New Data Breach, Privacy Bills in Congress

Richard Adhikari
One year after trying unsuccessfully to introduce legislation on data breaches and protection of individual privacy, California Senator Dianne Feinstein (D-Calif.) is trying again.
This week, she introduced Bills S.139, the Notification of Risk to Personal Data Act and S.141, the Social Security Number Misuse Prevention Act.
Bill S.139 would require federal agencies or businesses to [...]

Kill the Billable Hour? A British Response

As much as the legal sector experiences a change in momentum, such a change seems to be occurring now.
Last week, The Am Law Daily picked up on a piece penned by Cravath, Swaine & Moore’s Evan Chesler in the latest issue of Forbes magazine, entitled “Time to Kill the Billable Hour.” Cravath’s presiding partner, in [...]

A Mark to Market Rule for Lawsuits?

The Financial Accounting Standards Board (FASB) has proposed a new standard for public disclosure of pending lawsuits. This raises interesting legal technology and management questions for general counsels.
Reporting Rights in the January 2009 issue of InsideCounsel reports on FASB Statements No. 5 and 141[R]. These now-delayed rules would lower
“the threshold for reporting the [...]