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Why High-Quality Data is Crucial to Fighting Financial Crime  Image

Why High-Quality Data is Crucial to Fighting Financial Crime 

Tom Bock, Paul Connolly, Fernanda Barroso & Maria Evstropova

The fight against financial crime is becoming increasingly complex. The increasing prominence of AI also means that firms may leave themselves exposed to unexpected risks if they do not carefully consider the quality of the data that fuels the AI system.

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The Double-Edged Sword of Discounting Corporate Legal Fees: Weighing Profitability Against Client Retention Image

The Double-Edged Sword of Discounting Corporate Legal Fees: Weighing Profitability Against Client Retention

Eric Dewey

This article delves into the multifaceted implications of discounting corporate legal fees, exploring both the potential benefits and the risks associated with this strategy.

Features

New York's Good Cause Eviction Law: An Overview and Impact Analysis Image

New York's Good Cause Eviction Law: An Overview and Impact Analysis

Jennifer L. Alexander

The effectiveness of the Good Cause Eviction Law will largely depend on its implementation and the local adaptations that municipalities outside New York City decide to enact. Both landlords and tenants should stay informed about the specifics of how this law is applied in their respective locales and how it will be interpreted and handled in the judicial system.

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The Future Viability of 105(a) Injunctions Following the Supreme Court's Decision In 'Purdue Pharma' Image

The Future Viability of 105(a) Injunctions Following the Supreme Court's Decision In 'Purdue Pharma'

Theresa A. Driscoll

Until now, a successful reorganization assumed the debtor could confirm a plan with nondebtor releases and injunctions based on less than full creditor consensus. Now that nonconsensual releases in Chapter 11 plans are no longer permitted, will debtors have a more difficult time obtaining a 105(a) injunction?

Features

Leveraging Law Firm KPIs for Business Success Image

Leveraging Law Firm KPIs for Business Success

Peter Oliva

Utilizing Key Performance Indicators (KPIs) in a law firm is crucial for evaluating performance, profitability, client satisfaction, and overall success. Understanding which attorneys are the most profitable, which matters are the most lucrative, and the cost of acquiring new clients is crucial for making informed business decisions.

Features

DOJ's Cyber Fraud Initiative Is a Wake-Up Call That Keeps Ringing Image

DOJ's Cyber Fraud Initiative Is a Wake-Up Call That Keeps Ringing

Randy S. Grossman, Kareem A. Salem & Kayla LaRosa

The DOJ's Cyber-Fraud Initiative's results and DOJ's guidance on corporate compliance have made the point to government contractors and corporate America — "now is the time to invest and reinvest" in cybersecurity compliance.

Features

CLE Shouldn't Be the Only Mandatory Training for Attorneys Image

CLE Shouldn't Be the Only Mandatory Training for Attorneys

Sharon Meit Abrahams

Each stage of an attorney's career offers opportunities for a curriculum that addresses both the individual's and the firm's need to drive success.

Features

Blockchain Domains: New Developments for Brand Owners Image

Blockchain Domains: New Developments for Brand Owners

John McElwaine

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.

Features

Appellate Courts Skeptical About Bankruptcy Court Sanctions Image

Appellate Courts Skeptical About Bankruptcy Court Sanctions

Michael L. Cook

Recent appellate decisions reflect a distaste for appeals from bankruptcy court sanction orders. A split Fourth Circuit even refused to hear such an appeal. Other courts tend to limit sanctions or, alternatively, accept a bankruptcy judge's findings under a stringent "abuse of discretion" standard.

Features

DOJ's Cyber Fraud Initiative: A Wake-up Call That Keeps Ringing Image

DOJ's Cyber Fraud Initiative: A Wake-up Call That Keeps Ringing

Randy S. Grossman, Kareem A. Salem & Kayla LaRosa

DOJ's Cyber Fraud Initiative has been a wake-up call for companies to prioritize cybersecurity and adhere to stringent standards. By leveraging the FCA, DOJ has used a powerful enforcement tool to target a wide range of cybersecurity failures and misrepresentations. The increasing focus on cybersecurity by enforcement agencies means that robust cybersecurity practices are becoming a standard expectation, not just a best practice.

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