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Cloud Computing Security: More Opportunity, Less Threat
If you follow the legal technology headlines you might have noticed that we've come full circle on cloud security. Rewind seven or so years, and mainstream cloud computing adoption was being thwarted by grave concerns about data security, data governance and data access. As the cloud became more pervasive in many industries globally, the legal market took note and slowly but surely more law firms went to the cloud. Thanks to persistent market education and the realization that cloud benefits ' such as flexibility, cost savings, mobility/accessibility and resource savings ' outweighed potential security issues, the legal cloud gained momentum. As security concerns became more pronounced and difficult to effectively address in-house, law firm CIOs and information governance leaders realized that reputable cloud providers were much better positioned to tackle security.
Fast forward to 2016. Security is still a major concern. The 2015 ILTA/InsideLegal Technology Purchasing Survey cited security as the top challenge facing legal IT leaders, including concerns about providing a secure environment for information and file sharing in the cloud. Law firm clients are now demanding their outside counsel complete regular security audits, with global firms routinely being audited in the double digits. Protecting a firm's IP and work product is increasingly important to corporate clients, especially in regulated industries.
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.
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.
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.
One Overlooked Element of Executive Safety: Data Privacy
Executives have access to some of the company's most sensitive information, and they're increasingly being targeted by hackers looking to steal company secrets or to perpetrate cybercrimes.