Detroit Regional Chamber Reports Economy Continuing Upward Trajectory

December 4, 2018

DBusiness

By: Tim Keenan

The Detroit region’s economy continued to improve during the past year in just about every measurable category, according to officials from the Detroit Regional Chamber at its annual Economic and Automotive Outlook today at Ford Field.

The chamber reports year-over-year growth that outpaces the national average in real gross domestic product, per capita income, exports, patents, median home values, and residential construction permits.

“The region’s progress over the past year is prevalent throughout the report, having outpaced the national average in many key areas including real gross domestic product and per capita income,” says Sandy K. Baruah, president and CEO of the Detroit Regional Chamber. “Last year alone, per capita income rose by 4.3 percent in the region.”

Real GDP in the region increased 2.7 percent versus year-ago figures. Per capita income grew 4.3 percent. Exports jumped 8.1 percent. Patents moved up 8.8 percent. Median home values improved 6.8 percent. Residential construction permits increased 31.7 percent compared to 2017.

For the first time since the recession, office vacancy rate in the region (9.5 percent) fell below the national vacancy rate (10 percent).

“For the second year in a row, foreign direct investment in the region was more than $2 billion,” says Baruah. “With a robust and innovative automotive and technology ecosystem, southeast Michigan continues to prove that its leading industries can evolve and thrive. But this report not only highlights where the region is performing well, it also showcases areas for continued improvement.”

One of those areas is the poverty rate, which is at 34 percent, even after five years of improvement. Educational attainment also is an area in which the region continues to lag behind despite a 1.2 percent increase compared to a year ago. That increase, however, was the largest year-over-year gain since the report’s inception, and the area’s population with an associate’s degree or higher grew by 3.8 percent compared to last year.

“While progress is being made, we cannot take our eye off the prize,” says Baruah. “We need to ensure the region’s citizens have access to education and jobs, and are healthy to compete in a 21st century economy. This is a top priority of the Chamber Foundation’s economic development strategy, which is committed to making meaningful progress to address the region’s challenges.

“Detroit has recovered, and the region’s future looks bright,” he continues. “Through regional collaboration and continued support from civic, business, and government leadership, the city, region, and state will continue to thrive.”

View the original article here

 

Berry Moorman attorneys honored as dbusiness Top Lawyers in Metro Detroit for 2018

Six Berry Moorman attorneys have been recognized as Top Lawyers in Metro Detroit 2018 by dbusiness magazine:

  • Donald F. Carney Jr. – Trusts and Estates
  • David M. Foy – Health Care Law
  • Sheryl A. Laughren – Labor and Employment Law
  • John J. Schrot Jr. – Family Law
  • Thomas M. Sullivan – Nonprofit/Charities Law
  • Harvey B. Wallace – Nonprofit/Charities Law

This year’s Top Lawyers were selected based on a peer review survey of 19,000 attorneys in Wayne, Oakland, Macomb, Washtenaw, and Livingston counties. Each surveyed attorney was asked to nominate lawyers among 48 legal specialties.

Former Berry Moorman attorneys honored by dbusiness include: Robert W. Morgan (Labor and Employment Law), George H. Runstadler III (Corporate Law), Mark E. Straetmans (Business Litigation, Real Estate), and Randolph M. Wright (International Trade Law).

About Berry Moorman
Since 1926, Berry Moorman P.C. has proudly served as trusted advisors to businesses, business owners, individuals, and families who rely on the firm for sage advice and practical solutions.  One of Michigan’s oldest law firms with offices in Detroit, Birmingham, and Ann Arbor, its practice includes business and corporate law, estate and succession planning, family law, labor and employment, litigation, non-profit law, real estate, tax, and international law.

Five Foster Swift Attorneys Named to dbusiness 2018 Top Lawyers

Foster Swift attorneys Alexander A. Ayar, Julie I. Fershtman, Lisa J. Hamameh, Frank T. Mamat and Jonathan H. Schwartz have been named to the 2018 Top Lawyers list by dBusiness magazine, Detroit’s premier business journal.

Alex Ayar is listed as a Top Lawyer in the area of Commercial Litigation, concentrating his practice on complex litigation matters involving business, data privacy and cyber security, non-competes, real estate and entertainment. Alex practices in the Southfield and Detroit offices of Foster Swift.

Julie Fershtman is listed in the area of Insurance Law and practices in the areas of insurance defense, insurance coverage, commercial litigation, and equine law. She has successfully represented insurers on coverage cases and matters around the country. Julie practices in the Southfield and Detroit offices of Foster Swift.

