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4 Questions Financial Services Counsel Should Consider Before Implementing AI

Zach Warren | August 17, 2018

According to the panelists on a Mayer Brown webinar, financial services doesn't need to fear implementing artificial intelligence—as long as they're smart about the risks.

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Lawyers Can Use Facebook for Legal Questions, Texas Ethics Panel Says

John Council | August 17, 2018

An opinion from the State Bar of Texas’ Professional Ethics Committee essentially blessed lawyers’ use of attorney internet forums to get answers to tricky legal questions, as long as the query does not give up too much about their client’s identity.

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Advertiser Class Action Claims Facebook Overestimates Audience Size

Ross Todd | August 16, 2018

The suit claims that Facebook's estimated reach among the key 18- to 34-year-old bracket exceeds the actual population of that demographic group in every state in the U.S.

News

Clio Integrates With Its First On-Demand Legal Service Provider

Rhys Dipshan | August 16, 2018

For a young company like Lawclerk, the integration provides an opportunity to expand its exposure and potentially define its future growth. And from Clio's standpoint, it's about working with companies that are "pushing the boundaries of innovation in legal technology."

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New Analytics Tools Aren't Part of Most Compliance Updates, Study Says

Phillip Bantz | August 16, 2018

While companies procrastinate on using regtech, legal departments and other "second lines" of defense are being asked to shoulder much of the compliance responsibility burden.

News

Investor Sues AT&T for $224M in 'SIM Swap' Cryptocurrency Fraud

Ross Todd | August 16, 2018

Entrepreneur Michael Terpin sued the phone carrier, claiming that it should be held liable for fraudsters who hijacked his mobile phone number to steal about $24 million worth of cryptocurrency. The suit also seeks $200 million in punitive damages.

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Royal Bank of Scotland: $4.9B Lesson for General Counsel on Misconduct, Dumb Emails

Sue Reisinger | August 15, 2018

According to the massive DOJ settlement, RBS didn't just commit fraud—its employees also chatted about it via email and text.

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New Startup Wants to Secure Smart Contracts, Closes $1.25M in Funding

Rhys Dipshan | August 15, 2018

Sagewise looks to offer a set of tools to fix security holes in smart contracts and resolve disputes stemming from unauthorized executions of such contracts.

News

Uber Hires Former NSA General Counsel as New Security Chief

Caroline Spiezio | August 15, 2018

Matthew Olsen will now serve as Uber's top security boss, replacing Joe Sullivan, who was fired late last year after a previously undisclosed data breach at Uber became public.

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SEC Sees No 'Flawless Background,' Calls an Tomahawkcoin an Unregistered Security

Ross Todd | August 15, 2018

According to the SEC, the TOM tokens were an unregistered security since they presented "a transferable share or option on a security."

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Mozilla Nabs Twitter Deputy GC as Next Top Lawyer

Caroline Spiezio | August 14, 2018

The efforts to browse for a new in-house boss are over for Mountain View, California-based Mozilla.

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Year Two of BYU's LawX Initiative Has a New Focus and a New Partner: The University of Arizona

Zach Warren | August 14, 2018

In fall 2018, BYU and Arizona will develop parallel classes that explore solutions to reduce evictions in Utah, Arizona and beyond.

News

Reed Smith's Tech Summer Associate Program Deemed a Success, Will Return Next Year

Meghan Tribe | August 14, 2018

After a successful launch, the firm said it's already seeing some "exciting" resumes for next year's legal technology summer associate program.

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Facebook Wants Derivative Suit Over Privacy Breaches Tossed to Delaware

Tom McParland | August 13, 2018

Facebook's Gibson, Dunn & Crutcher attorneys said a clause in the company's charter designated the Delaware business court as the "sole and exclusive forum" for litigating derivative cases against members of the board.

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Updated: As Part of EY Acquisition, Riverview Law Extends Kim Technologies Partnership

Rhys Dipshan | August 13, 2018

The new contract allows Riverview to leverage Kim’s AI technology in its offerings well into the next decade, but enables Kim to partner with other legal managed services providers as well.

News

Newspaper Sues Former Employee Over Twitter Account, Charging Trade Secret Violations

Rhys Dipshan | August 13, 2018

The owner of The Roanoke Times alleges reporter Andy Bitter illegally kept his Twitter account when he left, and the case may have far-reaching consequences for the business use of social media accounts.

News

Squire Patton Boggs Acquires Silicon Valley-Based IP Boutique

Xiumei Dong | August 13, 2018

For the third time in three years, the global legal giant has absorbed a smaller firm in the Bay Area.

