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May 30, 2024 | Legaltech News

Gartner Predicts Legal Tech Market Will Hit $50 Billion by 2027. Is That Realistic?

A report by Gartner predicts that generative AI will fuel a rapid rise in legal tech spending over the next few years. But some aren't so sure the technology can boost the market that far, that fast.
6 minute read
May 30, 2024 | Legaltech News

KKR Fund Acquires Majority Stake in CLM Provider Agiloft

As a part of the deal, FTV Capital will make an additional investment in the company, and JMI Equity, a growth equity firm focused on investing in software companies, will join on as a new investor.
2 minute read
May 30, 2024 | Daily Report Online

Fulton Election Board Member Abstains From Certifying Primary Election

The other four members, including Republican-appointed Michael Heekin, voted to certify the results in what Elections Director Nadine Williams called a "very successful election."
4 minute read
May 30, 2024 | New York Law Journal

Nadine Menendez Finds New Counsel as Ex-Attorneys Withdraw Over Conflict

Menendez' new lawyer is longtime criminal defense attorney Barry Coburn of Coburn, Greenbaum & Eisenstein, which has offices in New York and Washington, D.C.
3 minute read
May 30, 2024 | New York Law Journal

UBuffalo Law School Faculty Petition School to Drop Charges Against Protesters

The 15 people who were arrested, which includes seven students, were due to be arraigned June 4 in Amherst Town Court.
4 minute read
May 30, 2024 | National Law Journal

AI's Threat to Innovation, Ideas Requires Strong Antitrust Oversight, Says DOJ's Kanter

"Effective antitrust enforcement often coincides with major industrial and technological change," Assistant U.S. Attorney General Jonathan Kanter said.
3 minute read
May 30, 2024 | New York Law Journal

Trump Found Guilty by Manhattan Jury on 34 Felony Counts in Fraud Case

Trump, 77, was found guilty of 34 counts of falsifying business records. Prosecutors persuaded the jury that he conspired with others to "catch and kill" negative stories about himself during the 2016 presidential election cycle, thereby unlawfully influencing the election.
4 minute read
May 30, 2024 | The American Lawyer

Taft Stettinius & Hollister Continues Expansion With 6 Lawyers From Ice Miller

"We're trying to become one of the dominant firms in the middle market in the United States, and today we're well on our way," Taft chair and managing partner Robert Hicks said.
3 minute read
May 30, 2024 | National Law Journal

US Supreme Court Reverses 2nd Circuit's Invalidation of NY Escrow Law

In a unanimous decision, the U.S. Supreme Court revived a class action against Bank of America over its alleged failure to pay interest on mortgage escrow accounts.
2 minute read
May 30, 2024 | Texas Lawyer

Nazi-Stolen Painting to Remain at Museum After Federal Court Appeal

The trial court ruled it was barred by "act of state doctrine," which, prohibits American courts from sitting in judgment on the acts of another government acting within its own territory.
5 minute read

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