Law360 interviewed Manatt's Donna Wilson, a partner in the firm's Litigation division, for an article on the growing pressure that corporate counsel are putting on their law firms to accord with their processes for data security.
Law360 reports that corporate counsel are under immense pressure to certify and ensure that the company's data is protected, and that incorporates all service providers and law firms by extension. Law firms are accountable not just to their corporate clients but to insurers, and firms are exposed to the huge data security and privacy risks associated with managing data belonging to their clients. Lawyers who embrace the convergence of privacy, data protection and security, and information management will surge ahead when they can prove to corporate counsel and their cyber-risk insurance policy carriers that they understand the risk, can help mitigate and manage the exposure, and provide robust, integrated counsel on compliance and standardization.
Wilson told Law360 that lawyers who help their clients implement integrated protocols to manage data risks posed by privacy statutes, data protection exposures, employee risk and technology weaknesses are best positioned to cultivate the trusted advisory relationship with in-house counsel to expand business opportunities across the enterprise.
Read the article here.