Regulation

For law departments, today's business environment is making it increasingly difficult to manage, control or reduce costs while being able to achieve satisfactory results. This is forcing companies to become more efficient in managing and controlling legal costs handled both internally by the organization and externally by outside counsel.

' The Federal Trade Commission (FTC) was sued last month for refusing to turn over information about how the agency decides to bring data security cases. The Freedom of Information Act suit by Philip Reitinger, a former Department of Homeland Security official who is now president of a cybersecurity company, comes as the FTC'defends its role as data security cop'in two ongoing cases. …

Last year, the Pew Center released its demographic data on social media usage. The data revealed that ' regardless of age, race, sex, education or income ' nearly 75% of all adults in the United States who use the Internet use social media. The time is ripe to examine the pros, cons and pitfalls of monitoring employee social media postings from a legal perspective.

One of the most frequent questions that we have at the moment is about the timetable for Europe's changes to data protection laws. Needless to say, there is no definite answer. However, the path forward may recently have become just a little clearer.

The SEC issued draft regulations for implementing Title IV of the JOBS Act on March 25, 2015. The new regulations offer a way for an issuer to run an Internet-based, crowd-funding securities offering to both accredited and non-accredited investors.

Unless you are deaf to the present realities in today's legal marketplace, you now hear the steady drumbeat of client-focused legal service delivery: a persistent rhythm driving you toward Legal Project Management (LPM). Clients are insisting that firms price and deliver services that fit their tolerance for risk, produce excellent results and keep the work within budget ' all in the most efficient manner.

Customers in the United States often pay more for valued branded goods than buyers of the same goods in less well-developed economies. Higher prices here in the U.S. in turn support profits and shareholder value for manufacturers of branded goods, and strengthen domestic industry.Yet this pricing disparity for the same products in different markets creates an incentive for the so-called grey market.

Much ink has been spilled in recent years about information security, hacker exploits and hardware and software products used to thwart hackers. Not a single day goes by without news pertaining to the discovery of vulnerabilities in the software we use and cherish, and to hacker exploits affecting the companies we use in our daily lives.