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WHAT WE'RE WATCHING

CYBERSECURITY WOES – The legal industry has poured major resources into cybersecurity, leading to huge leaps in progress in the last decade, but many large and small law firms alike are lagging when it comes to preventing and reacting to data breaches. In the third installment of Law.com's series on law firm data breaches, Christine Simmons and Xuimei Dong report on how, as hackers get smarter, the legal industry risks falling behind other industries in keeping data safe.

HEARTBURN – Lawyers are predicting massive numbers of lawsuits over Zantac, which drug maker Sanofi recently recalled after the FDA discovered the heartburn medication contained an ingredient that could cause cancer. Amanda Bronstad reports that so far, about a dozen lawsuits, both consumer class actions and individual personal cases, allege that Sanofi and other drug companies knew but failed to disclose that active ingredient ranitidine metabolizes into unsafe levels of a possible carcinogen.

LESSONS – Attorneys who have worked on past impeachment proceedings against Richard Nixon and Bill Clinton essentially had to come up with procedures and legal arguments from scratch. To find out how they navigated the ordeals and to illuminate how the current impeachment process could unfold, reporter Jacqueline Thomsen interviewed Sedgwick lawyer David Dorsen, who joined the Senate select committee on Watergate in 1973; Foley & Lardner's Michael Conway, on the House Judiciary Committee during the Nixon impeachment; and Paul Rosenzweig, who held a spot on independent counsel Kenneth Starr's investigation on Bill Clinton.

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EDITOR'S PICKS

Boots to Suits: The Path from JAG Corps to Big Law and Beyond

'Fat, You May Step Down. Next Witness: Sugar.'

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WHILE YOU WERE SLEEPING

CLASS ACTION – Shareholders have won the first class-action lawsuit to go all the way to judgment in Australia. But, as Christopher Niesche reports, they are unlikely to recover any damages because the inflated profit-forecasts made by retailer Myer's chief executive did not move markets. A federal judge in Australia found the retailer engaged in misleading or deceptive conduct following a 2014 profit forecast but was not convinced that investors suffered a loss.

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WHAT YOU SAID

"It will be open season on Cleary partners."

—  Alisa Levin, legal recruiter at Greene Levin Snyder and a former associate at Cleary Gottlieb Steen & Hamilton, commenting on the move of a four-partner M&A team led by Ethan Klingsberg from Cleary to Freshfields' New York office and the possibility of more Cleary departures.

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