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Securing a Document Review Center: A Practical Guide
Much ink has been spilled in recent years about information security, hacker exploits and hardware and software products used to thwart hackers. Not a single day goes by without news pertaining to the discovery of vulnerabilities in the software we use and cherish, and to hacker exploits affecting the companies we use in our daily lives. Compromises at JP Morgan Chase, Target, Home Depot, Ebay, Adobe and Apple, to name a few, have led to the leakage of hundreds of millions of records. These infractions lead to billions of dollars of aggregated losses and can be financially devastating to an organization. A 2014 study by the Ponemon Institute, for example, puts the cost of the average data breach at $5.9 million dollars and the cost per record of a breach in the U.S. at over $200. See, “2014 Cost of Data Breach Study: United States (May 2014).”'
The legal industry has been a late comer to the information security frenzy, but the situation has changed over the last 18 months, driven by corporations' realization that law firms and the legal ecosystem orbiting around them has access to some of their most sensitive data. This realization triggered a series of security audits targeting law firms and, in some cases, e-discovery vendors. Corporations spend millions of dollars on information security to build a defensive dome around their data (JP Morgan, for example, announced to its shareholders that it spent $250 million on information security in 2014), and their angst about the safety of that data when it resides on third-party networks is therefore understandable.
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.