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August 22, 2024 | Legaltech News

Richard Susskind, Now Special Envoy for Justice and AI, Talks AI's Role in A2J

"The biggest competitor for law firms in the future, I say, is AI-empowered clients," said Richard Susskind, as he takes on his new role as special envoy for justice and artificial intelligence to the Commonwealth.
6 minute read
August 22, 2024 | Corporate Counsel

2024 Ransomware Payments Poised to Shatter Record, as Gangs Target 'Big Game'

A midyear report by blockchain analysis firm Chainalysis projects the total paid this year will soar past $1 billion again, even though fewer victims are paying. 
2 minute read
August 22, 2024 | New Jersey Law Journal

Binance Sued After $30 Million in Crypto Stolen and Allegedly Laundered on Platform

The plaintiff alleged five causes of action, including RICO, through what he characterized as the "Binance crypto-wash enterprise."
3 minute read
August 22, 2024 | The Recorder

Writers Sue Anthropic for Allegedly Stealing 'Hundreds of Thousands' of Books to Train AI Models

The complaint, filed on Monday in the Northern District of California, accuses the San Francisco-based company of illegally downloading and copying pirated versions of the material to feed to its large language models, which are designed to simulate human communication and generate predictive written responses to prompts by algorithmically processing the datasets they ingest.
3 minute read
August 22, 2024 | Legaltech News

Spellbook Launches 'Spellbook Associate,' a Legal AI Agent for Transactions

The generative AI-powered agent is geared toward transactional work, and is offered free of cost to existing Spellbook users, as of now.
4 minute read
August 21, 2024 | Legaltech News

Thomson Reuters Acquires UK Startup Safe Sign Technologies, Developer of Legal-Specific LLMs

Founded by a current trainee solicitor at A&O Shearman, Safe Sign is the second major generative AI acquisition for Thomson Reuters, following on the company's acquisition of Casetext for $650 million in cash in 2023.
4 minute read
August 20, 2024 | Legaltech News

Enhancing Data Security Practices: A Guide for Legal Professionals

There are solutions available that improve productivity and keep your organization safe by enhancing security within existing workflows.
4 minute read
August 20, 2024 | Legaltech News

Legal Tech Industry Vets Launch New Marketing Comms Firm Limelight

Former journalists and marketing professionals Kenneth Gary and Erin Harrison look to leverage their years of experience at the intersection of law, business and technology to offer bespoke communications programs beyond PR for clients, founded in innovation and efficiency.
4 minute read
August 20, 2024 | The American Lawyer

New York-Based Clifford Chance Partner Missing in Mike Lynch Yacht Disaster

Christopher Morvillo, a former SDNY assistant prosecutor, was among the 22 people reported missing, according to national reports, alongside his wife.
3 minute read
August 19, 2024 | Legaltech News

CARET Loses CEO, CRO and VP After HotDocs Sale

The layoffs took place "five to six weeks ago," according to a source with knowledge of the matter.
2 minute read