The legal industry is undergoing rapid change. As it evolves to better reflect the businesses and societies it serves, it will increasingly resemble them: holistically diverse in cognitive, demographic, cultural, and experiential terms, technology-proficient, empathetic, and collaborative. This diversified team-oriented workforce will collaborate across silos to deliver accessible, affordable, on-demand, legal products and services that solve problems and capture opportunities at the speed of business and society.
Legal tech has become an end unto itself for many “legal techies,” but legal innovation is only impactful if it’s part of a strategy that addresses a material challenge and aligns with a customer/end-user-centric delivery plan reverse-engineered from the start. New law will not lead with technology, but will include it as an element of a fluid legal supply chain that enables human adaptation, leverages economies of scale, facilitates business opportunities, and eliminates artificial, lawyer-created distinctions among provider sources.
To achieve this, a legal supply chain will consolidate by horizontal and vertical integration, joint ventures, managed services and other collaboration mechanisms. Large law firms and in-house legal departments are already beginning to explore integration that leverages infrastructure, pools expertise, and shares resources, erasing artificial, lawyer-created distinctions in the process. New law will also integrate with the rest of the enterprise, enabling the legal function and its cross-functional colleagues to identify and take advantage of opportunities; anticipate, mitigate and extinguish risk; and free up management time to focus on strategic issues and achieve core business objectives.
This bill would require that City agencies disclose, within 60 days after discovering a breach of private identifying information, to affected persons and the City’s Chief Privacy Officer any information that could reasonably be used to commit a crime, including but not limited to credit card numbers, bank account information, social security numbers, health insurance accounts, driver’s license or other identification cards, employment or academic records, medical records, and financial and tax data. The City would also establish a database of this information.