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Law firms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. In response, they are investing more in automation, advanced analytics and other technologies that will help them manage the workload.
Created with Canva – Sponsored Content – Knowing the law is no longer enough for modern lawyers, especially those starting their own law firm business. The world is changing rapidly, and you can either move with it or be left behind.
It was barely more than a year ago that Ironclad raised a $100 million Series D round at a valuation of nearly $1 billion, and now the San Francisco-based company has raised a $150 million Series E at a $3.2 billion valuation. That brings total investment in the company, whose product is a digital contracting platform for corporate legal departments, to $333 million.
Diane M. Rodriguez Assistant Director of the San Francisco Law Library in California, and 2021–22 president of the American Association of Law Libraries (AALL), where one of her many goals is to advocate for access to legal information that supports access to justice. She expertly articulates the work, and the role of law librarians, that comprise this mission.
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.
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Casey Flaherty, Chief Strategy Officer for Lex Fusion, makes his second appearance on Technically Legal. This time around, Casey discusses his thesis that organizations often turn to technology as an avoidance mechanism for addressing issues with process and culture. Casey has deep experience with legal process from all angles, he started his career as a commercial litigator before moving in house at Kia Motors.
Marking its 14th acquisition since 2019 and its eighth in just the last 12 months, l egal technology company Litera has entered into an agreement to acquire Prosperoware , a company that develops software for the legal industry for the adoption and governance of collaboration systems. Haley Altman , global head of corporate development at Litera, told me that the company views this deal as a strategic acquisition for Litera and powerful for customers. “With Prosperoware, we can deliver Li
Marking its 14th acquisition since 2019 and its eighth in just the last 12 months, l egal technology company Litera has entered into an agreement to acquire Prosperoware , a company that develops software for the legal industry for the adoption and governance of collaboration systems. Haley Altman , global head of corporate development at Litera, told me that the company views this deal as a strategic acquisition for Litera and powerful for customers. “With Prosperoware, we can deliver Li
Ed Summers , librarian, metadata expert, teacher, and computational expert, delivers an insighful lesson on the Persistent Uniform Resource Locator. PURLs were developed to make URLs more resilient and persistent over time. You could put a PURL into a catalog record and if the URL it pointed to needed to change you changed the redirect on the PURL server, and all the places that pointed to the PURL didn’t need to change.
If you’re planning to use stock photos, illustrations, even video clips to market your law firm, you need to know the ropes. The last thing you need is to get entangled in a dispute about the misappropriation of copyrighted materials. Plus, it looks bad if your firm is accused of copyright infringement and your firm has an IP practice. But First, a Little Background.
The Value of Cybersecurity Incident Response Plans As cyberattacks continue to plague U.S. companies, cybersecurity remains a core risk, even for businesses that have invested heavily in technical measures to protect their systems. As a result, cybersecurity best practices have evolved to include not only preventative measures, but also robust preparations for responding to cyber incidents, so that companies can improve their resilience, decrease the time it takes to detect and effectively resp
The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 million since its founding in 2013. Although the company has not publicly announced the funding, it filed a notification with the Securities and Exchange Commission on Jan. 7, 2022, documenting the raise of $25 million in equity financing.
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?
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Feeling exhausted? There are many kinds of rest we need to feel well-rested. Of course, we all know sleep is important for both physical and mental stamina. In fact, lack of sleep has serious consequences, such as reducing our immune system’s effectiveness and increasing cravings for simple carbohydrates. But did you know there are at least four other kinds of rest we need to be healthy and at our best?
As a lawyer, your role is to give advice, explain your client’s rights, and then represent them in court, ensuring that their cases have the best possible outcome. Doesn’t it seem to be simple and clear? However, as you are aware, it may be so much more. A lawyer’s day is filled with tight deadlines, considerable research, and a never-ending stream of stressed-out clients desperate to see results on their cases.
Here are some of the other legal tech stories from the week: Case Status raises $3.5 million. Case Status , a mobile client portal and messaging platform for law firms, raised $3.5 million in a Series A venture capital funding round led by Meeting Street Capital, Panoramic Ventures, VentureSouth, CreativeCo, and others. I had previously reported on the startup’s raise of $1.5 million in seed funding in 2020 and its venture capital funding in 2019.