Lisa Hamameh is listed as a Top Lawyer in the category of Land Use and Zoning law. She compliments her practice in the following related areas: municipal law, representing cities, townships and villages; liquor licensing law, representing business owners; as well as condominium and homeowners’ association law. Lisa practices in Foster Swift’s Southfield office.

Frank Mamat is listed in the area of Labor and Employment Law. Frank is one of the nation’s preeminent labor law attorneys and focuses his practice on complex labor issues such as union matters and unfair labor practice litigation. Frank practices in the Southfield and Detroit offices of Foster Swift.

Jonathan Schwartz is listed as a Top Lawyer in the area of Commercial Litigation. Jonathan’s practice focuses on representing companies and individuals in business, complex commercial, employment, real estate and entertainment litigation matters. Jonathan practices in the Southfield and Detroit offices of Foster Swift.

This is the second year in a row that all five attorneys were listed as Top Lawyers.

For more information on dbusiness Top Lawyers, visit www.dbusiness.com/Top-Lawyers/

 

65 Bodman Attorneys named “Top Lawyers 2018” by DBusiness Magazine

Detroit-based business publication DBusiness Magazine has named 65 Bodman PLC attorneys to its 2018 “Top Lawyers” list.

To compile the 2018 list, DBusiness polled more than 19,000 attorneys in Wayne, Oakland, Macomb, Washtenaw, and Livingston counties. Each attorney was asked to nominate lawyers among 48 legal specialties.

Bodman attorneys were recognized in 32 different practice areas.  The listed Bodman lawyers appear below by practice area.

Appellate Law

Thomas P. Bruetsch

James J. Walsh

Arbitration

Thomas J. Tallerico

Banking and Financial Services Law

David C. Bosman

Barbara A. Bowman

Daniel J. Canine

Robert J. Diehl, Jr

Scott P. Gyorke

Kathleen O’Callaghan Hickey

Joseph J. Kochanek

Larry R. Shulman

Wendy L. Zabriskie

Bankruptcy and Creditor/Debtor Rights Law

Marc M. Bakst

Robert J. Diehl, Jr.

Ralph E. McDowell

Jaimee L. Witten

Commercial Law

Courtland W. Anderson

Gene P. Bowen

Mark W. Peters

David C. Stone

Construction Law

Harvey W. Berman

Copyright Law

Susan M. Kornfield

Michael J. Serra

Corporate Law

Gene P. Bowen

Timothy R. Damschroder

Forrest O. Dillon

Carrie Leahy

David C. Stone

Employee Benefits Law

Rebecca D’Arcy O’Reilly

Charles M. Russman

David B. Walters

Environmental Law

Fredrick J. Dindoffer

Nathan D. Dupes

Food and Beverage Law

Christopher Bernard

Franchise Law

Courtland W. Anderson

Health Care Law

Brandon M. Dalziel

William S. Shipman

Information Technology Law

Andrew J. Schuster

Insurance Law

Michelle Thurber Czapski

Labor and Employment Law

John C. Cashen

Aaron D. Graves

Christopher P. Mazzoli

Karen L. Piper

Maureen Rouse-Ayoub

Land Use and Zoning

Sandra Sorini-Elser

Legal Malpractice Law

George G. Kemsley

Litigation- Banking and Finance

Adam Behrendt

Thomas P. Bruetsch

Joseph J. Shannon

Thomas J. Tallerico

Litigation- Commercial

Dennis J. Levasseur

Jeffrey G. Raphelson

Joseph J. Shannon

Thomas J. Tallerico

Litigation- Insurance

Michelle Thurber Czapski

Jason R. Gourley

Thomas Van Dusen

Litigation- Intellectual Property

Susan M. Kornfield

Litigation- Real Estate

Michelle Thurber Czapski

Jason R. Gourley

Thomas Van Dusen

Mergers and Acquisitions Law

Gene P. Bowen

Timothy R. Damschroder

Laurence B. Deitch

Forrest O. Dillon

Municipal Law

Barbara A. Bowman

Dennis J. Levasseur

Nonprofit/Charities Law

Celeste E. Arduino

Christopher J. Dine

Joseph J. Kochanek

Public Finance Law

Carl F. Stafford

Real Estate Law

Timothy P. Bliss

Gregory J. Gamalski

Nicholas P. Scavone

Sandra Sorini Elser

Andrew Z. Spilkin

Securities Law

Barbara A. Bowman

Mark W. Peters

Tax Law

Michael M. Antovski

Jerrold M. Bigelman

Anthony P. Cracchiolo

Andrew H. Curoe

Christopher J. Dine

Trade Secrets

Susan M. Kornfield

Trusts and Estates

Anthony P. Cracchiolo

Andrew H. Curoe

David M. Hempstead

David P. Larsen

Marguerite Munson Lentz


About Bodman

Bodman PLC is one of the Midwest’s leading business law firms, providing counsel to some of the region’s most successful companies and wealthiest individuals on a broad range of issues. Deeply rooted in the communities they serve, Bodman lawyers provide clients with the personal attention of a small firm combined with the talent and knowledge expected of the nation’s leading attorneys. To learn more, visit www.bodmanlaw.com.

