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Legal Tech
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Lit Funder Mustang Bets On Predictive AI To Boost Profits
Mustang Litigation Funding has told Law360 Pulse exclusively it is deploying predictive artificial intelligence into its operations, launching an ongoing double-blind test of the technology in its underwriting process to evaluate risk and profitability.
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GenAI Has Benefits But Proceed With Caution, Ga. Attys Told
Some concerns surrounding the use of generative AI by law firms are outdated, and configuring it to lawyers' individual needs require an upfront time commitment, according to a Tuesday panel organized by a division of the State Bar of Georgia. But attorneys should still proceed with caution when using the technology, it said.
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Estate Planning Company Trust & Will Raises $25M In Series C
San Diego-based Trust & Will, a digital estate planning platform, announced Tuesday the close of a $25 million Series C funding round to expand its software platform, further incorporate artificial intelligence into its platform and drive strategic partnerships.
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As Law Firms Remain AI Cautious, Some Attys Jump In
Legal professionals are using artificial intelligence more often than last year, even as their law firms take a more measured approach, according to a new survey released on Tuesday.
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Norm Ai Gets $48M Investment, Hires Ex-SEC Commissioner
The legal and compliance platform Norm Ai secured a $48 million investment on Tuesday, bringing its total funding to date to $87 million.
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2 Firms Sued After Cyber Thief Steals $442K From Estate
Law firms SutterWilliams LLC and Allender & Allender PA were hit with a negligence and malpractice suit after a cybercriminal allegedly used spoofed email accounts to trick an attorney at the latter firm into handing over $442,600 from the sale of a late Pennsylvania sheriff's deputy's house in Florida.
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Cloudficient Rebrands E-Discovery Suite As CaseFusion
Information governance and data management solutions provider Cloudficient announced Monday that it has rebranded its e-discovery product suite to CaseFusion and will soon add two new modules to the software.
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5 Key Takeaways From The ABA's Latest Legal Tech Survey
Last week, the American Bar Association released its 2024 legal technology survey report, which covers a wide range of topics including artificial intelligence use, courtroom technology training and law firm data breaches. Here are five key takeaways from the report.
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Newer AI Chatbots May Improve Law Student Performance
Newer artificial intelligence programs such as OpenAI o1 and vLex's Vincent AI accelerated the completion of legal work and provided satisfactory, if not perfect, results in litigation-oriented tasks, according to a recently published report.
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Dropbox CLO Exiting After 13 Years, New Legal Chief Named
The chief legal officer of Dropbox Inc. is resigning after 13 years with the company, and will be replaced by the current vice president of product counseling and privacy, according to a filing Friday with the Securities and Exchange Commission.
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California Bar Orders Investigation Of Flawed Exam
The State Bar of California is bringing on an independent investigator to look into the problem-plagued administration of the February bar exam, which left scores of test-takers feeling cheated.
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Legal Tech Roundup: Jusfy, Consilio
A new investment for a growing Brazil-based legal technology company tops this roundup of recent industry news.
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Legal Jobs Down As Gov't Work Dries Up Under Trump
Following modest gains at the beginning of the year, the U.S. legal sector lost 3,300 jobs in February, according to preliminary data released Friday from the U.S. Bureau of Labor Statistics.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal sector started March with a downpour of big industry news, including leadership shuffles, office closures and group lateral moves. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Startup Caddi Gets $5M To Help Automate Routine Work Tasks
Caddi, a startup that developed a platform to help professional service firms automate repetitive and routine tasks, secured a $5 million seed round on Wednesday.
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Addleshaw Goddard Latest Firm To Adopt Legora AI Platform
Addleshaw Goddard LLP has joined the growing list of prominent law firms adding artificial intelligence platform Legora to its arsenal, in a move the firm said on Thursday will enhance its ability to manage large-scale document reviews.
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Venable Hires Ex-NSC Cybersecurity Expert
Venable LLP has announced the firm further boosted its cybersecurity services by hiring a former member of the National Security Council as a senior director.
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4 Things To Watch As KPMG Enters The US Legal Market
Last week, the Arizona Supreme Court approved accounting giant KPMG’s application to operate a U.S. law firm, making it the first of the Big Four accounting firms to enter the American legal market. Here are four things to monitor following this development.
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Ex-DLA Piper Data Head Launches AI-Focused Law Firm
A former partner and chief data scientist at DLA Piper has started his own artificial intelligence-focused law firm called Clarion AI Partners in Salt Lake City, Utah.
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FTI Consulting Adds Ex-Ankura Advisers In NY, DC
Washington, D.C.-based international business advisory firm FTI Consulting Inc. announced on Tuesday the hiring of two former advisers at consulting group Ankura as senior managing directors within its forensic and litigation consulting segment.
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Why Attys Choose ChatGPT Over Specialized Legal AI Tools
Legal professionals are using OpenAI's ChatGPT for work more often than generative artificial intelligence tools from legal vendors, fulfilling a long-held pattern of consumer-grade tools gaining a foothold before robust enterprise counterparts.
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Morae And ActiveNav Partner To Tackle Unstructured Data
Legal business solutions provider Morae Global Corp. and data governance software provider ActiveNav are partnering to help in-house legal departments and law firms address unstructured data, the companies said Wednesday.
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QuisLex Changes Leaders Amid Evolving Legal Industry
For the first time in QuisLex's over 20-year history, the alternative legal services provider is changing leadership, appointing its chief operating officer as its new president and chief executive officer.
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Calif. Bar Staff Asks Board To Ditch Meazure's July Exam
The State Bar of California recommended to its board of trustees to forgo its current partnership with bar exam administer ProctorU Inc., doing business as Meazure Learning, ahead of the July 2025 test following the disastrous rollout of its February exam, which prompted a nationwide class action filed in California federal court last week.
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Ex-Squire Patton Director Joins Legal Tech Co. Altorney
A former global director of practice support at Squire Patton Boggs LLP has joined legal technology platform Altorney as chief product officer, the company said Tuesday.