ABA publishes practical technology reference guide to advise corporate directors

The American Bar Association Business Law Section has published “Director’s Technology Handbook: Tips and Strategies for Advising Corporate Directors” that provides guidance to understand and decipher critical technology matters.

Beginning with a brief recap of directors’ duties under Delaware corporation law, the handbook highlights the intersections of law and technology and features technology examples to illustrate issues that are expected to remain persistent in years to come. The context in which the matters arise in practice will evolve through the ordinary course of technology innovation.

Written by practice leaders in specialty areas, this guide includes discussion on:

• The lawyer’s role in communicating with the board about technology

• Fiduciary duties of corporate directors

• Regulatory compliance and compliance risk

• Cross-border issues illustrated by laws to note when doing business with Canada

• Contracts, contract management and licensing agreements

• Understanding cloud computing

• Acquiring technology assets

• International privacy laws

• Board attention to cybersecurity issues

• Tips for lawyers to engage effectively with clients about technology

The guide is edited by Candace M. Jones, an associate general counsel and vice president at the Federal Reserve Bank of New York.

The “Director’s Technology Handbook” costs $79.95 and can be ordered by calling 800-285-2221 or online at ShopABA.org.