Best of the Blog 2022, Part 1
What Is Schrems II and How Does It Impact Your Business Contracts?
In July 2020, the European Court of Justice ruled that stricter requirements were needed for the sharing of data between the EU and third countries. The European Union then issued new mandatory modernized standard contractual clauses for international data transfers. This blog explored solutions for how businesses could remediate their existing contracts to include the updated terms in time to meet the deadline. Read more.
Data Processing Agreements (DPAs): Everything You Need to Know
Data processing agreements are legally binding contracts between a business and a third-party data processor concerning the protection of personal data. One result of the Schrems II ruling by the European Court of Justice, was that all businesses exporting data from the EU must update the data privacy language in their DPAs or risk facing heavy fines. This blog walks through the updated information needed to be included in new DPAs to be compliant with General Data Protection regulations. Read more.
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Evisort Introduces Automation Hub, Advanced Search, and More
This year, Evisort launched Automation Hub to help supercharge our contract intelligence platform and empower users to train Evisort’s AI to recognize custom clauses. This blog post explores how extended capabilities, like Advanced Search, document grouping, and PDF previewing and commenting help users get faster answers to important contract questions, accelerate deals, and improve contract workflows. Read more.
What Evisort’s $100M Series C Means for Contract Intelligence and Management
Earlier this year, we announced the raise of Evisort’s Series C funding to further innovate contract intelligence. This blog post traced our founders’ start as law students, shocked by the inefficiencies of contract management, to Evisort’s present day, as a leader in contract intelligence. Read more.
What Are the EU's New Standard Contractual Clauses?
Standard contractual clauses (SCCs) are standard sets of contractual terms and conditions that both the sender and receiver of personal data must agree to. In June 2021, the European Commission released an updated version of the SCCs to address gaps and ambiguities in the prior version, provide guidance for a wider range of transfer scenarios, and bring the SCCs in line with the GDPR. This blog offers steps businesses could take to ensure their organizations’ data transfer agreements were compliant with the new SCC in advance of deadlines. Read more.
Stay tuned for the next blog post which will explore the next five top blog posts of 2022!