April, 2024

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Launching Today: A Gen AI, No-Code Virtual Assistant Builder for Law Firm KM and Innovation Teams

Law Sites

Debuting today is a new product, KLapper, that is a DIY legal virtual assistant builder, powered by generative AI, and designed specifically for law firm knowledge management and innovation teams. Developed by KLoBot Inc.

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The Trust Equation: The Most Important Formula for Developing New Business

Attorney at Work

Jay Harrington | Clients are buying based on a promise you’ll deliver in a high-stakes matter, which is why trust is so vital. The post The Trust Equation: The Most Important Formula for Developing New Business appeared first on Articles, Tips and Tech for Law Firms & Lawyers.

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SimpleLegal’s Vendor Collaboration: A leap forward for efficient teamwork

Simple Legal

The efficiency and security of collaboration between in-house legal teams and their outside counsel can significantly influence the quality of service and outcomes. Recognizing this pivotal relationship, SimpleLegal is thrilled to announce an innovative leap forward: the introduction of vendor collaboration, set to greatly improve the way in-house legal teams and their outside counsel collaborate.

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April 2024 Feature Release

Lawmatics

April Fools’ Day may have been last week, but these new features are no joke. We’ve got a trio of updates for managing your matters, calendars, and finances. You’ll also find some quality-of-life tweaks that’ll simplify things for our intake coordinators and office managers out there. Filter and sort your table of matters We've revamped our classic matter table for a smoother user experience.

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10 eDiscovery Tips Lawyers Need to Know

The TechnoCat eDiscovery Blog

When it comes to the rapidly shifting tides of the Electronic discovery universe, it can feel like navigating a minefield. but fear not. From the looming threat of spoliation sanctions to the sheer volume, variety, and v.

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An Independent Musician’s Perspective on the TikTok Legislation Before Congress

IP Watchdog

There are many loud voices making a lot of noise about TikTok right now, and as someone who makes “noise” for a living, I thought I’d provide an independent musician’s perspective on the TikTok legislation before Congress: I hope it passes, both as an American and as a music maker. First of all, this bill restricts TikTok, it does not “ban” the app.

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Guest Post: My Thoughts One Week After Selling My Legaltech Company to Bloomberg

Law Sites

Four years. No institutional capital. An incredible co-founder. Tenacious execution. Lucky timing. And a belief that what we were doing was important. Simply put, it was as rollercoaster.

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MY POLICY ABOUT CONFIDENTIALITY CLAUSES IN SETTLEMENTS

Plaintiff Trial Lawyer Tips

It was my policy over my 50 years of representing plaintiffs to refuse to agree to any form of confidentiality as an imposed requirement of settlement by a defendant. My policy was that clients were free to keep the information personally confidential and from media or public disclosure if they wanted to do so, but the defendant could not require it as a condition of settlement.

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How Do I Create a Client Intake Form?

Lawmatics

Legal client intake forms are critical for an efficient client onboarding process. Firms traditionally created their intake forms manually, legal client intake automation improves efficiency, reduces time spent on administrative tasks, and enhances the client experience. How Do You Draft an Intake Form? Lawyers and law firms create intake forms to gather necessary information from clients as efficiently as possible.

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Mastering AI Jenga in Legal

The TechnoCat eDiscovery Blog

New to the legal technology space or a battle hardened eDiscovery expert? The TechnoCat eDiscovery Blog is your go to resource for all things eDiscovery!

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The Licensing Vector: A Fair Approach to Content Use in LLMs

IP Watchdog

A spate of recent lawsuits is shining light on how some generative AI (GenAI) companies are using copyrighted materials, without permission, as a core part of their products. Among the most recent examples is the New York Times Company’s’ lawsuit against OpenAI, which alleges a variety of copyright-related claims. For their part, some GenAI companies like OpenAI argue that there is no infringement, either because there is no “copying” of protected materials or that the copyright principle of fai

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The Five Most Momentous Legal Tech Fails

Law Sites

While the last few years have brought an abundance of new and innovative legal tech products to market, the fact of the matter is that not every new product will succeed. Inevitably, for whatever reason, some products fail. But one thing for certain is that while some products shut down with a whimper, others go out with a bang. Let’s revisit five of the most momentous legal tech fails of the last 10 years. 1.

