#best law firm management software
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How Law Firm Management Software Can Streamline Case Management
In the dynamic world of legal practice, efficiency is key. Law firms are constantly on the lookout for ways to streamline their processes and better serve their clients. One increasingly popular solution is law firm management software, which simplifies the handling of cases. Let's explore how this technology empowers legal professionals to navigate complexities with ease.
Centralized Case Information: Law Firm Management Software acts as a central hub for all case-related information. Instead of rummaging through emails or piles of paperwork, lawyers can easily access case files, client communications, and important documents. This centralized system fosters teamwork by ensuring everyone is on the same page.
Automated Task Management: Managing tasks and deadlines is a fundamental part of legal work. Law firm management software automates task management, allowing lawyers to prioritize assignments and track progress effortlessly. By automating routine tasks like scheduling court dates or sending reminders for client meetings, lawyers can focus more on substantive legal work, increasing productivity.
Smooth Communication: Good communication is crucial for successful client representation. Law firm management software facilitates seamless communication through integrated messaging features. Lawyers can communicate with clients, co-counsels, and other stakeholders within the platform, ensuring prompt responses and eliminating the need for multiple communication channels. This streamlined communication enhances client satisfaction and builds stronger attorney-client relationships.
Improved Document Management: Legal work involves handling large volumes of documents. Law firm management software simplifies document organization and retrieval through advanced indexing and search functions. Lawyers can quickly find relevant documents, annotate them for reference, and securely share them with authorized parties. Version control features ensure that everyone is working with the most up-to-date documents, reducing errors and risks.
Data Analytics for Informed Decisions: Law firm management software provides valuable insights through built-in analytics tools. By analyzing case metrics, financial performance, and resource utilization, lawyers can make informed decisions to optimize firm operations and drive strategic growth. From identifying potential workflow bottlenecks to forecasting future resource needs, data-driven analytics help law firms adapt proactively to changes.
Conclusion:-
law firm management software is a game-changer for legal professionals looking to streamline case handling. By centralizing case information, automating task management, facilitating smooth communication, improving document management, and leveraging data analytics, this technology enables law firms to operate more efficiently and deliver exceptional client service. Panoramic Infotech offers comprehensive law firm management software designed to streamline operations, enhance productivity, and optimize client interactions.
#law firm management software#best case management software#best law firm management software#legal software#best legal software lawyer
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Premier Legal Marketing
Boost your law firm's visibility with Practice42's premier legal marketing services. Our expert team specializes in SEO, content creation, and digital strategies tailored to legal practices. Drive growth and attract clients with Practice42's proven marketing solutions.
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law firm case management software | THEO Law Farm
Theo is a law firm case management software and best law practice management software. It is suitable for all types of small and large law firm and offices. THEO increases overall efficiencies as the software has the capabilities to retrieve, archive and store client case history data, Case management, case dates, time spent on case or client, associates time history, billing and much more.
#law firm case management software#law firm management#law case management#best law practice management software
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Revolutionizing Financial Stability: Legalari's Cutting-Edge Accounting Services in Delhi
The Essence of Accounting Services in Delhi
In a city teeming with businesses of all sizes and industries, the significance of robust accounting services in Delhi cannot be overstated. From startups to established corporations, every entity requires efficient financial management to thrive in today’s competitive market. Accounting services encompass a wide array of functions, including bookkeeping, tax preparation, auditing, and financial analysis. These services serve as the cornerstone of sound financial decision-making, enabling businesses to streamline operations, mitigate risks, and achieve sustainable growth.
Legalari: Redefining Standards in Accounting Services
Enter Legalari, a visionary firm committed to revolutionizing the landscape of accounting services in Delhi. With a team of seasoned professionals and cutting-edge technology at its disposal, Legalari sets itself apart through its unwavering dedication to client satisfaction and innovation. Unlike traditional accounting firms, Legalari adopts a proactive approach, providing strategic insights and personalized solutions to address the unique challenges faced by each client.
Tailored Solutions for Every Business Need
At Legalari, we understand that one size does not fit all when it comes to accounting services in Delhi. Recognizing the diverse needs and objectives of our clients, we offer a comprehensive suite of services designed to cater to businesses of all sizes and industries. Whether it’s managing day-to-day finances, navigating complex tax regulations, or conducting thorough audits, Legalari’s experts are equipped with the expertise and resources to deliver results that exceed expectations.
Harnessing Technology for Efficiency and Accuracy
In an era defined by digital transformation, Legalari harnesses the power of technology to enhance efficiency and accuracy in accounting processes. Through the integration of advanced software and automation tools, we streamline mundane tasks, minimize errors, and empower our clients with real-time insights into their financial performance. By leveraging technology, we not only optimize resource utilization but also enable our clients to make informed decisions with confidence.
Commitment to Compliance and Ethical Standards
At Legalari, integrity and transparency serve as the cornerstones of our operations. We adhere to the highest ethical standards and regulatory requirements, ensuring full compliance with applicable laws and guidelines. Our team undergoes rigorous training and continuous professional development to stay abreast of industry trends and best practices, guaranteeing the utmost reliability and accuracy in all our endeavors.
