CARY, N.C.--(BUSINESS WIRE)--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.
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About LexisNexis Legal & Professional
LexisNexis® Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier Inc., LexisNexis Legal & Professional serves customers in more than 100 countries with 10,000 employees worldwide.
LexisNexis helps professionals at law firms and legal departments of all sizes manage the business element of their practice or legal departments with innovative software and mobile solutions for customer relationship management, competitive intelligence gathering and assessment, time and billing management, matter management, client analysis, legal holds and more.