November 27, 2019
The Financial Times
The Financial Times has shortlisted two different Nelson Mullins projects for its 2019 Innovative Lawyers Report and Awards for North America. They are: Making HIPAA compliance easier with HIPAA2Z in the new products and services subcategory for business of law, and San Diego Workforce Partnership in the creating a new standard subcategory for legal expertise.
Winners will be announced at an awards dinner in New York City on December 9, 2019.
HIPAA2Z™ is a compliance tool developed by Nashville Partner Roy Wyman, who co-chairs the firm’s Privacy & Security Industry Group, with the assistance of security professionals. It streamlines privacy and security compliance and includes a customized risk assessment, policies and procedures, internal documentation, template agreements, and other tools to help clients protect the security of data and ensure compliance with the Health Insurance Portability and Accountability Act.
Nelson Mullins rolled out HIPAA2Z™ in October 2018.
"By standardizing and automating HIPAA compliance, we reduce the cost, hassle, and time required to feel confident about protecting health information and complying with the law," Wyman said.
Nelson Mullins represents San Diego Workforce Partnership (SDWP) and assisted the client with the development of a new job skills program to meet the shortages in San Diego’s fastest-growing industries such as digital marketing, business intelligence, java programming and front-end web design.
In partnership with the University of California San Diego Extension, this new program gives displaced and unemployed workers the ability to obtain job “up-skilling” in technology fields without up-front tuition or fixed student loan debt. The program uses Income Share Agreements (ISAs), which are a financial tool through which SDWP pays the cost of the program in exchange for the student agreeing to make payments linked to a percentage of the student’s future income. The program maintains minimum income thresholds before payments are triggered to protect against under-employment. This program is especially attractive to individuals in traditionally underserved communities that may be debt adverse, or those who have poor, little, or no credit history. It is offered regardless of income or background. SDWP will provide participants mentoring, internship and job placement services and help with transportation, housing and childcare needs.
Nelson Mullins assisted SDWP in developing student-facing disclosures, program structuring, and alternative funding models to bring various stakeholders together for the benefit of these displaced workers.
The Financial Times received over 450 submissions and nominations this year, from 80 law firms and 60 in-house legal teams, and conducted over 600 interviews with clients, senior lawyers, executives and experts to arrive at the final rankings.
The FT Innovative Lawyers program assesses lawyers on their innovation for clients and in their own businesses. It consists of rankings and awards based on independent research from RSG Consulting and journalism from the FT. The results are announced at an awards event, and the rankings are published as an FT Special Report.
Established in 1897, Nelson Mullins has more than 800 attorneys and government relations professionals with offices in 11 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.
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