July 2009 Archives

A Look Back Finds Substantial Changes To Arizona’s Legal Landscape

Law Review - Arizona’s Legal Landscape

Rapid-fire change has become the status quo in the legal and business community over the past 25 years. This change is particularly apparent to me, as my firm, Fennemore Craig, will celebrate its 125-year anniversary in Arizona next year, and I have practiced law for more than three decades. One of the most pronounced and… Read More →

The State’s Health Care Industry Is Strong, But The Recession Is Taking A Toll

nurses, healthcare, doctors

Although I have only been in Arizona 11 years, St. Joseph’s Hospital and Medical Center has been providing high-quality care to Valley residents since 1895. And for the past century, St. Joseph’s has been known for two primary missions: Service to the poor and underserved; and outstanding care, particularly in the neurosciences, driven by groundbreaking… Read More →

Geisha A Go Go Serves Up A Japanese View Of The West

giesha a go go sushi

When life-sized posters of iconic rock stars line the bar — in this case, Jimi Hendrix, Jim Morrison and Sid Vicious — you know you’re in for a wild ride. A colorful hallway filled with neon-lit, arcade-style games marks the entryway. The dark wood walls and stone-like floors, along with a large boulder directly in… Read More →

This Isn’t the First Crisis The Valley’s Banking Industry Has Faced

money, cash, hundred dollar bills
by in AZ Business Magazine | Finance

The Valley has come a long way over the past 25 years, and the banking and financial sector is no exception. Challenges, crises and legislation brought about dramatic change that has created a new era in banking and finance. In the mid-80s local banks dominated the sector, while regional and national banks were nonexistent. The… Read More →

The Economic Recovery Begins In 2009, But It Will Be Slow Going

money in vice

The national and state economies are expected to start feeling the effects of a recovery during the last quarter of 2009. However, the recovery over the next year will be slow, with unemployment continuing to rise and economic growth anemic at best. Meanwhile, the state’s expenditures are rising, even as revenue continues to fall, setting… Read More →

A New Study Provides Lessons On Enhancing Hospital Board Effectiveness

A New Study Provides Lessons On Enhancing Hospital Board Effectiveness

It’s no secret that nonprofit hospitals, which account for the majority of hospitals in the U.S., are under growing scrutiny from legislators and regulators. In exchange for being exempt from paying taxes, nonprofit hospitals must provide benefits to their communities, including charity care. As health care reform efforts are beginning to get underway, an increasing… Read More →

First Job: John J. Bouma, Snell & Wilmer

first job john j. bouma

John J. Bouma Chairman Snell & Wilmer Describe your very first job and what lessons you learned from it. My first job was working for my father at the Rialto Theater in Pocahontas, Iowa. It was a very nice, small town theater. I ushered guests, changed the names of the movies on the marquee, switched… Read More →

Small Businesses Continue To Power The Valley’s Economy While Maintaining A Personal Touch

Small Businesses Continue To Power The Valley’s Economy While Maintaining A Personal Touch

As we approach a new era in Arizona business, I find myself reminiscing about the small business environment in the Valley 25 years ago, recalling the pioneering spirit of many courageous and determined entrepreneurs. In that era, the Five Cs were predominant revenue sources: cotton, copper, climate, citrus and cattle. That is no longer the… Read More →

Arizona’s High-Tech Sector Has Grown And Diversified Over The Years


Intel. Boeing. The Mayo Clinic. Try finding anyone who hasn’t heard these renowned names. Fortunately for Arizona, they and other companies like them have been key to our state’s technology scene growing dramatically over the past quarter century. There is one name, however, many may have forgotten. Although no longer a huge presence here, one… Read More →

Some Of The Troubles Facing The Real Estate Sector Today Ring Familiar

Real Estate - A Changing Landscape

The landscape of the Valley’s real estate market in the mid 1980s was vastly different from today, but, as most developers are painfully aware, many of the challenges are markedly the same. What is different today is the solid foundation that has been built over the past 25 years, which has helped the Valley remain… Read More →

Despite Tough Times, Economic Development Groups Continue To Woo New Businesses To Arizona

Wooing businesses to AZ in the recession

Economic development experts in Arizona hope to parlay the state’s convenient geographic location, and even a stagnant housing market, into attracting new businesses. Toss in relatively low taxes, a freeze on new regulations and a well-honed reputation as a business-friendly state, and recruiters have a tool box full of reasons why businesses should consider relocating… Read More →

Arizona Business Magazine Celebrates Its 25th Anniversary

AZ Big Media 25 years

An important lesson in the launch of any business or new product is to learn everything you can about your target consumer, and that’s exactly what Mike Atkinson did when he bought the Office Guide to Phoenix 25 years ago. He approached leaders in the community in such industries as health care and law, and… Read More →

Biotech Startups Need To Take Ideas From Concept To FDA Approval

test tubes

Arizona has always been known as a great place to start and grow a business. While some industries have been staples of our economy for some time, there’s another growing industry that is bringing jobs, capital, and most of all, innovation, to our state. Arizona has, in recent years, become home to a growing number… Read More →

A Quarter Century Of Wisdom Points To The Right Solution

Arizona State Seal

In 1982, I was beginning my first term in Arizona’s House of Representatives. After years of spending increases, our state was suffering an economic slowdown. Recovery was just around the corner. In 1984, Ronald Reagan was elected to his second term as president of the United States, the federal government announced that it would build… Read More →