Tue.Jun 20, 2023

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Artificial Intelligence For Law Firms: A Practical And Tactical Guide [Sponsored]

Above the Law - Technology

The legal profession stands on the brink of an AI-driven evolution. This comprehensive primer will bring any lawyer up to speed. The post Artificial Intelligence For Law Firms: A Practical And Tactical Guide appeared first on Above the Law.

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The Rising Cost of Legal Services: Insights from 10 Years of Data from CounselLink’s Kristina Satkunas

3 Geeks and a Law Blog

Our guest this week is ⁠ Kristina Satkunas ⁠ , Director of Analytic Consulting at LexisNexis. Kristina discusses the recently released LexisNexis CounselLink Enterprise Legal Management Trends Report for 2023. This annual report provides insights and benchmarks on key metrics related to corporate legal spending and outside counsel relationships. The 2023 report found that law firm hourly rates increased 4.5% over the past year, the highest year-over-year increase in the 10 years LexisNexis has p

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Apps Could Help Move AI Into the Mainstream

Kevin O'Keefe

Remember how apps made the iPhone immensely popular? The same thing is likely to happen with AI. While a majority of U.S. adults have heard of ChatGPT, only 14% have tried it, according to Pew Research. This does not AI will be a passing fad, per The Wall Street Journal’s Cordilia James. Apps will make AI services more accessible and more popular. The Journal has compiled a list of easy-to-try AI apps and websites in various categories to give you a taste of what’s coming.

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How to Future-Proof Your Law Firm

Attorney at Work

Wendy Merrill | Curiosity is the secret sauce to effective law firm leadership and sound client advocacy. The post How to Future-Proof Your Law Firm appeared first on Attorney at Work.

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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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Time Management Tips For Lawyers: Boosting Productivity In The Digital Age

CaseFox

Time-Management-Tips-For-Lawyers-Boosting-Productivity-In-The-Digital-Age-1 Are you a lawyer looking for a get more billable hour, if the answer is yes? Then you have to build a critical skill in time management. Time management for lawyers can increase productivity and help them succeed. In this fast-paced world of legal industry, lawyers may find it challenging to balance work and personal life.

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Case Study: Complete Profile Plus Helps Law Firm in Texas & Arkansas

Martindale-Avvo

Nearly every person in search of legal services turns to the internet, and most potential clients can find attorneys via our newest service, Complete Profile Plus. Carefully created based on feedback from attorneys, consumer insights, and leveraging our vast expertise in the legal space, Complete Profile Plus simply helps lawyers increase their online visibility four-fold.

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Manage, automate, & control your invoice process with Invoice Validation Rules

Simple Legal

Take your invoicing process to the next level with billing guidelines – they’re the key to financial accountability and control over legal spend. Ensure invoices from legal vendors meet your standards and are quickly reviewed by in-house counsel – don’t settle for subpar enforcement with limited options when violations happen. It’s time to empower your team with powerful solutions tailored to your needs!

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Legal Spend Management: Help Your Law Firms Help You | Xakia Blog

Xakia

With external resources accounting for about half of the average Legal Department spend , it’s critical that law firms manage matter budgets and follow billing guidelines.

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Level-up collaboration and conquer tasks with SimpleLegal!

Simple Legal

In today’s fast-paced in-house legal landscape, effective collaboration and efficient task management are paramount for success. Without a streamlined system in place, legal teams often experience missed deadlines, overwhelmed team members, and compromised outcomes. That’s why we’re thrilled to announce the launch of SimpleLegal’s task management functionality, designed to empower legal teams to achieve more.

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FCC Announces Creation of Privacy and Data Protection Task Force

Inside Privacy

Last week, FCC Chairwoman Jessica Rosenworcel announced the creation of a new Privacy and Data Protection Task Force (the “Task Force”) to demonstrate the agency’s commitment to protecting consumer data and ensuring that the telecommunications industry remains secure from threat actors. The Task Force will be led by Enforcement Bureau Chief Loyaan Egal and include staff with enforcement, data breach, equipment authorization, and undersea cable experience.

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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Dealcloser announces US$2.5m investment as it eyes expansion

Legal IT Insiders

North American-headquartered transaction management hub Dealcloser will today (20 June) announce a USD $2.5m funding round, co-led by existing investor Bryce Catalyst and with new participation from early and growth stage US investor Fernwood … Dealcloser announces US$2.5m investment as it eyes expansion Read More » The post Dealcloser announces US$2.5m investment as it eyes expansion appeared first on Legal IT Insider.

