Presage Global CEO Co-Authors The American Lawyer Piece on Insider Threats at Law Firms
- Jun 23
- 1 min read
Three former Big Law associates have been indicted in connection with an alleged insider trading scheme that prosecutors say spanned nearly a decade, involved dozens of transactions, and distributed confidential information from some of the nation's most respected law firms to a network of traders.
The allegations are noteworthy because the firms involved had many of the security controls one would expect: document management systems, ethics walls, monitoring protocols, and conflict-checking procedures. Yet, according to the filings, sensitive information was still accessed by individuals who were not assigned to the matters.
For law firm leaders, the case raises difficult but necessary questions, including things like:
• Who is responsible for insider threat management across the firm?
• How often are high-trust employees reassessed as their responsibilities expand?
• Is the firm prepared to respond if it suddenly finds itself at the center of a federal investigation or regulatory inquiry?
In this article for Law.com, Edward Marshall, Founder & CEO of Presage Global and Jason Milch, partner at Baretz+Brunelle examine the governance, access control, insider threat, and crisis management considerations that firm leadership need to be evaluating now.
The case serves as a reminder that trust remains essential to professional services, but trust alone is rarely sufficient as a risk management strategy.
We invite readers to read the full article in The American Lawyer:
