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A Vendor Cyberattack Can Cost Law Firms Substantial Amounts—And the Risks Are Growing

Thu, 2024-03-28 18:59

Vendor supply chains are some of the biggest cybersecurity risks for law firms, and are all too often neglected.

       

Chinese Investments Pick Up in Brazil, Stoking Work for Lawyers

Thu, 2024-03-28 18:06

With warmer diplomatic relations post-pandemic, China is poised to plow even more capital into its top destination for investment in Latin America.

       

4 Canadian School Boards Sue Social Media Giants for $4.55 Billion in Damages

Thu, 2024-03-28 17:28

Lawsuits claim addictiveness of platforms like Instagram and Tik Tok have 'rewired' the way kids think causing massive strains on educators. Similar lawsuits have been filed in the U.S.

       

The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?

Thu, 2024-03-28 16:56

New NALP figures show that the number of law firms willing to hire associates and partners in areas where they don't have offices is steadily declining.

       

Which Law Firms Got the Work? Disney, Netflix, Sony File Mass Suit

Thu, 2024-03-28 15:53

The defendants are a ring of illegal sites and services defendant William Freemon operates directly or through resellers he actively recruits, the complaint alleges.

       

Inside Reed Smith's Ambitious Modernization Efforts: A Chat With CINO David Cunningham

Thu, 2024-03-28 14:38

Reed Smith is expanding its Innovation Lab and Intelligence Center of Excellence. Firm CINO David Cunningham said the venture involves new hires, outside-the-box thinking and fewer inter-departmental communication gaps.

       

RPL Hits New Peak at Reed Smith, as Profits Stagnate Amid Mounting Costs

Thu, 2024-03-28 14:12

"We saw financial growth from top 200 clients, including significant increases in international engagements, which indicates that our global platform is working for our international clients," said global managing partner Casey Ryan.

       

South Carolina Can Use Map Under Supreme Court Review in 2024 Elections, Judges Rule

Thu, 2024-03-28 13:45

The panel's decision to allow what it considers to be an unconstitutional "racial gerrymander" to be used is a result of the Supreme Court's monthslong delay in ruling on the map's validity.

       

Lateral Movement Has Slowed Across the Board, Especially in Florida

Thu, 2024-03-28 13:24

With nationwide lateral movement down by 35% last year, South Florida saw a decrease of over 43% thanks to a correction period following post-pandemic highs, according to data from the National Association for Law Placement.

       

3M Legal Chief Moves Onto Company's Highest-Paid List After Year of Taming Threats

Thu, 2024-03-28 11:25

Chief Legal Affairs Officer Kevin Rhodes "drove actions to reduce risk and uncertainty through reduced exposure to litigation and regulatory risk," 3M's compensation committee says in the company's newly filed proxy statement.

       

Lawyer Sues Bank of America in IOLTA Class Action

Thu, 2024-03-28 11:19

"If you talk to Bank of America about why they did it, you can't really get a consistent explanation for that," class attorney Neil R. Anapol said.

       

Child Labor Probe Hammers Tennessee Factory, Highlighting Risks to Employers From Feds' Stepped-Up Enforcement

Thu, 2024-03-28 08:37

The Department of Labor fined Morristown, Tennessee-based Tuff Torq $296,951 and secured a court order requiring it to disgorge $1.5 million—a month of profits—after a January inspection found 10 illegally employed children as young as 14 subjected to "oppressive" conditions.

       

'Puppy Yoga is Not a Wellbeing Strategy': Are Law Firms Doing Enough on Mental Health?

Thu, 2024-03-28 06:48

The campaign for mental health in the legal industry has surged in the last month following the Vanessa Ford tragedy, but hardly any firms appear to be considering changes to their wellbeing programmes.

       

Biden Administration Mandates New AI Safeguards for Federal Agencies

Thu, 2024-03-28 05:00

Agencies must publish an annual list of their AI systems, an assessment of the risks those systems may pose and how the risks are being managed. Agencies must also designate a chief AI officer to oversee their AI usage.

       

Franita Tolson Appointed as First African American Dean of USC School of Law

Thu, 2024-03-28 00:41

Tolson received her juris doctor from the University of Chicago Law School in 2005, where she was a member of the University of Chicago Law Review and won the Thomas Mulroy Prize for Oral Advocacy in the Hinton Moot Court Competition.

       

What Not to Do: $43M Verdict Undone Over Hearsay

Thu, 2024-03-28 00:36

"Knowing that this testimony could evoke sympathy in the minds of the jurors, experienced trial lawyers used these improper and highly prejudicial statements to paint a detailed picture—one that graphically illustrated two independent, emotional conversations between a dying mother and her loving sons," Third District Court of Appeal Judge Monica Gordo held in the opinion.

       

'He's Not Going to Admit a Thing:' Sam Bankman-Fried Sentenced to 25 Years in FTX Collapse

Thu, 2024-03-28 00:28

Bankman-Fried, 32, was also ordered to forfeit more than $11 billion. His attorneys at Mukasey Young, led by Marc Mukasey, have said he will appeal.

       

From Shein to TikTok, Lawyers Say US-China Agenda Is Testing Market Resilience

Wed, 2024-03-27 22:53

Increasing regulatory scrutiny can mean more billable hours for a small group of legal advisers, but the "uninvestable" U.S.-China status is worrisome for most.

       

Calif. Bar Court Recommends Disbarment of Ex-Trump Attorney Eastman, Who Also Faces Ga. Charges

Wed, 2024-03-27 21:12

Eastman has continued practicing law as part of a team of attorneys representing U.S. House Republicans Matt Gaetz of Florida and Marjorie Taylor Greene of Georgia in a lawsuit accusing the California cities of Riverside and Anaheim of canceling rallies they were scheduled to appear at in 2021 because of the politicians' pro-Trump views.

       

Freshfields the Latest to Move to 4 Days in US Offices

Wed, 2024-03-27 18:20

U.S. partners, associates, legal assistants and other fee earners at Freshfields will be expected to work at least four days in the office each week, beginning May 1.

       

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