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WeWork’s Bankruptcy Battle Takes New Turn with Legal Action Against SoftBank

Allwork

The committee accuses SoftBank and a coalition of creditors, who hold 62% of WeWork’s unsecured notes, of orchestrating a debt restructuring in May 2023. As the company continues to navigate through its financial woes, the outcome of this legal challenge could significantly influence its ability to recover.

Legal 202
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Legal Field Still Holding Out on AI Tools

Allwork

What’s going on: Litify, a comprehensive operating solution for the legal industry, has released the 2023 State of AI Report. This report presents findings from a survey carried out among legal professionals on the use and impact of artificial intelligence (AI) in the legal sector.

Legal 215
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SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears

Allwork

The committee accuses SoftBank and a coalition of creditors, who hold 62% of WeWork’s unsecured notes, of orchestrating a debt restructuring in May 2023.

Legal 196
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Why ‘Hush Trips’ Could Be The Biggest Travel Trend For Remote Workers in 2023

Allwork

What’s more, research has shown that vacations can have a major impact on morale, motivation, and productivity. How it’ll impact the future: Hush trips could potentially cause cybersecurity problems and legal troubles for companies that are not registered in the necessary countries or states. The ideal scenario?

2023 198
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U.S. Law Firms Lead The Country In Office Space Growth

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A recent report published by the brokerage firm Savills, featured in Reuters , revealed a growing preference for in-person work in the post-pandemic era for the legal field. In 2023, 42.6% This expansion in the legal field reflects a push by law firm leaders for greater office attendance well into 2024, and beyond.

Legal 238
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How Employers Can Better Serve Neurodiverse Employees in 2023

Success

Open discussion of accommodations Not all employees are open to revealing their conditions, nor do they legally have to. Photo by Ground Picture/Shutterstock The post How Employers Can Better Serve Neurodiverse Employees in 2023 appeared first on SUCCESS.

2023 290
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The 2023 Motherhood Penalty: The Sorry State Of Affairs For Working Women Continues

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In 2023, working women still confront barriers to progression in the workplace, and many will experience lower pay compared to their male counterparts. This compulsory requirement has put slightly more pressure on employers, yet the absence of any legal requirement to reduce the pay gap means that many companies remain inactive on this issue.

2023 257