You know the deal: The cobbler's children go unshod. Here's a modern-day update of the parable you never knew would work so well in a business setting, courtesy of Mark Daniele of McCarter & English: There are attorneys who could handle the unpopular legal work involved with his or her own Continue Reading
Attorneys React to High Court’s Agency Rule-Making Decision
On Monday, the U.S. Supreme Court sided with the Labor Department, ruling that federal agencies don't have to go through formal rule-making to make significant changes to rules interpreting regulations. Here, attorneys tell Law360 why the decision in Perez v. Mortgage Bankers Association is Continue Reading
Bankruptcy Court Approves Offer to Buy Tengion
A U.S. Bankruptcy Court judge in Delaware approved a turnkey ownership offer on Friday from two former Tengion Inc. executives for the regenerative-medicine company’s assets. Tengion filed for volunteer Chapter 7 bankruptcy protection Dec. 29. Tengion listed $2.78 million in assets and $32.7 Continue Reading
For Companies, Cybersecurity Is a Cost-Benefit Analysis
As companies come to terms with cybersecurity risks, they're faced with questions of how to address them—and how much it's all going to cost. One potential expense is cyberinsurance, which covers calamities that general policies typically don't, said J. Wylie Donald, a Wilmington, Delaware-based Continue Reading
Ill. High Court’s Rescission Ruling a Warning for Firms
The Illinois Supreme Court's recent ruling that the “innocent insured” doctrine couldn't prevent an insurer from using rescission to terminate a law firm's malpractice policy strengthened the defense for insurers and showed that firms need to be on guard against material misrepresentations on Continue Reading
Data Breaches Bring Business to Cybersecurity Practices
The reality of cybersecurity threats has hit home in recent days with news of large companies experiencing data breaches of epic proportions. The victims have ranged from mass retailers such as Target and Home Depot to Sony Pictures to health insurer Anthem. Even the Twitter feed of U.S. Central Continue Reading
The Cost of Cybersecurity: Risks and Responses on the Rise
A 2013 settlement between a managed care company and the U.S. Department of Health and Human Services' Office for Civil Rights resulted in the company paying $1.7 million over allegations it didn't have proper protections in place to stop the improper disclosure of more than 600,000 individuals' Continue Reading
NJ High Court Throws Up Roadblock for Harassment Plaintiffs
A New Jersey Supreme Court decision that helps employers fight liability over a supervisor's sexual harassment is a game changer that should encourage companies to strengthen anti-harassment policies, but could also hurt employees who delay coming forward because of retaliation fears, legal Continue Reading
Cybersecurity Practices Booming in Era of the Breach
The cybersecurity woes of companies like Target and Sony in 2014 have meant a busy start to 2015 for law firm data-privacy and security practices. Law firms have been preparing for several years to assist clients with data security needs, with several touting practices in a space that blends Continue Reading
Client Cybersecurity Demands Drive Burgeoning Practices
William Hughes recalls being at a client's office at 3 a.m.—in the midst of responding to an ongoing cyberattack—when they discovered that the hackers learned of law enforcement's involvement by infiltrating an employee device. Those issues commonly require a lawyer's involvement, and firms that Continue Reading