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Some of the nation's largest legal insurance companies are reporting an unprecedented rise in "claim severity," according to survey data released Tuesday, with 11 of 13 insurers reporting paying claims in excess of $100 million in the past two years.
Seattle-based legal operations platform Aerial said it has raised $2 million in pre-seed funding to help startups organize corporate data in anticipation of investor showcases.
Legal support services provider Steno Agency Inc. announced Tuesday the securing of $46 million in funding along with the launch of a transcription tool backed by generative artificial intelligence.
Helm360, an American legal IT provider, has launched a program offering law firms a one-stop shop for "essential" products, services and expert knowledge.
Jus Mundi, a France-based search engine that helps lawyers involved with international arbitration gather vital data quickly, said Monday it is launching a six-month training program on the use of artificial intelligence in the legal profession, which will include guidance using its new arbitration-focused software.
A boutique law firm that specializes in intellectual property, artificial intelligence and high-stakes litigation has opened in Nashville.
Wright Squared PLLC, a Kansas City-based law firm with just three attorneys, developed a tool to help startup founders raising capital understand how potential company growth and stakeholder value evolve.
Government case management and court record search provider iDocket.com has asked a Texas bankruptcy court to approve a settlement between itself and Florida software company IncluIT concerning a disputed claim of $5.3 million.
Scottish law firm Thorntons announced in collaboration with the University of Dundee on Friday a government-derived award of £1.1 million ($1.38 million) to fuel education in law and technology at the school.
A growing legal technology startup expanded its C-suite this week with a new leader.
This was another action-packed week for the legal industry as BigLaw made new hires across offices and practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
When it comes to generative artificial intelligence, Morris Manning & Martin LLP partner Matt San Roman said the technology is evolving much faster than the efforts by regulators and lawmakers to put guardrails around it.
U.K.-based legal tech company Access Legal, which is part of software company The Access Group, announced on Thursday the acquisition of inCase, a mobile communication platform for legal professionals and clients.
Maples Group has announced the hiring of a head of innovation based out of its Dublin office, the firm's largest location outside its headquarters in the Cayman Islands.
Even though legal operations has gained footing in many corporate legal departments, the practice is different across organizations and not well understood by C-suite leaders or attorneys, panelists said at the Corporate Legal Operations Consortium's annual conference in Las Vegas.
Leaders from CrowdStrike, Moderna and Winston & Strawn LLP are among the founding members of a new industry framework launched Thursday to help legal professionals tackle data challenges.
A Manhattan appeals panel expressed concern Wednesday that Robins Kaplan LLP had poked through an opposing party's Dropbox database that was accidentally shared in investor litigation, while also criticizing the other side for failing to catch the error.
It is in the best interest of clients for their legal counsel to avoid sharing information related to representation while seeking advice in an online listserv forum, if the comments or questions could be connected to a client's identity, according to American Bar Association guidance published Wednesday.
An American Bar Association commission will issue a report and recommendations by August on the practice of requiring would-be lawyers to disclose and discuss their experiences of sexual violence during the attorney licensure process.
Plaintiffs in a proposed class action have voluntarily dropped North Carolina court administrators and clerks from a lawsuit alleging that flaws in the state's electronic court filing system led to unlawful arrests and longer jail stays.
Global law firm DLA Piper has brought on the former group chief data officer for Danske Bank A/S — Denmark's largest bank — as its inaugural chief data and artificial intelligence officer, making it the latest BigLaw firm to have created an AI-related leader role to focus on the emerging technology.
Definely, a London-based provider of legal document software, announced on Wednesday the closing of a $7 million Series A funding round to expand its market and technical team.
The law schools at Georgetown, Harvard and Columbia are renowned for effectively serving as training grounds for BigLaw. But while they may consistently send the most graduates, other law schools are sending a higher percentage of their grads to larger firms.
Despite a growing interest in alternative career paths, most law students still gravitate towards joining private law firms, according to the American Bar Association's latest data. Find out which schools came out on top for job placements in BigLaw, federal and state court clerkships, public interest and more.
Want to know which schools are sending the highest percentage of graduates to BigLaw? How big a slice are landing those prized clerkships in federal or state courts? Explore the ins and outs of law school graduate placement in our interactive graphic.