Practus, LLP

Join Practus partner, Linda V. Priebe, JD, CIPP/E, and a panel of GDPR experts as they dive into a critical issue costing US companies business opportunities—defective GDPR Article 28 contracts. If your business isn’t fully compliant, you might already be losing potential EU business opportunities. This free November 8 webinar will cover essential “do and do nots” of Article 28 contracts, including insights from both US and European perspectives. What: Lost Business Opportunities from Incorrect GDPR Article 28 Contracts When: Monday, November 8, 10 a.m. EST | 16:00 CET Who: Linda Priebe (Practus), Monika Wendleby & Ranja Bunni (Passacon AB), Anna Cumzelius (Harvest Advokatbyra) Registration link is in the comments - it’s a free event, but you must register in advance (SPACE IS LIMITED!) Don’t miss this chance to protect your business and expand its opportunities abroad. #thepractusway #GDPR #PrivacyCompliance #LegalWebinar #GDPRArticle28 #InternationalBusiness #EU #InternationalAttorney #DataPrivacy #GlobalIndustry #ModernLawFirm

Our people are our #1 priority, and we make it a point to care about what they care about. That’s why we’ve been posting each week for Breast Cancer Awareness Month. This hits close to home at Practus, impacting some of our partners and their loved ones. By sharing critical information about breast cancer, we hope it encourages people to perform self-checks and get exams that could lead to earlier detection. Join us in our annual donation to the Komen Foundation to promote research and offer financial assistance to those that need it as they undergo treatment. If you’re not ready to donate, please feel free to share our other posts this month to continue spreading awareness around breast cancer. #practuslaw #thepractusway #breastcancerawareness #breastcancer #cancersucks #breastcancerawarenessmonth

We’re rounding out this week with another critical update from Practus partner, Timothy Spangler! This time, it’s all about Smart Contracts that utilize blockchain technology. In Timothy’s latest article for IAA Today, he explores how Smart Contracts (self-executing transactions on blockchain networks) are set to revolutionize financial market infrastructure. While many associate blockchains with cryptocurrency, the potential applications of smart contracts extend far beyond. Get the complete article, Smart Contracts and the Future of Financial Instruments: A Practical Guide for Investment Advisers, on our Practus News page: https://lnkd.in/dY62BUfB #thepractusway #practuslaw #legalnews #legalinsights #smartcontracts #blockchain #financialmarkets #investmentadvisers #fintech #corporatelaw

This week’s Thought Leadership piece is an article co-written by Practus partners, Karen Aspinall, Robert Moreiro, and Bobby Rhatigan: Understanding FinCEN’s New AML Rule for Investment Advisers In their latest article, our partners dive into the recently issued AML Rule from the Financial Crimes Enforcement Network (FinCEN), which targets illicit finance risks in the investment adviser industry. The rule imposes anti-money laundering and countering the financing of terrorism (AML/CFT) requirements on a broad range of federally registered and exempt reporting advisers (RIAs and ERAs). Key insights include: 1. What the AML Rule requires: Internal policies, compliance officers, training, audits, and customer due diligence are all part of the new compliance structure. 2. Why the AML Rule now?: The rule seeks to close gaps in AML/CFT oversight for investment advisers. 3. High-risk areas: Concerns about criminals and foreign states exploiting the U.S. financial system through investment advisers to launder dirty money. 4. How foreign RIAs are impacted: Specific activities within the U.S. or involving a U.S. person trigger AML Rule requirements for foreign advisers. 5. Exemptions and exclusions: The rule adopts a narrower definition of “investment adviser” than initially proposed and certain customers are excluded from AML/CFT obligations. With an effective date of January 1, 2026, now is the time for investment advisers to begin implementing risk-based AML/CFT programs and ensure compliance with these new regulations. Read the full article: https://lnkd.in/d3NdM_vQ #thepractusway #practuslaw #legalnews #legalinsights #AML #investmentadvisers #financialservices #CFT #FinCEN #financialregulations #corporatelaw #regulatorycompliance #modernlawfirm

