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No doubt that more than 130 years since the first regulatory body was created by the Congress and it greatly impacted the development of various industries. Reliving the milestones of the United State's regulation and deregulation would bring enlightenment to the possibilities in the regulatory policies in the future.
1. Business operations would reopen. Since 2021, many businesses delayed reopening in-person operations due to the delta variant and low vaccine rates. But with the availability of vaccinations and the promotion of remote or hybrid work, it is quite inevitable that accommodating the reopening of businesses in person would happen.
2. Enforcing non-solicitation clauses. With the last year's shift in non-compete litigation action, it is being advised that new employees should be fully advised of the potential consequences of violating or using any of their previous employers' confidential information. Hence, it protects existing talent within the industry and takes non-solicitation efforts seriously.
3. More litigation over the choice of law. Battles over which states' laws would apply may be sought as it allows employers to review and revise their laws in line with compliance.
There are more upcoming trends related to compliance and this is just a predictable and theoretical prediction of how it may influence the future of compliance. Nevertheless, the notable three trends can bring positive changes to adapt to the ever-changing laws, regulations, policies, and procedures for companies.