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The Benefits of Blockchain for e-Discovery and Data Preservation
Originally developed as the foundation for cryptocurrencies like bitcoin, blockchain technology's potential extends far beyond digital currencies. Its decentralized and secure nature makes it a transformative tool for data preservation and management across various fields, including health care, supply chain management, asset administration, banking, and financial markets.
Traditionally, e-discovery has relied on centralized systems and methods for gathering data. These systems often face challenges related to data security and integrity. Blockchain technology, however, will transform this landscape significantly. Unlike centralized systems, blockchain offers a decentralized ledger that records all transactions from its beginning in a secure and transparent manner. This ledger serves as an indisputable chain of custody, providing enhanced protection against data spoliation and ensuring that all changes are permanently recorded and traceable.
As businesses across various industries increasingly adopt blockchain, it will become a critical source of discoverable electronically stored information (ESI). The potential benefits of blockchain for e-discovery and data preservation are substantial, making it an area of growing interest and importance.
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How Secure Is the AI System Your Law Firm Is Using?
What Law Firms Need to Know Before Trusting AI Systems with Confidential Information 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.
COVID-19 and Lease Negotiations: Early Termination Provisions
During the COVID-19 pandemic, some tenants were able to negotiate termination agreements with their landlords. But even though a landlord may agree to terminate a lease to regain control of a defaulting tenant's space without costly and lengthy litigation, typically a defaulting tenant that otherwise has no contractual right to terminate its lease will be in a much weaker bargaining position with respect to the conditions for termination.
Pleading Importation: ITC Decisions Highlight Need for Adequate Evidentiary Support
The International Trade Commission is empowered to block the importation into the United States of products that infringe U.S. intellectual property rights, In the past, the ITC generally instituted investigations without questioning the importation allegations in the complaint, however in several recent cases, the ITC declined to institute an investigation as to certain proposed respondents due to inadequate pleading of importation.
Authentic Communications Today Increase Success for Value-Driven Clients
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.
The Power of Your Inner Circle: Turning Friends and Social Contacts Into Business Allies
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.