Debevoise Data Blog

JANUARY 9, 2023

For example, AI voice analytics can detect whether a customer is very upset, and therefore should be promptly connected with an experienced customer service representative, or whether the person on the phone is not really the person they purport to be. Some uses of AI voice analytics may not be covered by existing privacy notices.

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Rocket Matter

DECEMBER 21, 2022

If your resolutions include the words “efficiency” or “profits,” grab a pen, pull up a seat, and get ready to make 2023 your year! . Creative leadership and an openness to change are essential to your firm’s success in 2023. 2022’s takeaways . Like any year, 2022 threw a unique set of challenges at the legal industry.

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Law Technology Today

MARCH 1, 2023

Docgility AI-powered Contract Acceleration Platform – 80% faster contract execution with improved compliance – supports review, redlining, collaboration, and negotiation of contracts (including third party/counter party contracts). It’s the data hub, analytics, and productivity platform for the law firms of the future.

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Rocket Matter

DECEMBER 17, 2024

million active attorneys in the United States as of 2023. For example, the Rocket Matter legal customer relationship management (CRM) platform offers robust analytics tools that help you track client interactions and performance metrics. Staying Ahead: Why Innovation Is Crucial for Law Firms There were over 1.33

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Technology Law Dispatch

FEBRUARY 27, 2023

We have seen major new developments at both the EU and the UK level, in terms of new legislation taking effect, changes to the data transfer regime, analytics cookies coming under regulatory spotlight from various EU data protection authorities, and substantial fines issued for breaches of data protection law.

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Debevoise Data Blog

DECEMBER 18, 2023

As we approach the end of the year, here are the Top 10 Privacy posts on the Debevoise Data Blog in 2023 by page views. At the December 8, 2023 board meeting , the CPPA voted to advance the recently updated proposed cybersecurity audit regulations to formal rulemaking. If you are not already a Blog subscriber, click here to sign up.

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Debevoise Data Blog

DECEMBER 22, 2023

As we approach the end of the year, here are the Top 10 SEC cyber posts on the Debevoise Data Blog in 2023 by page views. SEC Adopts New Cybersecurity Rules for Issuers (July 28, 2023) On July 26, 2023, the SEC adopted the long-anticipated final rules on cybersecurity risk management, strategy, governance, and incident disclosure for issuers.

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LawSites

JANUARY 23, 2023

Help pick the 15 legal tech startups that will get to compete at the seventh-annual Startup Alley at ABA TECHSHOW 2023. 3, 2023, AT 11:45 P.M. Catylex Contract Analytics Elevator Pitch: For businesses that depend on contracts, Catylex Contract Analytics delivers quick answers without reading mountains of paper.

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Percipient

JANUARY 15, 2025

The 2023 Enterprise Legal Management Report found that in-house counsel spends an average of 4.5 In fact, according to Gartner , AI-based contract analytics solutions can reduce the manual effort needed for contract review by 50%. AI tools are programmed to know the latest standards, helping you avoid compliance headaches.

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CloudNine

JANUARY 10, 2024

By Rick Clark and Jacob Hesse 2023 was an eventful year in the world of legal technology, with new technology emerging to address both traditional and new challenges legal teams face when collecting, processing, and reviewing data for litigation, investigations, or public access requests.

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Dewey B Strategic

NOVEMBER 8, 2023

The 2023 Wolters Kluwer Legal & Regulatory Future Ready Lawyer Survey Repor t includes insights from 700 legal professionals across the U.S. and nine European countries – namely Germany, the Netherlands, UK, Belgium, France, Italy, Spain, Poland, and Hungary. The survey shows noteworthy differences between the countries surveyed.

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Debevoise Data Blog

MARCH 6, 2023

On March 2 and 3, 2023, the U.S. Department of Justice (“DOJ”) announced several updates to its corporate enforcement policies, in significant part formalizing recent pronouncements about corporate compliance programs. Deputy Attorney General Lisa Monaco and Assistant Attorney General Kenneth A. Polite, Jr.

