The rapid growth of privacy risks and regulations has created a flurry of hiring, but a confusing mishmash of titles and roles, like chief privacy officer and data protection officer. As these roles develop and diversify, and the governance structures of the teams in which they are housed evolve, misunderstandings about privacy professionals’ responsibilities – and how they should work together – can lead to inefficiencies and even regulatory risk. In this guest article, Reed Smith partner Tyler Thompson and associate Talia Boiangin discuss certain roles within the privacy function, reporting structures and interactions with other stakeholders. They also offer guidance on building a cohesive privacy program. #Privacy #Data #EmTech
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We uniquely combine our IP, data, and information technology capabilities to protect the information and innovation at the heart of our clients’ businesses.
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https://www.reedsmith.com/en/capabilities/services/emerging-technologies
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Updates
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Law360 published an article by Courtney Horrigan, Stephanie Gee, and Victoria Thorp detailing new regulatory scrutiny of AI and its impacts on D&O liability coverage. #AI #EmTech
How D&O Coverage Can Aid Against Increased AI Scrutiny - Law360
law360.com
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Reed Smith Tech reposted this
Reed Smith is pleased to announce that we’ve again achieved top rankings from the Financial Times in its annual North America Innovative Lawyers Report 2024 - https://lnkd.in/exTQgGgV In its 2024 Report, the FT called our global Life Sciences and Health Care Industry Practice Group a “Stand-Out,” its highest tier, for advising on reproductive and maternal health care issues. We were “Highly Commended” in the AI Strategy category, highlighting the firm’s multifaceted explorations of generative AI and GenAI and Intelligence Augmentation systems. Our powerful due diligence tool for vetting global corporate vendors was “Highly Commended” in the Digital Legal Products category; while our automated, tailored, interactive Data Inventory Survey Tool was “Commended” in the Using Data category. Last but not least, we were a “Law Firm of the Year” finalist at this year’s FT Innovative Lawyer Awards for the second year in a row. #Innovation #LegalExcellence #AI
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Gerard Stegmaier was recently quoted on a Financial Times article on law firms in the US that are adapting to address emerging legal risks from technological advancements like generative AI, cultural workplace issues, and increased regulatory enforcement, using innovative tools and interdisciplinary expertise to stay competitive and proactive. Gerry commented ‘’As existing legal risks, such as regulatory compliance, grow more complex, and new risks emerge, such as those brought on by the advent of generative AI, many firms are also creating new practices to focus on these subjects.’’ He adds: “Lawyers who are familiar with and expert in AI and the other skills required for excellence will be much better positioned to adapt to change now and in the future.” Click below to read the full article. #artificialintelligence #techlaw
Law firms adapt to cover expanding legal risk
ft.com
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Gerard Stegmaier was recently quoted in a VKTR.com article on how fair-use law remains a pivotal yet unresolved issue in the AI industry, with courts examining whether using copyrighted data to train AI models constitutes fair use. Gerry Stegmaier highlighted the tension between creators fearing market threats to their work and a legal framework that favors broad accessibility, noting, “Fair use furthers those purposes” and that copyright law protects creative expression, not merely the act of creation. Please click below to read more. #artificialintelligence #fairuse #techlaw
What AI Executives Need to Know About Fair-Use Law
vktr.com
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An article summarizing Reed Smith's "Discovery Crossfire" debate-style webinar on AI issues in e-discovery, hosted by Therese Craparo, Anthony Diana, David Cohen and Kiriaki Tourikis, was published in Legaltech News. During the webinar, our speakers debated key issues surrounding generative AI in e-discovery, including the use of third-party AI tools, the obligation to preserve AI interactions, and the role of ESI protocols. Participants debated on whether AI tools should be used without consent, the preservation of AI-generated data, and the effectiveness of ESI protocols in ensuring compliance and efficiency. They also discussed the challenges of preserving cellphone data through legal hold notices, balancing privacy with preservation needs. A copy of the article can be found below. #artificialintelligence #ediscovery #legaltech
4 Controversial Issues Complicating the E-Discovery Space
law.com
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Anthony Diana will co-chair a groundbreaking program for Practising Law Institute (PLI) that focuses on the cutting-edge ethical issues arising from the use of AI in legal practice. This program will explore the evolving ethical challenges that AI presents, including compliance with professional rules, protecting client confidentiality, and developing best practices for effective communication with clients and courts. To find out more, please click the link below. #AI, #legalethics #techlaw
AI Ethics: How to Achieve Compliance in the New World 2024 | Events | Reed Smith LLP
reedsmith.com
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Curious about AI's role in professional liability insurance? Tune into the latest episode of our AI explained series, where insurance recovery lawyers Laura-May Scott and Emily McMahan discuss AI-driven legal work, its benefits and drawbacks. Listen now. #AI #AIexplained #UKInsuranceRecovery
🎧Listen now: https://lnkd.in/ewmiaTkD - Dive into the future of AI and professional liability insurance with the latest episode of our AI explained series! Reed Smith’s lawyers Laura-May Scott and Emily McMahan from Reed Smith’s Insurance Recovery Group explore AI's transformative impact on the UK insurance market. Learn how to integrate AI effectively, manage its risks and maintain transparency. #AI #AIexplained #UKInsuranceRecovery
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Peter Emmi was a guest on Mergermarket's Dealcast: M&A Tales podcast, joining Dealcast host Julie-Anna Needham and Aurelia Seidlhofer, Mergermarket’s Senior Germany, Austria and Switzerland (DACH) correspondent, to discuss the risks around dealmaking, including AI systems generating hard-to-spot mistakes or copyright issues, as well as some of the opportunities. Click below to list to the episode. #AI, #MandA, #Dealcast #cybersecurity https://lnkd.in/e6v-R-Az
Companies vulnerable to hacks in post-close period | Perspectives | Reed Smith LLP
reedsmith.com
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Reed Smith Tech reposted this
We’re excited to share that Reed Smith has been recognized in the 2025 Chambers FinTech legal guide, achieving Band 1 rankings for FinTech Legal in Singapore and distinction in the UK. Congratulations to our talented fintech lawyers, including Hagen Rooke (Band 1, Singapore), Nick Stainthorpe (UK-wide), and Bryan Tan (Singapore), for being individually ranked. This recognition is possible because of our incredible clients who trust us to deliver impactful solutions. Thank you for your feedback and collaboration! Read here for the full listing: https://lnkd.in/eNxthck4 #FinTech #LegalExcellence #ReedSmith
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