Evolving Legal Education: Practical Contract Training for Future In-House Lawyers

We’ve often heard the adage “do it afraid”, a piece of advice aimed at motivating individuals to face challenges head-on, despite their fears. However, when it comes to pressing responsibilities such as reviewing, revising, drafting, negotiating, and managing contracts, can fear be a detrimental factor to in-house lawyers? For many legal professionals, their first in-house…

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Agiloft Unveils AI Trainer for Industry-Specific Contract Management Solutions

Contract lifecycle management company Agiloft has launched a new product called AI Trainer, specifically designed to empower non-technical legal and business professionals. This innovative tool addresses one of the primary challenges that arise when using artificial intelligence software for contract review: training AI to align with a company’s unique preferences for phrases and essential terms….

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Harnessing the Power of Dynasty Trusts for Long-Lasting Wealth Transfers

Within the world of legal estate planning, there’s a tool gaining prominence; one that can foster long-lasting wealth transfers through generations: the dynasty trust. This particular trust has the potential to not only streamline asset allocation among descendants, but also offer additional protections for families over extensive periods of time, possibly even indefinitely. According to…

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DEA Contemplates New Telemedicine Special Registration for Prescribing Controlled Substances

In a recent development concerning governmental regulations surrounding telemedicine, the United States Drug Enforcement Administration (DEA) has indicated its intent to contemplate a potential new Special Registration for telemedicine. The goal of this registration process would be to allow health professionals the ability to prescribe controlled substances to their patients without the necessity of an…

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Navigating the Implications: NLRB Reassesses Legal Structure in Stericycle Decision

In another instance confirming that, indeed, the devil resides in the details, the National Labor Relations Board (“NLRB” or the “Board”) recently delivered a noteworthy decision. On Wednesday, August 2, 2023, in Stericycle, Inc., 372 NLRB No. 113 (2023), the Board reassessed a critical legal structure to determine whether workplace regulations contravene the National Labor…

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DOJ’s Proposed Accessibility Regulations for Government Websites: Implications for the Commercial Sector

The U.S. Department of Justice (DOJ) has issued a Notice of Proposed Rulemaking (NPRM), seeking to enhance the accessibility of state and local government websites to individuals with disabilities — a move that has implications beyond governmental spheres. Headquartered in Washington, D.C., the DOJ is amongst those few federal agencies that hold wide-ranging responsibilities for…

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Legal Community’s Integrity Called into Question Amid Ethical Concerns and Criminal Suspicions

In recent legal news, a series of events have unfolded that might leave one questioning the integrity and ethics among esteemed members of the legal community. The stories range from questionable finance practices to suspicion of heinous crimes, painting a disturbing picture. The everyman image of Justice Clarence Thomas seems to be specifically under question…

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Navigating the Complexities of Business Succession Planning for a Prosperous Future

Business succession planning, though possibly uncomfortable to consider, is paramount to the longevity and prosperity of an enterprise following a transition in ownership. In an insightful article by Husch Blackwell LLP, several strategies that business owners may contemplate in the construction of their succession plans are brought to light. At the larger end of the…

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Navigating Succession Planning: Safeguarding Businesses for Future Continuity

Every successful business operates on a framework of careful planning and strategizing. This becomes significant when business owners, perpetually engrossed in augmenting their ventures and optimizing success, need to contemplate what happens to their businesses upon their withdrawal or inability to manage. This situation is suitably addressed by the process of succession planning, a contingency…

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Canadian Employers Face New Compliance Requirements: Navigating Mandatory Employment Statements

The Canadian federal government has officially published a template to guide employers in the preparation of mandatory employment statement. This follows changes to the Canada Labour Code and its regulations that were implemented on July 9, 2023. These amendments necessitate federal Crown corporations and federally-regulated employers operating within the private sector to provide a written…

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Navigating AI Transactions: Addressing 5 Potential Pitfalls in Mergers and Acquisitions

Artificial Intelligence (AI) has sparked significant interest and witnessed rapid growth, thereby becoming a vital focus of technology transactions. Remarkably, the inherent standard acquisition agreement seems not to have matched the pace and demand of AI companies. These modern tech entities pose unique risks to potential buyers, risks that a standard transaction approach may fail…

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