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Digital Nomad Movement Linked to Growing Identity Fraud Concerns

Allwork

This trend is particularly pronounced in industries like financial services and insurance, where the verification of foreign documents has become more frequent and challenging. According to the survey, since the summer of 2021 there has been an average 21% increase in foreign document verification worldwide — with higher rates in the U.S.

2021 276
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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears

Allwork

Big markets for coworking spaces are becoming increasingly competitive for workspace providers — with WeWork’s recent financial challenges creating opportunities for rivals to expand their presence. According to a report published by CoStar , WeWork recently filed court documents revealing a substantial loss of $153.7

Legal 254
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WeWork Slashes London Office Space as Bankruptcy Exit Approaches

Allwork

According to a report published by BisNow , the company has shed 750,000 square feet of office space in the U.K. million square feet. Stemming from updated CoStar data in addition to WeWork’s official website, BisNow reports that a third of WeWork’s London’s spaces have closed, with the company’s total presence down to an estimated 2.5

2023 197
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Zoom Cuts Jobs While Prioritizing AI and Collaborative Tech

Allwork

The company recently unveiled a new app developed specifically for the Apple Vision Pro , to make “hybrid collaboration more immersive,” according to the official announcement.

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Legal Field Still Holding Out on AI Tools

Allwork

What’s going on: Litify, a comprehensive operating solution for the legal industry, has released the 2023 State of AI Report. This report presents findings from a survey carried out among legal professionals on the use and impact of artificial intelligence (AI) in the legal sector.

Legal 246
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EU To Face £370M Bill If WeWork Exits London Office

Allwork

GB News reported that a document now circulated to the European Parliament’s budget committee said the U.K. While the bankruptcy filing does not directly impact WeWork’s U.K. subsidiary, which sublets the building, the U.K. organization is also struggling with big financial losses.

2023 274