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For law firms, streamlined, effective legal billing software is incredibly important. Enter modern legal billing software. It ensures that your firm’s legal billing processes are efficient and accurate by reducing the steps needed to invoice clients and accept online payments. Read on to learn about the most common billing problems law firms face, and how to help your law firm overcome them.
With both Arizona and Utah now allowing nonlawyers to deliver legal services through alternative business structures, the American Bar Association today issued a formal ethics opinion that addresses the question of whether lawyers outside those states may passively invest in an ABS. The issue hinges on ABA Model Rule of Professional Conduct 5.4 , which prohibits lawyers from sharing fees with nonlawyers or practicing in an entity in which a nonlawyer has an ownership interest.
Articles and Columns for September 2021 2021 Guide to Internet Privacy Resources and Tools – Technology has significantly changed our concept of privacy as well as our ability to maintain it. The are a wide spectrum of tools, services and strategies available to assist you in the effort to maintain a sliding scale of privacy.
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Almost everyone working in cybersecurity compliance is aware that each U.S. state has its own set of breach notification requirements. What is less known is that many of these states also impose substantive cybersecurity requirements. In this Debevoise Data Blog post, we examine the general cybersecurity obligations under state law, including common themes and recent developments.
In case you missed it, this presentation provides an overview of artificial intelligence modeling and natural language processing technologies, along with the potential they present within eDiscovery and the legal industry as a whole. Current use cases and simple ways to quickly implement these tools into your current workflows are further examined.
Using legal data for strategic law firm planning is no longer reserved for BigLaw. With the improved access to litigation data from numerous vendors in the exploding legal tech ecosystem, solo practitioners, small law firms, and regional and midsize firms can take advantage of insights from data to position themselves as leaders and market movers in their respective practice areas and jurisdictions.
Using legal data for strategic law firm planning is no longer reserved for BigLaw. With the improved access to litigation data from numerous vendors in the exploding legal tech ecosystem, solo practitioners, small law firms, and regional and midsize firms can take advantage of insights from data to position themselves as leaders and market movers in their respective practice areas and jurisdictions.
In its second acquisition in six weeks, law practice management company Clio has acquired Lawyaw , a document automation and assembly platform designed for solo, small and mid-sized law firms. This news follows Clio’s July 28 announcement that it acquired CalendarRules, an automated court calendaring product. It is Clio’s third acquisition ever, including its 2018 , acquisition of Lexicata , the client relationship management platform that formed the basis of Clio Grow. .
Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and security, often without our situational awareness.
Marc Andreessen quipped in 2011: “Software is eating the world”. The idea of software substitutes for lawyers’ work is a radical idea for some lawyers. The legal profession is not immune from this development. Law has a high information component. In a large sense, law is information or as Bill Palin, the young lawyer who won the ABA’s Legal Hackathon at last year’s ABA Annual Meeting , says, “law is code”.
On September 21, 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued an updated advisory (the “Advisory”) on sanctions risks associated with payments to threat actors in connection with cyber ransoms. The Advisory reminds companies that all parties associated with the payment of a cyber ransom—including victims, financial institutions, insurance firms, and other companies facilitating payment—are responsible for ensuring that they do not violate U.S. law,
Speaker: Allison Mears, Adela Wekselblatt, and George Socha
Artificial intelligence is reshaping the legal industry, and paralegals are at the forefront of this transformation. As AI becomes more integrated into legal workflows, paralegals can streamline their daily tasks, enhance efficiency, and add greater value to their firms and organizations. But what exactly does AI mean for paralegals today—and how can you leverage it to your advantage?