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Semi-Retired: Breaking Up Is Hard to Do

Attorney at Work

Susan Cohodes | Three months into semi-retirement, I still find it difficuilt to give less than full-time attention to my part-time legal work. The post Semi-Retired: Breaking Up Is Hard to Do appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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He Ate a Whole Cake

The 10b-5 Daily

The U.S. Supreme Court has issued a decision in Macquarie Infrastructure Corp. v. Moab Partners, L.P. holding that the failure to disclose information required by Item 303 of Regulation S-K can support a Rule 10b-5(b) claim only if the omission renders affirmative statements misleading. It is a unanimous decision authored by Justice Sotomayor. Item 303 of Regulation S-K requires companies to describe “known trends or uncertainties” that may have a material impact on the company̵

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How Do You Create an Intake Process?

Lawmatics

Creating an effective intake process for a law firm is crucial for efficiently managing client inquiries, ensuring that relevant information is gathered, and setting the stage for successful client representation. Legal client intake automation and the use of an intake process template can streamline the process by leveraging technology to automate repetitive tasks, reduce manual effort, and improve efficiency in managing client inquiries and information.

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THE HAMBURGER PRICE WAR & THE IMPORTANCE OF FRAMING TRIAL ISSUES

Plaintiff Trial Lawyer Tips

A price war between McDonald’s and A & W fast food restaurants has a lesson for trial lawyers about the importance of describing trial issues or “framing.” A&W was the first-ever chain restaurant in America. By the 1970s, A&W had more locations open than McDonald’s. It was founded in 1919 in Kentucky and is the oldest chain restaurant in America In 1948 Maurice and Richard McDonald opened the first self-serve McDonald’s in San Bernardino, California.

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FTC Sets Meeting to Vote on Final Noncompete Rule

IP Watchdog

Federal Trade Commission (FTC) Chair Lina Khan announced yesterday that there will be a Special Open Commission Meeting held on April 23 to vote on whether to issue a final version of the January 2023 proposed rule that would ban employers from using noncompete clauses for their employees. “The proposed final rule being considered would generally prevent most employers from using noncompete clauses,” said the Open Commission Meeting's event description.

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Upsolve Launches Tool To Help Pro Se Bankruptcy Filers Get Relief from Student Loans

Law Sites

According to Upsolve, a nonprofit company whose technology helps low-income individuals file for bankruptcy for free, Americans owe $1.77 trillion in student loan debt — 93% of it to the federal government. Since 2017, Upsolve’s debt relief tools have helped more than 13,000 individuals erase more than $750 million in debt.

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Time Tracking for Lawyers: Why Every Firm Needs to Track Time to Stay Profitable

Attorney at Work

John Scott | Whether or not the client sees billable hours on an invoice, all service-based businesses need to track the time of employees who do client-facing work. The post Time Tracking for Lawyers: Why Every Firm Needs to Track Time to Stay Profitable appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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What is Concept Clustering in eDiscovery, and Why Should I Care?

The TechnoCat eDiscovery Blog

New to the legal technology space or a battle hardened eDiscovery expert? The TechnoCat eDiscovery Blog is your go to resource for all things eDiscovery!

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What Should Be Included in an Intake Form?

Lawmatics

A legal client intake form is a crucial document used by law firms to gather essential information about a client and their legal matter. Legal client intake automation, including the use of an intake process template, streamlines the intake process so legal teams can prioritize casework. By establishing a clear and consistent process for client intake, you can save time, eliminate pesky errors and keep everyone in your practice on the same page.

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21 Questions To Ask During A Legal Job Interview

InHouseBlog

You’ve probably heard the advice before – do not go into an interview for a legal job without some questions to ask of your own. Of course, figuring out what questions to ask, when to ask them and how many to ask is the overall conundrum. Going with your gut based on how the interview has gone so far is probably your best bet. But check out Vault.com’s list of questions, as there are some there that may get you thinking.

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Thaler, Copyright Office Fight Over Human-Authorship Requirement for AI-Created Artwork Continues

IP Watchdog

On April 10, Dr. Stephen Thaler filed a reply brief at the U.S. Court of Appeals for the D.C. Circuit, continuing the artificial intelligence (AI) technologist’s legal challenge to the U.S. Copyright Office’s refusal to register copyright to an artwork generated by Thaler’s Creativity Machine. The reply brief argues that there is no human authorship requirement under the U.S.

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ClaimScore, Startup Using AI To Target Fraud In Class Action Claims, Raises $3.15M In Oversubscribed Round

Law Sites

ClaimScore, a startup that uses artificial intelligence to help detect fraudulent claims in class action lawsuits, has closed a $3.15 million seed funding round led by ROC Venture Group, a private investment firm based in Naples, Fla.

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What Is My Law Firm Worth?

