Tue.Feb 04, 2025

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Today’s Experiment with OpenAI’s Deep Research: Picking the Best Cloud-Based Law Practice Management Software for a Small Law Firm

Law Sites

As I noted yesterday, over the weekend, OpenAI releasedDeep Research, an AI agent capable of completing multi-step research tasks and synthesizing large amounts of online information.

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Viewpoint: Delegated Underwriting Authority Enterprises Offer Insurers Competitive Edge

Insurance Journal

The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within the insurance industry, with technology serving as a cornerstone for many of these operations.

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SmartEsq Launches AI Platform to Transform Private Fund Legal Operations, Promising 80% Time Savings

Law Sites

SmartEsq, a legal technology startup founded by former Big Law and private equity veterans, announced its official launch today, introducing an AI-powered platform designed to streamline legal workflows for private investment funds.

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Generali to Remain in Charge of Investment Decisions in BPCE Deal, Won’t Cut Stake

Insurance Journal

Generali to remain in charge of decisions over how to allocate its own clients’ savings under the asset management deal with France’s BPCE, the insurer said, addressing concerns raised by Italy’s government and two leading investors.

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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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Whereas, I Keep Telling Lawyers to Stop Writing Like This

Attorney at Work

Teddy Snyder | You're not writing in the 14th century, so stop trying to sound like a scrivener from 700 years ago. The post Whereas, I Keep Telling Lawyers to Stop Writing Like This appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Ryan Specialty Completes Buy of Velocity Risk Underwriters

Insurance Journal

Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P.

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Legislation is Good, But the PTAB Needs a More Immediate Overhaul

IP Watchdog

Twenty years ago, Congress began hearing that the patent system needed a faster, cheaper way than district court suits to assess the validity of issued patents. In line with this goal, Congress emphasized that the new procedure was to be an alternative to expensive district court litigation.

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On LawNext: CEO Nikole Nelson Returns with An Update on Frontline Justice’s Mission to Empower Justice Workers and Bridge the Justice Gap

Law Sites

In the United States, we face a staggering crisis in access to justice, with over 90% of low-income Americans’ civil legal needs estimated to be going unmet. But what if there was a way to dramatically expand legal help by empowering a new category of legal helpers?

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VIDEO: New York Ad Campaign Targets ‘Hidden Tax’ Driving Up Insurance Costs

Insurance Journal

A group calling for reforms to lower insurance costs across New York has launched its first ad.

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DOJ’s rental price-fixing suit is following a misguided path

Legal Dive

Regulators would like to think that RealPage’s price suggestions are rate mandates, but they only speak to a hypothetical price status at a given point in time.

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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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LA Wildfire Losses Seen as High as $164 Billion, UCLA Says

Insurance Journal

Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion, according to a new report, potentially making the blazes the second-costliest natural disaster in U.S. history.

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Breaking the AI Black Box: How DeepSeek’s Deep-Think Forced OpenAI’s Hand

E-Discovery Team

The post discusses the evolution of AI transparency, specifically focusing on DeepSeek's Deep-Think feature. This feature enhances user trust by revealing AI's reasoning process, contrasting with traditional black-box models. Despite being a useful tool, it follows developments in OpenAI's ChatGPT o3-mini-high, which adopted similar transparency shortly after.

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Texas Regulators Grapple With Plugging Leaky Abandoned Wells

Insurance Journal

In arid West Texas, water seeps and bubbles from old wells, sometimes carrying oil, brackish water or other pollutants to the surface.

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What Is Business Litigation?

Newport Beach California Business Litigation Law B

No one starts a business expecting to face legal disputes, but conflicts are inevitable. When facing conflicts over a broken contract or disagreements with a business partner, many legal avenues are available to you. If options like mediation fail, then you may need to consider litigation (i.e., seeking relief through court action or arbitration). Litigation empowers you to resolve disputes and protect your assets and reputation.

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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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Orion180 Launches FLEX Home Insurance in Texas

Insurance Journal

Orion180 announced that its FLEX Home Insurance product is now available in Texas. Orion180 said that FLEX is designed to address the diverse needs of Texas homeowners, including those in high-risk areas prone to natural disasters like tornadoes and hailstorms.

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Vanguard dilutes diversity guidelines for US board proxy voting

Legal Dive

The updated policies exclude a recommendation that boards “at a minimum, represent diversity of personal characteristics, inclusive of at least diversity in gender, race and ethnicity.

