New Edition! Anti-Money Laundering Deskbook (Second Edition)

PLI Press is proud to announce the publication of the second edition of Anti-Money Laundering Deskbook.

This book is a comprehensive and accessible guide to the money laundering and anti-money laundering (“AML”) legal regimes and compliance requirements for U.S. financial institutions. Designed as a practical resource to serve a wide audience of professionals, the deskbook integrates real-world enforcement cases to illuminate complex concepts in a practical way and demonstrates how those cases have shaped AML policies and practices. It also provides insight into the intersection between the two legal regimes, offering a full view of the legal and regulatory landscape.

Some of the recent developments reflected in this new edition include:

  • Criminal money laundering laws: Explanation of the extraterritorial application of the criminal money laundering laws (see Section 2:3.4).
  • AML laws and regulations: Discussion of the AML Act and the expansion of U.S. AML laws and regulations (see Section 4:1.3).
  • AML compliance and enforcement: Coverage of new developments with respect to AML compliance in the digital assets industry and the role of state regulators in AML compliance and enforcement (see Section 4:2.5 and Chapter 8).
  • Money laundering risks: Identification and analysis of the money laundering risks of new financial technologies (see Chapter 12).

Order a print copy today.

PLI PLUS subscribers can access this title through their subscription.

Meet Our AALL 2023 Booth Raffle Winner: Jill Brooks

At the 2023 AALL Annual Conference in Boston this summer, PLI raffled off a pair of Bose Noise Cancelling Headphones. We are pleased to announce this year’s winner is Jill Brooks, Research Librarian at Robinson Bradshaw. Read on to learn about Jill’s path to librarianship, passion for community, and podcast recommendations.

Tell us a little about yourself. Why did you become a librarian?

I have been a librarian for twenty years and still love what I do. I’ve been a cataloguer, research librarian, competitive intelligence analyst, and library director. The librarian field is vast and diverse and there is always something new to learn and discover. Like most librarians I love to read. I also enjoy hiking, triathlons, and traveling.

Librarianship was a late career choice for me. I was a teacher working as a literacy specialist in the school system. This involved mentoring teachers and developing lesson plans. I realized that I was enjoying the researching of the lesson plans more and more. Burnout in the teaching profession is very high and I was reaching my limit.  Getting a MLIS seemed like the next best step on my career path. I did not plan to be a legal librarian but to become a media specialist in the school system. Unfortunately the school system wanted to place me back in the classroom instead of the library. There was an ad in the newspaper for a librarian and I got the position. While I miss the students and collaborating with the teachers, I don’t miss the paperwork and politics of the school system. Being a librarian has been rewarding and I am lucky that I found such a wonderful law firm in Robinson Bradshaw.

What do you like most about your job as the Research Librarian for Robinson Bradshaw & Hinson?

Robinson, Bradshaw & Hinson, P.A. is a North Carolina law firm. As such they focus on the community where we live. For the most part our clients are corporations, non-profits, and residents of North Carolina. That being said, what I like most about working at Robinson Bradshaw is serving our community. Besides corporate work, our firm does a lot of pro bono work for secured housing focusing on displaced mothers and children. I also love the challenge of digging into a difficult request and brainstorming ideas with my team to find answers in unusual places. Robinson Bradshaw offers a challenging and rewarding place to work.

Which PLI product do you most frequently recommend to your colleagues?

PLI’s CLE Programs are the most frequently recommended resource. The ability for attorneys to obtain CLE credit so easily is a boon. The fact you can use the platform for research needs and resources is an added bonus. 

What did you think of this year’s AALL conference? What was the highlight for you?

This year’s conference was one of the best I have attended. Every session was spot on in delivering relevant content. I always preview the agenda and choose more than one session to attend at a conference in case the first choice session is not quite what is described. This was the first conference where I did not leave a session and have to use a second choice. 

The highlight of the conference was the opening keynote speaker Charles Vogl. He set the tone for AALL Boston: To build a community starts with you. You have to be willing to reach out and connect with your colleagues. This was a perfect lead in to the conference. I have taken his ideas and put them into practice—one of which is getting our local AALL group together for an in-person Boston recap.   

PLI recently launched PLI Ever Current: The Practising Law Librarian, a new podcast for – and about – the law librarian community. Are there any other podcasts that should be on our radar?

My podcast recommendation is 3 Geeks and A Law Blog. They have wonderful guests that provide insightful information. Their podcast on competitive intelligence was very informative.

Free Legal Form of the Month

PLI PLUS offers unlimited electronic access to more than 4,500 downloadable, searchable, and editable legal forms ready for use in your practice. In an effort to highlight this unique content type, we’ve selected one form per month and made it available for anyone to download for free – no subscription required.

October’s free form:

Evidentiary Foundation Questions Samples

More information about Legal Forms & Checklists:

  • Forms & Checklists Flyer – This flyer provides an overview of the forms & checklists on PLI PLUS and highlights a handful of popular examples.
  •  Popular PLUS Forms – This flyer provides a list of the top five most downloaded forms in prominent practice areas on PLI PLUS.

Send us an email at plus@pli.edu to learn more.

Treatise Update – Taxation of Intellectual Property: Law and Practice

Taxation of Intellectual Property covers the tax consequences of creating, buying, exploiting, and selling various intellectual property assets (including patents, trade secrets, copyrights, trademarks, and computer software), as well as the tax considerations affecting intellectual property litigation. It identifies the IP taxation fundamentals relevant to individuals, corporations, partnerships, and non-profits and includes in-depth coverage of the various deductions applicable to patent royalties, salaries of researchers, and infringement-related legal fees.

