This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

LexisNexis CounselLink Earns Safe Harbor Certification

LexisNexis® Legal & Professional, a leading provider of content and technology solutions, announced today that the LexisNexis CounselLink® business has earned its Safe Harbor Certification. The Safe Harbor certification means the CounselLink business complies with a set of privacy principles that establish data privacy standards among 15-member nations including the U.S. and countries within the European Union.

These standards govern how a business may collect, transfer or distribute personal data, such as notifying customers before their personal data is collected, providing a mechanism for opting-out, and establishing a process for dispute resolution. Participation by U.S.-based organizations is voluntary, though participation requires an enforceable and written self-certification process that must be validated annually.

“We currently support global organizations in multiple countries around the world and this certification not only ensures we are in compliance, but also supports the compliance efforts of our clients,” said Jonah Paransky, vice president and managing director at the CounselLink business. “Safe Harbor certification is one more step toward providing assurances and outstanding support for our growing global customer base with a significant presence in the European Union.”

The critical importance of data privacy was recognized as one of the cloud industry’s most important emerging trends by Hyperion Research, a division of Hyperion Global Partners, in its MarketView™ Report covering Enterprise Legal Management Solutions.

“We find that as both corporate law departments and their outside counsel become increasingly global-oriented, data privacy requirements become high priority,” said Ralph Schroeder, Managing Director of Hyperion Research. “The Safe Harbor certification process provides clients an important validation of a solution’s ability to meet international data privacy standards.”

The CounselLink business is a leading provider of cloud-based software for Enterprise Legal Management – an emerging market for enterprise software for legal departments for matter management, legal spend management and legal holds. It also provides process, analytical and benchmarking consulting services. Current estimates place the overall ELM market at approximately $500 million and growing in excess of 10 percent each year.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs