The Data Economy

 

Law + Business + Technology + Data

Navigate the data-driven world securely and legally.

In today’s data-centric world, innovation and growth and even new revenue streams, are fuelled by insights. As data becomes the lifeblood of businesses, it also presents complex legal challenges. The firm helps clients navigate the complex legal landscape of privacy, security, and regulations and harness the power of data while mitigating risks. The firm has a very experienced team who advises clients to ensure that their operations are compliant, secure, and ethically sound. From data protection strategies to complex commercial contracts, the team provides bespoke legal solutions based on the client’s circumstances.

Some of our core capabilities are listed below:

Data Governance and Management

The firm has often been asked to counsel clients on establishing effective frameworks such as developing data policies, procedures, and standards to ensure data quality, integrity, and security. The team also helps design data retention policies to comply with legal and regulatory requirements.

Data Privacy and Security

The firm has advised many clients on data privacy and security to help navigate complex data protection laws, regulatory data security prescriptions and incident reporting regulations. Clients often task the firm with helping develop incident response plans to minimize the impact of data breaches. As a part of the services, the team regularly keeps clients informed about the latest regulatory developments in India such as the DPDP Act and assist with compliance with industry-specific regulations.

Data Licensing and Commercialization

Many of the firm’s clients generate large volumes of data as an outcome of their operations. These data have high monetary value, and they seek advice on data licensing and commercialization strategies including data sharing arrangements. The firm often assists in identifying valuable data assets, negotiate favourable licensing terms, and in protecting intellectual property rights.

Cross-Border Data Transfers

The team works with clients to ensure that they comply with cross-border data transfer regulations, conduct data protection adequacy and data localization assessment to ensure compliance with local laws. The team has done numerous impact analyses for data transfers to India where the data controller is subject to GDPR and similar legislations worldwide.

Liability and Risk Management

The team frequently provides services to identify and mitigate legal risks associated with data handling and processing, including assisting them with procuring cyber-security insurance policies.

The firm’s client portfolio spans various industries, including Fortune 500 corporations and pioneering entrepreneurs. It works alongside industry leaders in technology-driven sectors such as SaaS, PaaS, IaaS, artificial intelligence, and enterprise technology, and supports technology-enabled, data-enabled and AI-enabled industries, including consumer services, IT outsourcing, business process management, and gaming & eSports, FinTech, AgriTech and EdTech.

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