Some of the recent developments discussed in this new release include:

  • Alternative Minimum Tax (AMT) for Corporations: Coverage of the repeal of the AMT for corporations by the Tax Cuts and Jobs Act of 2017 (TCJA) and the subsequent updates to this by the Inflation Reduction Act of 2022 (see section 3:2.3).
  • Research or Experimental Expenditure Deductions: Discussion of the new 5-year capitalization and amortization rule imposed on research or experimental expenditures by the TCJA (see section 4:3).
  • Research Credit for Small Business and Start-Ups: Provides the increased amount of the credit that small businesses and start-ups can apply against their payroll tax liability pursuant to the Inflation Reduction Act of 2022 (see section 4:6).
  • Tax Treatment of NFTs: Answers the question of whether an NFT used in trade or business would qualify as a Section 1231 asset eligible for capital gains treatment (see section 6:3.5[A][1]).
  • Litigation Expenses: Extensive coverage of the Actavis Lab v. United States case which dealt with the issue of whether a generic drug manufacturer’s patent infringement litigation expenses were tax deductible  (see section 7:1.1[C]).
  • Charitable Contributions of Cryptocurrency: Explanation of the circumstances in which a qualified appraisal is required for charitable contributions of cryptocurrency (see section 9:4.4[A]).

Order a print copy today.

PLI PLUS subscribers can access this title through their subscription.

What’s New on PLI PLUS

We add content to PLI PLUS every month to ensure our subscribers have access to the most up-to-date and relevant secondary source legal documents. Renowned legal experts regularly update our acclaimed Treatises/Practice Guides, Course Handbooks, Answer Books, Transcripts, and Forms to reflect recent changes and developments in the law.

Click here to see what we added in September 2023!    

Recommended Reading: Special Edition of Coach’s Counsel for First-Year Law Students

Students entering law school must adjust and adhere to a new, demanding set of educational standards and strategies. This can often be a huge transition for first-year students, which is why we are excited about the Coach’s Counsel column, How to Prepare for Your Law School Journey, published in a recent issue of PLI Chronicle: Insights and Perspectives for the Legal Community.

In the column, coaches Natalie Loeb and David Sarnoff offer valuable wisdom on developing practical strategies to maximize academic performance and maintain balance. The coaches suggest methods for time management and strategic planning and reflect on resources that are often underutilized during law school. They also identify the specific type of mindset crucial for success. The column, like all content published in the PLI Chronicle, is available to everyone — no subscription required.

New Episode! The Practising Law Librarian Podcast

The Practising Law Librarian, part of the PLI Ever Current podcast, brings you conversations with — and for — the law librarian community.

Episode #6: Ellyssa Valenti Kroski on Sharing Knowledge Sustainably

Host Karen Oesterle chats with Ellyssa Valenti Kroski, the Director of Innovation & Engagement at the New York Law Institute and an award-winning editor and author of 75 books, including Law Librarianship in the Age of AI, which won AALL’s 2020 Joseph L. Andrews Legal Literature Award. Tune in to hear Ellyssa share how she pursues work-life balance while working remotely from a rural homestead, how her commitment to repurposing knowledge led her to connect escape rooms and libraries, and more.

Free Legal Form of the Month

PLI PLUS offers unlimited electronic access to more than 4,500 downloadable, searchable, and editable legal forms ready for use in your practice. In an effort to highlight this unique content type, we’ve selected one form per month and made it available for anyone to download for free – no subscription required.

September’s free form:

Specimen Provisions from Patent License Agreements

More information about Legal Forms & Checklists:

  • Forms & Checklists Flyer – This flyer provides an overview of the forms & checklists on PLI PLUS and highlights a handful of popular examples.
  •  Popular PLUS Forms – This flyer provides a list of the top five most downloaded forms in prominent practice areas on PLI PLUS.

Send us an email at plus@pli.edu to learn more.

Treatise Update – Hillman on Documenting Secured Transactions: Effective Drafting and Litigation (Third Edition)

Hillman on Documenting Secured Transactions offers grounded guidance on best practices for documenting and litigating secured transactions prepared pursuant to Revised Article 9 of the Uniform Commercial Code (U.C.C.). It offers a working grasp of the legal, technical, and business aspects of Article 9 transactions and examines the effects of the 2022 Amendments on nearly every article of the U.C.C. To gain free access to Chapter 18, which addresses the 2022 Amendments in more detail, click here.

Among the many topics updated in this new release are the following:

  • Perfection: A table of the new perfection methods under the 2022 Amendments (see section 2:6.2).
  • Signed Security Agreements: A listing of the increased number of situations in which a signed security agreement is not necessary under the 2022 Amendments (see section 4:1.2).
  • After-Acquired Collateral: A summary of the ways in which the 2022 Amendments narrow the scope of the prohibitions against security interests in after-acquired consumer goods or commercial tort claims (see section 7:2).
  • Control Under the 2022 Amendments: A discussion of how the 2022 Amendments offer new ways to perfect security interests in digital assets (see section 18:4).
  • Unperfected Security Interests: An explanation of the changes the 2022 Amendments make to U.C.C. § 9-317(b) regarding buyers who receive delivery (see section 19:2.1).

Order a print copy today.

PLI PLUS subscribers can access this title through their subscription.