DBusiness names Plunkett Cooney attorneys among Top Lawyers

Based on a peer-review survey open to all metro Detroit lawyers, DBusiness magazine recently named 11 attorneys from Plunkett Cooney, one of the Midwest’s oldest and largest law firms, to its 2017 list of “Top Lawyers.”

The DBusiness Top Lawyers list is based on thousands of votes that were cast to honor attorneys for excellence in 48 practice areas. There is no commercial relationship to the listings, and no payment is required to be listed and listings cannot be purchased.

Below is a list of Plunkett Cooney’s attorney who received the 2017 DBusiness Top Lawyer designation:
• D. Jennifer Andreou (Partner, Detroit) – Medical Malpractice Law
• Douglas C. Bernstein (Partner, Bloomfield Hills) – Bankruptcy and Creditor/Debtor Rights Law, Banking and Financial Service Law
• Charles W. Browning (Partner, Bloomfield Hills) – Insurance Law
• Jeffrey C. Gerish (Partner, Bloomfield Hills) – Appellate Law
• James R. Geroux (Of Counsel, Detroit) – Workers’ Compensation Law
• Robert G. Kamenec (Partner, Bloomfield Hills) – Appellate Law
• Mary Massaron (Partner, Bloomfield Hills) – Appellate Law
• Megan P. McKnight (Senior Attorney, Bloomfield Hills) – Information Management & Discovery Law
• Saulius K. Mikalonis (Senior Attorney, Bloomfield Hills) – Environmental Law
• Stanley A. Prokop (Of Counsel, Detroit) – Insurance Law
• Mary Catherine Rentz (Partner, Detroit) – Insurance Law

DBusiness is the region’s only independently published, general-interest business magazine. It provides timely, local business intelligence and insights to over 150,000 readers, including business owners and decision-makers throughout metro Detroit.

Established in 1913, Plunkett Cooney employs 150 attorneys in nine Michigan cities, Chicago, Illinois; Columbus, Ohio and Indianapolis, Indiana. The firm, which provides a range of transactional and litigation services, has achieved the highest rating (AV) awarded by Martindale-Hubbell, a leading, international directory of law firms. Plunkett Cooney also has numerous honors as one of metro Detroit’s great places to work.

For more information about Plunkett Cooney’s 2017 DBusiness “Top Lawyers,” contact the firm’s Director of Marketing & Business Development John Cornwell at (248) 901-4008; jcornwell@plunkettcooney.com.

– End –

Rehmann COO Stacie Kwaiser recognized on DBusiness’ 2016 ‘Powered by Women’ list

Rehmann COO Stacie Kwaiser, CPA, has been named to the 2016 DBusiness “Powered by Women” list. Each year, DBusiness spotlights female business leaders who are driving profits, adding employees and creating new opportunities in Southeast Michigan. Kwaiser and seven other industry leaders were honored at a special breakfast on August 30 at the Great Lakes Culinary Center in Southfield, Michigan.

“I’m grateful to be recognized by DBusiness’ ‘Powered by Women’ alongside such a distinguished group of women,” said Kwaiser. “This program highlights dynamic women and their progress toward equal leverage and opportunities in the workforce. I’m also very fortunate to work at a firm that is purposeful about enabling the success of the women on its team.”

Kwaiser assumed the role of Rehmann’s COO at the start of 2016. Since then, her leadership has fostered the continued business growth and professional development of Rehmann’s team of 800 associates. Her focus on developing specific niches has helped drive business, while her efforts to support her team in increasing efficiency and delivering exceptional client service has improved profitability.

“Stacie has been with our firm for two decades, and during this time she has consistently demonstrated true leadership characteristics,” said Rehmann CEO Randy Rupp. “During her tenure, she served on the firm’s audit and assurance team and as a regional managing principal, and played a vital role in developing some of our leadership training programs. Additionally, she is an active member of Rehmann’s Women in Networking council and is dedicated to mentoring our emerging leaders.”

