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July 31, 2024 | Legaltech News

DecoverAI Raises $2M in Seed Funding, Seeking to Build 'Legal Brain'

DecoverAI, a Washington D.C.-based legal tech startup launched in 2024, looks to use AI to streamline legal processes and e-discovery workflows.
3 minute read
July 31, 2024 | Texas Lawyer

Investors Sue CrowdStrike in Class Action Suit

The lawsuit was filed by the Plymouth County Retirement Association, which is represented by New York-based Labaton Keller Sucharow.
2 minute read
July 31, 2024 | New York Law Journal

Fried Frank Legal Tech Director Speaks on Biggest AI Risks, Opportunities and Future Use

"The less experience you have, the harder it will be to make generative AI work for you," Fried Frank's Conan Hines said.
4 minute read
July 31, 2024 | Corporate Counsel

Legal-Ops Professionals Grapple With Power Struggles Among Legal Teams and AI Adoption

All 200 legal-operations professionals responding to a survey experienced tensions with their legal teams due to conflicting power dynamics and decision-making authority.
4 minute read
July 31, 2024 | Legaltech News

Settlers of Token: How to Draft Settlement Agreements When the Payment Is in Cryptocurrency

Entering into a settlement agreement where one party makes a payment denominated in cryptocurrency raises a host of questions that a careful lawyer must evaluate.
8 minute read
July 31, 2024 | The Recorder

Federal Ruling 'Sets Precedent' for 'Trap and Trace' Software Class Actions in Calif.

"It's the first case effectively saying that software on a website can violate the Trap and Trace Law," said Robert Tauler, an attorney at Los Angeles firm Tauler Smith, who is representing the plaintiff.
3 minute read
July 31, 2024 | Legaltech News

Syntheia Launches 'Fund Curator' Tool, the First in A Series of Applications

The Australian contract analysis company's new tool follows its broader market offering of turning documents into a database of terms and basic provisions.
3 minute read
July 30, 2024 | The American Lawyer

'Risk in AI': Law Firm Billing Will Need to Adapt

A new ABA ethics opinion touches on the ethics of billing for AI-supported work. The technology may force law firms to rely less on hourly billing.
6 minute read
July 30, 2024 | Corporate Counsel

CrowdStrike Glitch Highlights Risk of Single Point of Failure in Cybersecurity

Competition regulators took notice when a faulty software update from CrowdStrike, a major player in the cybersecurity industry, took down Windows systems all over the world. FTC Chair Lina Khan called it another example of "how concentration can create fragile systems."
7 minute read
July 30, 2024 | Daily Business Review

Settlement Dilemma in Data Breach Actions: Risk, Strategy, and Legal Insights

Companies are constantly under attack from hackers, as data breaches have become not a matter of if, but when a company will face them.
5 minute read