2024May
0

THE END OF THE NON-COMPETE?

On April 23, 2024, the Federal Trade Commission (the “FTC“) published a final rule (the “Final Rule“) banning non-compete clauses. Under the Final Rule, most employers will be barred from entering into new agreements containing non-compete clauses and from enforcing certain existing non-compete clauses against their workers. The Final Rule will become effective 120 days…

2023Dec
0

STAY INFORMED AND PROACTIVE: NAVIGATING EMPLOYMENT REGULATIONS IN NEW YORK

BUSINESS OWNERS BEWARE – in its ongoing commitment to employee protection, the State of New York consistently introduces new laws that have a significant impact on employers, potentially impeding their companies and exposing them to the risk of fines and penalties for non-compliance. Minimum Wage Increase Effective January 1, 2024, the minimum wage payable to…

2023Nov
0

ARE YOU AN OWNER OF A CORPORATION OR LLC? UNDERSTANDING THE CORPORATE TRANSPARENCY ACT AND COMPLIANCE IS CRUCIAL

Starting January 1, 2024, a significant change in corporate reporting requirements comes into effect with the effective date of the Corporate Transparency Act (CTA). This new legislation mandates that certain types of companies must disclose specific ownership information to the U.S. Department of the Treasury. Failure to comply with these reporting obligations can result in…

2023Aug
0

TALK IS CHEAP, BUT TEXTING MIGHT COST YOU MORE THAN YOUR PHONE BILL

A Canadian judge made headlines on June 8, 2023 when he ruled a thumbs-up emoji was a sufficient acceptance in a contract between a farmer and a grain processing cooperative. A cooperative employee texted the farmer a picture of a proposed contract and asked him to confirm the agreement. The farmer texted back with a…

2023May
0

2023 EMPLOYMENT LAW UPDATE

In its ongoing commitment to employee protection, the State of New York consistently introduces new laws that have a significant impact on employers, potentially impeding their companies and exposing them to the risk of fines and penalties for non-compliance. New York Employers with “No Fault” Attendance Policies Subject to Penalties for Disciplining Employees Who Take…

2023May
0

DON’T BE A VICTIM OF FRAUD! PROTECT YOUR BUSINESS FROM INTERNAL THREATS

At a car dealership, a long-standing and trusted salesperson colluded with an accomplice to submit fraudulent loan applications, inflating vehicle prices and trade-in values. They pocketed a significant portion of the loan proceeds, eventually getting caught through an internal audit, leading to legal action and the dealership’s efforts to recover the funds and restore its…

2023Mar
0

CAN I REPLACE MY ATTORNEY WITH CHATGPT?

IT’S A BRAVE NEW WORLD… As you probably have already heard, ChatGPT is an artificial intelligence (AI) system that provides a vast array of information including legal advice. The system, which was developed by a Silicon Valley startup, uses natural language processing and machine learning to answer basic legal questions. As a search engine, it…