We’ve prepared a list of your potential Legal New Year’s Resolutions for 2022. These resolutions help to solve common legal and business challenges we see. They also touch upon some legal compliance issues we’re expecting to ramp up in the new year.
5 Legal New Year’s Resolutions for 2022:
1. Get your corporate house in order.
There’s no better time than today to ensure your corporate documents are signed and ready for whenever you need them.
2. Review the contracts for key relationships.
Your contracts should build efficiency and trust into your important relationships, not hold them back. If yours are making these relationships more cumbersome, it may be time to renegotiate them.
3. Start prioritizing privacy!
Confirm whether your data are covered by the CCPA (or GDPR, or other privacy legislation). Privacy compliance is changing rapidly, as are consumer expectations. If you have already implemented a privacy program, it’s time – especially since the FTC has outlined an intent to crack down on targeted advertising and data collection as it relates to children (under the COPPA).
4. Explore how diversity can benefit your business.
Employee and board-level diversity are associated with strong financial outcomes (as is investor diversity), while diversity in your supply chains can result in greater resilience. Consider exploring the various ways diversity may benefit your business in 2022.
5. Beat burnout!
While not strictly legal, you’ll need to update your policies and employee handbook to reflect the changes you implement to beat burnout at your company. Common steps taken to help reduce burnout include:
- Implement flexible work arrangements (read more here).
- Provide paid leave and benefits for your workers.
- Allow your workers to work from home.
- Introduce no-meeting days or reduced meeting schedules (if possible).
- Encourage workers to take breaks throughout the day.
You can listen to our podcast episode on burnout with special guest Michael Levitt here.
If you need assistance with any of the above, reach out! We’re here to help.
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