Wed.Nov 20, 2024

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How to Value a Law Firm: Key Insights and the Rule of Thumb

Clio

The valuation process for any type of business can be daunting, but law firms pose unique challenges. Nonetheless, you will need to understand law firm valuation if you want to sell your practice, or if you want to acquire another firm. Here we review some of the basics of how to value a law firm, such as different approaches and the law firm valuation rule of thumb.

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Building a Future-Ready Online Presence with Rocket Matter Websites

Rocket Matter

Have you ever heard of the term "secret sauce"? No, we aren't referring to the mystery liquid your favorite fast food chain splashes on their fries. (We are hungry now, though.) Every industry seemingly has their own sauce, but why is it always a secret? Building an online presence in the legal industry is challenging as it is. "Be yourself, but don't be so much of yourself that you scare everyone away.

professionals

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Ohio Joins Georgia in Prohibiting NCAA from Taking NIL-Related “Adverse Action”

Pillsbury Law Internet and Technology blog

We recently discussed a number of updates in the world of name, image and likeness (NIL) rights. Among those recent developments was the signing by Georgia Governor Brian Kemp of an executive order that, inter alia , prohibited the NCAA and athletic conferences from taking “adverse action” against Georgia schools for directly compensating their athletes for NIL.

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Panoram’s Project Orange Shows What GenAI Can Deliver

Artificial Lawyer

Panoram, a legal tech-focused advisory group created by former Neota Logic execs Greg Wildisen and Rick Seabrook, recently conducted a large-scale data breach project for.

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No Objections: Better Case Management with AI for Paralegals

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Join this session to get a fresh look at how AI tools can help you work smarter, faster, and more effectively! Attorney and law professor Joe Stephens, J.D., will walk you through the complete journey of a legal case—from the first client meeting through the final outcome—while showing you how artificial intelligence can transform your daily work at each important step.

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Lexis+AI Launches Mobile App Meeting Legal Professionals Where They Are

Above the Law - Technology

The focus on AI usability continues. The post Lexis+AI Launches Mobile App Meeting Legal Professionals Where They Are appeared first on Above the Law.

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Theo AI Raises $2.2m For Litigation Outcome Prediction

Artificial Lawyer

I predict… that litigation funders will be very interested in this one. Theo Ai is a new genAI startup out of the US that says it’s ‘the first predictive AI platform for litigation’.

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Webinar: Innovation Strategy in the Age of GenAI – Thurs 21

Artificial Lawyer

Just a quick reminder that the webinar ‘Developing An Innovation Strategy in the Age of GenAI’ is on this Thursday, Nov 21, 5:30PM GMT, (12:30 EST USA).

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Patent Portfolio Inflation: What It Is, The Challenges, And How To Deal With It [Sponsored]

Above the Law - Technology

Download our checklist and keep this problem at bay. The post Patent Portfolio Inflation: What It Is, The Challenges, And How To Deal With It appeared first on Above the Law.

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TR’s CoCounsel Drafting Launches For UK Lawyers

Artificial Lawyer

Thomson Reuters (TR) is rolling out its genAI-driven CoCounsel for Drafting capability in the UK, after earlier launching in the US. The offering has been.

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Aderant’s SaaS Platforms Achieve SOC 2 Type 2 Certification with Zero Exceptions

Legal IT Professionals

Law firm clients require the best in data security, availability and confidentiality. Addressing these critical needs, leading global business management software provider Aderant ® has announced its successful completion of SOC 2 ® Type 2 audits for both its Expert Sierra and vi by Aderant SaaS platforms. Zero exceptions were noted in the audit reports.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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LawNext: How Gen AI Can Be A Game-Changer for Discovery and Litigation, with Everlaw CEO AJ Shankar

LawSites

Recently, the Everlaw Summit, the annual customer conference of the e-discovery company Everlaw, convened in San Francisco. In his keynote address there, cofounder and CEO AJ Shankar announced the general availability, after a year of beta testing, of a suite of generative AI features for reviewing, coding and analyzing documents in discovery and litigation prep.

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AI Skills Development to Shape the Future of Africa’s Legal Landscape

Legal IT Professionals

The global legal industry is on the cusp of a revolution, driven by artificial intelligence (AI) innovations poised to transform how legal services are delivered and consumed. AI-led advancements, projected to grow over 30% by 2031 (2024-2031 Global LegalTech AI Report), are reshaping everything from legal research to contract analysis and compliance monitoring.

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Lexis Releases Mobile App for Its Lexis+ AI Legal Research Platform

LawSites

A year after releasing Lexis+ AI, its generative AI legal research platform, to general availability, LexisNexis Legal & Professional today announced the release of a companion app for the U.S. market, the Lexis+ AI Mobile App, which is now available for download in both the Apple App Store and Google Play.

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Particle Physics to Practical Generative AI: An Interview with Benjamin Sexton

Relativity

His influential knowledge sharing about generative AI is, without doubt, one of the reasons Ben Sexton earned the 2024 Relativity Innovation Award for Artificial Intelligence. We interviewed him to learn even more about his experiences with the technology.

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Prep with Purpose: How to Build Better Trial Binders

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Get ready to master the art and science of trial preparation organization that top attorneys rely on in this exclusive webinar! Attorney and law professor, Joe Stephens, J.D., will walk through proven systems for creating comprehensive trial notebooks and binders that transform scattered case materials into a powerful command center. Learning Objectives: Strategic Organization 📊 Learn the essential sections every trial notebook needs and how to structure them for maximum clarity and acce

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How It Works: A Demonstration of MyCase Accounting Software

LawSites

This week on How it Works, we have a walkthrough of MyCase Accounting software, presented to me by Sales Engineering Manager Lindsay Bushong. MyCase Legal Accounting, in their words, “is easy-to-use accounting software built seamlessly into the MyCase practice management platform to meet the unique business needs of law firms.

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Beyond Billable Hours: Flatiron's Conrad Everhard on a Fixed-Fee and Tech Based Approach to M&A

Technically Legal

Conrad Everhard, founder of Flatiron Law Group discusses his career trajectory from Georgetown University to becoming a partner at Big Law firms Jones Day and Brian Cave. He explains why he left BigLaw to found Flatiron Law Group, to provide a more cost effective and efficient way to offer legal services to clients involved in mergers and acquisitions.

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Section 230 Applies to Gamer’s Complaints About Griefing–Haymore v. Amazon

Eric Goldman

This is a pro se/in pro per lawsuit. Andrew Grant Haymore played the MMORPG “ New World ” and used the New World discord server, from which he was banned. He alleges the ban diminished his investment of 10k hours and $1,700 into the game. He sued Amazon for $7B in compensatory damages and $70B in punitive damages. He doesn’t get a dime.

Court 101
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Beyond Billable Hours: Flatiron's Conrad Everhard on a Fixed-Fee and Tech Based Approach to M&A

Technically Legal

Conrad Everhard, founder of Flatiron Law Group discusses his career trajectory from Georgetown University to becoming a partner at Big Law firms Jones Day and Brian Cave. He explains why he left BigLaw to found Flatiron Law Group, to provide a more cost effective and efficient way to offer legal services to clients involved in mergers and acquisitions.

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The Tech-Savvy Paralegals Playbook: How To Leverage AI

Speaker: Allison Mears, Adela Wekselblatt, and George Socha

Artificial intelligence is reshaping the legal industry, and paralegals are at the forefront of this transformation. As AI becomes more integrated into legal workflows, paralegals can streamline their daily tasks, enhance efficiency, and add greater value to their firms and organizations. But what exactly does AI mean for paralegals today—and how can you leverage it to your advantage?