Law Firms Brace For Final DOL Persuader Rules

By Abigail Rubenstein (October 31, 2013, 8:38 PM EDT) -- With the U.S. Department of Labor poised to finalize regulations in November that impose new financial reporting obligations on attorneys doing traditional labor work for employers, law firms must take steps to prepare themselves and their clients for the coming changes.

The Labor Management Reporting and Disclosure Act requires employers and legal consultants to report any arrangement to persuade employees directly or indirectly regarding the right to organize or bargain collectively, but it carves out an exception for advice, saying that no employer or consultant has to file a report covering the services of a consultant if that consultant just gives...

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