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A leading executive leaving a legal technology company tops this roundup of recent industry news.
International law firm Quinn Emanuel Urquhart & Sullivan LLP is adding artificial intelligence litigation analytics platform Pre/Dicta to its repertoire of litigation tools, the firm and company announced this week.
The middle of May marked another action-packed week for the legal industry as former President Donald Trump's hush money trial continued and BigLaw firms expanded their reach in the U.S. and abroad. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The State Bar of California has shelved a plan to develop its own online bar exam, a shift that could save the cash-strapped organization up to $4 million per year, but drew opposition from law school deans concerned about its ambitious rollout timeline.
As federal judiciary officials explore how to handle evidence faked by artificial intelligence, attorneys are divided over the need to change evidence rules, with some worried that current rules are not up to the challenges posed by deepfakes, and others fearful that altering them might do more harm than good.
Contract review software company eBrevia Inc. recently launched its first new product since the business was bought back by its co-founders Adam Nguyen and Jake Mundt. Here, the co-founders spoke with Law360 Pulse about why they repurchased eBrevia and their plans for the company.
Practice management solutions provider SurePoint Technologies announced on Thursday the acquisition of legal intelligence firm Leopard Solutions.
Leya, an artificial intelligence-powered legal assistant that pulls public legal sources and proprietary data from law firms, raised a $10.5 million seed round on Thursday.
Buchalter PC announced that it hired the former chief legal officer at mortgage-focused fintech company Sagent as a Seattle-based shareholder and chair of its newly launched fintech and artificial intelligence practice group.
Goodwin Procter LLP announced this week the launch of Goodwin Embark, an investor onboarding service developed in partnership with software company Passthrough.
International law firm Faegre Drinker Biddle & Reath LLP is partnering with Chicago-based artificial intelligence predictive analytics platform Orgaimi Inc. to gain more insights from the firm's existing data to better serve clients.
A bipartisan group of senators on Wednesday laid out a "road map" for artificial intelligence policy that calls for increased AI innovation funding, testing of potential harms posed by AI and consideration of the technology's workforce implications.
Immediation, an Australia-based legal technology company that reached insolvency at the end of 2023, is back in business.
A former client of Gunster Yoakley & Stewart PA has filed a proposed class action in Florida federal court, alleging the law firm's weak cybersecurity systems allowed outsiders to access clients' personal and sensitive health information and that the firm waited over a year to inform those affected.
The State Bar of California's board of trustees is expected to consider replacing the National Conference of Bar Examiners' exam and new licensing test with its own state bar exam that could be taken remotely in order to cut up to $4.2 million in costs annually, according to a memo posted online in advance of this week's board meeting.
Some of the nation's largest legal insurance companies are reporting an unprecedented rise in "claim severity," according to survey data released Tuesday, with 11 of 13 insurers reporting paying claims in excess of $100 million in the past two years.
Seattle-based legal operations platform Aerial said it has raised $2 million in pre-seed funding to help startups organize corporate data in anticipation of investor showcases.
Legal support services provider Steno Agency Inc. announced Tuesday the securing of $46 million in funding along with the launch of a transcription tool backed by generative artificial intelligence.
Helm360, an American legal IT provider, has launched a program offering law firms a one-stop shop for "essential" products, services and expert knowledge.
Jus Mundi, a France-based search engine that helps lawyers involved with international arbitration gather vital data quickly, said Monday it is launching a six-month training program on the use of artificial intelligence in the legal profession, which will include guidance using its new arbitration-focused software.
A boutique law firm that specializes in intellectual property, artificial intelligence and high-stakes litigation has opened in Nashville.
Wright Squared PLLC, a Kansas City-based law firm with just three attorneys, developed a tool to help startup founders raising capital understand how potential company growth and stakeholder value evolve.
Government case management and court record search provider iDocket.com has asked a Texas bankruptcy court to approve a settlement between itself and Florida software company IncluIT concerning a disputed claim of $5.3 million.
Scottish law firm Thorntons announced in collaboration with the University of Dundee on Friday a government-derived award of £1.1 million ($1.38 million) to fuel education in law and technology at the school.
A growing legal technology startup expanded its C-suite this week with a new leader.
Best practices for adopting new legal technology include considering the details of the organization's needs, assembling an implementation team, integrating the new tool into the workflow and making it as easy as possible for the user, says Kate Orr at Orrick.
To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.
As clients increasingly tell law firms to integrate new legal technologies, firms should consider service delivery advancements that directly address the practice of law and can truly distinguish them — both from a technology and talent perspective, say members of Axiom Consulting.
Robert Keeling at Sidley reflects on leading discovery in the litigation that followed the historic $85 billion AT&T-Time Warner merger and how the case highlighted the importance of having a strategic e-discovery plan in place.
As virtual reality continues to develop, litigators should consider how it will affect various aspects of law practice — from marketing and training to the courtroom itself — as well as the potential need for legal reforms to ensure metaverse-generated data is preserved and available for discovery, says Ron Carey at Esquire Deposition Solutions.
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The Future Of Legal Ops: Time To Get Serious About DataMost corporate legal departments collect surface-level data around their operations, such as costs and time to resolution, but legal leaders should explore more in-depth data gathering to assess how effective an attorney was, how efficiently legal work was performed, and more, says Andy Krebs at Intel.
While many lawyers still believe that a manual, document-by-document review is the best approach to privilege logging, certain artificial intelligence tools can bolster the traditional review process and make this aspect of electronic document review more efficient, more accurate and less costly, say Laura Riff and Michelle Six at Kirkland.
Law firms considering machine learning and natural language processing to aid in contract reviews should keep several best practices in mind when procuring and deploying this nascent technology, starting with identifying their organization's needs and key requirements, says Ned Gannon at eBrevia.
Law firms need to shift their focus from solving the needs of their lawyers with siloed solutions to implementing collaboration technology, thereby enabling more seamless workflows and team experiences amid widespread embrace of hybrid and remote work models, says Kate Jasaitis at HBR Consulting.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.