More documents to review. Tighter deadlines and cost pressures. And more eyes on those documents. SecureReview protects sensitive data.
Like most organizations, your workforce has shifted from the office to home. In the future, a hybrid workforce will be the norm. Are your documents truly secure?
The transition to work from home dramatically changed legal document review. In-house counsel still expects outsourced providers to uphold strict confidentiality and data security requirements. Meanwhile, hackers have easy access to remote computers. Employees and contractors could leak confidential data. Corporate counsel needs to know that law firms and legal service providers have an ironclad security solution.
Do you really know who’s looking at your most confidential data? Documents travel the globe to employees, contractors, business partners and collaborators.
That’s a lot of opportunity for leaks. WFH creates new cybersecurity hazards.
It’s impossible to lock down all those computers manually and ensure they stay that way. Answer these five questions to find out if your security posture is all it can be.
Join SecureReview for a timely and vital discussion on challenges related to cybersecurity risks. The one hour panel, “WFH Cybersecurity Risk Management from Legal, Business and IT perspectives,” will take place virtually on February 2, 2021 at 11:45 AM as part of Legalweek 2021. Registration for Legalweek is free.
Experts from leading law firms, managed review, hosting and cyber security companies join the CLE session to address cybersecurity risk management in the “Work From Anywhere” world in the COVID-19 era. Click for full press release.
Hanzo provides “Follow-the-link” context between Slack messages and Google Workspace with the new release. Hanzo’s purpose-built discovery solution for Slack extends collection ease to new data frontiers via the follow-the-link feature.
Hanzo Hold has become favored as the “best practice” legal and compliance application to manage Enterprise data within Slack, now allows customers to extend their matter management to G Suite (Google Workspace) data. Starting with “Follow-the-Link,” customers can identify critical Google data nested within Slack threads, messages, and groups, retrieve that data, and combine both Enterprise data sets into a single, surgical export for import into today’s industry-standard review platforms.
Following this initial launch, Hanzo will be adding support for Google Drive, Gmail, and other Google Workspace data sources — with the roadmap accelerating quickly from there. In 2021, Hanzo Hold will be the authoritative source for internal investigations, security checks, legal holds, and compliance archiving across all dynamic, complex content types.
Follow-the-link functionality for G Suite within Slack is just one example of how Hanzo applies its mission by leveraging its deep experience in dynamic data today to help customers manage tomorrow’s data challenges.
“Our customers have come to rely on Hanzo Hold’s comprehensive Slack preservation, early case assessment, and review capabilities,” said Brad Harris, VP of Product at Hanzo. “Now, with the addition of G Suite and our roadmap for Google Workspace, we anticipate efficiencies well beyond initial expectations. We listen intently to the market and rely on our close partnership with our customers to ensure the software is built the way it is supposed to be built – with the customer in mind.”
“Enterprise SaaS applications are in high demand mode, and the risk, legal and compliance challenges that present themselves as this application ecosystem expands are non-trivial,” said Keith Laska, CEO of Hanzo. “Hanzo made a long-term commitment to our Enterprise customers. We’ve pledged to listen, design, and build best-practice application layers for the identification, early case assessment, and exporting of critical data to industry-standard systems hosted by law firms and legal service providers such as Relativity, DISCO, and Reveal Data. This release extends to Slack and the immense ecosystem of Google Workplace instances, where the vast majority of mission-critical data sits.
Contact, Sarena Regazzoni, Hanzo’s director of communications to learn more. 503-407-4208 or sarena@hanzo.co
COVID-19 has fast-tracked strategic workplace initiatives to address a dispersed workforce and digital transformation. I work with Law Offices who are reimagining their workplace strategy with an emphasis on safety and social distancing, flexibility, cost reduction, and employee experience as they balance between back-to-work and work-from-home – the Hybrid Workplace.
Smarten Spaces functionality at a glance:
- Desk & Meeting Room Booking
- Self-Service App > Check out our Interactive App Demo
- Workforce Rostering
- Space Optimization & Management
- Occupancy Control
- COVID-19 Safety Management & automated Social Distancing using your floor plan
- Artificial Intelligence to automatically calculate and suggest the best hybrid schedule and locations
- and more than 60 out-of-the-box integrations for systems automation with Access Control, Building Automation, IoT sensors, and more.
Luminance, the leading artificial intelligence platform for the legal profession, has announced that Delta Capita, a top financial services business, technology consultant and managed services provider, has adopted Luminance’s AI technology to assist them with LIBOR, IBOR and EURIBOR transition projects. Click here for the full Press Release.
