“ALL NETWORK RESOURCES DOWN”: #BigLaw Layoffs Continue as A DIFFERENT Troutman Law Firm Suffers a Major Email Security Event

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Gees #biglaw is a mess right now.

Tons of stories out there about how #layoffs are ongoing. Profits are down. Clients are leaping for the exits.

No surprise when you have lawyers paying themselves over $20MM a year off their clients backs. What a joke.

Lots more blood in the streets to come. Not looking forward to it. Pretty unfortunate really. Especially for the not-so-bright folks that stay loyal to the machine and find themselves punished for it sooner or later.

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But layoffs and client defections are just part of #biglaw’s troubles right now.

What’s with all the cyber attacks?

#biglaw just can’t seem to keep its client’s data safe right now.

Take that OTHER Troutman Firm–not the real Troutman Firm–Troutman Pepper (“TP”), who simply refuses to change their name despite all the confusion it causes.

In any evet, apparently TP’s email server was hacked or taken over over spammed to death or..something. Not really sure what happened. But per Above the Law lawyers came to work yesterday and saw this:

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“All Network Resources Down.”

Good god. Those are the scariest words in the world. If this is YOUR law firm you’ve really got to be asking yourself…. why?

It gets worse. TP literally told its lawyers to use AOl and gmail or whatever:

Troutman2

What in the entire actual world?

Above the Law called it a “cybersecurity incident.” Sounds like a hell of a bad time.

My favorite part of this story is a partner at Troutman Pepper literally gave an interview to law360 like the day before this apparent breach occurred talking about–you guessed it–email security at big law firms. Read all about it.

You cannot make this stuff up. The universe has a lovely sense of humor. So few of us pause to appreciate it. Pity.

To be absolutely clear–this meltdown happened at TP– NOT at the ultra powerful (safe and secure) Troutman Firm. Our firm has NOT had a “cybersecurity incident”… or whatever.

And there’s a reason you rarely see this happen at the elite shops– we’re smaller and smarter. Less paths to infiltration. Lower profile. Safer and stealthier in all the right ways.

#biglaw is just getting picked apart by these things though. And sure, some big firms do better than others I guess. But you can hardly go a day without reading about something like this. So you have to wonder–if you’re using a big firm is it a question of when rather than if?

 

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Published by Eric J. Troutman

The Czar of TCPAWorld Eric Troutman is one of the country’s prominent class action defense lawyers and is nationally recognized in Telephone Consumer Protection Act (TCPA) litigation and compliance. He has served as lead defense counsel in more than 70 national TCPA class actions and has litigated nearly a thousand individual TCPA cases in his role as national strategic litigation counsel for major banks and finance companies. He also helps industry participants build TCPA-compliant processes, policies, and systems. Eric has built a national litigation practice based upon deep experience, rigorous analysis and extraordinary responsiveness. Eric and his team feel equally at home litigating multibillion dollar telecommunications class actions in federal court as they do developing and executing national litigation strategies for institutions facing an onslaught of individual TCPA matters. They thrive in each of these roles – delivering consistently excellent results – while never losing sight of the client experience. While many firms now tout TCPA expertise, Eric has been there from the beginning. He built one of the country’s first TCPA-only defense teams and began serving as national TCPA counsel for his clients nearly a decade ago. This perspective allows him to swiftly develop the right litigation strategies for dealing with recurring problems, without wasting time on tactics that are bound to fail. Eric’s rich historical perspective and encyclopedic knowledge of the TCPA landscape also make him an invaluable resource to institutional compliance teams struggling to comply with the shifting regulatory landscape. No task is too small – or too big. Indeed, Eric and his team have helped build TCPA-compliant systems and processes for some of the largest and most complex corporate entities in the country. He commonly works with in-house compliance counsel to build and implement enterprise and business-line specific TCPA solutions, performs TCPA audits and drafts and reviews proposed TCPA policies and procedures. He and his team also have the technical expertise necessary to assist call centers seeking to develop TCPA-resistant call path architecture or to modify existing telephony and software integration to better insulate from potential TCPA exposure. Eric has built a reputation for thought leadership. An avid blogger and speaker, he has been at the forefront of the industry’s effort to push for clarity and a return to sanity for the TCPA for years. He was selected to advocate for the financial services industry on important TCPA issues before the Federal Communications Commission and co-authored the nation’s only comprehensive practice guide on TCPA defense. In his spare time, Eric leads defense teams representing banks and other financial services companies in consumer finance litigation matters. He has experience representing clients in UCC, TILA, RESPA FCRA, CCRA, CLRA, FDCPA, RFDCPA and FCCPA claims, as well as in fraud and bank operations issues.

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