Driving Growth Through Strategic Partnerships
In an increasingly interconnected business landscape, Legalari recognizes the value of strategic partnerships in driving mutual growth and success. We collaborate with a network of industry experts, legal advisors, and financial institutions to provide holistic solutions that address the multifaceted needs of our clients. Through strategic alliances, we empower businesses to overcome challenges, capitalize on opportunities, and achieve their long-term objectives.
Empowering Businesses for a Brighter Future
As we look ahead, Legalari remains steadfast in its commitment to empowering businesses for a brighter future. Through our innovative approach, unwavering integrity, and dedication to excellence, we aspire to be the catalyst for positive change in the realm of accounting services in Delhi and beyond. Together with our clients, we embark on a journey towards financial stability, resilience, and prosperity.
In conclusion, Legalari emerges as a pioneering force in the realm of accounting services in Delhi, redefining industry standards through innovation, integrity, and excellence. As businesses navigate the complexities of today’s economic landscape, Legalari stands as a trusted partner, offering tailored solutions to drive growth, mitigate risks, and achieve lasting success. In the vibrant city of Delhi, Legalari’s commitment to revolutionizing financial stability serves as a beacon of hope for businesses striving to thrive in an ever-changing world.
#AccountingServices#DelhiBusiness#FinancialManagement#Legalari#InnovationInAccounting#BusinessSolutions#FinancialStability#TechnologyInFinance#ComplianceMatters#StrategicPartnerships#BusinessGrowth#EthicalStandards#FutureOfFinance#AccountingTechnology#ProfessionalServices
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By
Hannah Garden-Monheit and Ken Merber
March 1, 2024
Landlords and property managers can’t collude on rental pricing. Using new technology to do it doesn’t change that antitrust fundamental. Regardless of the industry you’re in, if your business uses an algorithm to determine prices, a brief filed by the FTC and the Department of Justice offers a helpful guideline for antitrust compliance: your algorithm can’t do anything that would be illegal if done by a real person.
Today, the FTC and Department of Justice took action to fight algorithmic collusion in the residential housing market. The agencies filed a joint legal brief explaining that price fixing through an algorithm is still price fixing. The brief highlights key aspects of competition law important for businesses in every industry: (1) you can’t use an algorithm to evade the law banning price-fixing agreements, and (2) an agreement to use shared pricing recommendations, lists, calculations, or algorithms can still be unlawful even where co-conspirators retain some pricing discretion or cheat on the agreement.
The agencies’ work in this space is especially important given rising residential housing rental prices. Rent is up nearly 20% since 2020, with the largest increases concentrated on lower- and middle-tier apartments rented by lower-income consumers. About half of renters now pay more than 30% of their income in rent and utilities, and rising shelter costs were responsible for over two-thirds of January inflation.
Meanwhile, landlords increasingly use algorithms to determine their prices, with landlords reportedly using software like “RENTMaximizer” and similar products to determine rents for tens of millions of apartments across the country. Efforts to fight collusion are even more critical given private equity-backed consolidation among landlords and property management companies. The considerable leverage these firms already have over their renters is only exacerbated by potential algorithmic price collusion. Algorithms that recommend prices to numerous competing landlords threaten to remove renters’ ability to vote with their feet and comparison-shop for the best apartment deal around.
What’s the message for other businesses?
Agreeing to use an algorithm is an agreement. In algorithmic collusion, a pricing algorithm combines competitor data and spits out the suggested “maximized” rent for a unit given local conditions. Such software can allow landlords to collude on pricing by using an algorithm—something the law doesn’t allow IRL. When you replace once-independent pricing decisions with a shared algorithm, expect trouble. Competitors using a shared human agent to fix prices? Illegal. Doing the same thing but with an agreed upon, shared algorithm? Still illegal. It’s also irrelevant that the algorithm maker isn’t a direct competitor if you and your competitors each agree to use their product knowing the others are doing the same in concert.
Price deviations don’t immunize conspirators. Some things in life might require perfection, but price-fixing arrangements aren’t one of them. Just because a software recommends rather than determines a price doesn’t mean it’s legal. Setting initial starting prices or recommending initial starting prices can be illegal, even if conspirators deviate from recommended prices. And even if some of the conspirators cheat by starting with lower prices than those the algorithm recommended, that doesn’t necessarily change things. Being bad at breaking the law isn’t a defense.
The housing industry isn’t alone in using potentially illegal collusive algorithms. The Department of Justice has previously secured a guilty plea related to the use of pricing algorithms to fix prices in online resales, and has an ongoing case against sharing of price-related and other sensitive information among meat processing competitors. Other private cases have been recently brought against hotels and casinos.
Technology is a promise. Used correctly, it can make our lives healthier, safer, and more efficient. But its efficiency can also be used by bad actors to crush competition or bilk consumers in novel ways. No matter the tool law violators use, the FTC and the Department of Justice stand vigilant on the side of consumers and competition.
Hannah Garden-Monheit is Director of the FTC’s Office of Policy Planning and Ken Merber is Deputy Assistant Director of the FTC’s Anticompetitive Practices II Division.
