what is tmt lawyer

by Prof. Brown Kozey 8 min read

Full Answer

What is TMT Law and is it for You?

TMT lawyers are at the fast end of a quickly evolving area of law. If you get your kicks from new technology and the changing world around us, then TMT could offer you a great opportunity. What does TMT law involve? Legal services in the TMT sector include: providing advice on the licensing of software and hardware and outsourcing arrangements.

What do legal services do in the TMT sector?

Legal services in the TMT sector include: providing advice on the licensing of software and hardware and outsourcing arrangements. A lot of work focuses on new media and technology developments, such as the internet, mobile telephony, data protection and privacy laws, e-commerce issues and fraud prevention.

What skills do you need to be a TMT lawyer?

TMT lawyers need to have knowledge of and/or be interested in the media and technology sector as a whole. A TMT lawyer will need strong communication and negotiation skills. Adaptability and flexibility are also key, as lawyers will be expected to come up with solutions to unprecedented legal issues.

What are the different types of TMT firms?

Some representative firms include Intel, AMD, Texas Instruments, and Nvidia. Software companies produce computer or mobile applications for both individuals and enterprises. Microsoft, Adobe, and SAP rank among the top software firms. Furthermore, media and telecom companies also play essential parts in the TMT sector.

image

What does TMT stand for in law?

Technology, media and telecommunications law (TMT) deals with the movement of communications across various different platforms, whether it's television, print, the internet or mobile devices. TMT lawyers are at the fast end of a quickly evolving area of law.

What is a TMT?

Technology, media and entertainment, and telecommunications (TMT) companies are the building blocks of transformation and will continue to drive economic recovery and our post-pandemic future.

What is a TMT practice?

TMT companies and investors operate in dynamic markets subject to intense public and regulatory scrutiny. To address critical legal matters, Ropes & Gray works across practice areas to manage the many challenges of these fast-changing industries.

What is technology media and telecommunications?

The technology, media, and telecom (TMT) sector is an industry grouping that includes the majority of companies focused on new technologies. There is a substantial overlap between TMT and the 1990s idea of the new economy. The TMT sector is sometimes also referred to as technology, media, and communications (TMC).

What is a TMT consultant?

Our almost 100 dedicated Telecommunications, Media and Technology (“TMT”) professionals are a highly experienced team of strategy, operations and finance experts.

What is TMT Deloitte?

Deloitte's Audit & Assurance Technology, Media & Telecommunications (TMT) industry practice is focused on quality and innovation, powered by audit and assurance professionals who can provide deep industry knowledge and insightful audits.

What telco means?

telecommunications or communication service providerTelco – a telecommunications or communication service provider (CSP) company that transports information electronically through telephony and data communication services in the networking industry. Since the invention of mobile telephony most telcos have also become Internet service providers (ISPs).

What is telecommunication media?

telecommunications media, equipment and systems—metal wire, terrestrial and satellite radio, and optical fibre—employed in the transmission of electromagnetic signals.

What is TMT in PwC?

At PwC, our global network of highly specialized technology, media and telecom (TMT) practitioners help companies realise sustainable businesses, mitigate risks, build new revenue streams and lower costs.

What is TMT in banking?

TMT stands for Technology, Media, and Telecommunications, so the TMT investment banking group covers clients in those industries. Investment banking services provided to these clients include equity and debt capital raising, mergers, acquisitions, divestitures, risk management, and other advisory mandates.

What are some examples of Telecommunications?

Important telecommunication technologies include the telegraph, telephone, radio, television, videotelephony, satellites, closed computer networks and the public internet.

What is TMT law?

TMT is a fast-moving and ever-changing area of law. The perpetual introduction and development of new technologies requires those working with TMT clients to be forward-thinking and adaptable.

What do TMT lawyers need?

A TMT lawyer will need strong communication and negotiation skills. Adaptability and flexibility are also key, as lawyers will be expected to come up with solutions to unprecedented legal issues. Attention to detail is crucial as the bulk of ...

Episode information

Today’s episode is all about Technology, Media & Telecommunications law.

Question for Listeners

Do you work in TMT law? Would you like to work in this field? If you do or if you would like to – why? Why did you choose this area? Let me know.

Who is Baker McKenzie Wong and Leow?

Baker McKenzie Wong & Leow ' has the broadest range of competency of any legal firm ', according to one client, and is a top global name for IT procurement, telecoms, data privacy, cloud computing, and TMT IP-related matters. Practice head Ken Chia advises across a broad range of mandates but best known for outsourcing, software licensing, and systems implementation projects. Lim Ren Jun is the key figure for data protection, cybersecurity, and regulation in the consumer, media, and health sectors.

Who is the WongPartnership LLP?

The practice is spearheaded by Lam Chung Nian, who takes the lead in handling contentious and non-contentious issues such involving TMT aspects of IP transactions, cybersecurity and data protection, and contractual agreements in the telecoms sector. IP lawyer Kylie Peh is also recommended.

Who is Lim Chong Kin?

