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Chicago-based Orgaimi Inc., which makes a client intelligence platform that uses artificial intelligence, received a $100,000 investment from a startup fund managed by DePaul University, the school has told Law360 Pulse.
The Law Society said Thursday it would pursue a new strategy to encourage innovation with artificial intelligence while focusing on protecting law firms and the general public, as adoption of new technology rises across the profession.
Generative artificial intelligence, change management and data strategy are among the factors affecting how BigLaw knowledge management teams are organized, according to a group of panelists who have successfully navigated different structures.
Courts need to carefully consider the ethical implications of using artificial intelligence tools in their operations, according to experts at a recent webinar.
Redgrave LLP, a firm focusing on information law, has hired a 10-attorney team from Sidley Austin LLP, including three partners and a founder of Sidley Austin's e-discovery and data analytics team, the firm said Wednesday.
Engine Capital LP vowed to keep its proxy fight with Dye & Durham Ltd. alive on Wednesday after the legal technology software company secured a truce with another investor.
Data mining solution Actfore announced Wednesday it will spin off into an independent entity from its sister company ActiveNav, both of which are owned by Data Discovery Solutions Ltd. Group.
OneNDA, an open-source project spearheaded by The Law Boutique, announced Wednesday that it has been acquired by contract drafting tool provider Law Insider.
UnitedLex said that it fired CEO James Schellhase on Oct. 4 after "learning information related to his personal conduct."
A California attorney has launched a proposed class action against appellate case management company Record Press in California federal court alleging that the New York-based company sends lawyers spam emails that deceptively appear to be important updates about ongoing litigation.
U.K. law firm Shoosmiths LLP and governance software developer Enzai have launched a platform called AI Comply to help companies navigate the changing regulatory landscape around artificial intelligence.
Alternative legal services provider Execo announced on Tuesday the hiring of the former legal director at wealth management firm Equiom Group as its chief legal officer.
Millions of people across the United States desperately need free or reduced-cost legal services, and attorneys and law firm leaders want to make a difference. Here, Law360 Pulse looks at firms' pro bono priorities.
Law firms are often eager to burnish their social responsibility credentials by leveraging their training and experience to help communities that don’t have the resources to pay BigLaw billing rates. See which firms are leading the pack in pro bono hours.
A continuing onslaught of legislation and litigation opposing corporate environmental, social and governance actions has created a fork in the road for law firms, with some choosing to scale back efforts and others pushing ahead with their internal ESG and diversity, equity and inclusion goals.
Law firms are being heavily scrutinized for their social responsibility efforts, with attorneys, clients and critics all pushing for accountability. Find out which firms made Law360 Pulse's list of firms that are taking the greatest strides on social responsibility.
To some, a recent report's finding that nearly 60% of legal department leaders expect a reduced reliance on outside legal service providers due to GenAI might be gloomy, but many lawyers view the innovations as a way for clients and counsel to strengthen their relationships.
Contract management software provider ContractPodAi, which launched an automated legal assistant earlier this year, announced Tuesday a new partnership with London's KPMG that will provide artificial intelligence to the Big Four accounting firm and its managed legal services.
The California Supreme Court has rejected a proposal that would have allowed bar applicants to submit a portfolio of work they did with real clients under supervision instead of taking the bar exam.
A contract software company gained new funding from a venture capital program this week.
Document Crunch, a contract software company servicing the construction industry, announced on Thursday the raising of $21.5 million in a Series B funding round, less than a year after its first capital raise.
Three outlier megadeals pushed funding for legal technology companies to $1.57 billion in the third quarter of 2024, up from $392.5 million in the same period last year, but the number of mergers and acquisitions fell by about 50%.
This was another action-packed week for the legal industry as BigLaw firms made a slew of hires and a state judge was admonished for lip synching "Jump" by Rihanna in a TikTok. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Alternative dispute resolution provider JAMS has launched a suite of artificial intelligence-powered tools that attorneys, their clients and panelists can use in the dispute resolution process as part of its new initiative JAMS Next.
Gunster has struck a settlement agreement in one of the two proposed class actions it faces in Florida federal court over a 2022 data breach, while the plaintiffs in the second case urged the court the same day to reject the law firm's dismissal bid in their suit.
As virtual reality continues to develop, litigators should consider how it will affect various aspects of law practice — from marketing and training to the courtroom itself — as well as the potential need for legal reforms to ensure metaverse-generated data is preserved and available for discovery, says Ron Carey at Esquire Deposition Solutions.
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The Future Of Legal Ops: Time To Get Serious About DataMost corporate legal departments collect surface-level data around their operations, such as costs and time to resolution, but legal leaders should explore more in-depth data gathering to assess how effective an attorney was, how efficiently legal work was performed, and more, says Andy Krebs at Intel.
While many lawyers still believe that a manual, document-by-document review is the best approach to privilege logging, certain artificial intelligence tools can bolster the traditional review process and make this aspect of electronic document review more efficient, more accurate and less costly, say Laura Riff and Michelle Six at Kirkland.
Law firms considering machine learning and natural language processing to aid in contract reviews should keep several best practices in mind when procuring and deploying this nascent technology, starting with identifying their organization's needs and key requirements, says Ned Gannon at eBrevia.
Law firms need to shift their focus from solving the needs of their lawyers with siloed solutions to implementing collaboration technology, thereby enabling more seamless workflows and team experiences amid widespread embrace of hybrid and remote work models, says Kate Jasaitis at HBR Consulting.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.