The Law Product Makers blog

SEPTEMBER 16, 2021

Here is a list of some of these disrupters: Diligen – Automated Legal Due Diligence LawGeex – A.I. I pitched this concept to a group of UPL officials as the idea that I would like to see this exception to the definition of the practice adopted in every state.

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Debevoise Data Blog

OCTOBER 31, 2023

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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Compliance Due diligence Machine learning Data protection 52

Clio

JANUARY 17, 2024

The Ethical Investigator The Ethical Investigator covers asset search, due diligence, and other private corporate investigative matters. Another option is subscribing to the best law firm blogs’ newsletters so you never miss out on new content from your favorite sites; we definitely recommend subscribing to the Clio blog newsletter !

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Clio

JANUARY 30, 2024

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. Another bonus? Signal is free.

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Colin S. Levy

MARCH 7, 2023

One definition of emotional intelligence is the capacity to handle relationships among people with discretion and with empathy. Again, you need to know how to evaluate their financials and related documentation to assist with the due diligence process. Emotional intelligence is critical. A hallmark of humanity is our emotions.

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Dennis Kennedy

DECEMBER 14, 2023

From understanding the basic definitions of AI and its integration in the legal sector to diving deep into the duty of technology competence, this FAQ addresses many key issues. While the AI tool may have generated the content, lawyers must exercise due diligence to ensure that the advice or document is accurate and appropriate.

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Berkley Technology Law Journal

AUGUST 23, 2022

So, I think there are certain areas where we definitely can take precautionary and anticipatory measures, like within the security matters. And in order to avoid biases or, even the worst case, discriminatory practices, we should definitely keep in mind, the human centricity within legal matters.

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Debevoise Data Blog

MAY 17, 2024

While the Proposed Amendments defined “substantial harm or inconvenience,” Amended Reg S-P removed these definitions. With Amended Reg S-P, the SEC expanded the scope of information covered by the Safeguards and Disposal Rules by adjusting the definition of “customer information.” Covered Customers. Adopting Release at 48-49.

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Ikigai Law

MAY 9, 2023

They also mandate online gaming intermediaries to comply with due diligence requirements and provide for a self-regulation framework for online gaming intermediaries offering online real money games. The IT Rules prohibit any online real money game that involves wagering on outcomes.

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Attorney at Work

JUNE 22, 2021

The Gartner definition of managed service provider says: A managed service provider (MSP) delivers services, such as network, application, infrastructure and security, via ongoing and regular support and active administration on customers’ premises, in their MSP’s data center (hosting), or a third-party data center.

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Ikigai Law

MAY 12, 2023

The definition of betting and gambling varies across states in India causing confusion about the legislative powers of the centre and state to regulate online gaming. How did you start working on online gaming laws? Betting and gambling are regulated by states in India.

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Dewey B Strategic

JUNE 14, 2023

Realistically the due diligence assessment should begin at least 6 months before the end of the contract. Try to negotiate for the definition that fits your firm’s workflow needs. In either case, it is important to set up a “tickler” system to track the renewal and cancellation windows. Authorized users.

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3 Geeks and a Law Blog

MAY 3, 2023

So yes, you certainly you definitely need someone who’s thinking from that point of view, because and I know a lot of time, people tend to think maybe it’s the COO. We had other due diligence factors as part of this portability of the work, it was far more an m&a approach. So that’s why you need that strategy person.

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Legal Tech Monitor

JUNE 14, 2023

Realistically the due diligence assessment should begin at least 6 months before the end of the contract. Try to negotiate for the definition that fits your firm’s workflow needs. In either case, it is important to set up a “tickler” system to track the renewal and cancellation windows. Authorized users.

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Due diligence Compliance Time-tracking Analytics 52

MatterSuite

JANUARY 24, 2024

This comprehensive guide aims to shed light on the intricacies of LPO, exploring its definition, the remarkable growth it has witnessed, and its paramount importance in reshaping the traditional legal framework. One such paradigm shift that has gained significant momentum in recent years is Legal Process Outsourcing (LPO).

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Ikigai Law

FEBRUARY 9, 2023

It introduces due diligence obligations for online gaming companies – which are defined as a new and separate class of intermediaries. Largely, the government is open to comments from stakeholders on the definition of ‘online games’ and other issues. It also proposes to develop a self-regulatory mechanism for the sector.

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3 Geeks and a Law Blog

AUGUST 22, 2023

But I want I want to pick your brain a little bit more on some of the due diligence that you’ve done with the generative AI. And we talk about we showed them the cause of action definition sweat out and see, would you notice that in practice, and go, Oh, my god, yeah, cool. Greg Lambert 17:17 Shawn, we kind of touched on this.

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3 Geeks and a Law Blog

MARCH 12, 2024

Michael shares his excitement about the potential applications of their LLMs, such as automating due diligence processes and drafting contract revisions based on identified risks. And they go through different definitions and stuff, in terms of bias in terms of explainability. wanting food is a definite sign. That’s good.

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Legal Tech Blog

DECEMBER 8, 2022

By definition, data minimisation principles imply that organisations obtain the minimum amount of data required to fulfil a specific purpose. With this in mind, firms must work to perform due diligence and audits on all partner vendors, vetting data and security controls and evaluating them against legislation.

