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Poll: Corporate Executives Worried About New Lease Accounting Compliance
According to a recent Deloitte poll, nearly half the responding top-level corporate executives are worried about their companies' ability to comply with the upcoming lease accounting changes in a timely manner.
When Will Disruption Hit the Legal Industry?
Economics tells us an industry that experiences a drop in aggregate demand, adds production capacity, and increases the market overlap among competitors will suffer price erosion and profitability decline. Law firms fit this profile. Yet, in talking with law firm partners, you don't get the sense that any such "disruption" is happening. Perhaps economics has bypassed law?
Forensic Mythologies and Custody Evaluations
<b><I>Part Two of a Two-Part Article</I></b><p>Last month, we looked at several commonly held beliefs about forensic psychologists and psychiatrists who conduct custody evaluations for the courts. Many of them are not necessarily true. We conclude this discussion herein.
Upcoming Event
TexasBarCLE 27th Annual Entertainment Law Institute
A Dragonfly in the Ointment: Cyber Attacks on the Energy Sector May Signal Dark Days Ahead
Recent attacks may not yet have resulted in damages or disruption, but the group appears to be positioning itself to learn how the targeted energy facilities operate while attempting to gain access to operational control systems, if they have not done so already.
Federal Judge Rules on the Overtime Salary Rule
Judge Mazzant issued a final ruling striking down the overtime rule. The Texas Federal Judge used essentially the same reasoning on which he based his temporary injunction ruling. In light of this final decision, the appeal of his temporary injunction likely becomes moot.
Vendor Contracting for Privacy and Security
In an effort to continue to capture ongoing and new business, vendors may be opening themselves up to liability due to poorly drafted contracts with companies. In addition, in a rush by companies to have data shifted to the cloud, privacy concerns may be dangerously minimized.
What's the Deal with WhatsApp?
<b><i>Investigating and Discovering Mobile Device Data</b></i><p>Analyzing data from mobile devices is still uncharted territory for many in Legal and IT. Accordingly, today's modern legal and technology professionals need to brush-up on all things mobile. This includes understanding where applicable data resides in a mobile device and what common challenges are associated with accessing, preserving and extracting this data. One such app taking the mobile device world by storm is WhatsApp.
Industry Vendors Exploited Via Industry-Wide Cyber Attacks
<b><i>How to Protect Your Firm from Vendor Risks</b></i><p>The legal industry is still lulled into a false sense of security, mistakenly assuming that they are immune to a significant IT business outage, and that those unfortunate firms affected by cybercriminals were somehow lacking in adequate cybersecurity presages. That's simply not true. Even Achilles had a weak spot.
Podcast: Implantable Microchips
Next in a series of podcasts looking at the cybersecurity and tech world.

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    A majority of courts consider the <i>contra proferentem</i> doctrine to be a pillar of insurance law. The doctrine requires ambiguous terms in an insurance policy to be construed against the insurer and in favor of coverage for the insured. A prominent rationale behind the doctrine is that insurance policies are usually standard-form contracts drafted entirely by insurers.
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  • Abandoned and Unused Cables: A Hidden Liability Under the 2002 National Electric Code
    In an effort to minimize the release of toxic gasses from cables in the event of fire, the 2002 version of the National Electric Code ("NEC"), promulgated by the National Fire Protection Association, sets forth new guidelines requiring that abandoned cables must be removed from buildings unless they are located in metal raceways or tagged "For Future Use." While the NEC is not, in itself, binding law, most jurisdictions in the United States adopt the NEC by reference in their state or local building and fire codes. Thus, noncompliance with the recent NEC guidelines will likely mean that a building is in violation of a building or fire code. If so, the building owner may also be in breach of agreements with tenants and lenders and may be jeopardizing its fire insurance coverage. Even in jurisdictions where the 2002 NEC has not been adopted, it may be argued that the guidelines represent the standard of reasonable care and could result in tort liability for the landlord if toxic gasses from abandoned cables are emitted in a fire. With these potential liabilities in mind, this article discusses: 1) how to address the abandoned wires and cables currently located within the risers, ceilings and other areas of properties, and 2) additional considerations in the placement and removal of telecommunications cables going forward.
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