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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.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
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.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.