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Legal Tech
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Insurers Say Legal Malpractice Costs Keep Outpacing Inflation
The frequency at which major law firms faced malpractice claims held relatively steady in 2024, but payouts on claims continued to boom at a rate outpacing general inflation, according to this year's legal professional liability insurance survey, with nearly half of insurers surveyed reporting having paid at least one claim over $150 million.
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Use Of AI In Â鶹´«Ã½ On Rise But May Be Behind Other Fields
About half of the legal professionals who responded to a November survey said they used artificial intelligence at work — a percentage that's up from the previous year but still lower than the AI adoption rate of respondents in accounting, consulting and finance, according to a report released Tuesday.
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OpenAI Escapes Defamation Suit In Ga. Over ChatGPT Output
A Georgia state court on Monday dismissed a radio show host's defamation suit against ChatGPT developer OpenAI LLC, finding that the challenged ChatGPT output is not defamatory because it doesn't communicate actual facts.
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Wills Management Co. Adeus Awarded £500K UK Grant
Innovate UK, a national innovation agency, awarded the startup adeus with a £500,000 Smart Grant (around $668,000) to accelerate the development of its wills and legacy planning software for England and Wales, according to an announcement Monday.
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Foley Mansfield's First Head Of AI Talks Legal Tech
A former Foley Mansfield LLP partner has returned to the firm as its first director of artificial intelligence and innovation, telling Â鶹´«Ã½360 Pulse he's looking forward to finding ways to implement AI across the firm.
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Many Â鶹´«Ã½ Firms 'Soul Searching' About Their AI Goals
While recent reports show that law firm adoption of artificial intelligence tools is jumping, many firms haven't reached the stage where they are measuring gains from their AI investments yet, according to current and former law firm leaders and consultants.
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Theo Ai Closes A $4.2M Seed Funding Round
Theo Ai, a new legal technology startup that uses artificial intelligence to predict the outcome of legal disputes, announced on Monday the raising of $4.2 million in seed funding, around six months after it closed a pre-seed round in November.
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Anthropic's AI-Hallucinated Errors Taint Filing, Publishers Say
Music publishers suing Anthropic for copyright infringement accused the artificial intelligence company on Friday of downplaying the seriousness of errors in a filing caused by Anthropic's own Claude AI tool, saying the company's counsel violated a judge's standing order and arguing that the filing at issue should be tossed.
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Accused Fox Video Hacker's Attys Slammed For Fake Citations
A Florida federal judge has ordered an alleged Fox News video hacker's dismissal motion stricken from the record after finding it was full of fake legal citations and demanded an explanation from defense attorneys for the "unprofessional misrepresentations."
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Calif. Atty Caught Using Claim Construction Made Up By AI
A San Francisco-based attorney representing Magpul Industries in patent litigation has been effectively removed from the case after admitting that the claim construction chart he submitted was nearly all fabricated by artificial intelligence.
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Ex-GCs Co-Found Legal Outsourcing Co. Velocity Edge
A team of two general counsel and a human resources executive announced the launch of Velocity Edge Advisors, offering businesses outsourced legal and workforce services.
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Legal Tech Roundup: Clio, Angeion Group
A legal technology powerhouse announcing the arrival of a new C-suite executive tops this roundup of recent industry news.
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MaxVal Group Hires 2 Partners For Its Affiliated IP Â鶹´«Ã½ Firm
Intellectual property management tech company MaxVal Group Inc. announced Friday the hiring of two former attorneys at Dennemeyer & Associates as partners with the group's affiliate law firm Convergence IP Â鶹´«Ã½ PC.
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Voir Dire: Â鶹´«Ã½360 Pulse's Weekly Quiz
The legal industry marked mid-May with another busy week as attorneys landed new roles and firms expanded their offerings. Test your legal news savvy here with Â鶹´«Ã½360 Pulse's weekly quiz.
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Anthropic's Atty Says Client's Own AI Created Error In Filing
A Latham & Watkins LLP associate representing Anthropic in the artificial intelligence company's copyright fight with music publishers said Thursday that she used Anthropic's own Claude.ai tool to help draft an expert's declaration that included an erroneous citation, but she argued the error was "an honest citation mistake and not a fabrication of authority."
