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Will Ransomware Attack Make Law Firms 'WannaCry'?
Employees the world over were locked out of their computers on May 12 and over that following weekend as an insidious and widespread cyberattack nicknamed “WannaCry” rolled through the Internet and into headlines. See, “WannaCry Ransomware: What We Know Monday,” NPR.org (May 15, 2017). The ransomware attack, which for now seems to have been halted, encrypts a computer or network's data and demands $300 in the online currency bitcoin to unlock the data. See, “'Accidental Hero' Halts Ransomware Attack and Warns: 'This Is Not Over,'” The Guardian (May 13, 2017).
While data breach experts said the attack was not particularly complex — it was distributed through an infected email attachment and could have been prevented by staying up-to-date with a Windows patch — the scale of the breaches served as a reminder of the seemingly ubiquitous risk of cyberattacks.
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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.