It was every lawyer’s worst nightmare. The headline in The National Law Journal last September summed it up: “Wilmer ‘Inadvertently’ Leaks Pepsi Client Secrets to Wall Street Journal.” A lawyer at one of the nation’s most prestigious law firms inadvertently sent privileged and highly sensitive client documents to a Wall Street Journal reporter. How…
Law Firm Innovation? We’re Not Seeing It, Says Survey of Corporate Counsel
A 2017 Altman Weil survey found that half of law firms say they are actively engaged in creating special projects and experiments to test innovative ideas and methods. But a newly released survey finds that the corporate clients of those law firms are seeing little or no actual change in how law…
New Tool from Wolters Kluwer Tracks Changes to Estate and Gift Tax Laws
The Tax Cut and Jobs Act that took effect Jan. 1 made major changes to U.S. tax laws, including with regard to estate and gift taxes. Needless to say, attorneys who practice in this area need to be well versed in the changes and their implications. A new tool launching this week from Wolters…
GDPR Platform Launching Today Generates Full Set of Compliance Documents
With the May 25 deadline fast approaching for companies to comply with the European Union’s General Data Protection Regulation, many smaller companies have yet to take action, stymied in part by the high cost of compliance. A recent survey by the law firm Paul Hastings said that Fortune 500 companies will…
Law Society of Alberta Approves CosmoLex for Trust Transaction Reporting
The practice management platform CosmoLex has been approved by the Law Society of Alberta as a software vendor for its Electronic Trust Transaction Reporting Program.
The approval means that the Law Society has certified CosmoLex as compatible and in compliance with its requirements for uploading trust transaction data. The Law Society requires…
TimeSolv CEO Is On A Mission To Promote Fixed-Fee Billing
Raza Hasan is a proselytizer for fixed-fee billing. Which may seem odd, given that his company, TimeSolv, sells a product for lawyers to track their time by the hour. But what is not so obvious is that the same product can be used to bill on a fixed-price basis – and to…
Friday Roundup: Bots, Cases, Treatises and Lindsay Lohan
Catching up on some recent stories of note.
Twitter bot follows big cases. The aptly named Big Cases Bot follows major cases in the Supreme Court, federal circuit courts and federal district courts, including Mueller prosecutions and challenges to Trump’s executive orders. The full list of cases it is following can be seen
Finalists Announced in Global Legal Hackathon
The Nigerian winning team, Team Lemon.
The Global Legal Hackathon has announced the 14 teams selected to go on to the final round gala April 21 in New York, where they will pitch to a global panel of judges in front of a live audience. The list of finalists is below.…
Major E-Discovery Companies Merge to Create 2,500-Employee Global Operation
Two major e-discovery companies, Consilio and Advanced Discovery, today announced their merger to form a combined operation that will consist of over 2,500 employees, 14 data centers and 23 document review facilities in 11 countries.
The merger includes a new partnership with GI Partners, a private equity firm based in San Francisco. Under the…
Three Four Upcoming Law School Conferences on Innovation in Law
[Updated to add Vermont Law School’s conference.]
Lest you were wondering whether innovation is a hot topic in the legal field, here are three four conferences law schools are hosting this spring on the topic of innovation in law practice and technology.
#VLSLegalTech: Disrupt the Stone Age. This Friday, March 23, Vermont Law School…
After Jared Kushner’s Downgrade, Here Is An In-Depth Look At National Security Clearances
In the wake of news that Jared Kushner, the president’s son-in-law and senior advisor, had been downgraded from his top-secret security clearance, we take an in-depth look at the security clearance process on the latest episode of the legal-affairs podcast Lawyer 2 Lawyer. What are they levels of security clearances? How are…