Employers, especially those with a workforce spanning multiple states, should take note of a recent First Circuit decision highlighting the increasing likelihood that arbitration clauses and related class action waivers may be subject to challenge in our ever-expanding world of ...
Read More »Is your cloud data secure? Here are some ways to check
According to technology company AAG, in 2015 30% of corporate data was stored in the cloud — the vast network of software and services that run on the Internet. In 2022 that number had doubled to 60% and is expected ...
Read More »Construction industry under increased scrutiny for sex discrimination claims
It’s no surprise that women are underrepresented in the construction industry. The latest statistics published by the U.S. Bureau of Labor Statistics reveal that women make up about 10 percent of the workers in the industry. Employers in the construction ...
Read More »It is time for employers to embrace the ‘Big Quit’ and adapt
Since the global pandemic transformed the employment landscape and led to the Great Resignation, or ‘Big Quit,’ employers continue to struggle to maintain a committed workforce. Employers recognize that their previous inflexible policies and low wages with minimal incremental growth ...
Read More »M&A coming back stronger in 2023 despite economic challenges
With historically high deal counts and values, 2021 was an unprecedented year for the global mergers and acquisitions (M&A) market. In 2022, though, the total value of mergers and acquisitions in the U.S. and Canada fell to $1.477 trillion, a ...
Read More »Artificial intelligence can revolutionize how business is done
All the buzz lately is about ChatGPT, an artificial intelligence chatbot designed to produce, in seconds, natural-language responses to user prompts. As Ajay Agrawal, Joshua Gans, and Avi Goldfarb write in a recent issue of the Harvard Business Review, ChatGPT ...
Read More »What businesses need to know about future litigation risks
Although 2022 saw an overall demand for law services decline on a national level from 2021, one area where midsize firms remained particularly strong was litigation, per Thomson Reuters’ 2023 Report on the State of the Legal Market. Employment and ...
Read More »What employers with group health plans have to do before the COVID-19 emergency ends
If you are an employer sponsoring a group health plan for your employees, chances are you’re aware of the special rules intended to enhance coverage and provide administrative relief during the COVID-19 pandemic. The rules are generally tied to the ...
Read More »Commercial insurance: An annual review of coverage can prevent future disaster
With spring approaching, companies should consider adding an annual insurance checkup to their “spring cleaning” to-do list. Many businesses have, at some point, encountered this nightmare scenario: despite paying substantial insurance premiums year after year, a significant claim arises and ...
Read More »Know your entity status: Reduced fees carry increased penalties for honest mistakes
Just before the New Year, President Joe Biden signed into law the Unleashing American Innovators Act of 2022 with the goal of addressing disparities in the U.S. patent system and expanding access to patents among underrepresented communities. The Act modifies ...
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