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Corporate Counsel

Top 10 Legal Department Budget, Staffing and Spending Trends in 2023

After emerging from the COVID era, organizations must now contend with a "triple squeeze" of compounding pressures in 2023 consisting of high inflation, scarce and expensive talent, and global supply challenges. In this article we share 10 key insights - grouped into four broad categories - that GCs must take into consideration as they make spending, staffing, and structure decisions.
5 minute read

Legaltech News

'Don't Do That': Four Lessons From Recent E-Discovery Cases

During the "Important eDiscovery Case Law Decisions for June 2023" webinar on Tuesday hosted by EDRM, panelists highlighted some of the key takeaways from recent e-discovery cases.
6 minute read

Legaltech News

AI Startup DraftWise Raises $5M, With Help From Orrick Herrington & Sutcliffe

DraftWise is the third legal tech startup that leverages generative AI to secure investment just over the past four weeks.
2 minute read

International Edition

Law Firms Suspect ChatGPT Being Used to Write Training Contract Applications

There is growing evidence that generative AI is being used to write applications—sparking a debate across the UK legal sector about the pros and cons.
3 minute read

Corporate Counsel

Digital Risk Management in the Wake of Business Disruption and Technology Acceleration

It feels as though a decade's worth of change has happened over the past three years across technology advancement, business strategy, leadership, regulation, the economy and more. This change is so rapid and so prevalent that innovation is now consistently arriving before the rules, best practices or governance controls needed to manage related risks.
5 minute read

Legaltech News

Turbocharged by Election Season, Deepfakes May Soon Face Legal Reckonings

Deepfakes are likely to become more widespread as the 2024 election nears, creating confusing and more frequent defamation claims, and potentially more regulations.
5 minute read

Legaltech News

Trust but Verify: Legal Lessons From ChatGPT's First Sanctions

AI is powerful, but not an easy button you can set and forget. As humans with legal skills, we have an obligation to trust the technology, but verify the output.
7 minute read

Legaltech News

Patented.ai Launches Free Personal Access to LLM Shield Amid $4M in Pre-Seed Funding From Cooley LLP, Others

The large pre-seed funding round for the tool that blocks ChatGPT from accessing sensitive legal information was led by Steve Anderson of Baseline Ventures, and counts law firm Cooley LLP among its investors.
4 minute read

Legaltech News

Generative AI Contract Platform Spellbook Launches Free AI Access Program for Law Schools

A handful of law schools across the world have already begun using Spellbook's platform as part of its AI Access Program.
3 minute read

Legaltech News

Lexis+ Rolls Out 'Agreement Analysis' to Speed Up M&A Negotiations

The new Lexis+ solution seeks to go beyond simple searches for alternate clauses in merger and acquisition contracts.
4 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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