Compliance Stuff

Trade secrets are a pivotal element in the competitive strategies of businesses, fostering innovation and providing a f lexible, cost-effective means to safeguard valuable business information . They are an instrumental part of both corporate  governance  and  compliance .  Anything that is safeguarded and has independent economic value can be a trade secret, including business processes, advances in technology, secret formulas, algorithms and more. The protection of trade secrets is fundamental for maintaining a competitive edge, spurring investment in research and development and driving economic growth.  This is particularly salient in the age of AI, where organizations are using generative AI prompts and outputs to improve operations and are, in some cases, creating new AI-based technologies.  Trade secrets are subject to certain  risks  and compliance obligations as a result of new AI-related laws and regulations in the  EU  and the...

AI is reshaping the workplace, and two of the nation’s most influential states – California and New York – are making sure businesses take accountability. California’s Attorney General issued  sweeping advisories  on Monday warning that AI-driven decisions must align with existing laws on consumer protection, discrimination, privacy, and competition . Meanwhile, New York’s Governor announced on Tuesday that  NY will become the first state to require businesses to disclose AI-related layoffs , signaling a growing expectation that employers must track and justify AI’s impact on workers. Employers in both states must take immediate steps to ensure compliance, transparency, and workforce readiness – and employers across the country should take note given that your state may soon follow. California’s AI Crackdown: Compliance is Not Optional California Attorney General Rob Bonta issued  two separate legal advisories  on January 13 reinforcing that  AI is already ...