Kwaiser’s mentoring activities extend outside of the firm, as well. She was previously a president and board member of the YWCA Great Lakes Bay Region. Kwaiser also supports professional organizations, such as the Michigan Association of Certified Public Accountants, where she started a three-year board of directors term in September 2015.

About Rehmann

Rehmann is a fully integrated financial services firm of CPAs and consultants, wealth advisors and corporate investigators dedicated to providing clients proactive ideas and solutions to help them prosper professionally and personally. The firm offers a cross-functional team approach that gives clients direct access to a professional in any available service. Rehmann is ranked as the 30th largest firm in the United States, with nearly 800 associates in Michigan, Ohio and Florida. Rehmann is an independent member of Nexia International, offering clients a global approach.

Find us online at rehmann.com.

Plunkett Cooney Attorneys Listed Among DBusiness Top Lawyers

DBusiness magazine recently named 11 attorneys from Plunkett Cooney, one of the DBusiness Top Lawyers 2016Midwest’s oldest and largest law firms, to its 2016 list of “Top Lawyers.”

The DBusiness Top Lawyers list is based on a peer-review survey open to all area lawyers. Thousands of votes were cast honoring attorneys for excellence in 50 practice areas. There is no commercial relationship to the listings. No payment is required to be listed and listings cannot be purchased.

Below is a list of Plunkett Cooney’s attorney who have received the 2016 DBusiness Top Lawyer designation:

D. Jennifer Andreou (Partner, Detroit) – Medical Malpractice Law

Michael P. Ashcraft Jr. (Partner, Bloomfield Hills) – Professional Malpractice Law

Douglas C. Bernstein (Partner, Bloomfield Hills) – Bankruptcy and Creditor/Debtor Rights Law, Banking and Financial Service Law

Charles W. Browning (Partner, Bloomfield Hills) – Insurance Law

James R. Geroux (Partner, Detroit) – Workers’ Compensation Law

Mary Massaron (Partner, Bloomfield Hills) – Appellate Law

Megan P. McKnight (Associate, Bloomfield Hills) – Information Management & Discovery Law

Saulius K. Mikalonis (Senior Attorney, Bloomfield Hills) – Environmental Law

Kenneth C. Newa (Partner, Bloomfield Hills) – Insurance Law

Stanley A. Prokop (Partner, Detroit) – Insurance Law

Anthony J. Rusciano (Partner, Bloomfield Hills) – Health Care Law

DBusiness is the region’s only independently published, general-interest business magazine. It provides timely, local business intelligence and insights to over 150,000 readers, including business owners and decision-makers throughout metro Detroit.

Established in 1913, Plunkett Cooney employs 150 attorneys in nine Michigan cities, Columbus, Ohio and Indianapolis, Indiana. The firm, which provides a range of transactional and litigation services, has achieved the highest rating (AV) awarded by Martindale-Hubbell, a leading, international directory of law firms. Plunkett Cooney also has numerous honors as one of metro Detroit’s great places to work.

For more information about Plunkett Cooney’s 2016 DBusiness “Top Lawyers,” contact the firm’s Director of Marketing & Business Development John Cornwell at (248) 901-4008; jcornwell@plunkettcooney.com.

 

Heather Zara, Founder + CEO of Zara Creative, recognized by DBusiness; 30 in Their Thirties

Founder and CEO | Zara Creative, Troy | Employees: 9 | Revenue: NA | Michigan State University

Heather Zara’s friends thought she was crazy to quit her 10-year sports broadcasting career to open a video company that specializes in TV commercials, branding videos, philanthropic films, and weddings.

“It’s funny because I never thought I’d be an entrepreneur, but I was always fascinated with why people became successful,” Zara says.

She started with zero funding but, in just over three years, Zara Creative has grown to serve more than 500 clients ranging from nonprofits to Fortune 500 companies. It has nearly doubled its sales every year.

Zara estimates that weddings make up about 35 percent of her business. They’ve taken her and her crew to far-flung destinations like Cancun and Miami, and in Michigan to Petoskey and Glen Arbor. Because her business has grown so much, Zara recently turned over supervision of the wedding portion of her firm to one of her employees.

Zara, meanwhile, maintains direct responsibility for the rest of the business. “It’s really cool because it almost ties back to my days as a reporter,” she says. “Every time I work with a client I get to learn about their business.”

The video storyteller prides herself on always trying to push the creative envelope for clients. One client, a lawyer, wanted a commercial shot in his library, with him standing in front of shelves of law journals.

“After he told us what he was looking for, I asked him if he was married to that idea,” Zara says. “I just thought we could do something more creative.”

