Moving the Needle on Legal Risk Reduction
If we define legal risk to be the risk of financial or reputational loss, implementing proven methodologies to measurably accelerate our timeline to achieve substantive legal intelligence enables us with invaluable strategic opportunities to settle, prosecute or fight to a calculated win. This result reduces or even eliminates legal risk in some cases. Who wouldn't want this enhanced ability?
April 25, 2023 at 11:13 AM
8 minute read
Risk and Compliance
In the world of legal risk management, few things are more important than to answer the question of: "do we have a case or not" at the earliest possible moment in time. Knowing this is like knowing the outcome of the Superbowl, the World Series, the NBA Finals and the Stanley Cup before the end of the games.
Think of all the time, money and resources (and ultimately reputational value) we could quantify, save and/or monetize if we knew which matters had legs and which ones did not, sooner. Being armed with this information then informs us of the prospective impact of each scenario, or put another way, our risk.
If we define legal risk to be the risk of financial or reputational loss, implementing proven methodologies to measurably accelerate our timeline to achieve substantive legal intelligence enables us with invaluable strategic opportunities to settle, prosecute or fight to a calculated win. This result reduces or even eliminates legal risk in some cases. Who wouldn't want this enhanced ability?
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Who Got The Work
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Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
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David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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