News

Salt Licked: Utah Firm Eats Idaho Shop Amid Tech Push

Roy Strom | August 10, 2018

In acquiring a competitor, Parsons Behle & Latimer is pursuing a decades-old growth strategy. At the same time, it’s testing a new path to prosperity: automation.

News

The Reviews Are in: EY's Acquisition of Riverview Law Has Grabbed Legal Departments' Attention

Dan Clark | August 10, 2018

Asked about EY's latest move into the legal market, one GC said the idea of having legal service providers only owned and operated by lawyers is "narrow-minded and dated."

News

ILTA CEO Announces Resignation Days Before ILTACON Conference Begins

Zach Warren | August 09, 2018

The resignation of Dan Liutikas, who had assumed the role in April 2017, represents the second straight year of an executive change in the weeks before the show.

News

What the Elon Musk's Tesla Tweet Can Teach GCs About Damage Control

Caroline Spiezio | August 09, 2018

When Musk tweeted about potentially taking his company private this week, the world listened. And it's likely his in-house lawyers had to step up their game.

News

NYC Council Puts New Regulations on Ridesharing, With One-Year Vehicle Freeze

Andrew Denney | August 09, 2018

The New York City Council has approved a package of bills to regulate Uber and other ridesharing services, including a first-of-its-kind, one-year freeze on the number of vehicles allowed on the city streets.

News

Riders Want Their Day in Court, but Uber Moves to Arbitrate Data-Breach Class Actions

Amanda Bronstad | August 08, 2018

The dispute stems from Uber's announcement that hackers had stolen the personal information of 57 million drivers and riders in 2016, and that it had paid them $100,000 to destroy the information.

News

Federal Judge Skeptical of Groupon's Attack on Closely Watched Patent Infringement Verdict

Tom McParland | August 08, 2018

Delaware Judge Leonard P. Stark expressed skepticism at Groupon Inc.'s attempt to roll back an $82.5 million verdict for willfully infringing four IBM patents that date back to the early days of the internet.

Analysis News

A Big Four-Branded New Law Competitor Could Be a ‘Safe Disruptor’

Roy Strom | August 08, 2018

Ernst & Young is the first of the Big Four to acquire a managed services firm. What happens next?

News

'Hard to Undo': Defense Condemns Criminal Cybersnooping Case Dismissed Against Pediatric Surgeon

Raychel Lean | August 08, 2018

Alex Fox of LewisFox Attorneys at Law in Miami secured dismissal for pediatric surgeon Dr. Colin Knight, whose ex-girlfriend accused him of accessing her home security cameras — but not before the case against Knight got national media coverage.

News

Trump's NLRB Is Taking New Look at Restricting Workers' Electronic Communication

Erin Mulvaney | August 07, 2018

Can employees use corporate email and other forms of electronic communication to discuss their workplace? The National Labor Relations Board tees up a fresh test about the scope of protections for employee speech on company property.

News

There's Still Work to Be Done for a 'Defensible' GDPR Position, Deloitte Survey Finds

Zach Warren | August 07, 2018

Many company compliance programs cannot yet handle the full scope of the GDPR, let alone new regulations that may mirror its guidance in other jurisdictions, the survey found.

News

Gig Companies Fight California Labor Ruling, Fearing Litigation 'Onslaught'

Cheryl Miller | August 07, 2018

"The time to act is now, before work opportunities are destroyed, and before the trial lawyers start crushing businesses with an onslaught of litigation," companies and business advocates contend, fighting a new California Supreme Court ruling that could upend the business models of gig companies.

News

Latham Nabs Facebook's Go-To Deal Lawyer From Fenwick

Xiumei Dong | August 06, 2018

Greg Roussel, who is known as Facebook's go-to lawyer, has left Fenwick & West to join Latham & Watkins' Silicon Valley office.

News Update

Cisco, Arista Settle IP, Antitrust Disputes With Arista Paying $400M

Scott Graham | August 06, 2018

According to a joint statement from the parties, Arista will pay Cisco $400 million, maintain the product modifications required by U.S. International Trade Commission rulings, and make "limited changes to further differentiate its user interfaces from Cisco's."

News

Ex-Client of Morgan Lewis Takes Discovery Issue to Superior Court

Lizzy McLellan | August 03, 2018

Towers Watson & Co. is appealing an order from June, in which the court granted in part Morgan Lewis' motion to compel.

News

Paul Hastings to Offer Free Legal Services to Startup Industry

Rhys Dipshan | August 03, 2018

The firm's launch of Ignite seeks reach a potentially large number of future paying startup clients, a strategy that has been used by a growing number of law firms.

