Top Three Trends From 2014 to Influence Government Contractors in 2015

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This post is co-authored by Tamara Jack of LMI.  

Federal government contractors, especially those in the manufacturing sector, continue to experience the economic impact of budget cuts, decreased federal spending, and increased regulatory requirements. Nonetheless, the federal government continues to be one of the largest consumers in the country, spending more than $500 billion annually on procuring goods and services. Below we have summarized the key trends in government contracting in the areas of cybersecurity and privacy, mergers and acquisitions, and bid protests from 2014 and how they are likely to impact government contractors in 2015. Continue reading this entry

Stopping Products Liability Claims Is Cheaper Than Defending Them

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While manufacturers inevitably face products-liability claims, certain business practices could enable your company to limit or even prevent exposure. Being sued on the basis of products liability costs companies in a variety of ways. Manufacturers may be able to avoid or limit these costs by implementing the below practices. Continue reading this entry

Trends in Chinese Regulation for Manufacturers to Watch in 2015

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In China, there are an overwhelming number of measures to govern almost all aspects of the process of manufacturing a product, bringing that product to market, and maintaining that product’s integrity and competitiveness in the marketplace. However, the application of these laws varies significantly across agencies, subject matters and internal jurisdictions. Continue reading this entry

2015 Regulatory Challenges Burdening Manufacturers

Public-Private Manufacturing Innovation Institutes Announced

As we roll into the new year, this edition of the Manufacturing Industry Advisor takes a look at some of the key regulatory issues that manufacturers will be facing in 2015. Based on recent discussions with key legislative and industry association figures in D.C., below we provide a summary on how the following regulatory areas may significantly impact manufacturers this year: tax reform, trade policy, skilled workforce policies, and increased administrative activism. Continue reading this entry

Class Action Lawsuits – Risks and Mitigation Strategies for Component Manufacturers

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Manufacturers of components incorporated into consumer products increasingly find themselves involved in product liability class action lawsuits. Manufacturers can be drawn into these types of lawsuits when their own customer (the end manufacturer of the final product) gets sued and comes knocking on the manufacturer’s door. Manufacturers also may be named as defendants directly by the plaintiffs. Being named in a consumer class action lawsuit sometimes can come as a shock to a manufacturer that has no direct relationship with the end consumers. However, in some jurisdictions, a manufacturer can be held liable in certain circumstances. Continue reading this entry