Resources

On January 5, 2023, the Federal Trade Commission (FTC) proposed a new rule that would ban non-compete clauses in employment contracts. Many employers may need to revise their employment contracts and send notifications to current and former employees if the rule is adopted. The changes will likely elicit major challenges […]

Transferring wealth from one generation to the next is a tricky business. It becomes even more complex when a family business is involved since it raises many different emotions tied to planning for the succession of the business and presents significant questions for business owners. Whether consciously or subconsciously, many […]

The NJLAD is a New Jersey law that protects employees of New Jersey employers, from the private sector and state and local government, from discrimination. While the NJLAD has always prohibited age-based discrimination in employment, a new amendment signed into law on October 5, 2021 by Governor Phil Murphy significantly […]

The PPP Flexibility Act (the “Act”) would change the 75/25 rule. The Act states: “To receive loan forgiveness under this section, an eligible recipient shall use at least 60 percent of the covered loan amount for payroll costs, and may use up to 40 percent of such amount for any […]