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<b><i>Online Extra:</b></i> Am Law 200 Firms Spending $7M on Cybersecurity Annually
With unfettered access to critical documents and information, law firms are an attractive target for hackers. Even when firms employ cutting-edge data security techniques, their possession of corporate data still multiplies the surface area of risk for that information. A recent survey of the Am Law 200, which tapped nearly one-third of firm CIOs for their experience, is showing the extent to which the highest grossing firms are spending to mitigate the risk associated with data security.
According to the findings of Chase Cost Management's 'What Price Peace?”survey'spending on information security at Am Law 200 firms rarely exceeds 1.9% of gross annual revenue. Firms spent around $6.9 million on average, though the survey cautions some of that may have gone to non-cybersecurity projects.
While the survey was able to determine the average that respondent law firms were spending on these efforts, harder to determine was whether or not that was enough. Respondents split 50/50 on whether their spending was 'about right' or 'not enough,' though predictably, no respondents indicated there cybersecurity spending was 'too much.'
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models
Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.
Hyperlinked Documents: The Latest e-Discovery Challenge
As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.
Identifying Your Practice's Differentiator
How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.
Risks and Ad Fraud Protection In Digital Advertising
The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.
Turning Business Development Plans Into Reality
This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.