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March 03, 2016 | Corporate Counsel

There's a New Cybersecurity Cop in Town

By taking its first-ever legal action against a company over data security, the CFPB joins a growing number of government agencies holding regulated entities accountable in this area.
3 minute read
March 03, 2016 | National Law Journal

CFPB Takes First Step Into Cybersecurity Regulation

Dwolla Inc., a Des Moines-based digital payment startup, agreed to pay a $100,000 penalty and improve its data security practices as part of a consent order that the Consumer Financial Protection Bureau issued Wednesday. The action marks the agency's first foray into regulating cybersecurity.
4 minute read
March 02, 2016 | The Legal Intelligencer

K&L Gates Sees Revenue Fall 7 Percent, PPP Rise 5.3 Percent

K&L Gates saw gross revenue dip 7 percent in 2015, a year in which the firm's head count dropped a net of 100 lawyers, or 5 percent.
5 minute read
March 02, 2016 | Law.com

To Defense Bar's Dismay, SCOTUS Rejects Review of Class Action

The U.S. Supreme Court has denied a petition to review a closely watched consumer case, raising speculation among the defense bar that Justice Antonin Scalia's absence could make it harder to get key class action issues decided.
3 minute read
February 29, 2016 | The American Lawyer

Hogan Lovells on a Hiring Spree, Plus More Lateral Moves

Hogan Lovells goes global for new recruits; a rough week for K&L Gates; Crowell & Moring brings back a top prosecutor; Debevoise bags a federal judge; DLA Piper plucks a longtime ESPN lawyer; and other notable additions from around The Am Law 200.
16 minute read
February 29, 2016 | Legaltech News

E-discovery, Cybercrime, Spur Digital Forensic Market Growth to $4.8 Billion in 2020

Increasingly used by the legal industry and the federal government, digital forensic is set to face challenges adapting to newer cloud-based platforms.
4 minute read
February 29, 2016 | National Law Journal

Movers

Laterals and new arrivals in this week's column.
4 minute read
February 29, 2016 | Law.com

Narrowing Charges in Dewey Case Hinders DA's Leverage

With the most serious charges now dismissed against the remaining Dewey & LeBoeuf defendants, the Manhattan District Attorney's Office has lost critical leverage in a case with only three remaining criminal counts.
6 minute read
February 27, 2016 | The Legal Intelligencer

Pepper Hamilton Grows Revenue 1 Percent, PPP 8.5 Percent

In a year when it experienced lower demand, Pepper Hamilton was able to grow gross revenue 1 percent thanks in large part to an especially strong corporate practice and contingent fees from its intellectual property practice.
6 minute read
February 25, 2016 | Delaware Business Court Insider

Bouchard Opinion Highlights Fraud Issues in Merger Case

The Delaware Court of Chancery last week ruled that claims for common-law fraud based on extracontractual statements and omissions may only be barred if certain provisions in an agreement reflect a clear promise from a buyer that it did not rely on representations outside the four corners of the parties' merger agreement.
4 minute read

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