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About the Course
Introduction
This CLE course will guide corporate and technology counsel for using and licensing big data. The panel will discuss practical considerations when using big data, including anonymization, due diligence, and database salting. The panel will also explain critical contractual provisions in big data licenses, such as warranties, indemnification, limitation of liability, privacy, and data security, and audit rights, that help minimize risks.
Description
Companies are increasingly exploiting massive amounts of consumer information from social networking sites, browser trails, and surveillance trackers--or big data--to generate revenue. Businesses considering using big data should evaluate whether to anonymize data, what due diligence to perform, and whether salting the database will minimize risk.
Carefully negotiated licensing agreements specific to big data will maximize the right to use, access, and manipulate big data while minimizing liability exposure. Traditional licenses are often ineffective in addressing the unique issues big data presents, such as de-identifying and re-identifying data.
Big data licensing agreements should include provisions addressing warranties, indemnification, limitation of liability, privacy, and data security, and more. By understanding the critical clauses to include in big data licenses--and the common pitfalls--counsel can effectively draft and negotiate licenses in their clients' best interests.
Listen as our authoritative panel discusses what big data is and practical and legal considerations surrounding its use. The panel will also discuss best practices for drafting high priority clauses in big data licenses.
Presented By
Ms. Krasnow practices in the areas of domestic and cross-border privacy and data security, technology transactions, and M&A. Ms. Krasnow advises companies on incident response, tabletop exercises, and crisis management, security programs and agreements, insurance policy matters, artificial intelligence, privacy and cyber governance, privacy policies and terms, data security addenda, data processing agreements, business associate agreements, merger and acquisitions, and federal and state artificial intelligence, privacy, and data security laws.
Mr. Overly focuses his practice on drafting and negotiating technology related agreements, software licenses, hardware acquisition, development, disaster recovery, outsourcing agreements, information security agreements, e-commerce agreements, and technology use policies. He counsels clients in the areas of technology acquisition, information security, electronic commerce, and on-line law. He is the co-author of A Guide to IT Contracting: Checklists, Tools and Techniques (CRC Press, 2012).
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Live Online
On Demand
Date + Time
- event
Tuesday, February 8, 2022
- schedule
1:00 p.m. ET./10:00 a.m. PT
- What is big data?
- Using big data
- Case studies
- Practical considerations
- Anonymization
- Due diligence
- Salting the database
- Issue spotting
- Legal considerations
- Licensing big data: key contractual provisions
- Warranties
- Information security requirements
- Indemnification
- Limitation of liability
- Privacy and data security
- Confidentiality
- Audit rights
The panel will review these and other relevant issues:
- What is big data, and what are the principal sources and uses for businesses?
- What legal risks arise for companies in obtaining and using big data for revenue generation?
- What provisions are critical in big data licensing agreements to maximize rights to big data and minimize legal risks?
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Unlimited access to Professional Skills and Practice-Ready courses:
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