Moving to the Cloud represents a seismic upheaval in the design of an organization’s internal infrastructure – one that significantly changes the way legal and compliance teams operate. We are used to working within a static infrastructure system that doesn’t change unless we decide to change it, enabling us to feel in control of company data and risk. The Cloud, however, is not designed that way. It is a dynamic force that is constantly shifting under our feet.
It feels fitting that the summer of 2020 would bring us Schrems II. This surprising Court of Justice of the European Union (CJEU) decision wreaked havoc in late July by invalidating the EU - U.S. Privacy Shield and calling into question other mechanisms for transferring the personal data of EU citizens into the United States (and beyond) under the GDPR. Let’s take a deeper dive into that decision and what it means for companies that need to transfer EU citizens’ data into the U.S.
We are now past the midpoint of 2020, which means we are more than halfway through the first year of a brand new decade. This midway point is a great time to take a look at the hottest trends in the legal tech world and predict where those trends may lead us as we move further into the new decade.