As lockdown restrictions ease and the practical implications of what ‘return to work’ actually means are considered, law firm leaders are working to identify the priority areas that need their attention.
For today’s law firms and legal providers, knowledge is everything. Think about it - almost every client interaction from your firm relies on some form of knowledge, whether it be legal knowledge, client knowledge or organisational insights.
COVID-19 has highlighted many things but the current approach to this Coronavirus outbreak has highlighted how important good data, thorough data collection of available data and strong data management is.
As legal professionals at all levels—in-house corporate attorneys and outside counsel alike—assist their organizations and clients in complying with substantial, global changes to the way personal data is regulated, there is one area that is sometimes overlooked: third-party data ownership.
Many business challenges—such as complying with privacy laws or implementing robust data minimization policies and procedures—now span organizational units. In terms of legal and compliance, those challenges break down primarily into three major threats:
Following on from part 1, the focus in this post is on specific consolidation scenarios followed by an invite to a webinar on Thursday 18th June on Consolidated Reporting at 14:30 GMT (1.30 PM). We will include On-premise, Azure Cloud and Consolidated Report samples in the Webinar. The target audiences are Law Firms and Systems Integrators.
Download the PDF to see our detailed findings gathered during the first quarter of 2020 from our network of contacts and ILFM members who are currently working within the accounts teams of Central
London Law Firms.
Humans, generally speaking, do not enjoy change. Our desire to avoid it is well documented. Most of us will walk the same route to work each day. We will order our favourite food from a takeaway restaurant, rather than try something new. We find the familiar comforting. However, most of us are also aware that change is necessary. Essential even.