Lim Chong Kin leads the comprehensive TMT offering at Drew & Napier LLC which is regularly engaged to draft various technology contracts, and assists in outsourcing, software integration, and software licensing. The practice retains a strong media and telecoms regulatory advisory capability, alongside complementary offering in data protection and transactional support. New partner hire David Alfred joined from Personal Data Protection Commission in February 2020, and has over 20 years’ experience in data protection, cybersecurity, and regulatory enforcement.

Who is the TMT lawyer?

The team handles regulatory, contractual, contentious and transactional matters, with a strong track record in M&A transactions, joint ventures in the IT and telecoms sectors, and regulatory and contractual issues, where it acts for internet providers, cable network providers and telecoms companies. Michele Bernasconi, who is singled out as ‘ one of the leading lawyers in the TMT field worldwide ’, heads up the practice with Markus Wang. Jan Kleiner is another key contact to note.

What is TMT law?

The TMT practice at Schellenberg Wittmer Ltd acts for clients from a variety of sectors, including the financial services, pharmaceuticals and life sciences, retail and construction industries, handling a broad array of contentious and non-contentious issues. The team combines expertise in telecoms, IT, competition and IP law to provide advice on information and communication technology transactions, public procurements, cooperation agreements, data protection work, cyber investigations and dispute resolution. Practice head Roland Mathys advises on software development, outsourcing and licensing mandates; Lorenza Ferrari Hofer, who joined in 2020 from Pestalozzi, and Samuel Klaus are further key contacts.

What is Times Attorneys?

TIMES Attorneys is a boutique firm specialising in IT, IP, data, media and entertainment work. Clients include start-ups as well as established corporations from various sectors, including the financial services, automotive and aviation industries. Alesch Staehelin left the firm in 2021.

What is CMS practice?

CMS is experienced in negotiating and drafting contracts for IT procurements and sourcing issues as well as assisting with large, cross-border transactions. The team advises on various regulatory and corporate issues, including data protection work, and acts in litigation and arbitration proceedings. Practice head Dirk Spacek is experienced in fintech, e-commerce and cloud-computing matters and issues pertaining to robotics, heavy electrical equipment and automation technology. Alain Raemy focuses on competition law and corporate transactions.

What is MME legal?

MME Legal | Tax | Compliance advises companies from the technology and telecoms sectors as well as banks and health care providers on a variety of TMT matters, including IP and data protection mandates. The team is well-versed in fintech, IT, gaming and distributed ledger technologies and assists with outsourcing, relocation and distribution projects as well as advising on contractual matters. Practice head Martin Eckert specialises in blockchain and software issues, while Michael Kunz acts on technology transfers and focuses on fintech mandates and the regulation of distributed ledger technologies.

What is TMT in telecoms?

Meyerlustenberger Lachenal Ltd ’s TMT practice is experienced in all aspects of television work, video on demand issues and the distribution of content via the internet. The team regularly advises telecoms companies and clients in the luxury goods and e-commerce sectors on regulatory and copyright issues, data protection work, advertising matters including social media and influencer marketing mandates, IT outsourcings, licenses as well as transactional matters. Lukas Bühlmann is noted for his expertise in various aspects of the digital economy, while Reinhard Oertli is focused on cross-border issues, internet matters and contentious work. Michael Reinle is a key contact for IT, technology and data mandates.

Who is Pestalozzi?

Pestalozzi acts for TMT clients on contentious and non-contentious matters and has particular experience in IT and data protection work. The team advises on data outsourcing, online distribution, advertisement, software licensing and e-commerce mandates, and also negotiates and drafts contracts. Thomas Legler advises on telecoms, data protection and media and entertainment issues and has experience in arbitration proceedings. Michèle Burnier specialises in data protection, IT and telecoms work and represents clients before civil and criminal courts. Lorenza Ferrari Hofer left the firm in 2020.

What is TMT in business?

The TMT sector includes a wide range of companies that depend on research & development ( R&D ). They focus on patents and other intellectual property and prefer rapid company growth.

What is TMT industry?

The technology, media, and telecom (TMT) sector is an industry grouping that includes the majority of companies focused on new technologies. The TMT sector includes a wide range of companies that depend on research & development (R&D).

What is the TMT sector?

What Is the Technology, Media, and Telecom (TMT) Sector? The technology, media, and telecom (TMT) sector is an industry grouping that includes the majority of companies focused on new technologies. There is a substantial overlap between TMT and the 1990s idea of the new economy.

Why can't the technology sector hold all the firms that depend on innovation?

The technology sector can no longer hold all the firms that depend on innovation because the role of technology in the economy has expanded. For example, Facebook ( FB) and Netflix ( NFLX) are both in the Communication Services Select Sector SPDR Fund ( XLC) rather than the Technology Select Sector SPDR Fund ( XLK ).

Is Facebook a TMT company?

Facebook may be viewed as either an Internet company or a media company. Apple can be placed in the Internet, hardware, software, or media category, depending on who is judging the company.

image