Amidst the technological evolution reshaping our global society, the legal industry has not been left unchanged. Today, we dive into the recent surge in prices by legal tech providers—a development that has raised eyebrows and sparked discourse across the sector. The financial demands exerted by venture capitalists and private equity founders on their legal technology…
In an upcoming webinar, two prominent legal tech companies, Onna and Sightline by Consilio – are contemplating on embracing innovative approaches to revamp eDiscovery workflows for legal professionals. The webinar, scheduled for October 10th, is expected to share perspectives on managing the vast data sources that have become an integral part of corporate and legal…
The adage “do more with less” strongly resonates with this year’s findings published in the “2023 Legal Department Operations Index” by the Thomson Reuters Institute. This comprehensive report, compiled and analyzed through various inputs and online surveys involving 108 legal operations professionals based in the United States, arrives at the conclusion that professionals and organizations…
After a challenging summer of extreme heat causing disturbance to power grids and infrastructure in numerous locations, the United States is preparing for a fall season expected to bring turbulent and disruptive weather conditions. As reported by Bradley Arant Boult Cummings LLP, while the risks associated with extreme heat and fire seasons are largely behind…
Recent discussions among global legal communities have revolved around the proposed development of an international standard for internal investigations. This move has sparked widespread debate, with pundits discussing the overall utility and potential disadvantages of such a course of action. Much of this conversation has been spurred by an article titled “Do We Really Need…
A key upcoming event garnering attention within the legal field is the webinar titled “Managing Discovery in Arbitration,” slated for October 5th, from 2:30 pm to 3:30 pm PDT. This one-hour webinar hosted by Sky Discovery, in partnership with the Association of Certified E-Discovery Specialists (ACEDS) UK Chapter and ACEDS ANZ Chapter, promises an insight-packed…
The upswing in the in-house legal hiring market seems to be gaining momentum as general counsels make an effort to bring more work in-house amidst the backdrop of receding economic uncertainties. This trend arrives in light of an increased intention to streamline costs and exert greater control over legal operations within organizations. As outlined in…
In the 79th episode of the ILN-telligence Podcast, host Lindsay Griffiths sits down with Pavla Kopeckova Prikrylova, a partner with PETERKA & PARTNERS, a Central and Eastern European Law Firm. Pavla is not just a partner, but she also chairs the International Lawyers Network, showcasing her impressive standing within the legal community. The discussion provides…
Following recent concerns regarding apparent penalties from the IRS with respect to late or incomplete filings of the 2022 Form 8955-SSA, there has been clarification and reprieve for perturbed plan sponsors. They previously used Form 8955-SSA to report terminated participants with vested benefits. These notices, initially causing unease, were in fact issued in error. In…
In the latest update from Nossaman’s Government Relations & Regulation Group, we delve into Compliance Notes – Vol. 4, Issue 37, a crucial digest detailing developments in the field of campaign finance, lobbying compliance, election law, and government ethics issues from across federal, state, and local levels. Published by Nossaman LLP, the document represents an…
In an ongoing era characterized by rapid technological advancement and an increasing reliance on big data, making a compelling business case for data-driven compliance is becoming a strategic priority for law firms and corporations worldwide. Recent perspectives on this topic were provided by Vince Walden, founder and CEO of KonaAI, in a conversation with Thomas…
The legal landscape in Florida has seen recent transformational adjustments having a significant impact on insurance coverage litigation, primarily centering around bad-faith claims. These amendments are part of a series of legislative changes introduced through Senate Bill 2A and House Bill 837, which came into force in December 2022 and March 2023, respectively. As per…
Client Relationship Management (CRM) software has proved to be a powerful tool for large law firms, greatly contributing to their business performance and firm revenues. Leveraging vital intelligence computed from relationship data, such applications support law firms in making improved business decisions, while facilitating the enhancement of client relationships. CRM software is much more than…
In a rapidly evolving and complex business landscape, strategic staffing of your corporate legal department can make all the difference. With this objective in mind, a not-to-be-missed webinar is scheduled for October 11th, at 1:00 pm ET to shed light on key aspects of building an optimal team. Scheduled by Leopard Solutions, the event is…
As legal professionals, we’ve witnessed technology significantly transform the mechanisms of our day-to-day operations. Recently, leading the batch of disruptive technologies is Artificial Intelligence (AI). From AI-enabled chatbots to sophisticated virtual assistants, the scope and influence of AI in the legal sector are no longer mere buzzwords, but tangible realities. The presence of AI across…
The Connecticut Bar Association is taking definitive steps to assess the role of artificial intelligence (AI) and the status of women in law. Announced on Friday, the Association has set up two new panels with these respective focuses. AI, with its increasing integration into various fields, has now piqued the interest of legal practitioners and…
In a move to leverage more strategic and versatile legal services, corporations worldwide are maneuvering through a trend towards “right sourcing” their legal work. The focus on ‘right sourcing’ indicates the allocation of tasks to the most fitting, effective and value-driven resources, whether that be large global firms, boutique firms, contract attorneys, or legal technology….
In a competitive landscape where efficiency and technological advancemet are becoming increasingly important for the optimization of legal operations, law firms are turning to a new tool: AI-powered chatbots. According to a recent report on Law.com, these cutting-edge AI chatbots are creating a shift in the legal profession. The detailed analysis reveals how more law…
In our fast-paced technological environment, gaining comprehensive understanding of platforms like Microsoft 365 (M365), particularly in the areas of eDiscovery and cybersecurity, has become an urgency for legal practitioners. A HaystackID webcast held on August 30, 2023 extensively explores the complex tenets of M365, an ever-evolving platform that continually redefines its offerings. Read more This…
The U.S. Center for SafeSport, a nonprofit organization established by Congress to combat sexual abuse within Olympic sports, has appointed Jessica Perrill as its new general counsel. With a background as a veteran prosecutor and Division III soccer player, Perrill brings a unique perspective to the role. Prior to her appointment, she held a senior…
Due to some recent indictments, critical discourse around the role of impartial juries in the legal system has gained renewed urgency. Emphasized in these discussions is equal consideration of both the geography and process involved in jury selection, arguably significant in ensuring justice. Historically, geographic constraints have underscored the process of jury selection, potentially contributing…
The past decade has seen a profound transformation in the role and function of legal operations within businesses. The legal landscape itself has been evolving at a record speed, placing unprecedented demands on legal departments and altering their roles within the broader business structure. The double-edged pressure of serving the corporation effectively while reducing costs…
A recent survey indicates a significant discrepancy in the expectations for contract turnaround times within corporate legal departments in Latin America, potentially raising tensions among business sectors. The study was conducted by ODDS Legal, a consultancy for legal operations. The survey involved interviewing 72 in-house counsels from Argentina, Chile, Colombia, Ecuador, Mexico, Peru, and Spain….
A recent survey conducted on large U.K. law firms revealed that a majority of them expects the advent of generative artificial intelligence (GenAI) to lessen their dependence on the billable hour system. In the survey, 26 law firms were asked if they thought that GenAI technology would lead to reduced reliance on billable hours. Out…
In a recent interview with Sumi Trombley, a senior advisor at UpLevel Ops, insight was given into the influential world of legal operations – particularly highlighting the shift brought on by the pandemic and the potential for this branch of the legal profession to bring greater diversity to the fore. Legal operations, in essence, can…