Talk:Marc J. Lane: Difference between revisions
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Lane serves as the founding partner for Social Venture Partners Chicago. In addition, he is a Director for the Social Enterprise Alliance (SEA) and the founder and President of its Chicago Chapter, and he chairs SEA's affiliate, the Center for Social Enterprise Accreditation. He also served as the Chairman of the Board for the Grant A Wish, Inc. and the Illinois Chapter of the National Academy of Elder Law Attorneys. |
Lane serves as the founding partner for Social Venture Partners Chicago. In addition, he is a Director for the Social Enterprise Alliance (SEA) and the founder and President of its Chicago Chapter, and he chairs SEA's affiliate, the Center for Social Enterprise Accreditation. He also served as the Chairman of the Board for the Grant A Wish, Inc. and the Illinois Chapter of the National Academy of Elder Law Attorneys. |
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Lane helped draft the Illinois legislation establishing low-profit limited liability companies ( |
Lane helped draft the Illinois legislation establishing low-profit limited liability companies (L3Cs) and has promoted Illinois as "the Delaware of social enterprise".<ref>{{cite web |title=New business model may make Illinois ‘Delaware of social enterprise’ |url=https://chronicleillinois.com/news/cook-county-news/new-business-model-may-make-illinois-delaware-social-enterprise/ |website=Cook County Chronicle |accessdate=3 March 2020}}</ref> The Illinois L3C law, which took effect on January 1, 2010, makes it easier for social enterprises to attract capital, said Sen. Heather Steans (D-Chicago), who sponsored the bill.<ref>{{cite web |last1=Meyer |first1=Ann |title=New corporate structure could give social entrepreneurs new funding stream |url=https://www.chicagotribune.com/business/columnists/chi-mon-minding-l3c-aug10,0,5321379.column |website=Chicago Tribune}}</ref> L3Cs leverage foundations' program-related investments to access trillions of dollars of market-driven capital for ventures with modest financial prospects, but the possibility of major social impact.<ref>{{cite web |last1=Staff |first1=Steans |title=Steans advances new socially responsible for-profit organizations |url=https://www.marcjlane.com/news/2009/04/03/in-the-news/steans-advances-new-socially-responsible-for-profit-organizations/ |accessdate=3 March 2020}}</ref> <ref>{{cite web |last1=Takagi |first1=Gene |title=L3C – Developments & Resources |url=http://www.nonprofitlawblog.com/l3c-developments-resources/ |website=Nonprofit Law Blog |accessdate=3 March 2020}}</ref> |
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Revision as of 17:34, 3 March 2020
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This entire article reads like an advertisement.
"His book, which has helped many of the nation's most successful entrepreneurs reach and exceed their goals..."
The article seems rather adulatory of this individual. HedgeFundBob (talk) 18:49, 24 January 2010 (UTC)
Obviously this article was written by this guy, who is using it to promote his business. Someone should take it down. —Preceding unsigned comment added by 75.60.0.89 (talk) 19:44, 11 April 2010 (UTC)
The writing in this article strikes me as very self-serving. It is written much like a huckster's advertisement and it seems to clearly violate the living person biography criteria. It is actually remarkable that it hasn't been removed. Much of the references seem to be circular in nature and there seems to be very little independent validation.Wraythe (talk) 18:17, 27 June 2011 (UTC)
The article was recently revised and sigificantly trimmed, and doesn't appear problematic anymore. Mannpark (talk) 04:05, 14 July 2011 (UTC)
Mannpark, I am not sure what your relationship to the subject is but I am sorry, I don't see that it was "revised and sigificantly trimmed." I still respectfully think that the article is just an advertisement and not a valuable biography and it should be deleted. — Preceding unsigned comment added by Wraythe (talk • contribs) 18:29, 26 July 2011 (UTC)
- I'm referring to all of the changes that were made on June 8th.Mannpark (talk) 19:51, 7 August 2011 (UTC)
