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Losses to businesses from the theft of their trade secrets add up to as much as three percent of the U.S. gross domestic product, according to a 2014 report by the Center for Responsible Enterprise and Trade and PricewaterhouseCoopers LLP. Yet a 2017 study by law firm Baker McKenzie found that less than a third of companies maintain inventories of trade secrets and have action plans for responding to theft.
Machine translation is fast and cheap, but a hybrid approach of man and machine is the most effective strategy. Professional human translators have always been the go-to way of translating documents for legal proceedings. They have the linguistic expertise, a better understanding of cultural context and the ability to make judgment calls on what and how to translate.
Articles and Columns for January 2022 A bit about PURLs – 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.
We have many acronyms in the software business, but one of our favorites relates to a process, not a techno-flavor of the month. It’s the DRY principle, and it stands for Don’t Repeat Yourself. Legal document automation is one area that’s completely ripe for the DRY principle. Document automation allows lawyers to easily convert existing documents into flexible,… Read More » 6 Benefits of Legal Document Automation.
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.
It says something about a product when, even before it officially hits the market, it wins a major legal technology award. That is the case with a product being unveiled today, Infodash. It is the platform on which the law firm Ogletree Deakins built its ODConnect 2.0 intranet, which last week was named Transformative Project of the Year in the International Legal Technology Association’s 2021 Distinguished Peer Awards.
This list of hybrid worker essential gear will make the regular transition from the kitchen table to downtown as smooth as glass. So it finally happens. You’re called back into the office two days a week. It seems like a wonderful idea and you can’t wait to see Jan again and pop over the top of your cubicle to gossip with Keith. Your cubicle used to be your little chunk of the universe, with sticky notes all over the whiteboard, that one calendar with pictures of Turks & Caicos and your favo
Privacy and cybersecurity 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 online security, often without our situational awareness.
Privacy and cybersecurity 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 online security, often without our situational awareness.
Michael Callier, Head of Legal Solutions and Consulting and colleague Edward Sohn, Head of Solutions at legal services company Factor discuss how in-house legal teams, their outside counsel and new law players like alternative legal service providers (ALSPs), can collaborate and maximize productivity by leveraging the strengths of each. Factor is a new law company (sometimes described as a managed legal services provider) providing legal and contracting solutions to in-house counsel and their la
In a move to become the leading provider of business intelligence, financial and operational analytics for larger law firms, BigHand has acquired Iridium Technology , creating a combined organization with more than 3,600 customers worldwide — including some 81% of the Am Law 200 — and more than 350 employees. With BigHand already a leading provider of operational and financial products for law firms, and Iridium a major provider of business intelligence and financial analytics products, the two
Law firms are enjoying strong and steady market-based tailwinds as 2022 unfolds. These will drive another year of growth for the law firms who can deliver — and target the best spots. A recent study based on more than 240 interviews with top legal decision-makers reveals these tailwinds include: Record levels of workloads for the second year in a row.
Cloud accounting software can be a valuable tool for law firms, providing a way to manage finances and track performance. Cloud accounting software offers the added benefit of being accessible from anywhere, making it ideal for firms with multiple locations or remote employees. The cloud-based software can also make it easier to share financial data with clients or other stakeholders, helping to foster transparency and build trust.
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?
The Banking Group of Debevoise & Plimpton LLP has launched the Debevoise Fintech Blog to help financial institutions sift through this complex legal landscape and keep abreast of developments in fintech and digital assets. The blog will cover topics spanning the fintech and digital assets regulatory landscape, including stablecoin, custody, anti-money laundering and sanctions, securities law, money transmission, capital and licensing and chartering.
Paradigm , the parent company to four legal practice management and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today announced the expansion of its leadership team with the hiring of two executives, one who will oversee product management and the other marketing. Joining Paradigm as vice president of product management is Marie Burgess , who was previously senior director of project management at Aderant.
Persuasive writing is a big part of your job. Skilled legal writers grab and hold their reader’s attention without ever causing confusion. At the end, the reader should be rooting for the proponent. Yet, many lawyers have lost sight of how to make this happen. Stick to Geometry. A basic tenet of journalism is to use the inverted pyramid method to organize information.
Cloud accounting software can be a valuable tool for law firms, providing a way to manage finances and track performance. Cloud accounting software offers the added benefit of being accessible from anywhere, making it ideal for firms with multiple locations or remote employees. The cloud-based software can also make it easier to share financial data with clients or other stakeholders, helping to foster transparency and build trust.
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!
Dallas, TX – February 1, 2022 – Lineal, a global AI-powered legal technology services company, successfully completed its 2021 System and Organization Control (SOC) 2 Type II examination and earned its SOC 2 report, reinforcing its commitment to compliance with industry standards for managing enterprise data. Since its inception in 2009, Lineal has operated at the leading edge of digital forensics, cybersecurity, and eDiscovery technology for hundreds of law firms and Fortune 500 companies.
