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As more law schools look to get ahead of the curve on artificial intelligence, the Sandra Day O'Connor College of Law at Arizona State University announced Monday that it has established an AI and Legal Tech Studio under the leadership of the University of Oklahoma College of Law's former director of Technology Innovation.
As BigLaw firms continue to post record-breaking revenues, we're highlighting the firms that reported more than $1 billion in gross revenue in the most recent calendar year.
The law firm market has undergone unprecedented change in recent years, allowing for more upward mobility for some firms yet presenting risks for the longtime stalwarts of prestige. Here's how law firms navigate those shifting dynamics.
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
Clients gravitate towards firms with sterling reputations, and so does exceptional legal talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
Software contract company LegalOn Technologies announced Tuesday its first acquisition since launching in 2017, purchasing Fides Technology, a governance artificial intelligence company backed by Sequoia Capital.
The Florida Supreme Court on Thursday issued new cybersecurity standards across the state's court system, including the establishment of a committee that will oversee governance of the policy in the judicial branch.
A Connecticut personal injury firm and its former client have reached a joint stipulation of dismissal in a federal court dispute over the firm's hacked email system and a fraudulent email that resulted in the wiring of nearly $730,000 in closing costs on a residential property.
Legal technology company Dye & Durham said Monday it brought a lawsuit against its former chief executive and his investment vehicle in a Canadian court to enforce the terms of a previously announced settlement resolving a longstanding dispute.
This week across higher education, a legal tech company hopes to have more lawyers from Pacific Northwest legal deserts through a partnership with Seattle University, an artificial intelligence startup will offer its software to law students in South Carolina, Columbia University will name a newly renovated library after an alum who made a $15 million donation, and Cardozo School of Law will transform its clinic hub in Manhattan through a $6 million donation from a graduate.
A St. Louis federal court is weighing whether to sanction Liberty Mutual Personal Insurance Company's lawyers after they submitted a motion containing citation errors and then, after a warning, "somehow" submitted a second motion with the same types of mistakes.
The legal technology and artificial intelligence company Litera opened a location in New Jersey this week at the Bell Works office campus in Holmdel, in a push to expand operations and drive more in-person work.
Two legal technology companies expanded leadership teams with new appointments this week.
Generative artificial intelligence is helping smaller class action firms gain an edge over well-monied BigLaw competitors, but litigation attorneys say the advantages come with several catches.
This was another action-packed week for the legal industry as law firms expanded their operations and hired C-suite executives. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Law firms are using "creative ways" to fund their business operations under existing legal regulations, David Perla, vice chair at financial services company Burford Capital, said during a panel at the Chicago Athletic Association.
London-based law firm Macfarlanes LLP announced on Wednesday the hiring of Mayer Brown LLP's former head of innovation in Europe to lead its software-developing lawtech department.
Human resources and payroll platform Deel, advised by Orrick Herrington & Sutcliffe LLP, on Thursday revealed that it hit a $17.3 billion valuation after closing its latest funding round with $300 million in investor commitments.
A startup with an artificial intelligence-based document intelligence platform that serves enterprise teams and legal technology startups announced that it raised a $75 million Series B funding round.
California-based law firm Musick Peeler & Garrett LLP announced on Tuesday the hiring of a former project manager at Freeman Mathis & Gary LLP in a newly-created role as head of legal technology and e-discovery.
Broadfield revealed Thursday that it selected the legal platform Harvey to power its technology-services delivery model, becoming the latest law firm to adopt the growing artificial intelligence tool.
E-discovery software provider Reveal has announced that its founder and chief executive, Wendell Jisa, would transition into the role of board chairman.
After the defense pointed to ongoing discussions that could lead to a "resolution," a Connecticut federal judge has agreed to stretch a deadline for Brown Paindiris & Scott LLP to respond to a proposed class action complaint that accuses the law firm of waiting more than a year to notify clients of a 2023 data breach.
Phelps Dunbar LLP announced Wednesday the hiring of a longtime consultant in information technology and now artificial intelligence to serve as its first chief information officer.
San Francisco-based Finch Legal Inc., which offers a prelitigation operations platform for personal injury law firms, announced Wednesday the raising of a $20 million Series A funding round with the aim of expanding nationally and into other areas of law.
Law firms considering machine learning and natural language processing to aid in contract reviews should keep several best practices in mind when procuring and deploying this nascent technology, starting with identifying their organization's needs and key requirements, says Ned Gannon at eBrevia.
Law firms need to shift their focus from solving the needs of their lawyers with siloed solutions to implementing collaboration technology, thereby enabling more seamless workflows and team experiences amid widespread embrace of hybrid and remote work models, says Kate Jasaitis at HBR Consulting.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.