Raja Sengupta, executive vice president and general manager of Enterprise Legal Management (ELM) Solutions at Wolters Kluwer. Courtesy photo In Downturn, Data Mapping, Integration Talent Will Be in High Demand
Raja Sengupta, executive vice president and general manager of Enterprise Legal Management (ELM) Solutions at Wolters Kluwer, believes those with data mapping skills will see more opportunities in the near future, while market for data scientists will cool.
November 30, 2022 at 04:22 PM
5 minute read
Legal Services
A potential economic downturn on the horizon is likely to have an uneven impact on the legal tech market. On one hand, some legal tech tools and services will find themselves at the mercy of budget cuts at law firms and legal departments. On the other, many legal teams are looking to another set of tools and services to help them gain the cost efficiencies to survive any potential recession.
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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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