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Latest Stories

July 23, 2024 | Legaltech News

Clio Raises $900M Series F to Reach $3B Valuation With Help From New Investors

The practice management software provider will leverage its latest funding round, which saw participation from Goldman Sachs, to accelerate its growth and product innovation, with plans for a new AI platform in the works.
11 minute read
July 23, 2024 | The Recorder

Los Angeles Courts Reopen After Ransomware Attack Leads to 1-Day Closure

Court officials say the court will have "limited functionality" as IT professionals work to restore network services disrupted in the hack.
3 minute read
July 22, 2024 | The Recorder

'Is This in Fact Real or Not?' 9th Circuit Conference Delves Into AI Issues in Federal Courts

Even as generative artificial intelligence horror stories abound in the legal world, experts urged judges not to entirely discount its potential benefits.
3 minute read
July 22, 2024 | Legaltech News

Thomson Reuters Launches Claims Explorer, Newest Gen AI Skill in Westlaw Precision with CoCounsel

The latest addition to CoCounsel is designed to enable law firm and in-house professionals to more quickly and accurately identify potential claims and counterclaims applicable to the facts of their case and better understand potential liability before lawsuits are filed.
3 minute read
July 22, 2024 | Law.com

Could There Be Class Actions Over CrowdStrike's Global Tech Outage?

Law firms are investigating potential lawsuits to come out of CloudStrike's global tech outage, but there may be limits on who can recover damages.
4 minute read
July 22, 2024 | The American Lawyer

Former Wells Fargo, Bank of America Legal COO Tapped as McGuireWoods AI Leader

Thomas Trujillo takes the role of chief innovation and AI officer from Peter Geovanes, who is leaving the firm less than a year after joining for the newly created job.
3 minute read
July 22, 2024 | Texas Lawyer

New AI Legal Ethics Rules Coming: Texas State Bar Drafting Recommendations on Artificial Intelligence

The 2023 state bar president, Cindy Tisdale, mandated the project last summer and the taskforce's interim report was submitted to the Committee on Disciplinary Rules and Referenda.
4 minute read
July 22, 2024 | The American Lawyer

The AI Pricing Dilemma: Where Client Value and Firm Profitability Intersect

When you replace your engine (junior lawyers billing hours) with an electric motor (gen AI), your service department isn't making money like it used to.
11 minute read
July 22, 2024 | Legaltech News

IT Organizations, Are You Ready for Generative AI?

Are IT departments in law firms and legal departments organizationally and technologically ready? Looking in the IT organizational mirror is a difficult exercise, but it's even more necessary than ever before to ensure firms are not just treading water.
4 minute read
July 22, 2024 | Legaltech News

Lexis Announces Updates to Gen AI Platform Lexis+ AI, Upgrading Research and Drafting Capabilities

The updates bring Shepard's Citations Service, and a number of other Shepard's capabilities, into Lexis+ AI.
3 minute read