Law Firms Brace For Final DOL Persuader Rules

Tampa Partner Steve Bernstein was quoted in Law360’s article “Law Firms Brace For Final DOL Persuader Rules.”

The article discussed new regulations that impose financial reporting obligations on attorneys doing traditional labor work for employers.

Steve noted the importance of law firms preparing themselves for the new regulations.

“Hiding your head in the sand and hoping this goes away is obviously not a strategy,” Steve said. “If implemented as proposed, this rule will have an impact on an almost unknowable number of law firms, many of which may only employ a single attorney who dabbles in labor relations counsel.”