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Legal Tech
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Stavvy Acquires Loan Document Engine SigniaDocuments
Stavvy, a venture-backed fintech company serving real estate professionals, announced Wednesday that it had acquired the loan document engine SigniaDocuments.
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AI Chatbot Outperforms Humans On Legal Ethics Exam
The latest version of generative artificial intelligence chatbot ChatGPT passed a test modeled on the Multistate Professional Responsibility Exam with a grade surpassing the average for human law students, according to a study published Thursday.
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Tradespace Gets $4.2M To Construct AI-Powered IP Tool
The startup behind an intellectual property platform will tap into artificial intelligence after securing a $4.2 million seed funding round on Wednesday.
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E-Discovery Co. HaystackID Hires Exec For Advisory Services
E-discovery services firm HaystackID has hired an executive vice president of advisory services from the legal services company Innovative Driven to expand its information governance, forensics and technology consulting offerings.
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Professor Wins Grant To Develop AI Tool Kit For Legal Writing
A law professor at the University of Louisville has won a teaching grant from the Association of Legal Writing Directors to create a free tool kit that law professors can use for incorporating generative artificial intelligence into legal writing courses, the university has announced.
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Muslim Bar Groups Say Law Firms Have Stoked Islamophobia
The National Association of Muslim Lawyers, the American Muslim Bar Association and regional Muslim bar groups have blasted law firms for being "one-sided" in regard to the war in Israel and Gaza, accusing firms of adding to the environment of Islamophobia and anti-Arab sentiment and saying some legal professionals are "afraid to reveal their heritage."
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Dye & Durham Kicks Off Plan To Increase Capital
Toronto-headquartered legal practice management software provider Dye & Durham Ltd. is reviewing its "noncore assets" to accelerate a previously announced plan to reduce its leverage ratio.
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Fla. Bar Committee Proposes Generative AI Ethics Guidelines
A Florida Bar ethics committee earlier this week issued proposed guidelines for how attorneys can ethically use generative artificial intelligence — systems that produce written and visual content — in their legal work.
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ABA Shines Spotlight On 3 Champions Of LGBT Causes
The American Bar Association is honoring three longtime advocates for LGBT rights in the legal community in February with its annual Stonewall Award.
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Calif. Judicial Body To Weigh Greater Remote Access To Court
During its meeting Friday, California's Judicial Council will receive a report recommending courts continue to use remote technology to conduct case proceedings on a permanent basis while also conducting jury hardship questions and jury selection online.
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Feds Say Broadcasting Trump Trial Would Create A 'Spectacle'
Federal prosecutors on Monday urged a D.C. federal judge to reject Donald Trump's request to televise his upcoming election interference trial, arguing that the former president merely wants to create a "carnival atmosphere" and a "spectacle" that could lead to witness intimidation.
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Law Firms Are Getting Attys Ready For Generative Text
As generative text tools arrive in the legal field, law firms are educating their attorneys about how to use them and their ethical obligations.
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When Should Firms Redo Their Websites?
Law firms tend to be less willing to refresh their websites than other types of organizations, according to experts, and to get the most value from their online presence, firm leaders should learn to recognize when the website needs attention.
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Report Alleges Data Breach Of Texas Family Law Nonprofit
The co-founder of cyber risk solutions company Security Discovery said in a blog post Monday that a non-password-protected database containing nearly 400,000 PDF documents that appear to be connected to the Texas nonprofit America Family Law Center had been exposed.
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France-Based Legal AI Startup Secures Seed Round
The legal artificial intelligence platform Jimini AI raised a €1.9 million (about $2 million) seed round on Monday, according to LinkedIn posts from the startup's founders.
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Most Lawyers Keen To Limit AI Use In Arbitration
Two-thirds of legal professionals say there should be greater transparency about the use of artificial intelligence tools in arbitration, as fears mount over their rapid uptake in the field, according to a new survey.
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Mich. State Bar Says Judges Ethically Must Keep Up With AI
The State Bar of Michigan has issued an opinion stating that judges have an ethical obligation to understand advancing technology, including artificial intelligence, and to ensure its use in the legal system is consistent with the law, making Michigan one of the first state bars to explicitly address the issue.
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Biden's AI Order Shows GCs That Regulators Are Watching
Regardless of whether President Joe Biden's recent executive order on so-called safe AI directly applies to a company, top corporate lawyers should ensure they have a formal policy — because federal agencies and general regulators are now closely scrutinizing business practices related to the technology.
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Hanzo Latest Legal Tech Co. To Develop Generative AI Tool
Data management software company Hanzo said Thursday that it is developing a generative artificial intelligence tool to automate the process of determining whether electronic communications such as emails or chat messages are relevant to litigation or an investigation.
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Legal Tech Roundup: CS Disco, VLex
A new partnership between a leading e-discovery software company and a legal intelligence platform tops this roundup of recent legal technology news.
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Voir Dire: Law360 Pulse's Weekly Quiz
November is shaping up to be another busy month for the legal industry as BigLaw firms made new appointments and kicked off year-end bonus season this week. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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A&O Hit By Cyberattack As Shearman Merger Looms
Allen & Overy LLP confirmed on Thursday that it has been hit by a ransomware attack, less than a month after sealing a merger with Shearman & Sterling LLP in New York.
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McGuireWoods Partner Will Transition To In-House At Appian
A McGuireWoods partner who has been with the firm for about a decade is set to move in-house later this month as deputy general counsel at software company Appian Corp., according to a Wednesday announcement from the law firm.
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Legal Tech Co. Scan Logic Hires NQ Zebraworks Co-Founder
Legal tech provider Scan Logic has announced the appointment of a chief revenue officer and equity partner with experience co-founding and leading the service nQ Zebraworks.
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Legal Tech Co. Elevates Chief Revenue Officer To President
E-discovery and document review company Consilio LLC announced on Wednesday the elevation of its chief revenue officer to be the company president.
Expert Analysis
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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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Law 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 Lawyers
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 Law 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 Law Firms
Law 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.