Cologne, NRW -- (SBWire) -- 10/21/2014 --GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London – http://www.grprainer.com/en conclude: Due to enormous technical developments over the past few years, IT law or information technology law has gained hugely in importance. There is an internet connection in almost every household and, of course, at most workplaces. As much as technology can be a boon for many businesses and private users, it has equally raised many new legal questions. IT law comes into contact with a series of other legal fields, in particular data protection law, trademark law, copyright law and competition law.
Thanks to modern technology, many transactions can be completed quickly and easily. However, society and businesses have also become vulnerable, for example, to hacker attacks. It is particularly in the field of data protection that the damage can be enormous. It is all the more important for businesses to contractually regulate their relationships with clients, distribution and business partners or licensees, and cover their backs. Since many legal fields have to be addressed and taken into account, this ought to happen in conjunction with legal consultation. Lawyers competent in the field of IT law who have extensive know-how in the adjacent fields of law can ensure agreements are watertight and safeguard your interests in the event of legal disputes.
They can start with the business’s website, which, first and foremost, must satisfy the requirements of the German Telemedia Act. It is especially with regard to e-commerce that cancellation policies and general terms and conditions (GTC) have to be legally secure; otherwise, one will end up being faced with a warning letter sooner than expected, as competitors are just waiting for this kind of mistake to be made. If, for instance, the website has to be removed even temporarily from the internet as a consequence of a warning letter, the damage can be enormous.
Rules and regulations concerning the internet or the use of new media are currently still undergoing constant change, which can also lead to changes in legal consequences. This makes regular consultation with competent lawyers all the more important.
About GRP Rainer LLP
GRP Rainer LLP http://www.grprainer.com/en/ is an international firm of lawyers and tax advisors who are specialists in commercial law. The firm counsels commercial and industrial companies and corporations, as well as associations, small- and mid-sized businesses, self-employed freelancers and private individuals worldwide from offices Cologne, Berlin, Bonn, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London UK.
Contact Michael Rainer
Lawyer, Managing Partner
GRP Rainer LLP
Hohenzollernring 21-23
50672 Cologne
Germany
Phone: +49 221-27 22 75-0
info@grprainer.com
http://www.grprainer.com/en/IT-Law.html
IT Law Gaining in Importance on Many Issues
There is scarcely another field of law that has grown so much in importance over recent years as IT law. People come into contact with this field both from professional and private perspectives on an almost daily basis.