Untangling the Costs of Cyber Breach Recovery (and Strategies to Avoid Overbilling)
November 01, 2024
As cyber threats (and their price tags) evolve, so must the strategies companies use to navigate breach recovery. The future of breach recovery lies in smarter, faster solutions — particularly AI-driven approaches that streamline data mining and ensure breach notification compliance without compromising security or inflating costs.
Unlocking Your Lawyers' Rainmaking Potential
November 01, 2024
With law firms continuing to face heightened market and industry pressures, business development is essential for both law firm growth and individual lawyer success. However, coaching lawyers to become effective rainmakers presents unique challenges.
Compliance and Third-Party Risk Management
November 01, 2024
To gauge the level of risk and uncover potential gaps, compliance and privacy leaders should collaborate to consider how often they are monitoring third parties, what intelligence they are gathering with and about their partners and vendors, and whether their risk management practices have been diminished due to cost and resource constraints.
Slight Decrease In Commercial Foreclosures Hints at Market Stabilization
November 01, 2024
While the commercial real estate market faced significant headwinds in 2024, recent data suggests that the tide may be turning. The combination of lower interest rates, a decline in foreclosures, and improving market conditions offers a glimmer of hope for property owners and investors alike.
The State of Cost Recovery — Post COVID
November 01, 2024
Law firm operations are different now. Obviously, the biggest impact of COVID has been the inception and continuation of the hybrid work environment. This has been a kick in the pants for law firms to migrate to a digital working environment
The Federal Circuit Clarifies Who Can Be an Expert In Patent Cases
November 01, 2024
In September 2024, the Federal Circuit clarified the necessary qualifications for a technical expert to testify in a patent lawsuit, holding that while an expert must possess ordinary skill in the art, they need not have possessed such skill "at the time of the alleged invention."
Artist Challenges Copyright Office Refusal to Register AI-Assisted Work
November 01, 2024
While the Copyright Office has previously cited the "bedrock requirement of copyright" that that a work must have a human author to be eligible for copyright protection to reject registrations, recent decisions have focused on the role of human authorship in the context of AI.
Real Property Sale Proceeds Must Be Paid First to Unavoided Portion of IRS Tax Lien
November 01, 2024
Given the downward pressure on commercial real estate valuations in many areas, and the increasing likelihood that owners of real property will cease paying real property taxes when there is no longer any equity, we decided to report on a recent decision issued by the Ninth Circuit that reversed a decision of the bankruptcy court allocating the distribution of the proceeds of a sale of real property pro rata between the IRS, on account of its tax lien, and the bankruptcy estate.
Law Firm Real Estate Strategy: Attorney Offices Are Out, Conference Rooms Are In
November 01, 2024
Law firms are navigating a paradigm shift in how they approach office space. With the rise of flexible workplaces, firms are finding that when their attorneys do come into the office, the main goal is to connect and collaborate with peers — and this shift has transformed how law firms address their real estate needs.