Described by some as the “new oil” for the digital economy, there is no doubt that data are now seen as critical for organisations to succeed. Data affect all businesses and industries, and dealing with data is an issue for the whole business as it affects every team within an organisation. Continue reading

Securing the “new oil”: seizing the opportunities in an age of increasing data regulation

What’s on the agenda for in-house lawyers in February 2018?
Key items on the agenda for businesses this month include the expected publication of secondary legislation on corporate governance reform and the deadline for responses to the FRC consultation on proposed revisions to the UK Corporate Governance Code.

Legal operations comes to London: key messages from the CLOC EMEA Institute’s inaugural London conference
CLOC EMEA Institute held its first London conference on 23 January 2018.
Since its formation in the US in 2009, CLOC has grown exponentially: see Blog post, The emerging disruptor: the legal operations team. Its forthcoming headline event in Las Vegas is expected to be attended by 2,500 people visiting 90 curated sessions.
Last week’s UK event was likewise action-packed, with sessions focusing on how attendees have applied aspects of CLOC’s twelve core competencies (from knowledge management through vendor management to data analytics), and exploring how legal operations professionals can assist in managing current high-profile issues such as GDPR implementation and the application of AI in the legal workplace.
For those unable to attend either event, here is a summary of the key takeaway points from last week.

Ask Bruce: answers on personal development for in-house lawyers
Bruce Macmillan, Founder Director of The Centre for Legal Leadership, answers questions on the personal development of in-house lawyers.
What are the available options for an experienced in-house lawyer who is considering their next career move (I’ve worked in-house for ten years)?

3VB’s key finance cases of 2017
Now that 2017 is in the past, we have the chance to look back on what proved to be an eventful year in our appellate courts, which generated a number of noteworthy decisions in banking cases.

Four months to go: new GDPR content on Practical Law
As our recent GDPR compliance market survey showed, many in-house lawyers are not feeling confident about their organisation complying with the GDPR by 25 May 2018, a considerable number pointing to a lack of management buy-in. Continue reading

Corporate mindfulness for lawyers: live webinar
On 22 February 2018, Practical Law will host a webinar on corporate mindfulness for lawyers, looking at the research on factors that drive performance and presenting the case for corporate mindfulness as one of the most promising protocols for boosting efficacy in legal settings.

Brexit: December 2017 round-up
The breakthrough in Brexit negotiations which enabled the European Commission to recommend that sufficient progress had been made to proceed to the next phase of Article 50 negotiations was by far the most significant development in December.

LawTech: what can be digitised will be commoditised
“Although automation is having an impact on legal services, LawTech is lagging behind other sectors, such as FinTech and RegTech.” This was one of my key takeaways from a recent AI for professional services event that helped contextualise the progress that the legal sector has made in adopting new technology.

Ask Bruce: answers on personal development for in-house lawyers
Bruce Macmillan, Founder Director of The Centre for Legal Leadership, answers questions on the personal development of in-house lawyers.
I am a five-year qualified lawyer who has worked in private practice my entire career and I’m now contemplating moving in-house. Do you have any advice before I commit myself to an in-house role?