News

Apple Faces $145M Patent Infringement Verdict Over Voice-Over LTE Technology

Ian Lopez | August 03, 2018

A jury found Apple infringed on voice-over LTE technology, particularly on two WiLAN patents covering technology in various iPhone 6 and 7 models.

News

One CLO Tested His Employees’ GDPR Knowledge and Was ‘Shocked’ at What He Found

Phillip Bantz | August 02, 2018

John Boswell, CLO of SAS Institute Inc. recently told Corporate Counsel about the valuable lessons he's learned since the GDPR became reality.

News

The Greatest Risk to Data Security? It's People and Their Feelings

Dan Clark | August 02, 2018

A new report from Code42 indicates that the more human aspects of data security may be the most dangerous.

News

In Tezos ICO Case, Judge Ponders New Questions Raised by Crypto-Offerings

Ross Todd | August 01, 2018

"In this instance, I'd rather just hear argument," said U.S. District Judge Richard Seeborg, who often announces a tentative ruling in beginning arguments.

News

A Trans-Atlantic Acquisition Shows Divide in US, UK Legal Tech Adoption

Roy Strom | August 01, 2018

HighQ is hoping to match the success it has had across the pond by acquiring stateside competitor Legal Anywhere.

News

Cloud Adoption Lags in Move to Streamline In-House E-Discovery Operations

Rhys Dipshan | August 01, 2018

The 2018 Corporate E-Discovery Benchmark Report found that despite a desire to modernize e-discovery operations, most companies are holding off on leveraging cloud technology for internal efficiencies.

News

Federal Judge Grants Temporary Restraining Order on 3-D Printed Guns

Dan M. Clark | July 31, 2018

U.S. District Judge Robert Lasnik of the Western District of Washington granted a temporary restraining order to nine state attorneys general who sought in a lawsuit on Monday to permanently stop those files from being shared nationwide.

News

FTC Mum on Data Privacy Next Steps After Appeals Court Loss

C. Ryan Barber | July 31, 2018

The FTC elected not to ask the full U.S. Court of Appeals for the Eleventh Circuit to review a ruling that erased the agency’s enforcement action against LabMD Inc. Still, FTC chair Joe Simons said recently that "privacy and data security will continue to be an enforcement priority."

News

LexShares Provides Closer Look at Litigation Funding Sourcing Technology

Roy Strom | July 31, 2018

Artificial intelligence may be helping to find potential litigation investments, but it is a long way from making investment decisions on its own.

News

Need Legal Advice in China? Ask a Robot

John Kang | Anna Zhang | July 31, 2018

In the remote Chinese province of Qinghai, robots are helping provide legal services to people who live in areas with few human lawyers.

News

LegalZoom Announces $500 Million Investment, Among Largest in Legal Tech History

Zach Warren | July 31, 2018

The investment, led by Francisco Partners and GPI Capital, puts the company at a $2 billion valuation and comes four years after a deal that valued the company at $425 million at the time.

News

Dean Gonsowski Shifts Away From E-Discovery to Become 'Connective Tissue' at Active Navigation

Zach Warren | July 31, 2018

Gonsowski, formerly with Relativity and Recommind, has joined file analysis software provider Active Navigation as chief revenue officer. There, he will lead the company’s sales, marketing and customer success initiatives.

News

Does the US Need Its Own GDPR? The Legislation's Only Beginning

Dan Clark | July 31, 2018

Proponents of a unified U.S. data law cite an anti-regulatory environment in Washington as a major obstacle.

News

Major Companies Resist Potential Class of Millions in Facebook Job Ad Case

Erin Mulvaney | July 31, 2018

Lawyers for Amazon, T-Mobile and Cox contend a proposed class action targeting advertising practices on Facebook is "vague" and "subjective."

News

E-Discovery Market's Demand Attracting More Investors Than Ever Before

Rhys Dipshan | July 30, 2018

Private equity firms have flocked to investment e-discovery companies over the past few years, attracted by the e-discovery market’s strong demand and potential for growth.

News

Chhabria Appoints Pair to Lead Cambridge Analytica Lawsuits Against Facebook

Amanda Bronstad | July 27, 2018

A federal judge in California has appointed two lawyers to lead class actions brought against Facebook Inc. over the Cambridge Analytica scandal over misuse of user data.

News

First Suit Over Facebook's Stock Plunge Is Filed in Manhattan Federal Court

Michael Riccardi | July 27, 2018

The complaint comes after the social media giant lost nearly $100 billion in stock value in one day.

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