Legal Tech

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    Legal Tech Funding Surges In Q3 Thanks To 3 Megadeals

    Three outlier megadeals pushed funding for legal technology companies to $1.57 billion in the third quarter of 2024, up from $392.5 million in the same period last year, but the number of mergers and acquisitions fell by about 50%.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    This was another action-packed week for the legal industry as BigLaw firms made a slew of hires and a state judge was admonished for lip synching "Jump" by Rihanna in a TikTok. Test your legal news savvy here with Law360 Pulse's weekly quiz.

  • JAMS Launches AI Tools For Alternative Dispute Resolution

    Alternative dispute resolution provider JAMS has launched a suite of artificial intelligence-powered tools that attorneys, their clients and panelists can use in the dispute resolution process as part of its new initiative JAMS Next.

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    Gunster Reaches Deal In One Of Two Data Breach Actions

    Gunster has struck a settlement agreement in one of the two proposed class actions it faces in Florida federal court over a 2022 data breach, while the plaintiffs in the second case urged the court the same day to reject the law firm's dismissal bid in their suit.

  • Noetica AI Raises $22M Series A Following Market Growth

    The corporate deals software platform Noetica AI embarked on a new chapter of its journey on Thursday with a $22 million Series A funding round.

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    UnitedLex CEO Abruptly Exits After 1 Year, GC Takes Helm

    UnitedLex Chief Executive Officer James Schellhase has left the role after just one year and is being replaced by general counsel Renee Meisel, the law firm-focused data and professional services company announced Thursday.

  • Thomson Reuters Again Seeks Win On ROSS' Pilfering

    Thomson Reuters on Tuesday filed a pair of renewed motions for partial summary judgment seeking to block ROSS Intelligence Inc. from claiming fair use, and hold it liable for copyright infringement, in a suit alleging ROSS ripped off the Westlaw research platform for its artificial intelligence product.

  • Legal Client Engagement Co. Case Status Raises $19.7M

    Legal client engagement startup Case Status has secured $19.7 million in Series B funding to further develop its artificial intelligence-powered tools, expand into new law practice areas and add leadership positions.

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    Fileread GC Departs For New Venture After 6 Months

    The general counsel for litigation platform Fileread has announced that he's left the company to "build something new," having just joined from AstraZeneca earlier this year.

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    AI-Focused Exec Roles Are Having A Moment At Law Firms

    Several law firms this year, including Akin Gump Strauss Hauer & Feld LLP and McDermott Will & Emery LLP, have filled artificial intelligence-focused chief and director roles to keep up with technological advances and client demands, according to legal recruiters.

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    Cybercriminals Will Hit You On Holidays, In-House Attys Say

    As ransomware attackers like to hit companies on holidays and other sensitive times, in-house attorneys should role-play the holiday attack scenario in advance as they prepare to respond, members of an Association of Corporate Counsel conference panel said Tuesday.

  • Robin AI CTO Says Innovation Puts Pressure On Hourly Billing

    The traditional hourly billing model in the legal industry is facing increasing scrutiny as in-house legal teams leverage technology to enhance efficiency, the co-founder of a leading AI service told Law360.

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    In-House Attys Urged To Spearhead Creation Of AI Policies

    In-house lawyers should craft a single artificial intelligence governance policy for their organizations, build cross-functional teams to assess AI needs and risks and audit and update their AI policy frequently to keep pace with the technology's rapid evolution, according to experts on an Association of Corporate Counsel conference panel.

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    White & Case Adds Marketing, Innovation Execs Amid Growth

    White & Case LLP announced Monday the appointment of both a chief innovation officer and a chief marketing officer as the firm continues to expand through hiring and office openings.

  • Legal Tech Co. EvenUp Valued At $1B After $135M Series D

    The legal technology sector has a new unicorn after artificial intelligence provider EvenUp secured a $135 million Series D funding round and reached a $1 billion valuation on Tuesday.

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    Littler Adds Excelitas Exec As Chief Digital Innovation Officer

    Labor and employment firm Littler Mendelson PC has added the former executive vice president and chief information officer at photonics and light technology company Excelitas Technologies as its chief digital innovation officer.

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    Law Firm Billing Rate Hikes Doubled In 2024

    Billing rates for the top 100 law firms in the United States surged by 10% from 2023 to 2024, the largest rate hike in the past three years, according to a new research report on Tuesday.

