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Showing 16 posts in Did you Know?.

Legal Insights Into Businesses Using AI

Legal Insights Into Businesses Using AI
Legal Insights Into Businesses Using AI

The AI Revolution is here! Startups across our region are using AI tools in innovative new ways. But could there be legal pitfalls you haven’t considered? Read More ›

Categories: Copyright, Cybersecurity, Did you Know?, Intellectual Property, Liability, Technology

Corporate Transparency Act: What You Need to Know Before 2024

Depressed Man with Stacks of FoldersIntroduction and Scope of New Rule

With a stated goal of countering money laundering, the financing of terrorism and other illicit activities (including those of Russian oligarchs currently under U.S. sanctions), Congress passed the Corporate Transparency Act (CTA) in January 2021 as part of the National Defense Authorization Act. In 2022, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) began to publish rules in its efforts to begin enforcement of the CTA likely beginning on January 1, 2024. Read More ›

Categories: Alerts and Updates, Did you Know?, Employment, Legislative Updates, News

Federal Trade Commission Issues Sweeping Proposed Rule to Prohibit Noncompete Agreements

Banning Non-Compete ContractOn January 5, 2023, the U.S. Federal Trade Commission (FTC) issued a proposed new regulation that would broadly prohibit employers from using or enforcing noncompete agreements with employees, former employees, contractors, or other workers. Read More ›

Categories: Alerts and Updates, Did you Know?, Employment, Labor Relations, News

Starting a Business in 2022? Top Things You Need to Know

You're leaving your current job because you have an idea for starting your own business in 2022. In your head, the business plans look incredible and you will be working on something you're truly passionate about. But where do you start? Read More ›

Categories: Did you Know?, Entity Planning, Entity Selection, Organization & Planning, Startup

Cybersecurity Impact on Small Businesses in Wake of Colonial Pipeline

In the wake of the Colonial Pipeline ransomware attack, cyber attacks such as ransomware and phishing continue to be a major threat for all businesses, large or small. Even with precautions in place, it is not a matter of "if" but "when" a business will experience an attack. In the case of Colonial Pipeline, the hackers not only demanded and received millions from Colonial Pipeline in May 2021, but the resulting ransomware attack forced the company into a fuel distribution shutdown, making headlines across the country and causing gas shortages on the east coast. The attack also compromised thousands of individuals' personal information.  Read More ›

Categories: Cybersecurity, Did you Know?, News, Technology

Women Owned Small Business Certification Program - Part Two: Certification and Benefits

Certification ReviewThis is the second part in a series discussing the Women Owned Small Business (“WOSB”) certification program with the U.S. Small Business Administration (“SBA”). Part One  summarizes the eligibility requirements.

This post, Part Two, briefly reviews the certification process and the benefits of certification. Read More ›

Categories: Compliance, Did you Know?

Women Owned Small Business Certification Program - Part One: Requirements

Business Owners2020 brought uncertainty to the world and, for many businesses, financial instability. In addition, 2020 brought inequities and disparities in our society to the forefront. To address both of these issues, many businesses are striving to achieve increased diversity in the workplace, while simultaneously seeking additional opportunities to secure financial opportunities. Read More ›

Categories: Did you Know?

Cybersecurity and Data Privacy Considerations in Due Diligence

Data privacy and cybersecurity concerns are changing the way potential investors and acquirers evaluate a target company through due diligence. Data and security related risks can be extremely costly – especially those that are not uncovered in due diligence. Read More ›

Categories: Cybersecurity, Did you Know?, Digital Assets, Privacy

California Enacts Sweeping Privacy Legislation

On June 28, California governor Jerry Brown signed into law the California Consumer Privacy Act of 2018. The Act will significantly impact companies (including many based outside of California) and United States legislation in the coming months, although it is unclear whether the new law will serve as an example for other states or an outlier. Importantly, the Act contains a number of "GDPR-like" features, making it the most restrictive data privacy law that the United States has ever seen. Read More ›

Categories: Cloud Computing, Did you Know?, Digital Assets, Privacy

Provisions for Vendor Contracts

This is the second article in a series on Third Party and Vendor Management. The first article discussed pertinent considerations for vendor contracts in the context of cybersecurity. Read More ›

Categories: Contracts, Cybersecurity, Did you Know?, Digital Assets