Archive for November, 2016
FinCEN Issues Guidance on Cybersecurity
Insight
More guidance on cybersecurity requirements is available, this time an advisory from FinCEN to help financial institutions on their Bank Secrecy Act (BSA) obligations regarding cyber-events and cyber-enabled crime.
Arlene Switzer Steinfield Recognized in the Dallas 500
News
Dykema Cox Smith announced that Arlene Switzer Steinfield, Dallas-based Senior Counsel in the firm’s Labor and Employment Practice, was recognized in D CEO’s special edition,
Norton Rose Fulbright Addresses Legal Implications of Smart Contracts
News
Blockchain consortium R3 has contracted global law firm Norton Rose Fulbright to determine the contractual effect and enforceability of smart contracts, reports Finextra.
Associate Salary Hike to $180K Cited as Strain to Law Firm Profits
News
In the months since Cravath Swaine & Moore hiked starting salaries for first year associates by 11 percent to $180,000, law firms across the country raised their associate compensation scale to match — and now those pay increases are showing up as profit growth slows at some law firms, according to a new report on the first three quarters of 2016 compiled by Citi Private Bank.
Rio Tinto Terminates Executives Over Simandou Investigation
News
Mining giant Rio Tinto PLC said it fired one of its most senior operational executives and its head of legal and regulatory affairs based on the findings from a continuing internal probe into $10.5 million in payments to a consultant who helped acquire mining rights in Guinea, reports The Wall Street Journal.
In Contracts, What a Difference a Word Makes
Insight
Larry P. Schiffer of Squire Patton Boggs describes a recent case that illustrates his point that legalese and unnecessary words can cause a trier of fact to interpret a clause in a way that is unexpected.
When it Comes to Contracting With the Federal Government: Beware
Insight
Jennifer S. Cluverius of Nexsen Pruet, LLC writes about some of the most costly and often-unnoticed employment-related compliance obligations faced by federal contractors and subcontractors.
Donald Trump’s Son-in-Law Tests Legal Path to White House Job
News
Ethics lawyers in both parties have warned that such an arrangement would violate that 1967 law enacted after John F. Kennedy installed his brother, Robert F. Kennedy, as attorney general, The New York Times reports.
Lawyer Spared from $1M Sanction Faces $45K Fine
News
Philadelphia insurance defense attorney Nancy Raynor had at one time faced a $1 million sanction, imposed for alleged witness intimidation during a medical-malpractice case.
The New Law Department Professional: Transforming Legal to Run as a Business Unit
Insight
The role of in-house legal is changing. Corporate legal professionals are expected to lead the charge in implementing corporate initiatives aimed at reducing costs, mitigating risk, introducing new technologies, and changing corporate culture.
Trump Nears Settlement in Trump University Lawsuit
News
Some former students of the now-defunct school claim they were they were lured by false promises into paying up to $35,000 to learn Trump’s real estate investing “secrets” from his “hand-picked” instructors, according to Reuters.
Akerman Continues New York Office Growth
News
Akerman LLP, a top 100 U.S. law firm serving clients across the Americas, announced the continued expansion of its second largest office, with the addition of New York partners John Campo and Sanford Davis.
Claims Against Cloud Storage Service Hinge on Grant of Rights Clause
Insight
It’s important for copyright holders to understand the scope of any content distribution license involving cloud storage by users, particularly when broad language is used with respect to the rights of the licensee, writes Jeffrey Neuburger of Proskauer Rose LLP.
2016 Year in Review: Trade Secrets and Non-Compete Developments
Event, Nov. 30, 1 p.m. EST
Many businesses progressively fear that their trade secrets and valued business relationships are at risk of attack by competitors – and even by their own employees. Do you know what it takes to protect those critical assets in the ever-changing world of trade secret and non-compete law?
iControl ESI to Celebrate eDiscovery Day in Dallas Event
Event, Dec. 1
The iControl ESI Team will celebrate eDiscovery Day Thursday, Dec. 1, in downtown Dallas with three hours of CLE training.
Neal Gerber Eisenberg Expands IP Group, Adding Olivia Luk Bedi as Partner
News
Neal, Gerber & Eisenberg LLP expanded its intellectual property practice with the addition of partner Olivia Luk Bedi, formerly a shareholder with the boutique intellectual property firm Niro Law.
Buchalter Adds to New Japan Practice Group
News
Buchalter announced that it has added Masahisa (“Masa”) Mitsunaga to the firm’s Los Angeles office, where he is a member of the Corporate, Intellectual Property and Japan practice groups.
Lex Machina Expands Legal Analytics Platform to Cover Antitrust Litigation
News
The new module enables attorneys to make data-driven decisions about federal antitrust case strategies and tactics and gives lawyers a competitive advantage in antitrust litigation
Donald Trump Reportedly Eyeing Ted Cruz for Attorney General
News
Trump met Tuesday with the U.S. Senator from Texas. Cruz’s name has also mentioned as a possible nominee for the U.S. Supreme Court.
Mike Pence in Legal Fight to Keep Email Secret
News
Vice president-elect Mike Pence is the latest Washingtonian found at the cross-hairs of an email controversy that could provide a glimpse into how a Trump administration would respond to issues of government transparency, CBS News reports.