Thu.Jun 26, 2025

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FTV Capital’s Adam Hallquist on the ProfitSolv Investment: Growth, Payments, and the Unvended Legal Market

Law Sites

Earlier this week, I reported on FTV Capital’s investment in ProfitSolv, the parent company behind multiple law practice management platforms, including CosmoLex, Orion, Rocket Matter and Tabs3. Although the dollar amount of the investment was not disclosed, ProfitSolv described it as “substantial.

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The AI Adoption Divide Dominates the 2025 Future of Professionals Report

Attorney at Work

The clock is ticking for law firms without a clear AI adoption strategy. Highlights from the Thomson Reuters Future of Professionals Report. The post The AI Adoption Divide Dominates the 2025 Future of Professionals Report appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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The AI Strategy Divide in Law: Thomson Reuters Survey Says Strategic AI Adoption Is the Key to AI Success

Law Sites

A study out today from Thomson Reuters reveals a stark division within the legal profession: When it comes to reaping the benefits of AI, organizations with clear AI strategies are dramatically outperforming those without them, creating an increasingly pronounced competitive divide.

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Viewpoint: Cyber Is a Product for Everyone, so Let’s Start Acting Like it

Insurance Journal

If this latest wave of retail cyberattacks proves anything, it’s that any business in any sector and of any size can find itself breached.

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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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PTAB Designates Informative Director Review Decision Vacating Institution of Two Petitions Challenging Same Claims

IP Watchdog

The Patent Trial and Appeal Board (PTAB) on Thursday designated as informative a Director Review decision in which Acting Director Coke Morgan Stewart said the Board abused its discretion by instituting two petitions for inter partes review (IPR) challenging the same claims. According to the U.S. Patent and Trademark Office (USPTO), informative decisions provide the Board "norms on recurring issues, guidance on issues of first impression to the Board, guidance on Board rules and practices, and g

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Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report

Insurance Journal

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS.

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EU Revamps Regulations for Expanding Space Market

Insurance Journal

The European Commission on Wednesday put forward the EU Space Act, a long-awaited overhaul of regulations affecting its fast-growing space industry.

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Managing Emerging Data in eDiscovery: Lessons from LegalTechTalk 2025

Complex Discovery

Editor’s Note: The following article provides a structured and comprehensive overview of the LegalTechTalk session titled Navigating Emerging Data Sources in E-Discovery & Investigations , held on June 26, 2025. Moderated by Tom Makin, Managing Associate in Disputes & Investigations at Simmons & Simmons, the session featured insights from Christina Zachariasen, eDiscovery Executive Director at A&O Shearman; Jeffrey Shapiro, Director of Forensic and Integrity Services at EY;

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Vessels Near Strait of Hormuz Transmit Unusual Messages to Prevent Attacks

Insurance Journal

Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking …

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Summer Associates at Baker Botts Learn How to Use AI on the Job | Law.com

Securities Docket

Summer associates at Baker Botts got some hands-on AI training on a litigation exercise that was impossible to complete under deadline without using artificial intelligence. “We created the Learning Lab to give summer associates hands-on experience with cutting-edge technology, but did it under time pressure so they would experience how it would work in real time [with] some of the strengths and weaknesses,” said Richard Harper, a New York litigation partner who organized the trainin

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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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Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam

Insurance Journal

Visa defeated a proposed class action lawsuit on Monday by consumers who accused the world’s largest card payments network of failing to warn that its prepaid “Vanilla” gift cards were susceptible to being drained by thieves. U.S.

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Law Firms Have Been Slow to Accept Payment in Crypto. The GENIUS Act Could Change That | Law.com

Securities Docket

The legal industry and other professional services organizations may soon have a greater incentive to begin accepting cryptocurrency as a payment method from clients after federal lawmakers moved forward legislation that would establish a regulatory framework for stablecoins. Under the GENIUS Act, (Guiding and Establishing National Innovation for U.S.

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Meta Fends Off Authors’ Copyright Lawsuit Over AI

Insurance Journal

A federal judge ruled on Wednesday for Meta Platforms against a group of authors who had argued that its use of their books without permission to train its artificial intelligence system infringed their copyrights. U.S.

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SEC, Ripple wants to settle crypto lawsuit, but US judge rebuffs them | Reuters

Securities Docket

A federal judge on Thursday rejected an unusual joint motion by Ripple Labs and the U.S. Securities and Exchange Commission to endorse the cryptocurrency company’s reduced $50 million fine to settle a civil lawsuit over the sale of unregistered securities. U.S. District Judge Analisa Torres in Manhattan chastised both sides for claiming that their settlement in March should excuse Ripple from honoring her permanent injunction against violating the law. […] “The parties do not h

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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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NC Bill Ending Course Requirements for Agent Licenses on Way to Governor

Insurance Journal

North Carolina insurance producers will no longer be required to complete education courses before taking the license exam, under a bill now awaiting the governor’s signature.

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PROVING THINGS 267: COURT OF APPEAL OVERTURNS FINDING THAT COUNCIL HAD ESTABLISHED ITS STATUTORY DEFENCE: SOME VERY IMPORTANT POINTS HERE ABOUT THE USE OF STATEMENTS PUT TO WITNESSES AND JUDICIAL FACT FINDING

Civil Litigation Brief

Here we are looking at an important decision of the Court of Appeal. On the face of it it is about a defendant's failure to prove a statutory defence. However, perhaps more significantly, it is about evidence, the impact of.

