ILN Today Post

New Retirement Plan Limitations Announced by the IRS for 2022

The IRS just released IRS Notice 2021-61, providing for the new cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for the 2022 Tax Year. Changes to the limits are based upon the Social Security cost-of-living increases. Unlike last year, as a result of higher inflation many of the applicable pension and retirement limitations are rising significantly from the rates in place for the 2021 Tax Year.

Click here to see the 2022 plan limits.

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ILN Today Post

The Impact of the Personal Information Protection Law on Life Science Business

The Personal Information Protection Law (“PIPL”) came into effect on 1 November, 2021. It is the first comprehensive legislation on personal information protections. It will have significant impact on business, including, in particular, life science business. Read more…

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ILN Today Post

Ready, set, go: Employers race to comply with OSHA ETS vaccine requirements

Almost two months after President Joe Biden called for quick action on COVID-19 vaccine or testing rules, the Occupational Safety and Health Administration (OSHA) released Emergency Temporary Standards (ETS) on November 4, 2021. With these new rules, employers with 100 or more employees have a tight timeframe to implement policies on vaccines, testing, and masking – assuming the rules are not halted by a legal challenge.

Now it is go time for employers in terms of decision making.

McDonald Hopkins’ Labor and Employment team has prepared an overview of the 490-page ETS to help employers understand the most critical details.

Learn what action steps to take and get answers to your most important questions ahead of the upcoming deadlines for compliance.

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ILN Today Post

McDonald Hopkins ranked among the nation’s top firms in 2022 by U.S. News & World Report and Best Lawyers®

CLEVELAND ­— McDonald Hopkins LLC has been recognized among the nation’s “Best Law Firms” in U.S. News & World Report and Best Lawyers’ 2022 rankings. The firm is highlighted in 45 categories, including 23 rated as Metropolitan Tier 1 practice areas. McDonald Hopkins is also nationally ranked in six categories.

According to U.S. News and World Report and Best Lawyers, the rankings are based on the highest number of participating firms and the highest number of client votes received on record. Ranked law firms are presented in three tiers and listed on a national and regional-based scale. Tier designations reflect the high level of respect a firm can earn among other leading lawyers and clients in the same communities and practice areas. Read more…

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Non-Compete Laws: Illinois – 2021 Q&A Guide for Employers

Thomson Reuters Practical Law has released the 2021 update to “Non-Compete Laws: Illinois,” a Q&A guide to non-compete agreements between employers and employees, co-authored by our colleagues Peter A. Steinmeyer and David J. Clark.

Following is an excerpt:

This Q&A addresses enforcement and drafting considerations for restrictive covenants such as post-employment covenants not to compete and non-solicitation of customers and employees. Federal, local, or municipal law may impose additional or different requirements.

Download the full Q&A in PDF format.

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Court of Appeal of Quebec: Insurance Policy Arbitration Clause Trumps COVID-19 Class Action

By Nick Krnjevic, from our Insurance Law Practice Group

PDF

November 3, 2021 — Multi-tiered “mediation-arbitration” clauses are increasingly popular since they not only offer flexibility in the manner of resolving disputes, but also provide a timely, cost-effective dispute-resolution option that enables the parties to proactively intervene in the early stages of the dispute.

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Task Force Issues New FAQs on COVID-19 Workplace Safety Guidance for Federal Contractors

On November 1, 2021, the Safer Federal Workforce Task Force (“Task Force”) issued new FAQs for federal contractors and subcontractors (“covered contractors”) that are subject to Executive Order 14042, Ensuring Adequate COVID Safety Protocols for Federal Contractors (the “Order”), and its “COVID-19 Workplace Safety: Guidance for Federal Contractors and Subcontractors” (“Guidance”).  The Guidance is intended to ensure that COVID-19 workplace safety protocols apply to any workplace locations in which an individual is working on or in connection with a federal contract or contract-like instrument.  The new FAQs address vaccination and safety protocols, the scope and applicability of the Guidance, and compliance.  The requirements apply to new contracts awarded on or after October 15, 2021, and to contracts entered before that date when an option is extended or an extension is made.

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Video: OSHA ETS Coming Soon, OSHA Cracks Down on States, and EEOC Updates Guidance – Employment Law This Week

As featured in #WorkforceWednesday:  This week, government agencies at both the federal and state level are preparing for the Occupational Safety and Health Administration’s (OSHA’s) vaccine emergency temporary standard (ETS).

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ILN Today Post

Illustrative Chart of Personal Data Export Security Assessment

Welcome to read Llinks Bulletin:“Illustrative Chart of Personal Data Export Security Assessment”.

If you have any questions, please do not hesitate to contact us:

Publication@llinkslaw.com Read more…

 

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Dealing with Networking Negatives in the Virtual Age

Everyone is dealing with “zoom fatigue” these days, so it’s that much more irritating when you do make the time to hop on a virtual business development or networking session only to have it turn into a flop. I’m sure you’d rather have been billing or spending the time with your family or doing literally anything else, right?

Let’s instead look at some of the things that may go wrong and what you can do about them – I’m not talking about the famous “you’re on mute!” (I think we all know how to handle that by now) or other technical issues that crop up, but rather the true networking negatives.

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