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Alternative Data / Data Scraping

We have a robust alternative data practice and offer a variety of services to support you as you navigate this space. With years of experience advising clients across many sectors on the acquisition, use and monetization of alternative data, we understand the legal and business risks around these activities and can help you mitigate them. A few standard options are provided below for your consideration; however, we would be pleased to provide any combination or tailoring of these services or to discuss other ways we can assist you.

Alternative Data/Webscraping Training

ZwillGen can provide training to discuss legal issues related to webscraping and alternative data including: 

  • Alternative data categories and key questions
  • Legal framework for scraping and other alt data sources
  • Risk mitigation and policy considerations
  • Considerations for using a third-party vendor

Trainings typically last 60-90 minutes, including time for questions. We will provide a copy of the presentation slides as well as our standard due diligence questionnaire and model contract clauses.

Development of Internal Webscraping Policies and Procedures

ZwillGen can develop internal webscraping policies and protocols to capture your approach to your in-house webscraping activities and other alternative data use practices. We often prepare these following an alternative data/webscraping training presentation, but they can also be developed independently.

Alternative Data Vendor Management Process

ZwillGen can work with you to develop and formalize an internal process for evaluating and vetting alternative data vendors. Our vendor review process begins with an introductory conversation to identify the different vendors that you are using or considering engaging. We then develop a classification scheme based on the type of information the vendors are collecting and providing. For each vendor category, ZwillGen can provide content-specific due diligence questions and recommend contractual clauses for inclusion in vendor contracts.

Alternative Data Counseling

ZwillGen is available to answer questions and provide general counseling on issues pertaining to alternative data acquisition and use. Counseling can include reviewing specific vendor contracts and responses to vendor diligence questionnaires, assessing the relative risk of internal or externally run scrapes, or otherwise assisting in the vendor diligence and engagement process. This work is can be conducted hourly or on a per vendor basis.

Billing Philosophy

We believe the existing hourly law firm model is outdated and misaligns the interests of lawyers and their clients. That’s why we have alternative pricing models. On every matter, our goal is to find the right pricing structure to align our incentives with your success.

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