Attorney at Work

Brooke Lively | Here are the two most important factors that determine your firm's value — if you want to sell. The post What Is My Law Firm Worth? appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Some GenAI to Help Your New Law Firm

My Shingle

Are you interested in what generative Ai can do but haven’t had a chance to spend the time experimenting, or even sitting through an hour-long webinar? Here are two resources that won’t take more than ten minutes of your time. First up – a summary comparison of five gen AI platforms and their legal research… The post Some GenAI to Help Your New Law Firm appeared first on My Shingle.

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What are the Steps in the Intake Process?

Lawmatics

Client intake is extremely important for law firms, as it establishes the attorney-client relationship and converts a prospect into a paying client. Although law firms traditionally completed intake manually, legal client intake automation and the use of intake process templates can dramatically streamline the process by engaging and retaining new clients faster than ever before.

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The Folly of Bragging About Long Hours

InHouseBlog

Are long hours the norm that should be celebrated? Or should we embrace AI tools that help boost productivity and give opportunities for better work-life balance? In the legal profession, thoughts like these often fly in the face of colleagues and overlords who say “if you don’t work on Saturday, don’t even bother coming in on Sunday” For many, once boundaries have eroded “ work is all that is left “ “I have a friend who’s a serial entrepreneur and

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Heirs to Author of Article That Inspired Top Gun Crash and Burn in California District Court

IP Watchdog

The U.S. District Court for the Central District of California ruled on Friday that Shosh Yonay and Yuval Yonay, the widow and son of Ehud Yonay, who authored a 1983 magazine article that inspired the renowned film, Top Gun, were not entitled to damages for copyright infringement related to the 2022 sequel to the film. Yonay authored a magazine article titled “Top Guns,” published in California Magazine on April 21, 1983, that was an account of the experiences of F-14 pilots in training at Navy’

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Thomson Reuters Launches Developer Portal Giving Access to Over 100 APIs for Legal, Tax, Risk and Fraud

Law Sites

Thomson Reuters has launched a global Developer Portal giving access to over 100 APIs, providing tax, legal, risk and fraud professionals with tools to more easily integrate their workflows with the company’s technology, data, content and insights.

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What the Heck Is a SIEM and Why Do Law Firms Need Them? Here’s Your Primer

Attorney at Work

Why are SIEMs for law firms is important? In the simplest terms, it's a security solution that detects threats before your firm is impacted. The post What the Heck Is a SIEM and Why Do Law Firms Need Them? Here’s Your Primer appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Will AI Replace Lawyers? 4 Expert Opinions

MyCase

For centuries, lawyers have been trusted advisors in navigating the legal system. However, with the rise of artificial intelligence (AI), a question looms: Will AI replace lawyers? The short answer is no, but writing off AI altogether would be a disservice to your firm and clients. AI is changing how legal professionals operate, and there’s good reason to leverage its potential.

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Which Software is Best for Business Billing at a Law Firm?

Lawmatics

Choosing the best legal software for business billing depends on various factors such as the size of the firm, specific needs, budget, and preferences. Fortunately, comprehensive legal billing software for small firms can track billable hours, generate invoices, and manage client accounts efficiently. How do You Simplify the Billing Process at a Law Firm?

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How In-House Lawyers Can Say No To Taking On More Work

InHouseBlog

It’s not easy to say no to taking on more work in a busy law department. And for some, it’s nearly impossible if you are the only attorney working for an organization. However, if you cannot do the work or do it efficiently, on-time and while fulfilling your other obligations, saying “no” is sometimes the best way to serve your client.

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Celebrating World IP Day: Is the Innovative Future Sustainable?

IP Watchdog

The World Intellectual Property Organization (WIPO) established World IP Day (WIPD) 19 years ago to celebrate the day on which the WIPO Convention entered into force: April 26, 1970. And this year, WIPO has set as the theme for World IP Day 2024, “IP and the SDGs: Building our common future with innovation and creativity.” According to WIPO’s website, in order to reach the United Nations’ Sustainable Development Goals (SDGs), “we need to re-think how we live, work and play.

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LawNext Podcast: How The Contract Network Is ‘Changing Contracts for Good,’ with Founder and CEO Jim Wagner

Law Sites

Almost exactly one year ago, a new legal tech startup, The Contract Network, came out of stealth, with a mission to “radically accelerate the time for contract negotiations” through an AI-powered contract collaboration platform where all parties to a deal engage in a secure and neutral environment.

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How to Build Self-Confidence in Two Easy Steps

Attorney at Work

How to build self-confidence by employing self-knowledge and maybe just a little wing-nut philosophy by someone who knows. The post How to Build Self-Confidence in Two Easy Steps appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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