Products tagged with 'employment law'

This series covers succession planning basics; employment law for business sellers; the ins and outs of estate planning for closely-held businesses; understanding transactions; understanding family business, shared wealth and power; and transitioning out of the business.

Practical takeaways from recent employment law decisions of the Seventh Circuit Court of Appeals and Illinois federal and state courts.

During these unprecedented times, employers must remain purposeful in creating a sense of community, belonging, and engagement in the workplace—whether physical or virtual. Learn practical and legally-compliant strategies for diversity, inclusion, and allyship that can improve productivity, professional development, retention, and overall success and explore emerging terminology and ways to overcome obstacles to diversity and inclusion.

Many employers are addressing whether to reduce the amount of work and headcount of their workforce. When the COVID-19 pandemic is over, employers who acted without carefully evaluating their options and decisions in how they reduced hours and positions, as well as how the decisions were communicated to employees, could face years of legal challenges on top of economic issues. Our panel discusses ways to reduce your legal exposure in these unprecedented times. Topics include:What is a furlough, and what are ways to implement one or more? What are alternatives to reductions in force? What are the types of separations that trigger federal and state WARN, and what are the potential penalties? What should be in a Worker Adjustment and Retraining Notification Act (WARN) notice? COVID-19 and the “unforeseeable business circumstance” provision of WARN. Can an employer do something post-furlough besides a RIF if revenue hasn’t resumed? Severance and release agreement best practices

The application of the Family and Medical Leave Act (FMLA) to employee leaves of absence was a conundrum for employees and employers alike even before Coronavirus times. On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (FFCRA), to provide relief to American workers of certain covered employers in the wake of the coronavirus pandemic. This new law requires covered employers to offer emergency paid leave in the form of a new mandatory paid sick leave benefit and expanded paid leave under the FMLA. Understand the new FMLA and paid sick leave provisions of the FFCRA and obtain practical counsel for navigating the requirements of the law and address questions.

Review the Paycheck Protection Program's loan forgiveness application, the CARES Act and other COVID-19-related legislation. Get up to speed on late-breaking rules, including tax strategies to consider and refund opportunities to apply for, and strategies on how to deal with the PPP.

As COVID-19 continues its deleterious effects on the economy, attorneys representing employees or employers need to understand employers’ obligations to their older employees when it comes to furloughs, layoffs, and severance packages that are compliant with the Older Workers Benefits Protections Act (OWBPA) and the Age Discrimination in Employment Act (ADEA), along with the EEOC’s recent guidance on federal anti-discrimination laws related to COVID-19.

The COVID-19 crisis is having an unprecedented effect on business valuations. A panel of experienced attorneys and financial experts explains how valuations are affected by market volatility and offers in-depth review of specific issues like underwater stock options, financial accounting, and executive compensation, incentives and severance.