Instead, she made a commercial intended to make the attorney’s target audience laugh. “The lawyer wasn’t even in it,” she recalls. “He ended up getting a ton of new business and we won a national award.”

Zara says her philanthropic efforts are a driving force in her life: She works with more than 30 Detroit-area nonprofits, serves on committees for the Boy Scouts of America, and is one of the sponsors of the newly-relocated Ronald McDonald House at the Detroit Medical Center.

IPS Technology Services’ President Pradip Sengupta Interviewed by dbusiness about Opportunities in Healthcare IT Consulting

TROY, Mich., December 3, 2014 –IPS Technology Services’ President and CEO Pradip Sengupta was recently interviewed by dbusiness to discuss his views on upcoming opportunities in Healthcare IT Consulting.

In the interview, which was published on Tuesday in dbusiness’ Daily News publication, Sengupta highlighted changes in the healthcare industry, the areas where he sees the most opportunity for growth and various patient benefits resulting from the integration of healthcare records. The IPS Technology Services CEO also gave advice to employers looking to hire IT talent.

To read the complete interview on dbusiness’ website, visit: http://www.dbusiness.com/daily-news/Annual-2014/Five-Qs-Pradip-Sengupta-on-the-Opportunities-in-Health-Care-IT-Consulting/.
IPS Technology Services offers Healthcare IT implementation and consulting as one of many services to its clients. Please feel free to contact them at info@ipstechnologyservices.com or call 248-526-9000.

About IPS Technology Services

IPS Technology Services provides end-to-end IT services. IPS develops custom applications using state of the art tools such as .Net, C#, VB, SaaS, SOA, Oracle, SQL Server, and/or by using third party software. IPS provides IT services in the following six areas:

1. IT Staffing (SharePoint, Oracle, Java, Dot Net, SQL Server, SAP, PM)
2. Technology Consulting, SharePoint, Enterprise Architecture, Best Practices
3. Web based Enterprise and Mobile Application Development and Integration
4. Healthcare IT with EHR and Practice Management implementation
5. Engineering IT services
6. Website development, Digital Marketing, and Social Media

For more information on IPS Technology Services, please call 248-526-9000, send an email to info@ipstechnologyservices.com or click www.ipstechnologyservices.com.

Dickinson Wright Attorney Allison Bach Named a 2014 Top Young Lawyers by Dbusiness

DETROIT, Mich., August 25, 2014 – Dickinson Wright is pleased to announce that Bankruptcy Attorney Allison R. Bach has been selected as one of six “Top Young Lawyers” by Dbusiness magazine for 2014. Dbusiness’s “Top Young Lawyers” feature honors six up-and-coming attorneys in the Metro Detroit area for their achievements in private practice as nominated by their peers. Ms. Bach is featured in a profile in the July-August 2014 issue of Dbusiness magazine out on newsstands now.

Ms. Bach, a member in the firm’s Detroit office, told Dbusiness that while she finds the practice of bankruptcy law rewarding, she admits it can be difficult to remember the other side of a case – which, in most situations, is the borrower. “The challenge is to remember the people,” she says in the profile. “Bankruptcy is a bad situation for everyone involved, but you have to make the best out of that bad situation.”

Ms. Bach’s practice focuses on advising and representing secured lenders and other creditors in out-of-court workouts and restructurings, bankruptcy proceedings and enforcement litigation. Additionally, she has experience in counseling aviation lenders in the repossession and disposition of aircraft.

Ms. Bach is a member of the State Bar of Michigan, the Federal Bar Association – Eastern District Michigan Chapter, the Turnaround Management Association, and the American Bankruptcy Institute. She also serves as a Board Member for the Michigan Chapter of the International Women’s Insolvency & Restructuring Confederation. Ms. Bach has been recognized by Michigan Super Lawyers, Michigan Super Lawyers “Rising Star” and has also been listed in Dbusiness Top Lawyers.

She received her B.A. from University of Michigan, her M.S. from Cleveland State University Levin College of Urban Affairs, and her J.D. from Wayne State University Law School.

About Dickinson Wright PLLC
Dickinson Wright PLLC is a full-service law firm with more than 40 practice areas. Founded in 1878, Dickinson Wright PLLC has over 350 lawyers in offices located in Detroit, Troy, Grand Rapids, Ann Arbor, Lansing, and Saginaw, Mich.; Columbus, Ohio; Las Vegas, Nev.; Nashville, Tenn.; Phoenix, Ariz.; and Washington, D.C. Dickinson Wright LLP has over 35 lawyers in Toronto, Canada.