Categories for Policies & Procedures

Corporate Transparency Act: What every small business needs to know about the upcoming reporting requirements

LEGAL UPDATE: Corporate Transparency Act – What every small business needs to know about the upcoming reporting requirements  

by | September 18, 2023

The Corporate Transparency Act (CTA) is a federal law enacted as part of the Anti-Money Laundering Act of 2020 meant to reduce financial crime in small businesses across the United States. Specifically, the CTA requires that smaller, otherwise unregulated, companies file a report with the US Department of Treasury’s Financial Crimes Enforcement Network within their new Beneficial Ownership Secure System (BOSS), which the network may share with other government agencies and financial institutions who request it. The Act will come into effect on January 1st, 2024, for newly formed companies and on January 1st, 2025, for already existing companies.  

Spirited Small Business Team

Let The Spirit Of Your Business Be Its Guide

by | July 21, 2023

Discover the vital role of the spirit of your business plays in driving success and shaping decisions, including legal infrastructure. Equinox recognizes the significance of the spirit and purpose of your business as a guiding light, setting you apart, attracting customers, unifying your team, and gaining stakeholder support. Through our comprehensive Business Health Assessment, we take a holistic view of your business's spirit, mind, and body, providing personalized guidance to fortify your business's health through a strong legal foundation. Start your assessment now to empower your journey towards success.

AI Transcription Services - what you need to know

LEGAL UPDATE: AI Transcription Services – what you need to know

by | June 15, 2023

Discover what you need to know about AI transcription services in this insightful legal update by Danica Paddock. As professionals seek ways to gain more time in their busy schedules, meeting transcription services powered by AI offer a solution for efficient note-taking, transcription, and analysis of voice conversations. However, security concerns arise regarding the confidentiality of client-attorney privileged communications and sensitive internal company discussions. The article highlights potential risks associated with data breaches, the collection of participant information, and the ownership of transcribed content. It advises users to carefully consider the implications before using AI transcription services and to evaluate the level of risk they are willing to accept.

Social Media Posts in the Workplace

LEGAL UPDATE: Social Media Posts in the Workplace – A Guide for Businesses to Ensure Compliance with the FTC’s Guidance 

by | March 20, 2023

Employers should be aware that the FTC requires disclosure of an employee's employment relationship when making an endorsement on social media for the company they work for. The disclosure must be in simple and clear language and placed conspicuously. The FTC recommends that companies establish a social media policy that includes these disclosure requirements, consistently enforce the policy, and provide employees with training. Employers that direct employees to create or share social media posts should implement a policy and monitor the posts for compliance. To avoid potential legal issues, it is important for employers to follow these guidelines to ensure compliance with the FTC's rules.

Pink Law Book

Unlocking the Power of Law for Small Businesses: Lessons from “Legally Blonde”

by | February 23, 2023

Small businesses face numerous challenges, from competition to financial instability to legal risks. By using the power of law, small businesses can protect themselves, level the playing field, and succeed. In this blog post, we'll explore how small businesses can use the law to protect the business they love, like Elle Woods in the movie "Legally Blonde" shows us that anyone, regardless of their background or stereotypes they may face, can make a positive impact using the law.

Work From Home HR Posters

LEGAL UPDATE: Washington’s Mandatory Workplace Notices Are Evolving For Remote Workers

by | August 25, 2022

The Family and Medical Leave Act (FMLA) permits the electronic posting of the required poster if all other requirements are met, which include posting in conspicuous places on the premises where employees are employed, a general notice, explaining the FMLA's provisions; and providing information concerning the procedures for filing complaints of violations of the FMLA.