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Poll: Corporate Executives Worried About New Lease Accounting Compliance
According to a recent Deloitte poll, nearly half the responding top-level corporate executives are worried about their companies' ability to comply with the upcoming lease accounting changes in a timely manner.
Although the beginning date for compliance with the new Financial Accounting Standards Board's (FASB) and International Accounting Standards Board's (IASB) new lease accounting standards is still approximately 18 months away for U.S.-based public companies, 47.1% of high-level corporate executives are concerned about their organizations' ability to implement on time.
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.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.