJK@JJKEnterprises.com
Websites:
http://www.JohnJosephKennedy.com (Political)
JJK BizBlog: http://jjkenterprises.blogspot.com/
JJK BookBlog: http://jjkenterprisesjjkbookblog.blogspot.com
Medical Office Administration Online Schools
Do you desire a position in the medical field but feel that you cannot meet the demands required by most schools? Online schools, colleges and universities offer degree programs in Medical Office Administration and Health Administration. In fact, courses thoroughly cover computers and computer software applications, medical office procedures, patient billing, introduction of health insurance, medical coding, medical machine transcription, medical terminology, anatomy and physiology, and sometimes even include an onsite internship.
Many reputable online programs offer Associate degrees in the fields of Medical Office Administration and Health Care Administration. Our Medical Office Administration School curriculum involves discussing ethical, regulatory, and legislative issues related to daily operations of medical health clinics and offices.
The ethical, regulatory, and legislative issues pertinent to the daily operations of medical health clinics and students attending Online Medical Office Administration Schools will discuss offices. Students completing the associate degrees in Medical Office Administration will have acquired up-to-date knowledge in preparation for entry-level positions in modern medical offices.
Upon completion of the programs offered by the Online Medical Office Administration Schools, graduates are able to maintain positions as front office medical assistants, admitting clerks, patient services, medical records clerks, healthcare supply coordinators, as well as other professions.
If any of these careers peak your interest, then you should get more information about Medical Office Administration Schools as well as other schools. The United States offers you several excellent universities and colleges as well as online schools, and they allow you to learn all that the colleges and universities teach, but from your own home. Do not hesitate. Now is the time and your medical administration degree is yours for the taking.
You At A Dead End? Look Deeply Into My Eyes!
The president of a large North Eastern company, doing business
internationally, was visiting his California division. While he
was there, he saw a very large photograph of, of all people,
himself, hanging on the wall.
He was in the office of his Vice President’s private secretary.
He said to her, Linda, that’s a very large picture you have of
my mug for this size room isn’t it?
Linda said you know what I do when I have a problem? He said
yea, you throw darts at it. Don’t you? She smiled and said no,
here’s what I do. Then she demonstrated by propping her elbows
on her desk, placing her chin in her cupped hands, and looking
up at that picture said, Boss, what the heck would you do to
solve this?
What Kinds of Images do you visualize?
Linda used a very powerful motivator to help solve her problems.
She identified with a successful image. This sort of
visualization can break the cycle of self-defeat and bad habits
those years of struggles have set up with-in a personality.
Linda went on to testify, I find it extremely helpful to
identify with a successful and positive image that inspires me
to make the right decisions. She said, sometimes it’s a slogan,
a picture, or any symbol that has deep meaning to me.
What do your images say to you?
Some people may find what Linda does humorous. But, the results
of her actions are startling. Do you have a picture or symbol in
your home or office that could give you the right answer for an
important decision?
It might be a picture of a father, mother, husband, wife,
Benjamin Franklin, maybe Benedict Arnold, nah….I’m kidding about
that. I sure hope you don’t visualize Benedict Arnold. :>) Why
it could be a picture of a long deceased grand parent. Just
anything that has deep meaning to you.
Caveat!!!
Make sure it conjures up deep POSITIVE emotions on the inside of
you. This is nothing to play around with. If the image gives you
that warm fuzzy feeling inside then you’re on the right track.
If it makes you start looking for places to hide more bodies,
then all bets is off.
When it’s Time to Speak…….Shut Up!!
What will your image say to you? Will you Listen? There is only
one way to find out. The next time you are faced with a serious
problem or have to make a major decision, ask your image a
question. Then LISTEN…duh…ding-a-ling.
What you hear could be the most important advice you could get.
When that deep stirring in your gut says, this is the way, do
this, do that, then you have found the breakthrough you’re
looking for. Be patient, get quiet and listen. If you’re not
hearing anything, I can almost guarantee you you’re not quiet.
There is still too much turmoil on the inside of you.
Another point you need to recognize is your situation is going
to change whether you take the initiative to change it
positively or not. But, using the concept of talking to your
motivational images and listening, you have the power to
determine its direction. Ah….. I like that. You bet.
I can hear someone saying now, poo poo I’m not going to talk to
some silly picture. I’m not a nut. Ah…….you talk to things all
the time. Sure you do. Don’t believe it? Stop yourself next time
you find yourself saying to your computer, why aren’t you
working right you sorry piece of junk?
Talking to a computer, how crazy can you get? But, yeah, we talk
to things all the time, but mostly in the negative vein. So,
let’s start talking to things that will help to shape our future
in the direction we want and not pay any attention to the
nay-sayers that would make you feel silly.
So, What do you really want?
Do you want to go around the world in 80 days? You want to play
in a James Bond movie? No, well how about lassie? Nah I’m
kidding. No matter what your dream is, you will find that it
will materialize through visualization and imagery much easier.
Rolling Snowballs uphill?
Yep, that is what it is like to try and materialize your goals
and ambitions through happenstance or some kind of hokey-pokey.
You have heard the slogan, “whatever the mind can conceive and
believe the mind can achieve.” Well, it’s really not your mind;
it’s your body that does the work. But, your mind can make your
body’s work much easier.
