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As a result of two watershed cases, a Board that fails in its duty of oversight of intangible assets now places individual directors at risk for personal liability.
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At any professional services firm, but particularly for an AmLaw 200 law firm with offices in several locations, data protection is a key concern for management. At my current firm as well as a previous one, Riverbed Steelhead' appliances played a crucial part in and facilitated our data protection approaches by enabling the consolidation and centralization of our critical servers and data. Riverbed has listened to its customers and has continued to improve its products with the result that they not only optimize WAN connectivity, but also offer additional features and functionality to help firms more effectively execute their technology plans.
Law firms around the world are continually challenged with how to best manage information and business processes associated with clients, matters, conflicts of interest and new business intake while taking every precaution to mitigate risk and increase productivity. It's not an easy task, but with proper vision, along with the right team and systems in place, firms can meet evolving business needs and achieve optimal information management while enhancing risk management. Here is how we did it at Cadwalader, Wickersham & Taft.
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The process of redaction evokes images of legal teams gathered along large conference tables surrounded by boxes stroking black permanent markers across brittle documents, while assistants shuttle between photocopiers and bates stamping machines to prevent an adversary from spotting a privileged smoking gun. With the transformation of modern litigation from print to digital, those who incorporate and master the use of electronic tools have a distinct advantage.
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In response to increasing volumes of electronic data generated and maintained, corporations are forming response teams to develop and implement protocol designed to comply with legal requirements for the preservation and production of electronically stored information. In furtherance of this mission, the role of IT has gone through a radical evolution ' and IT is leading the charge in creating and implementing IT protocol designed to safeguard corporations against the future threat of litigation or investigation.
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The New Jersey Supreme Court is poised to decide whether ordinary people who lie about the wares they sell on Internet auction sites like eBay can be held liable under the state's Consumer Fraud Act, with its awesome treble-damages remedy.
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In the early "wild west" days of the Internet, legal remedies always seemed a step behind the intellectual property dilemmas presented by the new technological medium. Congress has gradually responded by enacting new laws to tackle high-tech loopholes, and the courts have creatively applied traditional concepts in an effort to prevent unscrupulous people from exploiting others' Internet-based intellectual property.
Highlights of the latest intellectual property news from around the country.
When it comes to social media, I tend to be an evangelist. But even I could not grasp why so many lawyers were all atwitter over Twitter. What value could there be in a microblogging tool that limits each post to 140 characters? So I strapped on some wings and gave it a try. In no time at all, Twitter turned me into a songbird ready to sing its praises.
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Grip sites tell a business what some customers think, even though their opinions are not necessarily those that the business wants to hear ' and certainly not those that it would want other customers or potential customers to hear. They could serve as a warning system to companies that their products or services are not being well received and that they are suffering from bad word of mouth. Gripe sites also, theoretically, add to the public good as forums for discussion and create better-informed customers. But there are, or should be, many other and better ways to obtain this information, such as through a company's own Web site and toll-free customer service numbers.