Two New Practices Emerge from Law Firm Closure

Legal heads turned when partner Peter Boyles announced in June that he and the 16 other attorneys in the Traverse City office of Smith Haughey Rice & Roegge (SHRR) were leaving to start their own firm. Although the deal had not been finalized at the time,...

Change Agents

Every day in small towns across America, economic development efforts are underway. Designed to build economies, drive innovation, or simply draw communities together, these efforts are the engines that stand to transform a town and its way of life. Here, the Traverse City Business News heads into...

Personal Injury Lawyer Advertising Evolves in the Digital Age

Local personal injury lawyers for decades have heavily relied on telephone book advertising to attract clients, running multiple pages of ads and competing for the coveted back cover space. But those days are waning. “Lawyers are ending the nuclear war in the Yellow Pages,” said personal...

Building Materials Prices Expected to Rise, But Not Hamper Construction

Construction material prices are on the rise as residential and commercial building activity escalates during the spring season. Local building products suppliers say annual materials price increases of about five percent have been typical for the past few years. They’re expecting similar increases this year and...

Credit Unions Experience Growth, But See Issues

Executives worry about rising interest rates, regulations and more Local credit unions continue to prosper in a strong economy, but face a variety of challenges that include burdensome regulations, rising interest rates and adjusting to changes in the market for financial services. Credit union executives also are...