In fact, if you don’t learn to use your mind and emotions you
will put excessive and undue stress on every muscle in your
body. Stress will cause all kinds of illness. Like ulcers and
tape worms. :>)
This is a strong statement, but, I have found out from many
years of business, that things just go much easier when my mind
and emotions are congruent with my activities. When your mind
and emotions get out of sync with the forces of the Universe
that bring health, prosperity, and success, your life will be
miserable.
Ok, here is your homework. I’m going to tell you a technique
that is very powerful and effective. Find your image that you
feel deeply about and creates powerful emotions inside you.
Then, find a quiet place sit down get comfortable, close your
eyes and see that image floating inside of your mind. If you
don’t have an image, use powerful words like; success,
prosperity, health, healing, so-on, and see those words floating
into your mind and let them surge all the way through your body.
Feel it going through your body. Keep doing it till you feel
electricity like sensations surging through you. You will.
Guaranteed.
Don’t underestimate this. Some of the simplest things in life
are the most effective.
Richard Vegas © 2002
Are You Avoiding The #1 Mistake Most Startup Entrepreneurs Make?
The entrepreneur starting a business is extremely busy. Inspired by the dream of
escaping the 9-5 work week, it is common for entrepreneurs to put in 100+ hour
weeks during the startup phase. Every effort is made to ensure a profitable business
in the futurefrom creating a catchy name to building the perfect product to
orchestrating an effective marketing campaign. But in this flurry of activity, there is
a strong propensity to forget something extremely important: building business
relationships with other people.
This tendency is further encouraged by our notion of the “lone ranger”
entrepreneur. The concept of a person building a successful business alone is held
in high esteem by society, yet dangerously unrealistic. Entrepreneurs who build their
businesses with assistance from others are far more likely to succeed than those
who attempt it alone. For this reason, it is imperative that entrepreneurs work on
building relationships with people who can help them.
As an entrepreneur, here are some of the reasons you need to be networking:
Networking gets your name out
Spend some time preparing a 30-second “elevator pitch” you can use when talking
to people. For a startup business, it’s essential to get people talking about your
product. You can start building this buzz by meeting influential people and talking
to them about the product or service you offer. They in turn will tell others. People
are more likely to refer friends to someone they know personally.
Networking can build your reputation
Become known as a knowledge broker, and you’ll soon be recognized as an expert
in your field. Every time you offer advice and solutions for free, you’re building into
people who will spread word about your business in the future.
Networking develops new business ideas
Talking with other small business owners is a powerful way to fuel innovation. As
you talk with fellow entrepreneurs and small business owners you can learn about
new markets that have potential, and come up with ideas you wouldn’t have thought
of on your own. Many a new product, service, or market began as a person-to-
person discussion.
Networking helps you find joint venture partners
Joint ventures are a powerful means of doing business. Each party contributes
something that the other doesn’t have. If you socialize with the right group of
people, you will find great partners for profitable ventures.
Networking lets you learn from others
As you begin to mingle with other professionals, you will glean tips on how they
became successful in business. Often some of this information can be more relevant
than what you would read in a book because it’s localized information. Talking with
someone else often gives you insight into an area that you wouldn’t have thought
about by yourself.
So entrepreneurs, as you work on building your business, don’t forget to build
relationships with people. They could become future clients, colleagues, and
mentors. The knowledge and opportunities you gain will make it well worth your
time.

PalPad makes it easy to remember people you meet while networking:
http://www.mypalpad.com .
Gap Analysis Gives Clear Vision of Your Future
Whether your vision is rapid growth, higher productivity, stakeholder value or quality improvement, getting there starts by understanding what it takes to reach your goals. The logical first step is an objective assessment of current conditions, commonly referred to as an operations assessment or a GAP Analysis. So to achieve your strategic goals you need to know what it takes to get there.
Operations Assessment
Getting there begins with an objective assessment of where your organization is now. What are its core processes, critical metrics, and performance levels compared to industry standards?
What does a GAP Analysis Involve?
Typically a Gap Analysis is a two day engagement that identifies discrepancies between a company’s baseline and target goals in its most critical areas: revenue, quality, productivity, and resource utilization. The result is a plan with specific action steps and resources required to achieve objectives.
Criteria for Assessment
• Employment Size - How many people does your company employ?
• Primary Location - Is the business in the U.S., Canada or abroad?
• Level of Interest - Is there a high level of interest among employees?
• Urgency of Need - Do you need an assessment immediately?
• Organization Maturity - How experienced is the company?
• Management Commitment - Does management offer full support?
The Gap Analysis Typically Consists of Five Activities:
Activity 1: Pre-planning
Prior to the on-site visit, analysts review key business documents such as your Business Summary, Organization Chart, Employee Handbook, and Financial Statements.
Activity 2: Introductory Meeting
Gap analysis methodology and deliverables are outlined for your top management by a Principal Consultant.
Activity 3: Data Gathering
Interviews of a cross-section of your organization’s personnel are conducted, operations observed, and data collected.
Activity 4: Gap Analysis Report
A detailed report and MS Project Plan is produced within five business days by a Consulting Team.
Activity 5: Concluding Meeting
The Gap Analysis Report and recommendations are presented to your management by a Principal Consultant.
Get a Return on Your Investment
The Gap Analysis fee typically starts at about $2,500 and will vary depending on the size of the company and scope of the assessment. However, with a strong GAP Analysis, this fee can prove to be quite small compared to the benefits for your company - improving revenue, quality, productivity and resource utilization.
Sean Battles specializes in policies and procedures to improve business improvement.
Visit: Bizmanualz, Inc.