#fucking finally#can't wait for landlords to be forced to stop this shit#federal trade commission#price fixing
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Best Personal Injury Case Management for Lawyers: Top Software Solutions
Discover seamless personal injury case management with cutting-edge software solutions. Streamline your workflow, enhance client communication, and maximize efficiency. Elevate your practice with these essential tools for legal professionals.
#personal injury software case management#personal injury software#case management software#case management software for personal injury lawyers#case management software for personal injury law#case management software for personal injury law firm#personal injury lawyers software#personal injury law software
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IBM Maximo AWS Deployment Strategies
The Business Value of IBM Maximo, a recent IDC report that surveyed 9 companies with an average of 8,500 employees, found that adopting IBM Maximo resulted in a business benefit of USD 14.6 million per year per organization, 43% less unplanned downtime, and USD 8.6 million in total equipment cost avoidances.
One comprehensive, cloud-based application platform for asset monitoring, management, predictive maintenance, and reliability planning is IBM Maximo Application Suite (MAS). Maximo optimizes performance, extends asset lifecycles, and reduces downtime and costs for high-value assets using AI and analytics. Hosting Maximo on a scalable infrastructure maximizes performance, hence the current tendency is to shift it to the cloud. In this trip, MAS migration and deployment on AWS Cloud are gaining popularity.
The growing demand for Maximo AWS Cloud migration
Migrating to cloud helps enterprises improve operational resilience and dependability while updating software with minimal effort and infrastructure constraints. Due to the growing demand for data-driven asset management, firms must aggregate data from diverse departments to identify trends, generate predictions, and make better asset management decisions.
Last April, IBM said Maximo 7.6 and add-on support would stop in September 2025. All Maximo EAM customers must upgrade to the latest cloud-based MAS. Maximo migration and modernization are become increasingly significant to clients.
IBM has released new containerized versions of Maximo Application Suite as a Service (MAS SaaS) on AWS Marketplace with Bring Your Own License (BYOL) to assist Maximo migration to AWS. MAS SaaS on AWS is another milestone in Maximo’s integration of Monitor, Health, and Visual Inspection into a unified suite.
What makes MAS SaaS distinct
IBM Site Reliability Engineering (SRE) specialists use best practices to continuously maintain and administer MAS SaaS, a subscription-based AWS service. This partnership gives customers an industry-leading IBM asset management system underpinned by AWS’s size, agility, and cost-efficiency.
Upgrades and migrations to MAS 8 are possible with MAS SaaS. The data update is similar to prior upgrades, but ROSA and other dependencies require architecture changes. The migration is comparable to how clients transitioned from on-premise to Maximo EAM SaaS Flex, but with MAS changes. Perpetual on-premises customers would stop paying Service & Support (S&S) and purchase a SaaS subscription, on-premises Subscription License customers would start a new subscription, and existing MAS Flex and MAS Managed Service customers would start a new subscription to migrate to MAS SaaS.
Our IBM Consulting Cloud Accelerator (ICCA) technology lets firms plan migration and upgrade strategies before investing.
Maximo migration strategy of a global energy firm
IBM worked closely with an energy company confronting the following challenges:
Infrastructure needed for latest Maximo version takes longer.
WebSphere, Maximo’s core, experienced high-availability and performance difficulties.
Lack of data fabric and integration layer hinders cross-application data interchange.
Complex setup, failures, and security with manual end-to-end deployment.
Since Maximo Application Suite 8 (MAS8) tackles industry issues like failure risk, escalating maintenance costs, sustainability, and compliance laws, the customer chose it. The client chose AWS Cloud for its deployment flexibility, scalability, high availability, and secure architecture.
Approach to solution
This is how IBM accelerated the energy company’s Maximo move to AWS:
Used Infra as a code to upgrade Maximo from 7.6.0.9 to 7.6.1.2.
IaC allowed instance spin-up for auto scaling. This automation reduces the time to spin up and execute the new environment and addresses multi-AWS availability zone deployment latency.
Used AWS DMS for data migration and schema conversion.
IaC spun the DR environment on demand to reduce database replication (DR) infrastructure and expense. DR capabilities update data in availability zone and DR area.
Achieved data exchange across applications using IBM Cloud Pak for Data and standardized integration using IBM Cloud Pak for Integration components.
Solution components
Maximum Enterprise Application Management (EAM) has a 3-tier design with these components:
HTTP/Web Tier and Application Tier using IBM WebSphere and HIS installed EC2 instance under private subnet for application security.
Database Tier uses AWS Oracle RDS with replication for DR under private subnet.
AWS best practices were used to configure VPC with public and private subnets.
Application servers and deployment manager were autoscaled by Auto Scaling Group.
Maximum web-based UI resolution for external access using AWS Route 53.
WAF was the initial line of defense against web exploits.
Integration of Terraform and CFT IaC scripts provided autoscaling architecture.
AWS Reference Architecture
Max on RedHat OpenShift Service on AWS (ROSA) helps clients
Containerized MAS 8.0 runs on RedHat OpenShift. AWS, IBM, and RedHat developed an IBM MAS on ROSA reference architecture to help customers inexperienced with production containerization. ROSA, a fully managed, turnkey application platform, supports IBM MAS configuration and offloads cluster lifecycle management to RedHat and AWS, allowing organizations to focus on application deployment and innovation. This means IBM MAS clients don’t need to develop, administer, or maintain RedHat OpenShift clusters.
