Thought Leadership

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Navigating Minnesota’s New Pay Transparency Law: What Employers Need to Know

On January 1, 2025, a significant shift in Minnesota’s employment landscape will take place with the implementation of a new pay transparency law. Under this statute, employers will be required to disclose salary ranges or fixed pay rates in all job postings. This new mandate, part of the broader Omnibus Labor and Industry Policy Bill signed into law in May 2024 by Governor Walz, will be codified at Minn. Stat. § 181.173.

Articles & Insights | Featured Article
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President Biden Encourages Limits on Non-Compete Agreements in Executive Order

President Biden Encourages Limits on Non-Compete Agreements in Executive Order

Benjamin (Ben) Hamborg | Eric Friske

On July 9, 2021, President Biden issued an executive order that has the potential to significantly impact the ability of Minnesota businesses to utilize and enforce non-compete agreements. According to a White House Fact Sheet issued in conjunction with the order, the purpose of President Biden’s Executive Order on Promoting Competition in the American Economy…

Non-Compete Agreements
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Reverse Section 1031 Exchanges

Reverse Section 1031 Exchanges

Scott Emery | Jeff Shea

The Tax Cuts and Jobs Act (TCJA), P.L. 115-97, changed the law regarding what items of property are eligible for like-kind exchanges. Subject to certain specific exceptions, exchanges of personal or intangible property such as machinery, equipment, patents, and other intangible property no longer qualify for the nonrecognition of gain or loss afforded to like-kind exchanges….

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Coping with Alzheimer's and Dementia From a Legal and Planning Perspective

Coping with Alzheimer's and Dementia From a Legal and Planning Perspective

Lloyd Stern | Eric Friske

Increased standards of living and medical advances in our country over recent decades have resulted in greatly increased life expectancies. Unfortunately, with these additional years comes the increased risk that a substantial number of us will suffer from some form of dementia-related illness or memory loss. It is now estimated that 5.8 million Americans are…

Wills & Trust Agreements
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