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Best Practices for Law Firms to Meet Cybersecurity Requirements of Inside Counsel
Whether or not your clients have suffered a data breach, cybersecurity is undoubtedly a critical concern. Many of your clients are actively searching for and plugging any gaps in their security. They may wisely be investing in pre-breach risk assessment services to identify data that is most vulnerable and valuable to thieves once they get inside, adding multiple layers of protection around it and establishing a concrete action plan to minimize any damages and exposure. And if your clients haven't done so already, they're going to focus their attention on what could potentially be an Achilles Heel for them ' their law firms.
In late 2013, while the world was still reeling from the magnitude of the Target and Neiman Marcus data breaches, McKenna, Long & Aldridge, a top-100 international law firm, was breached. It nearly escaped all notice by the media ' perhaps because it was only a law firm and not a giant, national retail chain, or because the thieves only made off with the W-2 and other financial information of the firm's past and present employees. But had the attackers persisted undetected, who knows what kinds of treasures they might have found? The firm is not alone: In 2011, Mandiant reported that at least 80 top firms had suffered breaches, and the American Bar Association's 2013 Technology Survey reported that 15.2% of all firms acknowledged that they had suffered a security breach.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
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.
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.
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.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.