Most Clicked PLI SmartBrief Stories


1. LSAT being waived for top applicants at more U.S. law schools

PLI SmartBrief | May 20, 2015

More law schools are taking advantage of a rule from the American Bar Association that allows them to admit students -- up to 10% of their enrollees -- who have not taken the Law School Admission Test but scored very well on other standardized exams. The move comes as law schools seek to stem declines in applications and enrollment. Bloomberg (05/19)


2. Free Fridays Are a Privilege -- A Look at Attorney-Client Issues

PLI SmartBrief | May 22, 2015

The free on-demand program Attorney-Client Privilege and Internal Investigations 2014 will address some of the key problems that arise during investigations such as privilege waiver issues and ethical issues during the investigation.


3. Banks await Supreme Court ruling on disparate impact

PLI SmartBrief | May 26, 2015

Banks are watching a Texas civil rights case before the Supreme Court that could eliminate the theory of disparate impact, which would give banks ammunition to fight the Consumer Financial Protection Bureau on lending-bias issues. A ruling could come this week. Reuters (05/22)


4. Banks in FX settlement given SEC waivers

PLI SmartBrief | May 22, 2015

Five banks that settled criminal charges tied to manipulation of foreign exchange markets and interest rates have been granted waivers by the Securities and Exchange Commission, allowing them to continue issuing securities and serving as investment advisers. Kara Stein, a Democratic member of the SEC, opposed the move. Reuters (05/21) Pensions & Investments (free access for SmartBrief readers) (05/21)


5. FX rigging leads to guilty pleas, fines for major banks

PLI SmartBrief | May 21, 2015

U.S. and European authorities have settled with five global banks regarding manipulation of foreign exchange rates. The banks have agreed to plead guilty to criminal charges and pay about $5.7 billion in fines. Reuters (05/20) Los Angeles Times (tiered subscription model) (05/20) The Wall Street Journal (tiered subscription model) (05/20)


6. Study: New overtime rules would cost companies, employees

PLI SmartBrief | May 21, 2015

A plan by the Obama administration to reclassify more employees as workers subject to overtime-pay rules would cost companies as much as $874 million and block advancement opportunities for employees, a study by the National Retail Federation says. The Hill (05/19)


7. Universities may alter sports setup if athletes are declared employees

PLI SmartBrief | May 22, 2015

The National Labor Relations Board is continuing to consider whether to allow football players at Northwestern University to organize a union. Meanwhile, University of Notre Dame Athletic Director Jack Swarbrick said that "if the entire model were to move toward athletes as employees, we'd head in a different direction." Stanford University's athletic director made similar statements last year. USA Today (05/19)


8. Md. income-tax law violates dormant commerce clause, Supreme Court rules

PLI SmartBrief | May 20, 2015

Maryland has not given full credit to out-of-state income tax, the Supreme Court said in a 5-4 ruling. Justice Samuel Alito wrote that the "inherently discriminatory" policy discourages individuals from doing business across state lines. Officials estimate that the state may be liable for tax refunds worth $200 million. The Washington Post (tiered subscription model) (05/18)


9. Hiring decisions often take less than 15 minutes, study finds

PLI SmartBrief | May 26, 2015

Nearly 60% of hiring managers conducting interviews for a study said they made up their minds about candidates within 15 minutes of the interview, according to researchers from Florida State University. Less than 5% said they had made a decision in the first minute of the interview. The Deseret News (Salt Lake City) (05/20)


10. Great leaders make themselves easy to follow

PLI SmartBrief | May 20, 2015

Good leaders attract followers easily because they are pleasant, have a sense of humor and perspective, and recognize and empower employees, writes Randy Conley. "Show a little compassion and understanding with your team members and you'll earn their loyalty, trust, and commitment," Conley writes. Leading With Trust blog (05/17)




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