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Legal Tech
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Legal AI Co. Harvey Becomes 'Unicorn' After $100M Series C
The legal generative artificial intelligence tool Harvey reached the "unicorn" status of being a private company valued at more than $1 billion after securing a $100 million Series C on Tuesday.
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Clio Secures 'Historic Raise' Of $900M To Reach $3B Valuation
The legal technology giant Themis Solutions Inc., better known as Clio, is now worth $3 billion after securing a $900 million Series F investment on Tuesday.
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Lexitas Says IT Consulting Co. Didn't Finish $2M Project
Litigation services company Depositions Solutions LLC, which does business as Lexitas, said in a Texas county complaint Monday that a Philadelphia-based information technology company hired to upgrade its web services failed to complete a more than $2 million project.
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McGuireWoods Taps Consulting Director As Innovation Lead
McGuireWoods LLP announced Monday that the director of its in-house consulting group, MWAccel, will additionally take on the role of chief innovation and artificial intelligence officer at the firm.
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Law Librarians Using Generative AI To Tackle 'Pain Points'
Law librarians are using generative artificial intelligence to reduce the amount of time they spend on repetitive tasks like summarizing and rewriting content, according to a panel Monday at the American Association of Law Libraries' annual conference.
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LA Superior Court Closed Monday Due To Ransomware Attack
The Superior Court of Los Angeles County was forced to close Monday as the court continued to work to repair and reboot network systems that were severely impacted by a ransomware attack that occurred on the same day as an unrelated global tech outage.
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Several State Courts Impacted By Global Tech Outage
Several state courts have been impacted by a global Microsoft Windows outage Friday morning causing operational challenges and courthouse closures.
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IManage Launches Data Centers In Switzerland, UAE
Chicago-based software company iManage has announced that it is launching new data centers in Switzerland and the United Arab Emirates to meet geographic compliance requirements.
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Legal Tech Roundup: AffiniPay, Definely
Two legal technology companies securing important undisclosed investments top this roundup of recent industry news.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another action-packed week as BigLaw firms expanded their footprints and Donald Trump scored a court victory. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Florida Opts To Use NextGen Bar Exam Starting In 2028
Florida will adopt a new bar exam test component, known as the NextGen Bar Exam, from the National Conference of Bar Examiners beginning July 2028, the state's board of bar examiners announced Thursday.
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Reed Smith IT Pro Named Firm's New Chief Information Officer
Reed Smith LLP announced Thursday that it has promoted an information technology pro who has been with the firm for more than two decades to be its chief information officer.
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Data Management Co. Cellebrite Acquires CyTech
Data management and intelligence company Cellebrite DI Ltd. says it has acquired Cyber Technology Services Inc. and established a new division serving the U.S. federal government.
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FTI Consulting Picks Ex-BigLaw Atty To Lead Forensic Unit
International business advisory firm FTI Consulting Inc. has promoted a former WilmerHale managing partner to be global segment leader of its forensic and litigation consulting division and join its global executive committee.
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Brazilian Contract Co. NetLex Raises $22M To Expand
Brazil-based contract lifecycle management provider netLex has announced the closing of an R$126 million ($22.6 million USD) funding round led by U.S. private equity firm Riverwood Capital.
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AI Due Diligence Tool Eyes US Expansion With $10M Series A
Xapien, a U.K.-based due diligence platform used in legal and other industries, announced Wednesday that it has completed a $10 million Series A funding round that will allow the company to expand into the U.S.
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Baker Donelson Adds Ex-DXC Tech GC To Public Policy Team
Baker Donelson Bearman Caldwell & Berkowitz PC is adding a former general counsel of IT service provider DXC Technology Co. as a senior public policy adviser and of counsel in the firm's Washington, D.C., office, it announced Wednesday.
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Clio Launches New Accounting Software Package
Legal software company Clio said Tuesday it has launched a new accounting software product for law firms — Clio Accounting — that's designed for use with an existing Clio product, Clio Manage.
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Legal Services Provider Execo Acquires India-Based Co. Cacti
Alternative legal services provider Execo has acquired India-based competitor Cacti Legal to strengthen its generative artificial intelligence offerings, marking its sixth acquisition, the company said Wednesday.
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Leya Raises $25M Series A For Its 2nd Investment In 3 Months
The Swedish legal artificial intelligence platform Leya added a $25 million Series A investment Wednesday as it seeks to compete with other emerging players offering generative AI for law firms' use.
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Jackson Lewis Adds Tech Officer From Citrin Cooperman
Jackson Lewis PC has brought aboard a new chief technology officer with decades of law firm-focused information technology and management experience, who most recently held the role of chief digital officer for professional services firm Citrin Cooperman.
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Litigation Support Provider Acquires Family-Owned Company
National litigation support services company Magna Legal Services has acquired family-owned, California-based competitor Bosco Legal Services, an acquisition that strengthens its service offerings.
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The 2024 Diversity Snapshot: What You Need To Know
Law firms' ongoing initiatives to address diversity challenges have driven another year of progress, with the representation of minority attorneys continuing to improve across the board, albeit at a slower pace than in previous years. Here's our data dive into minority representation at law firms in 2023.
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The 2024 Diversity Snapshot: Representation in the Ranks
Attorneys of color now represent 27.6% of nonpartners at law firms, a new high-water mark for the industry. But progress has lagged higher up. Here's a more detailed look at the representation of minority attorneys at the associate and partner levels.
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The 2024 Diversity Snapshot: How Firms Stack Up
Data from Law360 Pulse's law firm survey reveals that while firms are continuing to diversify their attorney ranks, progress has slowed. Just 15.6% of firms top the benchmarks for the 2024 Diversity Snapshot ranking — a lower percentage than last year. Here’s the latest look at how diversity in law firms' headcounts compares with what it could be based on the potential marketplace of new hires.