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CLE

Lost Profit Damages Litigation: Trends, Updates, and Challenges Amid the COVID-19 Pandemic

2021-08-20T04:20:26-04:00

The COVID-19 pandemic has brought an immense economic toll on businesses across the globe. Specifically, it prompted a spike in the number of lost profit damages lawsuits as businesses seek to recover lost profits because of pandemic-related damages. However, although there are various damage calculation theories available, pandemic-related lost profit claims can be taxing and challenging. Thus, businesses and their counsel must always exercise diligence in documenting their revenues and profits. They must also be abreast of emerging regulatory developments to avoid pitfalls.

The Revised USPTO Subject Matter Eligibility Guidance: What You Should Know

2023-01-19T22:44:54-05:00

In January 2019, the United States Patent and Trademark Office (USPTO) issued a revised guidance to be used when evaluating subject matter eligibility and updated same in October 2019. The revised and updated guidelines primarily focus on patent eligibility procedures involving patent claims and applications. By providing new guidance in identifying whether a patent claim or patent application claim is directed to a judicial exception, it aims to bring better clarity and predictability to Step 2A of the Alice/Mayo test.

Anti-Money Laundering Due Diligence and Compliance in the 2021 Landscape: Going Beyond the Horizon

2021-08-19T05:44:46-04:00

The anti-money laundering (AML) due diligence and compliance landscape continue to heighten with the passing of the Anti-Money Laundering Act of 2020 (AMLA). The AMLA, which is regarded as the most crucial AML legislation to date, was designed to modernize the anti-money laundering policy in the U.S. It also aims to strengthen the current financial system, improve government coordination, and streamline AML compliance obligations.

Cybersecurity Management: Best Practices in a Remote Environment

2021-12-23T03:55:03-05:00

To keep businesses running efficiently even amid the COVID-19 crisis, different organizations shifted their operations to the "new normal" remote workforce environment. However, aside from the challenges of this sudden shift, the risks of cybersecurity attacks have also rapidly increased. Cyber threats have become more rampant, taking advantage of the situation and specifically targeting remote workers.

Emerging Antitrust Issues Amid the COVID-19 Pandemic: What Companies and Financial Institutions Must Know and Do

2021-08-20T01:24:44-04:00

The COVID-19 pandemic is reshaping antitrust law enforcement across the globe. Recognizing the need for a closer cooperation among private businesses, the US government seems to be more flexible now in reviewing COVID-19-related competitor collaborations. In April, both the Department of Justice (DOJ) and the Federal Trade Commission (FTC) announced the expedited seven-day evaluation procedure, which typically takes months for traditional business reviews.

Effective Mental Health Response for Lawyers During the COVID-19 Pandemic: Key Strategies Explored

2021-08-23T03:00:33-04:00

The current COVID-19 crisis has greatly impacted all industries across the world and the legal industry is no exception. Recently conducted studies show how the pandemic instigated a spike in the stress and anxiety levels of lawyers. Thus, a significant increase of alcoholism, mental health distress, and other related health problems had been noted in the legal industry.

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