We’re fast approaching the deadline for established companies to submit their first mandatory Beneficial Ownership Information (BOI) report to the Financial Crimes Enforcement Network (FinCEN). With the deadline just days away, the team at Ivory Law wants to remind our clients and readers to speak directly with your in-house legal counsel or business attorney about getting this report prepared and submitted before Read More
Department of Justice Continues Antitrust Crackdown
In recent months, we’ve seen multiple major announcements from the Department of Justice (DOJ) on antitrust matters. We’ve seen them file litigation to break up Ticketmaster and pursue Apple for “monopolizing” the smartphone market, among others. This persistent effort under the current administration highlights critical compliance matters for major tech companies, but it should also raise the red flag for small and Read More
Understanding the Risk Categories in the EU AI Act as Governments Zero in on Artificial Intelligence
Artificial intelligence is here in a big way. Most businesses are finding ways to implement AI programs to improve their work and make the work more efficient. But, as with any swift advance in technology, there are concerns about how businesses may create and use AI in ways that harm the public and potential employees. Those concerns have led to calls for governments around the world to enact proactive legislation Read More
Misclassifying Employees Could Prove Costly for Your Business
Classifying your workers may seem like a trivial administrative task, but it carries significant weight in corporate legal compliance. The evolving nature of employer-employee relationships, increasing “gig” economy workers catalyzed by the COVID-19 pandemic, and greater government scrutiny has put more pressure on employers to get this right. Frankly, businesses can’t afford to misclassify employees. Understanding Read More
How an Effective Intellectual Property Portfolio Adds Value to Your Business
In today's fast-paced and innovation-reliant business world, understanding the actual value of your company’s intellectual property (IP) is a basic necessity. While most companies grasp the importance of protecting their creativity and day-to-day work, fully leveraging an effective IP portfolio significantly boosts a company's actual monetary value. An effective IP strategy includes a comprehensive suite of Read More
Does It Make Sense for In-House Legal Departments to Implement Contract Lifecycle Management Platforms?
In the rapidly evolving business landscape, an effective and efficient method for managing contracts and the work coming in and out of your business is crucial. Without a capable system in place, businesses run the risk of letting crucial details and work slip through the crack, potentially exposing the business to lawsuits or worse. Many businesses are stuck deciding between the establishment of in-house legal Read More
How Ivory Law Group’s Partnership with York IE Will Disrupt Traditional Business Building
In an era of business where innovation and efficiency are expected, the newly announced partnership between York IE and Ivory Law Group heralds a significant shift in how growth-stage companies will build their legal, financial, and go-to-market foundations. This collaboration is not just another corporate alliance; it is a strategic move designed to disrupt traditional business building by providing comprehensive, Read More
What Your Business Needs to Know About FinCEN Beneficial Ownership Reporting Requirements
In an effort to combat what the government believes to be rampant money laundering and other illicit financial activities by certain entities, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) is rolling out new beneficial ownership reporting requirements. These regulations, stemming from the Corporate Transparency Act (CTA), require that qualifying businesses operating within the Read More
You Need More Than a Legal Service Provider, You Need a Business Partner
What are you getting out of your law firm? In the General Counsel and Corporation Transaction spaces, law firms are often filling in the legal blank for organizations that need occasional services and moving on to the next. We know because our team has experience serving as in-house legal counsel and working with a variety of law firms prior to the formation of Ivory Law Group. We want to flip this thinking on its Read More
How Are We Making Legal Operations More Affordable and Efficient?
Our world is evolving. The legal operations space is going through changes and those unwilling to adapt or get involved are being left behind. The traditional model of having a law firm that relies largely on the work of attorneys to do extensive backend work results in unnecessarily high legal bills and inefficient results. Process automation unlocks a cost-savings model that allows for a more streamlined Read More