Remove Blog Remove Compliance Remove Time-tracking
article thumbnail

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

Debevoise Data Blog

In Part One of this Debevoise Data Blog post series, we discussed the Part 500 requirements that came into effect on November 1, 2024. Material Compliance Under Part 500 Under Section 500.17(b)(1), CEO) and its CISO, and must be based on data and documentation that is “sufficient to accurately demonstrate such material compliance.”

article thumbnail

How To Choose The Best Time Tracking Software For Your Law Firm 

CaseFox

Can’t find the time for entry for the client? Struggling to manage manual time entries? It is time to switch to automatic law firm time-tracking software. Time tracking software will help your firm accurately tracking time. You will be able to track entries in real time.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Attorneys Use a Billable Hours Chart To Track Time 

MatterSuite

In the legal profession, time is a valuable resource you must effectively manage that. Accurately tracking billable hours is essential for both attorneys and law firms to ensure fair compensation. One widely adopted method for tracking time is through a billable hours chart. To facilitate accurate invoicing.

article thumbnail

Risk of AI Abuse by Corporate Insiders Presents Challenges for Compliance Departments

Debevoise Data Blog

We recently highlighted the need for companies to manage risks associated with the adoption of AI technology, including the malicious use of real-time deepfakes ( i.e. , AI-generated audio or video that impersonates a real person). Many compliance systems are designed to require specific approvals for certain employee actions.

article thumbnail

Data Literacy: A Critical Skill for Legal Professionals

Colin S. Levy

Legal teams are no longer just advisors on regulatory compliance or dispute resolution—they are now key players in data governance, risk management, and strategic decision-making. This involves more than just skimming through compliance dashboards; it requires diving into how data is collected, processed, and stored.

article thumbnail

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.

article thumbnail

The Top 5 Challenges Faced by Enterprise Legal Department

MatterSuite

As companies grow and expand, they face a range of legal challenges, from regulatory compliance to contractual disputes, intellectual property infringement, and more. In this blog, we’ll explore the top 5 challenges faced by enterprise legal departments. To address these challenges, many companies turn to ELM software solutions.