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New York City's Guaranty Law Invalidated Image

New York City's Guaranty Law Invalidated

Deborah E. Riegel

New York's Guaranty Law was challenged as unconstitutionally restricting a plaintiff's contractual rights The District Court held the law to be constitutional because it advanced a significant and legitimate public purpose through reasonable and appropriate means.

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One Overlooked Element of Executive Safety: Data Privacy Image

One Overlooked Element of Executive Safety: Data Privacy

Dimitri Shelest

Executives have access to some of the company's most sensitive information, and they're increasingly being targeted by hackers looking to steal company secrets or to perpetrate cybercrimes.

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Distressed Investors Should Take Advantage of the Upcoming Plethora of Defaulted CRE Loans Image

Distressed Investors Should Take Advantage of the Upcoming Plethora of Defaulted CRE Loans

Joseph J. Ori

What is different about this distressed cycle is that most of the lenders are not foreclosing and taking title to the CRE assets, managing, and leasing them for a few months and then selling the properties. They are more likely to sell the note/mortgage rather than foreclose on the property. This presents a unique and interesting opportunity for astute distressed investors, who are experienced in acquiring mortgage notes secured by commercial property and in the arduous foreclosure and bankruptcy process,

Features

How Modern Law Firms Are Navigating Digital Transformation Image

How Modern Law Firms Are Navigating Digital Transformation

Ari Kaplan

A new report emphasizes the connection between legal technology and law firm success, the importance of training to ensure technology adoption, the influence of automation and document management on digital transformation, and how law firms are deploying data to create a competitive advantage.

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Is Consolidation Coming to a Firm Near You? Image

Is Consolidation Coming to a Firm Near You?

Harold Westervelt

Automate Onboarding & Offboarding Processes for Smoother Transitions Questions about the role of AI in the legal market continue to dominate current headlines, but firm consolidation remains a big part of the transformation the industry is undergoing. And yes, technology and automation are playing key parts in this. As firms merge or acquire others to expand their capabilities and client base, a streamlined approach to attorney onboarding and offboarding has become essential.

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Potential Legal Pitfalls for Public Companies Due to SEC's New Cybersecurity Rules Image

Potential Legal Pitfalls for Public Companies Due to SEC's New Cybersecurity Rules

Tommy Smith

Some 16 months after first proposing rules for public companies and investment advisors, the SEC adopted new rules, chief among them that public companies disclose material cybersecurity breaches to investors within four days.

Features

Tips for Achieving More Certainty of Specific Performance Availability Image

Tips for Achieving More Certainty of Specific Performance Availability

Adrienne B. Koch & Neil S. Miller

Both litigators and transactional lawyers know the basic drill: specific performance is available for breach of a contract whose subject matter is so unique that money damages will not adequately compensate the non-breaching party. But it does not necessarily follow that specific performance is generally available for breach of an agreement that involves real estate. This article discusses why and suggests some ways parties can achieve more certainty in this regard.

Features

AI-Generated Content, Deepfakes and New Data Push the Limits of Civil Procedure Image

AI-Generated Content, Deepfakes and New Data Push the Limits of Civil Procedure

Jerry Bui

How will traditional tools and techniques need to adapt to handle new data challenges that have never been encountered by digital forensics specialists or lawyers?

Features

Automating Onboarding and Offboarding Is Key to Legal Industry Transformation Image

Automating Onboarding and Offboarding Is Key to Legal Industry Transformation

Harold Westervelt

Automate Onboarding & Offboarding Processes for Smoother Transitions Questions about the role of AI in the legal market continue to dominate current headlines, but firm consolidation remains a big part of the transformation the industry is undergoing. And yes, technology and automation are playing key parts in this. As firms merge or acquire others to expand their capabilities and client base, a streamlined approach to attorney onboarding and offboarding has become essential.

Features

Young Partners Should Embrace an Ownership Mentality Image

Young Partners Should Embrace an Ownership Mentality

Sharon Meit Abrahams

Firms promote associates to partner and then expect them to "act" like a partner. Acting like a partner is an unclear declaration and can cover a wide range of expectations. One of the most important expectations for these newly minted partners is for them to have an ownership mindset. The mindset of a business owner is not something that comes naturally, nor is it in any way developed through the associate years.

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