Operating Model and Maximo Migration
Top 3 Maximo AWS migration accelerators
Clients can migrate to the cloud using three IBM MAS deployment methods on AWS Cloud:
ROSA-powered MAS SaaS on AWS
ROSA-powered AWS MAS
Customer-hosted ROSA
Why use customer-hosted ROSA
The customer-hosted ROSA option for hosting IBM MAS in a customer’s VPC with ROSA is powerful. ROSA is perfect for MAS deployments because it seamlessly deploys, scales, and manages containerized applications.
The benefits of this choice are enormous. Full control over the infrastructure while still subject to the organization’s monitoring, controls, and governance standards allows businesses to customize and adjust the environment to their needs. This control includes adding MAS integrations and enforcing cloud security and governance requirements. ROSA charges are combined into one AWS bill and drawn from any AWS enterprise agreement, simplifying financial management.
AWS enterprise agreements and Compute Savings Plans offer infrastructure savings for MAS implementations. Because the ROSA cluster operates under the customer’s AWS account, customers can buy upfront ROSA contracts and get a one-year or three-year ROSA service charge discount.
Why IBM for Maximo AWS migration?
Any modernization effort must include cloud migration. Cloud migration is not a one-size-fits-all method, and each organization faces unique cloud adoption difficulties.
IBM Consulting’s Application Modernization offering helps clients migrate and modernize AWS applications faster, cheaper, and more efficiently, reducing technical debt and accelerating digital initiatives while minimizing business risk and improving business agility.
IBM offers unique cloud migration services to accelerate customer application migration to AWS:
Cloud migration factory capabilities including proven frameworks and processes, automation, migrating templates, security policies, and AWS-specific migration squads speed up delivery.
IBM Garage Methodology, IBM’s cloud services delivery capabilities, ROSA, and AWS Migration tools and accelerators accelerate migration and cloud adoption.
ICCA, IBM’s proprietary framework for migration and modernization, reduces risk. ICCA for AWS Cloud automates various modernization procedures, simplifying and speeding up company agility. Before investing, businesses can plan migration and modernization strategies. Discover IBM Consulting Cloud Accelerator for AWS Cloud.
Our well-defined pattern-based migration methodology includes re-factor, re-platform, and containerization using AWS managed services and industry-leading tools to remove and optimize technical debt.
Finally, IBM offers customizable t-shirt-sized price models for small, medium, and large migration sizes, ensuring clients’ migration scope is obvious.
IBM helps clients migrate applications, like Maximo to AWS Cloud
In conclusion, clients seek IBM’s expertise to:
1.Upgrade Maximo 7.6x (expiring 2025) to MAS 8.
2.On-premise workload to AWS Cloud for elastic, scalable, and highly available infrastructure and runtime
IBM Consulting can help
AWS Premier Partner IBM Consulting accelerates hybrid cloud journeys on the AWS Cloud by leveraging business and IT transformation skills, processes, and tools from many industries. On AWS Cloud, IBM’s security, enterprise scalability, and open innovation with Red Hat OpenShift enable enterprises grow swiftly.
BM Consulting develops cloud-native apps in AWS Cloud with 21,000+ AWS-certified cloud practitioners, 17 validated SDD programs, and 16 AWS competencies. IBM Consulting is the best AWS partner due to acquisitions like Nordcloud and Taos, advancements at IBM Research, and co-development with AWS.
Read more on Govindhtech.com
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Find Your Perfect Alternative to Smokeball Legal Practice Management Software
In the bustling world of law, legal professionals are always on a quest to find the perfect legal practice management software. The law practice management software boosts productivity and helps lawyers offer exceptional client service. There are various legal practice management software in the industry. All these software offers different features, pricing, and integration capabilities. Among various billing software for lawyers, CaseFox and Smokeball are emerging as two prominent software in the industry. But because of various advanced features and functionalities, CaseFox is becoming a Smokeball alternative. In this blog, you will learn more about CaseFox and Smokeball and compare all the features of both the softwares.
Smokeball Overview
Smokeball is a legal practice management software that supports smart case management and legal billing. Smoke is a legal practice management software that is suitable for firms. Smokeball doesn't focus too much on solo practitioners. Smokeball offers in-built e-signature but users may have to switch to advance plans for that. The software helps in managing leads, cases, and time effectively. Smokeball offers a variety of features, but users may have to pay for leveraging these features.
CaseFox Overview
CaseFox is a cloud-based legal practice management software that offers various comprehensive features. This software is suitable for solo practitioners and firms. It can make the whole process of legal management efficient. From the first step of client intake to offering customer service, CaseFox can do it all. Lawyers and firms can manage their time, finance, documents, and cases with the advanced feature of CaseFox. The software allows users to track time, expenses and generate bills efficiently. With the pricing and features that CaseFox provides, it becomes a Smokeball alternative for various individuals. The best part about CaseFox is that it is a free legal billing software for solo practitioners. CaseFox doesn't charge any amount from solo practitioners in their free plan. This law practice management software offers all the features in the free plan too.
