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Taming the Beast
Ninety percent of information in existence today was created in the last two years and experts estimate that, currently, over 90% of corporate data is in a digital format. Data is currently being created at a rate of two million terabytes per year, and industry analysts surmise that number will explode to four million terabytes per day in the near future. See, “What Is Big Data?” IBM.com.
Corporate law departments acknowledge the need to manage and control this unabated and explosive growth of digital information, yet understand that the traditional approach will not work. In the past, the responsibility for creating and implementing an organization's records management program has typically fallen to the records manager, with support from the corporate law department for certain activities such as approving the company records retention schedule. Records management programs focused primarily on paper records management. Now, with information ever growing and primarily in digital format, most organizations acknowledge that a different approach needs to be taken.
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.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
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.