October 27, 2021
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Corporate Spotlight
About 1 in 7 enterprises in the US do not have a plan to deal with cyberattacks, reports accounting/consulting company Deloitte, which interviewed 577 executives around the world. In addition, 86% of US respondents have noted an uptick in attacks.
Full Story: VentureBeat (10/26),  ZDNet (10/26) 
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"PE goes global with local strategies."
How is government intervention influencing private equity dealmaking? What type of deals currently attract private capital? What's the strategic outlook for dealmaking?
National News
The State Department is adding a bureau that will concentrate on digital policy, international cybersecurity and digital freedom, Secretary of State Antony Blinken said.
Full Story: The Hill (10/27) 
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Financial and Tax Update
Federal Deposit Insurance Corp. Chair Jelena McWilliams told a conference that the agency is working with other regulators on plans to provide a road map for banks to engage with cryptoassets. "Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner," said McWilliams.
Full Story: The Block (10/26),  Reuters (10/26),  BNN Bloomberg (Canada) (10/26) 
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How COP26 might change climate finance
The financial-services sector is poised to play a key role in how the world tackles climate change, and industry veteran Simon Puleston Jones explains how the UN Climate Change Conference of the Parties might influence the flow of capital aimed at the issue. Puleston Jones, co-founder and CEO of Climate Solutions, also details crucial steps policymakers can take at COP26 and outlines the educational journey taking place regarding environmental, social and governance factors and impact investing.
Full Story: Modern Money SmartPod (10/27) 
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With the term of Federal Reserve Chair Jerome Powell due to expire in February, President Joe Biden and his staff are working on several appointments to the Fed, including the one for chair. It isn't clear whether Biden favors reappointing Powell or naming someone else.
Full Story: BNN Bloomberg (Canada) (10/26),  Reuters (10/26) 
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PLI News
Continue to develop your legal expertise with Bridge-the-Gap II
On Nov. 1, PLI's Bridge-the-Gap II: Ethics and Skills for Newly Admitted New York Attorneys 2021 will fully satisfy your annual MCLE requirement for Ethics and Skills credit. Our faculty of seasoned practitioners will guide you through real-life situations you may encounter as a new attorney. Learn about emerging issues and challenges all lawyers face, including using social media and retraining your brain to become the best negotiator in the room. This program, offered in New York and via live webcast, will provide critical insights that every new attorney needs to know.
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Prepare for unique compliance challenges brought on by the global pandemic
More than three-quarters of the way into 2021, there have been more questions than answers on successful board governance, employee training, and corresponding internal monitoring and/or reporting procedures. Those working in the compliance and ethics space must continue to rally and move companies forward to promote healthy economic development while maintaining ethical corporate cultures. Launch PLI's on-demand Compliance & Ethics Essentials 2021 program to hear attorneys and compliance experts discuss current compliance tools and tips, and get the answers to your crucial compliance questions.
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Supreme Court and Federal Court Watch
Lawyer David Klein is asking the US Supreme Court to refrain from ruling in a case involving Guantanamo Bay detainee Abu Zubaydah until the Biden administration clarifies what testimony it will allow Zubaydah to provide regarding his treatment at an alleged CIA "black site" in Poland. Allowing such testimony could preclude a high court decision regarding when the government can guard information based on the claim that it is a state secret.
Full Story: The Associated Press (10/26) 
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5 defendants representing themselves in Capitol riot cases
(Drew Angerer/Getty Images)
At least five defendants in US Capitol riot cases have opted to represent themselves in court, a path that experts say could present difficulties for prosecutors and judges, who must ensure adherence to proper legal procedures and make sure defendants' rights against self-incrimination are maintained. "The system's not really built for people to represent themselves in felony-type cases," Loyola Law School professor Laurie Levenson says.
Full Story: National Public Radio (10/27) 
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Other Legal News
Courts continue to assess how to address public safety amid the coronavirus pandemic while ensuring the right to an open trial is preserved, with many courts now commonly using videoconferencing for at least some proceedings. Some in-person trials can require the use of as many as three courtrooms for the trial, juror deliberations and remote viewing by the public.
Full Story: The Associated Press (10/26) 
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Professional and Business Development
Leadership behavior influences and cultivates workplace behavior, especially when that behavior deviates from stated values, says S. Chris Edmonds in this blog post and video. "Do not dismiss or discount the powerful personal impact you have on your work culture and the employee experience daily," Edmonds says.
Full Story: SmartBrief/Leadership (10/26) 
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Leaders and employees alike should create a user manual that outlines their preferred working styles, followed by co-workers reading each other's documentation and asking follow-up questions. Whether the process is performed at onboarding or later, make sure to regularly update the document.
Full Story: NOBL Academy (10/24) 
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We struggle to climb, or we struggle to fall. The thing is to discover which way we're going.
Daphne du Maurier,
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