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Law Firms Aren't Immune to Cybersecurity Risks
Although law firms have managed to remain off the list of the year's biggest data breach victims, firms watching cybersecurity trends most closely are feeling increasingly uneasy about their own security posture. Astute firms are looking to learn as they watch Target Corp., The Home Depot Inc., JPMorgan Chase & Co., Sony Corp. and others struggle to manage an endless stream of news stories that damage their brands, massive disruptions to everyday business, and a significant strain on resources as organizations respond to legal claims, comply with requests for information from regulators, and scramble to bolster security systems in efforts to prevent further incidents.
Because law firms are routinely entrusted with large volumes of highly sensitive data under attorney-client privilege ' private personal information, trade secrets, mergers and acquisitions details, litigation strategy, intellectual property research, health care data and more ' it's only a matter a time before they face the same level of scrutiny of their security practices as do corporations. The risks firms face from inadequate information-security policies, procedures and technology are just as serious and far-reaching as those faced by their corporate clients, and hackers are likely to perceive firms as an easier target.
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.