What's LEXTALK WORLD?
Click Away Creators have established LexTalk World as a 360-degree media solution for the Global Legal Industry.
LexTalk World brings together a number of innovative platforms for Legal Professionals to Connect, Learn & Grow.
International Conferences: LexTalk World hosts conferences for International Legal Fraternity to facilitate congregation of all Legal Industry experts, professionals and business owners in one platform which further facilitates knowledge-gathering, business networking and also understanding the way the Legal Industry is heading in the near future with changes in the business with the adoption of modern high-end technology, understanding different parameters in the Legal Industry regarding data security, e-discovery, remote sourcing of data and information, changes in the way of Legal practice and Legislations, etc. It is an ideal platform that will cater to individuals who are either part of practicing firms, individual practitioners, corporate sector, vendors, and government agencies.
Web-Conferences: These Web-based Conferences would involve extremely engaging conversations and knowledge sharing from some of the finest Global experts in the Legal World as it is evident from our previous webinars (https://www.lextalk.world/web-conferences). The web seminars would not only be a treasure trove of information, but it would also give direction towards the Industry and amplify the future especially with the merging of cutting edge technology.
Vlogs & Interviews: The objective of the same would be to enable the Legal fraternity to understand the individual perspectives of distinct Legal Experts from across the world where they would share their mind space and their years of experience and expertise on a wide variety of subjects related to the Legal Industry and also on adoption of critical yet game-changing technology for the benefit of mankind.
Blogs & Web-Stories: Covering the current trends, news, information and ‘what’s fad’ in the world of Legal World and Legal Technology. The blogs and web stories would be with the objective to upgrade the knowledge and information on the latest developments in the Legal World.
LexTalk World Magazine: A pet initiative from ClickAway Creators. The quarterly printed magazine along with the monthly online fully digital magazine would be the food for thought of the entire legal Industry. The magazine would constitute news, views, articles, an excerpt from already published blogs, web seminars, information, on every aspect of the Legal Technology sector from across the world. There would eminent writers, experts, practitioners and even Lawmakers who would contribute to enabling a genre of Legal professionals to brew a storm on the coffee cup. For the vendors, this magazine would be an ideal connection to the Industry and the world to showcase their product line and services making it the one-stop marketing platform to create brand awareness and sell their products and services.
Key Legal Concepts & Practices
Unraveling the aspects of key concepts and their practices in the field of Law. Governance describes the overall management approach through which senior executives direct and controls the entire organization, using a combination of management information and hierarchical management control structures. Governance activities ensure that critical management information reaching the executive team is sufficiently complete, accurate and timely to enable appropriate management decision making and provide the control mechanisms to ensure that strategies, directions and instructions from management are carried out systematically and effectively.
Risk management is the set of processes through which management identifies, analyzes, and, where necessary, responds appropriately to risks that might adversely affect the realization of the organization's business objectives. The response to risks typically depends on their perceived gravity, and involves controlling, avoiding, accepting or transferring them to a third party, whereas organizations routinely manage a wide range of risks (e.g. technological risks, commercial/financial risks, information security risks, etc.
Compliance means conforming to stated requirements. At an organizational level, it is achieved through management processes which identify the applicable requirements (defined for example in laws, regulations, contracts, strategies and policies), assess the state of compliance, assess the risks and potential costs of non-compliance against the projected expenses to achieve compliance, and hence prioritize, fund and initiate any corrective actions deemed necessary.
GOVERNANCE, RISK MANAGEMENT & COMPLIANCE
AI technologies, especially machine learning and natural-language processing, are already impacting the legal sector. Whilst nobody claims that AI will replace the role of lawyers any time soon, a 2016 report by The Boston Consulting Group predicts that technological solutions could perform up to 50% of the tasks currently carried out by junior lawyers. Just as other industries have been disrupted by digitalization and smart technology, the business model of a law firm suggests that, combined with a fragmented industry and pressures on legal process management, AI will have a large effect on future legal practice. Other important topics shall be AI’s current application worldwide, its impact on the Legal World and the way to the future. Impact on the Legal Industry engaged in consulting, research, litigation processes, statutory obligations, etc. A sneak peak focus on AI would be ease of doing business, cost-effectiveness, faster analysis and decision making, uniformity of AI across the Globe and a lot of other allied areas.
Maximizing the Cloud and improving the hybrid approach as efficiency and greater accessibility continue to take priority; the legal industry is increasing their cloud usage. However, with growing pressure to reduce costs and adhere to client needs, is moving to the cloud the right move for you and which model works the best for your organization. Examining the risks and benefits of moving major enterprises to the cloud, considering the hybrid model and how this approach can allow firms to cater better to client needs, anticipating trends within cloud adoption and implementation models to help identify the future relationship between the cloud and the legal industry, addressing security and data access challenges associated with cloud technology, identifying strategies that legal departments and law firms can incorporate to help mitigate risk factors and ease client fears surround data access, pinpointing key safety measures cloud service provides which in the future can help calm legal department and law firm fears.
CLOUD SOFTWARE & SYSTEMS
Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court. The focus on this will revolve primarily on the complexities,
bottlenecks, standardized and customized solutions.
E-Discovery refers to discovery in legal proceedings such as litigation, government
investigations or freedom of Information Act requests, where the information sought is in electronic format (often referred to as electronically stored information or ESI).
Electronic discovery is subject to rules of civil procedure and agreed-upon processes,
often involving review for privilege and relevance before data are turned over to the
Electronic information is considered different from paper information because of its
intangible form, volume, transience and persistence. Electronic information is usually
accompanied by metadata that is not found in paper documents and that can play an important part as evidence (e.g. the date and time a document was written could be
useful in a copyright case).
As our businesses become more diverse and complex, our prized possession is the data that needs proper preservation, encryption and protection. The legal industry plays a unique role in the above process to safeguard the business interest of Individuals, Organizations and Governmental Agencies. Experts discuss on these important aspects of the business involving Data.
DATA ENCRYPTION & PROTECTION
GDPR) is a regulation in EU law on data protection and privacy in the European Union (EU) and the European Economic Area (EEA). It also addresses the transfer of personal data outside the EU and EEA areas. The GDPR aims primarily to give control to individuals over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU. Superseding the Data Protection Directive 95/46/EC, the regulation contains provisions and requirements related to the processing of personal data of individuals (formally called data subjects in the GDPR) who reside in the EEA, and applies to any enterprise—regardless of its location and the data subjects' citizenship or residence—that is processing the personal information of data subjects inside the EEA.