Breaches of European data residency legislation can result in fines of up to £500,000, so Clio, the world’s leading cloud-based practice management solution, and Peter Wright, managing director of DigitalLawUK, have teamed up to launch a guide informing lawyers of the main issues and obligations relevant to them.
Any firm that retains client data is classified under EU legislation as a ‘Data Controller’. However, much confusion exists around what this exalted position entails including what the term ‘data residency’ refers to, where data can be stored, breaches to look out for, and their consequences.
“Data Residency – Issues and Obligations for European Law Firms” addresses all these areas with a view to ensuring that all readers are left informed and given practical solutions on how to approach data residency in their firms.
Peter Wright had this to say: “More than ever, issues around data residency and the obligations of data controllers are of increasing importance for legal professionals when providing comprehensive advice to our clients. We find that when advising clients in multiple jurisdictions it is essential to be aware of the applicable regulatory standards and possible risks.
“As the UK contemplates leaving the EU, awareness of the various global standards and staying up to date on changes to these standards will present a challenge to all law firms in advising their clients accordingly.”
Derek Fitzpatrick, general manager for Clio EMEA, added: “With the recent shift from Safe Harbour to Privacy Shield, not to mention upcoming changes to the Data Protection Act, it’s hard to keep up. We’re delighted to work with Peter Wright on this and we hope it will prove beneficial to lawyers across the UK and Europe”.
“Data Residency – Issues and Obligations for European Law Firms” is available to download for free at www.clio.co.uk.