February 2020

By Braden W. Johnson There’s no way to avoid it: Corporate transactions require the sharing of documents and information. For prior generations of lawyers, this sharing could involve creating a “dataroom” – a physical space somewhere on the globe filled with items for disclosure. Parties would pilgrimage to these datarooms to perform due diligence for the transaction. When inside the dataroom, cameras and photocopies were typically banned, marking or highlighting documents was a serious offense, and cell-phones (to the extent they existed) were usually forbidden. Some dataroom parties were even asked to consent to a search or metal detector scan