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Articles Posted in Business

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How Can You—and How Shouldn’t You—Use AI in the Hiring Process?

You Can, But Should You? To begin with, employers thinking about using AI such as ChatGPT during hiring and selection need to familiarize themselves with the technology at a conceptual level, and then look closely at—and understand well enough so they can explain to others—how AI integrates with their recruiting…

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Are Smart Contracts Smart for Your Business?

Aret Smart Contracts Smart? Imagine if the paper on which your business’ contracts are written could somehow come to life and automatically send payments to your collectors—and receive payments from your debtors—at the appropriate times, as different provisions of said contract are triggered. That’s more or less how electronic smart…

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NLRB Rules Most Employee Non-Competes Unenforceable

Are Non-Competes Really Enforceable? Most non-compete agreements between employers and employees violate the National Labor Relations Act, according to a May 30 memo from Jennifer A. Abruzzo, general counsel for the National Labor Relations Board.  Such agreements, which bar employees from taking certain types of positions or running certain types…

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Who will regulate AI?

If the robots start taking over, you can’t necessarily expect the government to protect you. That isn’t to say the public sector isn’t paying attention.  President Biden and Vice President Harris met recently with CEO’s of Microsoft, Alphabet Google’s and other leading artificial intelligence companies and pushed the message that…

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Changes Coming for Veteran Owned Businesses

Self-certification for veteran-owned and service-disabled veteran-owned small businesses is being eliminated, and a number of other changes went into effect on January 1 as a result of an updated Final Rule from the Small Business Administration (SBA) about these types of awards, details of which will be posted in a…

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Looking ahead to 2023

2023 Business Outlook 2022 started out with the hope of a recovery from the pandemic but ended with a recession.  With the advent of 2023 we are left to ponder on what is ahead for businesses in 2023. It’s the Recession, Stupid:   The war in Ukraine has affected the world…

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Limiting NDAs for Sexual Harassment

Are NDAs for Sexual Harassment dead? Employers will no longer be able to require workers to sign upfront non-disclosure agreements (NDAs) pertaining to sexual harassment incidents they have experienced or witnessed under new federal legislation that passed overwhelmingly through Congress and signed into law by President Biden on December 7.…

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Buyer of Nontraditional Legal Services Beware

Buyer of Nontraditional Legal Services, Beware All kinds of business forms are offered online, and many of them for free.  Stand-alone paralegal services are offering various sorts of assistance to small businesses for significantly less than lawyers generally charge.  Accounting and bookkeeping services that organize businesses are increasingly positioning themselves…

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Family-Owned Business Succession—or Dissolution?

Family Owned BusinessSuccession or Dissolution? They make great stories when they’re successful, but maintaining continuity of family-owned businesses from generation to generation presents many challenges.  A family-owned business can be an excellent means of transferring and preserving generational wealth when run smoothly. Learning to work together as a family can…

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What Would the ‘Workers’ Rights Amendment’ Mean for Your Business?

What Would It Mean for Your Business? Illinois voters will have the opportunity on Election Day, November 8, to vote “yea” or “nay” on an amendment to the state constitution that would protect workers’ rights to collectively bargain, while prohibiting state legislators from making Illinois a “right to work” state,…

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