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Microsoft Loop and Legal Discovery: What to Know Now

Legal Tech Monitor

Microsoft Loop, a new web and mobile co-creation app in Microsoft 365 that offers interactive components for team collaboration, will create new challenges for managing and collecting data for discovery purposes.

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On LawNext: Novus Law Cofounder Ray Bayley On Using Process Management And Tech To Find The Story In Legal Matters

LawSites

Every great trial lawyer will tell you that the key to success in litigation is finding the story in a case. But when a case involves mountains of digital evidence, finding that story isn’t always easy or economical. That’s the problem the global legal services firm Novus Law aims to address. Marking its 20th anniversary this year, Novus Law uses an award-winning process, derived from lean manufacturing principles, to find and document the story in litigation and investigations, and to do it mor

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Dealcloser announces US$2.5m investment as it eyes expansion

Legal Tech Monitor

North American-headquartered transaction management hub Dealcloser will today (20 June) announce a USD $2.5m funding round, co-led by existing investor Bryce Catalyst and with new participation from early and growth stage US investor Fernwood. Dealcloser announces US$2.5m investment as it eyes expansion Read More » The post Dealcloser announces US$2.5m investment as it eyes expansion appeared first on Legal IT Insider.

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Doing More, Differently: How In-House Legal Teams Overcome Resource Strain, Embrace Tech, and Navigate Risk

Relativity

Explore some of best advice coming out of CLOC's CGI 2023, along with the latest research into how corporate legal teams can advance despite the challenging environment we find ourselves in today.

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How Vendors and Clients Can Bridge the Divide Over How AI Applies to CLM

Legal Tech Monitor

Training AI is an aspect of implementation that vendors need to discuss more with their prospects during sales calls—and one that prospects must educate themselves better on to make more informed CLM purchase decisions.

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The EU’s Proposed Artificial Intelligence Law Enters Final Stage

Pillsbury Law Internet and Technology blog

The European Union (EU) has made steady progress in shaping its proposed AI law, known as the “AI Act.” With the European Parliament approving its preferred version , the AI Act has now entered the final stage of the legislative process (a three-way negotiation, known as “trilogue”). The aim is to agree to a final version of the law by the end of 2023.

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Make Your Legal Department More Visible And Valued

Legal Tech Monitor

Consider how executives, department leaders, and employees feel about your legal department. The post Make Your Legal Department More Visible And Valued appeared first on Above the Law.

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Doing More, Differently: How In-House Legal Teams Overcome Resource Strain, Embrace Tech, and Navigate Risk

Relativity

Explore some of best advice coming out of CLOC's CGI 2023, along with the latest research into how corporate legal teams can advance despite the challenging environment we find ourselves in today.

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Success of Online JD Programs Varies by Demographic, Says New AccessLex, Gallup Report

Legal Tech Monitor

The AccessLex Institute and Gallup released Tuesday indicates that part-time students, caregivers, students ages 30 and older and those attending tier-four (T4) ranked law schools were most receptive to online J.D. courses and reported more favorable experiences compared to their counterparts.

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FTC Enters Consent Decree with Direct-to-Consumer Genetic Testing Company On Heels of Other Significant Health and Genetic Privacy Developments

Inside Privacy

On Friday, the FTC announced that was entering a consent decree with 1Health.io Inc., which also does business as Vitagene, Inc. This is the fourth health-related FTC enforcement action announced this year (see here and here ). In addition, it comes on the heels of Virginia , Montana, and, as recently as last week, Texas joining California, Utah, and Arizona in adopting legislation specifically regulating the privacy practices of direct-to-consumer genetic testing companies.

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'No Way to Get This Right': Why Law Firms Are Getting Pushback on Office Returns

Legal Tech Monitor

In the second part of Legal Speak’s conversation with Ira Coleman, chairman of McDermott Will & Emery, about returning to the office, Coleman takes the position of an associate trying to convince a managing partner to loosen up on the firm’s attendance policy.

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Can I Write Off Dinner with My Spouse?

Law Technology Today

The fastest way to get yourself in trouble when it comes to your taxes; is to take tax advice without considering the important factors. In this video we dive into a popular question that solo law firm owners ask quite often; “Can I write off dinner with my spouse as a business expense?” The truth is the answer to this question is not always a simple yes so take 3 minutes to check out this conversation so you can make a more informed decision and avoid setting yourself up for unnecessary tax tro

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Illinois Attorneys N–Z: Need Free CLE Before the June 30 Completion Deadline? 

