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Legal Tech
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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."
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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.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another action-packed week as law firms promoted partners and federal prosecutors charged New York City Mayor Eric Adams with bribery and fraud. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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Legal Tech Roundup: Pergamin, TrueScreen
Two European startups with new capital raises top this roundup of recent legal technology news.
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Ex-LexShares CEO Says He Was Pushed Out For Being Black
The former CEO of LexShares Inc. has lodged racial discrimination claims against the litigation finance firm and its top brass, claiming the company's board of directors discriminated against him and eventually forced him out because he was Black.
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Legal Pros Grapple With Best Use Of AI As Clients Divide
BigLaw attorneys and in-house counsel speaking at the annual Berkeley Law AI Institute on Thursday talked about how they've recently grappled with using the tools known as artificial intelligence in representing clients, saying some clients have either demanded or prohibited attorneys from using the tools, and others have taken seemingly contradictory positions.
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What FTC's DoNotPay Action Could Mean For Legal Tech Cos.
The Federal Trade Commission's recent enforcement action against "robot lawyer" company DoNotPay indicates that legal tech companies need to be very cautious about how they market their artificial intelligence tools and avoid making deceptive claims, according to industry experts.
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Burford's New Development Chief Eyes Law Firms, Legal Tech
Burford Capital LLC is entering a more aggressive phase of its expansion strategy, looking at everything from acquiring stakes in boutique law firms and legal tech companies to expanding into the alternative legal services space, the legal funder's new chief development officer tells Law360.