Percipient

JANUARY 20, 2025

It can also help with legal research, finding relevant case laws or statutes quickly without endless hours of manual searching. Its also super handy for spotting legal risks early, especially in compliance, so you can deal with issues before they get out of hand. Its a lifesaver for law firms or teams dealing with tons of paperwork.

Legal tech 52

Legal tech Legal tech Machine learning e-discovery 52

Percipient

MARCH 18, 2025

Risk and compliance checks : It flags missing clauses, unfavorable terms, or non-compliance with legal standards, helping you avoid costly mistakes. Reduce the Risk of Costly Mistakes One missed clause can lead to financial losses, compliance issues, or even lawsuits. No pressure, right?

Software 52

Software Due diligence Machine learning e-discovery 52

Debevoise Data Blog

NOVEMBER 21, 2024

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.

Compliance 52

Compliance Due diligence Law Law 52

MatterSuite

JUNE 2, 2025

Litigation vs. Compliance). The inability to rapidly assess legal risks and opportunities during due diligence puts a company at a significant disadvantage. The solution: MatterSuite’s legal ops tools provide a real-time dashboard showing: Spend by Matter Type (e.g., Attorney Productivity: Matters closed per lawyer/month.

Time-tracking 52

Time-tracking Due diligence e-filing Software 52

Debevoise Data Blog

JULY 13, 2025

“Critical operations” include operations necessary for either the investment, trading, valuation, reporting, and risk management of the reporting fund or the operation of the reporting fund in accordance with federal securities laws and regulations. Because the $1.5 When Could an AI Failure Trigger Reporting?

Due diligence 52

Due diligence Compliance Law Law 52

Debevoise Data Blog

FEBRUARY 28, 2025

The Italian DPA opened an investigation into DeepSeek for possible GDPR non-compliance associated with its AI chatbot services data collection and processing activities. UK ICO acts on cookie compliance. DeepSeek investigated by Italian DPA over AI chatbot data collection practices. These developments are covered below.

Data protection 52

Data protection Compliance Due diligence Time-tracking 52

Debevoise Data Blog

NOVEMBER 18, 2024

There is also some overlap with the requirements in the EU AI Act and the Colorado AI Law , although the Circular is narrower (applying only to language models) and more prescriptive. The authors would like to thank Debevoise Law Clerks Diane Bernabei and Adam Shankman for their contribution to this blog post.

Intellectual Property 52

Intellectual Property Due diligence Compliance Machine learning 52

Debevoise Data Blog

JANUARY 23, 2025

For internal uses, respondents emphasized the growing role of AI in compliance, risk management, and operations, with generative AI in particular enhancing tasks like report creation, data analysis, and detecting anomalies in anti-money laundering and sanctions compliance. Inconsistent State Laws. Concentration-related Risks.

Compliance 52

Compliance Intellectual Property Due diligence e-records 52

Debevoise Data Blog

NOVEMBER 5, 2024

Comments are due on November 29. Compliance and diligence. The Proposal would require companies to develop and implement risk-based compliance programs and would establish affirmative compliance obligations for U.S. A company’s compliance requirements under the Proposal would include annual reports filed by U.S.

Compliance 52

Compliance Due diligence Law Law 52

CaseFox

OCTOBER 10, 2023

The due diligence checklist is a comprehensive document that you can use to help you prepare for a potential deal. The due diligence checklist is also an essential part of any business transaction. The format of a due diligence checklist is basic. However, you can change it to fit various industries.

Due diligence 52

Due diligence Intellectual Property Litigator Litigation 52

MatterSuite

JUNE 19, 2023

In today’s fast-paced business environment, efficient procurement processes are crucial for corporate legal teams and law firms. An RFI serves as a preliminary step before issuing an RFP and plays a crucial role in gathering information and qualifying potential vendors or law firms.

Law firm 97

Law firm Due diligence Compliance Law 97

LawSites

JUNE 1, 2021

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. A quick-edit panel allows review and annotation of a contract.

Machine learning 145

Machine learning Intellectual Property Due diligence Compliance 145

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.

Law firm 98

Law firm Data protection Law Law 98

MatterSuite

MAY 25, 2023

This is particularly true for law firms that handle sensitive client data, including credit card information. 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.

Compliance 52

Compliance Law firm Law Law 52

Attorney at Work

AUGUST 26, 2021

Law firms didn’t let the pandemic get in the way of profitability or performance in 2020. Successful law firms not only accommodated dynamic client needs in this moment of unprecedented upheaval, but also made internal structural changes to ensure the work got done as efficiently and cost-effectively as possible.

Due diligence 120

Due diligence Law firm Corporate law Attorney 120

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. You don’t want your law firm to become part of that statistic.

Law firm 98

Law firm Law Law Due diligence 98

Martindale-Avvo

MAY 25, 2023

Backed by a recent investment from Open.AI, the creators of ChatGPT, many speculate on the implications of this technology for the future of law. It combines general internet data from the GPT model with legal-specific data, including case law and reference materials. Who’s partnering with Harvey AI?

Due diligence 104

Due diligence Law firm Compliance Lawyer 104

Attorney at Work

JUNE 4, 2022

QUESTION: Our law firm would like to reduce our paper and physical storage use and costs by “going to the cloud” with our data. We don’t want an ethics violation due to a data breach of our clients’ confidential information. requires attorneys to keep abreast of changes in law and its relation to technology. Due Diligence.

Due diligence 98

Due diligence Lawyer Court Attorney 98

CaseFox

AUGUST 25, 2023

These practices are now laws and guidelines in many countries. One of the major crops targeted by these legal regulations and guidelines is soy due to the large-scale farming practices. Failing to abide by the laws can have a negative business reputation, legal and financial consequences.

