Member News

03 Dec
Member News, News

Stephenson Harwood | The “Digital Omnibus”: Ten Key Changes to the GDPR and AI regulation

On Wednesday 19 November 2025, the European Commission published its Digital Omnibus Regulation proposal as part of its Digital Omnibus Package (the “Digital Omnibus”).  The Digital Omnibus proposes reforms across EU data, AI and cyber legislation, aimed at simplifying existing laws and boosting innovation, whilst maintaining high standards. The package proposes significant amendments to the EU General Data Protection Regulation (“GDPR”), ePrivacy Directive, Data Act, Data Governance Act and NIS2 Directive, as well as the EU AI Act. It should be noted...

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03 Dec
Member News, News

Littler | Employers Set to Benefit from Proposed Changes to EU AI Act

Facing concerns from industry and citing implementation challenges at the governmental level, the European Commission this week proposed a deferral of aspects of the AI Act and proposed other substantial amendments. Major proposed amendments include: Postponing enforcement of the “high-risk” provisions to December 2, 2027, or August 2, 2028, for systems deemed high-risk pursuant to EU harmonization legislation. This development is significant for employers, given that use of AI systems in “employment, workers management and access to self-employment” is one area deemed...

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03 Dec
Member News, News

PKF O’Connor Davies | Returning from the Shutdown: Where Taxpayers Stand with the IRS

With the effects of the government shutdown still looming and the holiday season upon us, the IRS’s slow operational rebound remains a critical factor for taxpayers navigating year-end responsibilities. As the IRS resumes full operations, taxpayers and practitioners alike are bracing for a complicated recovery period. The agency faces a significant restart, with backlogs piling up and staffing stretched thin even as regular operations resume. Below, we share some observations on how these issues may impact taxpayers. A Gradual Return to...

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03 Dec
Member News, News

Ogletree Deakins | Stay Ahead of the Curve: Essential Employment Law Updates for Retailers in 2026

In today’s rapidly evolving legal landscape, staying informed about changes in employment laws is crucial for employers. Recent updates across the nation have introduced significant shifts that impact workplace policies, employee rights, and compliance requirements. Whether you are managing a small boutique or overseeing a large chain of stores, understanding these changes is essential to maintaining a compliant workplace. Quick Hits California and New York are implementing stringent measures to curb “stay or pay” contracts. A Florida appellate court ruled...

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02 Dec
Member News, News

Wilson Sonsini | The Entrepreneurs Report: Private Company Financing Trends, Q3 2025

Wilson Sonsini is pleased to present the Q3 2025 edition of The Entrepreneurs Report. We’ve compiled a range of data on venture, convertible note, and SAFE financing transactions in which the firm was involved during the third quarter, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Key Features of This Edition: Market Perspectives: Former Wilson Sonsini General Counsel in Residence and current Edge Focus Chief Legal Officer David...

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24 Nov
Member News, News

Wilson Sonsini | The EU Omnibus Proposals Intend to Introduce More Flexibility in the GDPR, AI Act, and Other EU Digital Regulations

On November 19, 2025, the EU Commission (Commission) published a set of legislative proposals to introduce more flexibility into a number of EU digital regulations, including: • the Digital Omnibus, which amends a number of provisions of the General Data Protection Regulation (GDPR) and the ePrivacy Directive, as well as the Data Act; and • the AI Omnibus, which focuses on the AI Act (jointly, the Omnibus Proposals). The Omnibus Proposals aim to simplify the legal framework for data processing and AI to encourage...

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24 Nov
Member News, News, Uncategorized

Barnes & Thornburg | J-1 Visa Holders: Options and Alternatives to the H-1B

In today’s competitive immigration landscape, the H-1B visa often dominates conversations around employment-based pathways. However, the J-1 Exchange Visitor Program offers a dynamic and underutilized avenue for international professionals to gain meaningful U.S. experience, build skills, and contribute to global workforce development. Hosted by Barnes & Thornburg, this informative video session was designed specifically for U.S. immigration attorneys seeking to expand their strategic toolkit for advising clients. It explores how the J-1 visa can serve as a high-impact option for...

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24 Nov
Member News, News

Trepp | Data Centers Enter the Mainstream: Multi-Billion Dollar Commercial Real Estate Issuance & Asset Pricing Trends

Data centers have evolved from a specialized commercial asset class into a central pillar of securitized commercial real estate (CRE) markets. Other financing streams for hyperscale facilities vastly exceed securitized issuance in volume. Yet the subset represented here offers critical insight into how this segment is priced and capitalized within structured finance. These assets are largely smaller colocation facilities, not the privately financed large-scale developments built for hyperscalers. The trends we observe reflect structural shifts in digital infrastructure demand and...

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21 Nov
Member News

Barnes and Thornburg | In Search of: IEEPA Tariff Refunds

Highlights • The U.S. Supreme Court is expected to rule on the legality of the International Emergency Economic Powers Act (IEEPA) tariff actions in late 2025 or early 2026. • Importers should begin to prepare for potential tariff refunds by tracking protest filing deadlines and by filing timely protests with U.S. Customs and Border Protection (CBP). • The courts could also establish a special IEEPA refund process that may require certain filings or complaints in court. As the U.S. Supreme Court reviews the...

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21 Nov
Member News

Vulcan View: The latest EU developments 17 November – 21 November

Commission unveils digital package revamping data and AI rules On Wednesday (19 November), the European Commission presented a major digital simplification package designed to foster innovation while maintaining high standards. The proposal intends to cut administrative costs by up to €5 billion by 2029 and introduce new European Business Wallets, which could generate an additional €150 billion in yearly savings. Overall, the package seeks to make it much easier for European companies to scale and remain leaders in technology by streamlining rules...

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