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The Future of the Legal Function in 2025: 10 Key Predictions

MatterSuite

As we approach 2025, it’s time to sit and evaluate legal trends for the upcoming year. To save you time and hassle we have created a list of 2025 predictions aka legal industry trends that will be dominating in the industry for upcoming years. This legal trend will continue to grow even in 2025.

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Part 500, One Year Later (Part Two) – Defining “Material Compliance”

Debevoise Data Blog

In this Part Two, we look at what constitutes “material compliance” under Part 500, which has been a key focus area for covered entities as they work to align company practices to Part 500’s new requirements and prepare for their April 2025 certification of material compliance with Part 500 for calendar year 2024.

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NYDFS Part 500, One Year Later (Part One) – New Requirements Effective November 1, 2024

Debevoise Data Blog

In Part One of this two-part Debevoise Data Blog post, we go over the new cybersecurity requirements coming into effect in November and provide a few practical considerations that covered entities may want to consider as they evaluate their Part 500 compliance.

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The 2024 Clio Cloud Conference in Review

Clio

Jack also announced exciting new Clio features for 2025, including automated workflows, custom reporting, and new payment methods. To cap off his exhilarating keynote, Jack revealed that ClioCon 2025 will take place in Boston, Massachusetts. Secure your tickets for ClioCon 2025 today!

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How Enhanced Reporting Can Improve’s Legal Operations

MatterSuite

Gartner experts expect legal departments to increase their spending on legal technology threefold by 2025. Organizations’ legal departments continually grapple with managing intricate matters, regulatory compliance, contracts, and numerous legal responsibilities. However, investing in data integration solutions is crucial.

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What is a Legal Tech Platform?

Lawmatics

In turn, lawyers can use legal tech to automate routine tasks, work more efficiently, and devote more time to complex work. Rather than a collection of disparate tools, a legal tech platform consolidates, manages, and automates various legal processes in a single location, increasing efficiency and making time for higher-value work.

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A Summary of the Final Amendments to the NYDFS Cyber Rules

Debevoise Data Blog

The Second Amendment’s compliance requirements will take effect in phases. For legal and compliance teams, the new requirements on certification, risk assessments, and governance will call for cross-functional participation throughout the coming year as companies assess their compliance with NYDFS’s Cybersecurity Regulation.