Increase Legal Team Productivity with These 5 Proven Methods

By |2023-03-08T14:14:30-05:00March 7th, 2023|eDiscovery, Information Governance and Management, Technology|

In the legal profession, productivity equals revenue. Law firms run on billable hours. And in-house legal departments directly affect the bottom line of the corporations they serve.  A combination of improved information governance, automation, collaboration, and strategic adoption of legal technology can increase legal team productivity by 23 percent or more. Determine Your Baseline Legal Team Productivity To map the route to a more productive future, the legal team must first determine its starting point. For instance, a team that lacks effective strategy will operate reactively, scrambling with every request for information and turning immediately to outside counsel. Somewhat more

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Control the Future of Data with AI and Information Governance

By |2023-03-15T17:46:16-04:00March 1st, 2023|Data Compliance, Information Governance and Management|

As business leaders know, great opportunity often brings great risk. Thus, big data drives strategy and informs decision making. But mismanaged data creates security and compliance nightmares. New AI tools promise to help but raise privacy and ethics concerns. However, AI and information governance together harness opportunity while minimizing risk. For example, protected health information slides under the radar in numerous formats, from emails to meeting transcripts and chats. However, using AI-powered tools, information governance professionals can automatically find and tag sensitive data wherever it lives. This allows them to ensure compliance with privacy regulations. On the other hand, new

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AI for eDiscovery Powers Time and Cost Savings but Caution Advised

By |2023-03-07T14:25:05-05:00February 22nd, 2023|eDiscovery, Trending|

Forward-thinking legal professionals have already begun to tap into the benefits of AI for eDiscovery with technology-assisted review (TAR). Recently, the buzz about ChatGPT and other advancements has attorneys carefully weighing the potential benefits and risks of AI. Implemented wisely, emerging legal technology options can deliver significant wins. AI Already a Key Player in the Document Review Process Discovery costs can account for up to half of the costs involved in litigation. Consequently, streamlining the eDiscovery process delivers critical time and cost savings while improving case strategy. Enter technology-assisted review (TAR). A key application of AI, TAR substantially reduces the

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Overcome Legal Firm Challenges with Wise Technology Investments

By |2023-03-07T14:50:52-05:00February 15th, 2023|Cyber-Security, Information Governance and Management, Safety and Cyber Security, Technology|

Recent years have witnessed seismic shifts in society. The global pandemic, political uncertainty, and public concerns about the balance between convenience and data privacy have altered the business climate. Like all companies, law firms must reevaluate and adjust to stay competitive. Technology can deliver key solutions to legal firm challenges. Attract and Retain Legal Talent The Challenge: Law firms depend on quality attorneys to attract good clients. In fact, a recent study showed that nearly half of commercial law firms cite hiring and retaining good lawyers as their greatest challenge. The pandemic highlighted the need for a work-life balance, and

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Law Firm Compliance Challenges Underscore Need for Renewed Cyber Security Focus

By |2023-03-07T16:06:13-05:00February 8th, 2023|Cyber-Security, Data Compliance, Information Governance and Management|

Today’s regulatory environment can feel like a minefield. From SOX to HIPAA, GDPR to PCI DSS and new state privacy laws, complex regulations affect nearly every organization. And for attorneys, the landscape proves especially difficult. Each client potentially brings both sensitive data and additional regulations, adding to law firm compliance challenges. Understand How and When Regulations Apply to Law Firms Law firms occupy a unique position that makes them potentially subject to a wide range of regulations. Like any organization, they must comply with the evolving privacy laws of the state(s) in which they do businesses. However, in addition, they

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Gain Control of Business Data to Reduce Costs, Increase Productivity, Inform Decisions, and Improve Security

By |2023-03-08T13:38:13-05:00February 1st, 2023|Cyber-Security, eDiscovery, Information Governance and Management, Safety and Cyber Security|

If the specter of a data subject access request or an eDiscovery sends your organization into fire drill mode, it is time to gain control of business data. Unmanaged data reduces productivity and hampers decision making. And it creates significant compliance and security risks. On the other hand, organizations that manage data effectively see a measurable return on investment. Reduce Cost and Time of eDiscovery For many companies, the data governance wakeup call comes with a data request for pending litigation. Under a time crunch, the legal team or IT department scramble to locate relevant data spread across various on-premises

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Why Lawyers Need to Understand Shadow Data

By |2023-03-08T13:40:50-05:00January 25th, 2023|Cyber-Security, eDiscovery, Information Governance and Management|

rganizations gather massive quantities of data, using that data to inform decision-making and business strategy. However, while data plays a critical role in business success, it can also increase security and compliance risks. When advising their clients on cyber security, legal teams must take into account the dangers posed by shadow data. In a digital environment dominated by cyber threats and privacy regulations, proactive organizations take great care to protect sensitive data. For instance, healthcare organizations bolster security around their EMR. But they may be neglecting shadow data, the sensitive data that lives outside the EMR, beneath the radar of

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Legal Teams Save Time and Reduce Costs with Early Data Assessment

By |2023-03-08T13:42:36-05:00January 18th, 2023|eDiscovery, Technology|

In the United States, nearly 98 percent of cases settle outside of court. Consequently, streamlining the discovery phase becomes critical, underlining the importance of early data assessment (EDA). As an essential component of early case assessment (ECA), EDA enhances case strategy and delivers substantial time and cost savings. The Importance of Early Data Assessment as Part of Early Case Assessment Early case assessment (ECA) refers to the process of evaluating all aspects of a pending legal case up front to determine risk, project costs and build strategy. As a central component of ECA, EDA involves running a preliminary eDiscovery to

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4 Ways Successful Companies Leverage eDiscovery Trends to Increase Efficiency and Reduce Cost

By |2023-03-08T13:44:40-05:00January 9th, 2023|eDiscovery, Microsoft 365, Technology|

With the data explosion, a distributed workforce and an economy that demands efficiency, legal teams face challenges in 2023. eDiscovery trends such as workflow automation, cloud solutions and other key legal technologies can help. As organizations choose and implement eDiscovery solutions wisely, they unlock significant savings in terms of time and budget. 1. Lay the Foundation with Improved Information Governance With a hybrid workforce, the acceleration of cloud migration and the proliferation of connected devices, document review has changed drastically. For instance, consider the complex data architectures brought on by remote collaboration, including chats, video conferencing and more. Data environments

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Don’t Let 2023 Privacy Law Changes Surprise You

By |2024-03-12T15:17:12-04:00January 4th, 2023|Data Compliance, Privacy|

The wave of privacy regulations continues to gain momentum, with five states enacting new laws this coming year. The 2023 privacy law changes will affect the data operations of thousands of organizations. And business owners should expect even more changes to come. Solid, adaptable data governance will help companies maintain compliance. California 2023 Privacy Law Changes The California Privacy Rights Act takes effect on January 1. It replaces California’s original privacy law, the CCPA, and grants additional rights to Californians. CCPA granted consumers the right to a privacy notice, the right to delete their data and the right to opt

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