Prod
I think the article could use a rewrite for tone. Deletion is probably not appropriate. Once someone's work becomes a subject for The Wall Street Journal, he is probably pretty well discussed in the literature although not necessarily in a format that describes his complete biography.--TonyTheTiger (T/C/BIO/WP:CHICAGO/WP:FOUR) 04:20, 8 October 2011 (UTC)
- P.S. in addition to being mentioned in the WSJ, note that the Chicago Tribune mentions him often (google search for "Marc Lane site:Chicagotribune.com").--TonyTheTiger (T/C/BIO/WP:CHICAGO/WP:FOUR) 04:25, 8 October 2011 (UTC)
- Agree that deletion is not appropriate -- removed the proposed deletion tag. Mannpark (talk) 01:57, 13 October 2011 (UTC)
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Conflict of interest
At least one major contributor to this article appears to have a close personal or professional connection to the topic, and thus to have a conflict of interest. Conflict-of-interest editors are strongly discouraged from editing the article directly, but are always welcome to propose changes on the talk page (i.e., here). You can attract the attention of other editors by putting {{request edit}} (exactly so, with the curly parentheses) at the beginning of your request, or by clicking the link on the lowest yellow notice above. Requests that are not supported by independent reliable sources are unlikely to be accepted.
Please also note that our Terms of Use state that "you must disclose your employer, client, and affiliation with respect to any contribution for which you receive, or expect to receive, compensation." An editor who contributes as part of his or her paid employment is required to disclose that fact. Justlettersandnumbers (talk) 13:26, 9 July 2018 (UTC)
- I saw that you reverted this page to a previous version, and I was recently notified that I was in violation of Wikipedia's Conflict of Interest. However, I have updated my user page with the Paid-contribution disclosure to comply with the requirements. Please undo the revert or let me know if I missed any further requirements. Mannpark (talk) 17:03, 19 July 2018 (UTC)
Collaborative Edit
Hello all. I am affiliated with the Law Offices of Marc J. Lane. I recently attempted to restore a substantial amount of text that had been deleted by editors who believed it to be too self-promotional. The text had been previously deleted on the grounds that it was written by someone who inadvertently failed to disclose their affiliation with the Law Offices. So in restoring the text, I disclosed my affiliation. That apparently made no difference to the editors. I respectfully disagree with their assessment as to the self-promotional nature of the article, but as there is no higher power to appeal to, it seems the article will need to be rewritten.
I am willing to do that, but I don't have the time to do a complete rewrite only to have the article chopped down again. So I'm proposing to whomever might edit my work that we collaborate in advance of a re-write to identify what's acceptable and in line with Wikipedia's editorial standards, which I fully support. I just don't want to waste my time.
Can anyone who would be monitoring and/or editing my work please respond to discuss my proposed collaboration?
All the best. — Preceding unsigned comment added by Plutarchos21 (talk • contribs) 16:15, 4 October 2019 (UTC)
Edit Request 1
Hello. I am affiliated with the subject of this Wikipedia article and am being paid for this work. I would like to begin a discussion here about 1) restoring text to the article that has been deleted or, in the alternative, 2) restoring at least the content of the text but writing the text anew, if that is more agreeable to those who edit this page.
To begin with, I'll be referencing the 20:56, 20 August 2019 version of the article. That version contains a section with the heading "Social enterprise" that has been deleted in its entirety. I disagree with the deletion, especially of the first sentence, which simply conveys information that is factual, important, and supported by two articles published by third parties (i.e. not anyone in the employ of the subject of this article).
