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Legal Tech
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AI Contract Software Startup DraftWise Raises $20M Series A
Less than a year after raising a seed round, the legal technology startup DraftWise secured a $20 million Series A funding round on Thursday.
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Dechert Wants Its Attorneys To Be More Creative
International law firm Dechert LLP wants its lawyers to unlearn some of what they picked up in law school about being an attorney so they can be more creative and innovative to offer better advice and services to their clients.
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Texas Firm Sues Filevine Over Software Contract
A personal injury law firm in Texas is seeking $300,000 in damages and court fees from Filevine Inc., alleging in a federal complaint that the company took too long in implementing a case management software platform for the sole practitioner.
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How State Courts Are Improving Virtual Hearings
State courts are improving virtual hearings by leveraging new technology, redesigning courtrooms, offering technical training to staff and improving case practices through the National Center for State Courts' Hybrid Hearings Improvement Initiative, according to a report it released this week.
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The Lessons Baker McKenzie Is Learning From Its AI Practice
Baker McKenzie officially launched its artificial intelligence transformation and machine learning group, called BakerML, in 2021, predating most other BigLaw firms that established their AI practices nearly two years later.
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UK Conveyance Co. TM Group Acquires Lawtech Software
TM Group, a U.K.-based real estate due diligence platform used by law firms, announced Tuesday that it has acquired technology provider Lawtech Software Group.
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Paul Weiss' Digital Tech Chair On AI's Promises And Perils
While generative artificial intelligence promises to increase access to justice and kill the billable hour, we don't know how to prevent it from unleashing misinformation and disinformation on the electorate, says Katherine Forrest, a former Manhattan federal judge who is now chair of Paul Weiss Rifkind Wharton & Garrison LLP's digital technology group.
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Wolters Kluwer Prices 5-Year, €600M Eurobond
Netherlands-based Wolters Kluwer, which provides software solutions for law firms and other professional service providers, has announced that it successfully priced a five-year, €600 million ($655 million) senior unsecured Eurobond listed on the Luxembourg Stock Exchange.
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Wolters Kluwer Adds AI Features To Legisway Product
The legal and regulatory division of legal software solutions company Wolters Kluwer announced on Monday new features for its corporate law department platform Legisway that leverage artificial intelligence for contract review.
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Selendy Gay's Generative AI Experiments Pay Off
Selendy Gay bet on a virtually unknown generative AI tool in 2023 on two matters and got a customized platform that allowed the litigation law firm to review documents quickly.
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Consumers Fight Dismissal Bids In Microsoft And OpenAI Suit
Consumers who say their privacy was violated by Microsoft Corp. and OpenAI LP's products are urging California federal court not to dismiss their complaint, saying it clearly and in detail lays out the basis for their allegations.
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Fla. Atty Suspended Over Bogus Cases After Possible AI Use
A Florida federal judge on Friday suspended an attorney from practicing law in the Middle District of Florida for one year after he fabricated cases listed on court documents, saying they may have resulted from his use of artificial intelligence.
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Harvard Law Releases 40M Pages Of Digitized Case Law
Harvard Law School's Library Innovation Lab is releasing nearly 40 million pages of scanned case law for free as part of the Caselaw Access Project, a public-private partnership between the innovation lab and legal tech startup Ravel Law.
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Legal Tech Roundup: Proof, Dura Software
The arrival of a new chief technology officer tops this roundup of recent legal technology news.
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As Deepfakes Rise, Prof Says Expert Fee Rules Must Change
Loyola Law School professor Rebecca Delfino recently published a paper about how the costs of litigating deepfake evidence, in particular expert witness fees, create access to justice barriers for litigants. Here, Delfino talked with Law360 Pulse about her proposal for addressing these barriers.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the beginning of March with another busy week as BigLaw firms made new hires and adjusted their practices.
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Norton Rose AI Leader Talks Mixed Terrain For 'Evolving' Tech
As head of Norton Rose Fulbright's new artificial intelligence practice team in the U.S., Chuck Hollis said he and other firm attorneys are aiming to guide corporate clients through their use of the "constantly evolving" technology amid differing regulations across the globe.
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Mass. Atty's AI Gaffe Prompts Warning, 'Restrained' Penalty
A Massachusetts judge has put the state's legal bar on notice of the dangers of trusting artificial intelligence by sanctioning an attorney $2,000 for filing court papers that were full of realistic-sounding but fictitious case citations.
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And The Oscars' Legal Questions Go To ... John Quinn
When he was the general counsel to the Academy of Motion Picture Arts and Sciences, Quinn Emanuel founding partner John Quinn attended the Oscars dozens of times, and he did so with a copy of the broadcast network contract tucked into his tuxedo pocket.
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Legal Sales Platform Propense.ai Raises $3M
Propense.ai, which provides software that identifies cross-selling opportunities for professional services companies, has announced a seed funding round of $3 million as it moves into production from an invite-only beta test.
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GCs See Data Privacy, ESG As Growing Risk Areas For 2024
While regulatory compliance remains top of mind for chief legal officers, data privacy, and environmental, social and governance have entered the conversation as leading risks for legal department leaders, according to the results of a new survey.
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Ontra Further Bolsters C-Suite, Hires Ex-C2FO Marketing Lead
Contract automation and intelligence provider Ontra announced on Wednesday its latest C-suite addition, bringing aboard the former global chief marketing officer of financial technology company C2FO to lead its marketing efforts.
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Invoice Outfit Oddr Expands Into Asia With Pickering Pearce
Oddr, a Silicon Valley-based invoicing platform for the professional services industry, announced on Tuesday its expansion into the Asia-Pacific regional market through a partnership with law firm consultancy Pickering Pearce.
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Where E-Discovery Generative AI Efforts Currently Stand
More e-discovery companies are announcing new capabilities that harness the power of generative artificial intelligence, but I'm hearing confusion among some law firm leaders about the immediate availability of the tools in a more crowded legal tech market.
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Why This Contract Software Co.'s 'Sweet Spot' Is Law Firms
While many contract software companies primarily cater to in-house legal teams, contract drafting platform Henchman is directing its attention toward law firms.