Thu.Jul 11, 2024

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AAA Introduces APIs for Case Administration; Partners with LexPipe to Help Firms with Free API Installation

Law Sites

The American Arbitration Association today announced the launch of a set of application programming interfaces (APIs) designed to enable parties with multiple arbitration cases to streamline their case administration. The APIs will allow parties to send and receive documents, file new cases, and track case-related activities.

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5 Tips to Make Time Entry Less Painful for Lawyers

Attorney at Work

Streamline your time-entry process and you will stop losing money. Here's how. The post 5 Tips to Make Time Entry Less Painful for Lawyers appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Vidal Addresses USPTO’s ‘Inherited Backlog’, Which May Be at an All-Time High for Patents

IP Watchdog

U.S. Patent and Trademark Office (USPTO) Director Kathi Vidal published a Director’s blog post today addressing the Office’s current backlog of patent and trademark applications, which the latest USPTO data shows to be 785,387 unexamined applications/ 25.6 months total pendency for patents and 14.5 months total pendency for trademarks. Vidal said in her blog post that “unpredictable macro effects, including a pandemic that had an outsized impact on our application inventories, have created an ‘i

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Heffernan Acquires Costello Insurance Associates in Arizona

Insurance Journal

Heffernan Insurance Brokers acquired Costello Insurance Associates in Tempe, Arizona. Pat Costello and his team of five employees will continue to service their new and existing customers Costello services clients throughout the U.S.

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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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Prudential Financial’s Data Breach Impact Soars to Over 2.5 Million Customers

Complex Discovery

Editor’s Note: Prudential Financial has drastically revised the scope of a recent data breach, with the number of affected customers ballooning from an initial 36,545 to over 2.5 million. This incident underscores the critical importance of robust cybersecurity measures for financial services and has raised significant concerns among cybersecurity, information governance, and eDiscovery professionals.

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CBO Says Mortgage Subsidy Cost from Flood Damage to Hit $395M by 2053

Insurance Journal

Climate change is expected to increase the frequency and severity of floods in the U.S.

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More Trending

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No Shops, No Gas: Large Swaths of Houston Are Still in the Dark

Insurance Journal

Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest city are still without power, shutting stores and snarling traffic at non-functioning lights.

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Supreme Court term showed justices’ ‘project’ to reallocate power, lawyers say

Legal Dive

The court disrupted regulatory agencies with its major business rulings, although federal courts may need to offer new stability, according to a legal panel.

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Insurers Entitled to Second Injury Fund Payments Even If No Longer Writing in State

Insurance Journal

A workers’ compensation insurer is entitled to continue to receive reimbursements from the Massachusetts second injury fund even after it stops writing business in the state, the state’s high court has ruled in an opinion reversing itself on the issue.

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BRYTER launches AI Agents with major brand backing

Legal IT Insider

BRYTER, the no-code platform for law firms and in-house legal departments, today (11 July) officially launches a new product-suite: AI Agents, which help legal teams to automate repetitive tasks such […] The post BRYTER launches AI Agents with major brand backing appeared first on Legal IT Insider.

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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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Woman Used Photos from Another Person in State Farm Claim, NCDOI Says

Insurance Journal

North Carolina authorities have charged one woman and are on the lookout for another in connection with a scheme to defraud a State Farm insurance company of more than $195,000.

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THE CLAIMANT HAD NOT SERVED THE CLAIM FORM PROPERLY: ORDER FOR SERVICE BY ALTERNATIVE MEANS WAS NOT EFFECTIVE WHEN THE DEFENDANT WAS RESIDENT ABROAD

Civil Litigation Brief

In Broom v Aguilar [2024] EWHC 1764 (Ch) HHJ Paul Matthews (sitting as a High Court Judge) decided that a claim form had not been properly served when it was served at a time that the defendant was living abroad.

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NYU Settles Suit by Jewish Students Who Complained of Antisemitism

Insurance Journal

New York University has settled a lawsuit filed last November by three Jewish students who said they had been subjected to “pervasive acts of hatred, discrimination, harassment, and intimidation” since the start of the Israel-Hamas war.

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76% of SaaS companies use ‘dark patterns,’ analysis finds

Legal Dive

With federal regulators and states clamping down on the practice, companies might take a hard look at how they’re presenting information on their websites and in their apps.

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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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New Captive Insurer Targets New York Affordable Housing Market

Insurance Journal

A new Vermont-based captive insurer is promising to provide insurance for New York affordable rental housing buildings at a time when advocates say coverage is difficult to afford or obtain. The Milford Street Association Captive Insurance Co.

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Tractor Supply may have thought it solved a big problem. Now it has a few more.

