Fines imposed under the European Union’s General Data Protection Regulation have been relatively low and infrequent. But companies need to prepare for bigger penalties as authorities throughout Europe bolster enforcement efforts and clarify how fines are calculated and imposed. “As ...
Read More »Employee benefits issues prominent in restructuring and bankruptcy cases
With a recession overdue, employee benefits practitioners should be ready when employers face financial distress and should understand how employee benefits are treated in bankruptcy. Recent developments involving executive compensation, pension funding, and withdrawal liability give a glimpse of what ...
Read More »New Labor Department rule clarifies ‘joint employer’ standard
The Labor Department issued a final rule Jan. 12 that clarifies when a worker is employed by more than one company, an issue that affects franchise businesses such as McDonald’s and firms that have outsourced services such as cleaning and maintenance. The ...
Read More »2020 changes to NLRB representation election rules
The National Labor Relations Board recently announced significant changes to its rules regarding representation elections. The new rules undo many of the controversial 2014 modifications made by the Obama board, as discussed below. These changes are not scheduled to become effective until ...
Read More »Pay equity, impeachment among top concerns for directors, general counsel in 2020
When her law firm developed a report on the top topics of concern to boards of directors in 2020, Kerry Berchem knew a key audience would be general counsel as well. “We do try to address topical items directed toward ...
Read More »IRS Issues Proposed Regulations Under Code Section 162(m)
The 2017 Tax Cuts and Jobs Act (TCJA) significantly amended Internal Revenue Code Section 162(m), which generally disallows the deduction of compensation in excess of $1 million paid by a “publicly held corporation” to a “covered employee” in any single ...
Read More »In #MeToo era, some lawyers fielding more ‘reverse discrimination’ queries
With today’s increased focus on diversity and inclusiveness in the workplace, some employment attorneys are reporting that employees are raising more concerns about so-called “reverse discrimination.” “People are generally more aware now that they may have legal rights in employment, ...
Read More »Ensuring access: Law firms adopt technology for better security, document search
Much like other industries, the legal world is rapidly adopting new technologies to improve efficiencies, better serve clients and ultimately to maintain security and remain profitable in an ultra-competitive industry. Long considered an industry slow to adapt and resistant to ...
Read More »Allianz identifies 5 risk trends for directors and officers in 2020
The range of risks facing company executives or directors and officers (D&Os) – as well as resulting insurance claims scenarios – has increased significantly in recent years. With corporate management under the spotlight like never before, a new report by ...
Read More »Managing communications during an internal investigation
As an employer, what you say is just as important as what you do. Internal investigations carried out by HR, compliance and legal professionals are no exception. What you say about the investigation — to employees, your board, media and ...
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