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Reed Smith LLP announced Thursday that it has promoted an information technology pro who has been with the firm for more than two decades to be its chief information officer.
Data management and intelligence company Cellebrite DI Ltd. says it has acquired Cyber Technology Services Inc. and established a new division serving the U.S. federal government.
International business advisory firm FTI Consulting Inc. has promoted a former WilmerHale managing partner to be global segment leader of its forensic and litigation consulting division and join its global executive committee.
Brazil-based contract lifecycle management provider netLex has announced the closing of an R$126 million ($22.6 million USD) funding round led by U.S. private equity firm Riverwood Capital.
Xapien, a U.K.-based due diligence platform used in legal and other industries, announced Wednesday that it has completed a $10 million Series A funding round that will allow the company to expand into the U.S.
Baker Donelson Bearman Caldwell & Berkowitz PC is adding a former general counsel of IT service provider DXC Technology Co. as a senior public policy adviser and of counsel in the firm's Washington, D.C., office, it announced Wednesday.
Legal software company Clio said Tuesday it has launched a new accounting software product for law firms — Clio Accounting — that's designed for use with an existing Clio product, Clio Manage.
Alternative legal services provider Execo has acquired India-based competitor Cacti Legal to strengthen its generative artificial intelligence offerings, marking its sixth acquisition, the company said Wednesday.
The Swedish legal artificial intelligence platform Leya added a $25 million Series A investment Wednesday as it seeks to compete with other emerging players offering generative AI for law firms' use.
Jackson Lewis PC has brought aboard a new chief technology officer with decades of law firm-focused information technology and management experience, who most recently held the role of chief digital officer for professional services firm Citrin Cooperman.
National litigation support services company Magna Legal Services has acquired family-owned, California-based competitor Bosco Legal Services, an acquisition that strengthens its service offerings.
Law firms' ongoing initiatives to address diversity challenges have driven another year of progress, with the representation of minority attorneys continuing to improve across the board, albeit at a slower pace than in previous years. Here's our data dive into minority representation at law firms in 2023.
Attorneys of color now represent 27.6% of nonpartners at law firms, a new high-water mark for the industry. But progress has lagged higher up. Here's a more detailed look at the representation of minority attorneys at the associate and partner levels.
Data from Law360 Pulse's law firm survey reveals that while firms are continuing to diversify their attorney ranks, progress has slowed. Just 15.6% of firms top the benchmarks for the 2024 Diversity Snapshot ranking — a lower percentage than last year. Here’s the latest look at how diversity in law firms' headcounts compares with what it could be based on the potential marketplace of new hires.
Law360’s law firm survey shows that firms' efforts to diversify their equity partner ranks are lagging. But some have embraced a broader talent pool at the equity partner level. Here are the ones that stood out.
Law firm Dentons said Tuesday it has partnered up with an AI startup as part of its intellectual property service, saying the software will be able to speed up IP risk assessments for clients and flag when they need to speak further with a Dentons lawyer.
DLA Piper LLP has hired a new artificial intelligence policy adviser, who will join the firm in Washington, D.C., as part of the firm's government affairs and public policy team, the firm announced Monday.
Have initiatives and programs to address work-life balance reached the equity partnership, or is it still the exception in the legal industry?
The second half of 2024 will see the North Carolina Business Court tackle media rights in one of the country's largest collegiate athletic conferences while state justices weigh the scope of hospital immunity under the Tar Heel State's COVID-19 emergency law.
Leap Legal Software Inc. was hit with a discrimination lawsuit in New Jersey state court Friday from a former employee alleging she was fired due to her undiagnosed and untreated Lyme disease.
U.S. law firms have been working to reduce the amount of office space allocated per attorney. Despite these efforts, a recent report by the real estate services company Savills Inc. found that the average square footage per attorney still remains higher than the occupancy ratios most firms aim for.
Belgium-based legal services provider LegalFly announced Monday the closing of a €15 million ($16.3 million) Series A funding round with the intention of scaling its operations.
Law360 is pleased to announce the Rising Stars of 2024, our list of 158 attorneys under 40 whose legal accomplishments belie their age.
The legal industry had another action-packed week as attorneys took on new roles and law firms reshaped practices following the holiday. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A major financial restructuring for an e-discovery company tops this roundup of recent legal technology news. Also, companies in the industry added new leaders.
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.