![]() | It is requested that an edit be made to the semi-protected article at A. (edit · history · last · links · protection log)
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"By appointment of Governor Pat Quinn, Lane served as Chairman of the State of Illinois' Task Force on Social Innovation, Entrepreneurship, and Enterprise,[41] an initiative that seeks actionable recommendations on how to further social enterprise in the state and advises the General Assembly, the Governor, and agency heads on how to strengthen the capacity of Illinois to work cooperatively to create, scale, and sustain innovative social programs; build the capacity of nonprofit organizations and government to pursue entrepreneurial ventures; and attract funding to Illinois to support these ventures.[42][43]"
Citation 43 does have Marc J Lane as an author, but it will be easy enough to find an alternative source. Can someone identify the specific objections they have to this sentence? — Preceding unsigned comment added by 68.251.109.1 (talk) 17:02, 18 December 2019 (UTC)
" Can someone identify the specific objections they have to this sentence? "
The WP:BURDEN lies with the editor who adds or restores the material, not those who omit it. It is up to the adding editor to demonstrate that the item is verifiable via reliable, independent sources. Furthermore, the omitted information appears to describe the initiative's goals and ideals, which is not the purpose of the article. Regards, Spintendo 17:43, 18 December 2019 (UTC)
Edit Request 2
![]() | It is requested that an edit be made to the semi-protected article at A. (edit · history · last · links · protection log)
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I am an employee of the subject of this article. Therefore, I am proposing on the talk page that the following changes be made to the article:
°Information to be deleted and added: Under the "Biography" section, delete "By the year 2002, Marc J. Lane Wealth Group included The Law Offices of Marc J. Lane, an investment advisory, a broker-dealer and a merchant banking affiliate." Replace with "By the year 2002, Marc J. Lane Wealth Group included The Law Offices of Marc J. Lane, P.C.; Marc J. Lane Investment Management, Inc., an Illinois-registered investment advisory firm; Marc J. Lane & Company, a FINRA-registered, full-service general securities firm; and Marc J. Lane Risk Management, Inc., an insurance agency."
°Explanation of issue: The issue with the text as it stands is that insofar as it omits the names of each business, and instead chooses to refer to the businesses categorically, it lacks specificity.
°References supporting change: https://northwesternbusinessreview.org/summer-spotlight-marc-j-lane-wealth-management-5d5fd8b0bff1
https://www.marcjlane.com/index.php?src=news&submenu=media&srctype=detail&category=In%20the%20News&refno=92 — Preceding unsigned comment added by Plutarchos21 (talk • contribs) 23:01, 14 January 2020 (UTC)
- As the subject of the article is Marc J. Lane and not the Marc J. Lane Wealth Group, a lack of specificity in this regard is acceptable. Regards, Spintendo 08:18, 15 January 2020 (UTC)
![]() | It is requested that an edit be made to the semi-protected article at D. (edit · history · last · links · protection log)
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- Beyond the issue of specificity, there is the issue of accuracy. As presently formulated, the sentence at issue mentions only the law firm, an investment advisory, a broker-dealer, and a merchant banking affiliate. It leaves out the insurance agency. Would you be amenable to this: Under the "Biography" section, amend the sentence at issue to: "By the year 2002, Marc J. Lane Wealth Group included The Law Offices of Marc J. Lane, an investment advisory, a broker-dealer, a merchant banking affiliate, and an insurance agency." That formulation finds textual support in the citations listed above. Plutarchos21 (talk) 16:08, 15 January 2020 (UTC)Plutarchos21
Reply 15-JAN-2020
- As the insurance agency is an entity created by the subject, an argument for its individuality and thus its reason for inclusion as a unique, separate affiliate of the Wealth Group — where that separateness requires specification in order to represent accuracy — is not substantiated.
