Features

<b><i>Online Extra:</b></i> Yahoo Security Breach Sparks Class Actions
At least six class actions have been filed against Yahoo! Inc. in the wake of last month's announcement of a security breach that compromised an estimated 500 million account holders.
Features
<b><i>Online Extra:</b></i> Much Ado About 'Minimum Standards' for DFS Cybersecurity Regulation
The New York State Department of Financial Services (DFS) made headlines on by announcing a 'first-in-the-nation,' comprehensive cybersecurity regulation, which will mandate 16 'minimum standards' for the 4,000+ institutions operating under DFS jurisdiction. The regulation was released on Sept. 28.
Features
<b><i>Breaking News:</b></i> Much Ado About 'Minimum Standards' for DFS Cybersecurity Regulation
The New York State Department of Financial Services (DFS) made headlines on by announcing a 'first-in-the-nation,' comprehensive cybersecurity regulation, which will mandate 16 'minimum standards' for the 4,000+ institutions operating under DFS jurisdiction. The regulation was released on Sept. 28.
Features
<b><i>Online Extra:</b></i> British Billionaire's Suit Over Alleged Leak Offers First Test of Privacy Law
Gilbert Chagoury, a British billionaire and philanthropist was denied a visa last year to enter the United States because, according to the U.S. government, he was suspected of supporting terrorism. Chagoury denies the allegation, saying the U.S. Department of State relied on bad intelligence. And now he's suing federal agencies that he claims leaked information about him to a reporter. His suit is thought to be the first case brought under the Judicial Redress Act, which President Barack Obama signed in February.
Features
The Internal Risks of Managing Client Matter Information
Why do so many law firms indulge in risky behavior when it comes to managing their clients' records and information?
Features
The New FLSA Overtime Rule
The DOL recently issued its final overtime rule revamping the white collar exemptions under the Fair Labor Standards Act for executive, administrative, professional, and highly compensated employees. This Final Rule, effective Dec. 1, 2016, rolls out major changes for employers, and the DOL estimates that 4.2 million workers will either become eligible for overtime or bring home bigger salaries.
Features
Foundational Scrutiny of Forensic Custody Opinions
While there is a wealth of information that forensic evaluators can offer courts as they deal with the tangled issues connected to custody disputes, the deficiencies in our knowledge listed below can be effectively utilized during cross examination to make clear to the court that the final custody "choice" by an evaluator, while sounding logical, may be less reliable than it sounds ' that it may actually rest on sand.
Features
Marketing Tech: Unfiltered Impressions
For the second consecutive year, Ari Kaplan Advisors conducted independent anonymous interviews with corporate law department leaders, among others, between Jan. 13, 2016 and Jan. 29, 2016. Their responses are easily applicable to law firms, which are often delivering similar services and even competing with litigation support and technology providers.
Columns & Departments
<b><i>e-Discovery Tech:</b></i> Why the FRCP Amendments Mean Legal Teams Need Technology Now More Than Ever
Across organizations, a similar process (more or less) is followed when conducting e-discovery, but the steps often happen in quick succession or nearly simultaneously. The steps are loosely defined by the FRCP and the judicial interpretation that flows from them. The recent changes to the FRCP will inevitably result in the steps shifting and evolving in the coming months and years.
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- Protecting Innovation in the Cyber World from Patent TrollsWith trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.Read More ›
- Private Equity Valuation: A Significant DecisionInsiders (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.Read More ›
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- Use of Deferred Prosecution Agreements In White Collar InvestigationsThis article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.Read More ›
- The DOJ Goes Phishing: The Rise of False Claims Act Cybersecurity LitigationWhile the DOJ Civil Cyber-Fraud Initiative is still in its early stages and cybersecurity regulations are evolving, whistleblower plaintiffs have already begun leveraging the FCA to pursue alleged noncompliance with government cybersecurity requirements.Read More ›