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Law firms are as much at risk for cyber attacks as any other industry, a point emphasized in a recent internal report at a major bank that warned employees about the threat of attacks on the networks and websites of big law firms, according to the New York Times. See, “Citigroup Report Chides Law Firms for Silence on Hackings.”'Because of the lack of reporting requirements in the industry, it is unclear how many breaches have actually occurred. Law firms have been relatively unwilling to share information about security breaches because of potential concerns about how that information would affect their credibility. In fact, digital security at many law firms, despite improvements, generally remains below the standards set for other industries. Fortunately, law firms are now recognizing the risk and beginning to take preventive action. This article describes some of the reasons law firms are cyber-attack targets, steps they can take to reduce their risk, and what clients are doing to encourage law firms in those efforts.
Law Firms As Targets
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
With 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.