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The relationship between in-house corporate counsel and outside law firm counsel is undergoing significant changes in today’s environment. When companies were faced with lawsuits and investigations in the past, they relied on law firms to manage many aspects of their cases. In-house counsel had their own jobs to do and law firm attorneys possessed the knowledge and expertise to focus on discovery, trial preparation and litigation. In-house counsel worked closely with their law firm counterparts throughout the matter, but for the most part corporate attorneys allowed outside counsel to take the lead on the management of individual matters and paid the bills that were submitted. While legal departments may have grumbled over fees, they often accepted the billable hours and trusted the processes of outside counsel.
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New U.S.-China Investment Dynamic Focuses On AI and Sensitive Technologies
By David A. Holley
An Executive Order released by the Biden Administration on Aug. 9 places increased importance on due diligence when investing in specific foreign countries. The Executive Order will regulate outbound investments in China with a focus on key technologies critical to safeguarding U.S. national security, including artificial intelligence.
New York’s Latest Cybersecurity Commitment
By Erik B. Weinick
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York’s inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Data Breach Defense: Mobilizing Against Weaponized Mass Arbitration
By Daniella Main and Brooke Bolender
Most companies have experienced or will experience a data breach. Increasingly, companies also face the risks associated with mass arbitration weaponized by the overwhelming volume of claims after a breach.
By Wim Nauwelaerts
Businesses and organizations that (regularly) transfer personal data from the EU to the U.S. should carefully assess, on a case-by-case basis, whether it makes sense to rely on the new EU-U.S. Data Privacy Framework or to use one of the other data transfer tools that are available under the GDPR.
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