Legal Project Management: Learning the basics to mitigate project risk

posted in Legal Risk Management

Could you benefit from a better understanding of Legal Project Management? Legal project management is no easy task. Not only does it require meticulous budget and cost controlling, but project managers also need to be able to mitigate risks that could cause the project to fail – be it a contract, merger or acquisition, or a case. Project management is the […]

CASE STUDY: How Vebego got entity management under control

posted in Entity Management, Legal Technology

As legal counsel, staying on top of corporate housekeeping can be your biggest challenge, especially when it comes to entity management. As the central point for managing corporate records, company structure, compliance and risk across multiply entities, you want to be accurate and thorough in all that you do. And this can be hard if your info is spread across […]

AI in the Legal Department: Can artificial intelligence transform your legal operations?

posted in Legal Innovation, Legal Technology

Legal departments are under increased pressure to operate like any other business unit, controlling costs and providing value that affects the bottom line. To accomplish this, legal departments, and increasingly legal operations professionals, are keen to adopt new technologies to increase efficiency and operate more strategically, including those that use Artificial Intelligence (AI). While AI promises to help legal professionals, aside from creating […]

CLOC: Legal Operations need to assess vendors’ cybersecurity

posted in Cybersecurity, General Counsel

Legal Operations need a standard way to assess the cyber-security of third party vendors, including law firms & technology providers, that according to CLOC. In a post-conference report by CLOC (Corporate Legal Operations Consortium), it was noted that legal operations’ knowledge of cyber-security is typically limited. They emphasised that when talking about corporate legal operations and cyber-security, it’s not only about data housed in the company […]

Creating an effective data breach management plan to reduce risk

posted in Cybersecurity, Data Privacy, General Counsel, Legal Risk Management

According to a recent ACC survey, 70% of CLOs rate protection of corporate data and managing data breaches as an extremely or very important issue to address over the next 12 months. What’s more, 27% had experienced a data breach at their organisations within the past two years, up from 23% in the previous year’s survey. Of course, with an […]

CASE STUDY: How GNT Group builds a legal department using effacts

posted in Contract Management, Entity Management, General Counsel, Legal Risk Management, Legal Technology

Along with company growth comes the growth of obligations, and of course risk. That’s why a company starting out as a small local operation and growing into a large multinational soon finds themselves lacking the legal support they need. And then comes the question of how to set up the first legal department and exactly what is required. A perfect […]

Identify a data breach vulnerability and limit liability

posted in Cybersecurity, Data Privacy, Legal Risk Management

As Legal Counsel, you are a key player in your company’s data protection processes. Whether you work alone or in collaboration with Compliance and Data Protection Officers, it is imperative you manage your company’s legal information to minimise legal risk created by cyber attacks and data breaches. Data breaches not only affect your company’s bottom line, but if regulators and […]

The growing role of the GC in preventing data breaches – being proactive, not reactive

posted in Cybersecurity, Data Privacy, General Counsel, Legal Risk Management

Data security is a growing focus for companies and it is no longer just an IT issue. According to a Legal Week Intelligence report, nearly 50% of General Counsel say planning for cyber-security incidents and responding to breaches is now part of their job – a figure that is likely to go up as the role of the GC expands […]

Coping with Brexit and Regulatory Change: how tech can help

posted in Events, General News

On May 1st Wolters Kluwer hosted a half-day event, “The Changing Role of the GC: A Proactive Approach to Challenges in Legislation & Technology,” for over 20 in-house professionals at the BMA House in London. Subject-matter experts shared best practices on dealing with regulatory issues including Brexit and how technology can help GCs assess Brexit-related risks and boost their effectiveness. […]

CASE STUDY: How MSD improves contract management with effacts

posted in Cloud technology, Computable Contracts, Contract Management, Entity Management, General Counsel

For companies operating several departmental databases, there is the prevalent issue of decentralized contract management whereby contract information is scattered around the buisiness. And should a potential investor come along or a merger take place, that issue becomes a big problem – especially for the legal department. This very well could have been the case for Elisabeth Hondius, legal head […]