MatterSuite

OCTOBER 27, 2023

This helps lawyers to assess the strength of their cases and make informed decisions. Document Analysis: AI-driven software, such as Kira and Relativity, can review and extract critical information from documents, contracts, and emails. It automates the time-consuming process of document review and due diligence.

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Martindale-Avvo

JUNE 7, 2024

Regulatory compliance, due diligence, as well as contractual analysis and litigation, are among its capabilities. The rules in Minnesota might evolve over time, but under the current standard one can only use AI when dealing with “low” data under the state’s data protection categorization standards.

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CaseFox

JULY 25, 2023

Advanced data analytics tools enable lawyers to extract valuable insights from large volumes of information. This helps them build stronger arguments and make well-informed decisions for their clients. Through machine learning algorithms, e-discovery platforms can quickly identify patterns and connections in data.

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MatterSuite

JUNE 26, 2024

Generative AI, in contrast, learns patterns and then uses the information to develop new data, unlike the conventional AI approaches that involve sorting or analyzing information. Due to this capability, it has become a powerful tool for developing new concepts, layouts, and approaches in numerous fields.

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Debevoise Data Blog

OCTOBER 4, 2021

But accurately identifying transactions that are associated with ransomware payments is difficult, and banks are almost always informed of their clients’ ransomware incidents late in the process, after a decision has been made to pay (if they are informed of the incident at all).

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MatterSuite

FEBRUARY 6, 2024

Legacy systems, resistant to integration with modern tech, hinder seamless information flow and create silos within firms. Cybersecurity Threats and Data Breaches The legal industry, entrusted with sensitive client information, faces escalating cybersecurity threats and the looming specter of data breaches.

Legal technology 52

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MatterSuite

FEBRUARY 6, 2024

Legacy systems, resistant to integration with modern tech, hinder seamless information flow and create silos within firms. Cybersecurity Threats and Data Breaches The legal industry, entrusted with sensitive client information, faces escalating cybersecurity threats and the looming specter of data breaches.

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Legal Tech Blog

DECEMBER 8, 2022

– By Nick Rich, Head of Corporate Engagement UK&I at Exterro – Effective data management is no longer an optional extra, but a fundamental part of organisational strategies. Good data analysis allows companies to make informed decisions and create reality-based plans. Typically, more data leads to more risk.

e-discovery 52

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Ikigai Law

FEBRUARY 9, 2023

Our aim is to provide you with concise, informative content that will help you stay up-to-date on the ever-evolving world of technology policy.” – ChatGPT On that freakishly accurate note, let’s dive in! It introduces due diligence obligations for online gaming companies – which are defined as a new and separate class of intermediaries.

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Clio

MARCH 14, 2024

Cloud computing allows law firms to store and access data remotely. Enables clients to access information and have real-time insights into their cases. Innovation at your law firm If you’re looking to adopt legal technology at your firm, there are some best practices to follow: Prioritize security and data privacy first.

Machine learning 52

Machine learning Law firm Due diligence e-discovery 52

3 Geeks and a Law Blog

JULY 11, 2023

Ellington realized the technology could provide secure access to sensitive information from anywhere. 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.

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lawtomated

JUNE 28, 2021

That said, the two approaches are probably complimentary, for instance combining transaction management technology with a due diligence analysis tool. Unlike a lot of Big Law work it doesn’t require expensive and hard to find experts in things like tax, data protection or multi-jurisdictional advice and so on.

Law firm 52

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Clio

JANUARY 30, 2024

Law firm data security should be a top priority for any practice, and here’s why: Clients trust you with their most confidential information. Since clients entrust lawyers with so much of their sensitive data, law firms make prime targets for cybercrime. To hackers and criminals, law firms are remarkably interesting.

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Global LegalTech Hub

NOVEMBER 17, 2024

But in Latin America, no, perhaps there are, in some jurisdictions, regulations related to data protection, but that's not necessarily what we are referring to. You don't need anymore a team of 15 or 20 associates for due diligence. If I'm not wrong, the latest was Peru. Nowadays, it is much easier.”

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CaseFox

MAY 30, 2023

In today’s digital age, data security is a critical concern for law firms. 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.

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Law firm Data protection Law Law 98

Debevoise Data Blog

NOVEMBER 22, 2022

The EU’s General Data Protection Regulation 2016 (the “GDPR”) changed the global privacy landscape, and has been called the “gold standard” for data protection regulation. Using Data for a Secondary Purpose The State Privacy Laws also introduce a restriction on using personal data for a secondary purpose.

Data protection 52

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Legal Tech Monitor

JULY 11, 2023

Ellington realized the technology could provide secure access to sensitive information from anywhere. 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.

Law firm 52

Law firm Time-tracking Due diligence Attorney 52

Lawmatics

AUGUST 8, 2023

She suggests that legal professionals have an ethical duty to learn about and make informed decisions about these technologies, mirroring a historical pattern of initial resistance followed by eventual acceptance in the legal field. Ensure it is empathetic, informative, and inspires action.

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Debevoise Data Blog

DECEMBER 13, 2022

New critical infrastructure cyber rules approved What happened : On 28 November 2022, the European Union also finalised the second network and information systems directive (“NIS2”). While aspects of the regime, including details of incident reporting obligations, remain to be decided, the key requirements are now set.

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Eric Goldman

FEBRUARY 15, 2024

The DSA sets EU-wide rules for the “conditional exemption” of intermediaries from liability (including a “notice and action” mechanism), while also imposing on intermediaries certain due diligence obligations that reflect the evolution in technology and business models since the EU legislation of the early 2000s.

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Technology Law Dispatch

JULY 11, 2023

These model clauses aim to regulate data flows between data controllers and are recommended for adoption by competent authorities. Background: Convention 108+ Convention 108 was the first binding international instrument protecting granting individuals’ data rights. What’s next?

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Debevoise Data Blog

OCTOBER 31, 2023

Some respondents suggested that third party providers should be required to provide certain information to firms regarding their AI tools – including evidence of responsible development and risk information – so firms can better understand and mitigate the associated risks.

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Debevoise Data Blog

JANUARY 16, 2025

Department of Justice (DOJ) issued the Final Rule on Preventing Access to Sensitive Data, creating a comprehensive export control regime to restrict the transfer of bulk sensitive personal and government-related data to foreign adversaries deemed threats to U.S. national security. [1] DOJ expects U.S.

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