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Lot of sneaky buggers out in cyberland

Legal Research is Easy

They were in the middle of a deposition and attorney was relaying attorney/client privilege stuff to his client. Hackers accessed the attorney’s email and modified wire transfer instructions for a real estate closing, diverting client funds (about $150,000) resulting in a malpractice claim filed which was resolved with cyber insurance payout.

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Deposition Misconduct: Rules, Risks, and Remedies

WA Bar News

In this column, we’ll address a narrower, but more common, subset of deposition misconduct that the ABA opinion touches on: improper “coaching” during depositions and improper objections intended to impede the questioner. 10 Second, we’ll focus on depositions rather than hearings or trials. Washington RPC 4.4(a)

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FDIC Looks to Direct Monitoring of Fintech Companies After Synapse Collapse

Insurance Journal

The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according to people familiar with the regulator’s supervisory operations. The fintech monitoring system will help FDIC examiners anticipate potential vulnerabilities before …

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The Complex World of Cyber Insurance

Complex Discovery

Editor’s Note: The increasing complexity and frequency of cyber threats make cyber insurance an indispensable tool for businesses of all sizes. million, cyber insurance offers vital financial protection. Cyber insurance serves as a financial safety net, mitigating the liabilities and losses resulting from data breaches.

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Coinbase Battles SEC Over Access to Gary Gensler’s Private Communications

Complex Discovery

The company contends that Gensler’s communications, both in his current role and previous positions at the Commodity Futures Trading Commission (CFTC) and Massachusetts Institute of Technology (MIT), are crucial to their defense. Coinbase believes these communications will demonstrate a lack of clear regulatory guidance from the SEC.

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Financial Planning for Lawyers and Law Firms: Secure Your Legal Practice

Destination Articles Blog

High Operating Costs Running a practice comes with recurring costs: salaries, rent, malpractice insurance, software, and marketing. Include fixed costs like salaries, office rent, and insurance. Add variable costs such as marketing expenses, technology, and court-related fees.

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Understanding Law Firm Expenses: Hard Costs vs Soft Costs

MyCase

These costs are associated with tangible expenses necessary for legal service delivery, such as: Court filing fees Expert witness fees Deposition fees Laboratory fees Hard costs are typically viewed as necessary expenses by clients and are, therefore, more readily reimbursed.