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The integration of generative AI is fundamentally transforming how legal professionals manage their daily tasks, with many anticipating that these AI-driven efficiencies will lessen the reliance on billable hours, according to a survey report posted Thursday.
OpenAI Inc. has brought on Uber Technologies Inc.'s chief ethics and compliance officer to head up its compliance department as it works to "build on [its] ongoing efforts to responsibly advance AI," the company said Tuesday.
Toronto-headquartered legal technology company Dye & Durham Ltd. is actively seeking a sale, the company has disclosed to investors.
For global tech startup Matillion, hiring a new head of legal resulted in the company replacing its contract lifecycle management, or CLM, tool within the year. Here, Law360 Pulse takes a look at what spurred the change.
Travers Smith LLP announced on Wednesday that it has launched an internal training program to improve literacy on artificial intelligence across the business as more and more firms make use of new technology for client work.
The California Supreme Court on Tuesday gave the green light to the California State Bar's push to make the Golden State's bar exam mostly remote starting in February 2025, according to an order that also backed a study pretesting "experimental" exam questions.
The Delaware Supreme Court has adopted a brief interim policy to guide judicial officers and court personnel in the use of generative artificial intelligence, permitting the "safe and appropriate" use of the technology in First State courts.
Arizona-based law firm Axiom Advice & Counsel, has welcomed a corporate and securities attorney from DLA Piper, growing its offerings to private equity sponsors and their portfolio companies, venture-backed entities and closely held businesses, the firm said.
Legal services provider LegalZoom cannot force a proposed class action alleging unauthorized practice of law into arbitration, a former customer has told a New Jersey federal judge, because the web platform provided an inadequate explanation for a supposedly binding arbitration agreement.
The Georgia Supreme Court has established a 16-person committee to explore uses of generative artificial intelligence in the judiciary, in partnership with the National Center for State Courts, the court said Tuesday.
For decades, a handful of New York-based law firms thoroughly dominated the national consciousness when it came to power, profitability and prestige. But in today's legal market, increased movement of partners and clients from one firm to the next has begun to shake things up and create opportunities for go-getters to ascend the ranks.
As many BigLaw firms see their revenues climb ever higher, we highlight those that reported topping the billion-dollar mark in the most recent calendar year.
Clients flock to firms with prestigious reputations, and so does top talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction
Zip, an artificial intelligence-powered procurement orchestration platform used by legal and other corporate teams, secured a $190 million Series D funding round on Monday.
A former Holland & Knight LLP partner asked a Pennsylvania federal judge Monday to toss a lawsuit alleging he unlawfully accessed a client's confidential documents in order to gain an upper hand in his contentious divorce, saying the "incendiary and defamatory" complaint is vague and fails to state viable claims.
Litigation services company Depositions Solutions LLC, which does business as Lexitas, announced on Monday the hiring of a chief revenue officer who spent 10 years in leadership roles at legal technology business Epiq.
Kirkland & Ellis LLP is continuing the build-out of its structured finance and private credit practice, announcing on Saturday the lateral hiring of two partners in New York and London.
Legal technology giant Litera has brought back former CEO Avaneesh Marwaha to lead the company as it integrates its ecosystem with more generative artificial intelligence.
The attorneys chosen as Law360's 2024 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
Ninth Circuit Judge William Fletcher expressed skepticism Friday that artificially intelligent "robot judges" should replace jurists, saying during a conference on complex litigation ethics that judges understand how to creatively apply the law to best serve justice, and "I don't trust the AI system to break the law when it should."
With the presidential election mere weeks away, a small army of lawyers will deploy throughout the country in a nonpartisan effort to ensure the process is fair, smooth and safe.
A former sales employee has filed an overtime class action alleging his former employer, Boston-based legal tech company LinkSquares Inc., misclassified inside sales staff as exempt from overtime pay in violation of federal and state wage laws.
Convincing lawyers to adopt new tools often comes with a lot of resistance, but law firms can alter their approach to get lawyers to comply with almost anything, a leading legal industry expert said Friday.
National firm Holtzman Vogel has announced the launch of an artificial intelligence practice group that is led by partner Jason Torchinsky and associate Oliver Roberts and includes three other attorneys.
Redactable Inc., whose software tool uses artificial intelligence to detect personally identifiable information in documents and redact it, announced Thursday a $1.9 million contract increase with the U.S. Air Force and its innovation arm AFWERX, two current customers with the New York-based startup.
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.
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.