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The Role of Encryption in Law Firm Data Security
Incidents over the last few years leave little doubt that hackers are increasingly targeting law firms. The data breach of law firm Mossack Fonesca, known as the Panama Papers, last April was the largest known and highest profile. The thieves took 2.6 terabytes of data, including 2.2 million PDFs, 3 million database files and 4.8 million emails. (For more on the Panama Papers, see, “The 'Panama Papers' and You,” a two-part article in our sibling LJN newsletter, Business Crimes Bulletin.)
Yet, many law firms don't use even basic encryption. In the ABA's 2016 Legal Technology Survey, only 38% of respondents reported using file encryption, only 26% use email encryption for confidential or privileged communications and documents sent to their clients, and only 15% use drive encryption.
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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.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?