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Legal and compliance software company Mitratech Holdings LLC announced on Monday the acquisition of HotDocs, an automated document creation and management platform.
Law firms that can't find enough work for the deluge of prospective and newly minted attorneys already on their hands are tightening their pipelines for new talent this season, rolling back their summer associate positions for 2024, according to legal industry experts.
Law360 Pulse asked prospective summer associates about how their top-choice firms distinguished themselves from their peers. Here are some of the ways.
Concerns and anxieties about future job prospects have continued to arise among law students as they find themselves facing reduced success in securing interviews for sought-after summer associateships this year, according to Law360 Pulse's 2024 Summer Associate Survey.
More corporate legal professionals are trusting of artificial intelligence and using the technology than law firm professionals, according to a report released Tuesday by contract management platform provider Ironclad.
Law firms are full steam ahead on generative tools, although some attorneys are still learning the vocabulary associated with this new technology, a panel of experts said Monday.
A proposed class of victims of a data breach has sued Kirkland & Ellis LLP and various other entities in a Massachusetts federal court, accusing them of failing to "properly secure and safeguard [the] plaintiff's and other similarly situated individuals' private information" in the lead-up to the massive 2023 MOVEit data breach.
London-headquartered international firm Ashurst LLP has been experimenting with three different generative artificial intelligence tools and found these tools can help with writing first drafts more quickly and efficiently, according to a report released Monday.
Canada-based legal technology startup Alexi announced on Monday the closing of an $11 million Series A fundraising round, with the new capital going toward hiring and scaling production to meet demand.
Legal technology provider FirmPilot, which developed a marketing tool for law firms that uses artificial intelligence, said Monday it has received a $5 million Series A investment.
A San Fernando Valley attorney accused of scheming with lawyers representing the city of Los Angeles to settle a customer billing class action favorably for the Los Angeles Department of Water and Power also plotted to access the email and phone accounts of the judge overseeing the litigation, the State Bar of California asserted in an additional disciplinary charge filed Thursday.
Texas-based software company Tyler Technologies and a North Carolina sheriff continued their push this week to escape a proposed class action alleging North Carolina's new digital court system led to wrongful arrests and extended jail time.
Thompson Hine LLP, a full-service business law firm with about 400 lawyers in eight offices, has launched a multidisciplinary team dedicated to artificial intelligence and its related issues.
The legal industry began June with another action-packed week as BigLaw firms expanded their offerings and made new hires. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A legal technology platform hiring a new vice president tops this roundup of recent industry news.
When it comes to generative artificial intelligence, general counsel Virginia Chavez Romano tries to stay away from saying, "No," outright to her business partners, and instead works with them to find a solution moving forward, she said during a panel discussion in New York City on Wednesday evening.
At Alphabet Inc.'s virtual annual meeting on Friday, shareholders will consider three proposals dealing with the safety and societal impacts of fostering artificial intelligence.
LawFi Inc., a mobile legal payment and lending platform, has announced the addition of another adviser after bringing aboard former Microsoft sales executive Bob Culliton last month.
ProSearch, an e-discovery and legal data analytics company, announced Wednesday the hiring of a chief revenue officer, as part of a bid to expand its legal data products.
The contract lifecycle management company Sirion acquired intelligent document processing company Eigen Technologies on Thursday, amid an industry push to expand artificial intelligence capabilities for documents.
MNTSQ, a legal tech startup in Japan, has announced the raising of 1 billion yen ($6.4 million) to invest in further development of its contract lifecycle management software, and, in particular, new artificial intelligence capabilities introduced earlier this year.
The top three privacy risks for companies and their compliance professionals in 2024 are artificial intelligence, brand reputation and compliance, according to a survey released Tuesday.
LegalZoom has been hit with a proposed class action in New Jersey state court alleging it has engaged in the unauthorized practice of law in the Garden State.
When Jenner & Block LLP partner Susan Kohlmann became president of the New York City Bar Association in May 2022, the vibes were off.
BigLaw's approach to suicide prevention emphasizes overall well-being, education and counseling as many firms focus less on the underlying causes of suicidal ideation among attorneys — if they're willing to discuss these efforts at all.
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.
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.