National Cybersecurity Strategy: Potential Impacts to Consider
August 01, 2023
What are the impacts to civil society and government if the plan works? We should consider that "collecting intelligence, imposing economic costs, enforcing the law, and, conducting disruptive actions" will work by some measure, and if so, the impacts to the cybersecurity ecosystem could be profound.
How Law Firms Can Avoid A Summer of Cyberattack Threats
August 01, 2023
Summer at law firms creates an attack surface of which hackers love to take advantage. Legal and support staff rotate through vacations and time off, new crops of interns unfamiliar with tech processes enter the fold, and the remaining employees are often burned out and too distracted to notice the critical signs of an impending cyberattack.
New York City's Guaranty Law Invalidated
August 01, 2023
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.
Distressed Investors Should Take Advantage of the Upcoming Plethora of Defaulted CRE Loans
August 01, 2023
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,
How Modern Law Firms Are Navigating Digital Transformation
August 01, 2023
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.
Is Consolidation Coming to a Firm Near You?
August 01, 2023
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.
Tips for Achieving More Certainty of Specific Performance Availability
August 01, 2023
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.