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February 18, 2013
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Legal News in Brief

  Corporate Spotlight 
  National News 
  • Obama targets $1.5 trillion in tax revenues, spending cuts
    President Barack Obama's plan to avoid upcoming automatic cuts amounts to $1.5 trillion in higher taxes and budget cutbacks, the White House says. Separately, the Congressional Budget Office estimates that if the automatic cuts take effect March 1, they will lower growth of the U.S. gross domestic product by 0.6% for 2013 and cost the economy 750,000 jobs. Bloomberg (2/18) LinkedInFacebookTwitterEmail this Story
  Legislative Dispatch 
  • Obama works on backup plan for immigration overhaul
    President Barack Obama is developing a backup proposal for U.S. immigration overhaul in case bipartisan negotiations in Congress over such a bill collapse, White House Chief of Staff Denis McDonough said. Under Obama's draft plan, it would take about eight years for an illegal immigrant to become a legal permanent resident of the U.S. Reuters (2/17), USA Today (2/17) LinkedInFacebookTwitterEmail this Story
  Employment Focus 
  • Analysis: U.S. minimum wage is low by global standards
    President Barack Obama's proposal to raise the U.S. minimum wage by 24% comes at a time when America's minimum is one of the lowest among developed economies, according to The Economist. Proponents say the plan would increase the poorest workers' spending power and reduce poverty. Critics say it would decrease jobs for low-skilled workers. Economists traditionally have opposed minimum wages, but research questions that view. The Economist (tiered subscription model) (2/16) LinkedInFacebookTwitterEmail this Story
  Supreme Court and Federal Court Watch 
  Other Legal News 
  Professional and Business Development 
  • 3 ways your smartphone can help you find a job
    CareerBuilder and other job sites offer mobile applications, so you don't need to sit at a computer to conduct job research, Debra Auerbach writes. Smartphones also make networking much easier with the use of apps to help you save people's business cards and update your online profiles while on the go, she writes. The Work Buzz (2/14) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • Guidance on Health Care Reform Is Coming in Fast and From All Angles
    The departments of Health and Human Services, Treasury and Labor have recently been releasing proposed rules in droves, with much more to come on the horizon. The Feb. 21 audio briefing Health Care Reform: An Employer's Essential Guide will help demystify an employer's obligations under the Patient Protection and Affordable Care Act and assist employers in complying with the new requirements while avoiding costly mistakes. LinkedInFacebookTwitterEmail this Story
  • Will Noel Canning v. NLRB Destroy the CFPB?
    Recently the D.C. Circuit ruled on the highly anticipated case of Noel Canning v. NLRB, in which President Barack Obama's recess appointments to the National Labor Relations Board were invalidated. According a recent Alston & Bird advisory posted on PLI's Securities Law Practice Center, the decision may have serious ramifications for the Consumer Financial Protection Bureau, whose director was appointed in the same manner. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
You will become as small as your controlling desire; as great as your dominant aspiration."
--James Allen,
British author


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