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Legal Departments Falling Behind in IT Investment

Information Technology Investment
Posted on January 18, 2019 by | C-Suite, In-House Counsel, Information Technology IT, Legal Departments | No Comments

As in-house legal departments face growing C-suite pressure to be more involved with corporate strategy, many general counsel find they lack the technology needed to move their departments beyond repetitive tasks. Surveying roughly 300 in-house legal teams, across nine countries, a new study finds 60 percent of respondents believe their legal function is ready to adopt technology that can carry out routine tasks. But only 56 percent of respondents thought their departments are spending enough on technology to improve efficiencies.  At the same time, the imperative to invest is growing, amid a tighter regulatory environment, mass globalization of business, and […]

Regulatory Focus on Data Privacy Grows, But Is It in Time?

Posted on January 15, 2019 by | Big Data, California Consumer Privacy Act, Cybersecurity, Data breach, Data Privacy, GDPR | No Comments

The enactment of more stringent data privacy laws by states and foreign governments is prompting a more unified approach by the federal government, beyond the industry-specific regulations that dictated past approaches. Congressional response follows the European Union’s May 2018 implementation of the General Data Protection Regulation. Read more.

New Law Guides M&A Investment and Security Priorities

Posted on December 13, 2018 by | CFIUS, M&A | No Comments

The Foreign Investment Risk Review Modernization Act, which was passed in August, will cast a wider net over the mergers and acquisitions playing field. The new law reflects the most substantive change in more than a decade to the process in which acquisitions receive approval from the Committee on Foreign Investment in the United States. The new reporting requirements could turn disclosures of these deals into a more complex and time-consuming task, experts say. Read the full report.

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