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Simpson Thacher & Bartlett LLP-led private equity giant Blackstone on Tuesday revealed that it is making a majority growth investment in network automation and artificial intelligence platform NetBrain Technologies, advised by McDermott Will & Emery LLP, in a deal that values the company at $750 million.
The legal industry's billing practices may soon undergo a seismic shift, as a survey of nearly 300 professionals highlights the growing influence of generative artificial intelligence, with many predicting the end of the billable hour's dominance.
Eversheds Sutherland is expanding its West Coast operations, announcing Tuesday it is opening a Silicon Valley office with Bradford Newman, a litigator from Baker McKenzie specializing in trade secrets and artificial intelligence, as its head.
A federal judge wants a New York attorney to explain himself after he potentially used artificial intelligence to write his response to an order she issued concerning his use of AI to write an earlier brief that cited nonexistent cases.
Contract management software provider ContractPodAi, which offers an automated legal assistant called Leah, announced a strategic partnership with Proxiio Global Solutions, an India-based alternative legal service provider specializing in contract and compliance work.
Professional services software company Billables AI, which has an AI platform for timekeeping, announced Monday the hiring of two former leaders at Clio and Consilio LLC to serve as its director of customer success and head of sales.
A handful of federal judges have issued orders or guidelines this year on the use of generative artificial intelligence in court filings as attorneys continue to get in trouble for submitting legal documents with fake case citations, according to a Law360 Pulse analysis.
Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.
The Judicial Council of California approved a policy Friday for rules and standards on the use of generative artificial intelligence for judges and court staff, with the chair of the council's AI task force saying the policy provides flexibility by allowing courts to either adopt the technology or ban it.
DocSolid, which provides digital mail room and records-scanning software for law firms, completed a large-scale, paper-to-digital transformation project at Perkins Coie LLP in partnership with Ricoh last month, encompassing over 2 million pages of active legal records.
London-headquartered law firm Mills & Reeve this week promoted one of its construction attorneys to a newly created role focused on artificial intelligence.
Two legal technology companies receiving strategic investments top this roundup of recent industry news.
This was another action-packed week for the legal industry as attorneys took on new roles and law firms expanded their reach. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Tom Martin, the CEO of automation company LawDroid, discusses a new app he developed with Sateesh Nori, an attorney who has long worked in housing advocacy, that generates demand letters for tenants seeking to recover security deposits.
A Florida federal judge on Thursday tossed four lawsuits that a disinfectant sprayer company brought against former executives and business associates after filings with fake legal citations produced by artificial intelligence were included in the record, saying the attorney who filed the documents violated duties owed to his clients.
Fourteen months after California Supreme Court Chief Justice Patricia Guerrero first convened a task force to study potential benefits and risks of using artificial intelligence in the court system, the Judicial Council of California is poised Friday to consider the proposed rules and standards the task force developed.
Robot Consulting Co. Ltd. made its debut on the Nasdaq Capital Market on Thursday, becoming one of the first legal technology companies to go public in nearly three years with an initial public offering aimed at raising $15 million.
A Connecticut state court judge has directed U.S. Bancorp and internet service provider NetSpeed to provide documentation to an attorney who is alleging his identity was stolen and used to open fraudulent bank accounts.
Miami-headquartered national law firm Zumpano Patricios is facing a proposed class action in Florida federal court accusing the firm of failing to protect sensitive information, including dates of birth and healthcare payments, that was compromised in a May data breach.
The lack of scientific educational backgrounds among federal judges is raising concerns among some experts about the courts' ability to handle technically complex questions in the wake of the U.S. Supreme Court's Loper Bright ruling, though others argue that judges are meant to be and should remain generalists.
Dye & Durham Ltd. has pushed back against whistleblower allegations by a company linked to its former CEO, asserting that the claims are an attempt to disrupt the company's ongoing turnaround efforts and distract its board of directors.
In-house and law firm leaders are finding many different ways to use legal and nonlegal generative artificial intelligence tools in their law practices, according to a panel hosted by contract management platform Ironclad.
Provable, a company focused on developing products for compliant, confidential payments and creating tools for developers to use on the Aleo blockchain, has added a former CoinList legal leader as its general counsel.
Connecticut Trial Firm LLC co-founder Andrew Garza may pursue a bill of discovery against internet service provider NetSpeed LLC as he tries to unmask the person he says stole his identity to open a bank account, a Connecticut state judge has ruled.
San Francisco-based legal tech startup Tavrn, which offers law firms an artificial intelligence platform to speed up document review, announced Tuesday the raising of $15 million in a Series A funding round led by Left Lane Capital.
Tools like ChatGPT can help students studying for the bar exam achieve their two main goals — mastering law concepts and topics, and then successfully applying them to the various question formats on the test — but there are still limitations to this technology, including incorrect answers, says Joseph Wilson at Studicata.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
Opinion
Attorneys Should Have An Ethical Duty To Advance DEINational and state bar associations are encouraging attorneys to apply diversity, equity and inclusion practices in the legal profession and beyond, and these associations should take it one step further by formally recognizing ethical duties for attorneys to promote DEI, which could better the legal profession and society, says Elena Mitchell at Moore & Van Allen.
Corporate counsel often turn to third-party vendors to manage spending challenges, and navigating this selection process can be difficult for both counsel and the vendor, but there are several ways corporate legal departments can make the entire process easier and beneficial for all parties involved, says David Cochran at QuisLex.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
The growing demand for analytical data within law firms and corporate law departments — from live case status updates to diversity reports — highlights the need for improvements in legal profession reporting, with increasingly granular industry-standard codes to describe legal tasks being key, says Kenneth Jones at Xerdict.
Legal technology has the potential to eliminate barriers for disabled attorneys navigating their careers and for disabled clients seeking access to justice, but to truly level the playing field, accessible technology must be designed with input from and empathy for the often-underrepresented communities it serves, say Lisa Mueller at Casimir Jones and attorney Haley Moss.
Despite strides made in the e-discovery industry, document reviews continue to be one of the most expensive line items for litigation, so law firms working with alternative legal service providers should consider key best practices, including providing clear protocol, having transparent deadlines, and more, says Phoebe Gebre at Integreon.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
As law firms turn to legal technology to help expedite case processing and other workflows, leaders must focus on creating a lean set of business tools and keep one eye on the future to plan their technology road map, says Simon Whitburn at Exterro.
Taking the time to learn which cybersecurity attacks could pose the most likely threat to your law firm is the first step to keeping sensitive data safe, protecting valuable client relationships and potentially saving millions of dollars in losses, says Daniel Klein at Cynet.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.