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!
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Advances in technology and access to legal staffing is helping rural lawyers improve workflows and operate more efficiently. Compared with their counterparts in urban and suburban regions, rural attorneys often have less reliable access to critical skill sets and tools to support their practice. For example, there may be a scarcity of local IT professionals to help them troubleshoot technology problems.
As a lawyer, your role is to give advice, explain your client’s rights, and then represent them in court, ensuring that their cases have the best possible outcome. Doesn’t it seem to be simple and clear? However, as you are aware, it may be so much more. A lawyer’s day is filled with tight deadlines, considerable research, and a never-ending stream of stressed-out clients desperate to see results on their cases.
The international legal research service vLex said today it has partnered with some of the world’s leading news publishers to launch a new Global News product on its platform. . “Global News is a significant expansion of vLex’s expert legal commentary and news content, making it a vital tool for any lawyer, law librarian, investigative researcher, or academic wishing to stay up-to-date on breaking news and legal matters from around the world,” the company said. vLex said it de
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.
While social media platforms are extraordinarily useful for growing businesses, there are a number of pitfalls almost impossible to avoid. In this age of misinformation — and outright lies — fake ratings and reviews are more common than ever. Many people even accuse big businesses of stymieing the growth of smaller businesses by paying for reviewers to leave bad ratings.
12 Personal Productivity Tips Part 3 The end of the year can seem like the “Time of the Overwhelm.” So much to do and so little time. Emergencies pop up. Priorities change. And you can slip farther behind. Learn 12 of the best personal productivity tips.
What is ESG? You may already be familiar with the term “ESG”, yet in case not just yet – let’s start with deciphering what stands behind the E, S and G in this acronym. ESG is a term used for an organization’s environmental (E), social (S) and governance (G) performance. A related term is “ESG investing”, where investors invest in companies based on their ESG performance.
The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 million since its founding in 2013. Although the company has not publicly announced the funding, it filed a notification with the Securities and Exchange Commission on Jan. 7, 2022, documenting the raise of $25 million in equity financing.
Speaker: Anne Post, CEO North America, Xakia Technologies
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12 Personal Productivity Tips Part 3 The end of the year can seem like the “Time of the Overwhelm.” So much to do and so little time. Emergencies pop up. Priorities change. And you can slip farther behind. Learn 12 of the best personal productivity tips.
Here are some of the other legal tech stories from the week: Case Status raises $3.5 million. Case Status , a mobile client portal and messaging platform for law firms, raised $3.5 million in a Series A venture capital funding round led by Meeting Street Capital, Panoramic Ventures, VentureSouth, CreativeCo, and others. I had previously reported on the startup’s raise of $1.5 million in seed funding in 2020 and its venture capital funding in 2019.
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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
With thousands of legal tech products on the market competing for the attention and dollars of legal professionals, how can consumers make smarter buying decisions? That is the focus of a webinar I will moderate tomorrow, Making Smarter Legal Tech Decisions in 2022 , that will feature both legal tech vendors and consumers, together with the CEO of one of the world’s largest software review platforms.
The international legal research service vLex said today it has partnered with some of the world’s leading news publishers to launch a new Global News product on its platform. . “Global News is a significant expansion of vLex’s expert legal commentary and news content, making it a vital tool for any lawyer, law librarian, investigative researcher, or academic wishing to stay up-to-date on breaking news and legal matters from around the world,” the company said. vLex said it de
Marking its 14th acquisition since 2019 and its eighth in just the last 12 months, l egal technology company Litera has entered into an agreement to acquire Prosperoware , a company that develops software for the legal industry for the adoption and governance of collaboration systems. Haley Altman , global head of corporate development at Litera, told me that the company views this deal as a strategic acquisition for Litera and powerful for customers. “With Prosperoware, we can deliver Li
It was barely more than a year ago that Ironclad raised a $100 million Series D round at a valuation of nearly $1 billion, and now the San Francisco-based company has raised a $150 million Series E at a $3.2 billion valuation. That brings total investment in the company, whose product is a digital contracting platform for corporate legal departments, to $333 million.
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.
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