Regards, Spintendo 21:02, 15 January 2020 (UTC)
- Could you rephrase? I'm not sure what you mean by "separateness requires specification in order to represent accuracy" and "reason for inclusion as a unique, separate affiliate ... is not substantiated." Because certainly you'll agree that someone who is not an employee of the firm and in a Northwestern University blog post verified the existence of four separate business entities constituting the Wealth Group: https://northwesternbusinessreview.org/summer-spotlight-marc-j-lane-wealth-management-5d5fd8b0bff1 68.251.109.1 (talk) 20:53, 17 January 2020 (UTC)Plutarchos21
- The request was to add a division or affiliate (the insurance agency) to the article. The meaning implied through describing something as an affiliate is that the affiliate is a separate and unique division within the whole. As the insurance division was created by the subject, the argument that this is truly a "distinct" division is questionable. Spintendo 03:41, 10 February 2020 (UTC)
Edit Request 3
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—Information to be added or removed:
Under the "Entrepreneurship" section:
Lane is the author of Advising Entrepreneurs: Dynamic Strategies for Financial Growth, John Wiley & Sons, Inc., 2001, along with a number of other titles published in the past 30 years.[9] The book promotes prudent risk taking and provides an approach to starting a business, locating sources of financing, lowering taxes, shielding assets, compensating the entrepreneur and employees, preparing for an IPO, and building wealth. [1] Thomas Morsch, Director of the Small Business Opportunity Center at the Northwestern University School of Law commented that "Marc J. Lane has done a wonderful job of addressing all of these in one very readable and sensible book;" while Harvard Business School Working Knowledge remarked that "the book maintains a useful middle ground between the superficial and the highly technical."[10]
—Explanation of issue: If the book is to be mentioned in this section, along with its critical reception, it would be incomplete to not also summarize what's in the book.
—References supporting change: https://www.powells.com/book/-9780471389477 — Preceding unsigned comment added by Plutarchos21 (talk • contribs) 02:46, 10 February 2020 (UTC)
- Please provide references from reliable, independent secondary sources. Regards, Spintendo 03:41, 10 February 2020 (UTC)
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--Reliable, independent secondary source supporting the change requested above: http://catdir.loc.gov/catdir/toc/wiley021/2001017816.html The Library of Congress reproduces the table of contents at that site, which contains all of the items listed in the second sentence of the proposed paragraph.
Plutarchos21 (talk) 23:07, 12 February 2020 (UTC)Plutarchos21
Edit Request 4
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—Information to be added or removed:
Under the "Corporate governance" section -- I would like the first and second sentences to change to the following:
"Lane's book on best corporate governance practices, Representing Corporate Officers and Directors, has been described as "the authoritative guide to corporate governance." First published in 1987, he revisited his treatise on corporate governance in 2005.
—Explanation of issue: The fact that the book has been described as "the authoritative guide to corporate governance" is significant enough to warrant inclusion in the article.
—References supporting change: https://alchetron.com/Marc-J-Lane
Plutarchos21 (talk) 22:25, 17 February 2020 (UTC)
- Not done. The provided reference does not give a source for the quote - who has described the book that way? The provided source also does not meet the criteria of being reliable, independent and secondary - it appears to be user-generated content and its only reference is to wikipedia which would make using it entirely circular. Melcous (talk) 22:34, 17 February 2020 (UTC)
Edit Request 5
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Information to be added or removed: Under the section titled "Social involvement and L3C legislation", I suggest that the following changes be made:
1) After the sentence "He also served as the Chairman of the Board for Grant A Wish, Inc. and the Illinois Chapter of the National Academy of Elder Law Attorneys." a new paragraph should be created for the remainder of the text beginning with "He is..." and ending with "social impact". I suggest amending the sentence beginning with "He is..." to the following: "As an expert in low-profit limited liability companies (L3C), Lane helped draft the Illinois legislation establishing L3C and has promoted Illinois as "the Delaware of social enterprise".
2) Update the following sentence: "The law, which will take effect on January 1, 2010..." to "Illinois' L3C law took effect January 1, 2010. It aims to..."
Explanation of issue: The text leaves out details about Lane's expertise (1) and is out of date (2).
References supporting change: https://chronicleillinois.com/news/cook-county-news/new-business-model-may-make-illinois-delaware-social-enterprise/
Plutarchos21 (talk) 22:51, 28 February 2020 (UTC)
Reply 28-FEB-2020
- It is unclear what changes are requested to be made because the verbatim claim statement that is proposed to be added to the article has not been included along with the verbatim text to be removed and/or altered.[1][a]
- In the section of text below titled Sample edit request, an example for how this is to be done is shown:
Sample edit request
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- Kindly open a new edit request at your earliest convenience when ready to proceed with the missing items from your request. Thank you!
