Go figure… I post on Monday that the US-DOL hadn’t yet issued the overtime rule updates, and bam! out pops the rule on Tuesday. The magic threshold is $47,476 per year, and that amount automatically indexes once every three years. The Dept of Labor blithely posits that If you need more than a simplistic memeContinue reading And the magic number is $47,476 per year
You have probably never heard of the obscure legal phrase – “the Statute of Frauds”. And that’s good. Way back in the 1600’s, folks finally decided that “he said, she said” is a really bad way to decide if there is a contract and what that contract does and doesn’t say. The best way toContinue reading Living and Breathing the Statute of Frauds
The US Dept of Labor’s long-anticipated changes to the overtime pay threshold still haven’t come out (could be anywhere from $47-50k, up from the current $23k). But, either way, you probably have a sizeable handful of currently salaried employees who will go back to be handled as hourly paid. Which can seem like a kickContinue reading From Salaried, back to Hourly? New US-DOL Overtime rules
Theft of trade secrets has been a federal crime since the 90’s. In response to American companies’ secrets being spirited away by departing employees and foreign-born economic spies, the federal government lent its considerable prosecutorial power to matters that had been very difficult for companies to handle. Since then, the possible penalties were upped inContinue reading Federal ‘Defend Trade Secret Act’ signed in to Law
