Succession planning is a critical aspect of managing small, closely held businesses, as the unexpected departure of a key leader can significantly disrupt operations and challenge the business's legal...
Entering into a letter of intent for an office lease agreement? Consult our playbook for valuable key provisions, alternative language provisions, and guidance for both landlords and tenants. Download...
In the complex world of M&A transactions, transition services agreements (TSAs) serve as critical bridges between deal closing and operational independence thus creating stability during organizational...
This practice note covers key legal and regulatory issues to evaluate, questions to ask, and documents to review in medical device or diagnostic technology deals, including M&A, investments, financings...
Executive Order 14210 issued by the Trump Administration calls for a "critical transformation of the Federal bureaucracy," which provides, among other things, submission of a plan by the Director of the Office of Management and Budget (OMB) to reduce the size of the federal government's workforce. An earlier executive order placing a hiring freeze for federal civilian employees requires that each agency hire no more than one employee for every four employees that depart. See The White House, Regulatory Freeze Pending Review. However, the order specifically states that such provision does not affect the standing hiring freeze under the earlier executive order as applied to the IRS, which states that the hiring freeze remain in effect for the IRS until the Secretary of the Treasury, in consultation with the Director of OMB and the Administrator of the United States Department of Government Efficiency (DOGE) Service (USDS), determines that it is in the national interest to lift the freeze.
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