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3 Geeks and a Law Blog

JUNE 20, 2023

Our guest this week is ⁠ Kristina Satkunas ⁠ , Director of Analytic Consulting at LexisNexis. Kristina discusses the recently released LexisNexis CounselLink Enterprise Legal Management Trends Report for 2023. The 2023 report found that law firm hourly rates increased 4.5% AFAs can help buffer rising hourly rates.

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Clio

FEBRUARY 13, 2023

What to expect at ABA TECHSHOW 2023 Here’s a closer look at what’s in store. ABA TECHSHOW 2023 tracks As with previous years, a top draw of ABA TECHSHOW 2023 is its informative mix of CLE programming tracks. Her ABA TECHSHOW sessions will examine accessibility in legal tech and the ethics of ADA compliance technology.

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LawSites

OCTOBER 27, 2022

At its annual RelativityFest user conference in Chicago today, the e-discovery company Relativity announced several new tools and features for e-discovery, privacy and compliance, data management, translation, and more. Products Targeting Privacy and Compliance. New Data Management Capabilities.

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Debevoise Data Blog

JANUARY 30, 2023

Here, we unpack five trends which defined 2022 and signal areas to watch in 2023: Increased AI regulation; Prioritization of operational resilience; Focus on children’s privacy; Continued complication in data transfers out of the EEA/UK; and Heightened scrutiny on data minimisation. intelligence use of exported data.

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Debevoise Data Blog

AUGUST 14, 2023

On July 26, 2023, the U.S. The Proposed Rules also contain amendments to rules under the Securities Exchange Act of 1934 [1] (“Exchange Act”) and the Investment Advisers Act of 1940 [2] (“Advisers Act”) that would require firms to have policies and procedures to achieve compliance with the rules and to make and maintain related records.

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Legal Tech Monitor

NOVEMBER 8, 2023

The 2023 Wolters Kluwer Legal & Regulatory Future Ready Lawyer Survey Repor t includes insights from 700 legal professionals across the U.S. and nine European countries – namely Germany, the Netherlands, UK, Belgium, France, Italy, Spain, Poland, and Hungary. The survey shows noteworthy differences between the countries surveyed.

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ABA TECHSHOW

FEBRUARY 8, 2023

The ballots are closed and the votes are counted: Your votes have determined the 15 legal tech startups that will get to participate as finalists in the seventh-annual Startup Alley at ABA TECHSHOW 2023 , taking place March 1-4 in Chicago. It’s the data hub, analytics, and productivity platform for the law firms of the future.

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TechLaw Crossroads

MARCH 24, 2023

Technology, data analytics, and AI may work to reduce the number of disputes, not increase them. We can only hope that new legal issues like privacy, increased ip cases and compliance requirements, and issues flowing out of AI may fill in the gaps. But technology may endanger even that.

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Debevoise Data Blog

AUGUST 16, 2023

Web analytics : Businesses using U.S. centric web analytics may want to re-assess their use of supplementary measures after the Swedish DPA audited four businesses and fined two in connection with their use of Google Analytics. Once certified, compliance with the principles can be enforced under U.S.

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LawSites

NOVEMBER 15, 2023

” Requests for analytics, such as “Which law firm has the most torts cases in 2023 so far?” AI in Practical Law At yesterday’s briefing, Emily Colbert , head of product management, know how and compliance, demonstrated the newly released beta version of a conversational AI interface for Practical Law (PL).

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Above and Beyond KM

MARCH 30, 2023

Our Law Firm Time Capsule Law firm knowledge management is not nearly as old, but I was fortunate to find a document that acts like a KM time capsule telling our 2023 selves what mattered in the olden days of law firm KM. But many are doing sophisticated work with data, analytics, and AI. What do we do?

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Debevoise Data Blog

SEPTEMBER 14, 2022

A large number of the examples focused on compliance with the CCPA’s requirements for “sales” of personal information, including the obligation that businesses honor consumers’ use of a Global Privacy Control (“GPC”) opt-out signals.

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Simple Legal

JULY 12, 2023

But subpar communication at work isn’t just frustrating — it also affects stress levels, workplace trust, and productivity , according to Forbes’ 2023 State of the Workplace Survey. Enhanced data insights If you’re like 84% of respondents surveyed in a 2021 CLOC report , data analytics are part of your day-to-day work in legal operations.

