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Features
<b><i>Certain Legal Functions Can Be Automated with the Use of Blockchains</b></i><p>The automation of certain attorney functions has given rise to a new form of contracting, known as "smart contracts." Consequently, a decrease in the demand for certain attorney functions that can now be performed by Internet applications is matched by an increase in demand for legal advisers who can prepare smart contracts and ensure these smart contracts accurately reflect a desired business transaction.
Features
Welcome to the new world of digital litigation, which is rapidly emerging in the context of an increasingly globalized world — a world where it is now commonplace for domestic law firms to extend their reach across international borders, engage in legal matters that span multiple jurisdictions, and collaborate with overseas colleagues and foreign counsel on a regular basis.
Features
The recent takedown of dark web marketplace AlphaBay represented a major success for law enforcement agencies in the U.S. and around the world. However, experts caution that its effect on mitigating the overall level of cyberthreat faced by corporations and law firms alike, while significant, will likely be temporary at best.
Features
Calling for a broader view of standing, a federal appeals court in Washington, DC, has reversed the dismissal of a case brought over the 2014 cyberattack of health insurer CareFirst.
Features
Cyber attacks and theft are on the rise around the country, and law firms are becoming prime targets. Unlike manufacturers, banks and retailers, law firms are unique organizations that are highly vulnerable.
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The departure of eight members of the council could signal a strained relationship between the business sector and the government around cybersecurity policy.
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Overall global spending in the information security services and products sector will total $86.4 billion this year, an increase of 7% over last year.
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Financial services firms and their management should keep a close eye on developing cybersecurity regulations, so as to be better prepared to proactively address the shifting regulatory landscape as it continues to evolve.
Features
At press time, DLA Piper was still recovering from its massive cyberattack, with insurance brokers claiming that the resulting upheaval could lead to costs "in the millions" for the firm.
Features
It's important to have a restorative plan in addition to a preventative plan for your IT systems. Here are a few steps a law firm can take to ensure critical case data remains intact and accessible after a cybersecurity breach.