Law firms big and small sit on vast troves of highly sensitive client information coveted by hackers, and while progress has been made in defending that information, experts say the entire legal industry needs to remain vigilant in fighting off potential breaches of their security.
Orrick Herrington & Sutcliffe LLP has hired an ex-Squire Patton Boggs LLP partner with a focus on technology who advises private and public entities in raising capital, mergers, acquisitions and reorganizations to bolster its San Francisco and Silicon Valley offerings, the firm has announced.
Software firm ATopTech Inc. on Friday countered arguments made by the U.S. trustee and Synopsys Inc. in objections over the company’s bid procedures and employee bonus plan, saying the requests are fair and reasonable and serve to get the best value out of its assets.
Computer maker Acer America Corp. urged a California judge Friday to grant it a win in Intellisoft Ltd.'s $694 million trade secrets and patent infringement suit alleging Acer stole its system restore software, saying Intellisoft waited too long to file suit.
Federal Communications Commission Chairman Ajit Pai has told Sen. Al Franken, D-Minn., that they both share the goal of ensuring that the internet is open and free, following a request from Franken that Pai enforce and not look to toss current net neutrality rules, according to a letter made public Friday.
A California federal judge on Thursday struck five of Hewlett Packard’s defenses in a suit brought by Oracle claiming HP was part of a conspiracy to distribute its copyrighted software code through support companies, while allowing fair use and other defenses to move forward.
In this week’s Taxation With Representation, Japanese telecommunications giant SoftBank Group acquires a private equity firm for $3.3 billion in cash, Hologic buys medical aesthetics company Cynosure for $1.65 billion, and a Texas oil and gas company purchases new assets in North Louisiana for $465 million.
The Federal Circuit refused to heed a patent-licensing firm’s arguments that two data management patents were wrongly deemed invalid as abstract, handing a win on Friday to Apple, Facebook and other technology giants.
Urging the U.S. Supreme Court to reject a closely watched case on the Digital Millennium Copyright Act, video website Vimeo told the high court Thursday “it would make no sense” for federal law to treat The Beatles any differently than Adele.
A Texas lawyer once referred to by Wired Magazine as the "world's most innovative patent troll" appeared on the verge Friday of defaulting out of a U.S. Securities and Exchange Commission suit alleging he and another lawyer schemed to pilfer $6 million from small businesses' escrow accounts.
Members of the House Committee on Oversight and Government Reform have demanded information from the Department of Defense and a military contractor on a program to undermine ISIS internet propaganda amid media reports the program is plagued by incompetence, cronyism and falsified performance reviews.
Summa Equity, a recently formed private equity firm that is based in Northern Europe and focuses on environmental, social and governance issues when making investments, said on Friday that it has clinched its debut fund with 4.5 billion Swedish krona ($504.7 million) in tow.
CQG asked the full Federal Circuit on Friday to review a panel finding that electronic trading patents the software maker was ordered to pay $16 million in infringement damages for are valid under Alice, saying the panel rewrote the law on patent eligibility.
Technology-focused European private equity shop HgCapital on Thursday announced that it has closed two funds worth a combined £3.1 billion ($3.85 billion), with assistance from legal counsel Proskauer Rose LLP.
A Yahoo Inc. shareholder on Thursday accused the technology giant’s top executives and directors of releasing misleading reports that Yahoo was unaware of any security breaches when brokering its potential $4.8 billion acquisition by Verizon, despite knowledge of massive cyberattacks that breached billions of consumer accounts.
Soundtrack Your Brand, a Spotify-backed background music streaming service, said Friday that it has raised $22 million in its latest funding round, led by Nordic venture capital fund Industrifonden, as it looks to ramp up international expansion plans.
Video game maker Electronic Arts Inc. asked a California federal court Wednesday for a partial judgment in a putative class action from a group of retired NFL players alleging the “Madden NFL” games use their likeness without permission, arguing that the visual depictions of former players are generic.
A Florida-based telecommunications company lost its bid for a partial refund of sales taxes in Missouri when the Supreme Court of Missouri ruled that the company had failed to prove that its retail sales in the state were exempt from sales tax.
The owner of an LCD technology patent invalidated by the Patent Trial and Appeal Board asked the full Federal Circuit Wednesday to rule that patents are private property rights that cannot be revoked by an executive body like the PTAB, in the latest constitutional attack on the America Invents Act.
A former executive with furniture manufacturer Brown Jordan International Inc. asked the Eleventh Circuit on Wednesday to review its ruling that sided with the company and its decision to terminate him after he accessed co-workers’ emails and reported potential wrongdoing.
This is not the first time that a president has criticized the judiciary. But what is unique about President Donald Trump's attacks is that they target not just a specific decision, but the judiciary and its decision-making power altogether. Every lawyer, regardless of political persuasion, must speak up, says Alexandra Wald of Cohen & Gresser LLP.
There is no question that solo practitioners and small law firms need to spend the majority of time on legal work, but in order to achieve sustainable growth, marketing should not be a secondary task “put-off” until you have some free time, says Matthew Horn, founder of Legal Services Link LLC.
Last month marked 10 years since the U.S. Supreme Court's decision in MedImmune. Although the focus of the case fell on licensing, a key takeaway came from a footnote that has impacted how the Federal Circuit determines whether Article III courts have jurisdiction in certain declaratory judgment actions, say Michael McGraw and David Varghese of Fitzpatrick Cella Harper & Scinto.
There were many high-profile news stories in 2016 about individuals fighting extradition to or from the United States. Given the complexity and sensitivity of the issues involved, extradition is time-consuming, often taking years. The process by which the U.S. evaluates hundreds of extradition requests each year may be unfamiliar to many practitioners, say attorneys with Arnold & Porter Kaye Scholer LLP.
Parties typically spend significant sums of money negotiating and preparing detailed outsourcing contracts, but that is where the legal focus often ends. As a result, carefully negotiated and documented rights may not be enforced. Robert Kriss and Brad Peterson of Mayer Brown LLP suggest seven governance practices to keep outsourcing relationships on track.
For all the lessons learned since 2008, it's surprising that margin management remains so tactical, rather than an ongoing strategic endeavor, for law firms. The firms that will survive and thrive must invest in ongoing margin-improvement capability, which will combine enhanced business- and change-management skills and take a long-term view to drive out the more difficult changes, says Jack Diggle of Elevate Services Inc.
The most recent installment of the U.S. Department of Energy’s Quadrennial Energy Review focuses on the electric grid as the “underlying framework that supports the American economy and society.” While a product of the Obama administration’s promotion of clean energy and advanced technologies, it arguably aligns with the Trump administration’s priorities for infrastructure investment as well, say attorneys from Husch Blackwell LLP.
Over the next few weeks, a slow trickle of news about one measure of law firm success — law firm financial results — will gradually become a flood as more firms open up about their performance in 2016. Law firm leaders would be wise to focus on nine factors that determine success, says law firm management consultant William Johnston.
In light of two recent matters that highlight the Federal Trade Commission’s enforcement and protection against the wrongful collection of consumer data, Cinthia Granados Motley and Ashley Jackson of Sedgwick LLP offer advice for avoiding such claims and their associated risks.
Unlike other forms of commerce and unlike in other nations, litigation investment and funding in the U.S. is largely unregulated with few disclosure requirements. Where darkness exists, ignorance and mistrust breed. Disclosure and transparency in litigation investment and funding is the first and proper step to better understand this opaque dynamic in the U.S. civil justice system, says Tripp Haston of Bradley Arant Boult Cummings LLP.