No industry is immune to the security and access considerations surrounding a cloud computing model. Particular those lawyers involved in e-discovery (all of them) have recognizing the potential benefits – and tradeoffs – of the model. This reality was clearly revealed at the ILTA (International Legal Technology Association) 2010 event in Las Vegas. While the discussions at the conference were oriented specifically towards the legal profession, the IT-related discussions are totally relevant to every business. Accounting and finance professionals should pay close attention to this type of conversation, as it relates very directly to accounting’s approach to information technology and the application of IT in the business or professional practice.

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