Sanctions: Just the FAQs Internationally-minded companies should have systems in place to ensure compliance with a vast array of foreign and domestic economic sanctions. That said: before Russia’s invasion of Ukraine, the topic of “economic sanctions” was often relegated to overworked supply chain managers (or the dark, dingy offices of…well, lawyers like us). Fast-forward to […]
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A Fiery Illustration of Why You Must Learn and Use Incoterms Ready, set . . . burn? Luxury car aficionados are mourning the loss of nearly 4,000 vehicles that set ablaze in the middle of the ocean. Yes, dear reader, you read that correctly: cars have caught fire on water. (This, incidentally, is proof that
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Why Are Your Law Firm Fees So High? You, dear Reader, asked us to dig a bit more into our recent blog post, “Why Big Law will continue to get bigger.” You wanted to know why, and how this will affect your bottom line. Big Law is certainly changing. Once known for its power suits,
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What Are the Radical Changes in Dubai? Dubai is one of seven Emirates of the UAE (the United Arab Emirates). Famous for glittering skyscrapers, dancing fountains, and man-made palm-shaped islands, it is a popular location for both investment and business. The UAE is located at the eastern end of the Arabian Peninsula. The country is
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Why Big Law Will Continue to Get Bigger According to The Economist magazine, local law firms are experiencing “…ballooning demand for legal services and falling costs.” Not sure that we are seeing corresponding rate cuts… One reason may be that “[b]ig law is becoming not just bigger but also more concentrated. In 2020, the three
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Santa Claus: Rebel with a Cause It’s that time of the year again, when we celebrate age-old traditions and cherish those who matter to us the most. It’s also when a 260-pound, 1,751-year-old man breaks into your house and trades presents for consideration (namely, milk and cookies). Santa Claus is the self-appointed judge and jury
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Sustainability and ESG: What are they and why should you care? By now, many of you have digested every nail-biting moment of the 2021 United Nations Climate Change Conference in Glasgow, or COP26. There, in Scotland, the IFRS created the ISSB to assist with standard ESG disclosure standards. (There is truly nothing like a global conference
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Haunted Houses…in the Law. As threatened promised, our Halloween blog post. As you may well imagine, each state in this Union has a number of silly laws. What may be even more amusing is reading silly laws written with serious intent. For instance: Nothing is more annoying than finding out that your house is haunted.
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Your Slavery Reporting Requirements We are always grateful for our (very vocal) readership. We recently published on your requirements under the UK’s Modern Slavery Act (2015) (here). Based on an internal poll, it came as no surprise that you collectively voted to learn more about global anti-slavery and human trafficking efforts. Given the morass of
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Your Obligations Under the Modern Slavery Act The Modern Slavery Act (2015). (No, these are not regulations legalizing involuntary servitude…though we alumni of Big Law Firms are familiar with the concept.) Instead, this (unfortunately named) UK regulation is both a logical extension of compliance regulations and an early warning of legislation likely to come. Based
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