Legal Dive

The retailer retreated from its diversity and climate goals after an “anti-woke” protest on social media — and ignited a backlash.

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Iowa Woman Sentenced for Pet Insurance Fraud

Insurance Journal

An Iowa woman was sentenced on July 2, 2024 after pleading guilty to Tampering With Records (Aggravated Misdemeanor) following an investigation by the Iowa Insurance Division’s Fraud Bureau.

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Archegos founder found guilty of fraud, market manipulation

Legal Dive

Bill Hwang was found guilty of 10 out of 11 criminal counts, while former CFO Patrick Halligan was found guilty of all three counts he faced, including fraud and racketeering.

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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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Conning Study: MGA Market Still Growing

Insurance Journal

A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023, according to a new Conning strategic study.

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Citi to pay $135.6M in new penalties over 2020 orders

Legal Dive

The bank has made insufficient progress toward resolving nagging data quality, risk management and internal control issues, the OCC and Federal Reserve said.

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Florida, Environmental Groups Settle Lawsuit Over Massive Phosphate Leak

Insurance Journal

ST. PETERSBURG, Fla.

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$20M and Still Going: Is Partner Pay a Bubble? | The American Lawyer

Securities Docket

“It’s not like the tulip bubble or the tech bubble,” said Alisa Levin, co-founder of the legal search firm Greene-Levin-Snyder, adding that it could slow or stall but “I don’t think it’s going to burst.” Not long ago, $10 million annually was an astronomical sum for even the highest-profile lateral partners. More recently, $20 million—once “unheard of”—seemed to be the standard of top partner pay at the most elite firms.

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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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Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC

Insurance Journal

Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC) said on Thursday. About 1.

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What’s Past is Prologue: Enforcing the Federal Securities Laws in the Age of Crypto

Securities Docket

In short, my tenure as Director has coincided with extreme volatility and investor risk in the crypto markets. This has been vividly demonstrated by the dramatic increase in the number of complaints about crypto that investors submitted to the SEC’s Office of Investor Education and Advocacy (“OIEA”), from 820 in fiscal year 2019, the first year that OIEA’s annual list of Top Ten Categories of Complaints included crypto, to 5,357 in fiscal year 2023.

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SageSure Secures $60M Cat Bond Ahead of Busy Hurricane Season

Insurance Journal

SageSure, a managing general agent specializing in catastrophe-exposed markets in the Southeast and other states, along with its affiliated Anchor Re captive reinsurer and SURE reciprocal, announced they have secured a $60 million catastrophe bond, three months after SageSure closed …

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SEC’s ‘Swiss Army’ Accounting Law Tested by Cyber Breach Charges

Securities Docket

R.R. Donnelley & Sons Co. agreed last month to pay $2.1 million to settle Securities and Exchange Commission charges that the marketing and printing company violated disclosure and internal accounting control rules stemming from a 2021 cybersecurity breach. The settlement, which comes amid heightened SEC focus on cybersecurity, represents a new—and expansive—take on the accounting control provisions.

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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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Judge: Protestors Can’t March Through Security Zone at Republican National Convention

Insurance Journal

MADISON, Wis.

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New Senate bill bans lawmakers from trading individual stocks : NPR

Securities Docket

A bipartisan group of Senators unveiled a new proposal that would ban members of Congress, their spouses and dependent children from trading individual stocks. Oregon Democratic Senator Jeff Merkley, Michigan Senator Gary Peters, Georgia Democratic Senator Jon Ossoff and Missouri Republican Senator Josh Hawley are outlining a new version of a measure dubbed the “ETHICS Act,” Ending Trading and Holdings in Congressional Stocks.

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Wildfire Risk Rises as Western States Dry Out Amid Ongoing Heat Wave

Insurance Journal

Authorities in Western states warned of the rising risk of wildfires as hot conditions and low humidity dry out the landscape amid a protracted heat wave that is expected to bake much of the U.S. again Thursday.

Insurance 105
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US appeals court rejects lenient test for asset freezes in SEC enforcement actions | Reuters

Securities Docket

A U.S. appeals court has just deepened a split among the federal circuits on the proper test for asset freezes in cases brought by the U.S. Securities and Exchange Commission. The Philadelphia-based 3rd U.S. Circuit Court of Appeals ruled on Tuesday that the SEC cannot sidestep the stringent, four-part test for obtaining a preliminary injunction when it seeks to freeze the assets of a defendant in an enforcement action.

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The New Way of Conducting Patent Research: Proven Strategies For Efficient Due Diligence

Speaker: Andrew Klein and Jennifer Vandenplas

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.