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News Briefs
IFA Projects Modest Growth in 2013
The International Franchise Association (“IFA”) is projecting that the franchising industry in the United States will grow slowly in 2013, at a pace slightly below the level recorded in 2012, “yet the industry will continue to outpace growth in other business sectors.” The IFA's annual Franchise Business Economic Outlook for 2013 forecasts that the number of franchise establishments in the United States will increase by 1.4% in 2013 to 746,828, just short of the 1.5% growth in 2012. The number of jobs in franchise establishments will increase 2% in 2013 (following a gain of 2.1% in 2012) to 8.262 million. The output of franchise establishments in nominal dollars in 2013 will increase 4.3% (following a 4.9% increase in 2012) to $802 billion. The gross domestic product (“GDP”) of the franchise sector is projected to reach $472 billion, or approximately 3.4% of U.S. GDP in nominal dollars. The report can be found online at http://franchise.org/uploadedFiles/Franchise_Business_Outlook_12-17-2012.pdf.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.