It is safe to say that 2020 was a challenging and unprecedented year across all industries, not least the legal sector. Yet our altered ways of working have spawned new innovations and different ways of thinking about “business as usual.” For the legal sector, AI has become a key part of many lawyers’ arsenal, allowing them to rapidly respond to new challenges such as remote working, increased market and economic volatility and complex client demands. As we approach 2021, it is clear that this momentum in the legal sector to embrace all things tech shows no sign of stopping anytime soon.
‘Technophobia’ is no longer a viable excuse for lawyers
The pandemic has accelerated the pace of technology adoption generally, and has also opened lawyers’ eyes to the possibilities that advanced technology such as AI can herald. Technology has moved from being a ‘nice to have’ to a ‘must have’, allowing businesses and lawyers to keep pace with marketplace changes whilst also driving profitability and growth.
Let’s take the example of M&A due diligence- whilst years ago, the number of contracts to review for a transaction was a lengthy yet reasonable task, an explosion in enterprise data has rendered this process practically unfeasible. Indeed, hiring armies of junior lawyers to manually trawl through endless volumes of contracts in order to find a crucial ‘Change of Control’ clause is increasingly becoming recognised as a waste of resources and an inefficient use of legal talent.
And this is where AI comes in: Luminance is able to rapidly read and form an understanding of legal data, instantly surfacing crucial clauses, datapoints and anomalies at the click of a button. Not only does this instil lawyers with the greatest confidence that nothing has been missed in their review, but by enabling them to cut through the admin-heavy, mundane work, advisors are once again able to focus on adding value where it matters: the analysis. As Gavin Williams, Partner at Holland & Knight said to me at a recent Luminance webinar, “Luminance allows young lawyers to push skills faster, resulting in better quality and better work product which is closer to being ‘client ready’ than ever before.”
Another example is the sudden switch to remote working in 2020. With many offices now remote working for the foreseeable future and some organisations reimagining how offices will function after that, it seems that increased remote working or flexi-working is here to stay. Luminance’s easy cloud-deployment and advanced collaboration tools such as the ability to allocate tasks and track work progression are invaluable for the seamless coordination of legal teams. We have had customers such as VdA, Norburg & Scherp and The 36 Group use the tool to coordinate teams in connection with large review projects.
Clearly, the real, practical value of AI can no longer be overlooked and as we enter 2021, it is clear that AI is integral to the infrastructure of all organisations.
Clients expect more- tech is part of the answer
Client demands and expectations have always been high on the agenda for law firms yet increased economic volatility and steepening competition will once again push these demands into the spotlight in 2021. Indeed, recent research by Luminance found that decreased client budgets are the biggest concern for senior lawyers. Clients are increasingly savvy as to the technology that is available to lawyers as well as the benefits in terms of efficiency, insight and cost.
This year, for example, the Dubai office of Dentons were tasked with a time-sensitive review of 200 documents. This number quickly swelled to over 180,000 documents, all of which had to be reviewed in just two weeks. After consulting with their client, Dentons opted to deploy Luminance and were able to review the entire dataset within the timeline set by the client and with huge cost-savings. Results like this show that by embracing technology, lawyers are able to not just meet but exceed the expectations of their clients and this is something that we predict will continue far into 2021.
The year that in-house teams embrace technology
The last few years have seen a growth in the role and scope of in-house legal professionals. Indeed, in-house lawyers are not just subject matter specialists that are only to be consulted on specific legal matters but are instead now expected to play a significant and proactive role in wider legal matters, including ensuring compliance, examining potential business risk and being key members of the corporate decision-making team.
Consistent with this trend, this year there has been a 65% increase in the uptake of our technology by in-house teams in order to streamline work such as the review of outside counsel guidelines, employment contracts and regulatory compliance reviews in the face of data protection regulations such as the GDPR and CCPA. We expect to see a continued acceleration in this trend in 2021, with these lawyers becoming more tech-savvy, efficient and sophisticated in the projects they manage in-house in order to better control costs during uncertain economic times. Recently, we welcomed Featurespace, a market-leader in enterprise financial crime prevention software, as a customer in order to help the company’s in-house legal team to gain more control over their in-house processes.
2021: The year that AI got real in the legal industry?
This year has marked a turning point for the legal industry’s adoption of AI technology. At Luminance, we have seen an astonishing 40% increase in the uptake of our technology since the beginning of the year, with Luminance’s customer base now reaching nearly 300 firms and organisations. In 2021, AI will be a fundamental component of every law firm and business and to that end, the future of the industry.