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Bean, Kinney & Korman embraces a culture of service to its clients, its community and its profession. As a full-service, multi-disciplinary law firm, our attorneys provide versatile and experienced legal counsel to business and individual clients throughout the Washington, D.C. metropolitan region and other jurisdictions throughout the country from our offices in Arlington, Virginia.
For over six decades, we have distinguished ourselves by our commitment to our shared value of service as professionals, colleagues and citizens.
Lawyer Spotlight
Philip M. Schwartz
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Philip Schwartz is a shareholder at Bean, Kinney & Korman who represents emerging and established businesses with general matters including the purchase, sale and operations of the business. He...
Professional Profile >>
Highlights
What to Expect When You’re Inspecting
Buying or selling a house is a monumental milestone, often accompanied by a mix of excitement and anxiety. Among the many steps in a real estate transaction, home inspections play a critical role. For buyers, these inspections offer an opportunity to understand the condition of the property they are purchasing, while sellers must prepare for the insights such inspections may… Read more
Corporate Transparency Act is Blocked by Texas Federal Court
UPDATE – 12/10/24 After initial publication and contrary to the information below, FinCEN has now updated their website indicating reporting companies were not required to file at this time and that entities will not be subject to liability for failure to report during the injunction. The relevant section states: While this litigation is ongoing, FinCEN will comply with the order… Read more
Dividing Complex Assets in a Divorce: The Role of Forensic Accountants in High-Asset Divorces (Part 1 of 3)
Welcome to our three-part series on navigating the complexities of high-asset divorces. In cases involving significant financial holdings, retirement accounts, and high-value personal assets, achieving a fair division often requires an expert in forensic accounting or valuation issues. Certain assets, such as financial accounts, debt accounts, or assets bought or sold near in time have an value which is easily… Read more
Powering the Future: Data Centers, Energy Innovation, and Economic Growth
As the global demand for data processing and storage surges, the data center industry continues to play a critical role in shaping the future of technology, energy, and economic development. Recent trends and local developments highlight the interconnectedness of data centers, renewable energy solutions, and urban planning. Data Centers as Drivers of Energy Innovation Major tech companies are doubling down… Read more
Understanding Proffers in Land Development: A Balanced Perspective
Proffers, a central component of land use and zoning approvals, are commitments made by developers to address the impacts of their projects on surrounding communities. While these commitments are typically voluntary, they are binding and aim to mitigate concerns related to infrastructure, environmental preservation, and public services. Proffers are often a source of sensitivity, as they can significantly increase the… Read more
Understanding Schedule F: What It Means for Federal Employees and Contractors
The concept of "Schedule F" in federal employment was a topic of considerable discussion in the run-up to the 2024 presidential election, raising questions about its implications in 2025 and beyond for federal employees and contractors. This blog provides an informational overview of Schedule F, its potential impact on the federal workforce, and considerations for contractors who work closely with… Read more
Co-Parenting Under One Roof: Is Staying in the Marital Home the Right Choice?
Divorce is one of the most challenging experiences a family can face, especially when children are involved. One question that often arises is whether both parties should remain in the marital home during the separation and divorce process. Not only does a decision to move out of the marital home carry both emotional and financial implications, but it can also… Read more
DOL’s 2024 FLSA Overtime Rule Blocked by Texas Federal Court
On November 15, 2024, the U.S. Department of Labor’s 2024 Fair Labor Standards Act (“FLSA”) Salary Basis Rule (“2024 Rule”) was vacated by the United States District Court for the Eastern District of Texas. The 2024 Rule, which was finalized by the DOL back in April and became effective on July 1, 2024, raised the salary level to qualify for… Read more
Mechanic’s Liens in the DMV: Comparing D.C., Maryland, and Virginia
As construction projects often span multiple jurisdictions throughout the metropolitan Washington area, commonly known as the DMV, understanding the differences in mechanic’s lien laws in Washington, D.C., Maryland, and Virginia is essential for contractors, subcontractors and suppliers seeking to protect their payment rights. Each jurisdiction has unique requirements and timelines that can significantly impact the enforceability of a lien. This… Read more
Mental Health Crisis Management for Employers
Employee mental health support is no longer just an option—it’s a necessity. With mental health challenges on the rise, employers must be prepared to handle crises effectively and compassionately. Managing mental health crises with sensitivity and compliance is a win-win not only benefiting affected employees and also safeguarding the employer from potential legal risks. This blog provides an overview of… Read more
The Corporate Transparency Act is Still Alive and Community Associations May Need to File
As we have previously discussed, despite some pieces of litigation challenging the Corporate Transparency Act (CTA), the CTA is still in place for now and companies and organizations need to grapple with compliance. The CTA reporting requirements may be on the chopping block for the incoming Trump administration, but for now they are still in place and must be followed.… Read more
Courts Issue Mixed Rulings in Legal Challenges to FTC’s Ban on Non-Competes. What Should Employers Do Now?
Important updates on the status of the FTC’s Rule banning non-competes: In a further update to the litigation status of the FTC’s final rule banning employee non-competes, on October 18, 2024, the Federal Trade Commission filed a petition of appeal with the U.S. Court of Appeals for the Fifth Circuit of the decision of the United States District Court for… Read more
