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A U.K. law firm has secured more than half a million pounds in funding from Reward Finance Group for its new artificial intelligence software focusing on contract law, with the funder saying the new product will be able to create, review, manage and electronically sign contracts.
Graceview, a regulatory compliance platform that uses artificial intelligence, secured an AUS$1.5 million (about $976,000) funding round on Monday.
The American Bar Association's policymaking body has recommended against including nondisclosure agreements as a condition of employment, and for legislation to be enacted that protects patients' access to "gender-affirming care."
Goodwin Procter LLP announced Monday the hiring of the former chief legal officer in charge of cybersecurity, data privacy and artificial intelligence at Prudential Financial as a partner in its New York office.
International law firm Paul Weiss Rifkind Wharton & Garrison LLP hosted its first summer associate hackathon last month at its New York City office with technical support from the legal generative artificial intelligence startup Harvey.
Legal technology business Epiq announced Monday that its legal business advisory practice will be led by an attorney who formerly served as Baker McKenzie's first global director of legal operations and who has held in-house posts at companies such as PwC, Aon and tech developer 273 Ventures.
The relatively low percentage of Latinos in the legal industry may be part of the reason the ethnic group sees less engagement in civic activities nationwide and is underrepresented in civic leadership roles, according to a new American Bar Association report released Saturday.
This coming week at its annual meeting in Chicago, the American Bar Association's policymaking body is expected to discuss the "traumatic" practice of requiring would-be lawyers to disclose and discuss their experiences of sexual violence during the attorney licensure process.
Global BigLaw firm Akin Gump Strauss Hauer & Feld LLP launched a tracker to help monitor changing policies related to artificial intelligence in various fields including intellectual property, data privacy, health and national security.
Almost a year after issuing a standing order on generative artificial intelligence, Illinois Magistrate Judge Gabriel A. Fuentes has pulled back that order, finding it no longer necessary and slightly burdensome, the judge recently said at a panel during the American Bar Association's annual meeting in Chicago.
Several companies in legal technology expanded their C-suites this week with new leaders.
The legal industry marked the end of July with another action-packed week of news as BigLaw made hires across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Locke Lord LLP announced on Wednesday that two partners formerly of Sidley Austin LLP and Thompson Coburn LLP have joined the firm's insurance and cybersecurity practices out of Chicago.
Last year was the worst on record in terms of cyberattacks on law firms, according to an industry study published Thursday that found there were 45 known attacks, 1.6 million records affected and an average ransomware demand of $2.47 million in 2023.
SafeGuard Privacy, a compliance privacy platform used by in-house counsel and other corporate teams, closed a $3.6 million funding round on Wednesday.
Maryland-based boutique Tanenholz & Marr has announced the hiring of the former chief operating officer at e-discovery services provider Sandline Global as its counsel and director of legal technology and artificial intelligence.
A San Fernando Valley attorney cannot escape an ethics charge alleging he plotted to hack the email and phone of a judge overseeing a public utility class action, the California Bar has told the State Bar Court, urging the court to reject the attorney's argument that merely "discussing plans" for a hack is not an offense.
Definely, a London-based provider of legal document software, announced on Wednesday a third injection of capital into the company this year, with the country's national innovation agency Innovate UK awarding the company a £585,000 grant (about $750,000).
Legal expert services provider Harbor has announced the hiring of a former marketing vice president at Thomson Reuters to lead its proposition marketing and strategy.
A Lloyd's of London syndicate wants to unseal a complaint by Cadwalader Wickersham & Taft LLP seeking coverage for a November 2022 data breach, saying it was never given a chance to oppose, and the firm otherwise failed to show why the suit should stay under wraps.
The longtime chief information officer at Cooley LLP has taken on the same role at Winston & Strawn LLP.
Experts say associates should use social media with extreme caution, weighing any benefits against the impact that their online presence may have on their law firms, practice, clients and future employment.
Legal tech startup DecoverAI said Tuesday that it raised $2 million in a seed funding round led by venture firm Leo Capital.
The American Bar Association has released a book on artificial intelligence, addressing a wide range of topics involving the technology including intellectual property, employment and privacy. Here, one of the book’s co-editors spoke with Law360 Pulse about the project and key takeaways.
The chief digital and technology officer at Fragomen, Del Rey, Bernsen & Loewy LLP has joined Baker McKenzie as its new chief information officer, the firm announced Monday.
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.
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.
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.
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 DEINational 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.
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.
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.
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.
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.
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.
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.
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.
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.
As law firms turn to legal technology to help expedite case processing and other workflows, leaders must focus on creating a lean set of business tools and keep one eye on the future to plan their technology road map, says Simon Whitburn at Exterro.
Taking the time to learn which cybersecurity attacks could pose the most likely threat to your law firm is the first step to keeping sensitive data safe, protecting valuable client relationships and potentially saving millions of dollars in losses, says Daniel Klein at Cynet.