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The economic landscape is always changing and will continue to evolve in 2023. We are already seeing the legal industry take preventative measures to stay ahead of a potentially hazardous economic and financial outlook including delayed new hire start dates, hiring freezes and even layoffs. Still, innovation and optimization within law firms can’t just stop, and their chief information officers will be tasked with making technology procurement decisions both to support current organizational goals and to ensure their firm is prepared for the future.
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The Importance of Cyber Vigilance: Control Liability and Litigation Exposure
By Brandon Hollinder
This article covers cyber trends and tips for organizations to explore in order to be better equipped to anticipate and respond to cyber incidents before a devastating breach occurs. The outcome? Diminished chance of class action activity, compliance violations, lost business, and mounting costs.
Fighting Cybercrime With Cyberaccounting
By Sharon L. Levin and Bruce DeGrazia
As cybercrime intensifies, it is revealing a skills shortfall among those who defend our financial infrastructure. It has become critically clear that we need to radically rethink the way we prepare our frontline defense to include more experts with both technical savvy and accounting expertise. In other words, we need an army of cyber accountants.
Experience Management: Platform vs. Best of Breed
By Jason Noble
Should your firm buy into a platform and capitalize on those efficiencies and integrations, or should you go “best of breed,” seeking out the best solutions for each business problem your firm is trying to solve with technology and create integrations where needed? Here are some thoughts on the platform versus best of breed paths when it comes to experience management.
Next On AI’s Agenda, Regulatory Scrutiny
By Gretchen L. Jankowski and Abigail L. Cessna
While some jurisdictions are enacting or proposing AI-specific regulation, many existing regulatory frameworks apply to new technologies, including antitrust. Companies may experience different potential antitrust risks depending on the type of AI technology and their use of that technology.
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