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Data Privacy Day Reflections – Compliance, Governance, Ethics (and AI)

Foley Hoag LLP

Far from being an academic concept, “data ethics” presents a model for data management with real practical implications for organizations. (I I should note that I am focused here on personal data.) It is a sensible, resource-sensitive model that helps ensure a diligent organization will not run afoul of current laws.

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Top Technology Trends for Transactional Lawyers

LawTechnologyToday

Applications used to manage voluminous and complex litigation document reviews can be used for reviewing contracts in transactional matters. These tools can turn contract clauses into data points, which can then be analyzed, filtered, compared, etc., Legal Process Improvement.

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Five Ways That Artificial Intelligence and Machine Learning Are Transforming Legal Practice

Cenza

The 2019 State of -Discovery Report produced by FTI Consulting and Exterro estimates that the amount of data managed by law firm and law department IT staff has increased five-fold in just the last 5 years. Quite simply, AI/ML technology is the best tool we have in our toolbox in order to stay afloat in the sea of data.

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Use Emerging Technology to Advance Strategic Imperatives

InHouseOps

From corporate counsel to law firms to contract attorneys, this term of art can carry several meanings. This is a new offering that can be ideal for lawyers handling the same type of matters repeatedly, like employment disputes or M&A due diligence. Data security is at the forefront of corporations’ concerns worldwide.

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How you can tighten the rein with CLM

Cenza

World Commerce and Contracting calculated that poor contract management practices cost businesses an average of 9% of revenues each year. Irrespective of business type or work style, organizations that need to unlock value and provide superior customer experience have one place to investigate ‘ contract management.

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Lease Management – the secret behind managing leases

Cenza

A few of the lease administration services are: Lease extraction: Collecting, standardizing, and summarizing unstructured data into an easy-to-read format that can be quickly analyzed. Lease Accounting: Simplify your data management process to ensure FASB compliance.