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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.
Legal technology has the potential to eliminate barriers for disabled attorneys navigating their careers and for disabled clients seeking access to justice, but to truly level the playing field, accessible technology must be designed with input from and empathy for the often-underrepresented communities it serves, say Lisa Mueller at Casimir Jones and attorney Haley Moss.
Despite strides made in the e-discovery industry, document reviews continue to be one of the most expensive line items for litigation, so law firms working with alternative legal service providers should consider key best practices, including providing clear protocol, having transparent deadlines, and more, says Phoebe Gebre at Integreon.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
As law firms turn to legal technology to help expedite case processing and other workflows, leaders must focus on creating a lean set of business tools and keep one eye on the future to plan their technology road map, says Simon Whitburn at Exterro.
Taking the time to learn which cybersecurity attacks could pose the most likely threat to your law firm is the first step to keeping sensitive data safe, protecting valuable client relationships and potentially saving millions of dollars in losses, says Daniel Klein at Cynet.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Companies must focus on several preliminary tasks when integrating artificial intelligence into their contract life cycle management systems to reap the benefits of data-driven insights and seamless processes, says Charmel Rhyne at Onit.
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.
Law firms implementing artificial intelligence tools to help lawyers find answers to administrative questions should remember that poor data integration practices can be costly and time-consuming, and must consider four steps to lay the groundwork, says Bim Dave at Helm360.
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.