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Recent Editions
North America
Human Times
More working U.S. parents are celebrating their first Mother's Day with access to paid time off for newborns. However, the majority of workers still do not have paid family leave. Efforts are being made to expand paid parental and family leave, with bipartisan groups in the U.S. Senate and House working on legislation. Currently, only 27% of civilian workers in the U.S. have paid family leave. Those who can least afford to take unpaid time off are the least likely to have access to paid leave. The lack of paid leave forces families to send newborns to daycare at a very young age and disrupts breastfeeding. The U.S. is one of the few countries without a national paid maternity leave policy. Various states have adopted paid family and medical leave laws, but a federal law is yet to be created. Pennsylvania is considering legislation that would provide up to 20 weeks of paid family leave. Disagreements over funding family leave programs have been a hurdle in passing legislation. However, a bipartisan group in the House is optimistic about introducing legislation this year. Colorado recently implemented paid family and medical leave benefits, but for many families, it came too late.
Full IssueUK
Human Times
A new study suggests that workers are increasingly likely to stay in their current roles as they prioritise job stability amid an uncertain economic outlook. The CIPD's labour force survey reveals lower staff attrition and fewer job moves this year. The quarterly survey, which quizzed more than 2,000 businesses, shows that just 30% expected to increase their staff numbers over the summer, the smallest proportion since early 2021. The report also shows that public sector employers are twice as likely as private companies to cut jobs over the next three months. It was found that 55% want to maintain their headcount at existing levels, the highest proportion since the winter of 2016. Recruiters believe that the lucrative pay offers seen during the pandemic's highly-competitive jobs market have decreased, with 5% pay rises now considered more realistic. Noting that the hiring market is returning to pre-pandemic levels, James Cockett, labour market economist at the CIPD, said: "The so-called Great Resignation is well and truly over and has been replaced by the Big Stay, with more people opting for job stability."
Full IssueUSA
Education Slice
As U.S. schools increasingly integrate artificial intelligence (AI) to enhance security, the Kansas government has proposed $5m in grants specifically designed to fund AI surveillance systems capable of detecting guns. This initiative uniquely favors ZeroEyes, the only company meeting the stringent criteria set by lawmakers, which includes patents and a designation as anti-terrorism technology. The move highlights the growing multimillion-dollar school security industry and ZeroEyes' significant influence in crafting state laws that embed its specific solutions. The legislation has stirred concerns regarding the prioritization of high-tech responses over more fundamental safety measures and has ignited debates about market competition. Critics argue that such specific requirements may stifle competition and innovation by effectively excluding other vendors from participating in state-funded programs. This legislation not only reflects the intensifying focus on school safety in the wake of frequent shootings but also raises questions about the balance between fostering innovation and ensuring competitive fairness in public procurement.
Full IssueUSA
Accountancy Slice
Former President Donald Trump could owe more than $100m in taxes as a result of a yearslong IRS inquiry into claims of huge losses on his 92-story Chicago skyscraper. The New York Times and ProPublica say Mr. Trump claimed massive financial losses twice — first on his 2008 tax return, when he said the building, then mired in debt, was “worthless,” and again after 2010, when he had shifted its ownership into a new partnership also controlled by Mr. Trump. Responding to the allegations, Eric Trump, the Trump Organization's executive vice president, said: “This matter was settled years ago, only to be brought back to life once my father ran for office. We are confident in our position, which is supported by opinion letters from various tax experts, including the former general counsel of the IRS." In other Donald Trump news, he said at a rally on Saturday that he will usher in across-the-board tax cuts if he returns to office. “Instead of a Biden tax hike, I’ll give you a Trump middle class, upper class, lower class, business class big tax cut," he said.
Full IssueScotland
Legal Matters Scotland
First Minister John Swinney has told Sky News that the Scottish Government "quite simply can't proceed" with legislation to reform the process through which trans people obtain a Gender Recognition Certificate (GRC) due to the UK Government's decision to invoke Section 35 of the Scotland Act to block legislation passed in 2023. "We can’t take forward that legislation", he said, "I accept the rule of law and that’s the position we find ourselves in, that we cannot proceed with that legislation. But I think what’s the most important thing that I can say is that to LGBT people in our society, the Scottish Government is on their side, we have been on their side and we will be on their side in the years to come." Mr Swinney has also met with SNP LGBTQ+ group Out for Independence, welcoming a "constructive conversation" which the group said included recommitting to moving forward with a trans-inclusive ban on conversion practices.
Full IssueNorth America
Legal Slice
Leading law firms are pressuring students to apply for summer associate positions before completing their first year of law school, which can be challenging for diverse students. The accelerated recruiting process gives students less time to adjust to the demands of law school and forces firms to evaluate candidates based on just one semester of performance. This can be particularly difficult for first-generation law students who may be less prepared for the early stages of law school. The lack of formalization in the recruiting process disproportionately affects first-gen students. The share of first-generation students is higher among Hispanic, Black, and Asian students compared to their White counterparts. The intense competition among law firms to secure top talent early on could hinder efforts to diversify junior talent if the candidate pool is not expanded. Summer associate roles are crucial for aspiring lawyers, and firms are now filling these positions through direct online applications, giving early applicants an advantage. The accelerated recruitment timeline creates a disadvantage for students who are not familiar with the process. Despite some progress in diversifying summer associate classes, the representation of women and people of color at the partnership level remains low. Law firms can improve diversity by broadening their recruiting approach and considering candidates from a wider range of schools. The accelerated recruitment process presents challenges for diverse students, but there are opportunities for firms to cast a wider net and attract a more diverse pool of candidates.
Full IssueEurope
Risk Channel
The Confederation of British Industry (CBI) is urging the Government to cut corporation tax on profits from green investments. The lobby group has proposed reducing taxes on green technology to 10% from the current rate of 25% to incentivise companies to lead the way in reducing carbon emissions. Rain Newton-Smith, the CBI's chief executive, has warned that the UK is falling behind in race to deliver green-focused growth, with the US and EU having already implemented tax incentives and subsidies for companies using green technologies. While the UK already has schemes like the green super-deduction allowance to support emission reduction investments, the CBI is calling for an enhanced super-deduction and greater tax credits for environmentally-focused companies. The CBI says its proposals aim to boost the UK's competitiveness and create skilled jobs in the green sector. Jonathan Dunn, head of climate at the mining firm Anglo American, comments: "Effective tax policy can be an integral part of a government's approach to addressing climate change."
Full Issue