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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.
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
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 DEI
National 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.