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Features

Data Mapping: Leave No Data Behind Image

Data Mapping: Leave No Data Behind

Ariyah Mandel

Why Data Mapping Is a Critical Exercise for Corporate Legal Departments Data mapping is the process of figuring out what information a company gathers, where it is kept and how it moves across the company. This article examines the importance of data mapping for corporate legal departments and how it fits into a larger strategy.

Features

Protect Your Firm from the Coming Cyber Storm Image

Protect Your Firm from the Coming Cyber Storm

Christopher Lafferty

The rise of security breaches has us all acutely aware of the importance of keeping firm and client information as safe as possible. Law firms of all sizes continue to be hot targets for cybercriminals looking for sensitive financial, personal and business data about clients and cases. Experts predict that 2023 will see more cybersecurity threats than ever before.

Features

How Companies Can Benefit from 3D Printing Image

How Companies Can Benefit from 3D Printing

Brian A. R. Raddatz & Kate Nuehring Su

3D printing, or additive manufacturing, is raising the bar for companies across a variety of industries in terms of convenience, capabilities, and lowering cost. To maintain a competitive edge, companies must keep pace with the developments occurring within their respective fields and should consider pursuing patent protection when appropriate to capitalize upon their own innovative contributions.

Columns & Departments

Podcast: Crypto's Down, But It's Far From Dead Image

Podcast: Crypto's Down, But It's Far From Dead

CLS Staff

Listen in on a post-webinar chat on "The Crypto Landscape: Post-FTX," with Blockchain Legal LLP partner Aaron Krowne and counsel Ali Derie, along with veteran entertainment industry lawyer Eric S. Goldman, about cryptocurrency's rocky recent past (and present) as well as its still-promising, if uncertain, future.

Features

Yes, You Are My Data's Keeper Image

Yes, You Are My Data's Keeper

Josh Hummel

Federal Court Decision Among the First to Allow a Data Breach Liability Claim to Proceed Under Common Law Bailment Theory Data breach lawsuits have often struggled to match up the unique realities of data breaches with traditional theories of legal liability. A recent decision from the Southern District of Indiana, however, cut through these issues by allowing a class action claim to proceed on a theory of liability often proposed by commentators as a solution to the data breach liability conundrum but until recently almost uniformly rejected by courts: the common law theory of bailment.

Features

AI Regulation in the U.S.: What's Coming, and What Companies Need to Do In 2023 Image

AI Regulation in the U.S.: What's Coming, and What Companies Need to Do In 2023

Kim Peretti, Dan Felz & Alysa Austin

Part Two of a Two-Part Article In Part One, the authors addressed the industries most affected by AI, and began the discussion on U.S. federal and state regulations to expect in 2023. Part Two, continues the discussion on potential federal AI regulation and what companies can do to prepare.

Features

Legal Operations Success In 2023 Image

Legal Operations Success In 2023

Ari Kaplan

Strategies for Navigating an Uncertain Economy, Leveraging CLM Technology to Streamline Processes, and Embracing Change During a recent discussion with a select group of leaders in legal operations in highly-regulated organizations, several key themes emerged that are likely to drive new initiatives in 2023.

Features

Federal Jury Rejects First Amendment Defense In 'MetaBirkins' NFT Standoff Image

Federal Jury Rejects First Amendment Defense In 'MetaBirkins' NFT Standoff

Todd Larson & Yonatan Shefa

Leading the charge in thorny IP issues have been cases addressing whether NFT makers who utilize other parties' trademarks can turn to the First Amendment as a defense to trademark infringement. This article analyzes the summary judgment decision that set the stage for trial in Hermes International, and provides some takeaways concerning the legal landscape for NFTs moving forward.

Features

Start-Ups, Cyber Attacks and Regulations Image

Start-Ups, Cyber Attacks and Regulations

CLS Staff

A Q&A with Christina Gagnier, a Shareholder with Carlton Fields and President of the newly-launched privacy and cybersecurity consultancy CTRL, on the cyber issues specific to start-ups and small businesses.

Features

Strategies to Improve Security and Optimize Your Technology Spend Image

Strategies to Improve Security and Optimize Your Technology Spend

Mike Henderson, Whitney Jones, & Bill Pitcairn

Uncertain and challenging markets are times when firms and organizations of all types conserve cash. If this can be achieved without cutting needed projects, equipment or services to ensure successful returns to the office, then this is clearly an ideal financial strategy. In fact, leasing and financing not only helps firms conserve cash, but when done right, helps firms also maximize their IT budgets.

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    “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.
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    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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