Article in Texas Lawyer and The American Lawyer on "As COVID-19 Creates Curveballs, Firms Pivot Practices to Keep the Work Coming"
The Texas Lawyer and The American Lawyer wrote an article featuring Chamberlain Hrdlicka's new Paycheck Protection Program (PPP) Audits and Investigations practice entitled " As COVID-19 Creates Curveballs, Firms Pivot Practices to Keep the Work Coming." The legal work created when the coronavirus pandemic first became a known threat in the United States—such as securing federal loans - is likely quieting down now. But as the country continues to cope with the consequences of the virus, the article discusses law firms adapting their practice offerings.
At Chamberlain Hrdlicka, the PPP Audits and Investigations practice started after a client needed advice on how to meet the requirements for spending its PPP loan money. The federal program requires that a certain amount be spent on wages.
The firm has assisted a number of clients in applying for PPP loans, so it was clear that other clients might need help interpreting the rules for spending the money. Several of the firm's lawyers noticed the need for a dedicated practice group to represent clients who might be audited or investigated in connection with their loan, said Kevin Sweeney, a tax controversy shareholder in Philadelphia who is leading the practice group along with San Antonio tax controversy shareholder Chad Muller.
To read the Texas Lawyer and The American Lawyer article, subscribers can use this link.