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Legal Tech
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12 Lawyers Who Are The Future Of The Supreme Court Bar
One attorney hasn't lost a single U.S. Supreme Court case she's argued, or even a single justice's vote. One attorney is perhaps "the preeminent SCOTUS advocate." And one may soon become U.S. solicitor general, despite acknowledging there are "judges out there who don't like me." All three are among a dozen lawyers in the vanguard of the Supreme Court bar's next generation, poised to follow in the footsteps of the bar's current icons.
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Linklaters Teams Up With King's College For GenAI Training
Linklaters LLP, in collaboration with the Dickson Poon School of Law at King's College London, announced on Thursday the launch of a new generative artificial intelligence training course to help its lawyers better understand generative artificial intelligence as the firm moves to adopt such technology this year.
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Dallas Firm Higier Allen Launches Commercial Loan Service
Dallas-based business law firm Higier Allen & Lautin PC announced Wednesday the launch of a document service that streamlines the process of creating commercial loan documents.
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A Deep Dive Into In-House Counsel Pay
The total compensation packages for in-house counsel at different levels of the corporate ladder can vary widely, with especially large variations seen in bonus amounts and long-term incentives, according to a new Law360 Pulse report.
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To Go, Or Not To Go, To A Firm Directly From Law School
Most legal professionals historically have emphasized the need for young attorneys to gain firm experience immediately after law school. However, that thought is shifting, as more junior lawyers graduate and go directly to a corporate legal team — movement that could eventually take hold as the in-house legal department continues to rise in prominence within businesses.
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Here's How To Negotiate The Best Pay Packages For GCs
Not all general counsel can pull in a pay package that places them near the top 10 highest-paid in-house lawyers. But every top legal officer can use some pro tips on how to negotiate the best deal possible. Law360 Pulse asked several executive compensation experts to share their advice.
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In-House Tech Leaders On Joining Forces At Gibson Dunn
Keith Enright, Google's former chief privacy officer who recently joined Gibson Dunn & Crutcher LLP to co-lead its tech and innovation industry group alongside S. Ashlie Beringer and Jane Horvath, has worked in-house to help corporations navigate data privacy issues for most of his legal career. Enright and Beringer recently spoke with Law360 Pulse about combining their in-house backgrounds, their goals for their practices and more.
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France-Based Formality Eyes US Expansion With Funding
Formality, a contract management software company based in France, secured €8 million ($8.8 million) in new funding on Wednesday.
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M&A Vet Joins Debevoise In NY From Legal AI Co.
Debevoise & Plimpton LLP has boosted its New York office with a veteran mergers and acquisitions attorney who recently worked as chief product officer at legal-focused artificial intelligence company Harvey.
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LexShares Argues Ex-CEO's Suit 'Defies Common Sense'
Litigation financing company LexShares Inc. urged a Massachusetts federal court to throw out a Black former CEO's suit, arguing that his racial discrimination claim against two board members who helped him acquire the company "defies common sense."
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A Deep Dive Into Top GC Pay
Law360 Pulse looked beyond bare financials to see how business sectors, law firms and schools could influence the pay of top-earning GCs in S&P 500 companies. Here’s what we found.
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These Are The Legal Chiefs Who Command Top Dollar
With the increasingly dynamic role of the top corporate lawyer playing out across sectors — as well as stock awards that far outpace the amounts they see in their salaries and bonuses — the pay packages for most general counsel and chief legal officers continue to stay strong.
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Everything You Need To Know About GC Pay
Want to know which legal chief is earning the most at an S&P 500 company? How compensation compares across business sectors? Explore the ins and outs of general counsel compensation with our interactive graphic.
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Adapt Or Die: Alternative Legal Service Providers' AI Dilemma
Despite the buzz around generative artificial intelligence replacing lawyers, one category of legal vendors faces a particularly high risk of being supplanted: alternative legal service providers, or ALSPs.
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DocJuris Closes $8M Series A Funding Round
Legal technology company DocJuris on Tuesday announced the closing of an $8 million Series A funding round, bringing total capital raised for the Texas company to $11.2 million.
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Fennemore Launches AI Initiative With Wash. Firm Merger
Western regional firm Fennemore Craig PC has undertaken its fifth merger of the year, combining with a Washington state business and real estate firm with flat fee offerings and a focus on technology, with Fennemore saying Tuesday the merger is part of an overall investment in artificial intelligence legal technologies.
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Firms Add Nonequity Partners, And Many Aren't Happy
Nonequity partners make up one of the fastest-growing tiers of lawyers at major law firms — and that tier is the most discontented, according to Law360 Pulse's 2024 Law Firm Compensation Survey.
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Equity Partners At Smaller Firms Are Most Content With Pay
Lawyers in private practice are generally happy with their compensation, and BigLaw associates are particularly satisfied, thanks to openly competitive rates of pay. But equity partners at smaller firms are happiest, according to a new Law360 Pulse survey.
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A Deep Dive Into Law Firm Pay
The legal industry may be known for its relatively high pay, but don't tell that to lawyers: Barely half of all attorneys feel satisfied or very satisfied with what they make, according to a new Law360 Pulse report.
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Faegre Drinker Relocates Design Lab To Scottsdale, Arizona
Faegre Drinker Biddle & Reath LLP has announced the relocation of its Stanford University-backed Legal Design Lab from Silicon Valley to a new outpost in Scottsdale, Arizona.
