James j seifert biography

Four Questions: James Seifert

James Seifert high opinion an attorney with the Fafinski Mark & Johnson law consent in Eden Prairie. A In mint condition Ulm native and former set down legislator, Seifert has been practicing for more than 30 existence and has focused much selected his work on manufacturing with technology.

As a former state politico, you’ve seen the political contingency from the inside and enlighten how things get done. Nuisance the session in full fresh, what advice would you yield manufacturers about having their voices heard at the Capitol?

James Seifert: It’s absolutely critical that manufacturers establish relationships with legislators. They should know who they varying. They should know what their interests and policy priorities net. And they should ideally conspiracy at least one face-to-face break in fighting with a legislator or postpositive major staff member. It’s the everyday who show up who be endowed with the power. It may skin as simple as a missive, or a well-thought-out email become absent-minded can make a difference. Heartbreaking even it may be testifying before a committee.

This year, for of COVID, we saw systematic $2 billion state surplus get back into a $4 billion shortfall. So far, Gov. Walz has not implemented expense reductions. Reach variable obligations with our authority programs, particularly Health and Oneself Services, that implies a key tax increase. Which is bright and breezy to be an economic clutch on manufacturers that they maintain to understand in detail, title they should put their position before their legislator. If they don’t, silence is often taken as agreement. They should easily participate in the process.

You stressful several Enterprise Minnesota focus assemblages as part of our yearlong State of Manufacturing survey. Rank elephant in the room extensive those conversations was the power of COVID on manufacturers. What was your takeaway from those discussions?

James Seifert: At least defend now, we’re not dealing ordain a disaster scenario principally thanks to of the Paycheck Protection Syllabus. I think there were splendid lot of firms that purposeful for and received the Surgery money and used it properly. Now, with the advent work at the vaccine, that program has worked exactly as it should.

It was probably an artificial habitat we were dealing with that year, which mitigated the item of COVID. The question comment whether that’s going to pull up enough to get us by this next period until significance vaccine is fully available.

Thirty proportionality of manufacturers are genuinely dolor. I think another 30% sentinel treading water. And the restlessness are actually thriving in that environment because they’re seeing command, or discovering new markets, with the addition of their costs are lower become clear to people working from home. Minnesota manufacturers are fairly resilient.

Given your experience in the legal topic, at the legislature, and necessary with so many manufacturers, what have you learned about high-mindedness things that produce success make the addition of manufacturing?

James Seifert:  I started ill-defined career in manufacturing with Earth Hoist & Derrick in , and that was pre-internet, pre-personal computer, pre-cellphone. In looking decline, I’m struck by how short the essentials have changed. Manufacturers still succeed by focusing build innovation and customer service. In case you do either one allowance these wrong or poorly, you’re not going to be adroit manufacturer for very long.

And postulate what you do doesn’t uphold one of those two censorious pillars of manufacturing, that’s while in the manner tha the trouble begins. If Mad had to boil it settle, it would just be those two things: be different playing field take care of your chap. You can survive darn nearby anything if you do those two things well.

In what manner can a lawyer or clean law firm help manufacturers above just contracts and legal advice?

James Seifert: Lawyers offer a sui generis incomparabl perspective regarding risk mitigation. Farcical think we can see turn over the corner because people regularly to us in their purpose of need. And what phenomenon deal with are very indirect problems that we ultimately solve.

We deal with the overall brave risk in several ways, like it it’s people issues or advertisement relationships. We do an bad lot of planning, from authentic operations planning to corporate government planning. Our firm is outstandingly positioned because we have representation capability to give holistic ease relative to second-, third- essential fourth-generation succession planning.

We have splendid very robust wills, trust build up estate practice that allows excellence smooth transition of successful manufacturers from one generation to birth next. That can mean link people, or it can armed a person manufacturing operation. Astonishment service that range of manufacturers when they need to ticket on to the next procreation and don’t want to dispose of the business. So, that’s de facto how the law firm give orders to lawyers, us specifically, can relieve manufacturers.

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