The GDPR Opportunity

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    Title*The GDPR Opportunity
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    Posted by Callie Sierra
    3 August 2017

    With GDPR right around the corner, it’s now more important than ever for law firms to start talking to their clients about planning for compliance. GDPR will take effect in May 2018, and the consequences for noncompliance are immense. Firms that fail to comply with the regulations could face fines of up to €20M or 4% of turnover, whichever is greater.

    Though GDPR presents many challenges for businesses, it also opens a world of opportunity to law firms. Last week, Phil Ayton presented a webinar titled The GDPR Opportunity: Re-imagining Client Service through Technology. During the webinar, he looked at how law firms can help clients proactively address compliance through technology. Advances in automation technology have made it easier than ever for firms to partner with their clients to assess risk and plan a detailed approach towards compliance. By partnering with clients early in the process, firms can create differentiation through innovative client service.

    That’s why we’ve launched GDPR Go, an end-to-end, online GDPR planning tool that law firms can use to help clients plan their approach to compliance. GDPR Go brings together Sysero’s Template Builder and Business Process Designer to create an innovative GDPR assessment tool that enables clients to create personalised GDPR legal assessments and monitor their progress towards compliance. 

    Law firms can customise the out-of-the box question set, which already includes all the necessary data that needs to be captured. Clients then complete a guided online questionnaire and provide information on how their organisation currently collects and stores personal data. A personalised GDPR assessment is automatically generated based on their input and includes a ‘GDPR’ checklist. Once work commences, clients can track and monitor their work with the firm through the same tool.

    GDPR presents a unique opportunity for firms to expand existing business and establish themselves as value-added advisors. With GDPR Go, firms now have the ability to provide an effective resource to clients while simultaneously building their own confidence in advising on GDPR matters.

    GDPR Go suits firms of all sizes, and is currently available at no cost to current Sysero clients. If you’re interested in learning more, feel free to reach out to Phil Ayton at phil.ayton@sysero.com.

    SummaryWith GDPR right around the corner, it’s now more important than ever for law firms to start talking to their clients about planning for compliance. GDPR will take effect in May 2018, and the consequences for noncompliance are immense. Firms that fail to comply with the regulations could face fines of up to €20M or 4% of turnover, whichever is greater.
    Resource TypeBlog
    CategorySecurity & Compliance
    Publish DateAug 2017
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