Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech
News
AI Lawyer Will Help Defend A Real Case - A smartphone program by DoNotPay (an AI-based legal startup) trained with the help of AI is set to help a defendant contest his case in a US court next month. More here.
Supreme Court Declines to Block WhatsApp Lawsuit - The highest court in the US has opted not to block a lawsuit brought by WhatsApp challenging the alleged mass phone hacking by Israeli spyware maker NSO Group. More here.
GDPR Tech Fines - With the news of Ireland's Data Protection Commissioner (DPC) fining Meta $410M for data breaches (and as legislation and regulation develop), take a look at the highest data breach fines in tech. More here.
Seattle Schools Sue Social Media Tech Giants - The public school district of Seattle has filed suit against the TikTok, Meta, YouTube, Snapchat and other tech giants seeking to hold them accountable for the mental health crisis among youth. More here.
Musk: 'Error' Results in Hiring Perkins Coie - Twitter CEO Elon Musk confirmed in an email last week that hiring the law firm Perkins Coie to defend the company in an California federal lawsuit was 'error on the part of a member of the Twitter team'. More here.
Mickey Mouse - Disney's copyright on the first animated cartoon to feature Mickey Mouse expires this year and will enter the public domain on January 1, 2024. Many rights to works such as Woolf's To The Lighthouse, and the last Sherlock Holmes stories by Doyle have expired already. More here.
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In-house legal professionals discuss what they do with a job offer for a dream job if the salary is not ideal.
Our anonymous In-house Fishbowl community members recently discussed the move when transitioning from BigLaw to in-house position without having been in their position for at least five years. Here is a list of the responses from others in the community.
Litigation finance has evolved into a $15.2 billion market, with many of the biggest U.S. law firms now leveraging third-party funding to pay the costs of more complex or long-running lawsuits.
Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
Law firms are creating their own in-house AI while the U.S. government launches 31 Tech Hubs.
A publication by DLA Piper - Many of the ICOs and SAFTs in 2017 were for the first amount of capital for the companies involved, and most of these companies did not have any traditional venture capital investors in their capital structure. We are seeing a new parallel trend, however, that is now emerging for startups with traditional venture capital funding: these companies are exploring how to “tokenize” their business to use blockchain technology and raise non-dilutive capital through a token generation event. These hybrid token offerings raise numerous questions for traditional investors.
The Princeton Review rankings for 2024 examines law student ratings of their professors’ teaching abilities and their accessibility outside the classroom.
The BRG report reveals a widespread lack of confidence among executives and legal professionals in organizations' ability to comply with current AI regulations.