Law Firms/Legal

How Information Technologies Have Influenced IT Risk Management

IT risk management is a way of assessing, controlling, and identifying threats to a company’s earnings and capital. Such risks stem from various sources such as legal liabilities, financial uncertainties, natural disasters, strategic management errors, technological issues, and accidents. Moreover, effective risk management enables legal firms to look into potential threats. It also analyzes the…

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Benefits Of Third-Party Risk Management Technologies For Legal Firms

Eliminating data breaches is vital for the legal industry; therefore, businesses in it need third-party risk management solutions. This is because law firms manage highly sensitive and critical data like trade secrets, deals, acquisitions and mergers, trademark applications, and non-public information. However, law firms mostly require third-party vendors to perform critical activities like cloud storage,…

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How Technology Can Enable Better Legal Risk Management

As General Counsels, you’re asked to provide dependable and credible legal risk management solutions. This includes evaluations of legal opportunities and risks facing organizations. However, it can be quite hard to gather a reliable overview of an organization’s legal risks. This is because data is mainly hidden on different emails and hard drives. The legal…

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The Importance of Business Continuity Planning In Today’s Modern Landscape

When it comes to business continuity planning, studies have shown that 75% of small and medium-sized enterprises have no ready-to-go “disaster recovery” plan objective. Disruptive events are rarely forecasted and can adversely affect revenue inflows. Legal firms are particularly vulnerable to these events given the volume of sensitive information they typically store. Legal entities can…

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What Is Legal E-Discovery?

Legal electronic discovery (legal eDiscovery for short) is when electronically stored information (ESI) is collected, reviewed, and tagged systematically to be used in court cases. This process is vital because legal firms go through a lot of documents daily. Managing documents is a time-consuming task as they need to be scanned and tagged, data has…

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Everything You Need to Know About Law Firm Data Security

For any law firm, data security should be of the utmost importance. According to a 2019 survey, 26 percent of law firms stated that they experienced data breaches of some form or another. This is why lawyers, who often have access to sensitive client information, must use the latest cybersecurity technologies to prevent data breaches…

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Can Private Cloud Storage Help Boost A Law Firm’s Performance?

Private cloud storage is a tool that many law firms often consider due to the massive amounts of data legal professionals require when working on cases. Moving to the cloud can ensure more dependable, efficient, and collaborative workflows for lawyers who need quick and reliable access to their data, often from different locations. That’s why…

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Legal Outsourcing Services For IT – What’s Right For Your Law Firm?

Is it a good idea to use legal outsourcing services for your SMB law firm? Yes! Chances are that your law firm is already stretched on resources, and outsourcing certain services and roles such as litigation support staff can help you streamline many tasks. Also, when it comes to sourcing, recording files, and electronic discovery…

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Bridging the Gap Between Enterprise Law Firms and SMB Law Firms

A large, nationwide law firm undoubtedly has an advantage over smaller firms, not only in the types of clients they attract and the benefits they offer but also in the kind of law firm tech support they often have. Smaller legal firms must contend with more sacrifices when it comes to improving efficiency because they…

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Use Of Technology In The Legal Industry

  The recent and continuous advancements in technology are constantly transforming the ways most industries function, and the legal industry is no different. Like all other markets, the legal sector is subjected to external forces and is often re-shaped by the fluctuations in supportive technology. Let’s talk about how the impact of technology innovation in the…

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