In the Press: Quoted
God vs. Gridiron
Rick Kurnit was quoted in the February 2, 2008 Wall Street Journal article, "God vs. Gridiron." View Article
February 2, 2008
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.
Rick Kurnit was quoted in the February 2, 2008 Wall Street Journal article, "God vs. Gridiron." View Article
February 2, 2008
The New York Professional Responsibility Report featured Ronald C. Minkoff's article, "Who's My Client? Part I - The Intermittent Client" in its February 2008 edition.
February 1, 2008
The New York State Bar Association, Entertainment, Arts and Sports Law Journal published Sean F. Kane's article, "Virtual Worlds, Digital Economics and Synthetic Crimes", in its January 2008, Vol. 19, No. 1 special edition.
January 31, 2008
Rick Kurnit was quoted in the January 22, 2008 MediaPost article, "Scientologists Threaten Gawker Media With Legal Action Over Cruise Video." View Article
January 22, 2008
Crain in its "Executive Moves" column, Variety in its "Executive Shuffle" column, and The New York Law Journal in its "News in Brief" column all mentioned Amy Nickin's promotion to Partner in Frankfurt Kurnit's Entertainment Group.
January 19, 2008
Lisa E. Davis' article, "Intransigence on Diversity" appeared in the December/January edition of The Network Journal.
January 15, 2008
The Courier Journal mentioned Lisa E. Davis in "Local Writer Claims Spike Lee Stole Script".
January 14, 2008
O’Dwyer’s PR published Gavin McElroy's article "Pricing Services to Increase Revenues" on its website.
January 9, 2008
E-commerce Law and Policy published Sean F. Kane's article "Passporting of Avatars and Property Between Virtual Worlds" in its December 2007, Vol. 9 issue.
December 31, 2007
Virtual Worlds Management published "Virtual Worlds Management Industry Forcast 2008", a peice Sean F. Kane contributed to as an author.
December 31, 2007
The New York Law Journal listed Brian Maas as counsel to the Barbara King Family Trust in its "Appellate Division Decision" column.
December 24, 2007
Black Enterprise magazine quoted Lisa Davis in its December article "The Rise of Independent Music".
December 1, 2007
Shoot magazine quoted Candice Kersh on "The Ownership Of Ideas - Panelists Discuss New Business And Compensation Models", a panel which she moderated.
November 30, 2007
C-Span re-aired the The City Bar Association Forum on First Amendment, in which Rick Kurnit took part, on November 28, 2007.
November 28, 2007
CNETNews.com quoted Brian Murphy extensively in its article, "Legally, Are Facebook's Social Ads Kosher?"
November 15, 2007
Rick Kurnit received praised from Richard Kirshenbaum, founder of advertising agency Kirshenbaum Bond + Partners, in the November 12, 2007 Adweek article, "King Richard's 20-Year Reign."
November 12, 2007
Brian Lehrer interviewed Candice Kersh was interviewed on on user-generated content and new development in advertising.
November 7, 2007
Two advertisers recently received a little more leeway to flex their collective funny bone–even when competitors were the butt of their jokes. Read more.
October 26, 2007
Author and former CIA operative Valerie Plame Wilson acknowledged Lisa Davis in the book, Fair Game: My Life as a Spy, My Betrayal by the White House.
October 22, 2007
Michael Frankfurt's photograph with The Creative Coalition's prominent members -- including Heather Graham, Sean Penn, and Tony Godwyn-- appeared in The Hamptons Magazine's Fall 2007 issue, accompanying the article, "Here's Your Cue." Mr. Frankfurt is the Chairman of the Board of Directors of The Creative Coalition.
October 1, 2007
New York Daily News, New York Post, St. Paul Pioneer Press, Albany Times Union, CBS 5, and the San Jose Mercury News all quoted Ronald C. Minkoff on the development of Norman Hsu's assets being frozen by a New York judge. Frankfurt Kurnit represents Source Financial Investors LLC, in the lawsuit against Mr. Hsu.
September 26, 2007
Rick Kurnit's article "Reward Ad Stars for Value, Results" was published in Advertising Age's Career Guide edition on September 24, 2007.
September 24, 2007
The Los Angeles Times, The New York Times, and Contra Costa Times all quoted Ronald Minkoff on a lawsuit Source Financial Investors LLC filed against Norman Hsu. Read more.
September 21, 2007
The New York Law Journal featured Linda Wank and Elisabeth Cavanagh's "The Lasting Effect of Star Power" as the lead article in the Trusts & Estates section of its September 17, 2007 publication.
September 17, 2007
Inside Edition interviewed Trust and Estates expert Linda Wank to answer questions about Leona Helmsley's will.
August 29, 2007
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