In a significant technological stride for the legal sector, Eve, the legal AI company, has introduced EveOS, an advancement following its earlier launch of an AI workforce designed for plaintiff law firms. The newly unveiled EveOS is positioned as an AI-native operating system, crafted to streamline and oversee the comprehensive operations of plaintiff firms throughout…
Burford Capital is intensifying its strategy of making minority equity investments in elite law firms in the U.K. and U.S., according to their new COO based in London. This move aligns with the increasing investor enthusiasm for owning stakes in law firms that already utilize Burford’s litigation finance solutions. Law firms in these regions have…
Focus Brands Inc., the parent company of well-known franchises such as Carvel and Auntie Anne’s, has recently announced a significant appointment in its legal department. The company has brought on board a seasoned franchise industry veteran as its new General Counsel. Jill Thomas, known for her extensive experience in legal strategies across major franchises, will…
As artificial intelligence becomes increasingly standard in legal departments, a growing emphasis is placed on implementing robust guardrails. Companies are actively developing strategies to leverage AI’s capabilities while ensuring that sensitive data remains secure. For example, Chris Potter, director of legal operations at Johnson & Johnson, highlights the importance of employing AI with strict controls….
Corporate boards are increasingly demanding rapid responses to legal risks, yet many legal teams remain reliant on outdated methods for analysis. A significant number of firms continue to use spreadsheets to manage complex legal data. These tools, while functional, are prone to errors due to their lack of auditing capabilities. In an age where precise…
The surge in artificial intelligence applications has significantly affected the operations of legal departments in large corporations. Although AI promises to streamline processes, the reliance on tech solutions without human oversight can lead to complications in litigation management. The importance of reclaiming control over litigation operations becomes even more apparent as enterprises face challenges related…
As the legal industry continues to grapple with unprecedented changes driven by technological advancements, an innovative AI platform has emerged to support general counsels (GCs) in their evolving roles. The legal chief of a tech company, So Suite, is leading this initiative, aiming to provide GCs with enhanced tools to manage legal responsibilities efficiently. This…
In a significant move reflecting the escalating demand for artificial intelligence in legal operations, Wordsmith has successfully raised $70 million in a recent funding round. This capital injection underscores the increasing reliance of in-house legal teams on AI-driven tools to enhance efficiency and accuracy. As companies face mounting pressure to streamline their operations, the adoption…
In a recent discussion with Bob Ambrogi on the LawNext podcast, Neil Araujo, CEO and co-founder of iManage, provided insights into the strategic direction of AI within the legal sector, particularly through the lens of iManage’s latest platform developments. Araujo sheds light on how iManage seeks to create a robust foundation for AI operations through…
Chevron has announced the appointment of a seasoned litigator as the successor to its retiring legal chief, marking a significant shift in the company’s legal department strategy. This development comes as the current legal head prepares for retirement after a notable tenure with the energy giant. The newly appointed legal chief brings a wealth of…
Kirkland & Ellis, the world’s highest-grossing law firm, has committed $500 million over the next three to four years to develop a proprietary artificial intelligence (AI) platform aimed at enhancing client services across various practice areas. This substantial investment underscores the firm’s strategic move to integrate advanced technology into its legal operations, reflecting a broader…
The evolving landscape of legal operations is increasingly being shaped by artificial intelligence mandates that focus on delivering tangible returns on investment (ROI). As law departments face pressure to optimize their budgets, AI emerges as a key enabler of efficiency and financial transparency. Alyse Wilkinson, a senior director and certified risk manager at WSP, underscores…
The landscape of in-house legal departments is poised for significant transformation as legal tech budgets are projected to potentially double by 2028. This anticipated increase underscores the vital role that technology is playing in enhancing efficiency and productivity within legal teams. According to a recent report, rising demand for advanced software solutions and automation tools…
Genesis AI, known for its innovative advancements in artificial intelligence, has recently appointed a new legal head with substantial experience from technology giants. The company announced that an ex-attorney from Google and Twitter is set to lead its legal team. This strategic recruitment aligns with Genesis AI’s ambitions to expand its operations and ensure robust…
As legal departments integrate artificial intelligence tools, the delicate balance between innovation and risk management remains crucial. The utilization of AI agents is becoming increasingly prevalent, particularly for automating routine tasks and enhancing decision-making processes. However, the fear of unchecked risks, particularly those related to data security and compliance, lingers. Michele Lee, general counsel of…
Mayer Brown has recently joined the growing number of international law firms withdrawing from Greater China. This move highlights mounting challenges global firms face in the region. The firm’s decision aligns with similar exits, raising questions about the future of legal operations in China. The firm announced its plans to close its offices in Beijing…
The legal operations chief at Meta recently emphasized the pressing need for law firms to reconsider their traditional billing practices, urging a shift away from the billable hour in favor of value-based pricing. This sentiment, echoed during a CLOC Global Institute panel discussion, is gaining momentum as artificial intelligence continues to reshape the legal industry….
At the recent CLOC Global Institute in Chicago, legal operations teams revealed a strategic shift in using invoice data. Traditionally confined to review and approval processes, this data is now pivotal in shaping decisions around rate negotiations, benchmarking, and risk analysis. This evolution is driven largely by the integration of artificial intelligence in legal processes….
The U.S. Department of Justice is facing criticism following its lawsuit concerning disciplinary action against Jeffrey Clark, a former DOJ official. At the heart of the dispute is an assertion by the DOJ suggesting that government attorneys should be exempt from ethical oversight when providing internal advice. This position has been challenged by Hilary Gerzhoy,…
Meta’s Chief of Legal Operations recently expressed a forward-thinking vision for the legal industry, predicting a decline in the dominance of the billable hour model. This perspective resonates with broader industry trends, as legal professionals increasingly seek innovative practices to enhance efficiency and value. The legal operations chief argues that reliance on the billable hour…
The corporate landscape is set to shift significantly with Rio Tinto’s announcement of BP Deputy General Counsel, Eric Schulz, ascending to the role of Chief Legal Officer (CLO). This move marks a strategic realignment for the mining giant as it seeks to fortify its legal and regulatory footprint amid increasing global scrutiny. Eric Schulz brings…
As corporate legal departments grapple with rising costs, the deployment of artificial intelligence is emerging as a strategic tool to mitigate these expenses. Legal teams are increasingly leveraging AI to streamline processes, enhance efficiency, and ultimately cut hefty law firm bills. The integration of AI in legal operations is not just repositioning the role of…
A new legal technology product, eDig365, made its debut at the CLOC Global Institute in Chicago, promising to revolutionize the way legal teams approach e-discovery within the Microsoft 365 ecosystem. Developed by Five Star Legal, the product aims to provide a much-needed layer of reporting and visibility over Microsoft Purview eDiscovery, which is often shielded…
As artificial intelligence becomes woven into the fabric of business and legal operations, the industry’s focus is shifting from mere disclosure of AI systems to the necessity of clear explanations. This evolution in transparency requirements reflects a deeper kind of accountability that businesses must now embrace. The legal industry is particularly sensitive to this shift,…
In the competitive world of legal operations, where service providers strive to secure lucrative contracts with major corporations, the importance of vendor-client relationships cannot be overstated. Recent insights suggest that negative interactions, often characterized as “bad vibes,” can significantly hinder potential deals. This underscores the crucial need for vendors to maintain not just competitive pricing…