Must see articles for the week of January 19;
Deconstructing Big Data through Data Science by Paul Starrett. Because law and technology are traditionally strange bedfellows, legal professionals often fail to see the broader context of technology because we are in the weeds with individual clients. I would recommend this common-sense, plain language article that defines big data as part of any technology training. Although most lawyers have encountered big data vis-a-vis eDiscovery, Starrett gives you a high-level understanding of how managing data through modern technology affects the larger business context.
Is Law Firm Data Safe in the Cloud? By Aaron George. The business of law is currently torn between the possibilities (access, cost, etc.) of the cloud and the tempered hysteria of cyber-security. As lawyers, we are hard-wired to manage risk and progressing toward cloud-based solutions forces us to challenge the efficacy of developing resources. George sets a great foundation/structure for considering and questioning the benefits of the cloud for any practice.
Data Analytics as an Emerging Tool for Compliance and Legal Risk Management by Bill Schiefelbein and Anthony J. Diana. Enterprise risk management (ERM) as a holistic approach to managing corporate risk and compliance is evolving along with emerging legal technology and advanced analytics allow organizations to “see” more deeply and substantively into their business and industry. This article explores how inside counsel is meeting the challenge of exploding institutional data and how technology is being applied to specific challenges.
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