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With global financial insecurity prompting businesses to tighten their belts, every corporate department is trying to do more with less. IT is no exception. But the explosive growth of Big Data makes it harder than ever for IT to both manage its enterprise technology infrastructure and support the business's operational and strategic needs. In addition, new federal, state, and international regulations governing data privacy and security have complicated data management.
Legal teams lean on IT for support with discovery, legal holds, and data subject access requests (DSARs). But while every additional project saps IT's budget and resources — which are already stretched thin — interdepartmental collaboration offers an opportunity to stretch the organization's overall technology budget. IT teams that work with other internal business units can better contain costs, address data challenges, and improve governance by taking advantage of the cloud marketplace.
|Despite budget constraints and cost-cutting initiatives, organizations striving for growth still need to acquire software. Fortunately, cloud marketplaces like AWS, Google Cloud, Microsoft Azure, and Red Hat are revolutionizing the technology procurement process, offering a range of curated third-party solutions for every industry and business function.
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In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
Most of the federal circuit courts that have addressed what qualifies either as a "compilation" or as a single creative work apply an "independent economic value" analysis that looks at the market worth of the single creation as of the time when an infringement occurs. But in a recent ruling of first impression, the Fifth Circuit rejected the "independent economic value" test in determining which individual sound recordings are eligible for their own statutory awards and which are part of compilation.
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.
Regardless of how a company proceeds with identifying AI governance challenges, and folds appropriate mitigation solution into a risk management framework, it is critical to begin with an AI governance program.
As the relationship between in-house and outside counsel continues to evolve, lawyers must continue to foster a client-first mindset, offer business-focused solutions, and embrace technology that helps deliver work faster and more efficiently.