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Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – October 21, 2025
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week.
California’s new AI rules under FEHA took effect October 1, 2025
Beginning October 1, 2025, California employers must comply with new Fair Employment and Housing Act (FEHA) regulations on the use of artificial intelligence (AI) and automated decision systems in hiring and employment. The rules primarily pertain to three compliance areas: bias testing, recordkeeping, and vendor liability. Employers should start preparing now to avoid exposure once
Katherine Perrelli and Dallin Wilson Author 2026 Update to Lexology Panoramic’s Trade Secrets – USA Chapter
Seyfarth partners Katherine Perrelli and Dallin Wilson co-authored the United States chapter of Lexology Panoramic’s Trade Secrets 2026 Report. The chapter offers a comprehensive overview of trade secret protection in the U.S., highlighting recent legal developments, enforcement trends, and best practices for safeguarding proprietary information.
Among the emerging issues addressed in this year’s report
November 3, 2025: A Key Date in the FAR Overhaul Process
Under Executive Order 14275, Restoring Common Sense to Federal Procurement, and accompanying OMB Memorandum M-25-26, the FAR Council is undertaking a comprehensive redesign of the Federal Acquisition Regulations (FAR). The stated goal of this “Revolutionary FAR Overhaul (RFO)” is to streamline the FAR, eliminate non-statutory or duplicative provisions, adopt clearer or “plain language”
Personal Strategy Compass Newsletter #11: The Strategic Probe
For ambitious professionals, saying “no” is a celebrated strategic act. We use the “Strategic No” to reclaim our time, prune our commitments, and simplify our lives. It’s a powerful feeling of control and liberation.
But what about the day after?
What happens when the relief of a clear calendar fades and you’re left with a
Human Leadership in an AI World: Reflections from Relativity Fest 2025
This October, I attended Relativity Fest 2025 in Chicago. As one of the industry’s flagship events, I expected meaningful discussions about innovation, AI, and the challenges shaping our field, and those expectations were absolutely met.
AI, Billable Hours, and the Great Legal Experiment
The promise of generative artificial intelligence (AI) in legal practice is seductive: speed up document review, contract drafting, legal research, and thereby shave down hours billed. Yet the reality for many law firms is different. A recent survey by the Association of Corporate Counsel (ACC) and Everlaw found that nearly 60% of in-house counsel reported
Ostberg Sinclair & Co adopts Intapp Collaboration to activate collective firm intelligence
U.K. tax advisory firm uses Intapp Collaboration to enhance knowledge management using Microsoft 365 applications and enable strategic growth
PALO ALTO, Calif. — October 21, 2025 — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced that tax advisory firm Ostberg Sinclair & Co
BakerHostetler Shortlisted for <em>Financial Times</em> Innovative Lawyers North America Awards for Fourth Consecutive Year, Fifth Overall
BakerHostetler has been shortlisted for the Financial Times Innovative Lawyers North America Awards in the category of Innovation in AI Strategy for the firm’s work in “Business of Law: Use of Generative AI.” The recognition – for our fourth consecutive year and fifth overall – affirms our commitment to innovation and the strategic adoption of