The “Wannacry” ransomware attack that disrupted businesses around the world on 12 May has led to the need to consider more carefully the impact of a cyberattack and its implications not only on the protection of consumer data, but also on the company’s financial and sensitive data. A cyberattack can not only cause the loss …
AI for the legal industry and the catalyst effect
A very interesting article on legal AI and catalyst effect: a new standard adopted by leading firms creates a new normal for the industry. https://www.artificiallawyer.com/2017/05/11/welcome-to-legal-ais-new-normal/
Thoughts – Are They No Longer Private Experiences?
The essence of who we are - we may refer to it with the overused term "consciousness" perhaps - or at the very least our persona and personality, are created through and contained in our thoughts and experiences. Thoughts and experiences which for the most part, until recent years, were private or shared with few …
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IoT Enabled Contracts – Dynamic Contracts Are On The Way – What Will Lawyers Do?
As a transactional lawyer, I have countless times assisted clients in renegotiating and drafting amendments, side letters and updates to signed contracts to address issues that come up from time to time during the contractual relationship. Let's face it: contracts are a static, binding photograph of a situation, and their purpose is to address issues …
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The Negotiation Factor
This is the excerpt for your very first post.
Negotiation Advice: Time is On Your Side
Negotiation tip of the day: when negotiating a difficult matter or trying to get out of a difficult situation being in a hurry to close the deal is very rarely on your side. If you want to achieve a better outcome, try to find a way to buy yourself time first. © Stefania Lucchetti 2017. For …
Negotiation Advice: Saving Face
Negotiation tip of the day (it works with toddlers as well as CEOs): when rejecting a demand/proposal, allow the other person time to cool and an opportunity to save face by accepting some alternative flourishing on your position.