Regards, Spintendo 00:13, 29 February 2020 (UTC)
References
- ^ "Template:Request edit". Wikipedia. 30 December 2019.
Instructions for Submitters: Describe the requested changes in detail. This includes the exact proposed wording of the new material, the exact proposed location for it, and an explicit description of any wording to be removed, including removal for any substitution.
Notes
- ^ The request stated
"I suggest amending the sentence beginning with 'He is...' to the following..."
but did not include the verbatim text of the sentence beginning with 'He is...' that is to be replaced.
Edit Request 5 (Revisited)
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Old Text:
Under the section titled "Social involvement and L3C legislation":
Lane serves as the founding partner for Social Venture Partners Chicago. In addition, He is a Director for the Social Enterprise Alliance (SEA) and the founder and President of its Chicago Chapter, and he chairs SEA's affiliate, the Center for Social Enterprise Accreditation. He also served as the Chairman of the Board for the Grant A Wish, Inc. and the Illinois Chapter of the National Academy of Elder Law Attorneys. He is one of the drafters of the Illinois legislation and promoted the establishment of low-profit limited liability companies (L3C). The law, which will take effect on January 1, 2010, aims to make it easier for social enterprises to attract capital, said Sen. Heather Steans (D-Chicago), who sponsored the bill.[1] L3Cs leverage foundations' program-related investments to access trillions of dollars of market-driven capital for ventures with modest financial prospects, but the possibility of major social impact.[2] [3]
New Text:
Under the section titled "Social involvement and L3C legislation":
Lane serves as the founding partner for Social Venture Partners Chicago. In addition, he is a Director for the Social Enterprise Alliance (SEA) and the founder and President of its Chicago Chapter, and he chairs SEA's affiliate, the Center for Social Enterprise Accreditation. He also served as the Chairman of the Board for the Grant A Wish, Inc. and the Illinois Chapter of the National Academy of Elder Law Attorneys.
Lane helped draft the Illinois legislation establishing low-profit limited liability companies (L3Cs) and has promoted Illinois as "the Delaware of social enterprise".[4] The Illinois L3C law, which took effect on January 1, 2010, makes it easier for social enterprises to attract capital, said Sen. Heather Steans (D-Chicago), who sponsored the bill.[5] L3Cs leverage foundations' program-related investments to access trillions of dollars of market-driven capital for ventures with modest financial prospects, but the possibility of major social impact.[6] [7]
Explanation of issue: New paragraph required to separate discussion of Lane's L3C activity from mentions of Grant A Wish and Elder Law. Also, Lane's discussion of Illinois as "the Delaware of social enterprise" is significant but presently missing from the text. Finally, the text needed to be updated to reflect that legislation was passed 10 years ago. It's no longer pending.
References supporting change: https://chronicleillinois.com/news/cook-county-news/new-business-model-may-make-illinois-delaware-social-enterprise/ Plutarchos21 (talk) 17:32, 3 March 2020 (UTC)
- ^ Meyer, Ann. "New corporate structure could give social entrepreneurs new funding stream". Chicago Tribune.
- ^ Staff, Steans. "Steans advances new socially responsible for-profit organizations". Retrieved 3 March 2020.
- ^ Takagi, Gene. "L3C – Developments & Resources". Nonprofit Law Blog. Retrieved 3 March 2020.
- ^ "New business model may make Illinois 'Delaware of social enterprise'". Cook County Chronicle. Retrieved 3 March 2020.
- ^ Meyer, Ann. "New corporate structure could give social entrepreneurs new funding stream". Chicago Tribune.
- ^ Staff, Steans. "Steans advances new socially responsible for-profit organizations". Retrieved 3 March 2020.
- ^ Takagi, Gene. "L3C – Developments & Resources". Nonprofit Law Blog. Retrieved 3 March 2020.
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