It is one of the most-common email scams targeting law firms. An email arrives from an overseas company asking to hire you for a quick-and-easy matter, often collection of a debt or sale of equipment. If the attorney agrees, a check arrives from the purported debtor or purchaser. The attorney deposits it in trust and…
Featured Resource: Ultimate Guide to Corporate Legal Case Management Software
I noted last week the launch of the LawSites Resource Center, a library of downloadable content such as ebooks, white papers, case studies and more from experts and vendors in the legal industry. Each week, we’ll highlight one of the library’s resources.
This week’s featured resource: The Ultimate Guide to Corporate Legal…
Despite Pandemic, Companies Plan to Invest In Updating Legacy Software, New Survey Finds
Even in the midst of the COVID-19 pandemic, companies say that updating underperforming or legacy enterprise software is a priority for them in 2020, according to a survey being released today.
Their main objective in purchasing new enterprise software, more than 60% of them say, is to improve productivity, as opposed to reducing costs (20%)…
On LawNext: Mark Harris on the Post-Pandemic Tsunami for Corporate Contracts
Mark Harris is sounding an alarm – or, as he puts it, staging an intervention – for corporate counsel.
Harris and Alec Guettel, the original founders 20 years ago of alternative legal services provider Axiom and, since last year, the CEO and CFO of contract management company Knowable, have taken the unusual step…
ABA President Judy Perry Martinez on the ABA and the Profession in a Pandemic
For my weekly Law Insights program on Litera TV last week, I interviewed Judy Perry Martinez, the president of the 400,000-member American Bar Association.
We talked about how she and the ABA have responded to the pandemic, including with her appointment of the Task Force on Legal Needs Arising Out of the 2020…
Suffolk’s Legal Innovation Certificate Program Gets New Faculty Member – Me
I wrote previously about the online legal innovation and technology certificate program run by Suffolk University Law School — a series of six courses, delivered online, that teach lawyers and other legal professionals how to deliver their services more effectively and efficiently in a rapidly changing marketplace.
The program’s summer session starts May 26,…
More Firms Hit with Ransomware, As Attackers Demand One Firm Pay $42M
The spate of ransomware attacks against law firms continues, with at least two more firms hit this week and another firm, which I reported last week, now being asked to pay ransom of a sky-high $42 million or else have its celebrity clients’ privileged files released online.
I’d reported here last week of the…
California Bar Takes Giant Step Towards Regulatory Sandbox
California could become the next state, after Utah, to establish a regulatory sandbox to explore new methods of delivering legal services, after the State Bar of California Board of Trustees voted 9-2 yesterday to form a working group to explore the development of such a sandbox.
The working group will be charged with…
Dentons Adopts Litera Transact for Managing Major U.S. Real Estate Transactions
As the global pandemic has forced lawyers and clients into working from home, many law firms have realized that standard ways of closing deals and signing documents are no longer viable.
That point was driven home recently when Dentons, the world’s largest law firm, said that its U.S. real estate practice would now use…
Contract Management Company SirionLabs Raises $44M to Further Develop Its AI Platform
SirionLabs, developer of AI-powered enterprise contract lifecycle management technology, said yesterday it has raised $44 million in a Series C round, bringing its total capital raised to date to $66 million.
Yesterday, I reported on three other contract review and management companies that had financing rounds totalling $26 million, so this brings to…
We’re Back Friday: Join Us for the Legaltech Journalists’ Week-in-Review Roundtable
Last week, we tried an experiment — a live video panel of leading legaltech journalists coming together for an open, roundtable discussion of the week in review.
The experiment worked well in that we had a fairly robust discussion of the week’s top legaltech stories in front of a live webinar audience.
It would have…
Tomorrow on Litera TV, I’ll Interview ABA President Judy Perry Martinez
For my weekly Law Insights program on Litera TV, tomorrow I will interview Judy Perry Martinez, the president of the American Bar Association.
Our conversation will be streamed live tomorrow, May 14, at 9:30 a.m. CDT / 3:30 p.m. BST at Litera TV.
A lawyer who has made public service a part…
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