General Counsel Too Busy with Coronavirus Damage Control to Focus on Cybersecurity
General Counsel Too Busy with Coronavirus Damage Control to Focus on Cybersecurity
David Newman and Janie Schulman spoke to Corporate Counsel for its coverage of Morrison & Foerster’s COVID-19 Business Impact Survey, which found that privacy and data security are not among top priorities for general counsels in the midst of the coronavirus outbreak.
“That wasn’t a surprise because there’s so much going on that’s front of mind,” David said. “But it’s definitely something that we try to highlight for clients as a risk.”
More than 85% of the participating GCs listed labor law issues as their top legal risk, followed by contract-related issues and supply chain disruptions.
“Although it feels like we are in uncharted territory with regard to employees, the good news is there are some well-established legal principles in employment law that offer guidance on how to approach this issue,” Janie said.
“Among others, one very important guiding principle for employers to consider in this unprecedented situation is the need to be flexible,” she added. “Employees have long memories and they will remember how you treated them on this occasion and it will likely have an impact on their loyalty and their morale.”
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