These Law Firms Are on the Cutting Edge of AI: The Morning Minute
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December 06, 2023 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
EARLY(-ISH) ADOPTERS - Law firms are not known for being tech trailblazers, but if there's a segment of them that could be considered at the forefront of AI adoption, it's personal injury firms. As Law.com's Cassandre Coyer reports, legal practice management software provider Smokeball released its 2024 State of Law Report this week and 40% of personal injury firm respondents said they're already using AI. "Personal injury firms are adopting AI at a much faster rate than other practice areas. And I think that the factors of a firm being willing and ready to adopt AI come down to, one, level of comfort with technology…but also the volume," Lambert said. "So what is the type of task and what is the volume of tasks? And personal injury firms are known for being high volume practice areas."
GOTTA DO WHAT YOU GOTTA DO - Elite litigation boutiques are beginning to match or exceed the new market salary and bonus scales for associates, following dozens of Am Law 100 firms that have announced they will follow the new salary and bonus scales set by Cravath Swaine & Moore. While Big Law on the whole has appeared a bit more hesitant than usual to engage in the salary wars this year, many trial boutiques don't feel they have much of a choice if they want to stay competitive. As John Zavitsanos, managing partner of Houston's Ahmad, Zavitsanos & Mensing, told Law.com's Brenda Sapino Jeffreys, once large homegrown Texas firms matched the new Cravath scales, his firm needed to also make a move. "We are chasing the same law students," he said.
ON THE RADAR - Greenberg Traurig shareholder Daniel J. Tyukody and associate Alex Linhardt have stepped in to defend Binance, a Malta-based cryptocurrency exchange platform, and its CEO Changpeng Zhao in a pending securities class action. The suit, filed Oct. 2 in California Northern District Court by the Devlin Law Firm and Corexlegal, accuse Zhao of issuing statements that hastened the demise of FTX in order to remove a competitor and strengthen Binance's hold on the crypto market. The suit alleges that Zhao's actions violated federal securities laws and California's Unfair Competition Law. The case, assigned to U.S. District Judge Trina L. Thompson, is 3:23-cv-05038, Lahav v. Binance Holdings Limited et al. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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