Overview. In the rapidly evolving landscape of business communications, the acts of recording and transcribing conversations have become significantly easier than in the past. The shift toward remote work, the growth of video conferencing platforms, Voice over Internet Protocol (VOIP), and the proliferation of artificial intelligence (AI) have all increased ease of recording, making it crucial that companies and individuals are aware of the laws governing such actions.
This article will explore the recording of telephone and other electronically-conducted conversations, with a particular focus on recording in the context of the investment relationship between General Partners (GPs) and Limited Partners (LPs). We will trace recent technological developments that have changed the discussions on these topics, explore the governing laws, and offer advice as to best practices and other important considerations. We will also briefly discuss employee recordings.
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