CaseFox vs Smokeball
Pricing
The pricing of law firm case management software varies according to the features and functionality. Some case management systems provide subscription-based models while others opt for one-time payment or usage-based pricing options. When evaluating the legal billing software for your firm, it is crucial to consider the pricing of the software. The pricing of the firm does not just impact the budget of the firm. But it also determines the value your firm will receive from the software. Below, we will compare the pricing of CaseFox and Smokeball.
a. CaseFox Pricing
CaseFox is a legal software that offers three different price plans. It has flat pricing, which means lawyers won’t have to pay an extra amount for any additional feature. For solo practitioners that don’t have many caseloads, CaseFox is a free law practice management software. It doesn't charge anything. Next, CaseFox has a pro plan that costs around $39 per user/month USD. This plan includes all the features that CaseFox has to offer. From time tracking, billing, task management, invoice generation, legal billing, and LEDES billing. CaseFox offers everything in this plan that a firm or legal professional may need.
b. Smokeball Pricing
Smokeball has three different pricing editions. The first one is Smokeball start, and this plan costs around $29.00 per User/Per Month. This is the most basic plan that Smokeball offers and this plan doesn't have various essential and advanced features. The next plan is Smokeball grow, and it is starting at $99.00 per User/Per Month. The last plan that it has is Smokeball Prosper starting at $149.00 per month/per user.
Multilingual Support
Multilingual is a feature that enables law lawyers and firms to connect with clients from different backgrounds. The multilingual support that law firm billing software offers allows law firms to create invoices, communicate with clients and offer service in multiple different languages. This software helps in fostering better client relationships.
a. CaseFox Multilingual feature
CaseFox offers multilingual support that enables lawyers and firms to generate bills and invoices in multiple languages. This feature is very effective and useful for lawyers as it enables them to reach wider audiences speaking different languages. The multilingual feature that CaseFox offers removes language barriers. This is a must-have feature and it can be beneficial for various legal professionals and law firms.
b. Smokeball Multilingual Feature
Smokeball is a legal billing software that offers various advanced features but unfortunately, it lacks multilingual capabilities. Smokeball supports only one language to generate bills, invoices and for client communication, too.
Customer Support
The customer support feature of legal practice management holds great importance in offering client satisfaction. Robust customer support will enable firms to offer top-notch service to their clients. Lawyers and firms can solve the issues that their clients face within a few minutes with powerful customer service. Below, we will compare the customer support that CaseFox and Smokeball offer.
a. CaseFox Customer Support
Customer support will play an essential role in enhancing user experience. CaseFox offers top-notch customer support to users. CaseFox is one of those case management softwares that offers robust 24*7 customer support. This means if any time clients face any glitches, technical issues or they have any sort of queries. They can take help from customer support which is available 24*7.
b. Smokeball Customer Support
Smokeball is a legal practice management software that offers customer support only in business hours. This means clients can report their issues and queries only during these hours. This can be the major drawback for the software, as it can hamper the daily practice of lawyers or firms. If they face any technical issues.
CaseFox VS Smokeball
Feature CaseFox Smokeball Free Account CaseFox offers a free account for a solo practitioner. Smokeball offers a free trial but it doesn't have a free account. User Interface CaseFox has a straightforward and intuitive interface. Smokeball offers user-friendly with modern designCustom Forms and Template CreationCaseFox offers custom form and templates for billing and invoicing. Smokeball doesn't have any customization for forms and templates. Customer Support 24*7 customer support by CaseFox. Smokeball offers customer service only during business hours. LEDES e-Billing CaseFox makes LEDES e-billing easy. Smokeball doesn’t have an LEDES e-billing feature.
The Bottom Line
When it comes to choosing the perfect law practice management software, it is essential to consider various factors. Such as interface, integration, billing, invoicing, task management, case management and pricing, etc. CaseFox and Smokeball both are reputable legal billing software. With the features and pricing that CaseFox offers, it becomes the perfect Smokeball alternative. CaseFox is a powerful Smokeball competitor, as it is affordable and offers more features. Assess the requirements of your firm and choose the legal billing software that suits your needs.
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#Smokeball#Legal#LegalPracticeManagementSoftware#LawPracticeManagementSoftware#AlternativetoSmokeball#SmokeballAlternative#SmokeballCompetitor#LawPracticeManagement#LegalPracticeManagement#LawManagementSoftware#LegalManagementSoftware#CaseFox#LawFirmSolution#legalsoftware#LegalTech
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In the endless fight to improve cybersecurity and encourage investment in digital defenses, some experts have a controversial suggestion. They say the only way to make companies take it seriously is to create real economic incentives—by making them legally liable if they have not taken adequate steps to secure their products and infrastructure. The last thing anyone wants is more liability, so the idea has never exploded in popularity, but a national cybersecurity strategy from the White House this week is giving the concept a prominent boost.
The long-awaited document proposes stronger cybersecurity protections and regulations for critical infrastructure, an expanded program to disrupt cybercriminal activity, and a focus on global cooperation. Many of these priorities are widely accepted and build on national strategies put out by past US administrations. But the Biden strategy expands significantly on the question of liability.
“We must begin to shift liability onto those entities that fail to take reasonable precautions to secure their software while recognizing that even the most advanced software security programs cannot prevent all vulnerabilities,” it says. “Companies that make software must have the freedom to innovate, but they must also be held liable when they fail to live up to the duty of care they owe consumers, businesses, or critical infrastructure providers.”
