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Privacy and Compliance Services: Why the Market Is Rumbling Against the Big Four
With the advent of stringent privacy regulations in Europe and the United States, corporations are spending more time and money scrambling to ensure their privacy and compliance processes are able to withstand these high levels of scrutiny. At the same time, competition to provide these services is heating up as the Big Four professional services firms plant their stakes more broadly in this fertile ground.
All of the chaos and uncertainty has intensified the dilemma for corporate legal departments of how to find the right service provider to solve their immediate challenges. On one level, the Big Four's established relationships and reputations place them as a logical front runner for strategies and solutions focused around complex, vital business processes. However, the reality of how that expertise translates into legal compliance, privacy, and litigation matters has not been proven. In fact, there are persistent and growing expressions of discontent about the quality of legal compliance-related services offered by these traditional accounting firms. From conflicts of interest to a lack of legal expertise, it's worth a deeper dive into examining how today's legal compliance landscape demands an understanding and a skill set broader than business consulting expertise.
Rather than seeing the arrival of the Big Four as a competitor to eliminate, we see this as an opportunity to examine a broader issue: taking too narrow an approach in solving privacy compliance problems.
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Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
The Anti-Assignment Override Provisions
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?