Mon.Jun 30, 2025

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In A Mega Deal, Clio Buys vLex for $1 Billion, Merging AI, Research and Practice Management

Law Sites

In a landmark deal that will undoubtedly reshape the legal tech landscape, law practice management company Clio has signed a definitive agreement to acquire the AI and legal research company vLex for $1 billion in cash and stock.

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Requests for Documents “Sufficient to Show,” Instead of “Any and All” Documents

E-Discovery LLC

In The Loan Source Inc. v. Newity LLC , 2025 WL 1755230 (D. Del. Jun. 25, 2025), plaintiffs’ request for production number 19 sought documents “sufficient to show Defendants’ efforts to settle a lawsuit….” Their motion to compel was granted over relevance and other objections. The court wrote: “Thus, Defendants must produce documents sufficient to show their efforts to settle the ExWorks litigation….

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A Conversation with CEO Jack Newton on Clio’s Acquisition of vLex

Law Sites

Landmark news broke this morning that law practice management company Clio has signed a definitive agreement to acquire the AI and legal research company vLex for $1 billion in cash and stock.

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SCOTUS Will Review Cox Communications’ Petition on Infringement Liability for ISPs

IP Watchdog

The U.S. Supreme Court today took the advice of the Solicitor General in granting a petition for certiorari brought by Cox Communications and denying one brought by Sony in the same matter. Music publishers including Sony, Arista Records, Warner Music and Universal Music Group filed copyright claims against Cox in July 2018, alleging that Cox was liable for the infringement of 10,017 musical works that were illegally distributed by the ISP’s subscribers.

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Prep with Purpose: How to Build Better Trial Binders

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Get ready to master the art and science of trial preparation organization that top attorneys rely on in this exclusive webinar! Attorney and law professor, Joe Stephens, J.D., will walk through proven systems for creating comprehensive trial notebooks and binders that transform scattered case materials into a powerful command center. Learning Objectives: Strategic Organization 📊 Learn the essential sections every trial notebook needs and how to structure them for maximum clarity and acce

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Senate Debates Whether to Adopt Revised State AI Regulation Ban

Insurance Journal

Two key U.S. Republican senators agreed to a revised federal moratorium on state regulation of artificial intelligence to five years and allow states to adopt rules on child online safety and protecting artists’ image or likeliness.

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North Star Files Petition for Rehearing Challenging CAFC’s ‘Sufficiently Distinct’ Test for Design Patent Infringement

IP Watchdog

Last week, fiberglass pool design company North Star Technology filed a combined petition for panel rehearing and rehearing en banc at the U.S. Court of Appeals for the Federal Circuit to challenge that court’s decision this April affirming the Eastern District of Tennessee’s grant of summary judgment of noninfringement in a design patent case against Latham Pool Products.

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DOJ hands 97-month sentence to crypto scammer for $40m Ponzi scheme

Securities Docket

Authorities in the United States have sentenced a man to 97 months in prison for his role in defrauding investors out of more than $40 million via a crypto Ponzi scheme. According to the U.S. Department of Justice, 57-year-old Dwayne Golden was sentenced on June 27 by U.S. District Judge William F. Kuntz II in Brooklyn federal court. Golden had pleaded guilty in September 2024 to conspiracy to commit wire fraud and money laundering.

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Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics

Insurance Journal

One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an old idea whose popularity is suddenly soaring.

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Ripple Faces Difficult Choice After Settlement Route Is Blocked

Securities Docket

Judge Analisa Torres on Thursday refused for the second time their request to support lifting an injunction against Ripple and reducing a $125 million civil penalty. Instead, the blockchain company and the Securities and Exchange Commission—which have each appealed aspects of the judgment to the US Court of Appeals for the Second Circuit—were left with the limited options of dropping or fully pursuing their appeals.

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Tech Industry Trade Group Sues Arkansas Over Social Media Laws

Insurance Journal

A tech industry trade group sued Arkansas Friday over two new laws that would place limits on content on social media platforms and would allow parents of children who killed themselves to sue over content on the platforms.

