Shechtman Talks Midsize Advantages In Managing Partner Q+A

The U.S. Department of the Treasury and IRS recently issued temporary regulations that provide an immediately effective framework for establishing and administering “Trump Accounts,” including broad automatic enrollment and large-scale contributions funded by governmental and charitable donors. The regulations became effective September 30, 2026, apply to taxable years beginning on or after January 1, 2026, and expire September 30, 2029.

The IRS has released Revenue Procedure 2026-24, establishing new inflation-adjusted limits for Health Savings Accounts and high-deductible health plans effective in 2027. These updates include increased contribution limits, higher minimum deductibles, and expanded out-of-pocket maximums, along with new provisions for direct primary care service arrangements under the One, Big, Beautiful Bill Act. How will these changes impact employee benefit planning and healthcare coverage strategies?

On Tuesday, October 20, 2026, the Allegheny County Council passed legislation requiring employers with at least 15 workers to provide 12 weeks of paid parental leave, ending months-long debate on the proposal. We previously reported on the initial 18-week proposal in May 2026 (summarized here), the revised proposed legislation (summarized here), and the Allegheny County Board of Health passing the legislation (summarized here). The measure was passed in an 11-4 vote. It will become effective in one year, as County Executive Sara Innamorato signed the bill on, October 22, 2026.

The Trump Administration has launched an unprecedented enforcement action suspending permanent labor certification processing for eight major employers, linking immigration sponsorship to layoff histories and recruitment practices. This development signals a fundamental shift in how the government evaluates employer access to H-1B and green card programs, with investigations already underway and subpoenas served.

Maryland employers must comply with new posting requirements under the Worker Freedom Act, which prohibits penalizing employees who decline attendance at employer-sponsored meetings on religious or political matters. The Maryland Department of Labor has released official notices in English and Spanish that must be displayed prominently in workplaces and provided to new hires starting November 1, 2026.

Donald Dowling says abusive labor practices are a huge problem around the world, and often the smaller local manufacturers, miners and growers within countries that are committing labor...

The U.S. Department of Homeland Security published a final rule that will shift the H-1B cap registration selection process from a random lottery to a weighted selection process...

Illinois employers face new requirements for Equal Pay Registration Certificate submissions as the state Department of Labor eliminates the "prefers not to identify" option for employee demographic data. Starting January 1, 2027, businesses must report definitive sex and race information for all employees, raising questions about data collection methods and compliance strategies.

On October 19, 2026, the U.S. Department of Labor (DOL) issued Field Assistance Bulletin No. 2026-1, formally withdrawing three opinion letters that served as the foundation for the so-called “80/20 Rule” governing tipped employees under the Fair Labor Standards Act (FLSA). The DOL also confirmed that its current enforcement guidance does not impose a percentage-based limit on the time a tipped employee may spend performing related, non-tip-producing duties. Instead, the inquiry focuses on whether the employee’s duties are related to the employee’s tipped occupation.

The Department of Labor has reversed course on its controversial proposal to remove over 450 long-standing Fair Labor Standards Act interpretations from federal regulations. What does this mean for employers who have relied on these familiar guidelines for decades to ensure wage and hour compliance? The withdrawal brings stability to industries like retail, construction, and motor carriers...

Top global brands, famous content creators, and media moguls know the best protection they can secure for their products is Pryor Cashman representation.

Pryor Cashman Managing Partner Ronald Shechtman discusses the logistical challenges and shifts in priorities that have been necessary to weather the pandemic.

On September 18, 2025, the U.S. Citizenship and Immigration Services (USCIS) provided notice that it would make changes to the Naturalization Civics Test administered to applicants for U.S. citizenship.

Issuers and their counsel often ask how NYSE American approaches "minimum price" considerations where the NYSE American LLC Company Guide (the "Company Guide")...

Pryor Cashman is pleased to announce that Paul E. Van Horn and Erica Howard-Potter have joined the firm as partners in the Trusts + Estates Practice and Private Client Group.

The Saudi Arabian Monetary Authority (SAMA) has taken the position that Bitcoin is now illegal in Saudi Arabia. SAMA published a warning drafted by its Standing Committee

Recently, Managing Partner Ronald Shechtman spoke with The American Lawyer about the growing competition among Am Law firms to acquire middle-market clients.

The Commodity Futures Trading Commission (CFTC) announced today that the Chicago Mercantile Exchange Inc. ...

Pryor Cashman is representing Soleus Capital, as a major stockholder of portfolio company Parse Biosciences, Inc., in connection with the recently announced sale of Parse...

On March 19, 2025, the SSA paused significant portions of its Enumeration Beyond Entry (EBE) program.