The following post was drafted as an assignment between Danielle Chirdon, Anita Western, and I.
Executive summary: In order to conduct a proper assessment of the risks and liabilities in a merger or acquisition deal, the due diligence process must also include an assessment of the target corporation’s cybersecurity. An acquiring company must
Introduction:
For the past few years, business outlets have published numerous stories about failed mergers of gigantic corporations due to failed due diligence studies. In fact, Hewlett-Packard’s deal with Autonomy was one of those highly reported stories of a large corporation losing billions due to an oversight in its due diligence review.[1] In 2011, Hewlett
On January 19th- 21st, Michigan State University (MSU) will be hosting its fourth annual student-run hackathon, SpartaHack IV. Spartahack is focused on bringing students across different disciplines together and giving them a platform to realize and harness their own fresh ideas. A hackathon is a perfect setting for discovery, where participants have the opportunity to
On Sunday, November 5th, LegalRnD had the honor of hosting Pamela Morgan, Founder, and CEO of Third Key Solutions. The theme of the morning workshop was educating future attorneys on what they need to know about Bitcoin, Blockchain, and Smart Contracts. “Bitcoin, blockchains, and smart contracts are coming to disrupt the legal practice. These technologies
Co-written by Danielle Chirdon
The 2017 Financial Legal Technology Conference at Chicago-Kent College of Law was a high intensity day packed with information from over twenty leaders in the crosshairs of technology in the legal and financial industry. In order to attempt to give a more accurate overview of the day’s events, [-] and
Corporate legal clients are using new technology to innovate and need trusted advisors who understand the technology and laws that govern them.
Lawyers must have a technological familiarity in order for them to be the trusted advisors their tech clients need #legaltech #finlegaltech
— jay evans (@EvansEvansju6) October 19, 2017
“The use of technology like
Alternative legal groups are using technology to bridge the gap for access to justice
“Access to Justice should be frictionless for those who need legal services. The fact that legal service has such a high price tags illustrates one of the many potential frictions that exist for those needing these services.There are approximately 4 billion
Law firms and consultants are using technology to invest in litigation selectively
How are toddlers similar to legal risk? If you turn your back, you'll get into trouble! – Jillian Bommarito @LexPredict #FinLegalTech
— Chicago-Kent Law (@ChicagoKentLaw) October 19, 2017
“Legal risk is similar to a toddler in that if you do not pay them
On October 17th, Carl W. Herstein, a Partner at Honigman Miller Schwartz and Cohn and its Chief Value Partner, led the firm’s periodic value initiative meeting at Michigan State University Law School. Mr. Herstein opened the meeting by discussing the changing environment of law firms and corporate legal departments. Mr. Herstein also discussed his firm-wide
Allergan CEO Brent Saunders and chief legal officer Bob Bailey explained in a recent interview, that they are being forced to have to protect their patents against what the company considers to be “double jeopardy” in patent disputes.
Should pharmaceutical companies be subjected to double jeopardy? The Fifth Amendment of the United States Constitution provides