Eric Goldman

FEBRUARY 15, 2024

The DSA sets EU-wide rules for the “conditional exemption” of intermediaries from liability (including a “notice and action” mechanism), while also imposing on intermediaries certain due diligence obligations that reflect the evolution in technology and business models since the EU legislation of the early 2000s.

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Inside Privacy

FEBRUARY 28, 2024

NIST had proposed some potentially significant updates to the Framework in a Concept Paper published on January 19, 2023, which this Version 2.0 Globally, organizations, industries, and government agencies have increasingly relied upon the Framework to establish cybersecurity programs and measure their maturity. Significant Updates.

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Ikigai Law

FEBRUARY 9, 2023

Budget for tech – the Amrit Kaal version In tandem with the previous year’s budget, the 2023-24 version too has a deep focus on technology. It introduces due diligence obligations for online gaming companies – which are defined as a new and separate class of intermediaries.

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Due diligence Data protection Hearing Compliance 52

Lawyerist

APRIL 19, 2024

You can create tasks for individual documents (as in estate plan drafting), or entire classes of documents (as in discovery or due diligence work). This fact is even more pronounced among lawyers, where 2023 statistics reveal that 69% of attorneys rely on email, often unencrypted, for client communication and document exchange.

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Due diligence Time-tracking Estate planning Law firm 72

MatterSuite

JUNE 4, 2024

Between 2012 and 2023, the number of jobs requiring AI skills grew 3.5 Here is a pie chart showing the salary distribution for 2023 between lawyers with and without AI skills. For example, lawyers adept at using AI for predictive analytics, contract analysis, and due diligence are in high demand.

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Ikigai Law

MAY 9, 2023

In March 2023, the same bill was introduced in the Tamil Nadu Assembly. On 7 April 2023, the Governor gave his assent to the Bill and on 10 th April 2023, the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Act, 2022 ( TN Act ) [1] came into force. 23] See here for more. [24] 24] See here for more. [25]

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Inside Privacy

DECEMBER 5, 2023

Following the end of the consultation period on 31 October, the European Commission is currently considering the feedback it received and is expected to publish the final ECCS regulations by the end of 2023. of global turnover. The ECCS will then take effect 12 months from its entry into force.

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Clio

JANUARY 30, 2024

According to the 2023 ABA Cybersecurity TechReport , 29% of law firms experienced a form of security breach. While GDPR currently applies to firms in Europe , its regulations could affect your firm, as many states are beginning to enforce new GDPR-inspired statutes in 2023. You don’t want your law firm to become part of that statistic.

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Clio

MARCH 13, 2023

Harvey AI assists with contract analysis, due diligence, litigation, and regulatory compliance and can help generate insights, recommendations, and predictions based on data. Harvey AI partners with a major law firm In February 2023, Allen & Overy, one of the world’s largest law firms, announced its partnership with Harvey AI.

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Lawmatics

NOVEMBER 7, 2023

Due diligence. For example, in March 2023, CaseText launched its OpenAI-based tool CoCounsel, touting it as the “world’s first reliable AI legal assistant.” AI supports the review of large volumes of electronically stored information (ESI) such as documents, emails, social media content, and other digital data. Data analytics.

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Dennis Kennedy

DECEMBER 14, 2023

Ethical Implications of Generative AI for the Michigan Lawyer: Navigating the Digital Landscape Frequently Asked Questions (December 2023 Version) Dennis Kennedy* Executive Summary How might the evolution of generative AI impact the legal profession in the next 5-10 years? What happens if an AI tool makes an error? Who’s responsible?

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Richmond Journal of Law and Technology

MAY 2, 2023

companies must conduct thorough due diligence to ensure compliance with anti-corruption laws when entering the e-commerce market in the region. 1, 2023), [link] Electronic transaction: Senate prepares legal framework to guide deals , Tribune Online (Feb. 31, 2023), [link]. 17] As a result, U.S. on Trade and Dev.,

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Clio

JULY 16, 2024

Orbital Witness —a UK-based startup that creates AI-powered software to help accelerate legal due diligence and client reporting—recently announced a collaboration with First Title Insurance, part of the First American Financial Corporation, to offer an insurance-backed accuracy guarantee for a legaltech AI product.

