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Empowering Legal Professionals: Navigating AI Solutions for Efficiency and Data Security
Integrating AI tools into legal practice without compromising the security of sensitive client information is a paramount concern. In this article, we'll examine how AI is revolutionizing certain aspects of legal work, while offering best practices for employing these technologies and providing guidance for legal professionals in selecting the right AI products and service providers.
How to Manage Outside Counsel Spend—With the Help of Legal Technology
Here are three strategies legal teams can adopt to operate much more independently and optimally, and become far less reliant on outside counsel.
Matrimonial Attorney Confuses Annulment With Declaration of Nullity of Void Marriage
Joel R. Brandes responds to Michael Liptrot's article, "Differences Between Annulment and Divorce", which the New York Law Journal published on April 8.
Thomson Reuters Expands CoCounsel to All Business Segments, Adds New Gen AI Legal Capabilities
In addition to introducing three new skills for legal and tax professionals in the U.S. and U.K., Thomson Reuters announced plans to roll out the CoCounsel generative AI assistant across every professional line it serves, including risk, fraud and media.
Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?
For the first time, law firms added nearly as many nonequity partners as they did associates.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?
For the first time, law firms added nearly as many nonequity partners as they did associates.
Retirement Succession Can Hedge Against Lateral Partner Acquisition Risks
While growing by acquiring lateral partners and practice groups can be lucrative, it carries many risks. Lateral candidates' projections of the revenue they will bring to a new firm can prove inaccurate, or a particular candidate may simply be a bad fit culturally.
Legal Tech Rundown: Harvey Acquisition, Relativity Hire, Thomson Reuters API Portal, and More
An update on the legal tech market's past few weeks, from product launches to new partnerships.
140 Lawsuits: Is This Attorney Monetizing Daniel's Law?
"While Daniel's Law was passed with the worthy purpose of protecting public servants ... [these] lawsuits have little to do with this goal," one defense attorney wrote.
Midsize Firms Poised to Gain Market Share as Big Law Sheds Rate-Sensitive Practices
Another year of strong rate increases for Big Law means continued pressure on practices that can't sustain firmwide increases—and opportunities for midsize firms with greater flexibility.TRENDING STORIES
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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Countdown to Compliance: SEC Private Fund Reforms
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