Legal Tech

  • AI Contract Tool Superlegal Gets $5M To Serve Smaller Cos.

    Superlegal, an artificial intelligence platform to help small and medium-sized businesses review contracts, closed a $5 million seed funding round on Wednesday.

  • Travers Smith Carves Out AI Biz From Legal Tech Arm

    Travers Smith LLP said on Wednesday that it has spun out a new artificial intelligence business from its legal technology arm that it expects will form one single system for lawyers to access and create a variety of AI tools.

  • AI Assistant Developer Legal OS Rebrands To Flank AI

    Legal OS, which offers a legal assistant that automatically addresses requests from business users, announced Tuesday its rebranding to Flank AI and the broadening of its commercial application.

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    Attys With AI Skills Command Pay Bumps In The US, UK

    Lawyer job listings that require artificial intelligence skills carry a wage premium of up to 49% higher in some markets, according to a report released Tuesday.

  • Data Breach Co. CyEx Acquires Legal Administrator Simpluris

    CyEx, a supplier of data breach solutions, announced Monday the acquisition of class action settlement administrator Simpluris Inc.

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    Strategic Hiring Was The New Normal For BigLaw In 2023

    The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.

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    The Law360 400: Tracking The Largest US Law Firms

    The legal market expanded more tentatively in 2023 than in previous years amid a slowdown in demand for legal services, especially in transactions, an area that has been sluggish but is expected to quicken in the near future.

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    ABA's Education Section Endorses Alternative Atty Licensing

    The American Bar Association's national accrediting arm for law degree programs announced during a council meeting Friday the adoption of a report that effectively recognizes alternative methods of attorney licensing outside the bar exam.

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    Legal Tech Owners Struggle To Obtain Women-Owned Biz Cert

    Some legal tech founders value getting their company certified as a women-owned business, but they have found it challenging to obtain certification while trying to run successful enterprises, juggle other responsibilities and navigate investor opportunities.

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    Courts' 'Wait And See' On Deepfake Rule Gets Mixed Reviews

    A new evidentiary rule for dealing with artificial intelligence-generated deepfakes is unnecessary right now, according to a federal judiciary committee, but the courts' "wait and see" approach may be too cautious, some experts told Law360 Monday.

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    New Alvarez & Marsal Service Offers Back Office Outsourcing

    Professional services firm Alvarez & Marsal announced Monday the launch of a new outsourcing service, offering law firms management and consulting services to address "back-office functions."

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    NJ Lawmakers Advance Measures Tackling Deepfakes

    The New Jersey Assembly Judiciary Committee approved measures Monday to head off the rise of "deepfakes," including the establishment of a $2 million unit under the Office of the Attorney General to help law enforcement and the state judiciary verify evidence.

  • Calif.'s Top Judge Launches Task Force To Probe AI Uses

    California Supreme Court Chief Justice Patricia Guerrero has created a new task force to look into how generative artificial intelligence could benefit the court system and its users, while also evaluating its potential risks, the court announced Friday.

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    Microsoft Outlines AI Global Governance Goals

    As Microsoft homes in on policies around artificial intelligence, the company published a report Friday featuring external perspectives and its own views on goals and frameworks for global AI governance.

  • Legal Tech Roundup: Nuix, Fynk

    A leading executive leaving a legal technology company tops this roundup of recent industry news.

  • Quinn Emanuel Adopts AI Litigation Analytics Tool Pre/Dicta

    International law firm Quinn Emanuel Urquhart & Sullivan LLP is adding artificial intelligence litigation analytics platform Pre/Dicta to its repertoire of litigation tools, the firm and company announced this week.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The middle of May marked another action-packed week for the legal industry as former President Donald Trump's hush money trial continued and BigLaw firms expanded their reach in the U.S. and abroad. Test your legal news savvy here with Law360 Pulse's weekly quiz.