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Anaqua Acquires IP Management Software Co. RightHub
Intellectual property management tech provider Anaqua Inc. announced Thursday its acquisition of European software developer RightHub, marking its first pick-up since Nordic Capital completed its purchase of Anaqua in February.
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Ex-LA DA's Atty's AI Use 'Affirmatively Misled' Special Master
The retired California federal judge serving as special master for former Los Angeles District Attorney Jackie Lacey's insurance coverage suit — stemming from her husband's holding a gun in their home's doorway in 2020 — has ordered litigation sanctions against Lacey's legal team, finding the lawyers submitted "bogus AI-generated research" that initially tricked the judge.
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Morae Acquires Information Governance Co. Gimmal
Legal business solutions provider Morae Global Corp. announced on Wednesday its acquisition of Gimmal, an information governance software company, continuing a steady streak of pick-ups since selling shares to a private equity firm.
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BigÂ鶹´«Ã½ Has More LinkedIn Followers, But Less Engagement
The 30 largest U.S. law firms have more LinkedIn followers, but smaller firms in the top 200 have higher engagement rates despite fewer followers on the platform, according to a report released Thursday by BTI Consulting Group.
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MyPillow CEO Can't Delay Defamation Trial Over Atty AI Errors
A Colorado federal judge denied MyPillow CEO Mike Lindell's request to continue a defamation jury trial set for early June, finding her threat of discipline and media attention over mistakes stemming from defense counsel's use of artificial intelligence in drafting briefs don't warrant delaying trial in the lawsuit.
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Sheppard Mullin Adds Cadwalader's Tech-Savvy CIO In NY
Sheppard Mullin Richter & Hampton LLP has hired Cadwalader Wickersham & Taft LLP's chief information officer for that same role on its business services leadership team.
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Australia-Based AI Legal Platform Plexus Gets $6M Investment
Plexus, an artificial intelligence-powered legal automation platform for in-house teams, said Wednesday it had secured AUS$6 million (about $3.8 million) in new funding.
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Â鶹´«Ã½360 Names Attys Who Moved Up The Firm Ranks In Q1
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Â鶹´«Ã½360 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 first quarter of the year.
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Judiciary To Share Pros, Cons Of AI For Courts With Congress
The federal judiciary is looking at the benefits and drawbacks of artificial intelligence for the court system and will share its discoveries with Congress, top officials testified on Wednesday.
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'Rapid Inorganic Growth' Ends As Dye & Durham Pauses M&A
Dye & Durham Ltd. has halted all mergers and acquisitions to focus on a new operational strategy, the legal practice management software company announced Tuesday.
Expert Analysis
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Future Â鶹´«Ã½yers Expect DEI Commitments Beyond Recruiting
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 Â鶹´«Ã½.
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How Â鶹´«Ã½ Firms Can Innovate Amid Rising Client Demands
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.
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The Case That Showed Me The Value Of E-Discovery Plans
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.
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What Litigators Can Expect From The Metaverse
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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Series
The Future Of Legal Ops: Time To Get Serious About Data
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.
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Why You Should Leverage AI For Privilege Review
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.
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Tips For Evaluating Machine Learning For Contracts Review
Â鶹´«Ã½ 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.
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Collaborative Tech Will Dictate Future Â鶹´«Ã½ Firm Success
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Â鶹´«Ã½ 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.
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How Dynamic Project Management Can Help Â鶹´«Ã½ Firms
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Â鶹´«Ã½ 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.
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How Firms Can Benefit From Creating Their Own ALSPs
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.
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Keys To Digitizing Inefficient Contract Management Processes
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.
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Â鶹´«Ã½ Firm Tips For Evaluating AI And Machine Learning Tools
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.
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Learning How To Code Can Unleash New Potential In Â鶹´«Ã½yers
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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The Importance Of Client Engagement In Â鶹´«Ã½ Firm Innovation
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
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A Scientific Path For Improving Diversity At Â鶹´«Ã½ Firms
Â鶹´«Ã½ firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.