Peer to Peer Magazine

inside ILTA Play It Again! Are you interested in accessing additional resources related to the themes in this edition of Peer to Peer? There is a wealth of peer-powered knowledge collected on the ILTA website for your listening and viewing pleasure, including conference materials and recordings, podcasts, webinars, articles and more. Take some time to explore the website for information in your areas of interest. Here are some of the great things you'll find at www.iltanet.org: ILTA TV Live! • Security in Law Firms. A New Reality: You Know It's Serious When the FBI Comes Calling (June 2012) Webinars • Facing Today's Advanced Security Threats (11/8/2011) Session Recordings from INSIGHT 2012 • Cyber Crime: Why It's Important to You and Your Business Session Recordings from the 2011 Annual Conference • Data Loss Prevention: What We've Learned from WikiLeaks • Document Security in a Mobile World ROBIN HARDY AUTONOMY, INC. LIZA MADDEN AUTONOMY IMANAGE • Making a Business Case for "Risk Reduction" Projects • Risk Management for Administrative Records • Securing Your Virtual Environment Risky Business Walking a Fine Line ILTA White Paper October 2011 M 6 Risky Business Six Key Areas of Intelligent Legal Information Management eeting risk and regulatory demands, while properly managing the explosion of multichannel content such as rich media and social network interactions, has elevated information governance to a critical business function in corporate legal departments and law firms. The increase in global business transactions proves the ILTA White Paper need to empower a mobile workforce, yet this added agility must occur in a way that is compliant with laws, regulations and security guidelines. The pressure to compete, provide superior customer service and work in real time makes it critical that technology solutions provide not just more data, but more answers. As we've always known, technology should work for us, not the other way around. UNDERSTANDING ALL CONTENT AND INTERACTIONS 10 mar jun issue 1 volume 26 At the heart of the compliance challenges facing corporate counsel and law firms is the need to understand the meaning of all content and interactions generated in the course of doing business. Knowing what is contained within the data is vital to ensuring control, visibility and legal defensibility over the information. Although most organizations have defined policies regarding electronic information and communications, there are often gaps in firmwide, real-time policy management and monitoring. These gaps point to the need to choose compliance solutions that can prevent deletion of data relevant to litigation, loss, leakage of confidential information, regulatory violations, errant electronic actions and malicious employee behavior. By leveraging the latest technologies and best practices, counsel can proactively govern all information and interactions, whether they originate from inside or outside the organization. Addressing these needs, today's technology sep dec solutions offer intelligent indexing and analytic capabilities that provide the answers we need, perform intelligent legal information management and maximize the value and usability of the ever- expanding volume of information. There are six main areas of legal information governance that law firms and corporate legal departments should address: • Cloud Computing: The shift from on-premise software to on-demand, cloud-based options can help businesses lower costs and mitigate risk, while defensibly enforcing comprehensive information governance across the enterprise. Publications • Risky Business White Paper (October 2011) • Risky Business Peer to Peer (March 2010) Trends Shaping Risk Management Strategic Unity ILTA 2010: A Strong Defense • Modern Malware: What Is It and How Do We Combat It? Articles Business Risky gaping holes lead to disaster • Mobile Computing: Supporting the mobile workforce helps businesses keep pace with the increasingly portable nature of business, allowing workers to conduct business at any time and from any location. • New Business Intake and Conflicts Management: Automating the process of conflicts checking at new business intake can ensure the process occurs accurately and thoroughly, and is integrated firmwide, to avoid gaps that can occur when processes are not fully integrated across the organization. Lateral Hires Manage BC/DR Planning Do It Right! • Discovery and Legal Holds: The ability to apply legal holds with speed, efficiency and accuracy regardless of format, language or source is the only way to ensure complete legal defensibility when litigation arises. • Real-Time, Policy-Based Management: Applying and enforcing policies in real time ensures compliance across every area of the organization. • Social Media Governance: Extending information governance to include social media enables the organization to monitor and govern internal and external interactions, such as those occurring over social media networks. As your firm is reviewing the governance policies associated with each of these areas, there are best practices that you can apply to help reduce risk. www.iltanet.org Risky Business 7 Practical Law Handbooks • PLC Data Protection Handbook 118 Peer to Peer • Trends Shaping the Future of Legal Risk Management (Peer to Peer, March 2010) • Six Key Areas of Intelligent Legal Information Management (White Paper, October 2011) • Safer Cloud, Better Practice: Ten Cloud-Computing Considerations (White Paper, October 2011) • Managing Information Risk with Lateral Hires and Lawyer Departures (Peer to Peer, March 2010) ILLUSTRATION BY THOMAS BOUCHER, ALL RIGHTS RESERVED

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