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GE Moves Washing Machine Production from China to Kentucky with $490M Invest

Insurance Journal

GE Appliances announced a nearly half-billion-dollar project Thursday that it says will create 800 new jobs and shift production of clothes washers from China to its massive manufacturing complex in Kentucky.

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COST BITES 247: SHOULD A SOLICITOR RESPOND TO PART 18 QUESTIONS ABOUT THE PAYMENT OF COMMISSION? THE HIGH COURT CONSIDERS THE POINT TODAY

Civil Litigation Brief

Here we are looking at another round in the solicitor-own client assessment war of attrition. The question was whether a solicitor, in a solicitor and own client assessment, should reply to Part 18 requests for further information about premiums paid.

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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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Texas THC Industry Welcomes More Regulations With Ban Off the Table

Insurance Journal

With a ban off the table for now, Texas hemp industry leaders said they are amenable to state lawmakers imposing more regulations on their THC products, such as age restrictions on purchases and more testing of their products, but caution …

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CLINICAL NEGLIGENCE CORNER 1: ASSESSMENT OF DAMAGES FOR PAIN AND SUFFERING IN A CLINICAL NEGLIGENCE CASE: IT HELPS IF THE PSLA IS IN THE SCHEDULE

Civil Litigation Brief

It is relatively rare for litigators to get a detailed insight into the court's approach to an award for pain and suffering. We see any example here. Of course every case is fact specific, but practitioners have to be aware.

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People Moves: Covéa Group Names Petit CEO as Derez Becomes Chairman; Howden UK & Ireland Appoints Kennedy to Succeed Shuker as CEO

Insurance Journal

The Board of Directors of Covéa Group, the French mutual insurer, has appointed Maud Petit as chief executive officer, while Thierry Derez has been named chair of the Board of Directors.

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Australia’s Securities Regulator Taps Expert Trio to Probe ASX’s Operations

Securities Docket

Australia’s Securities and Investment Commission (ASIC) has turned to three of the country’s most seasoned finance figures to probe the inner workings of the Australian Securities Exchange, including the exchange’s doomed blockchain project. ASIC launched the inquiry on June 16 over “ongoing concerns” it and the Reserve Bank of Australia expressed about the exchange’s ability to run stable and secure market plumbing.

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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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Former Lawmaker Lindsay Launches New York Insurance Agency

Insurance Journal

An insurance law professional and former state legislator has launched his own insurance brokerage in Tarrytown, New York.

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UPDATE TO HCMTS GUIDANCE ON USING THE DAMAGES CLAIM PORTAL

Civil Litigation Brief

HMCTS has, this month, issued an updated version of the Guidance to using MyHMCTS. THE GUIDANCE The updated guidance is available here. Damages Claims Portal Issue to Respond Guidance June 2025 V1.6 THE OVERVIEW "Overview The Damages Claims Portal.

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BHP Faces UK Contempt Charge for Funding Case Over Brazil Dam Collapse

Insurance Journal

BHP faces a full contempt of court hearing in Britain for funding litigation to try to prevent some Brazilian municipalities suing the mining giant over one of Brazil’s worst environmental disasters, London’s High Court ruled on Thursday.

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THE STATUS OF PRACTICE DIRECTIONS CONSIDERED : “I AM UNCOMFORTABLE WITH THE NOTION THAT A PRACTICE DIRECTION CAN HAVE THE EFFECT OF OVERTAKING THE DECISION OF THE SUPREME COURT…”

Civil Litigation Brief

The precise legal status of Practice Directions is interesting. Here we have a case where a judge considered their status and came to a firm view that a statement made in the PD should not be followed as it was.

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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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World Insurance Acquires Maine’s Healey Associates

Insurance Journal

Global insurance broker World Insurance Associates LLC has acquired the business of Healey & Associates of Portland, Maine. Terms of the transaction were not disclosed.

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HOW SHOULD THE COURT EXERCISE ITS DISCRETION TO CASE MANAGE ACTIONS ONCE PART 8 PROCEEDINGS ARE ISSUED UNDER THE PAP? COURT OF APPEAL GIVES CLEAR GUIDANCE

Civil Litigation Brief

Having determined that the court does have jurisdiction to case manage actions issued under Part 8 the Court of Appeal went on to make some trenchant observations in relation to avoiding the possibility of delay. (Applications to extend a stay.

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Markets/Coverages: Marsh Launches European Cyber Facility for Mid-Sized Enterprises

Insurance Journal

Marsh, insurance brokerage business of Marsh McLennan, announced the launch of Cyber Unity, a new insurance facility for organizations across the European Union, as well as in Israel, Norway, Serbia, and Turkey, with revenues up to €500 million (US$581.2 million).

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COST BITES 246: THE RECOVERABILITY OF PROBATE COSTS IN FATAL CLAIMS: HOW DOES A PARTY PROVE THEIR CASE?

Civil Litigation Brief

The issue of whether the costs of obtaining probate are recoverable as costs in fatal accident, or Law Reform Act, claims is one that regularly arises. The principles involved are clear. Here we have the Senior Costs Judge considering the.

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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