Industry lawyers on GDPR: 'Panic is not your friend'

May 25 should not mark a day of calamity for failing to comply with the European Union’s General Data Protection Regulation, which would impose tough financial penalties in the interest of protecting the personal information of EU citizens held by companies throughout the world, according to lawyers tracking the regulation.

“GDPR will be enforced starting on May 25, but panic is not your friend and true understanding of GDPR will involve post-May 25 guidance, enforcement actions and court decisions,” Kendall...