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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.

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The Increasing Risks of AI Washing and Securities Fraud Class Actions

Debevoise Data Blog

Many public companies are starting to face increased risks of securities class action litigation based on statements about their use of AI that are alleged to have been false or misleading. Lead plaintiff’s motion for class certification is pending, and the case is currently set for a 10-day jury trial in June 2025.

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In 2024, the Biggest Legal Risk for Generative AI May Be Hype

Debevoise Data Blog

At the same time, companies should be aware of additional regulatory, reputational, and litigation risks arising from any claims about AI programs that do not match the current capabilities of these technologies. The case is currently set for a 10-day jury trial in June 2025.

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The Future of Legal Technology

Lawmatics

2 eDiscovery Electronic discovery (eDiscovery) tools continue to evolve, enabling legal professionals to manage large volumes of electronic data more efficiently during investigations and the discovery phase of litigation. What Technology Do Lawyers Use?

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Companies x FTC’s Noncompete Rule

Berkley Technology Law Journal

Tamashiro, LLM 2025 The Federal Trade Commission (FTC) has proposed a NonCompete Rule designated to promote competition and employees rights. If the rule becomes effective, there may be a surge in trade secret litigation and patent filing and increased scrutiny when hiring to avoid litigation risks. By Andreia M.

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2024 at Clio: A Landmark Year in Review

Clio

Here are just a few things Clio accomplished in 2024: Funded a $900 million Series F round, Clio’s valuation climbed to $3 billion Hosted the biggest ClioCon yet with over 5000 attendees Launched three new products: Clio Duo, Clio Accounting, and Clio File Partnered with over 100 bar associations and law societies worldwide And thats not all!

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents. The substantial amount of time lawyers spend drafting documents during litigation. What makes you unique or innovative?