Otto Hansen, the founder of Term Scout , visits Technically Legal to talk about the company he founded that uses machine learning to analyze and rate contracts. Specifically, it analyzes contracts to determine whether they are in line with industry standards and how vendor or customer friendly they are. The goal of Term Scout’s rating system is to cut down on contract negotiation and eliminate the back and forth about uncontroversial terms so the parties can focus provisions that will require m
In college, I worked as a restaurant prep cook. The chef had French training and emphasized the importance of “mise en place” — a French term for “everything in its place.” Mise en place (pronounced meez ahn plas) is a system chefs use to prepare themselves and their kitchens in the hours leading up to mealtime. The “meez,” as kitchen professionals refer to it, involves studying recipes, making lists of necessary ingredients, prepping food and assembling the tools for coo
The pandemic has raised a number of ethical issues for lawyers and resulted in the issuance of several ethics opinions addressing those issues. While we once might have thought these issues were temporary, many legal professionals continue to operate virtually, and even when we are fully free of the pandemic, many of us are likely to continue to practice virtually, at least part of the time.
Cassandra Emmons , Cassandra Emmons a postdoctoral fellow with the Weatherhead Center for International Affairs' t Harvard Univrsity, discusses how COVID-19 has proven that public health emergencies are not equally recognized in either international law or national constitutions; some international treaties permit “limiting” rights in the name of public health rather than requiring derogation, and nationally some governments authorize emergency measures in practice without ever doing so in name.
Are there mysteries lurking in your family tree? 🕵 No, not a long-lost half-brother - I'm talking about a patent family tree! IP paralegals need fast and easy ways to verify and report on essential data about foreign equivalents of US assets. Join us to master the global scope of key assets to support prosecution, portfolio management, litigation, licensing, competitive monitoring and more!
Recently, there has been much discussion of the idea of “productized legal services” as the next transformational strategy that will enable lawyers to make money while they sleep, increase the volume of potential clients, and move away from the tyranny of the billable hour. Some law firms have developed a product approach as a method of capturing potential clients and then upselling them to more traditional legal services.
As part of our ongoing series on enforcement actions by the Securities and Exchange Commission (“SEC”) in data- and cybersecurity-related matters ( here , here , and here ), we have been closely tracking regulatory developments and gathering insights on enforcement trends. Last week, the SEC announced that App Annie and its former CEO and Chairman, Bertrand Schmitt, (“App Annie”) had agreed to a $10.3 million payment to settle charges for engaging in fraudulent practices and making material mis
Twitter LinkedIn Reddit Facebook Pinterest Print Email Guest post by Cosmonauts And we’re back in the room! Following 3 sold-out events , Cosmonauts is excited to present their fourth iteration of their flagship Legal Tech conference, Future Lawyer Week 4.0 on 14th-16th September 2021 ! 90+ speakers 25+ exhibitors 500 attendees 3 days of networking Specifically tailored for in-house legal counsel, private practice law firms and dispute litigators, Future Lawyer Week will feature an array of insi
Catch up on Ruth Carter’s posts here. Have you met my Lucy Jane? She is a basset hound mix that I began fostering in late April, and we finalized her adoption a few weeks later. She’s come to the office every day since she came into my life, and the entire office is better for it. Insisting on a Dog-Friendly Office. When my current firm, Venjuris, invited me to join them, I said, “Great!
Speaker: Joe Stephens, J.D., Attorney and Law Professor
Ready to cut through the AI hype and learn exactly how to use these tools in your legal work? Join this webinar to get practical guidance from attorney and AI legal expert, Joe Stephens, who understands what really matters for legal professionals! What You'll Learn: Evaluate AI Tools Like a Pro 🔍 Learn which tools are worth your time and how to spot potential security and ethics risks before they become problems.
Recent headlines in the financial press are replete with stories about the new boom in buy now, pay later financing for retail purchases, with many retailers, including Walmart, the nation’s largest, now offering these point-of-sale loans. Now, the electronic payments company LawPay is bringing buy now, pay later financing to the legal industry.
Morgan Bazilian and Dolf Gielen both with the Colorado School of Mines, have identified four strategic priorities that would help provide the foundations for success in both the energy and climate change domains.
Two new ambassadors were appointed in August 2021: With the nomination of Jeremy Small and Jon Bartman representing the United Kindom, the European Legal Technology was able to further consolidate its Ambassador network. “We are delighted that, with the nominations of Jeremy and Jon, we have further support in achieving our mission of a diverse and transnational network of legal technology experts.,” says Holger Zscheyge, ELTA’s president.
