ANALYSIS: Dealing With Data? New Contract Obligations Are Coming

Next year will undoubtedly be a big one for transactional attorneys who deal with personal data. New state privacy laws will impose a host of detailed contract requirements by the beginning of 2023. And even sooner, international regulators will be examining whether global businesses and their domestic vendors are incorporating new mandatory clauses into data-related agreements.

These changes will likely have the greatest impact on businesses that handle consumer data exclusively from jurisdictions that, up until recently, have not imposed robust privacy regimes. Meanwhile, larger companies, which are accustomed to consolidating privacy language required by several regimes into one contract, ...