The Federal Reserve Board (FRB) issued a proposal to revise the large financial institution rating framework as it applies to the “well managed” status of a firm. The FRB believes that the... Read more »
The CFPB issued a final rule that limits overdraft fees charged by very large financial institutions. Source link Read more »
The Consumer Financial Protection Bureau issued a final rule that establishes supervisory authority over nonbank companies that are larger participants in a market for general-use digital consumer payment applications. Source link Read more »
In a marriage of pro bono platforms, Paladin, a company whose platform connects lawyers with opportunities to provide free legal help, has acquired Pro Bono Manager, a product developed by Pro Bono... Read more »
The Federal Acquisition Regulatory Council (FAR Council) has issued a final rule establishing a project labor agreement (PLA) requirement for contracts that meet the definition of federal “large-scale construction projects” that are... Read more »
Launched in 1993 and acquired by LexisNexis in 2004, Interaction is one of the most established client relationship management (CRM) products in the legal market. An on-premises product designed for large law... Read more »
State Attorney Generals (“State AGs”) and the federal government are capturing headlines for increasingly suing large corporations for unfair and deceptive trade practices. In some cases, these actions are tackling politically charged... Read more »
Large language models such as ChatGPT are all the rage these days. A lot of commentators, legal professionals, lawyers and media outlets, including this podcast, have spent a lot of time examining... Read more »