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    Calif. Bar Halts Plans To Develop New Bar Exam

    The State Bar of California has shelved a plan to develop its own online bar exam, a shift that could save the cash-strapped organization up to $4 million per year, but drew opposition from law school deans concerned about its ambitious rollout timeline.

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    Deepfake Rule Proposals Navigate 'Perfect Evidentiary Storm'

    As federal judiciary officials explore how to handle evidence faked by artificial intelligence, attorneys are divided over the need to change evidence rules, with some worried that current rules are not up to the challenges posed by deepfakes, and others fearful that altering them might do more harm than good.

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    EBrevia Co-Founders On Buying Back Co. And Their AI Plans

    Contract review software company eBrevia Inc. recently launched its first new product since the business was bought back by its co-founders Adam Nguyen and Jake Mundt. Here, the co-founders spoke with Law360 Pulse about why they repurchased eBrevia and their plans for the company.

  • SurePoint Acquires Legal Data Co. Leopard Solutions

    Practice management solutions provider SurePoint Technologies announced on Thursday the acquisition of legal intelligence firm Leopard Solutions.

  • Swedish AI Legal Assistant Leya Secures $10.5M Seed Round

    Leya, an artificial intelligence-powered legal assistant that pulls public legal sources and proprietary data from law firms, raised a $10.5 million seed round on Thursday.

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    Buchalter Starts Fintech And AI Practice With New Seattle Hire

    Buchalter PC announced that it hired the former chief legal officer at mortgage-focused fintech company Sagent as a Seattle-based shareholder and chair of its newly launched fintech and artificial intelligence practice group.

  • Goodwin Expands Partnership With Funds Co. Passthrough

    Goodwin Procter LLP announced this week the launch of Goodwin Embark, an investor onboarding service developed in partnership with software company Passthrough.

  • Faegre Drinker Partners With Analytics Co. For Client Insights

    International law firm Faegre Drinker Biddle & Reath LLP is partnering with Chicago-based artificial intelligence predictive analytics platform Orgaimi Inc. to gain more insights from the firm's existing data to better serve clients.

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Expert Analysis

  • How Firms Can Prepare For AI-Based Knowledge Management Author Photo

    Law firms implementing artificial intelligence tools to help lawyers find answers to administrative questions should remember that poor data integration practices can be costly and time-consuming, and must consider four steps to lay the groundwork, says Bim Dave at Helm360.

  • Guiding Principles For Implementing New Legal Technology Author Photo

    Best practices for adopting new legal technology include considering the details of the organization's needs, assembling an implementation team, integrating the new tool into the workflow and making it as easy as possible for the user, says Kate Orr at Orrick.

  • Future Lawyers Expect DEI Commitments Beyond Recruiting Author Photo

    To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.

  • How Law Firms Can Innovate Amid Rising Client Demands Author Photo

    As clients increasingly tell law firms to integrate new legal technologies, firms should consider service delivery advancements that directly address the practice of law and can truly distinguish them — both from a technology and talent perspective, say members of Axiom Consulting.

  • The Case That Showed Me The Value Of E-Discovery Plans Author Photo

    Robert Keeling at Sidley reflects on leading discovery in the litigation that followed the historic $85 billion AT&T-Time Warner merger and how the case highlighted the importance of having a strategic e-discovery plan in place.

  • What Litigators Can Expect From The Metaverse Author Photo

    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 Data Author Photo

    Most 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.

  • Why You Should Leverage AI For Privilege Review Author Photo

    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.

  • Tips For Evaluating Machine Learning For Contracts Review Author Photo

    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.

  • Collaborative Tech Will Dictate Future Law Firm Success Author Photo

    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.

  • How Dynamic Project Management Can Help Law Firms Author Photo

    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.

  • How Firms Can Benefit From Creating Their Own ALSPs Author Photo

    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.

  • Keys To Digitizing Inefficient Contract Management Processes Author Photo

    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.

  • Law Firm Tips For Evaluating AI And Machine Learning Tools Author Photo

    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.

  • Learning How To Code Can Unleash New Potential In Lawyers Author Photo

    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.

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