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Potential liability for data breaches has emerged as a major concern for businesses in the past few years as massive cyber-attacks are increasing, with companies that use or store private customer data electronically or use social media as part of their marketing strategy being the prime targets. These data breaches have contributed to an increase in director and officer (D&O) litigation in connection with cyber incidents, and will continue to do so.
Banks are the target of prosecution, both in Connecticut and in Washington, DC. A look at two separate cases.
Prior Foreclosure Action Does Not Bar Action Against Guarantor
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Employers with transgender employees should be aware of recent developments in the interpretation of laws for transgender employees, especially in relation to an employee's access to restroom facilities while at work. This article provides a brief explanation of the law and the steps an employer can take to ensure that all employees remain comfortable in using restroom facilities.
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The so-called "silo mentality" has come to be defined as an attitude found in many organizations that occurs when several departments or groups do not actively share information or knowledge with others within the same company and have little to no understanding of what the others are doing.
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Jurors at the criminal trial of three former Dewey & LeBoeuf executives facing fraud and conspiracy charges heard vivid descriptions of some of the drama that precipitated the firm's bankruptcy filing in May 2012 from former litigation partner Ralph Ferrara, whose testimony continued late last month.
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The request for information (RFI) regarding the use of so-called "brokerage windows" is one of the more recent developments surrounding what has become an increasingly controversial topic regarding the investment of Section 401(k) plans and other participant-direct retirement plans.
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From mobile and global work environments to alternative billing models to a perceived crisis in legal education, the legal industry is in the midst of a major transformation. Some changes are evolutionary, yet other developments may feel revolutionary for those unprepared for change. What are the key trends that will disrupt the legal industry and impact practice across the landscape?
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For law departments, today's business environment is making it increasingly difficult to manage, control or reduce costs while being able to achieve satisfactory results. This is forcing companies to become more efficient in managing and controlling legal costs handled both internally by the organization and externally by outside counsel.
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The practical and economic advantages of cloud computing are clear ' it eliminates the need to send client data via traditional, costly methods, and is significantly less expensive than building and maintaining the same data storage capacity in-house. But is the attorney-client privilege at risk?