In the Press: Praise
Best Places to Work in Los Angeles 2023
The Los Angeles Business Journal ranked Frankfurt Kurnit the #2 medium-sized business on its list of the 100 Best Places to Work in Los Angeles. View Article
August 11, 2023
Creating Enterprise Value: AI, Talent, Risk & Growth Strategies for Agency Leaders:
A Business Conference for Agency CFOs, CEOs, Presidents, Managing Principals & Owners
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.
The Los Angeles Business Journal ranked Frankfurt Kurnit the #2 medium-sized business on its list of the 100 Best Places to Work in Los Angeles. View Article
August 11, 2023
Khasim Lockhart is listed as a "Rising Star" by the New York Law Journal in their 2023 New York Legal Awards. Read more.
August 10, 2023
On August 2, the National Labor Relations Board issued a decision, Stericycle Inc. and Teamsters Local 628, that creates a new legal standard for how the NLRB will evaluate workplace rules and policies to determine if such rules interfere with employees’ protected rights to engage in concerted workplace activity under Section 7 of the National Labor Relations Act. Read more.
August 8, 2023
The Wall Street Journal published Ronald C. Minkoff’s opinion letter on the idea of implementing a mandatory code of ethics for Supreme court judges. Ron explicitly submitted the letter on behalf of the New York County Lawyers Association. The full letter is here. View Article
August 5, 2023
Law360 mentions Maura J. Wogan and Nicole Bergstrom as counsel to Youtube star MrBeast's Beast Investments, who claims food delivery company Virtual Dining Concepts has tarnished his reputation by serving low-quality food for his MrBeast Burger restaurant. View Article
August 3, 2023
On July 26, 2023, the Securities Exchange Commission (“SEC”) approved final Rules entitled Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure (the “Rules”). The Rules require certain cybersecurity incident disclosures on Form 8-K, generally within 4 business days after the determination that a cybersecurity incident is material. Read more.
August 1, 2023
Culture3 quotes Jeremy S. Goldman on the rising popularity of “headless brands” in the blockchain community. Read more.
July 31, 2023
Marketing Edge covered the International Advertising Association’s fireside chat where Jeffrey A. Greenbaum spoke with Molly Fluet, Media Solutions Executive at POLITICO. Jeff and Molly discussed the increasing need for brands and businesses to engage in political and policy issues, the associated risks of remaining silent, and the importance of understanding the entire ecosystem in policy communications. View Article
July 29, 2023
Law360 includes Frankfurt Kurnit in their survey of law firms continuing to diversify their attorney ranks. See Frankfurt Kurnit’s ranking in the 101-250 attorney category here and here. (Behind paywall)
July 26, 2023
The ARPP covers Jeffrey A. Greenbaum’s interview with the organization during the 2023 Cannes Lions International Festival of Creativity. Jeff discusses the major issues marketers are facing, the rise of influencer marketing, and advertising regulation across borders. View Article
July 24, 2023
Lawyers of Color included Lisa E. Davis, Khasim Lockhart, Terri Seligman, and Wendy Stryker as 2023 Law Firm Diversity Professionals. Law Firm Diversity Professionals is a comprehensive directory of diversity legal professionals and law firm BIPOC affinity group chairs/co-chairs. Diversity professionals recognized may be of any race or ethnic background. View Article
July 24, 2023
Rick Borden wrote the article, “NYDFS Changes Its Cybersecurity Regulation Requirements Through Enforcement – Again” published in Cybersecurity Law Report. Read more.
July 21, 2023
Law360 quotes Tyler Maulsby on a recent Florida Bar initiative offering all Florida attorneys a free client trust accounting management service. Read more.
July 20, 2023
Lawyers of Color included Larissa Calva Ruiz in their 2023 “Wonderful Women” list, which recognizes dynamic women attorneys who excel in their careers and show a passion for diversity. Read more.
July 20, 2023
Lawyers of Color included Ashley K. Alger and Alycia S. Tulloch in their 2023 “Hot List,” which recognizes junior and mid-level attorneys who exemplify integrity, high-achievement, leadership, and a passion for diversity. Read more.
July 20, 2023
AdWeek quotes Jeffrey A. Greenbaum on the validity of brands using the term, 'recyclable' in advertising. Read more.
July 19, 2023
We are proud to once again be named by Vault as one of the “Top 150 Under 150” midsize law firms in New York and one of the “Best Law Firms for Media, Entertainment & Sports.” Additionally, we are recognized as a best midsize law firm for our firm culture, employee relations, training, hours, and transparency. View Article
July 12, 2023
Law360 mentions John B. Harris as a presenter for an ethics webinar designed for in-house and outside corporate counsel hosted by The New York City Bar Association. View Article
July 10, 2023
Kimberly Maynard is listed to World Intellectual Property Review’s Leaders Directory 2023. WIPR Leaders is a one-stop guide to the leading IP practitioners in the world. View Article
July 7, 2023
Law360 covers Melanie Tomanov’s arrival to Frankfurt Kurnit. (Behind paywall) View Article
July 7, 2023
Law360 mentions Ronald C. Minkoff, Tyler Maulsby, and Ashley Alger as counsel to attorney Steven Schwartz and his firm Levidow Levidow & Oberman, who submitted a brief prepared by artificial intelligence that cited nonexistent case law. (Behind paywall) View Article
July 7, 2023
The Wall Street Journal quotes Jeffrey A. Greenbaum on the new FTC guidelines for endorsements, which advises businesses on ensuring all users see that a post is sponsored clearly. Read more.
July 6, 2023
The Markup quotes Daniel M. Goldberg on the use of "data clean rooms" including proper implementation, privacy concerns, and their effectiveness in privacy regulation. Read more.
July 5, 2023
Variety covers Melanie Tomanov's arrival to Frankfurt Kurnit. View Article
July 5, 2023
Frankfurt Kurnit has added Melanie Tomanov as a partner in the firm's Entertainment Group. Read more.
July 5, 2023
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