In the increasingly complicated landscape of law firm partnerships, recent developments have highlighted the importance of addressing less overt deals when planning a law firm exit. One such case is the focus of recent litigation in the Charlotte area. Fox Rothschild LLP, representatives of the case in question, reports that a local law firm alleged…
The U.S. National Science Foundation (NSF), in association with the federal agencies and departments participating on the National Science and Technology Council (NSTC) Subcommittee on Scientific Integrity, is preparing to organize two virtual listening sessions. The goal of these sessions is to gather input from public participants about recommendations, issues, and concerns related to federal…
In a recent development, California has seen the progress of two substantial climate disclosure mandate bills towards becoming law. These measures come as the next step in the continued evolution of environmental law, placing an unprecedented level of accountability on companies for their impact on the environment. The most notable of these bills, as reported,…
Starting from January 1, 2024, U.S. corporate entities will observe an increase in corporate transparency through the implementation of the Corporate Transparency Act (CTA) by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The introduction of the CTA represents a significant shift in corporate regulation and transparency efforts, falling under the broader Anti-Money Laundering Act…
The modern digital era is brimming with advice on LinkedIn strategy, yet it is imperative to sift through the fluff and zero-in on methods that align best with the requirements of the present-day professional milieu. To give this context, let’s take a step back, about 15 years ago, to the early stages of LinkedIn. It…
Artificial Intelligence (AI) has undeniably transformed diverse industries, yet this progress necessitates significant responsibility. In particular, regulators across the European Union (EU) are venturing into proactive strategies to address compliance and data protection concerns around AI and generative AI. Of note, recent cases are demonstrating the critical need for regulation in this continually evolving sector….
In a recent determination, the National Labor Relations Board (NLRB) has circled back to the “totality of the circumstances” test to arbitrate when individual employee action forms protected concerted activity. This decision was made in the case of Miller Plastic Products, Inc., 372 NLRB No. 134 (Aug. 25, 2023). This ruling implies that employee activity…
The Occupational Safety and Health Administration (OSHA) recently spelled out its interpretation on recording instances of workplace violence. This comes amid growing concerns and dialogue about safety within workplaces worldwide. According to OSHA, workplace violence is defined as any act or threat of physical violence, harassment, intimidation, or other threatening or disruptive behavior that takes…
In an increasingly interconnected global economy, foreign investment reviews remain central to the economic policies of many nations. Yet, the significance of these reviews is matched by the complexity and volume of hurdles they currently pose. These challenges are underscored by recent statistics and analyses from the United States’ Committee on Foreign Investment (CFIUS). In…
As we approach fall, legal firms worldwide are revamping their marketing strategies. One key component in this strategic overhaul involves improving Customer Relationship Management (CRM) systems and data quality. It is essential for legal professionals to understand the trajectory of their marketing initiatives in line with the crucial role these systems and data management play….
In a noteworthy decision, the U.S. District Court for the District of Columbia upheld the Copyright Office’s refusal to grant a copyright registration for a piece of art crafted by an artificial intelligence (AI) computer system. The case was brought forth by Stephen Thaler, who sought to copyright visual art developed by his AI system….
Hogan Lovells, one of the world’s leading law firms, recently reappointed Miguel Zaldivar for another term as CEO. Zaldivar’s new term will start in July 2024 and run until 2028. Under his leadership, the firm has reached significant financial milestones, and he continues to have an ambitious vision for the future of Hogan Lovells. The…
The U.S Congress passed the Corporate Transparency Act (CTA) in 2020, aiming at curbing illicit activities such as money laundering and tax fraud commonly perpetuated by some U.S companies. This move was intensified by the establishment of federal disclosure procedures uniquely designed to flag and identify rogue players in the corporate scene. The new law…
The Department of Health and Human Services (HHS) has announced the first set of 10 drugs selected for Medicare negotiation, marking a considerable step in the U.S. government’s effort to control the high cost of prescription drugs. The HHS’s decision is part of a larger regulatory and legislative landscape shaping health care in the United…
In what appears to be a legally quagmire for the Internal Revenue Service (IRS), there have been recent updates on penalty supervision. IRS has been sanctioned for bad faith on supervisory approval of penalties, a prominent development in tax law circles. At the heart of the matter is Section 6751(b). The underpinnings of these penalties-and-approval…
On August 29, 2023, the Department of Treasury (the Treasury) in conjunction with the Internal Revenue Service (the IRS) issued proposed regulations that provide guidance on the prevailing wage and apprenticeship requirements, termed as the Labor Requirements, with implications on a wide range of clean energy tax credits incorporated in the Inflation Reduction Act of…
The 9th Anti-Corruption and Corporate Social Responsibility Conference is poised to take place October 9th to 10th in Puteaux, France. The conference is hosted by the C5 Group and promises to unveil notable insights about relevant issues at the forefront of anti-corruption policy and corporate social responsibility. According to details reported by the American Conference…
Law professionals interested in midsize firms will find a unique opportunity at the Mid-Market Road Show which will take place in New England. The event is arranged by Law.com Pro Mid-Market, part of ALM’s news and insights service, and provides key information for and about midsize law firms. The upcoming show will take place on…
In the rapidly expanding digital landscape, the management and protection of Personally Identifiable Information (PII) during the eDiscovery process has become a crucial concern. With legislation worldwide such as the GDPR and the CCPA placing increased importance on data privacy, companies and law firms are under significant pressures to handle PII appropriately, or face heavy…
The Society of Corporate Compliance and Ethics (SCCE) is hosting a Regional Compliance & Ethics Conference on November 9th, 2021 in Dubai, United Arab Emirates. This conference offers regional compliance education and networking opportunities for legal practitioners globally. The forum is a platform for individuals to stay updated on the latest news in regulatory requirements,…
In our fast-paced technological environment, gaining comprehensive understanding of platforms like Microsoft 365 (M365), particularly in the areas of eDiscovery and cybersecurity, has become an urgency for legal practitioners. A HaystackID webcast held on August 30, 2023 extensively explores the complex tenets of M365, an ever-evolving platform that continually redefines its offerings. Read more This…
Starting January 1, 2024, certain U.S. and foreign entities, particularly those classified as Reporting Companies, are mandated to submit detailed information about Beneficial Owners to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). The Beneficial Owners, in this context, refer to individuals who either beneficially own or significantly control these entities. The directive is…
On August 29, 2023, the U.S. Environmental Protection Agency (EPA) confirmed the finalization and release of its guidance and methodologies aimed at evaluating the efficiency claims of antimicrobial products. These products, registered to diminish bacteria and viruses, are specifically designed for use on soft surface textiles in non-residential environments. According to the official announcement, “soft…
In an intriguing shift in the legal industry’s approach towards office management, multiple law firms are now reportedly considering ‘hoteling’, a flexible office sharing arrangement. This model is seen as an effective means of utilizing underused space in post-pandemic law offices, while also accommodating evolving employee workplace preferences. As per a recent survey by real…
In a landmark decision, the U.S. Supreme Court has declared the use of race in university and college admissions to be unconstitutional. Announced on June 29, 2023, in the Students for Fair Admissions, Inc. cases, the judgment applies solely to the admissions decisions of educational establishments that receive “federal financial assistance”. The Court evaluated these…