Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

My New BFF Is a Smart VDR

BY Tinamarie Feil
November 02, 2015

My Dear SmartRoom, you are my new BFF (best friend forever)! You are a smart, secure VDR (virtual data room) that was first conceived to securely host due diligence documents for an expedited Chapter 11 asset sale of multiple properties with multiple potential bidders. Why do I love thee now, more than ever, my trusted, always there, friend? You are secure, I can reach you whenever and whereever, and your features continue to evolve making you better almost every time I see you. You help me to provide more efficient, valuable service to my clients.

I know I must take care. As files have transitioned from paper to digital over the last decade, companies have had to adapt and find new ways to share those files. Consumer platforms like Google Docs, DropBox, etc. are being used by individuals, companies and their professional advisers for sharing digital files. But that means those files can be shared with others, copied endlessly, and accessed by and from the most unsavory of characters and places. Oh, what a security nightmare! I can hardly believe some get so carried away by the excitement of sharing data that they forget about security. Little do they realize that ease-of-use and security are mutually exclusive in most of those consumer file-sharing platforms. So, while one may be able to share a file with another party quite easily, what that party does with that file thereafter is anyone's guess. How wonderful that you offer the security and reporting capabilities to properly account for a file once it has been shared. I especially love that you can remotely detonate a document! It reminds me of the old mission impossible.

Restructuring Securely

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models Image

Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.

Hyperlinked Documents: The Latest e-Discovery Challenge Image

As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.

Identifying Your Practice's Differentiator Image

How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.

Risks and Ad Fraud Protection In Digital Advertising Image

The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.

Turning Business Development Plans Into Reality Image

This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.