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California Enacts New Licensing and Conduct Regime for Commercial Financing Providers and Brokers

California Enacts New Licensing and Conduct Regime for Commercial Financing Providers and Brokers

by Hutchinsons Law | Oct 19, 2026 | Law

On September 30, Governor Newsom signed Assembly Bill 2116, a significant expansion of the California Financing Law (CFL) that brings additional categories of small-business commercial financing under state licensing requirements and increases consumer protections for...
California Enacts New Licensing and Conduct Regime for Commercial Financing Providers and Brokers

California Enacts New Licensing and Conduct Regime for Commercial Financing Providers and Brokers

by Hutchinsons Law | Oct 19, 2026 | Law

On September 30, Governor Newsom signed Assembly Bill 2116, a significant expansion of the California Financing Law (CFL) that brings additional categories of small-business commercial financing under state licensing requirements and increases consumer protections for...
Freshfields Leader Accidentally Sends Secret AI Spinoff Plan To The Whole Firm, With A Bonus Insult To Some Very Important Clients

Freshfields Leader Accidentally Sends Secret AI Spinoff Plan To The Whole Firm, With A Bonus Insult To Some Very Important Clients

by Hutchinsons Law | Oct 19, 2026 | Law

Every so often, the legal profession produces an email screw-up that sends lawyers everywhere back to triple-check the “To” line. And it stings a little bit extra when the person making the snafu is the guy running the firm. Last week, the Financial Times reported...
Judge Says A $3,000 Hourly Rate Is ‘Patently Unreasonable’

Judge Says A $3,000 Hourly Rate Is ‘Patently Unreasonable’

by Hutchinsons Law | Oct 19, 2026 | Law

Ed. note: Welcome to our daily feature, Quote of the Day. It is not unusual for named partners to charge more than other partners. And the court is cognizant that rates increase year to year. But not to $3,000 an hour. — U.S. District Judge Beth Labson Freeman,...
The Defense Bar In The Age Of AI: Running A Red Queen’s Race?

The Defense Bar In The Age Of AI: Running A Red Queen’s Race?

by Hutchinsons Law | Oct 19, 2026 | Law

“Well, in our country,” said Alice, still panting a little, “you’d generally get to somewhere else — if you ran very fast for a long time, as we’ve been doing.” “A slow sort of country!” said the Queen. “Now, here, you see, it takes all the...
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