Last week, the California Privacy Protection Agency (the “Agency”) invited public comment on its preliminary rulemaking. As previously discussed, the California Privacy Rights Act (“CPRA”) established the Agency and tasked it with adopting additional implementing regulations and enforcing the California Consumer Privacy Act (“CCPA”). The CPRA, approved by California voters in 2020, does not take full effect until January 1, 2023, at which time the rules outlined below come into force.
Speaker: Anne Post, CEO North America, Xakia Technologies
Do you know that 40% of U.S. Legal Departments now have a formal legal intake process? With that in mind, where does your legal department stand today? Many legal teams still struggle with a flood of incoming requests, leaving everyone overwhelmed and frustrated. Implementing a formal legal intake process can seem like an obstacle between the business and the legal department, but it doesn’t have to be!
“Whatever benefits advanced legal technology may bring to lawyers, I am concerned about this sort of technology seeping into the legal writing classroom,” writes Northwestern University Legal Writing Professor Michael Zuckerman in an article he penned for the ABA Journal, Law Professor Makes Case Against Automating Legal Writing in Law School. However, Professor Zuckerman is not anti-legal tech.
The Interest on Lawyers’ Trust Account, commonly called IOLTA, is one of the most valuable tools for expanding legal representation to appear in recent decades. Unlike traditional attorney trust accounts, IOLTA programs , available in all 50 states, the District of Columbia and Puerto Rico, allow lawyers to hold client retainers, settlements and other money in interest-bearing accounts.
I was in Manhattan on 9/11, where I worked as editor-in-chief of The National Law Journal. In a post here 15 years ago, I wrote about my memories of that day. In that post, I focused on the end of the day. Throughout the day, the editors and reporters at the NLJ and throughout ALM were consumed with covering the story. As shocked as we all were, we also were journalists, scrambling to find out everything we could about the lawyers and law firms who might be among the victims.
Laura (Layla) H. Kwong is an assistant professor of environmental health sciences. She too has wondered about the best masks to wear to protect against COVID, and earlier this year she led a study that examined the research about which materials are best.
Patent due diligence processes take too long. The information you need is publicly available but accessing it is often tedious & inefficient, requiring you to wade through dozens of PTO websites or for-free tools to gather what you need. Plus, it frequently occurs late in the game, leaving professionals under pressure, sifting through chaotic 100-page PDFs, and frustrated with poorly formatted information & patent numbers.
Five Simple & Effective Business Development Tasks You Need To Do Lawyers spent most of 2020 adjusting to remote working and new ways of doing business. In many cases, this includes a shift in the way firms and lawyers do their business development. These five straightforward business development tasks will help you maximize your efforts and support long-term firm growth.
On August 30, 2021, the SEC filed settled enforcement actions against three groups of broker-dealers and investment advisers for failing to protect confidential customer information in violation of Rule 30(a) of Regulation S-P (the “Safeguards Rule” or “Rule”). One group of the entities was also found to have violated Section 206(4) of the Advisers Act and Rule 206(4)-7, by allegedly providing misleading information in its breach notification to customers.
You would be hard-pressed to find two people in legal technology more experienced in user interface and user experience design than Nicole Bradick and Andy Wishart. Bradick is founder and CEO of the legal tech design and development firm Theory and Principle. Wishart is chief product officer at contract lifecycle management company Agiloft and formerly was co-founder and chief technology officer of Contract Express, the contract automation software that Thomson Reuters acquired in 2015.
Many lawyers dream of pursuing writing as a side hustle. As these three lawyers show, there’s more than one way to make it work. . Gone are the days when a law firm might only have a secondary income from a related business, such as a title company. Now, law firms and lawyers are moonlighting as business development consultants, app developers, coaches of all kinds, continuing education providers, and fiction and nonfiction authors.
Trellis AI leverages the largest repository of state trial court data to help litigators evaluate cases, automate brief drafting, suggest winning strategies, and more. Key components: Draft Arguments — Uses similar/successful motions in the Trellis database to generate arguments/citations for your motions seeking dismissal, summary judgment, etc. Case Assessment — Predict the likely outcomes of a case at any stage to help you decide to accept it, guide motion practice, make settlement offers, an
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