As we navigate the summer months, law firms are often presented with an opportunity to focus on the adoption of Customer Relationship Management (CRM) measures, a time when the workload might be a little lighter and employees have more downtime. This assumption, as expressed by experts like Chris Fritsch from CLIENTSFirst Consulting, emphasizes that the…
In a remarkable decision by a split vote of 3 to 2, the Securities and Exchange Commission (SEC) approved substantial changes to Rule 2a-7, in addition to other rules pertaining to money market funds under the Investment Company Act of 1940 on July 12, 2023. The SEC development centered on several elements, chief among them…
The Cayman Islands recently exhibited its agile approach towards corporate restructuring, intending to further protect creditor and debtor rights while contributing to efficient cross-border restructuring operations. In an update to the Companies Act on August 31, 2022, the Cayman Islands introduced a regime which allows corporations to choose the appointment of a restructuring officer. The…
On July 26, 2023, an open meeting held by the Securities and Exchange Commission (SEC) resulted in the adoption of final rules that aim to enhance and standardize cybersecurity disclosures by public companies. This development indicates a significant shift in regulatory focus towards improving transparency in the cybersecurity realm. According to a report by legal…
In the ongoing legal landscape, employers who choose to exclude coverage for gender affirming care in their health plans may find themselves facing significant risks. This is in light of recent court rulings and legislative movements. In recent years, there has been a surge of cases pertaining to the delivery of and payment for gender…
The advent of artificial intelligence (AI) is transforming various industries worldwide, and the sports sector is no exception to this technological revolution. Since the inception of the “Moneyball” theory, which heavily relied on technology to influence sports consumption and analysis by fans and experts, the sports industry has seen substantial developments in the use of…
In recent years, the governance of Cayman funds has become a topic of increased scrutiny, particularly in times of market turbulence. As various financial markets around the globe experience fluctuations, it’s essential for legal professionals to stay updated on how traditional governance principles may need to adapt to ensure effective oversight. Despite market disruption causing…
After conducting my research, I discovered an engrossing video podcast titled “Pawtastic Friends – The Paw Talk – Athena, Sable, Otis”. Hosted by Tom Fox, a Compliance Evangelist, the podcast introduces the audience to the commendable works of Pawtastic Friends co-founders, Michael and Melissa Novelli. For those unfamiliar, Pawtastic Friends is an organization dedicated to…
Securing a carbon-neutral future is an enormous venture, demanding drastic alterations across the global energy system. As an adaptable, robust energy carrier, hydrogen is projected to play an essential part. Yet realizing this potential is no simple task. It will critically lean on the capacity to visualize innovative low-carbon hydrogen projects, garner financing for them,…
In an era defined by rapid advances in technology, the legal landscape of corporations and law firms is shifting as digitisation permeates every facet of operation. The role of artificial intelligence (AI) in legal proceedings, in particular, is restructuring the traditional ways law firms work and how corporate legal teams navigate proceedings. One significant change…
In a podcast featured on the Market Leader’s platform, David Ackert sat down with Koree Khongphand-Buckman, the Chief Marketing and Business Development Officer at Foley & Lardner LLP. The primary focus of their conversation was the exploration of data-driven marketing and business development in the legal industry. You can listen to the entire episode and…
Law firms explore generative AI for e-discovery efficiency but remain cautious due to ethical concerns and limitations. Find out how a balanced approach can maximize potential benefits.