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2013 Outlook Is Stable for U.S. Finance and Leasing Companies
Fitch Ratings forecasts stability in its recently released report 2013 Outlook: U.S. Finance and Leasing Companies. Fitch believes that reduced leverage, relatively stronger capital, liquidity and funding profiles, tightened underwriting standards, and more rationalized cost structures should help this sector and help maintain ratings stability this year.
Potential changes to this outlook include the possible recessionary impact from failure to resolve the U.S. fiscal cliff or the disorderly outcome to the euro zone debt crisis, which could impact global growth and demand, or disrupt access to wholesale funding markets. Conversely, maintenance of strong capital, liquidity and leverage positions, along with stable earnings and asset quality performance, could lead to positive rating actions in individual instances within this sector.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
CLE Shouldn't Be the Only Mandatory Training for Attorneys
Each stage of an attorney's career offers opportunities for a curriculum that addresses both the individual's and the firm's need to drive success.