Canadian Lawyer

January 2018

The most widely read magazine for Canadian lawyers

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w w w . C A N A D I A N L a w y e r m a g . c o m J A N U A R Y 2 0 1 8 5 F E AT U R E S L E G A L R E P O RT S Contents C Y B E R S E C U R I T Y L AW 49 Data breaches know no bounds The pervasiveness of cross-border business and loom- ing regulations mean all organizations need a cyberse- curity plan By Mallory Hendry C O R P O R AT E L AW 52 Shareholder activism Despite a recent drop in public proxy battles, corpo- rate lawyers say boards should think like an activist to avoid a fight By Elizabeth Raymer 7 R E G I O N A L W R A P - U P A look at what's happening from coast to coast 20 R E A L E S TAT E Managing contamination in a sale By Marg. Bruineman 22 C R O S S E X A M I N E D Robert Amsterdam on skirting danger abroad By Kimberley Molina SA_CL_Jan_18.indd 1 2017-12-08 11:38 AM D E PA RT M E N T S 15 B A N K I N G O N C O R P O R AT E Director independence depends By Neill May 16 T R O U B L E D W O R L D Ukraine's benighted bar By Philip Slayton 18 L E G A L I N N O VAT I O N N O W Disrupting from within By Kate Simpson 54 B A C K PA G E Changing the class action notice game By Jim Middlemiss 31 D O N ' T H AV E A F I N A N C I A L P L A N ? Y O U ' R E N O T A L O N E Sponsored By CBIA/Lawyers Financial 49 52 January 2018 • Volume 42, Issue 1 O P I N I O N S S P O N S O R E D C O N T E N T 24 Opening our offices The legal profession may be finally accepting the reality — and philosophy — of the open-concept office By Jonathan Kay 32 Top boutiques The top Labour & Employment and Intellectual Property boutiques from across Canada By Mallory Hendry Continuing a tradition of excellence L e s P r i x K e n n e t h R . W ils on 2 0 14 Finaliste 2 0 1 4 K e n n e t h R . W ils on A w a r d s Finalist L e s P r i x K e n n e t h R . W ils on 20 14 Médaille d'argent L e s P r i x K e n n e t h R . W ils on 2 0 14 Magazine de l'année L e s P r i x K e n n e t h R . W ils on 2 0 14 Médaille d'or 2 01 4 K e n n e t h R . W ils on A w a r d s Silver Winner 2 01 4 K e n n e t h R . W ils on A w a r d s Gold Winner 2 0 1 4 K e n n e t h R . W ils on A w a r d s Magazine of the Year L e s P r i x K e n n e t h R . W ils on 2 01 4 Site Web de l'année 20 1 4 K e n n e t h R . W ils on A w a r d s Website of the Year L e s P r i x K e n n e t h R . W ils on 2 01 4 Magazine de l'année Finaliste 20 1 4 K e n n e t h R . W ils on A w a r d s Magazine of the Year Finalist L ' é lit e du s ec t e u r ca n a d i e n d e s pu li ca ti on s p r o f e ssi onn e ll e s B e st i n C a n a d i a n B u si n e ss P u b lis h i n g B e st i n C a n a d i a n B u si n e ss P u b lis h i n g L ' é lit e du s ec t e u r ca n a d i e n d e s pu li ca ti on s p r o f e ssi onn e ll e s L ' é lite du s ecte u r ca n a d i e n d e s pu li ca ti on s p r o f e ss i onn e ll e s L ' é lit e du s ec t e u r ca n a d i e n d e s pu li ca ti on s p r o f e ssi onn e ll e s B e st i n C a n a d i a n B u si n ess P u b li s h i n g L ' é lit e du s ecte u r ca n a d i e n d e s pu li ca ti on s p r o f e ss i o nn e ll e s B e st i n C a n a d i a n B u si n e ss P u b lis h i n g B e st i n C a n a d i a n B u si n ess P u b lis h i n g L ' é lit e du s ec t e u r ca n a d i e n d e s pu li ca ti on s p r o f e ssi o nn e ll es B e st i n C a n a d i a n B u si n e ss P u b lis h i ng 24 MICHELLE THOMPSON

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