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Leverage Trellis Court Data To Identify More Investment Opportunities

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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Increasing Volume of Patent Deals Could Signal Bounce in Patent Marketplace | IPWatchdog Unleashed

IP Watchdog

This week on IPWatchdog Unleashed, we enter the world of patent monetization and patent dealmaking. As you hear the conversation unfold, we discuss the reality that patent deals are getting done. Although the value of the patent deals currently being consummated has not increased in 2025 compared with the last several years, the number of patent deals being done has dramatically increased, which could be the first sign of a bounce in the patent marketplace on the horizon.

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Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’

Insurance Journal

Lloyd’s has issued a statement applauding the removal of Section 899 from the Senate’s version of the Republican’s reconciliation bill, which would have could have led to substantial additional tax on the US income of non-US-domiciled businesses.

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US Audit Board Escapes GOP Bid to Scrap the Enron-era Agency

Securities Docket

Senate Republicans have granted a reprieve to the Public Company Accounting Oversight Board, excluding from the chamber’s tax-and-spending plan an earlier provision that would have dismantled the audit overseer. Draft text released Thursday night by the Senate Banking Committee leaves out a previous measure that would have scrapped the board, the cornerstone of a 2002 corporate reform law passed in the wake of the Enron and WorldCom accounting scandals.

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Flint, Michigan Struggles to Complete Lead Pipe Replacement Decade After Water Crisis

Insurance Journal

Jeffrey Bell watched as crews dug up and replaced neighbors’ lead water pipes, hoping his mother’s house would be next. Workers told him it wasn’t on their list but probably assigned to another contractor.

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The Tech-Savvy Paralegals Playbook: How To Leverage AI

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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Digital Workers Have Arrived in Banking – WSJ

Securities Docket

Bank of New York Mellon said it now employs dozens of artificial intelligence-powered ‘digital employees’ that have company logins and work alongside its human staff. Similar to human employees, these digital workers have direct managers they report to and work autonomously in areas like coding and payment instruction validation, said Chief Information Officer Leigh-Ann Russell.

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Beazley Report: US Executives Misjudge Cyber Preparedness

Insurance Journal

U.S.-based executives feel more prepared to counter cyber threats, potentially indicating a false sense of security because many companies lack the ability to be adequately prepared, according to a new report from specialist insurer Beazley.

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Two Workers for SEC-Edgar Filing Agent Face Insider Charges – Bloomberg

Securities Docket

Two men who worked for a private business that provides services for companies filing to the Securities and Exchange Commission’s EDGAR system, were charged with insider trading after allegedly pocketing $1 million by stealing non-public information obtained through their jobs. Justin Chen and Jun Zhen, both of Brooklyn, New York, were charged with obtaining non-public information about companies like Purple Innovation Inc., Ondas Holdings Inc., SigmaTron International Inc., and Signing Day Spor

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PwC’s AI Chief Says Firm Has Cut Prices as Tech Saves Staff Time

Insurance Journal

PricewaterhouseCoopers LLP, one of the world’s largest professional advisory firms, has cut prices for some services as clients raised the fact that the consultancy is using artificial intelligence to complete its work quicker.

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Smarter Patent Family Research: The Tools And Tactics You Need Now

Speaker: Andrew Klein

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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Keep Doing Your Own Writing

Your Trial Message

By Dr. Ken Broda-Bahm: I’m old enough to feel okay claiming full “curmudgeon” status when it comes to A.I. as a writing tool. I know some will say that puts me behind the times, and others will say that I’m missing out on opportunities. But the early social science on the effects of A.I.

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Executives Get Combined 141 Years in Prison for Italy PFAS Spill

Insurance Journal

Eleven former executives of companies linked to Miteni SpA were sentenced to a combined 141 years in prison by an Italian court for one of the largest groundwater contaminations of forever chemicals in Europe. Parent company Mitsubishi Corp.