Publicizing the strategy is a way of making the White House's priorities clear, but it does not in itself mean that Congress will pass legislation to enact specific policies. With the release of the document, the Biden administration seems focused on promoting discussion about how to better handle liability as well as raising awareness about the stakes for individual Americans.
“Today, across the public and private sectors, we tend to devolve responsibility for cyber risk downwards. We ask individuals, small businesses, and local governments to shoulder a significant burden for defending us all. This isn’t just unfair, it’s ineffective,” acting national cyber director Kemba Walden told reporters on Thursday. “The biggest, most capable, and best-positioned actors in our digital ecosystem can and should shoulder a greater share of the burden for managing cyber risk and keeping us all safe. This strategy asks more of industry, but also commits more from the federal government.”
Jen Easterly, director of the US Cybersecurity and Infrastructure Security Agency, had a similar sentiment for an audience at Carnegie Mellon University earlier this week. “We often blame a company today that has a security breach because they didn’t patch a known vulnerability,” she said. “What about the manufacturer that produced the technology that required too many patches in the first place?”
The goal of shifting liability to large companies has certainly started a conversation, but all eyes are on the question of whether it will actually result in change. Chris Wysopal, founder and CTO of the application security firm Veracode, provided input to the Office of the National Cyber Director for the White House strategy.
“Regulation in this area is going to be complicated and tricky, but it can be powerful if done appropriately,” he says. Wysopal likens the concept of security liability laws to environmental regulations. “You can’t simply pollute and walk away; businesses will need to be prepared to clean up their mess.”
The comparison underscores how resistant businesses will likely be to such a transition, though, particularly large, legacy tech companies whose products are used widely around the US and the world. “Some companies will welcome the strategy more than others,” Wysopal concedes.
Shawn Tuma, a partner in the law firm Spencer Fane who specializes in cybersecurity and data privacy issues, emphasizes that from an industry perspective, “the devil is in the details” on all these proposals. On legal liability, he says the debate comes down to what exactly is meant by “reasonable.”
“We all see the extremes in the continuum—we see the providers that are doing a poor job, that are just throwing stuff out there,” he says. “I’m fine for liability on them, but what about those that are trying to do their best but are engaged in an unwinnable war with well-resourced hackers? What’s ‘reasonable’?”
One point from the strategy that might see more movement is the Biden administration's proposal for some sort of federal backstop to help stabilize the cybersecurity insurance market. If liability for cybersecurity failures were to shift in any meaningful way, cybersecurity insurance would become even more vital than it already is for tech companies and others who hold sensitive data, like health care firms. But that's assuming insurance companies will cover cybersecurity incidents at all.
In late December, Mario Greco, CEO of the massive European insurer Zurich, told the Financial Times, “What will become uninsurable is going to be cyber.” The comment, made a day after Christmas, added an edge to an already tense climate in which companies grasp for safeguards and solutions as cybercriminal and nation-state attacks impose rapidly rising costs.
A government backstop like the one the national cybersecurity strategy is proposing could provide crucial reassurances, but Tuma points out that it could also come with strings attached for the insurance industry and its clients. He suggests the US government could mandate that, in exchange for its support, anyone who makes cybersecurity insurance claims would be required to report the incident to the FBI's Internet Crime Complaint Center. “They need more cooperation from the private sector in reporting these events,” Tuma says.
And this question of how to incentivize all different facets of cybersecurity investment is at the core of what the new White House strategy is grappling with.
“I feel the White House is very serious about this,” Veracode's Wysopal says. “The public-private partnership around cybersecurity is quite real in the federal government today. That is a welcome change from just a few years ago.”
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Data Brokers and the Sale of Americans’ Mental Health Data
The Exchange of Our Most Sensitive Data and What It Means for Personal Privacy
Authored by Joanne Kim,
Sanford School of Public Policy - Duke University
(Full report made available online)
Overview:
This report includes findings from a two-month-long study of data brokers and data on U.S. individuals’ mental health conditions. The report aims to make more transparent the data broker industry and its processes for selling and exchanging mental health data about depressed and anxious individuals. The research is critical as more depressed and anxious individuals utilize personal devices and software-based health-tracking applications (many of which are not protected by the Health Insurance Portability and Accountability Act), often unknowingly putting their sensitive mental health data at risk. This report finds that the industry appears to lack a set of best practices for handling individuals’ mental health data, particularly in the areas of privacy and buyer vetting. It finds that there are data brokers which advertise and are willing and able to sell data concerning Americans’ highly sensitive mental health information. It concludes by arguing that the largely unregulated and black-box nature of the data broker industry, its buying and selling of sensitive mental health data, and the lack of clear consumer privacy protections in the U.S. necessitate a comprehensive federal privacy law or, at the very least, an expansion of HIPAA’s privacy protections alongside bans on the sale of mental health data on the open market.
Key Findings:
Some data brokers are marketing highly sensitive data on individuals’ mental health conditions on the open market, with seemingly minimal vetting of customers and seemingly few controls on the use of purchased data.