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Lawmatics

NOVEMBER 7, 2023

Data analytics. AI-powered data analytics tools provide insights by tracking and analyzing the results of campaigns with built-in analytics and reporting tools. Regulatory compliance. AI automates the review of financial documents and contracts during mergers and acquisitions to identify potential risks and liabilities.

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OpenText

NOVEMBER 26, 2024

OpenText eDiscovery solutions have a long history of incorporating artificial intelligence (AI) and advanced analytics to dramatically improve review efficiency and lower costs while ensuring defensibility of process. July 2023: What's New in OpenText Axcelerate CE 23.2 Other recent Axcelerate enhancements at 24.2 Axcelerate CE 21.2

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Debevoise Data Blog

JULY 1, 2024

4] Consistent with this approach, on June 27, 2024 FINRA issued Regulatory Notice 24-09 (the “RN”) reminding members of regulatory obligations when using Gen AI tools for compliance surveillance. 1] See , “ SEC Proposes Rule to Eliminate or Neutralize Conflicts of Interest in the Use of “Predictive Data Analytics ” Technologies.

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Legal Tech Monitor

MARCH 24, 2023

Technology, data analytics, and AI may work to reduce the number of disputes, not increase them. We can only hope that new legal issues like privacy, increased ip cases and compliance requirements, and issues flowing out of AI may fill in the gaps. But technology may endanger even that.

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MatterSuite

OCTOBER 27, 2023

billion by 2023, growing at a compound annual growth rate (CAGR) of around 10% from 2018. Predictive Analytics: Machine learning algorithms examine historical case data to predict legal outcomes. Compliance Tools: Legal tech assists law firms in adhering to data protection regulations like GDPR and HIPAA.

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Dewey B Strategic

JUNE 14, 2023

In 2023 many law firm libraries are completely digital while others have shifted significant amounts of their budgets from print to digital. Security compliance can be a complete deal killer. Tools such as Onelog and Research Monitor can also enforce compliance with licensing restrictions. Cancellation/Autorenewal.

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Compliance Due diligence Time-tracking Analytics 59

OpenText

JANUARY 31, 2024

OpenText eDiscovery solutions have a long history of incorporating artificial intelligence (AI) and advanced analytics to dramatically improve review efficiency and lower costs while ensuring defensibility of process. July 2023: What's New in OpenText Axcelerate CE 23.2 January 2024: What's new in OpenText Axcelerate CE 24.1

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Legal Tech Monitor

JUNE 14, 2023

In 2023 many law firm libraries are completely digital while others have shifted significant amounts of their budgets from print to digital. Security compliance can be a complete deal killer. Tools such as Onelog and Research Monitor can also enforce compliance with licensing restrictions. Cancellation/Autorenewal.

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Compliance Due diligence Time-tracking Analytics 52

Ikigai Law

AUGUST 9, 2023

It originally appeared in the July 2023 Edition of FinTales, our monthly fintech newsletter. The Digital Personal Data Protection Bill, 2023 was introduced in Parliament on 3 August 2023. Say you are a payment aggregator or a KYC service provider or an AI-based data analytics service provider. The data law is nearly here!

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Lawmatics

DECEMBER 27, 2023

However, Bloomberg Law’s Spring 2023 Law School Preparedness Survey , which included 936 practicing attorneys, revealed some interesting insights. 7 Regulatory compliance Legal tech addresses the growing complexity of regulatory compliance by offering solutions that help businesses stay updated and compliant with evolving requirements.

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LawSites

MARCH 23, 2023

See also my posts this week about the expansion of Law.com Radar and about two surveys from LexisNexis on generative AI and litigation analytics. ” It said the upgrade includes many new customer-driven features that address the increasing requirements of both corporate and government users for litigation, investigations, and compliance.

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Debevoise Data Blog

JANUARY 18, 2023

On January 10, 2023, the Financial Industry Regulatory Authority (“FINRA”) published its 2023 Report on FINRA’s Examination and Risk Monitoring Program (the “Report”), which is intended to provide member firms with key considerations and observations to use in enhancing their compliance programs.

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