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Streamlining Procurement: How RFPs Benefit Corporate Legal Teams and Law Firms

MatterSuite

Legal RFPs help evaluate and select service providers based on expertise, experience, geographic reach, pricing, and compliance. In this blog post, we’ll discuss the benefits of RFPs for legal teams and firms for effective procurement. This process eliminates the need for lengthy discussions and negotiations, which saves time.

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PCI Compliance for Law Firms: A Comprehensive Guide

MatterSuite

PCI compliance, which stands for Payment Card Industry Data Security Standard, is a set of security standards designed to protect cardholder data and ensure secure payment card transactions. Consequently, law firms may handle payment card information, making PCI compliance essential.

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The SEC’s New Risk Alert Warns about the Use of Alternative Data

Debevoise Data Blog

On April 26, 2022, the Division of Examinations (“EXAMS”) of the Securities and Exchange Commission (the “SEC”) issued a Risk Alert titled “ Investment Adviser MNPI Compliance Issues ” (“Risk Alert”) on the use of alternative data.

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Harnessing AI in Transactional Legal Work

Clio

From contract drafting to due diligence and deal efficiency, AI helps lawyers complete transactional legal tasks faster and more efficiently. Is keeping up with due diligence document review taking up a lot of staff time? AI wont replace transactional lawyers, but it is transforming how they work.

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Managing Legal Risks: Strategies for In-House Legal Counsel

MatterSuite

This blog post explores strategies for in-house legal counsel to manage legal risks effectively and safeguard the interests of organizations. By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance. Integrate compliance efforts effectively into the company’s operations.

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Managing Legal Risks: Strategies for In-House Legal Counsel

MatterSuite

This blog post explores strategies for in-house legal counsel to manage legal risks effectively and safeguard the interests of organizations. By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance. As companies face increasing regulatory scrutiny and potential legal challenges.

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EU cyber regulation wave quietly rolls on – Commission set to finalize new cyber standards

Inside Privacy

For an overview of NIS 2, see our blog here. For an overview of the Cyber Resilience Act, see our blog here. For an overview of this scheme, see our blog here. As with most recent European technology regulation, the Cyber Resilience Act will come with the threat of high penalties for non-compliance – up to €15 million or 2.5%