Compliance 52

Compliance Due diligence Law Law 52

Debevoise Data Blog

MAY 1, 2022

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.

Due diligence 52

Due diligence Failure-to-appear Compliance Law 52

3 Geeks and a Law Blog

JULY 11, 2023

Ellington explains that the impetus for creating SessionGuardian came from working with a law firm to secure their work with eDiscovery vendors and contract attorney staffing agencies. Sircar says law firms’ top challenges are employee issues, data retention problems, physical security risks, and insider threats.

Law firm 189

Law firm Time-tracking Due diligence Attorney 189

LawSites

FEBRUARY 22, 2024

The Massachusetts case did involve a lawyer, as well as the lawyer’s associate and two recent law school graduates not yet admitted to practice. He blamed the mistake on his own ignorance of AI and attributed the inclusion of the cases to two recent law school grads and an associate who worked on the memoranda.

Court 145

Court e-filing Judge Hearing 145

MatterSuite

JULY 31, 2023

Keeping abreast of new laws, regulations, and judicial decisions relevant to the company’s industry is crucial for managing legal risks. 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.

Due diligence 52

Due diligence Intellectual Property Compliance Data protection 52

MatterSuite

JULY 9, 2023

Keeping abreast of new laws, regulations, and judicial decisions relevant to the company’s industry is crucial for managing legal risks. By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance.

Due diligence 52

Due diligence Intellectual Property Compliance Data protection 52

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.

Due diligence 105

Due diligence Data protection Compliance Court 105

Clio

FEBRUARY 21, 2025

With nearly three-quarters of a law firms hourly billable tasks potentially exposed to automation by AI, theres seemingly no limit to the ways AI can be leveraged in modern law firms. From contract drafting to due diligence and deal efficiency, AI helps lawyers complete transactional legal tasks faster and more efficiently.

Due diligence 52

Due diligence Legal research Law firm Practice management 52

Percipient

NOVEMBER 24, 2021

In short, lawyers must observe their long-standing ethical obligation to preserve client confidence and conduct due diligence into any service or vendor used to store client information. Other states describe a lawyer’s duty when choosing SaaS and cloud computing services as one of “due diligence.”

Due diligence 52

Due diligence e-discovery e-filing Attorney 52

Rocket Matter

OCTOBER 3, 2023

Time tracking software: Time tracking software is increasingly part-and-parcel of law firm time tracking strategies. You can track it automatically , integrate your timer with other applications (think: Word and Outlook), enter time from your phone when you’re on the go, and much more.

Time-tracking 97

Time-tracking Lawyer Due diligence Software 97

MatterSuite

OCTOBER 27, 2023

Ever wondered how technology is reshaping the practice of law, an arena known for its venerable traditions and meticulous procedures? This analyzes vast legal databases and provides attorneys with relevant case law, statutes, and legal precedents. It automates the time-consuming process of document review and due diligence.

Legal tech 52

Legal tech Legal tech e-discovery Machine learning 52

Debevoise Data Blog

SEPTEMBER 30, 2021

Almost everyone working in cybersecurity compliance is aware that each U.S. In this Debevoise Data Blog post, we examine the general cybersecurity obligations under state law, including common themes and recent developments. have adopted laws with similar cybersecurity requirements (collectively, the “Reasonable Security Laws”).

State law 52

State law Law Law Compliance 52

MatterSuite

JULY 4, 2023

Get ready to witness the future of law practice, powered by the unstoppable force of AI. AI-powered algorithms can sift through vast volumes of legal documents, case law, and regulations, delivering faster and more accurate results. In legal research, AI-powered systems can analyze numerous legal documents, case laws, and regulations.

Due diligence 52

Due diligence Machine learning e-discovery Legal research 52

Inside Privacy

DECEMBER 1, 2023

Conducting due diligence on imported PDEs. As with most recent European technology regulation, the CRA will come with the threat of high penalties for non-compliance – up to €15 million or 2.5% Covington’s Privacy and Cybersecurity Practice regularly advises on cybersecurity laws in Europe and elsewhere.

Due diligence 65

Due diligence Software Compliance Law 65

MatterSuite

JANUARY 24, 2024

Initially emerging as a cost-cutting measure, LPO has evolved into a strategic imperative for law firms globally. This paradigm shift is evident in the increasing adoption of LPO by law firms of all sizes, from boutique practices to multinational corporations.

Law firm 52

Law firm Intellectual Property Law Law 52

Technology Law Dispatch

OCTOBER 26, 2023

NIST), the ICO’s response was that there have been a number of laws introduced recently that require certain security measures to be adopted. Any framework could be used as a baseline as long as the focus is on security as an outcome and not compliance. To the questions on what security frameworks or standards should be used (e.g.,

Data protection 59

Data protection Due diligence Compliance Law 59

MatterSuite

AUGUST 28, 2023

AI algorithms swiftly analyze extensive legal data, aided by NLP for document comprehension, case law identification, and contract insight extraction. Enhanced Research and Case Law Analysis Legal research is a time-consuming task that often involves sifting through countless documents and sources.

Due diligence 52

Due diligence Machine learning Analytics Dispute resolution 52

MatterSuite

FEBRUARY 6, 2024

Cloud-based legal technology empowers law firms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients. These challenges, if left unaddressed, can impede progress and hinder the potential for growth and innovation within law firms.

Legal technology 52

Legal technology Legal technology Law firm Time-tracking 52

MatterSuite

FEBRUARY 6, 2024

Cloud-based legal technology empowers law firms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients. These challenges, if left unaddressed, can impede progress and hinder the potential for growth and innovation within law firms.

Law firm 52

Law firm Legal technology Legal technology Time-tracking 52