Legal Web Site Avvo Raises $10M
Internet legal service startup Avvo Inc. raised $10 million in a second round of venture capital, moving the company a step closer to a summer launch. Avvo's founder saw a need for independent legal info, and thought Web business models had evolved enough to make a legal site viable.IBM Takes MRO Software for $740 Million
With Hewlett-Packard�s big-ticket Mercury deal still fresh, IBM has further geared up the business software market. The company unveiled plans Thursday to buy enterprise asset-management software vendor MRO for $740 million, its second purchase this week.Capping a Busy Year, Litera Signs Up Three Law Firm Clients
McLeansville, N.C.-based Litera capped off a busy year by announcing three new law firm customers for its major product offerings. Litera's products focus on lifecycle management, workflow, and client data protection.A Busy Winter for Employment Changes
The past two months have been busy ones for new legal tech hires at law firms and technology companies. We have also witnessed the birth of a new forensics company, helmed by an industry veteran. ... [MORE]Business Intelligence: 'The Long Tail' Wags Legal Minds
In his book, "The Long Tail," Chris Anderson predicts niche markets ("selling less of more") and niche knowledge (e.g., Wikipedia) will be dominant forces in business and society. Read our experts' predictions of how the trend will manifest in the legal industry -- and legal technology.The Practice of Law in the Era of 'Big Data'
"Big Data," a name for new data-analysis technologies as well as a movement to develop real-world uses for these capabilities, holds big promise. With regard to the practice of law, the impact of these technologies on electronic discovery is likely the first practical application that comes to mind. But its analytical power also raises big concerns.The Trouble With Antitrust Compliance and 10 Ways to Fix It
Does your company's antitrust compliance program make the grade? Since the DOJ seems short on guidance, antitrust lawyer Theodore Banks outlines 10 steps to put a company on the path to compliance.N.Y. Chief Judge: Open Courts to Cameras Again
The state's top judge says advances in technology make it more important than ever to open courtrooms to cameras so New Yorkers can see for themselves how justice works.Trending Stories
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