This Law Firm Publication by Jackson Lewis P.C. discusses the Labor Transformation and Flexibility Act, which was signed by Puerto Rico Governor Ricardo Rossello on January 26, 2017. The act makes significant changes to the landscape of Puerto Rican employment law, including changing the definition of daily overtime, establishing a uniform overtime rate, providing a new severance formula for unjust dismissals, allowing flexible work schedules in certain circumstances, shortening some statute of limitations, and more.