Digital Law

As a result of digitization, the legal and contractual relationships between organizations, individuals, and governments are altering. As more data is collected, stored, and communicated electronically, new potential for monetization develops, as do new risks and duties, such as data privacy and cybersecurity. Digital transformation needs firms to defend against regulatory penalties and reputation damage quickly.

To keep up with the rapid pace of digital transformation, general counsel must be wary of regulatory fines and reputational loss. The IFM Digital Law team can assist with identifying digital risk areas as well as meeting legal challenges.

Cyber and Data Law

Digital economy is data-driven. Regulatory infractions in cloud computing, IoT, social media, and big data analytics can cause reputation damage and stiff penalties. Privacy compliance is key to business accountability and governance. Unwanted publicity drives firms to facilitate data protection compliance. IFM advisors help with:

→ Big-data-compliant projects

Privacy impact analyses

Social media usage compliance

Cyber-breach management

Data security policy/implementation

Designing digital privacy

Cloud-computing compliance

App data security

Data transfer frameworks

Digital IP Law

Intellectual property, data, branding, and technology are important for businesses. Businesses must grasp how regulation varies to reach their full potential. International IP/tech issues include:

→ New IP rights from digital transitions

→ IP as a digital business model asset

→ IP-backed asset finance and IP asset security due diligence

→ Keeping trade secrets protected

→ 3D printing patents

→ Taxes in IP allocation

→ Documentation for licensing, joint ventures, and partnerships

→ Intellectual property asset financing, including royalty monetization agreements

→ Due diligence on IP

The Digital Legal Framework

New digital and sharing economy company models collide with taxi, hotel, and banking rules. Digitalization makes human work redundant, raising employment legal difficulties. The IFM Digital Law team can help customers identify risk areas and plan for transformative change by embracing the legal components of regulation in digital transformation both generically and especially to your sector.

→ Financial Services

→ Employment Regulation

→ Localization and retention duties

Regulating E-Commerce

Digital’s ability to traverse borders is part of its appeal. However, regulations are built on a world with borders and ever-changing data privacy, commerce, transaction, intellectual property, and crypto currency restrictions. A company’s digital platform serves as a bridge to its consumers, and it must verify that it complies with e-commerce rules and regulations and defends its interests when contracting via its digital platform. Because online tax and legal issues are so interconnected, IFM’s integrated law and tax services are crucial.

→ As e-commerce grows, consider consumer protection and competition laws

→ Establish an entire legal framework by drafting legal agreements

→ Safeguard your IP

→ Help a tech company comply with global data privacy requirements

→ Offer advise on online agreements, including user terms and conditions and digital signatures

→ Help with the contractual arrangements needed to begin the client’s digital business, such as software licenses, website design agreements, and R&D agreements