Employment Law

A dispute that brokerage firms frequently arbitrate, before FINRA, against brokers concerns “transitional compensation” payments to brokers whom the firms have fired within a predetermined period of time. Such disputes are promissory notes, up-front bonuses, recruiting bonuses, forgivable loans, or forgivable employee loan (“EFL”) cases. It is difficult, but by no means impossible, for a broker whose brokerage firm has harmed…Read More

On November 16, 2018, Manhattan, NY Local Laws 185 and 186 of 2018 (“Local Laws 185 and 186” or the “new Laws”) became law. Effective March 18, 2019, the new Laws require employers in Manhattan, NYC with four or more employees (i) to provide, to their employees, a private room in which employees may express breast milk (a “lactation room”) and (ii) to develop,…Read More

Your company in Manhattan, NY, in paying wages to its employees, must comply with both New York State and federal wage-and-hour laws. Your business’s wage-and-hour practices are financially important. Your company’s compliance with state and federal wage-and-hour laws in compensating employees is particularly monetarily significant with regard to employee classification, including: Exempt versus non-exempt status for purposes of eligibility for overtime pay;…Read More

Highly paid salespersons on Wall Street typically are paid a substantial percentage of their yearly compensation in commissions. A commission is compensation based on a percentage of the dollar amount of the salesperson’s orders or sales. If you would like more information, contact our Manhattan, NYC Unpaid Commissions Lawyer for help. Under state and federal law, the failure of your…Read More

Periodically, your business in Manhattan, NY will want or need to terminate a worker’s or workers’ employment. Beginning well before such terminations, and throughout the working relationship, your company in Manhattan must manage workers’ performance and misconduct in a manner that is likely to lessen the risk of lawsuits for wrongful termination. So, too, your business in Manhattan must address employees’ performance and…Read More

On January 18, 2018, the New York City Local Law 59 of 2018 (“Local Law 59” or the “new Law”) became law. Effective October 15, 2018, Local Law 59 of 2018 amends the New York City Human Rights Law, N.Y.C. Admin. Code §§ 8-101 – 8-131 (the “City Human Rights Law” or the “NYCHRL”), by creating an independent cause of action, for monetary…Read More

In 2016, New York State enacted a bill, N.Y. State Senate Bill No. 3004-A, N.Y. State Assembly Bill No. A. 3870A (the “paid family leave law”) which, effective January 1, 2018, requires all private employers in New York State and many public employers in New York State to allow employees to take, and to return to their jobs after taking, as much as twelve…Read More

On May 30, 2017, the New York City Mayor Bill de Blasio signed, into law, “Fair Workweek” legislation (collectively, the “new Laws,” the “the New York Fair Workweek Laws,” the “Fair Workweek Laws,” or the “NYCFWWLs”) which, effective November 26, 2017, substantially limits retail employers’ and fast food establishments’ discretion in scheduling work shifts for their employees. More specifically, these…Read More

On May 4, 2017, the New York City Mayor Bill de Blasio signed, into law, Local Law 67 of 2017 (“Local Law 67” or the “new Law”), which, effective October 31, 2017, prohibits employers from inquiring about a prospective employee’s salary history during all stages of the interview process. If an employer already knows of a job applicant’s salary history, Local…Read More