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Brown Rudnick BLOGS

Welcome to Brown Rudnick’s blog page.  Below you will find our Emerging Technologies and Government Contracts blogs.  To read our Real Estate blog, Get Real! Keeping Real Estate Professionals Ahead, please visit www.getrealestatelawblog.com.

The views expressed herein are solely the views of the author(s) and do not represent the views of parties represented by the blogger(s) or the views of Brown Rudnick LLP or parties it represents.

10 Primal Particular of a High-quality Virtual Data Contractor

Posted on Friday, May 13, 2016

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VDRs are becoming more and more demanded among deal-makers all over the planet. Investment bankers, lawyers and top managers of companies are interested in the convenient and protected room to keep their data and to fulfill many transactions. Thus, at the present moment, virtual room providers seem to offer highly useful programs as sophisticated rooms are able to fulfill the needs of the most demanding and difficult businessmen. All in all, virtual repositories have to bring the ease to complicated processes ran by firms, organizations, etc. The following pluses VDR users might experience while working with a virtual data room:

Security of the information

A virtual data room is expected to protect secret and sensitive corporate files. The files are encrypted, watermarked and remain non-accessible for individuals who do not have credentials to enter the room. The user verification requires different stages to reduce the threat of, in example, access with the help of stolen mobile phones. Therefore, the data is secured from external intrusions and internal misuses. Also, backups performed on a regular basis secure information from loss in a case of breakdowns.

https://security-online.net/virtual-data-room/

Time savings

A VDR can be entered by different VDR users at once: this trait provides employees with a chance provides employees with a possibility to explore the data simultaneously. Moreover, advanced functions of the platform (search, upload, integration with certain software) save a lot of time when it comes to fulfillment of the automatic and habitual actions.

Saving you money

A setup of a virtual room costs less than an opening of a regular data room: there is no need for renting a space, making hard copies of documents. Moreover, less safeguards are needed to guarantee constant monitoring of the virtual platform.

Convenience of exploitation

Intuitive interface is a characteristic that makes exploitation of a VDR rapid and effortless. In a case no specific coaching is to be performed room visitors have an opportunity to work inside the VDR easily and concentrate their attention on their duties, not on the technical traits inherent to the virtual platform.

Well-prepared data system

A virtual repository administrator is the one to impose certain logic on the systematization process: all the virtual copies of the files have to be classified. Efficient search instruments such as full-text search and filtering capabilities guarantees that file system will be simple to utilize. Also, users can have a right to put links from a certain file to another and to distinguish favourite documents.

Restricted accessibility

A virtual platform allows its owners to define what kind of VDR visitors has a chance to browse what documents and how long for. That is why, there are numerous levels of information disclosure and limits can be imposed on the diverse VDR users, groups, files, folders, etc.

Simplicity of cooperative work

As long as it is possible to make a platform accessible for all the users who possess a login and a password, it is more convenient to stay in touch with the business partners. It is not required to meet face-to-face in a case all the files may be shared and discussed via a virtual data room.

Transparency

Audit reports that are delivered on a regular basis allow the room administrators to follow all the actions of all the users working in a virtual repository. Therefore every action which took place in the room was included in the report and in a case of misunderstandings, unauthorized data sharing or other troubles the report might perform the role of evidence.

Legal compliance

Virtual platform providers are being in charge of making all the files stored in the virtual room consistent with the legal regulations and rules. That is why, the VDR administrator is not supposed to be anxious about the required file formats and certain legal misunderstandings.

Immediate support

A well-prepared support team and a dedicated project manager are supposed to consult visitors who work inside a room within seconds. It helps to get rid of abrupt malfunctioning and to prevent a possible breakdown. The benefits listed above allow you to realize how a decent repository will facilitate your work and help you in a course of different deal-making processes. Along with these functions, many rooms will provide you with innovative and unique options. However you have to be sure in your requirements and to pay attention the virtual repository that does not want to deluge you with weird abbreviations and impress you with the functions that you do not exploit. So, be attentive and select the virtual room that fulfills your requirements.

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Mobile App Privacy: Five Things Businesses Can Do To Stay Out Of Trouble

Posted on Friday, Dec 21, 2012

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The business case for offering a mobile app can be compelling: an app can give a business a constant presence on its customers’ mobile desktop, building brand awareness and allowing easy and direct interaction.  But businesses that roll out apps need to pay attention to privacy rules, too, as the recent enforcement action by California’s Attorney General reminds us.

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Has the Court of Federal Claims Relaxed its Standard for Obtaining TRO’s? Probably not.

Posted on Friday, Apr 28, 2017

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In Continental Services Group, Inc. v United States (No. 17-449, March 29, 2017), the U.S. Department of Education issued a solicitation for the collection and administrative resolution of debts resulting from non-payment of student loans.  Continental Services (“CS”) submitted an offer.  CS was not selected for the award and, as did other disappointed bidders, filed a timely bid protest at GAO.  The protests triggered a CICA stay of performance.

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Best Recipes for a Bid Protest

Posted on Thursday, Apr 27, 2017

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Most Government contracting officers are dedicated, hard-working and honest. The same is true of most Government proposal evaluators. As a result, arguments in bid protests that Government personnel were biased against the protestor or in favor of the awardee often don’t go anywhere.

 

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