One of our responsibilities as outside counsel to community banks is to be aware of trends and risks faced by such banks as well as opportunities presented to them. When I was a young lawyer, updates from litigation called "Advance Sheets" were received on a weekly basis, if then. Those days are long gone, and with electronic news breaks coming out in real time, a significant amount of time is spent daily reviewing litigation notices, regulatory changes, and other events affecting the banking industry on the national front. Lately, there is much more litigation involving elder fraud, data breach litigation and insurance coverage, and wire fraud. Continue reading >