Wolters Kluwer N V Stock Price, News & Analysis

Wolters Kluwer ELM Solutions’ LegalVIEW Insights 2023-1 report highlights that corporate legal departments possess substantial negotiation power over law firm rates, countering the belief that rate increases are inevitable. The study reveals that 32% of Am Law 100 timekeepers experienced no rate increases from July 2021 to June 2022, while 13% saw decreases. Notably, 21% of law firm timekeepers achieved increases over 10%. In the financial sector, timekeepers billed an average increase of 5.9%. The report suggests that organizations can effectively challenge the pricing norms of large firms.

Wolters Kluwer released expert reports analyzing key economic tax and employment reforms from the 2023 Singapore Budget announced by Deputy Prime Minister Lawrence Wong on February 14. These comprehensive analyses are aimed at tax and HR professionals, providing insights into business tax, personal tax, tax incentives, and measures for job growth. Available within 10 hours of the Budget release, the reports enhance the CCH IntelliConnect platform, offering rapid access to updated information. The initiative reflects Wolters Kluwer's commitment to delivering accurate, high-quality insights to empower clients in decision-making.

Wolters Kluwer Compliance Solutions, in collaboration with Compliance Week, is hosting a complimentary webinar on February 21, 2023, at 2 PM ET. The panel, titled “Connecting the Compliance-Related Dots,” will discuss the importance of maintaining an authoritative source library (ASL) in regulatory change management. The event will feature expert insights and the opportunity for attendees to earn CPE credits.

The upcoming webinar titled “The 2023 Delaware Update”, hosted by Wolters Kluwer CT Corporation, aims to provide essential compliance insights for businesses incorporated in Delaware, the most popular incorporation state in the U.S. Scheduled for February 21 at 1 PM ET, the session will feature experts Alan Stachura and Dan Lias discussing key deadlines, form updates, and upcoming legislation affecting corporate clients. With nearly 130 years of experience, CT Corporation is a trusted provider of registered agent services and legal entity compliance, serving over 75% of Fortune 500 companies.

Wolters Kluwer Tax & Accounting has released its 2022 Tax Year-In-Review that outlines key federal tax law developments. Major highlights include the enactment of the Inflation Reduction Act and SECURE 2.0, which significantly impact clean energy and tax-favored retirement provisions. Additionally, the IRS is set to enhance taxpayer services and technology due to increased funding. The report also notes ongoing developments at the OECD regarding global taxation shifts. For a comprehensive overview, refer to the tax briefing.