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Legal tech Legal tech Lawyer Due diligence 52

Clio

AUGUST 7, 2024

According to the 2023 Legal Trends Report , lawyers record less than three billable hours per day on average, with the rest of their day going towards various non-billable tasks. The 2023 Legal Trends Report found that of all hours invoiced to clients, 11% are never paid. Learn more by reading our guide to evergreen retainers.

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MatterSuite

OCTOBER 27, 2023

billion by 2023, growing at a compound annual growth rate (CAGR) of around 10% from 2018. It automates the time-consuming process of document review and due diligence. E-discovery solutions , a significant part of legal tech, were estimated to be a multi-billion-dollar industry.

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CloudNine

MARCH 16, 2023

HOUSTON, TX – March 16, 2023 – eDiscovery technology pioneer CloudNine and Integreon , a trusted worldwide provider of tech-enabled legal and business outsourced services, announced a partnership today to provide a better way to manage modern data in eDiscovery.

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Technology Law Dispatch

JULY 11, 2023

On June 27, 2023, the Council of Europe (“CoE”) announced the adoption of its first module of the Model Contractual Clauses (“MCCs”) for cross-border data transfers based on the Protocol amending the Convention for the Protection of Individuals with Regard to Automatic Processing of Personal Data (Convention 108+).

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Data protection Due diligence Compliance Law 40

Eric Goldman

MAY 15, 2024

Under the “discovery rule,” the limitations period begins to run when “the plaintiff discovers, or with due diligence should have discovered, the injury that forms the basis for the claim.” The Supreme Court’s opportunity came with the 2023 decision in Nealy v. 2, 2023), at i. Petrella , 572 U.S. 4th 1325 (11th Cir.

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TechLaw Crossroads

FEBRUARY 9, 2024

The survey was done between December 6, 2023, and January 9, 2024, so it’s pretty recent. Like the LexisNexis Survey, it was conducted relatively recently during August and September 2023. LexisNexis talked to 266 managing partners and c-suite leaders at AmLaw 200 law firms.

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Legal AI Law Law Due diligence 59

Martindale-Avvo

APRIL 25, 2024

of lawyers were racially or ethnically diverse 2.86% of lawyers were LGBTQ 0.53% of lawyers were people with disabilities This is in stark contrast to the 2023 US Census , which states that 50.4% Law firms have to perform due diligence to ensure that their DEI initiatives do not come at the expense of qualified legal professional service.

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Wisblawg

JULY 8, 2024

So here’s my first tip, and it’s a big one: It’s up to you as the user to do your due diligence in vetting the response. But it’s worth noting that many times, it’s confidently right.

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ABA TECHSHOW

FEBRUARY 15, 2024

AI can be used in eDiscovery, legal research, document management and automation, due diligence, litigation analysis, improving internal business processes, and more. The existence and promise of AI within the legal realm are unmistakable, with opportunities to enhance efficiency and elevate the effectiveness of legal work.

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Legal Tech Monitor

FEBRUARY 9, 2024

The survey was done between December 6, 2023, and January 9, 2024, so it’s pretty recent. Like the LexisNexis Survey, it was conducted relatively recently during August and September 2023. LexisNexis talked to 266 managing partners and c-suite leaders at AmLaw 200 law firms.

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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. Realistically the due diligence assessment should begin at least 6 months before the end of the contract.

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LawSites

MARCH 10, 2023

Similarly, the lineup of speakers may not seem remarkable in 2023, because many of them went on to become quite famous in legal tech circles. The presenters in many rooms would have been considered heretics in 2013. But when they were all collected in the same room at RLSV, it became a Moment.

