Knovos

Law firms and the legal industry in general have not been immune to COVID-19. They have had to bring significant technological change into their businesses. International Chamber of Commerce, popularly known as ICC, has recently revised its ‘Rules of Arbitration’ after the COVID-19 pandemic upended the ‘normal course of business’ globally. The need for flexibility, better efficiency and fast track awards, demanded these revisions as mentioned by the ICC Court President. “The amendments to the…
Contracts are the most commonly heard word in the world of business. No matter how big or small your company is, you must have encountered contracts at some point. It is the basic need for any two businesses or partners to collaborate and work in mutual consent. In addition, contracts are very crucial for a company to maintain harmony with their partners or vendors in times of trouble or misunderstanding. Every contract has multiple clauses…
Year 2020 has influenced the business world more than any historical event so far. People are forced to change their lifestyle and business model to cope up with the current situation. Apparently, no industry is untouched from the impact of COVID-19. However, when speaking about the legal industry, there is very little to worry about. With so many remote platforms and software, it is easy to carry on with the usual work practices without stepping…
“Once a party reasonably anticipates litigation, it must suspend its routine document retention/destruction policy and put in place a ‘Legal Hold.” The above definition is easy to understand the ‘legal hold’ process for any legal department or law firm. Legal teams need to ensure that the legal hold notification reaches to each custodian, stakeholder, or contingent staff to preserve data relevant for further investigation. They need to work abruptly before the date loses its vitality,…
Covid is impacting almost every industry, including legal. The law has traditionally been a conventional and ‘old-school business’ but the pandemic triggered a series of unlikely changes in the way legal services are provided. The world came to a halt, so did the courts and other dispute resolution institutions, but gradually we found our stride, settled into our new “WFH” culture and welcomed in new technology. In fact, in its latest guidance, the International Chamber
The novel Corona virus changed the way industries used to work before. It impacted almost every industry, including legal. It gave an unlikely scope for the way legal services are provided worldwide.  Fundamentally, legal services have been very conventional and ‘old-school’; however, COVID-19 changed the business of law.  The world came at a halt, so the courts too, but the legal world gradually welcoming the ‘WFH (Work From Home)’ environment. In fact, in its latest…
From local municipalities to Federal agencies, governments of every size struggle with a range of challenges as they provide needed services to their constituents. With shrinking revenue and growing demand, the need for improved performance, accountability, and transparency may be greater than ever. As the authors said in their iconic book Reinventing Government (David Osborne and Ted Gaebler), “When institutions are funded according to inputs, they have little reason to strive for better performance. But…
Did you remember Anthony Levandowski? A Key technologist and pioneer of Google’s autonomous-vehicle project who downloaded more than 14,000 files containing proprietary information and made an unauthorized transfer to his personal laptop. Cisco’s annual internet report (2018-2023) says two of the top 10 attacks are insider threat issues (file sharing and stolen credentials). It shows that you must look at what’s happening inside the as much as outside. The data security officers in the post COVID…
As part of our series discussing current challenges posed by the pandemic, we continue to speak with industry experts across a range of specialties related to managing electronic information and gather their insights. In addition, these individuals have also provided some projections regarding their expectations of the “New Normal”, as travel restrictions are eased and office are re-opened across America. Being a life-long resident of the New York Metro area, having lived only in two…
With health and safety top of mind for most these days, concerns related to work seem less vital. To help organizations effectively function, technology is essential now more than ever. I recently spoke with several subject matter experts about their thoughts on the anticipated return to a sense of normalcy in the workplace. As a follow-up to last week’s blog post, here are some additional quotes from experts in the field. It’s evident from…