Legal Tech Monitor

Illinois attorneys with last names beginning N–Z: have you completed your CLE hours ahead of the June 30 deadline? If not, the Commission on Professionalism offers free CLE that is approved for professional responsibility (PR) CLE credit in Illinois. MCLE requirements for the 2021-2023 reporting period are 30 hours of approved Illinois MCLE credit, including at least six professional responsibility (PR) hours.

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Take advantage of automation – If you got it, flaunt it, with eDiscovery!

OpenText

We are busy professionals who don’t always have time to learn every new feature that comes around. I get it. I really do. I can’t tell you how many times I get lost writing a Word document because I can no longer find that drop down option – you know the one! – all because … The post Take advantage of automation – If you got it, flaunt it, with eDiscovery!

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The Rising Cost of Legal Services: Insights from 10 Years of Data from CounselLink’s Kristina Satkunas

Legal Tech Monitor

Our guest this week is ⁠ Kristina Satkunas ⁠ , Director of Analytic Consulting at LexisNexis. Kristina discusses the recently released LexisNexis CounselLink Enterprise Legal Management Trends Report for 2023. This annual report provides insights and benchmarks on key metrics related to corporate legal spending and outside counsel relationships. The 2023 report found that law firm hourly rates increased 4.5% over the past year, the highest year-over-year increase in the 10 years LexisNexis has p

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Bim Dave

Colin S. Levy

Bim Dave is an experienced legal tech leader, with 20 years experience in the legal software arena that spans technical support, support team management and global technical services delivery strategy and execution. He is technically focused, driven by quality and customer satisfaction and able to bring global teams together. Tell me a little about your background and how you ended up doing what you do now.

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E-Discovery Lesson in Danny Masterson Trial: Spoken Orders Are Orders Nonetheless

Legal Tech Monitor

Most judges in criminal and civil cases are unlikely to issue a written protective order for every bit of discovery, so claiming an order isn’t an order unless written won’t get attorneys too far.

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Time Management Tips For Lawyers: Boosting Productivity In The Digital Age

CaseFox

Time-Management-Tips-For-Lawyers-Boosting-Productivity-In-The-Digital-Age-1 Are you a lawyer looking for a get more billable hour, if the answer is yes? Then you have to build a critical skill in time management. Time management for lawyers can increase productivity and help them succeed. In this fast-paced world of legal industry, lawyers may find it challenging to balance work and personal life.

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New Wilson Sonsini Data Privacy Partner: 'Regulatory Tsunami' Coming to EU

Legal Tech Monitor

Legaltech News caught up with Yann Padova, Wilson Sonsini Goodrich & Rosati’s newest member of the firm’s privacy and cybersecurity practice in Brussels, to discuss how the GDPR has evolved in its five years in action, and what areas are likely on regulators’ radars going forward.

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FTC orders protection of DNA data privacy, what about OCR’s oversight?

Vogel IT Law

HealthcareInfoSecurity.com reported that “A consumer genetic testing company must ensure the destruction of customer saliva samples and undergo third-party evaluation of its information security program for the next two decades under a proposed consent order with the U.S. Federal Trade Commission.” The June 16, 2023 article entitled “FTC Orders 1Health.io to Improve DNA Data Privacy, Security” ( [link] ) included these comments: California firm 1Health.io, previously known as Vitagene, also com

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On LawNext: Novus Law Cofounder Ray Bayley On Using Process Management And Tech To Find The Story In Legal Matters

Legal Tech Monitor

Every great trial lawyer will tell you that the key to success in litigation is finding the story in a case. But when a case involves mountains of digital evidence, finding that story isn’t always easy or economical. That’s the problem the global legal services firm Novus Law aims to address. Marking its 20th anniversary this year, Novus Law uses an award-winning process, derived from lean manufacturing principles, to find and document the story in litigation and investigations, and to do it mor

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Exploring Generative AI from the Floor of the CLOC Global Institute

NSLT

Tools like generative AI already have real-world implications in the legal profession. In our previous post, we covered discussions at the Corporate Legal Operations Consortium (CLOC) Global Institute around the disruptive potential of generative AI, and how it will affect the way legal teams scale their services. Here, we review sessions at the conference around active use cases and immediate steps professionals can take to learn more about the technology.

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AI-Powered Deposition Startup Parrot Raises $11 Million

Legal Tech Monitor

Parrot is the second legal tech startup focused on modernizing depositions to close a funding round this year.

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Nextpoint Expands Internationally with New Office in Bangalore, India

Nextpoint

Nextpoint continues to expand its suite of legal technology with a new team of software developers based in Bangalore, India.