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Adopting Information Governance in Small and Midsized Firms
The recent focus on information governance (IG) in the legal industry has usually been related to pre-litigation data and information management for clients. The objective of these IG efforts is to prevent the high costs of e-discovery after a litigation has started by implementing pre-litigation policies to regulate a client's data by knowing what data the client owns, where it is, who owns it and how long it should be retained. Concurrently, the law firm itself is undergoing a change in the way it handles its own and its clients' data. The law firm records management industry has been evolving to an information governance framework. The records function within the firm has traditionally been more of a back-end function, with the idea that everything was created in paper, made into an official record, indexed and hopefully regulated by retention schedules.
“But information governance is now making records management one cog in the whole wheel. We're shifting into things like matter lifecycle management, information security, information mobility, matter mobility, especially in law firms, with the transition of attorneys from one firm to another,” says Brianne Aul, senior manager of firmwide records at Reed Smith and steering committee member of the Law Firm Information Governance Symposium. Some of the other elements that make up the IG framework, according to the symposium, are IT systems administration, information governance awareness, firm intellectual property, document preservation, retention/disposition, client information requests, and records and information management.
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.
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.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.