Mexico’s recent election was massive. Literally. There were 98 million eligible voters and 70,000 candidates contesting 20,000 government positions. In this landmark election, Mexico opted to elect its first female president, Claudia Sheinbaum. Although this election has significant ramifications for Mexico, the US has also been watching keenly watching with...
Cross-functional collaboration is a dynamic approach within an organization that integrates individuals from different departments with varying expertise to achieve a common goal. This can happen organically or be intentionally curated by organizational leaders. This article explores both organic and intentional approaches that foster increased internal collaboration and optimize benefits...
A basic understanding of copyright is helpful for any business owner, artist or creator to grasp. Copyright is the protection of intellectual property, or original works of authorship, which include many things such as literature, music, art of all kinds, movies, computer code and more. While business owners all have...
On April 23, 2024, the Federal Trade Commission (“FTC”) issued a final ruling banning the vast majority of noncompete agreements nationwide as “unfair methods of competition” in commerce. The rule will not go into formal effect until 120 days after the Federal Registrar formally adopts the new ruling (estimated to go into effect in August or early September). Until then...
Artificial intelligence (AI) has become an effective tool for companies to boost their productivity. AI can increase efficiency, accuracy, and eliminate the risk of human error for companies. Many companies have incorporated AI into their everyday business practices, whether that be marketing, operations, or customer service. AI has been impactful...
In California, the taxes and regulations can be difficult to keep up with and there are many reasons why business owners would want to move their corporations out of state. There are a few different ways to move your corporation out of California, each with its own pros and cons....
Beginning July 1, 2024, SB 553 will take effect requiring California employers to establish, implement, and maintain a workplace violence prevention plan. Under SB 533, workplace violence is broadly defined as any act of violence or threat of violence in the place of employment. Implementing a workplace violence prevention plan...
The workspace can be a very diverse place, featuring colleagues of various ages, races, ethnicities and more. In Western culture, there are 4 generations commonly present in our workforce right now, from oldest to youngest: baby boomers, Generation X, millennials, and Generation Z. At POTENTE, we can proudly say that...
In comparison to trials, arbitration can expedite dispute resolution, help avoid class-action lawsuits, and circumvent the potentially costly and time-consuming litigation process. Therefore, it is imperative that businesses ensure arbitration clauses are enforceable. On December 21, 2023, in Hasty v. American Automobile Assn. of Northern Cal., Nev. & Utah, a...
The United States Department of Labor (DOL) announced that beginning March 11, 2024, a new final rule will address independent contractor classifications. This new rule provides a guideline as to whether a worker is classified as an employee or an independent contractor under the Fair Labor Standards Act. The DOL...
While the federal minimum wage has remained the same since 2009 at $7.25 an hour, many states have continued to raise their minimum wage. California’s minimum wage is more than double the federal minimum rate and continues to increase. Beginning in 2024, California’s statewide minimum wage will increase from $15.50...
With 2023 coming to an end, there are many new employment laws taking effect in 2024. It is imperative for employers to familiarize themselves with these new laws to ensure their businesses are compliant in the new year. Below is a summary of some relevant laws that are going into...
