Earlier this year on July 31, the Financial Conduct Authority (FCA) published its Cash Savings Market Review (“Review”) immediately following roundtable discussions held with several banks. The review’s insights and its potential implications for firms failing to meet the FCA’s expectations in this area present a significant development within the financial sector that warrants closer…
In a significant advancement to Maine’s commitment to renewable energy, Governor Janet Mills has signed into law “An Act Regarding the Procurement of Energy from Offshore Wind Resources”. The legislation is set to gear up the responsible development of a mighty three gigawatts of offshore wind power in the Gulf of Maine by 2040. The…
As global legal practitioners know, law intersects with many areas of life, from criminal justice to corporate transactions. Health care is one such area where this intersection is distinctly prominent. A noteworthy publication shedding light on recent trends and issues is the ‘Better Health Care Newsletter’, released in August 2023. One piece that attracted attention…
Columbia Law School recently stoked controversy by introducing a short video submission as part of their application requirements. The response on social media and various news outlets was swift. Many accused Columbia Law of exploiting this requirement to bypass the ruling of the Roberts Court that effectively overturned affirmative action recruitment. In response, it’s essential…
In a recent ruling, a Florida judge has approved the request for punitive damages in a defamation lawsuit filed by military veteran Zachary Young and his company, Nemex Enterprises Inc., against Cable News Network Inc. (CNN). The case hinges on alleged defamatory comments made by CNN employees about Young’s involvement in a supposedly “black market”…
In the continually evolving world of digital finance, Non-Fungible Tokens or NFTs have become a hot topic for debate – particularly in tax law. Many legal professionals, especially those associated with significant corporations and law firms, are grappling with the complex and uncharted tax issues surrounding these unique cryptocurrency assets. For those unacquainted, NFTs are…
In a significant legal motion, 21 Democratic Attorneys General (AGs) have intervened in the conversation surrounding the degree of free communication permissible between the U.S. government and social media platforms. These AGs have filed an amicus brief with the U.S. Court of Appeals for the Fifth Circuit, asking the Court to overturn a preliminary injunction…
The Federal Trade Commission (FTC) has recently finalized updates to its Guides Concerning the Use of Endorsements and Testimonials in Advertising (Guides). The revisions come as part of the FTC’s ongoing effort to provide accurate and clear direction on how truth-in-advertising standards, under the Federal Trade Commission Act, apply to endorsement and review-related issues. This…
As the legal industry continues to rapidly adapt to technological advancements, maintaining an efficient customer relationship management (CRM) system has become vitally important. While this aspect of operations may not make the headlines in most businesses, the importance of CRM to enable effective communication and coordination cannot be underestimated. One major challenge that many legal…
The recent enactment of the EU Foreign Subsidies Regulation (FSR), granting investigative powers to the European Commission on foreign subsidies with the potential to distort competition in the EU internal market, continues to have a profound effect on multinational corporations and legal practitioners around the globe. This impact is keenly felt in the transactional process,…
This week marked a significant turn in workplace policies as conveyed by the National Labor Relations Board (“NLRB”). In a bid to reinforce employer work rules, the board has taken the initiative to introduce stricter standards. When challenged, the benchmark will help ascertain if such rules are “facially unlawful” in the purview of Section 8…
Oregon Governor signed into law on July 27 the HB 2052, effective immediately, an Act that imposes registration requirements for data brokers. Under this regulatory provision, a “data broker” is prohibited from collecting, selling, or licensing broker personal data within Oregon unless they have registered with the Department of Consumer and Business Services first. As…
Amid ongoing social unrest over a military coup that took place last week, the UK announced on Thursday that it would reduce the number of staff at its embassy in Niger. This move echoes the actions of other nations such as the United States and several European Union states, all of which have also chosen…
Divorce is often a challenging life event, not only for the emotional toll it takes but also for the significant impact it can have on various aspects of an individual’s life. In a recent examination of the issue published by Lasher Holzapfel Sperry & Ebberson PLLC, it is highlighted that stress and anxiety are common…
In an unexpected turn of events, top-tier law firm Stewarts has suffered a significant 55% profit-per-equity-partner (PEP) drop, a notable contrast to the fortunes of the previous year. This unplanned occurrence goes against the upward profit trajectory that characterized the firm’s financial performance in 2022. Despite this downturn in PEP, the firm’s managing partner holds…
Just weeks after Judge Analisa Torres’s novel securities analysis in SEC v. Ripple Labs, a different judge in the Southern District of New York has drawn a distinction between Ripple’s approach and its policy outcomes. The judge’s argument is presented within the context of another highly-public, SEC enforcement action involving digital assets. For readers desiring…
As corporations continue to understand and navigate the complexities of the California Privacy Rights Act (CPRA), the Pacific Coast state has introduced another layer of privacy protection targeted at its younger residents. The law in question, effectively starting July 1, 2024, is the California Age-Appropriate Design Code Act (CAADCA). According to a recent article by…
Another legal action surfaces from the realm of social media, this time involving renowned supermodel Bella Hadid. It’s a territory that is increasingly fraught with copyright disputes, the latest of which accuses Hadid of infringing upon a company’s copyright with an image of herself posted on Instagram. The suit against Hadid is not an isolated…
With the rapid rise of social media platforms, it’s not surprising to see many sectors harness these platforms’ potential for their marketing strategies. One such platform making waves recently is TikTok. Interestingly, and somewhat surprisingly, law firms are not exempt from this trend. Published recently on JD Supra, an article titled “TikTok for Lawyers: The…
In a recent patent lawsuit involving technology giant Apple and its South Korean competitor Samsung, Western District of Texas Judge Alan Albright demonstrated a contrasting decision in the courtroom. Significant to the legal professionals and corporations worldwide, this occurrence casts useful insights into the current justice system’s decision-making process with respect to patent suits. Apple…
While the Supreme Court’s overruling of affirmative action and Biden’s student loan forgiveness cases certainly garnered a significant amount of media attention, a number of quieter cases may bear profound consequences for various facets of American life. The public health and environmental sectors anxiously await the implications of Sackett, while artists ponder how they will…
Healthcare organizations today often grapple with a significant snafu of the digital age: online reviews. These public testimonials, for better or for worse, have a massive influence on a healthcare organization’s reputation. Even a small number of dissatisfied patients can cause substantial harm with negative comments posted on social media and customer review platforms like…
Sean Edgett, Twitter’s former general counsel, has taken up the reins as the first chief legal officer at Upside Foods, a pioneering firm in lab-cultivated meat. Known for crafting “no kill” meat products, the Berkeley, California tech-unicorn specializes in producing only the edible parts of livestock – chickens, pigs, and cows. The appointment coincides with…
As the U.S. Women’s National Soccer Team competes in the FIFA Women’s World Cup, their strategic public relations maneuvers throughout their contentious battle for pay equity with the U.S. Soccer Federation come to the fore. As experienced corporate law professionals understand, the verdict in the court of public opinion can often wield equal, if not…
In a noteworthy trend, 2022 saw stellar financial rewards for law school graduates. Data from the National Association for Law Placement (NALP) reveals that the median starting salary reaches a new high at $85,000, a 6.3% increase from 2021’s $80,000. The professional prospects for these graduates just took an upturn, as per the job roles….