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Law Law Due diligence Litigator 59

Ikigai Law

MAY 12, 2023

The interview was conducted for the April 2023 edition of Game On: India, a newsletter we publish monthly in collaboration with the All India Gaming Federation ( AIGF ). Formal and informal discussions were conducted with stakeholders before and after the draft Amendments were released in January 2023. Personal journey at MeitY: 1.

Law 52

Law Law Due diligence Court 52

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. Realistically the due diligence assessment should begin at least 6 months before the end of the contract.

Compliance 52

Compliance Due diligence Time-tracking Analytics 52

Legal Tech Monitor

MARCH 10, 2023

Similarly, the lineup of speakers may not seem remarkable in 2023, because many of them went on to become quite famous in legal tech circles. The presenters in many rooms would have been considered heretics in 2013. But when they were all collected in the same room at RLSV, it became a Moment.

Law 52

Law Law Due diligence Litigator 52

Legal Tech Monitor

DECEMBER 14, 2023

Ethical Implications of Generative AI for the Michigan Lawyer: Navigating the Digital Landscape Frequently Asked Questions (December 2023 Version) Dennis Kennedy* Executive Summary How might the evolution of generative AI impact the legal profession in the next 5-10 years? What happens if an AI tool makes an error? Who’s responsible?

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Lawyer Due diligence Client Intake Mediator 52

Debevoise Data Blog

OCTOBER 31, 2023

On 26 October 2023, the Bank of England, Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”, collectively the “UK Financial Authorities”) published FS2/23 on Artificial Intelligence and Machine Learning (the “Response Paper”).

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Compliance Due diligence Machine learning Data protection 52

Ikigai Law

JUNE 1, 2023

Come 30 September 2023, the 2000-rupee note may cease to exist. Join us for the memorial service on 30 September 2023 to bid farewell to the 2000-rupee note. And prescribes enhanced ongoing due-diligence measures for them. We discussed the proposal in the April 2023 edition of FinTales. You get the drift.

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Ikigai Law

APRIL 7, 2023

19] Earlier in 2023, MeitY and the Ministry of Home Affairs, banned 138 loan and betting apps with alleged linkages to China. 23] The draft amendments to the IT Rules 2021 released in January 2023 ( January 2023 Version ), required that KYC be done at the time of commencement of a user’s account.

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Debevoise Data Blog

DECEMBER 13, 2022

Italy bans private use of facial recognition technology What happened : On 14 November 2022, the Italian Garante announced that the use of existing and new facial recognition systems that use biometric data is prohibited until a new law is passed, and at least until the end of 2023.

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Ikigai Law

MAY 1, 2023

Due diligence, risk management, monitoring the outsourced activities, exit strategy, and so on. The updated policy will be effective from 31 May 2023. Earlier this month, RBI released guidelines for REs on outsourcing their information technology (IT) functions. The guidelines set out the usual do’s and don’ts of outsourcing.

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OpenText

NOVEMBER 26, 2024

July 2023: What's New in OpenText Axcelerate CE 23.2 Axcelerate Investigation is also ideally suited to support a broad range of other types of investigations such as compliance, human resources, M&A due diligence, C-suite vetting and more. The latest licensed version of OpenText TM Axcelerate TM is out!

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e-filing Analytics Time-tracking e-discovery 59

OpenText

JANUARY 31, 2024

July 2023: What's New in OpenText Axcelerate CE 23.2 Axcelerate Investigation is also ideally suited to support a broad range of other types of investigations such as compliance, human resources, M&A due diligence, C-suite vetting and more. The latest licensed version of OpenText TM Axcelerate TM is out!

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Analytics Time-tracking Litigator Litigation 52

Clio

JANUARY 30, 2024

As such, more and more lawyers are interested in adopting AI tools to help their practices run more efficiently, with 19% of lawyers already using AI (in some form) in their practices and 32% of lawyers agreeing that AI can help reduce workloads, according to the 2023 Legal Trends Report.

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