Losses to businesses from the theft of their trade secrets add up to as much as three percent of the U.S. gross domestic product, according to a 2014 report by the Center for Responsible Enterprise and Trade and PricewaterhouseCoopers LLP. Yet a 2017 study by law firm Baker McKenzie found that less than a third of companies maintain inventories of trade secrets and have action plans for responding to theft.
In September 2020, we wrote about the risks of credential stuffing attacks following the New York Attorney General’s (NYAG) settlement with Dunkin’ Donuts. Since then, these attacks have continued, and regulators’ expectations of companies’ efforts to reduce the risk of credential stuffing attacks for their customers’ online accounts have increased.
How Records Searches Help You Vet Clients Building and maintaining a successful legal practice requires attracting and acquiring new clients. However, not all prospects are worth representing. One best practice is to have a well-defined intake process using thorough due diligence to vet clients. Doing so can eliminate surprises that would otherwise delay or derail a case.
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.
You’ve probably heard by now that former president Donald Trump is building his own social media platform — perhaps not so aptly named, Truth Social. What is the purpose of this platform? Well, it’s a direct response to losing his access to Twitter and Facebook. He was banned on these platforms for spreading misinformation after the Capitol insurrection on January 6, 2020.
Two Canadian companies, Edmonton-based AltaML , an AI studio devoted to building tools “to elevate human potential,” and Ottawa-based Compass Law , an independent Canadian legal publisher, are teaming up to launch a joint venture, Jurisage AI , in order to leverage their expertise in artificial intelligence and legal innovation. “We bring deep legal publishing and innovation expertise together with world-class machine learning and applied AI specialists to revolutionize the wor
On January 28, 2022, California Attorney General Rob Bonta announced that his office sent notices alleging noncompliance with the California Consumer Privacy Act (“CCPA”) to a number of companies operating customer loyalty programs. This sweep of notices follows the Attorney General’s initial round issued on July 1, 2020 and was summarized in the Attorney General’s July 2021 enforcement examples , which we analyzed on the Debevoise Data Blog.
How Records Searches Help You Vet Clients Building and maintaining a successful legal practice requires attracting and acquiring new clients. However, not all prospects are worth representing. One best practice is to have a well-defined intake process using thorough due diligence to vet clients. Doing so can eliminate surprises that would otherwise delay or derail a case.
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!
What does Wordle have to do with legal tech — other than a cheap attempt on my part to generate some Google juice? Find out today at 3 E.T. by joining our regular Friday Legaltech Week roundtable, where we discuss the top stories in legal technology and innovation. Attendance is free, but you need to register, which you can do here. Register once and you are signed up for all future sessions.
What does Wordle have to do with legal tech — other than a cheap attempt on my part to generate some Google juice? Find out today at 3 E.T. by joining our regular Friday Legaltech Week roundtable, where we discuss the top stories in legal technology and innovation. Attendance is free, but you need to register, which you can do here. Register once and you are signed up for all future sessions.
Two Canadian companies, Edmonton-based AltaML , an AI studio devoted to building tools “to elevate human potential,” and Ottawa-based Compass Law , an independent Canadian legal publisher, are teaming up to launch a joint venture, Jurisage AI , in order to leverage their expertise in artificial intelligence and legal innovation. “We bring deep legal publishing and innovation expertise together with world-class machine learning and applied AI specialists to revolutionize the wor
Paradigm , the parent company to four legal practice management and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today announced the expansion of its leadership team with the hiring of two executives, one who will oversee product management and the other marketing. Joining Paradigm as vice president of product management is Marie Burgess , who was previously senior director of project management at Aderant.
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
In a move to become the leading provider of business intelligence, financial and operational analytics for larger law firms, BigHand has acquired Iridium Technology , creating a combined organization with more than 3,600 customers worldwide — including some 81% of the Am Law 200 — and more than 350 employees. With BigHand already a leading provider of operational and financial products for law firms, and Iridium a major provider of business intelligence and financial analytics products, the two
It says something about a product when, even before it officially hits the market, it wins a major legal technology award. That is the case with a product being unveiled today, Infodash. It is the platform on which the law firm Ogletree Deakins built its ODConnect 2.0 intranet, which last week was named Transformative Project of the Year in the International Legal Technology Association’s 2021 Distinguished Peer Awards.
Seven Ways to Ease the Pain of Second Request Responses According to a recent survey by PWC, mergers and acquisitions (M&A) are expected to lead the post-pandemic economic recovery. As M&A activity accelerates in 2021, the survey suggests that there will be an increase in five-billion-dollar deals on the table. While this is good news for the economy, the legal community will be bracing for hard, fast, and high-stakes work.
Seven Ways to Ease the Pain of Second Request Responses According to a recent survey by PWC, mergers and acquisitions (M&A) are expected to lead the post-pandemic economic recovery. As M&A activity accelerates in 2021, the survey suggests that there will be an increase in five-billion-dollar deals on the table. While this is good news for the economy, the legal community will be bracing for hard, fast, and high-stakes work.
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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