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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Social media, if permitted or even encouraged by companies, creates great opportunities if the associated risks are properly managed. Have you defined internal policies to tackle issues, such as liability for user generated content or data privacy and confidentiality? Get familiar with other companies' best practices to evaluate your company's risk exposure or actively drive a new technology wave you will not be able to prevent.

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