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Legal

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Community Posts

Our Procurement team is helping the Legal team find electronic billing solutions for legal services. We've identified three options: Brightflag, Thomson Reuters (Legal Tracker), and Mitratech. Could anyone share their thoughts on these solutions? Specifically, we're interested in knowing if Brightflag is an AI-based solution and if it truly improves efficiency without any issues.

Does anyone have experience vetting and implementing AI legal contract review solutions? In some research from Gartner, it seems they have identified a few vendors: BlackBoiler, Lawgeex, LexCheck, Legartis, Summize, etc. Wondering if anyone has experience - positive or negative - with any of these solutions?

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Has anyone used an automated security questionnaire tool that also utilizes a nice trust center? It would be great to hear your reviews of the tool.

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Is your business worried about friendly fraud?

Yes78%

No21%

Anyone using ServiceNow as an ERP system? What functions and areas are covered and processed in this system?

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What are your thoughts on SaaS management platforms (SMP)?

Are there any recommended documentation, insightful tips, or refined strategies available to expedite decision-making within the AI Governance Board, all while ensuring the secure preservation of company intellectual property? Managing an AI Governance Board predominantly comprised of legal experts across various domains, including Legal, Ethics, IP, and Procurement, with minimal representation from the IT sector, presents distinct challenges. Effectively persuading non-IT members to consider measured risks in AI proposals demands a strategic approach.

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Is anyone elese having challenges with the complexity in setting up a Purview search, and how long it takes to get those results back? (I am seeing hours and days). What are you seeing and are there ways to speed this up?

We're currently using an old version of Diligent Board software and are exploring alternatives like Boardworks. Can anyone provide a comparison of Diligent Boards and Computershare Boardworks?

What are your thoughts on the "Twitter Files" and how this might interact with data privacy regulations?

What is stopping your company from automating your accounts receivable process?

Unsure what technology is available17%

Unsure we could implement it33%

Resistance to change41%

It could negatively impact customers24%

People could lose jobs16%

Our AR process is too complicated15%

Cost18%

Nothing, we have already automated our accounts receivable15%

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Which digital contract lifecycle management tool is your organization leveraging?

Agiloft7%

Conga24%

DocuSign CLM (SpringCM)39%

Apttus5%

Ironclad3%

Coupa (Exari)4%

Other (discuss below)15%

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What do folks think about this ? https://www.cpomagazine.com/data-protection/hm-hit-with-e35-million-gdpr-fine-for-profiling-private-lives-of-employees/

So many useful things to learn from looking at this .... here are just a few obvious ones.

1) Rogue management team collecting employee information

2) Mismanaging the storage of that information so that it was vulnerable

3) A breach of the data that never should have been collected

4) A fine for GDPR violations and one for employee data not consumer ...

Finally - What about covid19 return to work processes, data collection, use, storage, security, ect ... if your not already on top of making sure your doing privacy and security right for this ... your WAY BEHIND !

If these companies were affected then the foundation of computing could be at risk. If you could manipulate at the hardware layer via the firmware, BIOS, ect then a threat actor could weaponize well below the operating system which brings in to question the integrity of the entire computing stack and everything above it. The firmware and bios are like the rebar and concrete for a building. If that foundation is weak then the entire structure and anything dependent on it is at risk. We cannot underestimate the potential or the severity of these companies being potentially affected by the SolarWinds hack and what that means for the foundational computing hardware they provide to the world. What do others think ? How could this impact your organization ?

Big tech companies including Intel, Nvidia, and Cisco were all infected during the SolarWinds hack - The Verge

What will be the major legal or compliance hurdles for your organization in 2020?

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How do others conduct phishing tests ? Do you punish employees when they fail ?
https://www.scmagazine.com/home/security-news/phishing/insensitive-phishing-test-stirs-debate-over-ethics-of-security-training/