Kolvin Stone Explains the Importance of Orrick's GDPR Readiness Assessment Tool

The Wall Street Journal, Legaltech News, Law360 | September.20.2017

Orrick partner Kolvin Stone recently spoke with The Wall Street Journal, Legaltech News and Law360 regarding Orrick’s GDPR Readiness Assessment Tool. The General Data Protection Regulation (GDPR) will take effect on May 25, 2018 and require all companies who do business in the EU to be compliant with new and enhanced privacy obligations.

“A lot of people know about GDPR but they don’t know if it applies to them and they don’t understand the requirements,” said Kolvin, adding, “There’s a lot of blindness and people burying their heads in the sand.”

Orrick’s tool is designed to assist companies in understanding the GDPR and identifying, at a high level, an organization’s current state of GDPR compliance.

“If you read the text of the GDPR, it’s quite impenetrable--it’s hard to follow and hard to understand,” said Kolvin, who developed the tool. “We wanted to turn that into a series of themes and questions on those themes that made the GDPR a little more accessible to the average organization.”

Kolvin said that while organizations have been working towards compliance for some time, many of those same organizations “have yet to start their GDPR efforts in a meaningful way.”

“Everyone, and especially multinationals, seems to be struggling with getting an accurate understanding on what information they have, where it is stored and who has access to it, etc., and ultimately how they keep their data records up to date in an ever-changing, globalized and data driven world,” Kolvin added.
 
The tool segments the GDPR into workable themes and takes you through a series of questions relating to each GDPR theme. “Simply answering the questions is an educational process in helping businesses get a better sense of GDPR and their readiness and, I think, more effective than trying to wade through legal text or a guidance note,” noted Kolvin.

According to Kolvin, Orrick’s GDPR Readiness Assessment Tool stands out from other law firm tools on the market in its use of automation and specific tailoring. “The automation functionality and level of customization seems to be quite different to other law firm resources I’ve seen,” Kolvin said.