Photo: TierneyMJ/Shutterstock Will Future Legal Departments Spend More on Tech, Less on Lawyers?
"We're reaching a point where there's going to have to be a much more dramatic investment in legal technology," said Zack Hutto, director of advisory in Gartner's legal and compliance practice.
February 10, 2021 at 02:35 PM
4 minute read
Legal departments are expected to begin shelling out serious money on technology, while shedding generalist in-house lawyers as a way to cope with bigger workloads, hiring freezes, and more demands for efficiency and cost cutting, according to a forward-looking report from Gartner Inc.
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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.
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