Arnall Golden Gregory LLP, an Atlanta-based law firm, announced a reshuffling at the executive level. Beginning January 1st, the firm’s current financial partner, who is also a seasoned attorney, will take up the new role of managing partner. All professionals, both from a financial and legal perspective, should consider the implications of this transition for…
In a recent ruling that is gathering significant attention within the legal community, the Court of Appeals has significantly reduced a damages award in a breach of construction contract case. Aptly referred to as “No Double Dipping,” the details of the case provide essential insights for legal professionals working in both corporate and law firm…
Renowned law firm, Jackson Lewis PC, has emerged victorious after an appeal lodged against them was dismissed by the Second Circuit, according to a report from Bloomberg Law. The appeal was instigated by a former medical resident at Norwalk Hospital. According to the former resident, Jackson Lewis PC had defamed him through their role in…
The Corporate Transparency Act (CTA) is bringing forward increased reporting obligations in an attempt to curb money laundering and related illicit activities. Under the Act, many entities including, but not limited to, ones formed for investment purposes or for holding rental or vacation property are set to be heavily impacted. The new legal framework, enacted…
In recent times, the Federal Trade Commission (FTC) has amped up their regulatory powers in regards to artificial intelligence (AI). This new initiative stems from a burgeoning interest in AI and its legal, practical, and policy issues within the federal government. Major corporations and law firms are closely monitoring these developments, considering how they may…
In a recent episode of the LawNext PR podcast, cutting-edge Legal Tech Startup Lawmato announced the relaunch of its virtual legal consultation platform. This highly anticipated relaunch showcases new and improved features, making it easier for clients to connect with legal experts. Visit Lawmato to learn more about the updates made in this relaunch. Experience…
In a recent unpublished decision, the Ninth Circuit Court of Appeals supported the Northern District of California Court’s dismissal of a complaint spearheaded by plaintiff’s attorney Montie S. Day. Known for challenging California auto insurers, Day argues that the policy exclusion that inhibits coverage for first-party diminution of value damages claims is unenforceable. In the…
The Missouri Department of Natural Resources (MDNR) and Prairie Valley Disposal, Inc., (Prairie Valley) have entered into an Administrative Order on Consent (AOC) on October 24th. The matter in question centers around an alleged infringement of the Missouri Air Conservation Law, according to case reference No. APCP-2023-026. This update is noteworthy for legal professionals in…
Chicago-based intellectual property lawyer India Rios is embroiled in a legal tussle with the retail giant 7-Eleven in what has been termed as a trademark name skirmish. In a lawsuit filed by the retail chain, Rios and her law firm, Seven Eleven Law Group LLC, stand accused of trading improperly on the goodwill and reputation…
As highlighted in the Weekly Update for Government Contractors and Commercial Businesses for November 2023, the Small Business Administration (SBA) made noteworthy strides in small business lending in response to the initiatives of the Biden-Harris Administration at the close of Fiscal Year 2023 (FY23). On November 21, Small Business Administrator Isabel Casillas Guzman announced that…
The United Kingdom’s Treasury has recently published the Future of Payments Review report. The report is aimed at improving the current payments landscape in the U.K. for consumers, based on recommendations for the Treasury, regulators and the industry. It contains the findings from a call for evidence exercise that was held in July 2023. The…
Despite the recent increase in Biglaw salary announcements, there’s a general suspicion that not every firm would be able to match. It’s uncertain whether the raise cutoff would cater to the top 50 or 100 Biglaw companies and if such divisions will be based on geography. Nevertheless, Texas-based Baker Botts – a firm boasting gross…
Welcome to the weekly roundup of notable issues from Howard Bashman’s How Appealing blog, a venerable resource focusing on appellate litigation. One of the most intriguing stories this week revolves around a Pennsylvania case where a tied vote was decided by drawing lots. This unusual solution was necessitated after a court ruled that undated, but…
In the era of constant surveillance and increasing regulator scrutiny, data privacy compliance has surfaced as an exigent concern for major corporations and law firms. As companies are stung by massive non-compliance penalties, they are now recognizing the value of driving data privacy compliance by leveraging workflow automation. A recent mediatization extended on how workflow…
Doing pro bono work is not just about offering free legal services for the greater good. It also provides a multitude of benefits to the attorneys who perform them. Despite the challenging fast-paced legal environment, the increase in the hours devoted to pro bono work reflects its inherent value. A study showed an upward trend…
In a development that warrants attention from corporate law professionals, especially those managing hospitality industry interests, Anaheim’s Hotel Worker Protection Ordinance is set to take effect January 1, 2024. This noteworthy announcement follows after a journey that was, at times, somewhat turbulent. Earlier proposals for the ordinance, which initially promised broader terms, were presented in…
A proposed amendment to the rule of certification by the U.S. Court of Appeals for the Fifth Circuit involving artificial intelligence (AI) review might discourage lawyers from utilizing AI technology, according to legal scholars. Under this proposal, in order to submit a filing, lawyers would need to affirm that no generative AI software was employed…
In the intricate world of legal affairs, trust between a lawyer and their client is integral to any case’s success. However, as experienced legal professionals may know, clients may not always be entirely truthful or accurate in their testimonies. It is, therefore, crucial to do everything in your power to validate the accuracy of statements…
The Internal Revenue Service (IRS) has recently declared augmented transfer tax exclusions for the calendar year 2024 under Revenue Procedure 2023-34. The considerable growth in the unified credit against estate, gift, and generation-skipping transfer (GST) tax were evaluated. Answers to the increased annual gift tax exclusion amount and gifts to non-citizen spouses must be orchestrated…
The financial regulatory landscape has experienced noteworthy changes, exemplary of which is the final rule issued by the Federal Reserve System’s Board of Governors, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. On October 24, 2023, these bodies have amended regulations implementing the Community Reinvestment Act (“CRA”) – alterations…
It has now been a year since the Canadian Securities Administrators (CSA) unveiled the listed issuer financing exemption (LIFE) as part of Part 5A of National Instrument 45-106 Prospectus Exemptions. The main aim of the LIFE Exemption, as stated, was to ease the financial burden for issuers aiming to raise small amounts of capital through…
In the recent legal news, the U.S. Court of Appeals for the Fourth Circuit made a significant ruling concerning class action waivers and their role in class action litigations. The Fourth Circuit held that class action waiver issues must be decided before class certification. This decision, rendered in the case In re Marriott International, Inc.,…
Significant changes in the legal environment often prompt implications for the corporate governance landscape. One such key change has arisen due to Glass Lewis’s recent update on proxy voting guidelines regarding clawbacks. These developments necessitate an enlightened understanding for legal professionals in the corporate sector and law firms alike. The updated Glass Lewis proxy voting…
In a recent legal development involving franchising agreements, a Wisconsin federal district court has allowed a field representative’s claims that his representation agreement was an unregistered franchise to proceed beyond the pleading stage. The field representative is in the employ of an insurance company and his allegations have sparked a discourse on the legal dynamics…
Nov 8, 2023 marked a significant event as nearly thirty North American labor groups, including major players such as the International Brotherhood of Teamsters and the United Auto Workers, openly voiced their concerns about the autonomous vehicle industry. They did so by sending a letter to the Secretary of Transportation and the Acting Administrator of…