Millennium Date Change Readiness

The firm has undertaken extensive renovations of its various date-dependent systems, including those relying on embedded chips, and as of November 11, 1999 discloses its readiness for the millennium date change as follows:

• Non-Microsoft operating system for network and internet facilities, updated through late 1999.
• Use of mixed operating systems for workstations and peripherals, including printers and modems with built-in intelligence (peripherals other than de-brained "Win-only" ones).
• Redundant and partially redundant systems.
• Data backups in electronic and other media.
• Installation of compliant client software for access to legal and other information databases.
• Availability of a firm-wide license for non-Windows productivity suite for quick installation in the event of certain failures.
• Hardware and software backups of communications and internet access systems through late 1999 (and beyond = update 11N0).

Despite these and other precautions, certain risks remain, such as those resulting from the firm's reliance on independent suppliers of products from coffee to ink and from a potential limited availability of certain supplies necessary for the operation of the firm. In addition, communication and internet access systems are vulnerable to the potential lack of a millennium date change readiness of the firm's services providers.

Clemens Kochinke
Millennium Readiness Chair

DISCLAIMER
The material on this site was prepared to provide general information to our clients. For more information, or if you have any questions, please call us or email us. Under the regulations of some jurisdictions, the contents of this website may constitute advertising.