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Data Loss Prevention: A Concept in Motion
Certainly, Data Loss Prevention (“DLP”) has been part of the legal IT professional's mantra for years. In fact, you most likely have some form of DLP in place at your firm to identify, monitor and protect data at rest, such as ethical walls in the document management or records management systems, disabled USB ports, or locked down access to public e-mail providers like Yahoo. However, according to a recent survey of the top 25 Am Law 200 firms, what's really keeping general counsel or risk partners up at night is the risk exposure associated with data in use and data in motion (conceptually speaking). Why? Because law firm business is extremely document intensive and active work can be conducted anywhere; on a laptop, in a coffee shop, at home or on a hand-held device. (Quantitative telephone survey of risk professionals at the top 25 Am Law 200 firms, conducted by The Frayman Group in February 2009.)
The current economic climate, along with portable devices and the mobility of today's workforce, has truly created the perfect storm ' exacerbating DLP issues and expanding the definition of DLP and related needs beyond the piecemeal technology offerings currently available. Preventative steps like ethical walls can easily be applied to stored data ' but data in use is the true risk to address.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.