There’s a great deal of specialized terminology associated with the practice of law, but tech speak is a whole other bag of tricks. During Thursday’s installment of the Association of Corporate Counsel’s Annual Meeting, the virtual panel “Lost in Translation: Tech Speak for Non-Techies” delved into some of the lingo that in-house attorneys may find themselves using when negotiating software agreements, consulting arrangements or the working in the cybersecurity realm.
For starters, one phrase that legal departments may hear bandied about a lot is “SaaS agreement.” SaaS stands for “software as a service,” typically utilized via the cloud. According to panelist Gabriella Ziccarelli, director of legal at WeWork, this format is how most software is delivered in the modern day.
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