2025: SLATs on the Brink of a Rapid Rise in Popularity?
The 2010 Tax Relief Act temporarily increased the federal estate and gift tax exemption to $5 million per individual, a significant rise from prior years. As the 2012 fiscal cliff…
US Department of State Announces Annual Limit Reached in EB-5 Unreserved Category
The U.S. State Department and U.S. Citizenship and Immigration Services announced that they have issued all legally available visas in the unreserved EB-5 Immigrant Investor Program categories for Fiscal Year…
AI-Generated Content and Trademarks
The rapid evolution of artificial intelligence has undeniably transformed the digital landscape, with AI-generated content becoming increasingly common. This shift has profound implications for brand owners introducing both challenges and…
Energy Tax Credits for a New World Part I: Overview of Energy Tax Credits under the IRA
Signed into law on August 16, 2022, the Inflation Reduction Act (IRA) is the most significant long-term commitment made by the U.S. government to encourage and support a clean energy…
August 2024 Legal Industry News Updates: Law Firm Hiring and Expansion, Industry Awards and Recognition, DEI and Women in Law
Thank you for reading the National Law Review’s legal industry news roundup for August 2024. We hope you are enjoying your summer! Please read below for the latest in law…
EPA Announces Strengthening the Safer Choice and Design for the Environment Standard for Commercial and Household Cleaning Products
On August 8, 2024, the U.S. Environmental Protection Agency announced that it made updates to strengthen the Safer Choice and Design for the Environment (DfE) Standard, which identifies the requirements that…
A Lawyer’s Guide to Understanding AI Hallucinations in a Closed System
Understanding Artificial Intelligence (AI) and the possibility of hallucinations in a closed system is necessary for the use of any such technology by a lawyer. AI has made significant strides…
Lyft Owes No Duty To Its Drivers To Do Background Checks On Riders
Al Shikha v. Lyft, Inc., 102 Cal. App. 5th 14 (2024) While working as a Lyft driver, Abdu Lkader Al Shikra was stabbed by a passenger in a “sudden and…
American Bar Association Issues Formal Opinion on Use of Generative AI Tools
On July 29, 2024, the American Bar Association issued ABA Formal Opinion 512 titled “Generative Artificial Intelligence Tools.” The opinion addresses the ethical considerations lawyers are required to consider when…
Down to the Wire for Employers and FTC Noncompete Ban
Compliance Deadline Approaches Employers are running out of time to comply with the FTC’s purported regulatory ban on non-competition agreements. The ban – announced on April 23, 2024 – is…