DOL Delays Release Of Final Persuader Activity Rule

Law360, New York (November 27, 2013, 4:57 PM EST) -- The U.S. Department of Labor on Wednesday pushed back its target date for issuing a final rule narrowing the advice exemption to the Labor-Management Reporting and Disclosure Act — which could saddle law firms with significant new reporting requirements — to March 2014.

The final regulations were originally slated to be released in November, but an update to a regulatory website on Wednesday revealed that the DOL is now shooting to unveil the final version in March.

The DOL first proposed the controversial regulatory change in June...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.