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March 13, 2024 | New York Law Journal

Financial Services Industry Group Update: $30M Fine Issued to NY Bank for Misuse of Confidential Information: What Happened?

The New York Department of Financial Services imposed a $30 million penalty on the New York branch of a foreign bank. The fine had nothing to do with employment discrimination or wage-and-hour issues—but it was the outcome of an internal transfer of a single New York-based employee to an overseas affiliate, and is a lesson in how financial services clients are at risk of penalties going far beyond those that are normally imposed by employment law regulators.
6 minute read
March 13, 2024 | National Law Journal

Goodwin, Orrick, Steptoe, Willkie Add DC Partners Amid Uptick in Lateral Moves

Goodwin brought on Lori Gordon, who was co-chair of their post-grant practice at Perkins Coie. She was one of several Am Law 200 partners to join new firms in D.C.
4 minute read
March 12, 2024 | New Jersey Law Journal

Lawyer-Lobbyist Receipts Continue to Outpace Overall Expenditures on State Lobbying

"My impression, overall, is that the utilization of law firms to take on government affairs projects and clients is increasing, which is really positive," David Pascrell, chair of Gibbons' government and regulatory affairs group, said.
8 minute read
March 11, 2024 | New York Law Journal

Artificial Intelligence Is Monopolizing the Attention of Regulators and Lawmakers

The new era of AI technology has ushered in competition concerns alongside consumer-protection fears. Accordingly, regulators and lawmakers are taking note of the AI craze and are keen on ensuring that companies involved in AI are respecting both antitrust and consumer protection laws.
11 minute read
March 07, 2024 | The Legal Intelligencer

New SEC Cybersecurity Disclosure Requirements Focus on Materiality, Governance and Supply Chain Matters

In order for public companies to make disclosures mandated by the new rules, the SEC cybersecurity requirements must flow down in contracts to companies' suppliers and partners to ensure communication, transparency, and collaboration about cybersecurity risks in the supply chain.
9 minute read
Law Journal Press | Digital Book Federal Trade Commission: Law, Practice and Procedure Authors: Peter C. Ward View this Book

View more book results for the query "Federal Communications Commission"

March 07, 2024 | Texas Lawyer

Newsmakers: Sheppard Mullin Promotes Partner

Also: Real estate partners join Frost Brown Todd's Dallas office, K&L Gates adds Dallas partner, and more.
7 minute read
March 04, 2024 | The Recorder

Former Twitter Legal Chief, General Counsel and Other Executives Sue Elon Musk for Severance

"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
March 04, 2024 | Delaware Business Court Insider

Elon Musk Faces Suit Over Severance Pay From Former Twitter Legal Chief, General Counsel and Other Executives

"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
March 01, 2024 | Legaltech News

Sharing Screens, Not Secrets: Preventing Inadvertent Privilege Disclosures When Videoconferencing

Creating procedures and implementing a multi-level process to mitigate inadvertent disclosures via videoconferencing is critical.
6 minute read
March 01, 2024 | New York Law Journal

Data Privacy and Data Minimization in the US: Managing Data Risk in the Real World

As U.S. regulators begin to enforce the concept of data minimization for the protection of personal information, the age of unfettered data retention is coming to an end. Various states have enacted or will be enacting privacy laws that give consumers more control over the use of their data by businesses.
9 minute read

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