26 of the 37 contacted data brokers responded to inquiries about mental health data, and 11 firms were ultimately willing and able to sell the requested mental health data.
Whether this data will be deidentified or aggregated is also often unclear, and many of the studied data brokers at least seem to imply that they have the capabilities to provide identifiable data.
The 10 most engaged data brokers asked about the purpose of the purchase and the intended use cases for the data; however, after receiving that information (verbally or in writing) from the author, those companies did not appear to have additional controls for client management, and there was no indication in emails and phone calls that they had conducted separate background checks to corroborate the author’s (non-deceptive) statements.
The 10 most engaged brokers advertised highly sensitive mental health data on Americans including data on those with depression, attention disorder, insomnia, anxiety, ADHD, and bipolar disorder as well as data on ethnicity, age, gender, zip code, religion, children in the home, marital status, net worth, credit score, date of birth, and single parent status.
Pricing for mental health information varied: one data broker charged $275 for 5,000 aggregated counts of Americans’ mental health records, while other firms charged upwards of $75,000 or $100,000 a year for subscription/licensing access to data that included information on individuals’ mental health conditions.
One company that the author was in contact with depicted their firm as an advertising tech firm. The sales representative offered to ask their manager about coordinating a data deal on information from organizations they advertise for on behalf of the author.
Data broker 1 emphasized that the requested data on individuals’ mental health conditions was “extremely restricted” and that their team would need more information on intended use cases—yet continued to send a sample of aggregated, deidentified data counts.
After data broker 1 confirmed that the author was not part of a marketing entity, the sales representative said that as long as the author did not contact the individuals in the dataset, the author could use the data freely.
Data broker 2 implied they may have fully identified patient data, but said they were unable to share this individual-level data due to HIPAA compliance concerns. Instead, the sales representative offered to aggregate the data of interest in a deidentified form.
Data broker 4 was the most willing to sell data on depressed and anxious individuals at the author’s budget price of $2,500 and stated no apparent, restrictive data-use limitations post-purchase.
Data broker 4 advertised highly sensitive mental health data to the author, including names and postal addresses of individuals with depression, bipolar disorder, anxiety issues, panic disorder, cancer, PTSD, OCD, and personality disorder, as well as individuals who have had strokes and data on those people’s races and ethnicities.
Two data brokers, data broker 6 and data broker 9, mentioned nondisclosure agreements (NDAs) in their communications, and data broker 9 indicated that signing an NDA was a prerequisite for obtaining access to information on the data it sells.
Data broker 8 often made unsolicited calls to the author’s personal cell. If the author was delayed in responding to an email from data broker 8, the frequency of calls seemed to increase.
Some brokers imposed data use limitations on the possible sale of people’s mental health information, ranging from “single-use” (which usually pertains to mailing purposes) to “multi-use” (which means the dataset is available for one year after purchase) based on the firm and the product purchased.
Based on an evaluation of privacy policies, data brokers seem collectively less willing to provide access and disclosure to their customers and users about the collection or correction of personal data.
#privacy#privacy rights#data brokers#mental health#personal data#consumer privacy#data resellers#information broker#digital privacy#online safety
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Law Firm Management Software | Panoramic Infotech
Streamline your legal practice with Panoramic Infotech's comprehensive law firm management software. From case management to billing, we've got you covered.
For more information:- https://www.panoramicinfotech.com/the-law-firm-management-system/
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Maximizing Your Firm’s Efficiency with Law Practice Software
In today’s fast-paced legal landscape, staying ahead of the curve is paramount for law firms aiming to remain competitive and efficient. The advent of law practice software has revolutionized the way legal professionals manage their practices, streamline workflows, and enhance client service. At the forefront of this technological wave is Practice42, a comprehensive solution designed to empower law firms of all sizes. Let’s delve into how integrating we can revolutionize your firm’s operations.
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legal matter management software
Theo is a law firm management and law legal matter management software. It is suitable for all types of small and large law firm and offices. THEO increases overall efficiencies as the software has the capabilities to retrieve, archive and store client case history data, Case management, case dates, time spent on case or client, associates time history, billing and much more.
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Attention Required! Cloudflare
It can also be the optimized measure used to gauge people for varied roles and responsibilities. We’ve updated our privateness policy in order that we are compliant with changing global privateness laws and to provide you with insight into the restricted methods during which we use your information. You've invested heavily in an ERP's eProcurement capabilities, yet managed spend remains unacceptably low. Join this session to explore how today’s thought leaders have enhanced their present ERP techniques to improve adoption, visibility, and compliance across traditional spend areas and complicated providers. We look for passionate, curious, creative and solution-driven staff players. From entry-level to leadership, across all business and industry segments, get to know our individuals harnessing technology to make a distinction, every day.
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Sap S2p Marketing Consultant (f/m/d) – Uk
Enjoy an open, multicultural company culture with flat hierarchies and know that you will always find a serving to hand and equity right from the beginning. We can help your organization reap the benefits of additional or new SAP Ariba capabilities to focus on enhancements in your P2P group and processes. As an SAP Ariba Partner, The Hackett Group® supplies eProcurement experience and proprietary intellectual property that will help you pave a fast path to return in your funding and drive towards world-class procure-to-pay efficiency. There are open Sap Ariba Training Lead jobs in a number of cities together with London, Leeds, Market Drayton, Maidenhead, Birmingham, Milton Hill, Castleford, Solihull, Doncaster, Malmesbury. Company that gives design and build providers for you from initial sketches to the final manufacturing. Your experience might be tailor-made for your interests and can let you tackle new challenges and accountability every day.
