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Legal Tech
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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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Adapt Or Die: Alternative Legal Service Providers' AI Dilemma
Despite the buzz around generative artificial intelligence replacing lawyers, one category of legal vendors faces a particularly high risk of being supplanted: alternative legal service providers, or ALSPs.
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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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Fennemore Launches AI Initiative With Wash. Firm Merger
Western regional firm Fennemore Craig PC has undertaken its fifth merger of the year, combining with a Washington state business and real estate firm with flat fee offerings and a focus on technology, with Fennemore saying Tuesday the merger is part of an overall investment in artificial intelligence legal technologies.
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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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Ex-Casetext VP Talks FiscalNote Role, Family Olive Oil Co.
After a six-year stint in product development at Casetext, Can Babaoglu told Law360 Pulse he is spending his days settling into a new role with FiscalNote, and on off-hours helping to establish a family-founded olive oil company.
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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."