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Generative AI – ‘a cool technology with a lot of potential’ – comes with risks
Do businesses not involved in the development of generative AI need to be concerned or excited about it right now?
Is your cloud data secure? Here are some ways to check
By 2025, it’s believed the cloud will hold 200 zettabytes of data from all over the world.
Manufacturers look to improve maintenance, efficiency during recessionary times
Although more than 62% of U.S. manufacturing leaders believe the U.S. economy will enter a recession this year, most will not be pulling back in areas that help increase their efficiency.
Rochester manufacturers feeling squeezed by rising inflation
Per the U.S. Bureau of Labor Statistics, inflation rose to a 40-year high in 2022, with a consumer inflation rate of 9.1 percent. It was the largest 12-month increase since the 12 months ending November 1981. This is not good news for manufacturers and distributors whose industries are often dependent on raw materials but as […]
M&A’s coming back stronger in 2023 despite economic challenges
With historically high deal counts and values, 2021 was an unprecedented year for the global mergers and acquisitions (M&A) market.
What is your company’s M&A strategy? Experts offer tips for making one
For companies looking to monetize, grow, digitize and/or diversify, mergers and acquisitions (M&A) are a key strategic option.
Today’s M&A landscape – Could 2023 be the year to sell your business?
After a record-breaking year of Mergers & Acquisitions (M&A) activity in 2021, deal-making activity remained strong again in 2022. In fact, 2022 continued with the run of record-breaking M&A activity and valuations globally, and the impact was mirrored locally. Despite increasing inflation, rising recession concerns, the war in Ukraine, and an overall apprehension a[...]
Natural disasters, pandemic, ‘nuclear’ verdicts all contribute to rising costs of insurance
From supply chain and labor issues to economic and social inflation, a myriad of challenges impacts coverage, premiums, deductibles, and other areas critically important to businesses.
Rising insurance rates call for closer relationships with providers
Between inflation, supply chain issues, catastrophic weather event and more, a perfect storm is hovering over commercial insurance rates. According to MarketScout, the composite rate for US commercial insurance rates rose 5.1% in the fourth quarter of 2022 and the year closed with overall commercial rate increases for the sixth straight year. Everything is going […]
Commercial insurance: Annual review of coverages can prevent future disaster
With spring (finally!) approaching, companies should consider adding an annual insurance checkup to their “spring cleaning” to-do list. Many businesses have, at some point, encountered this nightmare scenario: despite paying substantial insurance premiums year after year, a significant claim arises and the company learns that it is not fully covered. The claim might fall outside […]
What businesses need to know about future litigation risks
Employment and labor disputes were the most common area for litigation across all industries surveyed by the 2023 Annual Litigation Trends Survey, published by Norton Rose Fulbright. The survey expects litigation in these areas to remain steady or increase in 2023.
Unions, AI, workplace issues trending in local litigation
Are litigators from leading local law firms seeing these same trends? We checked in with three to find out.
