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Legaltech News

Demand for Contract Technology Remains Strong Despite Corporate Legal's Implementation Struggles

The State of Legal Technology report by Lexion found that in-house legal tech spending is growing this year, with many eyeing new contract and AI tools in the near future.
4 minute read

Connecticut Law Tribune

Stone Academy Plaintiffs Awarded $5 Million Prejudgment Remedy

Judge Barbara Bellis "rejected the testimony" of Joseph Bierbaum, former CEO and president of Stone Academy, and stated his testimony about the closure of the school was "false" and "in large part ... not credible."
3 minute read

New Jersey Law Journal

NJ Supreme Court Considers Arguments Over $26M Jury Verdict Against Valley Hospital

"I would just ask the court to take a step back, and look at what happened in this case, not as allegations, but what the jury heard and obviously agreed with," Peter G. Verniero of Sills Cummis & Gross said. "This is a semipublic institution that treated these doctors in a way that is unfair. That is clear from the jury's finding. And if this court were to reverse an unpublished opinion to somehow make a point on some technicality, it would be sending an awful message to all the parties in this case, to jurors, and to trial courts."
6 minute read

Daily Report Online

Discover Bank Sues Customer Over Defaulted Loan Agreement

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

Millions at Stake for Small Business in Review of 'Good Guy Guaranty'

The Court of Appeals granted leave to appeal in September. A date for arguments has yet to be scheduled.
5 minute read

Legaltech News

Genie AI Adds Clause-by-Clause Collaboration Capability to AI Legal Assistant

The AI-powered solution, marketed to in-house legal professionals and end-client businesses, is meant to cut down on the costs and time constraints of the back-and-forth required during document review and contract negotiations.
4 minute read

New York Law Journal

New Suit Alleges Tech Company Diverted Development Loan to Pay Own Executives

Investment firm Emissions Reduction Corp. alleges mCloud Technologies used a $15 million promissory note meant to scale the company to instead pay off loans and compensate executives.
2 minute read

Legaltech News

Epiq Acquires Digital Transformation Firm Mainspring, Seeking to Solve CLM Shortcomings

As the legal industry expresses mixed feelings and concerns about the implementation capabilities of their contract lifecycle management solutions, Epiq is hoping to beef up its CLM consultancy offering with its latest acquisition, Mainspring.
3 minute read

Daily Report Online

'Should Have Been Resolved Earlier': How This Plaintiff Got Almost Everything He Asked for in a $1M Bibb County Verdict

"We represent a single individual in his mid-60s who obviously was concerned about spending his entire retirement on the case and they are a multi-million dollar conglomerate of companies," said plaintiff's attorney Doug Kertscher.
5 minute read

Daily Report Online

Genuine Energy Sues Hapag-Lloyd for Allegedly Failing to Deliver Load

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

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