PLDO Law Blog

Month: October 2020

SEC Adopts a New Definition of “Accredited Investor”

by ceckert | October 15, 2020 | Business |

On August 26, 2020, the Securities and Exchange Commission (the “SEC”) adopted amendments to the definition of “accredited investor.” The amendments permit investors to qualify as accredited investors based upon additional criteria focused on financial sophistication,...

DOL Solicits Public Comment on Independent Contractor Proposed Rule

by ceckert | October 15, 2020 | Employment Law |

On September 22, 2020, the U.S. Department of Labor (the “DOL”) released a proposed regulation addressing when a service provider should be classified as an independent contractor rather than an employee. The change is important to both employers and service providers...

SHOULD CLIENTS KNOW IF THEIR ATTORNEY USES AI? CONFIDENTIALITY AND INFORMED CONSENT CONSIDERATIONS

by Paige E. Macnie | Apr 11, 2025

Once safely confined to the realm of science fiction, AI is now an undeniable reality. AI driven tools are rapidly evolving and becoming indispensable across industries, including the legal field. Attorneys now have access to AI-powered research assistants, contract...

DEVELOPING AN EFFECTIVE “AI” POLICY

by Joel K. Goloskie | Apr 11, 2025

Artificial Intelligence (“AI”) is now a very real part of our business ecosystem, and will play an increasing role in many companies’ continued growth. Leveraging a business's data assets and the skills of its workforce, there are numerous ways that AI can help...

TO COMPETE OR NOT TO COMPETE

by Alisa Hoover | Mar 31, 2025

Scrutiny of new and existing noncompetition and nonsolicitation provisions affecting employees and independent contractors has magnified since February 26, 2025. That Wednesday, the Federal Trade Commission (FTC) issued a directive to form a Task Force to examine...

BUSINESSES VS. THE FEDERAL GOVERNMENT: AN UPDATE ON THE ONGOING LEGAL BATTLE OVER THE CTA

by Javellys Polanco | Mar 31, 2025

The fight over the Corporate Transparency Act drags on as the Financial Crimes Enforcement Network further postpones reporting requirements. PLDO Attorney Javellys Polanco provides the latest update for businesses below: The Corporate Transparency Act, 31 U.S.C. §...

WHY BUSINESS SUCCESSION PLANNING SHOULD BE A PRIORITY IN 2025

by Gary R. Pannone | Jan 10, 2025

Succession planning is a vital yet often neglected component of a comprehensive business strategy. Whether it is a start-up or a ten-year-old business, developing a succession plan is a critical step in ensuring the continuity and long-term stability of any business....