New technologies are changing the way companies operate, dictating the types of businesses that are being created, and determining which ventures succeed and are profitable. From autonomous vehicles and platooning trucks, to drones, 5G, robots, biometrics, smart cities, haptics, virtual reality, and artificial intelligence, numerous new and innovative technologies are ready for widespread deployment and sale. These technologies have the potential to radically change a wide range of sectors, including transportation, shipping, healthcare, real estate, hospitality, urban planning, land use, banking, and insurance. The law and regulations that apply, or that could apply, to them, however, are lagging behind
Companies need sound advice about the laws and regulations that apply, and may apply, to their new technology products and services to determine where to invest their research and development dollars, where to devote their time and effort, and how to strategically position themselves to remain competitive. Recent legislative changes have made it imperative for businesses to focus on data privacy by design and data security by design when developing new technologies, to consider legal implications when selecting third party vendors and partners, and to obtain appropriate contractual protections when entering into agreements with vendors. With the ever-growing global economy and workforce, businesses need to consider the application of the GDPR and other international laws and standards, on them.
Akerman’s Emerging Technologies attorneys are not your typical lawyers. Our focus on technology and innovation, and the potential legal and regulatory obstacles to it, makes us ready to advise clients on these matters and handle litigation and regulatory proceedings related to bringing new technologies to consumers. We help companies identify risks, and reduce uncertainty and surprises. We help our clients be bold, innovative, and early to market, so they can monetize their technologies and be in a strong position to defend themselves against potentially adverse consequences when laws and regulations catch up with technology.