Legal Tech and In-House Teams Adapt to Growing Generative AI Lawsuit Landscape

At a time when generative artificial intelligence (AI) lawsuits are becoming more common, legal technology providers and in-house legal teams are starting to take notice. As these lawsuits continue, various industry insights are arising that could prove useful for these firms and departments. One of these insights is the crucial understanding that legal technology and…

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FTC’s June 2023 Revisions: Implications for Consumer Understanding of Arbitration Clauses

Recently, there have been insightful developments on the consumer understanding of arbitration clauses given by Professor Jeff Sovern, who specifically discussed the FTC’s June 2023 revisions to its Endorsement Guide. Sovern’s blog spotlighted the FTC’s new definition of “clear and conspicuous” – a significant change that has a broad impact on the advertising industry. As…

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NLRB Cemex Decision Upends Union Certification Elections, Impacting Labor Law Landscape

In a recent decision that diverges from a half-century of precedent, the National Labor Relations Board (NLRB or Board) has altered the landscape of union certification elections. The NLRB’s Cemex decision on August 25, 2023 marks a significant shift away from secret-ballot elections as the preferred method of union certification. In the Cemex decision, the…

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Webber Wentzel Dominates Africa Legal Awards 2023, Spotlighting Continent’s Legal Talents

The annual African Legal Awards ceremony is a prominent event in the global legal calendar, recognising the outstanding work conducted by legal professionals across Africa. This year, the awards highlighted both established firms and rising stars, with Webber Wentzel garnering the most accolades. Webber Wentzel, a South African law firm, proved to be the biggest…

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California’s Delete Act: Strengthening Data Broker Regulation and User Privacy Rights

The Golden State appears poised to make alterations to its existing data broker law with Senate Bill 362, informally dubbed the Delete Act (“the Act”). Following its recent approval in the Assembly’s Committee on Privacy and Consumer Protection, the Act has been passed on to the Assembly’s Committee on Appropriations. This imminent change in legislation…

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Policymakers Prioritize Drug Payment Reforms and Transparency to Alleviate Prescription Cost Burdens

In the escalating quest to address the increasing cost of prescription medications, it appears lawmakers’ spotlights have focused on the end consumer. The rallying call among policymakers has been a combination of measures aimed at simultaneously lowering drug prices while also providing consumers with more options for their out-of-pocket expenses. On this account, an increasing…

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NYSHRL’s Source-of-Income Discrimination Statute Deemed Unconstitutional: Implications for Equitable Housing Practices

In a significant recent decision, New York State Human Rights Law’s (NYSHRL) source-of-income anti-discrimination statute has been ruled unconstitutional. The ruling, in the case of People v. Commons W., LLC, throws a spotlight on the difficult equilibrium between promoting equitable housing practices and protecting constitutional rights. The source-of-income discrimination statute was formulated to ensure that…

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Whirlpool’s $11.5 Million Penalty Spotlights Corporate Responsibility in Consumer Safety

The Consumer Product Safety Commission (CPSC) recently announced that globally-renowned home appliances manufacturer, Whirlpool Corporation, has conceded to pay a hefty $11.5 million civil penalty. This substantial settlement arises from the CPSC’s charges asserting that Whirlpool deliberately did not promptly report, as mandated by law, that 17 models of their electric radiant heat cooktops had…

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Standard Insurance Suffers Major Data Breach Affecting Over 300,000 Customers

In a disturbing turn of events, late last month, over 300,000 customers of Standard Insurance Company were impacted by a data breach. The breach, centered on the MOVEit data healthcare transfer service, was revealed by Pension Benefit Information, LLC (“PBI”). The extent of information accessed by unauthorized parties is believed to include sensitive details such…

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Breaking Barriers: Black Professionals Championing Change in Private Equity and Finance

In an era where diversity and representation are paramount, we spotlight professionals making significant contributions to their sectors. In this installment, we focus on the narratives of black dealmakers and change makers in the private equity and financial community. The insights offered in this series serve to both illuminate the unique challenges faced by black…

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DOL’s Notice of Proposed Rulemaking to Expand Overtime Protections: Impact on Labor Costs and Strategies

In a move that came as significant, yet not unexpected, the Department of Labor (DOL) announced a Notice of Proposed Rulemaking on August 30, 2023, proposing to increase the Fair Labor Standards Act’s (FLSA’s) minimum salary threshold for white-collar overtime exemptions. This was reported by Kelley Drye & Warren LLP on their legal news page,…

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Implications of CFPB’s Section 1071 Final Rule: Exploring New Small Business Lending Data Regulations

As we traverse the labyrinth of legal regulation updates, it is essential to keep up with new mandates. One such significant update arrived in the form of the Consumer Financial Protection Bureau’s (CFPB) new small business lending data collection and reporting rule—Section 1071 Final Rule. Legal professionals worldwide, especially those working within large corporations and…

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SEC Awards $18 Million to Whistleblower: Enhancing Transparency and Integrity in Financial Markets

In an announcement made on August 25, 2023, the U.S. Securities and Exchange Commission (SEC) revealed its decision to grant an award exceeding $18 million to a whistleblower. The individual in question first reported misbehavior within their organization internally before providing key information and assistance that engendered a successful SEC enforcement action. The grant signifies…

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Drug Pricing Developments Unfold: CMS Guidance, Constitutional Challenges, and Legislative Efforts in 2023

With the turning of the midpoint of 2023, the arena of drug pricing sees an influx of developments. The Centers for Medicare & Medicaid Services (CMS) finalized its guidance to prepare for unprecedented price negotiations, putting a highlight on the initial 10 drugs covered under the Innovation and Regulatory Affairs (IRA). Meanwhile, the constitutionality of…

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