In the Press
Amblin Television Developing Kimberly McCreight’s Novel ‘Friends Like These’ Into Series
Deadline mentions Victoria Cook as counsel to New York Times bestselling author Kimberly McCreight. View Article
September 23, 2021
Creating Enterprise Value: AI, Talent, Risk & Growth Strategies for Agency Leaders:
A Business Conference for Agency CFOs, CEOs, Presidents, Managing Principals & Owners
Date:
Thursday, November 19
Time:
12:00 PM - 6:00 PM
Address:
Frankfurt Kurnit
28 Liberty Street
35th Floor
New York, NY 10005
Program Overview:
This conference is designed to address strategic, financial, operational, and legal issues that can afect agency profitability, valuation, leadership succession, risk management, and long-term enterprise value. Through a combination of expert presentations and executive discussions, attendees will gain practical insights into the opportunities and challenges facing agency leaders in an increasingly complex business environment.
12:00 PM – 12:25 PM
Registration, Lunch and Welcome
12:25 PM – 1:10 PM
AI’s Impact on Agency Processes, Economics, Pricing, and Profitability and Negotiating Agreements With Clients to Address These Issues
Artificial intelligence is reshaping agency operations, economics, client expectations, and risk profiles. This session will examine how agencies can leverage AI to improve eficiency and profitability while addressing evolving contractual and governance considerations.
Topics Covered
What clients to understand about the use of AI, costs and eficiencies.
Intellectual property, ownership and compliance considerations
AI's impact on agency business models and economics
Client expectations regarding AI usage and disclosure
Pitch and procurement pressures
Key contractual protections and risk allocation provision
Governance frameworks for AI review and approval
Speakers: Candice Kersh and Karen Lo (Special Group)
1:10 PM – 1:50 PM
Building an Ownership Culture: Equity Participation & Long-Term Incentive Strategies
Topics Covered
Equity participation structures for key employees and next-generation leaders
Employee Participation Units (EPUs), phantom equity, profits interests, and other incentive alternatives
Balancing founder control with meaningful employee ownership opportunities
Designing long-term incentive programs that align performance and succession goals
Rewarding key contributors without giving up unnecessary control
Roll-over equity particularly in private equity roll ups
Speakers: Wendy Heilbut and Mark Himmelsbach (Episode Four)
1:50 PM - 2:40 PM
Diversification Opportunities, Including SaaS, IP licensing, Investment, and Branded Entertainment
Many agencies are exploring new revenue streams and proprietary assets that can improve growth, valuation, and long-term sustainability.
Topics Covered
SaaS and technology licensing opportunities
Development and monetization of agency intellectual property
Proprietary technology and data products
Strategic investments and ownership interests
Branded entertainment and content ventures
Building value through scalable, non-service-based assets
Speakers: Greg Boyd, Chris Chase and Ben Moskowitz
2:40 PM - 2:55 PM
Networking Break
2:55 PM - 3:55 PM
M&A Readiness, Succession Planning & Deal Structures
Whether you're thinking about growth through acquisition, bringing in an investor, transitioning ownership, or eventually selling your agency, understanding the deal process is critical. This session will demystify how agency transactions work, what to expect during a sale process, and the key deal terms, structures, and negotiation points that can materially afect outcomes for founders and owners.
Topics Covered
Who is buying agencies today and why
Strategic buyers versus private equity investors
What the sale process looks like from start to finish
Valuation drivers and factors that influence deal value
Earn-outs, rollover equity, and other key deal structures
Deal terms that commonly surprise agency owners
Preparing for diligence and avoiding common pitfalls
Building the right advisory team and preparing for a successful transaction
Speakers: Lee Silver, Gavin McElroy and Michael Sidler (Madison Alley)
3:35 PM - 4:15 PM
Talent Risk Management and Employment Issues
Managing talent-related risks has become increasingly challenging, particularly as agencies engage a broader ecosystem of employees, contractors, creators, and influencers.
Topics Covered
Employee versus independent contractor classification
Compensation and payment compliance considerations
California-specific workforce requirements
Background checks and screening practices
Risk management when engaging creators and influencers
Speakers: Wendy Stryker and Tiffany Caterina
4:15 PM - 4:25 PM
Networking & Refreshment Break
4:25 PM - 5:05 PM
Practical Approaches to Contracting, Governance, and Compliance Strategies
As the legal and regulatory environment continues to evolve, agencies must adopt practical operational safeguards that reduce risk and help avoid costly disputes.
Topics Covered
Contracting strategies to mitigate business risk
Risk allocation and indemnification provisions
Ownership and rights-management considerations
Internal governance and approval procedures
Vendor management and oversight
AI governance frameworks
Updating contracts, policies, and workflows to address emerging AI-related risks
Creating practical review processes that reduce liability exposure
Speakers: Matthew Vittone and Andrew Folks
5:05 PM - 5:40 PM
Advertising Technology: Emerging Risks for Agencies
The rapid growth of privacy litigation involving digital tracking technologies is creating new legal challenges for the advertising industry. This session will explore the evolving litigation landscape, the potential exposure of advertising agencies, and practical steps agencies can take to protect themselves and their clients.
