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Legal Tech
Dallas Firm Higier Allen Launches Commercial Loan Service
Adapt Or Die: Alternative Legal Service Providers' AI Dilemma
Fennemore Launches AI Initiative With Wash. Firm Merger
Ex-Casetext VP Talks FiscalNote Role, Family Olive Oil Co.
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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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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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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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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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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.
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Stephenson Harwood Adds Legal Tech Product To AI Toolkit
Stephenson Harwood LLP said on Monday that it has adopted a new generative artificial intelligence platform, its second investment in AI, as it continues exploring ways to improve the delivery of legal services to clients.
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Akin Launches New AI Director Role With Bryan Cave Pro
Akin is redoubling its commitment to emerging technology and artificial intelligence with a new director of practice technology and AI innovation at its London office who most recently was at Bryan Cave and previously spent more than seven years with Akin.
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Calif. Atty's Fee Bid Against LegalMatch Denied At Appeal
A California state appeals court has affirmed a trial court ruling denying a Torrance-based lawyer's bid for $940,000 in attorney fees in his suit against attorney referral service LegalMatch.
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Insurer Says No Coverage For Conn. Firm's Data Breach
A Connecticut personal injury firm's insurance company says it won't foot the bill for claims stemming from a hacker breaking into the firm's email system and stealing over $750,000 from a client, saying the firm's professional liability policy excluded "cyber security events."
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Gunster Says Absence Of Damages Sinks Data Breach Case
Gunster Yoakley & Stewart PA wants a proposed class action lawsuit against it tossed in Florida federal court, arguing plaintiffs who had their personal information compromised when the law firm fell victim to a cyberattack can't show any harm was done.
Expert Analysis
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Talking Mental Health: The View From Life After BigLaw
Life coach and author Wendy Tamis Robbins discusses why she left a career in BigLaw to work in the professional well-being space after finding freedom from anxiety, obsessive-compulsive disorder and substance use disorders, and highlights two changes the legal industry should implement to address attorneys' mental health.
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How 2 Litigators Decided Dad Would Stay Home With The Kids
Jennifer Hoekstra at Aylstock Witkin shares the tough conversations about timing, goals, logistics and values involved in her family's decision that she would build her career as a litigator and law firm partner while her husband stepped back from his own litigation role to stay home with their children.
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Series
Legal Tech Talks: DraftWise CEO On Barriers To Adoption
James Ding, CEO and co-founder of DraftWise, discusses misconceptions attorneys often have about working with new technologies, including that software will replace jobs, and the importance of preparing for additional regulations as governing bodies develop a better understanding of artificial intelligence.
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Talking Mental Health: Managing Depression As A Co. Founder
New Era ADR co-founder Collin Williams discusses his journey navigating a clinical depression diagnosis, how this experience affected his leadership style, and what the legal industry can do to better support attorneys with mental health conditions.
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The Winners And Losers Of AI In The Legal Services Industry
Artificial intelligence in the legal services industry will unlikely eradicate law firms, but it will still undoubtedly test their resilience — especially big firms, says Santiago Rodríguez at Arias SLP.
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The Last Lawyer: The Evolution And Ethics Of Legal AI Tools
Chatbots represent a powerful but provisional tool, but lawyers must exercise caution and use only vetted, properly guardrailed silicon advocates, scalable for future services, say Marty Robles-Avila at Berry Appleman and Michele Carney at Carney & Marchi.
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Series
Talking Mental Health: Tackling Stress As A Practice Leader
Constance Rhebergen at Bracewell discusses how she handles the stress of being a practice chair, how sources of stress have changed in the legal industry over the past decade and what law firms can do to protect attorney mental health.
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Legal Tech And Lawyer Workflow: Enhancing, Not Replacing
When selecting from an increasing pool of legal technology capabilities, think about micro moves with macro effect, as the most successful tools will be those that feel like a natural extension of how lawyers are already accustomed to working, says Ilona Logvinova at Cleary.
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How Firms Can Effectively Evaluate Their Summer Associates
One of the most effective ways firms can ensure their summer associate programs are a success is by engaging in a timely and meaningful evaluation process and being intentional about when, how and by whom feedback should be provided, say Caroline Cimei and Erica Fine at Shutts & Bowen.
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Series
Talking Mental Health: Life As A Lawyer With OCD
Kelly Hughes at Ogletree discusses what she’s learned in the 14 years since she was diagnosed with obsessive-compulsive disorder, recounting how the experience shaped her law practice, what the legal industry and general public get wrong about the disorder, and how law firms can better support employees who have OCD.
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'Blind Spots' Pose Major Hurdle To AI Adoption In Legal Tech
Legal tech circles have been focused on how to eliminate large language model hallucinations, but blind spots, or inaccuracies through omissions, are a rarely discussed shortcoming that pose an even larger risk in the legal space, says James Ding at DraftWise.
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3 Innovative Ways AI May Be Used In Legal Practice
Excerpt from Practical Guidance
Artificial intelligence tools will increasingly be used by outside counsel to better predict the outcomes of litigation — thus informing legal strategy with greater precision — and by clients to scrutinize invoices and evaluate counsel’s performance, says Ronald Levine at Herrick Feinstein.
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Former Minn. Chief Justice Instructs On Writing Better Briefs
Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.
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Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
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General Counsel And Legal Ops Must Work Together
It is critical for general counsel to ensure that a legal operations leader is viewed not only as a peer, but as a strategic leader for the organization, and there are several actionable ways general counsel can not only become more involved, but help champion legal operations teams and set them up for success, says Mary O'Carroll at Ironclad.