Commercial
New Research Reveals: Phishers Launch a New Attack Every 30 Seconds
Insight
The total cost to global organizations from phishing is $9.1 billion, according to a report by RSA.
It Can Be Challenging to Enforce an Arbitration Provision in an Expired Contract
Insight
The case highlights the reality that provisions that are contained in written agreements will not necessarily survive expiration of the agreement simply because the relationship between the parties continues, reports Erin Palmer Polly for Butler Snow.
China Stole Data From Major U.S. Law Firms
News
The practice areas of victims include mergers and acquisitions and intellectual property, suggesting the goal of the email theft may indeed have been economic in nature, reports Fortune.
Relax Lawyers, Nick Szabo Says Smart Contracts Won’t Kill Jobs
Insight
While traditional law falls into “jurisdictional silos” defined by state borders and other lines of demarcation, blockchain-powered contract law has the potential to exist across borders, says Nick Szabo, the man widely credited with inventing the smart contract concept.
Pitfalls of Present-Day Contracts: Hyperlinked Contract Terms
Insight
Cloud-based services and data services are creating new contract challenges for service providers— and their customers, write Glynna Christian and Molly Bright for Kaye Scholer.
New e-Posting Regulations, Featuring Locke Lord LLP – Webcast
Event, Dec. 13, 2 p.m. EST
Intended to improve the process of buying insurance for consumers, there have been recent updates to laws that allow insurance companies to post policies, forms, and endorsements on a website rather than printing these documents on paper.
Former U.S. Attorney Debra Wong Yang Being Considered to Lead SEC
News
Debra Wong Yang, who was the top federal prosecutor in the central district of California from 2002 to 2006, met with President-Elect Donald Trump on Monday, reports The Wall Street Journal
Wells Fargo Killing Sham Account Suits by Using Arbitration
News
Customers argue that they couldn’t have agreed to arbitration, considering they didn’t sign up for the accounts in the first place. The bank counters that the agreements in the customers’ original contracts also cover the disputed accounts.
Patent Trolls v. Transportation Companies – Contract Tips to Help Avoid Paying the Toll
Insight
Transportation companies have become prime targets for patent infringement lawsuits in recent years, write Jonathan Todd and Justin P. Clark for Benesch, Friedlander, Coplan & Aronoff.
A Settlement Agreement That’s Too Vague Doesn’t Settle Much At All
Insight
Stacey Lantagne, writing in her ContractsProf Blog, uses a recent Florida case to illustrate the importance of specificity when drafting contracts.
Smart Contracts Pose Enforceability Issues
Insight
Business Insider summarizes the major findings of a new white paper by blockchain consortium R3 and global law firm Norton Rose Fulbright.
Johnson & Johnson Hit With Over $1 Billion Verdict on Hip Implants
News
The New Jersey pharmaceutical and medical device maker and its DePuy Orthopaedics subsidiary must pay damages to six California plaintiffs who say they suffered serious chronic and painful medical problems caused by the device, reports The Dallas Morning News.
Webinar: E-Signature 101 Crash Course
Event, Dec. 8, 2 p.m. EST
Organizations of all sizes that are using esignatures have transformed the way they serve both internal staff and their customers and partners offering a more convenient and efficient digital experience, reports eSignLive.
eBook: A Guide to the Enterprise Legal Management Paradigm Shift
Insight
Onit has published an eBook that discusses how ELM solutions are positively impacting corporate legal departments like Archer Daniels Midland (ADM), The Home Depot and Under Armour.
China Contracts: Dispute Resolution Clauses
Insight
Dan Harris explains why a provision calling for Chinese contract dispute resolution in U.S. courts can sometimes be a hindrance, compared to a clause requiring dispute resolution to take place in Chinese courts.
Incorporation by Reference of an Arbitration Clause Is a Simple Matter … Isn’t It?
Insight
Drafting an arbitration clause for an agreement may seem like a straightforward matter most of the time, writes Gilbert A. Samberg for Mintz, Levin.
Using Standard Form Contracts May Hurt Your Business
Insight
Not only do these vague business contracts fail to address important issues that may arise between the two parties, they may also lead to confusion over what terms will actually govern the agreement, writes Corey F. Schechter of Butterfield Schechter LLP.
Meet the Top Lawyer of the World Series Champs
News
As the top lawyer for the Chicago Cubs, Lydia Wahlke spends most of her time protecting and enforcing the team’s brand, but she still gets to be a fan of the new World Series champions, according to an interview published in Bloomberg’s Big Law Business.
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.
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.
