On Jan. 1, a new federal law took effect that more likely than not affects your business. This new law is called the Corporate Transparency Act. The CTA affects every nearly every small business in the United States that employs ...
Read More »Cybersecurity Outlook 2024: Measures for safeguarding data in the age of AI
New technologies — and artificial intelligence (AI), in particular — offer enhancements and efficiencies that make our lives easier. Chatbots can quickly connect us to the solutions we need and software automation can reduce 20 minutes of work to two ...
Read More »AI’s big advances yield challenges for clients navigating benefits and risks
Artificial intelligence is moving at lightning speed, and it has resulted in a quickly changing legal landscape on the federal, state, and now international levels. The AI-X team at Faegre Drinker advises clients in various industries on regulations and risk ...
Read More »OSHA worker walk-around final rule
Under Section 8(e) of the Occupational Safety and Health Act (OSH Act), employees and employers are permitted to have a representative accompany OSHA Compliance Officers (“CSHOs”) during physical inspections of worksites as part of OSHA inspections. These physical inspections have ...
Read More »It’s never too early to start 2024 business tax planning
Tax planning for businesses frequently occurs at or near year end. However, that timing may be too late to implement certain actions for the current year that could save tax dollars. A more prudent approach would dictate tax planning be ...
Read More »Recruiting and retaining staff at nonprofits
The world of nonprofit work has always attracted people who are passionate about a common cause. Many nonprofits exist to support needy or underserved populations, addressing a variety of social issues. But passion alone can’t pay the bills, and nonprofits ...
Read More »Building a data foundation for AI success
Artificial intelligence (AI) is transforming the world of business, enabling organizations to improve efficiency, productivity, innovation and customer satisfaction. However, AI is not a magic bullet that can be applied without proper preparation and planning. To leverage AI most effectively, ...
Read More »AI: Developing a strategy and approach
Every day we open our news feeds and there is yet another article about Artificial Intelligence (AI). One article states how the proliferation of AI will end democracy. Another talks about a situation where AI will take over all jobs. ...
Read More »You’re hiring a summer intern … what about payment?
It’s that time of year – the time when many employers hire their summer interns. Interns can be great additions to an organization. They can bring in fresh perspectives, help support employees, and become potential candidates for full-time employment. On ...
Read More »Data integrity and AI: The old problem is a new problem
Part of the “magic” of generative AI is that one can put in a request and get an answer without doing the grunt work of parsing through mountains of data or manually incorporating visual elements in a creative process – ...
Read More »