Topics Covered
Emerging class action and regulatory risks involving tracking technologies
When advertising agencies may face liability for client websites, apps, marketing pixels, and data collection practices
Allocating risk through client contracts, indemnification, and insurance
Practical strategies for reducing litigation risk without compromising marketing effectiveness
Speakers: Matt Pearson and Caren Decter
5:45 PM - 7:15 PM
Cocktail Reception
Networking reception for agency executives, speakers, sponsors, investors, and advisors.
Deadline mentions Victoria Cook as counsel to New York Times bestselling author Kimberly McCreight. View Article
September 23, 2021
Deadline mentions Frankfurt Kurnit as counsel to Alysa Reiner who is cast in the audio superhero origin story, ”The Beautiful Liar.” View Article
September 21, 2021
After months in beta, Apple is releasing iOS 15 to the public. Building upon the Privacy Nutrition Labels and App Tracking Transparency (ATT) framework introduced in iOS 14.5, iOS 15 introduces new privacy controls that will impact brand marketing initiatives and the ad tech ecosystem. Although these controls are not an iOS 14.5-caliber seismic event, they are yet another example of how platform providers have become de facto regulators of privacy. Read more.
September 20, 2021
Reuters mentions Frankfurt Kurnit in their coverage of Netflix’s new series, “Partner Track” based on Helen Wan’s 2013 novel of the same name. View Article
September 16, 2021
One News Page shared Wendy Stryker’s article, "Employers Must Implement NY HERO Act Safety Plans Now." View Article
September 16, 2021
Crain’s New York, The New York Law Journal, Law360, and The New York Real Estate Journal covered the news that Larry Welch joined the firm as a partner and chair of our real estate group. View Article
September 15, 2021
Bloomberg Law quotes Ronald C. Minkoff on court reactions to the complaints filed against Rudy Giuliani. View Article
September 14, 2021
The Hollywood Reporter mentions Frankfurt Kurnit as counsel to Tom McCarthy. View Article
September 14, 2021
Frankfurt Kurnit has added Larry Welch as a partner in the firm’s Real Estate Group. Read more.
September 13, 2021
The Media Law Resource Center’s MediaLawLetter published Jeremy S. Goldman’s article, “Dr. Seuss / Star Trek Mashup Case Heads to Trial After Fair Use Roller Coaster Ride.” View Article
September 13, 2021
Deadline mentions Marcie Cleary as counsel to X Mayo. View Article
September 13, 2021
Law360 quotes Ronald C. Minkoff on ethical concerns raised due to a connection between the mayor of Buffalo and a U.S. District Judge. (Behind paywall) View Article
September 9, 2021
The American Lawyer quotes Tyler Maulsby on the American Bar Association’s newly released ethics opinion on passive investment in alternative business structures. (Behind paywall) View Article
September 9, 2021
On September 6, 2021, Governor Kathy Hochul designated COVID-19 as an airborne infectious disease under the HERO Act. This designation requires all employers to implement workplace safety plans that are in compliance with HERO Act standards. Read more.
September 8, 2021
Illinois News mentions Terri Seligman and Kelly O’Donnell’s blog post, “Quebec: Don’t Exclude Any More!” View Article
August 27, 2021
Deadline mentions Victoria Cook as counsel to filmmaker Rebeca Huntt who signed with UTA. Her debut feature documentary "Beba" will have its world premiere at the Toronto Film Festival in September. View Article
August 26, 2021
Variety mentions Amy Nickin as counsel to Brian D’Arcy James who stars in the film “The Cathedral." View Article
August 26, 2021
Shoot Online features Brian Murphy’s blog post, “Lawsuit Challenging (Mis)Use of Academy Award Statuette Survives Motion to Dismiss.” View Article
August 25, 2021
For the 11th year, Crain's New York Business includes Frankfurt Kurnit on its annual list of the 100 Best Places to Work in New York City. View Article
August 23, 2021
The Business of Business interviews Marcie Cleary on the legal matters that arise when representing social media content creators. View Article
August 23, 2021
Law360 mentions Frankfurt Kurnit as counsel to Anthony Mangieri. (Behind paywall) View Article
August 20, 2021
We are pleased to report that Best Lawyers — the oldest and one of the most respected peer reviewed lawyer recommendation services — continues to recommend Frankfurt Kurnit. Read more.
August 19, 2021
CQ Roll Call quotes Jeffrey A. Greenbaum on the Federal Trade Commission’s rulemaking procedures. (Behind paywall) View Article
August 6, 2021
The Los Angeles Business Journal includes Frankfurt Kurnit on its list of the 100 Best Places to Work in Los Angeles. View Article
August 5, 2021
The Wrap covers former Frankfurt Kurnit partner Tom Rothman’s promotion to CEO of Sony Pictures. View Article
August 4, 2021
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