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Thomson Reuters Launches AI-Powered Contract Analysis Tool in HighQ

LawSites

Integrated with HighQ, the collaboration and workflow platform Thomson Reuters acquired in 2019, HighQ Contract Analysis is designed for attorneys to use in transactional due diligence, compliance review and contract investigations.

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Cybersecurity in the Remote Work Era: AI, Employees and an Integrated Defense – With SessionGuardian’s Jordan Ellington and Oren Leib, and Katten’s Trisha Sircar (TGIR Ep. 211)

3 Geeks and a Law Blog

Leib notes SessionGuardian’s solution addresses risks beyond eDiscovery and source code review, including data breach response, M&A due diligence, and outsourced call centers. He announces SessionGuardian will offer free CLE courses on cybersecurity awareness and compliance. So I definitely think data.

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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

This might include, but definitely isn’t limited to: Researching or performing due diligence for a client’s matter Correspondences or meetings related to a case Drafting briefs Filing paperwork Court appearances On the other hand, a great deal of legal work falls into the non-billable hour camp.

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UK Financial Regulators Publish Response to AI Consultation – Seven Takeaways

Debevoise Data Blog

Seven Takeaways from the Response Paper The definition of AI is a key gating question. The definition of “artificial intelligence” has been a contentious point in multiple AI legislative processes – including the draft EU AI Act – and it appears that the UK Financial Authorities could face similar challenges.

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2024 Law Firm Data Security Guide: How to Keep Your Law Firm Secure

Clio

Check out our blog post on understanding HIPAA compliance for more information. Vet vendors carefully While data security ultimately falls under the ethical responsibility of lawyers, legal technology can definitely help make this easier (or harder). We recommend using Clio’s Cloud Computing Due Diligence Checklist.

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The SEC Adopts Significant Cybersecurity Amendments to Reg S-P

Debevoise Data Blog

Firms will have either 18 or 24 months (depending on size) from the date of publication in the Federal Register to come into compliance. We discuss Reg S-P’s new and expanded requirements, as well as considerations for compliance, below. A comparison of Amended Reg S-P to the Proposed Amendments is available here. 17 CFR § 248.30(a)(3).

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Checklist for the Negotiation of Digital Subscriptions – Budget Control and Risk Management Strategies

Dewey B Strategic

Security compliance can be a complete deal killer. Many firms now require vendors to answer security compliance questionnaires and to disclose their security standards in advance of any trial or contract. Tools such as Onelog and Research Monitor can also enforce compliance with licensing restrictions. Cancellation/Autorenewal.