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People Moves: AXA XL Hires Bakker for Environmental Post; Tokio Marine HCC Appoints Gaine Head of N.A. Distribution

Insurance Journal

AXA XL Hires Bakker as Head of Environmental Package Solutions, Middle Market, Americas AXA XL in the Americas hired Peter Bakker as head of environmental package solutions for the middle market in the Americas. Bakker is based in New York.

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Agiloft GC discusses legal inflation and the future of billable hours

Legal Dive

In-house teams must “actively” manage their outside firms to avoid rising costs and achieve the best impact from their budgets, Laura Richardson says.

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Uncovering The Hidden Connections: A Patent Family Survival Guide

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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WTW Reports Net Loss in 2024 With Organic Revenue Growth of 5%

Insurance Journal

WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million in the same period in 2023.

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OpenAI’s Deep Research: Transforming Multistep Research in Professional Fields

Complex Discovery

Editor’s Note: OpenAIs latest advancement, Deep Research, is poised to redefine professional research in fields like finance, science, policy, and engineering. This AI-powered tool leverages OpenAIs forthcoming o3 model to conduct multi-step research autonomously, synthesizing insights from vast online sources with remarkable speed and precision.

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US Congress to Form Cryptocurrency Working Group

Insurance Journal

U.S. Representative French Hill, a Republican who chairs the House Financial Services Committee, said on Tuesday lawmakers from both chambers of congress would form a working group to develop policy favoring development of digital assets.

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Canadian Man Charged in $65M Cryptocurrency Hacking Schemes

Securities Docket

A five-count criminal indictment was unsealed today in federal court in New York charging a Canadian man with exploiting vulnerabilities in two decentralized finance protocols to fraudulently obtain about $65 million from the protocols investors. According to court documents, from 2021 to 2023, Andean Medjedovic, 22, allegedly exploited vulnerabilities in the automated smart contracts used by the KyberSwap and Indexed Finance decentralized finance protocols.

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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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California Food Distributor Settles False Claims Liability for Small Business Contracting Violations

Insurance Journal

The GS Foods Group Inc. in Ontario, California, agreed to pay more than $949,000 to settle allegations of False Claims Act violations related to small business contract bidding.

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2024 Year-End FCPA Update

Securities Docket

As our longtime readers know, we endeavor in these pages not only to describe the years individual FCPA and related enforcement actions, but also to discern patterns, themes, and trends in this enforcement activity. With respect to 2024, we have identified seven developments of note: DOJ reaches subsidiary-only resolutions with parent compliance guarantees; DOJ further defines the poles in Corporate Enforcement Policy credit; DOJ FCPA declinations with disgorgement continue as a trickle; Roundin

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Weinstein Wants Mangrove to Be Big Player in Florida, Focused on Mid-Market

Insurance Journal

Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re, as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a startup insurer based in Florida.

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CAN AN EXPERT WORK ON A CONDITIONAL FEE BASIS? IT MAY BE POSSIBLE – BUT IS DEFINITELY NOT WISE

Civil Litigation Brief

I am grateful to Professor Keith Rix for allowing me to use an article that appears in February’s Expert Healthcare Witness Matters*. This deals with the question of whether an expert can, or should, agree to act on a conditional.

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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.

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King Risk Partners Acquires Ohio’s Barker, Beck, Collins & Kronauge Agency

Insurance Journal

King Risk Partners announced the acquisition of Barker, Beck, Collins & Kronauge Agency (BBC&K), an independent insurance firm in Dayton, Ohio. BBC&K was founded in founded in 1923.

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Dilworth IP is Seeking a Patent Attorney – Partner (remote – US)

IP Watchdog

Dilworth IP is Seeking a Patent Attorney - Partner. Are you a patent attorney with a thriving book of business looking for a firm that shares your dedication to innovation and client service? Dilworth IP is seeking exceptional talent to join their team of world-class legal experts. This is a remote (within the US) full-time, permanent position.

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Oil Tanker Attacked Last Year Crosses Red Sea as Houthi Ceasefire Holds

Insurance Journal

Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen’s Houthis last year, sailed through the Red Sea this week, the Suez Canal said on Monday, in one of the first voyages since the militia announced a halt in attacks …

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Former Principal Deputy Assistant Attorney General for the DOJ’s Criminal Division Brent Wible joins White & Case as a Partner in Washington, DC | White & Case LLP

Securities Docket

Global law firm White & Case LLP has expanded its Global White Collar Practice with the addition of Brent Wible as a partner in Washington, DC.[…] Serving as the Principal Deputy Assistant Attorney General for the Criminal Division at the DOJ, Wible led the Division and managed the work of more than 1,500 attorneys and staff across 16 sections and offices.

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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