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Debevoise Data Blog

NOVEMBER 22, 2022

The State Privacy Laws all broadly contain the same definition of consent: a clear, affirmative act signifying a consumer’s freely given, specific, informed and unambiguous agreement to the data processing. This is closely aligned with the GDPR. regulator would deem to “present a significant or heightened risk to consumers”).

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Legal Tech Monitor

DECEMBER 14, 2023

From understanding the basic definitions of AI and its integration in the legal sector to diving deep into the duty of technology competence, this FAQ addresses many key issues. While the AI tool may have generated the content, lawyers must exercise due diligence to ensure that the advice or document is accurate and appropriate.

Lawyer 52

Lawyer Due diligence Client Intake Mediator 52

Ikigai Law

MAY 1, 2023

Due diligence, risk management, monitoring the outsourced activities, exit strategy, and so on. So, this development is definitely a positive sign. Earlier this month, RBI released guidelines for REs on outsourcing their information technology (IT) functions. The guidelines set out the usual do’s and don’ts of outsourcing.

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Ikigai Law

APRIL 7, 2023

Key definitions and explanations Definitions: ‘Online game’ means a game that is offered on the internet and is accessible by a user through a computer resource or an intermediary. [3] 2] It is likely that the government will appoint the Fact Check Unit of the Press Information Bureau, Ministry of Information and Broadcasting.

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Legal Tech Monitor

JANUARY 6, 2025

Tom Dunlop shares the frustrations that sparked the idea for Summize, recounting his days as an in-house lawyer overwhelmed by the manual review of locked PDF contracts during due diligence. And so that way it’s set, you know, it definitely fits within a certain timeframe. Tom Dunlop (11:23) Yeah, definitely.

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Legal Tech Monitor

JULY 11, 2023

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. So I definitely think data. m&a and IP due diligence matters, contract review matters. That’s an obvious one.

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Legal Tech Monitor

AUGUST 22, 2023

But I want I want to pick your brain a little bit more on some of the due diligence that you’ve done with the generative AI. And we talk about we showed them the cause of action definition sweat out and see, would you notice that in practice, and go, Oh, my god, yeah, cool. Greg Lambert 17:17 Shawn, we kind of touched on this.

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Legal Tech Monitor

MAY 3, 2023

So yes, you certainly you definitely need someone who’s thinking from that point of view, because and I know a lot of time, people tend to think maybe it’s the COO. We had other due diligence factors as part of this portability of the work, it was far more an m&a approach. So that’s why you need that strategy person.

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Law firm Law Law Lawyer 52

3 Geeks and a Law Blog

JANUARY 15, 2024

And so you know, we shouldn’t be running kind of headlong into some of this new technology without, you know, doing our due diligence. Like for example, my company deal with definitely, there are very few publicly trained model. You definitely get points for that. So that hopefully recapped what Brad was saying.

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Eric Goldman

MAY 15, 2024

Under the “discovery rule,” the limitations period begins to run when “the plaintiff discovers, or with due diligence should have discovered, the injury that forms the basis for the claim.” In a footnote, however, the Court also acknowledged the existence of a possible exception to the injury rule of accrual: the “discovery rule.”

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Debevoise Data Blog

MARCH 16, 2022

These obligations may influence CISA’s definition of a covered incident, as it must balance its ability to effectively review and disseminate pertinent information against the risk it is flooded with proportionately minor incident reports.

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Legal Tech Monitor

JANUARY 15, 2024

And so you know, we shouldn’t be running kind of headlong into some of this new technology without, you know, doing our due diligence. Like for example, my company deal with definitely, there are very few publicly trained model. You definitely get points for that. So that hopefully recapped what Brad was saying.

Legal tech 52

Legal tech Legal tech Hearing Time-tracking 52

lawtomated

JUNE 28, 2021

That said, the two approaches are probably complimentary, for instance combining transaction management technology with a due diligence analysis tool. If we can solve these and make them invisible within existing workflows, we think the net benefit, whilst small individually, is in aggregate more substantial.

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3 Geeks and a Law Blog

MAY 9, 2023

The natural language processing has found its way into many, many, many products from eDiscovery, to due diligence to legal research, litigation, analytics and prediction, all types of legal tech tool, but it hasn’t been absolutely transformative. Greg Lambert 18:37 It definitely feels like real change.

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Legal Tech Monitor

MAY 9, 2023

The natural language processing has found its way into many, many, many products from eDiscovery, to due diligence to legal research, litigation, analytics and prediction, all types of legal tech tool, but it hasn’t been absolutely transformative. Greg Lambert 18:37 It definitely feels like real change.

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Debevoise Data Blog

NOVEMBER 5, 2024

Covered data transaction definition. In response to comments to the Advance Notice, the DOJ revised the definition of a “covered data transaction” to any transaction that involves any access to the data by the counterparty to a transaction (rather than any transaction that involves government-related data or bulk U.S.

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Debevoise Data Blog

JANUARY 23, 2025

Suggested mitigations: Respondents offered several potential mitigants, including strong third-party risk management (TPRM) frameworks and robust due diligence processes, a topic we have previously discussed.

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