SAP has a legitimate Certifications record that incorporates up to date and related validations. It also updates the list often as the new classroom-based and cloud exams are publicized. The certification proves that the certified particular person has gained sufficient abilities through thorough research and hand-on expertise in his or her specific subject of specialism. The SAP certification is acknowledged worldwide due to the training offered.
Meet us at one of many quite a few occasions or start your software process now and see for your self. As part of a world SAP ECC project, the shopper is on the lookout for a local Japanese SAP PTP + Inventory senior marketing consultant for their subsidiary in Japan. Our instructors are highly skilled with business expertise of many years, working in greatest and renowned group. Our Trainers comply with an strategy to engage students during instruction and thus the coaching strategies are modified as per the trainees needs which can embody direct 1-1 discussions, group discussions, Q&A rounds and so forth. Also you get many extra advantages along with extremely professional method.
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The Future of Business: 10 Reasons to Outsource Your Accounting Services
At Unison Globus, we redefine outsourced accounting and taxation for CPAs, EAs, and accounting firms across the USA . With over 18+ years of experience, we are committed to elevating financial service standards and making expert accounting accessible globally. Our approach combines strategic insight with vigilance, focusing not just on service delivery but on fostering a partnership that enhances your financial operations and transparency. This commitment ensures that as we manage the complexities of your accounting needs, you can focus on what you do best growing your business.
In today’s dynamic business environment, outsourcing your accounting services is a strategic necessity. Here are ten compelling reasons why entrusting your financial operations to Unison Globus can be a transformative step for your business:
1. Access to Expertise
Outsourcing your accounting services provides access to a team of highly skilled professionals with extensive experience in finance and accounting. These experts are well-versed in the latest regulations, standards, and best practices, ensuring your business remains compliant and efficient.
2. Cost Savings
Employing and keeping an internal accounting staff can be costly. Outsourcing allows you to convert fixed costs into variable costs, reducing overhead expenses. This financial flexibility can be especially beneficial for small and medium-sized businesses looking to optimize their budgets.
Read Also: Client Accounting Services – The Future for CPA Firms Growth
3. Scalability
As your business grows, so do your accounting needs. Outsourcing offers the flexibility to scale services up or down based on your requirements, without the hassle of hiring, training, and retaining additional staff.
4. Focus on Core Activities
By outsourcing your accounting functions, you can free up valuable time and resources to focus on your core business activities. This strategic shift allows your internal team to concentrate on growth, innovation, and customer satisfaction, driving your business forward.
5. Advanced Technology
Outsourcing firms invest in cutting-edge technology and software to manage accounting tasks efficiently. By leveraging these advanced tools, your business can benefit from accurate, real-time financial data and analytics, leading to better decision-making.
6. Risk Management
Accounting errors can have significant repercussions. Outsourcing to a reputable firm reduces the risk of mistakes and fraud. These firms have rigorous checks and balances in place to ensure accuracy and compliance, protecting your business from financial and legal risks.
Read Also: The Definitive Guide to Accounting Outsourcing: What You Need to Know
7. Avoid Turnover and Time-Off Issues
Employee turnover and absences can disrupt your accounting processes. Outsourcing provides continuity and reliability, ensuring that your accounting tasks are always handled professionally, regardless of internal staffing changes.
8. Compliance and Regulatory Adherence
Staying updated with ever-changing tax laws and financial regulations can be challenging. Outsourcing firms specialize in compliance, ensuring that your business adheres to all relevant laws and regulations, minimizing the risk of costly penalties and audits.
Read Also: Useful List of Accounting Services for Small Business
9. Improved Cash Flow Management
Sustainable business operations depend on efficient cash flow management. Outsourced accounting services provide detailed insights and accurate financial reporting, helping you maintain a healthy cash flow and make informed financial decisions.
10. Strategic Financial Planning
Outsourcing firms offer more than just bookkeeping and compliance; they provide strategic financial planning and advisory services. These experts can help you develop long-term financial strategies, optimize tax planning, and identify opportunities for growth and cost savings.
Outsourcing your accounting services to Unison Globus not only ensures that your financial operations are handled with the utmost professionalism and expertise but also provides you with the strategic edge necessary to thrive in a competitive marketplace.
Original Source: https://www.linkedin.com/pulse/future-business-10-reasons-outsource-your-accounting-services-heaqc/
Author: Unison Globus
Embark on a journey into the future of business with Unison Globus .
Our outsourced accounting services bring to the table the proficiency of seasoned professionals in finance and accounting.
We’re not just providing a service; we’re building partnerships that amplify your financial operations and transparency.
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Best Legal Case Management Software Programs for Law Firms and Lawyers
Looking for the best legal #casemanagementsoftware for your law firm? Check out our list of best case management software and Find out how you can improve your #lawfirm efficiency, track progress and manage cases hassle-free!
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