Credit: T. Schneider/Shutterstock.com LegalZoom Grows Awareness With NBA Charity Partnership. But Can DIY Tech Really Go Mainstream?
Community-minded endeavors may be able to help legal DIY providers broaden their existing market share, but corporate clients' prevailing lack of confidence in automation could make it difficult to move upstream.
October 25, 2021 at 11:00 AM
4 minute read
Charitable or community-minded partnership may help to garner do-it-yourself tech products some welcome publicity, or even help to build on their core user demographic. But when it comes to actually pushing those solutions into the mainstream waters of corporate clients, such promotions may do little to address the resistance and trust issues standing in the way of DIY tech's broader growth.
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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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