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Texas Lawyer

Employers Are Calling Their Lawyers as Overtime Rule Revisions Loom

"You need to stay up to the minute on developments," said Mark S. Goldstein, a labor and employment lawyer at Reed Smith. "We have to be able to be flexible and pivot quite quickly, with the patchwork of employment laws at the state and local level."
4 minute read

The Legal Intelligencer

Don't Let Your Trade Secrets Walk Out the Door With Your Employees: Patent Them!

The FTC's new rule makes it an unfair method of competition to enter into new noncompete clauses or enforce existing noncompete clauses after Sept. 4, 2024 (120 days after publication of the rule in the Federal Register), with very limited exceptions.
11 minute read

Corporate Counsel

Photronics Places 14-Year GC on Leave, Amid Internal Review of Transactions

The company, which makes photomasks for semiconductors, is sidelining Richelle Burr at a time the C-suite already is in transition.
2 minute read

International Edition

Britain's Labour Party Manifesto: 5 Crucial Insights From Lawyers

"Private equity is the only industry where performance-related pay is treated as capital gains. Labour will close this loophole," - 2024 manifesto.
5 minute read

The Legal Intelligencer

DOL's New 2-Phased Salary Basis Increase for OT Exemptions Has Businesses Crying Foul

After convening nearly 30 listening sessions and reviewing over 33,000 written comments to its rulemaking proposal issued last fall, the DOL is not only ready to play ball but is swinging for the fences.
7 minute read

Law.com

AARP Joins Attorneys in Filing Federal Age Discrimination Class Action Against RTX Corp.

"Fortune 500 companies should know better than to exclude hardworking older Americans from jobs by targeting 'recent college graduates' in hiring posts," Adam Klein, managing partner at Outten & Golden, said in a statement.
4 minute read

Law.com

Trade Secret Protection Plans Provide Certainty to Employers

The protection of trade secrets has long been understood to be a legitimate business interest, and, traditionally, companies have used non-competition clauses to protect their trade secrets. Now, with non-competition agreements in doubt and facing greater scrutiny, companies will need to rely on other protection mechanisms.
6 minute read

New York Law Journal

Manhattan Court Dismisses $80M Breach-of-Employment Contract Suit Against Blockchain Firm Chainalysis

Judge Joel M. Cohen of the Commercial Division of the New York Supreme Court sided with Chainalysis, who was represented by counsel from Skadden, Arps, Slate, Meagher & Flom, granting the company's motion to dismiss plaintiff Blake Ratliff's breach-of-contract suit for failure to state a viable claim for relief, and finding the suit untimely, according to a June 7 decision.
5 minute read

The American Lawyer

Cooley Grows Compensation, Benefits Practice With Cadwalader, Wilson Sonsini Partners

Cooley adds partners in Washington, D.C., and San Diego as the firm's public company clients are seeking advice on increasingly complete compensation and benefits matters.
3 minute read

Corporate Counsel

Court Stymies Judge Who Ordered Southwest Attorneys Into 'Religious Liberty' Training

The U.S. Court of Appeals for the Fifth Circuit found Judge Brantley Starr likely exceeded his authority when he doled out the contempt sanction last summer in a religious-discrimination case brought by one of the airline's flight attendants.
5 minute read

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