Remove Compliance Remove Due diligence Remove Events
article thumbnail

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.

article thumbnail

Part 2 – Helpful Guidance on Managing (Non-Cybersecurity) AI Risks from Hong Kong’s SFC

Debevoise Data Blog

Cross-Functional Approach: Senior management should ensure that responsible staff from the business, risk, compliance and technology functions can effectively manage the LC’s adoption and implementation of AI LMs by possessing the relevant competence in AI, data science, model risk management, and domain expertise.

professionals

Sign Up for our Newsletter

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

article thumbnail

FTC’s Consent Order Against Marriott: Expectations for Reasonable Security

Debevoise Data Blog

In this blog post, we discuss key provisions in the Consent Order, which not only underscore the FTCs expectations for (and enforcement of) reasonable security practices in the absence of specific regulations but also highlight the added compliance burden that companies may face in an enforcement action. For instance, the U.S.

article thumbnail

Law Firm Data Security: A Comprehensive Guide

CaseFox

As custodians of sensitive client information, law firms must take proactive measures to safeguard data from cyber threats and ensure compliance with data protection regulations. Additionally, understanding regulatory compliance requirements, such as HIPAA and GDPR, ensures adherence to legal obligations and enhances data protection.

article thumbnail

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.

article thumbnail

Can Lawyers Ethically Store and Transmit Client Info in the Cloud?

Attorney at Work

You just need to take reasonable due diligence to know it is secure. Due Diligence. As the applications of cloud computing evolve (see more from the National Institute of Standards and Technology if you’re interested), so must our security and compliance inquiries to keep our practices and clients safe.

article thumbnail

Managing Legal Risks: Strategies for In-House Legal Counsel

MatterSuite

By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance. Implement Comprehensive Compliance Programs Developing and implementing robust compliance programs is an essential strategy for managing legal risks. In-house legal counsel should work closely with other departments.