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    Most Legal Professionals Say They Have Adopted Some AI

    Most legal professionals over the past year have adopted artificial intelligence in some way, according to a survey published Monday by legal technology giant Clio.

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    Legal Employers Say AI Is Affecting Hiring

    A majority of legal industry employers say that artificial intelligence is changing the skill sets they look for in hiring, according to a report released Monday by business consulting firm Robert Half, with the report also finding that employers prefer to train existing employees than hire externally.

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    In-House Teams Using More GenAI And Fewer Law Firms

    Nearly 60% of general counsel and chief legal officers expect a reduced reliance on outside legal service providers due to generative artificial intelligence — more than double since a 2023 survey showed 25% of respondents would cut the number of law firms they work with in the next year to slash costs, according to data released Monday.

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    Corporate Boards Must Address Tech, Commission Says

    A blue ribbon commission announced Monday that strengthening oversight, deepening insight and developing foresight are the three main pillars of a new framework for how corporate boards can thrive in the digital age.

  • Mondelez, BCLP Ink $750K Deal To End Data Breach Suits

    Mondelez Global LLC workers on Friday asked an Illinois federal judge to greenlight a $750,000 settlement that would resolve proposed data privacy class actions against their employer and Bryan Cave Leighton Paisner LLP stemming from a 2023 data breach.

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    OpenAI Brings On MoFo IP Litigator To Lead AI Research

    A former intellectual property litigation partner from Morrison Foerster LLP is now OpenAI's lead counsel for artificial intelligence research, the company said Friday.

  • Corporate Counsel Group Launches Cybersecurity Toolkit

    The Association of Corporate Counsel announced a new toolkit for in-house attorneys on Thursday directed at cybersecurity threats and delivering practical strategies to prepare for and mitigate damage from potential data breaches.

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    Legal Tech Roundup: MarqVision, Reducto

    Several legal technology startups secured new funding this week.

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Expert Analysis

  • Law Firms Cannot Ignore Attorneys' Personal Cybersecurity Author Photo

    Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.

  • Why Process Management Is Critical To Legal Tech Adoption Author Photo

    Corporate legal departments looking to implement new technology can avoid hiccups by taking steps to define the underlying business problem and to identify opportunities for process improvements before leaping to the automation stage, say Nadine Ezzie at Ezzie + Co., Kenneth Jones at Xerdict Group and Kathy Zhu at Streamline AI.

  • Law Firm Cybersecurity Should Not Get Lost In The Cloud Author Photo

    A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.

  • Advice For Summer Associates Uneasy About Offer Prospects Author Photo

    There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.

  • How Students Prepping For The Bar Exam Can Leverage AI Author Photo

    Tools like ChatGPT can help students studying for the bar exam achieve their two main goals — mastering law concepts and topics, and then successfully applying them to the various question formats on the test — but there are still limitations to this technology, including incorrect answers, says Joseph Wilson at Studicata.

  • How Law Firms Can Cautiously Wield AI To Streamline Tasks Author Photo

    Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.

  • Opinion

    Attorneys Should Have An Ethical Duty To Advance DEI Author Photo

    National and state bar associations are encouraging attorneys to apply diversity, equity and inclusion practices in the legal profession and beyond, and these associations should take it one step further by formally recognizing ethical duties for attorneys to promote DEI, which could better the legal profession and society, says Elena Mitchell at Moore & Van Allen.

  • 10 Steps To Improve Legal Vendor Management Author Photo

    Corporate counsel often turn to third-party vendors to manage spending challenges, and navigating this selection process can be difficult for both counsel and the vendor, but there are several ways corporate legal departments can make the entire process easier and beneficial for all parties involved, says David Cochran at QuisLex.

  • DoNotPay Cases Underscore Hurdles For AI-Fueled Legal Help Author Photo

    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.

  • Strategies To Improve Reporting In The Legal Industry Author Photo

    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.

  • Accessible Legal Tech Begins With Empathy In Design Author Photo

    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.

  • 6 Tips For Document Review Projects Using Alt Legal Services Author Photo

    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.

  • ChatGPT Is A Cool Trick, But AI Won't Replace Lawyers Author Photo

    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.

  • Pro Bono Work Is Valuable In IP And Continued Learning Author Photo

    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.

  • 10 Principles For Effective Partner Reward Systems Author Photo

    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.

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