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Syntracts, an on-premises contract intelligence platform that works with existing artificial intelligence tools, announced Tuesday that it raised $5.3 million in a seed round to bolster its sales efforts.
When it comes to the implementation and use of artificial intelligence, in-house lawyers should remember that they're attorneys for the business — not for the information technology departments at their companies, lawyers said during a panel Wednesday.
The push for more widespread use of generative artificial intelligence in law firms is increasingly coming from clients.
More than a third of major public companies in a study cite AI as a risk factor in their annual financial filings, and 73% report they are aligning with external cybersecurity standards. Both numbers are significantly higher than last year.
Los Angeles boutique Newell Law Group has hired an entertainment industry veteran in a new role bolstering its nonlegal television and film packaging and sales arm, the firm announced Monday.
A New York attorney on Tuesday denied ever having used artificial intelligence in his law practice and said the fake, AI-hallucinated cases cited in a motion to dismiss a case against his client were prepared by another attorney.
Casium, a startup providing an artificial intelligence platform to help businesses manage visa and immigration compliance, announced Monday the raising of $5 million in seed funding to accelerate its product development.
As more law schools look to get ahead of the curve on artificial intelligence, the Sandra Day O'Connor College of Law at Arizona State University announced Monday that it has established an AI and Legal Tech Studio under the leadership of the University of Oklahoma College of Law's former director of Technology Innovation.
As BigLaw firms continue to post record-breaking revenues, we're highlighting the firms that reported more than $1 billion in gross revenue in the most recent calendar year.
The law firm market has undergone unprecedented change in recent years, allowing for more upward mobility for some firms yet presenting risks for the longtime stalwarts of prestige. Here's how law firms navigate those shifting dynamics.
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
Clients gravitate towards firms with sterling reputations, and so does exceptional legal talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
Software contract company LegalOn Technologies announced Tuesday its first acquisition since launching in 2017, purchasing Fides Technology, a governance artificial intelligence company backed by Sequoia Capital.
The Florida Supreme Court on Thursday issued new cybersecurity standards across the state's court system, including the establishment of a committee that will oversee governance of the policy in the judicial branch.
A Connecticut personal injury firm and its former client have reached a joint stipulation of dismissal in a federal court dispute over the firm's hacked email system and a fraudulent email that resulted in the wiring of nearly $730,000 in closing costs on a residential property.
Legal technology company Dye & Durham said Monday it brought a lawsuit against its former chief executive and his investment vehicle in a Canadian court to enforce the terms of a previously announced settlement resolving a longstanding dispute.
This week across higher education, a legal tech company hopes to have more lawyers from Pacific Northwest legal deserts through a partnership with Seattle University, an artificial intelligence startup will offer its software to law students in South Carolina, Columbia University will name a newly renovated library after an alum who made a $15 million donation, and Cardozo School of Law will transform its clinic hub in Manhattan through a $6 million donation from a graduate.
A St. Louis federal court is weighing whether to sanction Liberty Mutual Personal Insurance Company's lawyers after they submitted a motion containing citation errors and then, after a warning, "somehow" submitted a second motion with the same types of mistakes.
The legal technology and artificial intelligence company Litera opened a location in New Jersey this week at the Bell Works office campus in Holmdel, in a push to expand operations and drive more in-person work.
Two legal technology companies expanded leadership teams with new appointments this week.
Generative artificial intelligence is helping smaller class action firms gain an edge over well-monied BigLaw competitors, but litigation attorneys say the advantages come with several catches.
This was another action-packed week for the legal industry as law firms expanded their operations and hired C-suite executives. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Law firms are using "creative ways" to fund their business operations under existing legal regulations, David Perla, vice chair at financial services company Burford Capital, said during a panel at the Chicago Athletic Association.
London-based law firm Macfarlanes LLP announced on Wednesday the hiring of Mayer Brown LLP's former head of innovation in Europe to lead its software-developing lawtech department.
Human resources and payroll platform Deel, advised by Orrick Herrington & Sutcliffe LLP, on Thursday revealed that it hit a $17.3 billion valuation after closing its latest funding round with $300 million in investor commitments.