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Several years ago at Legalweek (then still Legal Tech), I came up with a question to ask everyone with whom I met. Not to downplay the importance or significance of whatever new version or added features legal tech vendors were there to promote (we talked about that too) but it was more of a way to break up the monotony of them spouting the same answers over and over. Kind of like the movie stars who have to answer the same question from hundreds of journalists when they’re out promoting a movie (the crew was fantastic and we had a great time filming and Tom Cruise is amazing to work with). Plus, these people are legitimately brilliant, so why not pick their brains? They seemed to enjoy the break in the routine. Sometimes the discussions blended well into an article on that topic, sometimes not. In 2020, as Legalweek was held mere weeks before a global pandemic, I had some interesting answers regarding the cloud. It was more accepted than ever and security concerns seemed to have waned. The conclusion I ultimately came to was that most favored a sort of hybrid approach (sound familiar?) between storing data in the cloud and on premises. Then, less than a month later, the pandemic made that question moot as part of the reason many in the legal industry were able to adapt so quickly to remote work was due to the cloud. Pandemic 1, my “brilliant” idea 0.
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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.
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.
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.
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.