Law new is a broad and sometimes hard to define concept that all legal firms should be familiar with. It can mean providing services outside of traditional practice or finding new ways to benefit clients. It can also refer to a specific practice area that isn’t quite a full fledged legal department but has the potential to grow and become a valuable part of the firm.
This bill would amend City laws governing data breach notification to align with requirements in New York State’s SHIELD Act. Specifically, the bill would require City agencies that have suffered a data breach involving personal information to promptly notify affected individuals and other government agencies and departments. The bill also makes other minor changes to improve consistency between State and City law.
Historically, the word law has referred to the principles, regulations and statutes that govern a particular area of activity or business. For example, property law encompasses the principles of ownership and possession of real estate, such as land or a house, and personal property, such as cars and jewelry. It includes laws governing mortgages, rentals, leases, and the right to sell or inherit property, as well as laws concerning intellectual property, trusts, companies and commercial law.
The term new law has more recently been used to describe practices, startups and law firm subsidiaries augmenting traditional legal services. Although these companies may vary in structure, they all share a common goal of finding innovative ways to offer legal help. In addition, they often use the moniker new law to differentiate themselves from other alternative legal service providers (ALSPs) or “legal tech” companies.