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Features

Legal Tech: E-Discovery Case Digest Image

Legal Tech: E-Discovery Case Digest

Mike Hamilton

A look at key court rulings on e-discovery matters from the winter of 2017-18.

Features

Georgia Gov. Deals a Blow to Controversial Cybersecurity Bill Image

Georgia Gov. Deals a Blow to Controversial Cybersecurity Bill

Gabrielle Orum Hernández

Gov. Nathan Deal opted to veto a cybersecurity bill criticized by technology groups that would have made “unauthorized computer access” a crime.

Are U.S. Records Retention Requirements on a Collision Course with the GDPR's 'Right to Erasure?' Image

Are U.S. Records Retention Requirements on a Collision Course with the GDPR's 'Right to Erasure?'

Stacey Garrett

U.S. laws require companies to retain records for years, and sometimes forever, and violating U.S. records retention laws can result in domestic fines and penalties. How can U.S. companies comply with the GDPR's "right to erasure" while still fulfilling their U.S. records retention obligations?

Features

Are U.S. Records Retention Requirements on a Collision Course with the GDPR's 'Right to Erasure?' Image

Are U.S. Records Retention Requirements on a Collision Course with the GDPR's 'Right to Erasure?'

Stacey Garrett

U.S. laws require companies to retain records for years, and sometimes forever, and violating U.S. records retention laws can result in domestic fines and penalties. How can U.S. companies comply with the GDPR's “right to erasure” while still fulfilling their U.S. records retention obligations?

Features

Vendor Risk Management for Law Firms: 7 Steps to Success Image

Vendor Risk Management for Law Firms: 7 Steps to Success

Ishan Girdhar

Most firms have extensive cybersecurity measures in place, but emerging or unclear regulatory requirements embroil them in a never-ending cycle of evaluation, best-practices review, and implementation. Firms don't just need to have their own systems secured; a responsible firm must also reduce the risk of breach at their third-party vendors. As cloud service providers become commonplace, so too does a firm's responsibility to ensure their vendors are managing risk appropriately.

Features

How Law Firms Can Prepare for FinTech Wave Image

How Law Firms Can Prepare for FinTech Wave

Keith Fall & Taylor Miller 

<i><b>The Innovations and Industry Disruption Should Have Law Firms Snapping to Attention</b></i><p>The world of financial services is being upended by new technologies — from virtual currencies and blockchain to peer-to-peer lending and enhanced mobile banking — that are capturing customers, as well as the attention of Wall Street investors and industry regulators.

Features

You're Going to Need a Bigger Boat Image

You're Going to Need a Bigger Boat

Mark Sangster

<b><i>Small Law Firms Face Large Regulatory Requirements</b></i><p>Unlike large firms with comparable resources with which to protect client non-public information, small firms can find themselves trapped between cyberattacks, like ransomware, that don't prejudice based on the size of firm, and regulators who are indifferent to your size, when investigating a potential violation.

Features

Founders of Cryptocurrency-Focused Tech Company Face Federal Fraud Charges Image

Founders of Cryptocurrency-Focused Tech Company Face Federal Fraud Charges

Colby Hamilton

Two heads of a tech company that raised tens of millions through an initial coin offering for what was sold as the world's first multi-blockchain debit card now face federal civil and criminal charges for allegedly defrauding investors.

Features

The Power of Certifications In the Legal Industry Image

The Power of Certifications In the Legal Industry

Jared Coseglia

<b><i>Part One of a Two-Part Article</b></i><p>The key paths and the corresponding certifications available for lawyers — and nonlawyers — to pursue to help successfully administer a career in the legal industry in the coming decade.

Features

Key Tech Terms to Know: Archives, Backups, Disaster Recovery and “as-a-Service” Image

Key Tech Terms to Know: Archives, Backups, Disaster Recovery and “as-a-Service”

Jeff Ton

A few essential definitions, intended to provide clarity and guidance to firms that are exploring how to improve their data compliance, protection and recovery posture.

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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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  • Private Equity Valuation: A Significant Decision
    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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