The increasing emphasis on technology integration in legal practices is transforming the way attorneys work, especially those in the field of criminal law. Juggling heavy caseloads and tight timelines, criminal law practitioners often balk at the limited time available to devote to each case, especially when preparing for preliminary hearings and trials. However, tools like…
In a strategic move, Intellicents, the leading financial technology firm has chosen The Standard to deploy its intelli(k) PEP, a comprehensive pooled employer plan. (JD Supra) This plan introduces a solution for businesses seeking broad and flexible design capabilities, specifically tailored to meet corporate requirements. It promises to optimize the benefits of employers participating in…
On October 13, 2023, the U.S. Department of Health and Human Services Office of Inspector General (OIG) posted Advisory Opinion No. 23-07. A favorable view was taken in the opinion towards a proposed scheme in which physicians employed by a multi-specialty physician practice would receive bonuses. These would reflect a percentage of net profits from…
The Italian Council of Ministers, in a significant move, approved the initial drafts of two legislative decrees implementing the new “Italian Tax Reform” (Law No. 111/2023) in a preliminary examination conducted on October 16, 2023. This approval marks a noteworthy amendment in the landscape of international taxation, one of the aspects covered under these decrees….
In a recent development, a state-chartered bank has reached an agreement with the Department of Justice (DOJ) to resolve allegations of discriminatory lending practices, colloquially known as redlining. The banks have done so by consenting to an order that, while not yet confirmed and implemented by the court, commits them to a settlement amount of…
Recent developments in international space law and policy have prompted Akin to launch a quarterly newsletter, named the International Space Law and Policy Update. The inaugural edition of this newsletter, as well as the concurrent biweekly updates, aim to provide insight into the developments that could shape the future of space business and exploration. The…
The “need for speed” has become more than just a phrase in the Manhattan federal prosecutor’s office over the past year, where trials and investigations are being expedited as a part of their legal procedure. This necessity for expeditious legal proceedings has been vividly illustrated in the case of the FTX cryptocurrency exchange, which imposed…
It may come as welcome news to many professionals working within the legal and corporate fields that California Governor, Gavin Newsom, recently signed into law a bill creating a streamlined mechanism for consumers to request broad-scale deletion of personal data held by data brokers. Known as SB 362, or the “Delete Act”, its signing marks…
As the digital world continues to evolve and intersect with the physical, esports and college football are finding themselves becoming unlikely partners. Mixed-use developments are emerging as a symbiotic ecosystem where both can thrive. An article recently published by Kohrman Jackson & Krantz LLP on jdsupra.com delves into this fascinating development. The blending of college…
For the legal professionals working in the corporate sector, it’s essential to stay updated on the latest developments in UK corporate law. In November’s issue of Corporate Briefing, various subjects were discussed, reflecting the recent changes in the legal landscape. Regrettably, the complete text of the article isn’t available, but what we can glean from…
In a notable shift under the Biden administration, the National Labor Relations Board (NLRB) has heightened restrictions on employers to advance employee rights under Section 7 of the National Labor Relations Act (the “Act”). As part of this initiative, the Board has set its sights on restraining the usage of employee non-compete agreements and has…
In the continuously evolving landscape of employment law, global corporations and law firms are adapting to recent legal decisions regarding settlement arrangements, home-to-work travel expenses, and constructive dismissal. JDSupra’s report titled “Update on the settlement, home/work travel costs and constructive dismissal” provides an analysis of these decisions. The assessment of reciprocal concessions when a settlement…
The Washington energy and sustainability scene has experienced a significant shakeup in recent times, as evidenced by the recent developments coming out of Capitol Hill. The House of Representatives saw the historic ousting of Speaker Kevin McCarthy (R-CA) on October 3, leading to over three weeks without the key figurehead for the House’s legislative dealings….
According to recent data released by the U.S. Bureau of Labor Statistics, the labor market in the legal sector is experiencing a prolonged period of stasis. Legal industry employment figures in the United States have shown little to no significant movement over the last fourteen months. This trend was consistent between September and October, with…
The landscape of employment law is in flux following a new Memorandum of Understanding (MOU) signed by Jennifer Abruzzo, General Counsel for the National Labor Relations Board (NLRB), and Douglas Parker, Assistant Secretary for the Occupational Safety and Health Administration (OSHA), on October 31, 2023. The MOU has been set up to boost coordination and…
The Securities and Exchange Commission (SEC) is coming across some legal hurdles following the adoption of amendments to modernize disclosure requirements. The amendments related to corporate repurchases of their equity securities are now facing legal opposition. This was detailed recently on jdsupra.com. The newly adopted modifications are intended to bring more transparency to the practice…
In a recent move, the IRS announced that many of the crucial retirement plan limits will see an increase in 2024. This information was outlined in Notice 2023-75, released on November 1, 2023. The degree of limit increases is more moderate than those applied in 2023, with some of the limits remaining static. Both the…
The IRS has released its annual update for the cost-of-living adjustments in 2024. There appears to be a noticeable pattern in these changes akin to last year, with widespread increases expected for the coming year. The changes are noted particularly in the domain of retirement plans—all signs pointing towards a global restructuring of retirement plan…
The United States Environmental Protection Agency (EPA) and the Downington Regional Water Authority (DRWA), located in Pennsylvania, have recently entered into what is termed an Expedited Settlement Agreement (ESA). The settlement addresses alleged violations by DRWA of Section 112(r) of the Clean Air Act. Details about the severity or the specific nature of these alleged…
The Federal Reserve Board, along with the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), have recently issued a final rule bringing changes to their implementation of the Community Reinvestment Act (CRA). The highlighted information can be found in detail on JD Supra’s coverage. The CRA was put…
As the year winds to a close, a significant deadline looms for broadcasters. On December 1, 2023, all licensees of commercial and noncommercial AM, FM, full power TV, Class A TV, and Low Power TV stations are obliged to turn in their Biennial Ownership Reports. These reports, denoted as FCC Form 323 for commercial stations…
The US Department of Homeland Security (DHS) has disclosed a notice of proposed rulemaking (NPRM) in relation to the regulations administering the H-1B nonimmigrant visa classification. According to a JD Supra report, this proposed rule aims to streamline the H-1B program, making it more efficient and beneficial for both employers and workers. The H-1B nonimmigrant…
On October 24, 2023, the Federal Reserve (Fed), Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) issued a joint agency climate-related financial risk management guidance for large institutions. The guidance, which has been awaited for nearly two years, raises numerous questions for corporations and law firms alike. This process…
The Food and Drug Administration (FDA) has concluded a nine-year drafting process, finalizing its guidance on informed consent for sponsors, institutions, IRBs, and investigators, reported by Hogan Lovells on JD Supra. This culminates a process that began in 2014 and builds upon the FDA’s own 1998 final guidance. This new guidance, titled “Informed Consent Information…
In a significant turn of events, the UK’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have jointly issued a policy statement, announcing that the controversial “bonus cap” will be eliminated. This policy had until now limited the ratio of variable to fixed compensation for identified staff – commonly referred to as the…