Jul 31, 2024 View in Browser

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Legaltech News Morning Update
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A Message From the Editor

Good morning. The American Bar Association issued its first ethics opinion this week regarding lawyers' use of AI. In today's featured article, The American Lawyer's Mimi Lamare takes a close look at what the opinion had to say about two issues at the top of the list for most large law firms: billing and fees related to AI-supported legal work.

– Stephanie Wilkins, Editor-in-Chief, Legaltech News

 

Artificial Intelligence | News

'Risk in AI': Law Firm Billing Will Need to Adapt

By Mimi Lamarre

A new ABA ethics opinion touches on the ethics of billing for AI-supported work.... Read More
 

Automation | Analysis

Legaltech Hub Releases In-Depth Competitive Analysis on Due Diligence Automation Providers

By Stephanie Wilkins

The second in a series of market analyses by LTH looks at key players in the... Read More
 

Antitrust | Analysis

CrowdStrike Glitch Highlights Risk of Single Point of Failure in Cybersecurity

By Maria Dinzeo

Competition regulators took notice when a faulty software update from CrowdStrike,... Read More
 

Artificial Intelligence | Q&A

Women of Legal Tech: 'Don't Second-Guess Yourself,' Says Mollie Nichols

By Alma Asay

Redgrave Data CEO Mollie Nichols describes her "a-ha" moment for building a... Read More
 

Big Data

Settlement Dilemma in Data Breach Actions: Risk, Strategy, and Legal Insights

By Tommaso Baronio

Companies are constantly under attack from hackers, as data breaches have become... Read More
 

Legal Technology | News

Paxton AI Launches A 'Confidence Indicator', Seeking to Bring Transparency to AI Accuracy

By Isha Marathe

The Confidence Indicator works by sorting the legal research outputs into low,... Read More

Save the Date

Mark Your Calendar | Legalweek Heads Back To March For 2025

Described as the "best gathering place for many of the leading legal minds across the industry," Legalweek returns to New York City, March 24-27, 2025! Save the date for this week-long legal event where you’ll dive deeper into your professional development, explore topics and strategies tailored specifically to your role, and gain the tools to get legal business done. Registration is coming soon! Learn More

Resources

WEBCAST DATE: September 10, 2024

Beyond the finish line: Why the real race begins with CLM Post-Implementation Support

Join an insightful webcast where industry experts will delve into the critical importance of a CLM post-implementation strategy. Learn More

WEBCAST DATE: September 12, 2024

Emerging Technologies and Best Practices for Data Governance in Law Firms

Join an insightful webcast where industry experts will reveal the latest trends and best practices in emerging technologies and data governance for law firms. Learn More

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The Looming Shadow of Consolidation | Law.com International

Law firm strategy has never been so focused on mega scale as it is today, writes... Read More

The Art of Drafting Enforceable Prenups | New York Law Journal

New York Law Journal

Even though it is very difficult to set aside a New York prenup, it is not impossible. Read More

The Future Is Loper Bright: A Brief Examination of the FTC’s Competition Rulemaking Authority in the Post-‘Chevron’ Era | New York Law Journal

New York Law Journal

This article considers what deference the FTC actually enjoyed under 'Chevron',... Read More

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