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FURTHER UPDATES TO HMCTS GUIDANCE ON USING THE DAMAGES CLAIM PORTAL: RAISING QUERIES WITHIN SYSTEM; INFORMING THE PORTAL OF SETTLEMENT AND PARTIAL DISCONTINUANCE (NOT EXCITING, BUT IMPORTANT…)

Civil Litigation Brief

A few days (sometimes even a day) can be a long time in civil procedure. I wrote about the updated Guidance to the Damages Claim Portal at the end of last week. Today I am writing to tell you it.

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Markets/Coverages: AEGIS London Raises Line Sizes for Political, Financial Risk Cover

Insurance Journal

AEGIS London, a top quartile Lloyd’s syndicate, has announced significant enhancements to its political and financial risk (PFR) offering.

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AI for Paralegals: Everything You Need to Know (and How to Use It Safely)

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.

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When an attorney fails to disclose a conflict of interest

Newport Beach California Business Litigation Law B

People who rely on their attorneys for assistance with business development, investment decisions and other critical matters expect honest advice. They rely on their lawyers to guide them as they make decisions about how they manage their resources or develop their organizations. Lawyers have to meet specific professional standards. They have a duty to put a client’s best interests ahead of their own wishes.

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G7 Agrees to Avoid Higher Taxes for US and UK Companies

Insurance Journal

The United States and the Group of Seven nations have agreed to support a proposal that would exempt U.S. companies from some components of an existing global agreement, the G7 said in a statement on Saturday.

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A Maybe Mirror Image of SpaceX Is Enough for Some Investors – Bloomberg

Securities Docket

The digital assets platform Republic is touting plans to give retail investors access to the world’s hottest private companies starting with Elon Musk’s SpaceX via mirror tokens. From the description on its website, this seems like a comically bad idea — perhaps not so funny for investors — that screams for even a hands-off, crypto-friendly Securities and Exchange Commission to shut it down.

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US Warns Iran-Tied Hackers Pose Ongoing Risk to American Firms

Insurance Journal

Iran-affiliated hackers remain a potential threat to critical sectors of the US economy, including defense contractors and other American organizations, according to a bulletin published Monday from the FBI, the National Security Agency, the Cybersecurity and Infrastructure Security Agency and …

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Fresh Out of School: How to Become an Expert Paralegal

Speaker: Joe Stephens, J.D., Attorney and Law Professor

The difference between a paralegal and an exceptional paralegal isn't just competence—it's the bold initiative to anticipate needs, master hidden firm dynamics, and transform challenges into opportunities that showcase your indispensable value. Join this webinar with attorney Joe Stephens to get an insider's perspective into how you can become a strategic asset to your practice!

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IF YOU ARE GOING TO CRITICISE AN EXPERT THIS MUCH YOU SHOULD HAVE RAISED IT AT THE CASE MANAGEMENT HEARING: HIGH COURT REJECTS EACH PARTY’S ATTACKS ON OPPONENT’S EXPERTS

Civil Litigation Brief

We have seen plenty of cases where the courts have not been slow in their criticism of expert witnesses. Here we have a different situation where the judge was critical of the attacks, by each party, on the credibility of.

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Containment Grows on Southern California Wildfire As Evacuation Orders Lifted

Insurance Journal

Firefighters made quick progress battling a wildfire in Southern California, which is now 25% contained after burning 485 acres in San Bernardino County and prompting evacuations. The Lake Fire erupted Saturday afternoon north of Crestline and Lake Arrowhead.

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THE CURRENT IMPORTANCE OF PLEADINGS 21: SHOULD A PARTY BE GIVEN PERMISION TO AMEND AT A LATE STAGE? THE ISSUES CONSIDERED AND APPLIED

Civil Litigation Brief

There are so many judgments concerning late applications to amend pleadings that, often, I decide not to write about them. There are applications to amend that are late, very late, very, very late or "door of the court" late. The.

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Texas Establishes Response Team to Prevent Re-Emergence of Invasive Screwworm Fly

Insurance Journal

Gov. Greg Abbott wants Texas to get serious about an invasive, parasitic fly that poses a serious threat to the state’s livestock and wildlife.

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Trellis Launches Trellis AI to Streamline Trial Court Litigation

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