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BigLaw Litigation Finance Funding Hits $2.8B - In 2021, U.S. litigation funders committed to $2.8B in new deals, up 11% from 2020. More here.
DOJ Accuses Google of Hiding Business Communications - The DOJ wrote in its brief that Google teaches employees to request advice from counsel around sensitive business communications, thereby shielding documents from discovery in legal situations. More here.
40 States Have Now Adopted Duty of Technology Competence for Lawyers - Hawai'i has joined the total number of states requiring lawyers to maintain ongoing requisite technological knowledge and skill in law and practice. More here.
PandaDoc + LiveNotary - The document automation company announced its acquisition of the remote online notarization software company this week. More here.
Most AMLaw 50 Firms Are Matching Cravath Scale - Wilson Sonsini is the latest firm to raise salaries to match the now-prevailing Cravath scale, with entry-level attorneys being paid $215,000. More here.
Employment Legislation Heats Up in the Metaverse - In recent years with changes in digital communication, the gig economy, and remote/hybrid working during the pandemic, employment legislation has had to be on its toes. Now, the advent of the virtual workplace is creating unprecedented challenges. More here.
Law Firm Cyberwarfare Risk Abounds With Ukraine-Russia War - Biden issued a warning to the American private sector this week to raise digital defenses and prepare for a Russian cyberattack. More here.
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In the competitive world of legal leadership, the role of a General Counsel (GC) stands out as a coveted position. However, the path to this pinnacle is not merely about legal acumen but encompasses a blend of soft skills, strategic decisions, and a dash of the 'wow' factor.
Collaborations between competitors could inadvertently lead to antitrust violations.
Intellectual property management solutions company Anaqua announced that it plans to be acquired by Nordic Capital, a private equity investor, which will allow it to elevate its technology offerings and widen its clientele.
The European Union’s (EU) new Digital Operational Resilience Act (DORA) will go into effect in January 2025. Our Privacy, Cyber & Data Strategy Team digs into DORA and discusses how the new law may impact businesses inside and outside the EU.
Sidley Austin, a leading law firm, recently undertook a groundbreaking experiment to evaluate the efficacy of GPT-4, the latest generative AI model from OpenAI, in the realm of e-discovery and document review. This article delves into their findings, shedding light on both the advantages and limitations of employing GPT-4 for legal document review.
There's a growing shift towards insourcing and a strategic reduction in external law firm engagements.
Crypto platforms could face claims worth billions of dollars for violating users' privacy.
Any background music you play while streaming on online platforms such as Twitch or Youtube is subject to copyright law. Often, online platforms implement audio recognition systems to automate the detection of copyright infringement.
