Prime Highlights
- Legal teams are adopting proactive data and risk management strategies.
- AI can improve legal workflows but requires strong human oversight.
Key Facts
- Linda Luperchio shared her views on the Data Xposure podcast.
- The discussion focused on AI, data governance, compliance, and legal leadership.
Background
Legal teams are taking on a bigger role in business strategy as data grows and regulations continue to change.
Linda Luperchio, an executive in charge of several enterprise functions, shared insights on how legal can help improve business performance through proactive data governance, collaboration and tech in an episode of the Data Xposure podcast.
Luperchio said that her career changed after she was given the task of developing an eDiscovery programme, where she didn’t have a lot of experience. Taking on new challenges and a commitment to continuous learning led her to evolve into other areas such as information governance, claims eDiscovery, corporate licensing and board relations, she said.
She also pointed out the monetary benefits legal teams can generate. By introducing a proactive claims eDiscovery programme, her team reduced business costs by about $20 million in less than a year. Measurable results were important to securing executive support and additional resources, she noted.
Effective data management requires strong collaboration between the legal, IT, privacy and business arms, Luperchio said. She said that the key principles to facilitate communication and minimise organisational risk were collaboration, accountability, respect and empowerment.
She added that AI could be used to enhance efficiency by taking care of repetitive tasks like document reviews, data requests, etc. But she urged organisations to safeguard sensitive data with proper data classification policies and have the AI-generated work checked by seasoned experts before use.
She finally stated that new skills for lawyers are needed and that technology must be adopted to assist organisations in risk management, compliance and business development.
