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Vertice, a spend optimization platform serving legal and other enterprise teams, raised a $50 million Series C funding round Wednesday.
Law360 Pulse asked corporate counsel to identify some common misconceptions about working in-house and share their thoughts on the rewards and challenges of their jobs. Here's what they said.
It may once have been that the typical in-house lawyer worked a 40-hour week, but that no longer appears to be the case for many corporate counsel, with more than 40% reporting they exceed 50 hours at work each week in a recent survey by Law360 Pulse.
In-house attorneys report high job satisfaction when it comes to schedule flexibility, team collegiality, and compensation, but concerns linger about workload and career advancement, particularly for mid-level lawyers seeking to climb the career ladder, according to a new Law360 Pulse report.
While most in-house lawyers seem generally happy with their outside counsel, about 9% of participants in Law360 Pulse's first In-House Counsel Satisfaction Survey want more, saying they are fed up with being nickel-and-dimed while receiving low quality work and poor communication from their outside attorneys.
Macfarlanes LLP said Wednesday it has launched a new generative artificial intelligence tool for its clients to use, aiming to help their in-house teams get through "routine work" more efficiently.
London-based law firm Avantia Law has developed an artificial intelligence agent platform called Ava that can assist with a range of tasks including email drafting, contract review and compliance checks, the firm announced Wednesday.
CloudLex became the latest legal technology provider to release an artificial intelligence platform designed exclusively for personal injury law on Tuesday.
Legal management and administration services provider JND Legal Administration has picked a former attorney turned e-discovery expert to be its vice president of e-discovery sales.
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, including at the U.S. Supreme Court.
Luminance, which provides legal software using artificial intelligence, announced Monday the appointment of Martina King, chief executive at payments protection company Featurespace, as its chair.
Cadwalader Wickersham & Taft LLP has accused a Lloyd's of London syndicate of attempting to "embarrass" the firm by publicly revealing the firm's data breach recoveries amid the insurer's bid to toss a coverage suit stemming from a 2022 hack.
The legal industry had another busy week as law firms inked new deals, elevated attorneys and expanded practices. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
There were several acquisitions this week in legal technology, including deals involving a medical record retrieval company, a legal case management system and a digital transformation provider.
California Supreme Court Chief Justice Patricia Guerrero told reporters Thursday that the judiciary is preparing for the possibility that the Trump administration will target state courthouses to arrest unauthorized immigrants, and described how the judiciary plans to evaluate the ethical use of artificial intelligence in the judicial process.
Venable LLP has hired the former head of advanced cybersecurity solutions and partnerships at Mandiant, a cybersecurity company, as senior director for cybersecurity services in Washington, D.C..
Freeths LLP announced Wednesday the appointment of Jake Pennington-Slater, who departed Deloitte late last year, as its first in-house e-discovery manager.
Legal networking group the L Suite, formerly known as TechGC, has announced its acquisition of Legal Innovators Network, or LINK, a community organization representing 800 senior legal operations professionals.
Eve, an artificial intelligence platform that helps plaintiff law firms handle case tasks from intake to litigation, secured a $47 million Series A funding round on Thursday.
The National Center for State Courts is assembling the final components of an innovation lab at its international office in Arlington, Virginia, where judicial leaders from around the world can come and test the latest court technology.
General counsel in a new survey increasingly fear the rise of "nuclear verdicts" — unexpectedly high jury awards — and they are expressing growing support for the use of artificial intelligence to save resources and spot risk.
Adjusting to ever-evolving technology including artificial intelligence, automation and emerging legal tech is the biggest challenge facing the legal industry in 2025, according to a new survey by peer-review publication company Best Lawyers.
Parambil, a legal technology startup that offers medical record analysis and litigation support, secured a $2 million pre-seed funding round on Wednesday.
Legal aid associations can improve their client intake process by using educational animated videos and generative artificial intelligence assistants and by partnering with other organizations, according to a recent panel.
Opinion
Attorneys Should Have An Ethical Duty To Advance DEINational and state bar associations are encouraging attorneys to apply diversity, equity and inclusion practices in the legal profession and beyond, and these associations should take it one step further by formally recognizing ethical duties for attorneys to promote DEI, which could better the legal profession and society, says Elena Mitchell at Moore & Van Allen.
Corporate counsel often turn to third-party vendors to manage spending challenges, and navigating this selection process can be difficult for both counsel and the vendor, but there are several ways corporate legal departments can make the entire process easier and beneficial for all parties involved, says David Cochran at QuisLex.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
The growing demand for analytical data within law firms and corporate law departments — from live case status updates to diversity reports — highlights the need for improvements in legal profession reporting, with increasingly granular industry-standard codes to describe legal tasks being key, says Kenneth Jones at Xerdict.
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.