NY Daily Record Since 1908

Writing (selling) covered calls is a conservative strategy that can enhance the income from one’s portfolio, while reducing the portfolio’s overall risk. Option strategies are often viewed as being very “risky,” while writing covered calls is an option strategy that ...

Tagged with: Kevin B. Murray Money Management

President Donald Trump’s losing streak on his travel ban continues. The U.S. Court of Appeals for the 9th Circuit upheld almost entirely the ruling from a district court in Hawaii (“an island in the Pacific”) striking down the second version ...

Tagged with: Donald Trump travel ban

Proponents of civil asset forfeiture often claim that it’s an important tool for targeting major drug dealers. We have to deprive them of ill-gotten gains, the thinking goes, and letting police departments and prosecutors’ offices keep those gains provides a ...

The Supreme Court said two interesting things about equity last week. First, there were the last two substantive paragraphs of North Carolina v. Covington, a decision vacating a district court’s order that required a special election in North Carolina. The ...

Tagged with: Supreme Court

If you’re a litigator, then I can only assume that by now you fully understand how social media platforms impact your practice. At this point in time, one way or another, you’ve undoubtedly encountered social media issues while representing your ...

Tagged with: Facebook Legal Loop Nicole Black social media

On June 14, from noon to 2 p.m., the Monroe County Bar Association will present a program entitled “The Economic Decline of the Legal Marketplace: What, If Anything, Can Lawyers and Law Firms Do About It?” This ominous title is ...

Tagged with: Legal Services MCBA Michael R. Wolford Trials & Tribulations

I am sure everyone has heard of Gov. Andrew Cuomo offering free tuition, and whether you agree with it or not, we should all know the details. On April 7, New York signed tuition-free legislation called the Excelsior Scholarship. A ...

Tagged with: Gov. Andrew Cuomo Keeping Your Balance Megan Broomfield

For my first President’s Message in the Daily Record, I wanted to share my remarks from the 35th Annual Installation Dinner that was held on May 25, 2017 at Pomodoro’s. It was a wonderful evening filled with a packed room ...

Tagged with: GRAWA President's Message Jodie Ryan

The time has arrived in which I write my last column as MCBA president. It has been a rewarding year in which we accomplished a lot with the help of a fully engaged board of trustees and executive committee, a ...

Tagged with: Mark J. Moretti MCBA MCBA President's Message

On Jan. 23, President Donald Trump reinstated the “Mexico City Policy” and threatened he might expand the policy. What, you ask, is a policy named after a place the president has been knocking for months? It is an on-again, off-again ...

Tagged with: abortion Donald Trump Scott Forsyth

It’s a movie cliché: A bunch of men in white-and-black striped pajamas, with chains around their ankles, breaking rocks in a quarry under armed guard. The media has taught us that prison labor is the natural state of the world ...

Tagged with: minimum wage prisons

Throughout your career you have striven to put aside money for a rainy day fund. You have made the wise decision to fully fund your 401(k) plan each year and even opened an IRA account in the years that you ...

Tagged with: Money Management Sharon L. Thornton