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Chryssa Stefanou, global head of legal operations at biotechnology company CSL, wants lawyers to realize that generative AI and new technology tools can empower them and add value to their work. Here, she discusses her career in the space and shares how CSL and its legal department are using generative AI.
A contract management company's hiring of two C-suite executives tops this roundup of recent industry news.
Nearly one in five queries caused leading legal artificial intelligence tools to respond with misleading or false information, according to new report on Thursday, reminding users to remain cautious about the outputs of these platforms.
The upcoming holiday weekend didn't stop the legal industry from making this another action-packed week as BigLaw expanded and adjusted practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Colorado Gov. Jared Polis signed the Artificial Intelligence Act into law last week, setting rules for both developers and deployers of "high-risk" AI systems.
William H. Mergner Jr., the newly sworn-in president of the New Jersey State Bar Association, joined Law360 Pulse for a preview of how he plans to approach AI, boosting NJSBA membership and more.
Growth equity investor Gresham House Ventures backed the legal tech data governance companies ActiveNav and Actfore with a follow-on investment of £6.3 million (about $8 million) on Thursday.
DeepL, a writing and translation service that leverages a proprietary large language model, announced on Wednesday the closing of a $300 million investment round that values the company at $2 billion.
More senior lawyers ask different and deeper questions about artificial intelligence technology — particularly around security and data protection — not only for their need to stay relevant and gain additional skills, but also because of their breadth of experience and years of being risk-averse, according to a legal industry panelist who spoke during a webinar Tuesday.
Solo and small law firms plan to adopt uses of artificial intelligence technology more quickly than larger firms in the next six months, and prospective clients are even more eager for AI, according to a new report by law practice management software company Clio.
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the fourth quarter of last year.
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 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.
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.
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.
CyEx, a supplier of data breach solutions, announced Monday the acquisition of class action settlement administrator Simpluris Inc.
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.
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.
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.
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.
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.
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."
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.
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.
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.
To make their first 90 days on the job a success, new legal operations managers should focus on several key objectives, including aligning priorities with leadership and getting to know their team, says Ashlyn Donohue at LinkSquares.
Female attorneys and others who pause their careers for a few years will find that gaps in work history are increasingly acceptable among legal employers, meaning with some networking, retraining and a few other strategies, lawyers can successfully reenter the workforce, says Jill Backer at Ave Maria School of Law.
ChatGPT and other generative artificial intelligence tools pose significant risks to the integrity of legal work, but the key for law firms is not to ban these tools, but to implement them responsibly and with appropriate safeguards, say Natalie Pierce and Stephanie Goutos at Gunderson Dettmer.
To safeguard against the many risks posed by generative artificial intelligence legal tools, in-house counsel should work with their information security teams to develop new data security questions for prospective vendors, vet existing applications and review who can utilize machine guidance, says Diane Homolak at Integreon.
Opinion
We Must Continue DEI Efforts Despite High Court HeadwindsThough the U.S. Supreme Court recently struck down affirmative action in higher education, law firms and their clients must keep up the legal industry’s recent momentum advancing diversity, equity and inclusion in the profession in order to help achieve a just and prosperous society for all, says Angela Winfield at the Law School Admission Council.
Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.
Corporate legal departments looking to implement new technology can avoid hiccups by taking steps to define the underlying business problem and to identify opportunities for process improvements before leaping to the automation stage, say Nadine Ezzie at Ezzie + Co., Kenneth Jones at Xerdict Group and Kathy Zhu at Streamline AI.
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
Tools like ChatGPT can help students studying for the bar exam achieve their two main goals — mastering law concepts and topics, and then successfully applying them to the various question formats on the test — but there are still limitations to this technology, including incorrect answers, says Joseph Wilson at Studicata.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
Opinion
Attorneys Should Have An Ethical Duty To Advance DEINational and state bar associations are encouraging attorneys to apply diversity, equity and inclusion practices in the legal profession and beyond, and these associations should take it one step further by formally recognizing ethical duties for attorneys to promote DEI, which could better the legal profession and society, says Elena Mitchell at Moore & Van Allen.
Corporate counsel often turn to third-party vendors to manage spending challenges, and navigating this selection process can be difficult for both counsel and the vendor, but there are several ways corporate legal departments can make the entire process easier and beneficial for all parties involved, says David Cochran at QuisLex.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
The growing demand for analytical data within law firms and corporate law departments — from live case status updates to diversity reports — highlights the need for improvements in legal profession reporting, with increasingly granular industry-standard codes to describe legal tasks being key, says Kenneth Jones at Xerdict.