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Contract Co. Pramata Teams With Deloitte Transactions Unit
Contract management platform Pramata announced Tuesday a new strategic alliance with Deloitte Transactions and Business Analytics LLP, a subsidiary of Deloitte LLP.
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AI Co.'s Antitrust Claims Against Thomson Reuters Tossed
A Delaware federal court dismissed antitrust counterclaims being brought by tech startup ROSS Intelligence in a case from Thomson Reuters alleging ROSS ripped off the Westlaw research platform for its artificial intelligence product.
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McDermott Adds Its First Director Of AI Innovation
McDermott Will & Emery LLP has continued its investment in technology and innovation by creating a new role focused on artificial intelligence, the firm said Monday.
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Ex-Casetext VP Talks FiscalNote Role, Family Olive Oil Co.
After a six-year stint in product development at Casetext, Can Babaoglu told Law360 Pulse he is spending his days settling into a new role with FiscalNote, and on off-hours helping to establish a family-founded olive oil company.
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Expert Witness Co. Expert Institute Sold To Levine Leichtman
New York-based legal services provider Expert Institute has been sold to private equity firm Levine Leichtman Capital Partners from its previous owner Spectrum Equity, according to a Monday announcement.
Expert Analysis
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How Generative AI's Growing Memory Affects Lawyers
A new ChatGPT feature that can remember user information across different conversations has broad implications for attorneys, whose most pressing questions for the AI tool are usually based on specific, and large, datasets, says legal tech adviser Eric Wall.
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A Model For Optimal Legal Tech Investment Strategy
Legal organizations struggling to work out the right technology investment strategy may benefit from using a matrix for legal department efficiency that is based on an understanding of where workloads belong, according to the basic functions and priorities of a corporate legal team, says Sylvain Magdinier at Integreon.
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Personality Tests And Machine Learning Applications In Law
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
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AI Is Reshaping Lawyering: What To Expect In 2024
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.
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How AI Legal Research Tools Are Shifting Law Firm Processes
Although artificial intelligence-powered legal research is ushering in a new era of legal practice that augments human expertise with data-driven insights, it is not without challenges involving privacy, ethics and more, so legal professionals should take steps to ensure AI becomes a reliable partner rather than a source of disruption, says Marly Broudie at SocialEyes Communications.
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Data Source Proliferation Is A Growing E-Discovery Challenge
With the increased usage of collaboration apps and generative artificial intelligence solutions, it's not only important for e-discovery teams to be able to account for hundreds of existing data types today, but they should also be able to add support for new data types quickly — even on the fly if needed, says Oliver Silva at Casepoint.
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Bracing For A Generative AI Revolution In Law
With many legal professionals starting to explore practical uses of generative artificial intelligence in areas such as research, discovery and legal document development, the fundamental principle of human oversight cannot be underscored enough for it to be successful, say Ty Dedmon at Bradley Arant and Paige Hunt at Lighthouse.
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Why I Use ChatGPT To Tell Me Things I Already Know
The legal profession is among the most hesitant to adopt ChatGPT because of its proclivity to provide false information as if it were true, but in a wide variety of situations, lawyers can still be aided by information that is only in the right ballpark, says Robert Plotkin at Blueshift IP.
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How ALSPs And Generative AI Can Work Together
Alternative legal service providers can marry the best attributes of artificial and human intelligence to expedite turnarounds and deliveries for contract review, e-discovery and legal research, says Tariq Hafeez at LegalEase Solutions.
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How Firms Can Stop Playing Whack-A-Mole With Data Security
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In order to achieve a robust client data protection posture, law firms should focus on adopting a risk-based approach to security, which can be done by assessing gaps, using that data to gain leadership buy-in for the needed changes, and adopting a dynamic and layered approach, says John Smith at Conversant Group.
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How To Thrive As A New Legal Operations Manager
To make their first 90 days on the job a success, new legal operations managers should focus on several key objectives, including aligning priorities with leadership and getting to know their team, says Ashlyn Donohue at LinkSquares.
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Resume Gaps Are No Longer Kryptonite To Your Legal Career
Female attorneys and others who pause their careers for a few years will find that gaps in work history are increasingly acceptable among legal employers, meaning with some networking, retraining and a few other strategies, lawyers can successfully reenter the workforce, says Jill Backer at Ave Maria School of Law.
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Law Firm Guardrails For Responsible Generative AI Use
ChatGPT and other generative artificial intelligence tools pose significant risks to the integrity of legal work, but the key for law firms is not to ban these tools, but to implement them responsibly and with appropriate safeguards, say Natalie Pierce and Stephanie Goutos at Gunderson Dettmer.
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How In-House Counsel Can Prepare For Generative AI Risks
To safeguard against the many risks posed by generative artificial intelligence legal tools, in-house counsel should work with their information security teams to develop new data security questions for prospective vendors, vet existing applications and review who can utilize machine guidance, says Diane Homolak at Integreon.
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Opinion
We Must Continue DEI Efforts Despite High Court Headwinds
Though the U.S. Supreme Court recently struck down affirmative action in higher education, law firms and their clients must keep up the legal industry’s recent momentum advancing diversity, equity and inclusion in the profession in order to help achieve a just and prosperous society for all, says Angela Winfield at the Law School Admission Council.