ICYMI: our attorneys have been busy sharing critical insights into changes of law and how this affects you on our Practus News page. We've rounded up some of the top articles over the last month to make sure you and your business stay up to date on these latest changes. Some of the topics include: 1. AI & Data Privacy with Linda V. Priebe, JD, CIPP/E 2. Google Antitrust Case Updates with John Cardinal Parks 3. Top Legal Topics of 2024 by VP of Recruiting, Stephanie Recupero (with insights from our lawyers) 4. Noncompete Bans & Labor and Employment Law with Molly Aspan 5. Innovative Hedge Fund Services with Chris Hayes Get a quick recap of all of these articles here: https://lnkd.in/dEYwrdpp #thepractusway #practuslaw #legalinsights #legalnews #antitrust #financialservices #ai #modernlawfirm

This week, we're highlighting our Alternative Dispute Resolution (ADR) practice area! Disputes don’t always need to end up in a lengthy, expensive trial. At Practus, we help clients resolve their disputes efficiently and cost-effectively through arbitration, mediation, and other ADR methods. Our team draws on their extensive litigation experience to guide clients toward practical resolutions, saving both time and resources. Some of our ADR services include: -Arbitration and mediation services -Efficient and timely resolution of disputes -Guidance throughout the ADR process -Representation in state and federal courts if needed -Support for complex, high-stakes matters Learn more about how our ADR team can help you resolve disputes more efficiently: https://lnkd.in/dxP_CTwX #thepractusway #practuslaw #ADR #alternativedisputeresolution #litigation #arbitration #mediation #clientfocused #efficientresolutions

As The Ultimus Fund Solutions 2024 Client Summit comes to a close today, we want to give a special thanks to Practus partner, Raymond Holst, who shared his insights on properly executing a Section 351 Exchange on today’s panel. We’ll be sharing more from the summit, including key takeaways from the week soon, so stay tuned! Until then, we hope all event attendees and speakers had a great time for the summit’s first year at the beautiful Gaylord Texan Resort in Dallas. #thepractusway #practuslaw #ultimusclientsummit #ultimusfund #taxlawyer #taxlaw #351exchange

Every 14 seconds, someone around the world is diagnosed with breast cancer. The biggest factor in surviving it is to find it early. Early detection rates are higher when you perform monthly self examination and understand what the 12 symptoms of breast cancer look like. Know Your Lemons Foundation is a great resource (and app) that you can use to perform regular self exams. It also helps guide you through any changes you notice during these self examinations For this week’s Breast Cancer Awareness post, we encourage you to take a quick look at these easy-to-digest resources and share them with your loved ones to promote early detection! Learn when and how to perform regular self exams here: https://lnkd.in/gCn7x86v Understand the 12 symptoms of breast cancer here: https://lnkd.in/dCEbjWBz #thepractusway #practuslaw #breastcancerawareness #breastcancerawarenessmonth #cancersucks #knowyourlemons

This week’s Thought Leadership Thursday comes from Practus partner, Timothy Spangler: CA’s AI safety bill is dead. Now what? In Timothy’s latest article for the Daily Journal, he dives into challenges of regulating generative AI without stifling innovation. With California’s controversial AI safety bill (SB 1047) vetoed by the governor, the tech industry now faces uncertainty around the future of AI safety regulations in one of the world’s largest tech hubs. Key insights include: -The implications of having no comprehensive regulatory framework for AI -How this impacts innovation and generative AI in California -Timothy explores what the veto means for the future of AI and how companies can navigate this regulatory gap. Get the scoop: https://lnkd.in/d86JXjUE #thepractusway #practuslaw #legalnews #legalinsights #AIregulation #billsandlegislation #techindustry #innovation #compliance #AIlaw #corporatelaw #sb1047

“For me, success is doing impactful work, forging strong relationships, and having satisfied clients. [...] I don’t just consider myself my client’s lawyer. I’m a trusted advisor who works constantly to exceed their expectations.” - Practus partner, Jeffrey Rambach In this Six Minute Series, Jeff shares his journey from aspiring doctor to becoming a transactional business attorney, advising on federal, state, and international taxation, real estate, private equity, and more. Discover how his passion for helping clients understand complex legal concepts has become his professional “secret sauce” and what makes the Practus model a perfect fit for his practice in Jeff’s full interview here: https://lnkd.in/dBsmmXjZ #thepractusway #practuslaw #LegalInsights #TaxLaw #PrivateEquity #BusinessLaw #ModernLawyer #SixMinutesSeries #VirtualAttorney