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Shielding Law Practices: Mitigating Vendor Risks to Safeguard Client Confidentiality
May 01, 2024
Because vendors often access clients' internal systems, customer data, and intellectual property, they will always be a magnet for hackers searching for valuable data. Bad actors will always look for the weak spots in a firm's defenses, including those deployed by a firm's vendors and other third parties. And signs point to a growing number of cyberattacks, not a lessening of them.
A Roadmap for Implementing Information Governance In Law Firms
May 01, 2024
In today's digital age, the volume of data generated and managed by law firms has skyrocketed, presenting both opportunities and challenges. Unfortunately, in parallel with this exponential growth in data, and partially as a direct result of it, law firms have also experienced a significant increase in targeted cyberattacks.
Navigating Custody and Control: Ownership of Smartphone Data and Enforcement of Usage Policies
May 01, 2024
New regulations from the DOJ around the ownership and governance of company data on personal devices are catching up to the way the world actually works. It's going to make companies' lives a lot harder — and for precisely the same reason that smartphones have made their lives a lot easier.
Is Genetic Information the Next Privacy Battleground?
May 01, 2024
GIPA litigation remains in its early stages, but the possibility of exorbitant statutory damages could make GIPA the next major trend in privacy class action litigation.
New Federal Privacy Legislation Has Legitimate Shot At Passing
May 01, 2024
For years, the business community has been calling for a comprehensive federal privacy law, frustrated with operating under a patchwork of sometimes-conflicting state laws. Now, Congress is considering one that's extremely wide-ranging and that observers say has a legitimate chance of passage.
Unbiased Thinking: A Blueprint for Your Law Firm Billing & Collections Transformation
May 01, 2024
Law firms generally experience a similar set of common challenges and costs tied to inefficient billing and collections practices. This is a cost no firm can afford; and to that end, this article offers a blueprint for transforming billing and collections
Early Impact of the CHIPS Act
May 01, 2024
This article describes certain key developments in the period from passage of the CHIPS Act through the present day, and provides a brief survey of key grantmaking and investment activity by U.S. government agencies since passage of the Act.
Delaware District Court Could Guide Supreme Court Purdue Pharma Decision
May 01, 2024
A bankruptcy court properly held that derivative claims based on "piercing the corporate veil theory of liability [were] released under" a confirmed reorganization plan, but that direct "claims for negligent undertaking" were not released and "could be asserted" in state court against the debtors' equity sponsors.
OFAC, Commerce, and DOJ Emphasize Pursuit Of Enforcement Actions Against Non-U.S. Persons and Entities
May 01, 2024
The guidance mirrors the recent, broader impulse among U.S. prosecutors and regulatory agencies to extend application of U.S. law to foreign persons and entities, even when those persons and entities have only threadbare connections to the U.S.
What Every Lawyer's Client Needs to Know About Succession Planning
May 01, 2024
I often run into business people who are confused about the differences between succession planning and exit planning. You are in the unique position of being able to guide your clients through the confusion.

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  • How Secure Is the AI System Your Law Firm Is Using?
    What Law Firms Need to Know Before Trusting AI Systems with Confidential Information In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
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  • Pleading Importation: ITC Decisions Highlight Need for Adequate Evidentiary Support
    The International Trade Commission is empowered to block the importation into the United States of products that infringe U.S. intellectual property rights, In the past, the ITC generally instituted investigations without questioning the importation allegations in the complaint, however in several recent cases, the ITC declined to institute an investigation as to certain proposed respondents due to inadequate pleading of importation.
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  • Compliance and Third-Party Risk Management
    To gauge the level of risk and uncover potential gaps, compliance and privacy leaders should collaborate to consider how often they are monitoring third parties, what intelligence they are gathering with and about their partners and vendors, and whether their risk management practices have been diminished due to cost and resource constraints.
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