Business of Law

663 ABA Journal Business of Law articles.

Any piece of technology that stores information could be compromised—even obsolete devices

Affinity Health Plan failed to consider copy machines as a potential security risk, costing the company over $1.2 million in a civil penalty. The settlement also required the company to expend resources to retrieve the machines, conduct a risk assessment and implement a new security plan.

Next generation: Cryptocurrency and estate lawyers

A full immersion into cryptocurrency is a good first step for other estate-planning lawyers wishing to break into the space.

Cat-and-mouse game: Customers demand cybersecurity, law enforcement wants easier access to evidence

Modern technology has created a honeypot of data for cyberthieves and law enforcement. Police and prosecutors are adopting novel technology and raising new constitutional arguments in court, which brings up privacy concerns.

Alternatives to email give law clients secure communication options

Security professionals have long known about issues with PGP and S/MIME encryption. Secure online portals such as MyCase, Rocket Matter and Clio and end-to-end encrypted messaging apps provide client communication alternatives.

Law firms embrace blind recruiting to promote diversity—but does it work?

Could the resume become an anachronism? At some law firms, particularly in Canada and the United Kingdom, hiring partners have embraced blind recruiting, removing identification details from candidates’ resumes and applications to eliminate potential bias and promote diversity.

Law firms can learn from other industries’ missteps on cybersecurity awareness and prevention

The cybersecurity needs of a small law firm will be different than the needs of an international firm. However, all law firms must pay close attention to privacy laws.

Algorithms fall short in predicting litigation outcomes

Algorithms are built on structured data. If your data is of low quality, then it’s as the saying goes: “garbage in, garbage out.”

Are law firms that place great importance on ‘cultural fit’ merely perpetuating the status quo?

“Fit is a way for embedded histories and power relationships to make it more difficult for minorities, women and people who do not possess the cultural capital represented by golf, for example, to succeed in particular settings—including the corporate law firm,” one study finds.

Clients pushing their outside counsels to adopt stricter cybersecurity standards and protections

Companies are expending more manpower and money on keeping their data safe. The study found that two-thirds of respondents expected their legal department’s role in cybersecurity would increase over the following 12 months, compared with 55 percent in the 2015 survey.

BigLaw firms are working together to influence how blockchain technology will operate in the future

The cryptocurrency and blockchain technology industry is already crowded with firms eager to nab high-tech startups as clients or help legacy clients navigate a brave new world.

What is the FCC going to do about millions of bot comments during the net neutrality repeal debate?
Prepare for and plan against a cyberattack

Attorneys are subject to frequent cybercrime attacks, email accounts are breached, and we are solicited to move money for cybercriminals. Helpful frameworks for information security professionals can guide your incident response planning.

Going green: Law firms see business benefits of B Corp certification

Attorneys like Allen Bromberger are making sustainable efforts to draw clients who embrace a greener lifestyle. B Corp certification documents a firm’s actions in job creation, corporate responsibility, effect on the community and impact on stakeholders.

Do as I say: Good news for lawyers who hate transcribing by hand

There’s a growing list of automatic transcription tools on the market.

Are you covered? Cyber insurance market is highly unstable and lacks uniformity

As cyberthreats evolve and proliferate, more insurers are expanding options to help law firms mitigate loss. However, without industry standards, coverage and cost vary from plan to plan, sometimes causing gaps in potential coverage.

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