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Legal Tech
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Elevate Services Nabs $20M Capital Commitment
Software-based legal services company Elevate Services Inc. closed a $20 million commitment from Runway Growth Capital LLC, according to an announcement from the investment firm on Thursday.
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How Law Firms Balance Internal E-Discovery And Outsourcing
As law firms try to find the right fit between outsourcing some e-discovery services and having dedicated internal e-discovery teams, a group of panelists from top firms are focused on providing value and evaluating the next generation of e-discovery tools.
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LexisNexis Opens General Access To Gen AI Tool In Canada
LexisNexis Legal & Professional has made its generative artificial intelligence tool Lexis+ AI generally available for Canadian customers after a commercial preview in the region earlier this year, the company said Thursday.
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Legal Tech Co.'s $1.3M Data Privacy Deal Gets OK'd
A Kansas federal judge granted preliminary approval to a proposed $1.3 million settlement between a data and professional services company catering to law firms and a class of thousands of its customers and employees, who said their personal information was stolen in a March 2023 data breach that exposed 200 gigabytes of sensitive information.
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Record Retrieval Co. Compex Discloses April Data Breach
Compex Legal Services Inc., a record retrieval and litigation support services provider, said Wednesday it had a data breach in April that exposed the personal identifiable information of "certain individuals," and the company is currently conducting an investigation into the event.
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US Market Fuels Clifford Chance Revenue Growth
Clifford Chance LLP said Wednesday that revenue has climbed by 9% to £2.3 billion ($3 billion) in the financial year to April 30, fueled by a 28% growth in the U.S., where the firm enjoyed its best performance yet in the world's largest legal market.
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Legal Ops Teams Feel Friction With In-House Legal Leaders
Legal technology helps drive innovation and efficiency across the corporate law department, but many legal ops professionals often clash with in-house legal teams, according to survey results released Tuesday.
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Texas Legal Services Biz Escapes Most Data Breach Claims
A Texas federal judge has trimmed most claims in a proposed class action over a legal services company's data breach, leaving a negligence claim lodged by one plaintiff who alleges he was a victim of identity theft due to the breach.
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How Law Librarians Are Teaching Ethical Use Of AI
Law librarians are using several strategies to teach law students and lawyers how to ethically use generative artificial intelligence tools, including reading assignments, prompt exercises and mandatory training, according to a panel at the American Association of Law Libraries' annual conference
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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.