Fri.Jun 21, 2024

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A Slow Year for Legal Tech Funding? Over $400 Million Invested in the Last 30 Days Suggests Otherwise

Law Sites

Investments in legal tech got off to a slow start in 2024. A Crunchbase report just last week said that legal tech startups had raised only $356 million this year, compared to $871 million last year.

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5 Ways to Create a Productive Workspace

Attorney at Work

Jamie Spannhake | Transform your workspaces — in the office and at home — into hubs of productivity and comfort. The post 5 Ways to Create a Productive Workspace appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Apple Intelligence: High Demands but Higher Rewards

Complex Discovery

Editor’s Note: Apple’s latest unveiling at WWDC 2024 has generated significant buzz. Apple Intelligence, the company’s new on-device AI feature, is poised to revolutionize the way users interact with their devices. This article delves into the high demands and even higher rewards associated with this cutting-edge technology, offering insights into its potential impact on cybersecurity, information governance, and eDiscovery professionals.

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Document Management Doesn’t Have to Be Stressful

Attorney at Work

Product Spotlight | Law firms spend approximately 3% of their revenue on document management. Streamline with secure storage and effortless retrieval. The post Document Management Doesn’t Have to Be Stressful appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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Cyber Diplomacy: A New Frontier in International Relations and Professional Practice

Complex Discovery

Editor’s Note: This article underscores the growing significance of cyber diplomacy in the context of global security and international relations. As cyber threats become increasingly sophisticated and pervasive, the need for effective diplomatic strategies to address these challenges has never been more urgent. George Christou’s recent publication, “Cyber Diplomacy: From Concept to Practice,” part of the Tallinn Papers series by the NATO Cooperative Cyber Defence Centre

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Panel of AI Experts for Lawyers: Custom GPT Software Is Now Available

E-Discovery Team

We are giving away the most powerful AI tool we have seen so that every lawyer can improve their game. The law and quality legal professionals are needed more now than evert before. We must adopt change and make sure AI is used responsibly.

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Anti-ESG laws challenge fiduciary obligations, add reporting burden

Legal Dive

The impact of anti-ESG legislative efforts is uncertain and could affect capital availability for businesses and investment vehicles that have a sustainability or social focus, experts say.

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AIG Fends Off Appeal From Former Lawyer in Whistleblower Case

Securities Docket

The former head of AIG’s legal operations center failed to show he reasonably believed he was reporting securities violations, dooming his bid to revive a whistleblower suit, a federal appeals court said Thursday. The worker lost his job a few months after AIG’s compliance team finished investigating his conflict-of-interest concerns. But a reasonable jury couldn’t conclude the lawyer thought he was reporting violations of federal law or that AIG retaliated against him because he initiated a whi

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Citi fined $13.9M by Germany’s BaFin over 2022 flash crash error

Legal Dive

The penalty, announced Thursday, came two days after two British regulators fined the bank £61.6 million ($78.4 million) for the same instance.

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U.S. House Members Visit Detained Binance Exec Tigran Gambaryan in Nigeria, Call for Release

Securities Docket

U.S. lawmakers Rep. French Hill (R-Ark.) and Rep. Chrissy Houlahan (D-Penn.) visited Tigran Gambaryan in a Nigerian prison on Wednesday as the Binance executive remains incarcerated facing money-laundering charges due to his involvement with the crypto exchange. Visiting the country to discuss anti-terrorism efforts,”we also had the opportunity to advocate for an American that’s been wrongfully detained by the Nigerian government in the horrible prison that we got to go see, thatR

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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Spouses, College Grads Among Those Who Benefit From Biden's New Immigration Measures

Practice of Law

If you are an undocumented migrant married to an American, and you were already in the United States by June 17, 2014, there is good news. President Joe Biden announced that those spouses who meet the eligibility criteria will be eligible to get a green card without having to travel to their country of origin to make the request. It is currently possible to obtain lawful permanent residence status as the spouse of a U.S. citizen.

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California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

Securities Docket

In her Thursday ruling, Hamilton said that Ripple’s lawyers urged her to “follow the reasoning” of U.S. District Court Judge Analisa Torres who, in a parallel case in the Southern District of New York (SDNY), ruled that XRP did not meet all the prongs of the Howey Test when sold directly to retail participants on crypto exchanges. Torres’ ruling constituted a partial victory for Ripple, and was celebrated by many in the crypto industry as a step in the right direction for long-awaited regulatory

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Biden Admin Calls on Congress to Tighten Gun Laws After Supreme Misfire on Bump Stocks

Practice of Law

The U.S. Supreme Court's decision last Friday undid a major regulation of bump stocks — and the White House is upset about it. Let's take a look at the background and the ruling and what legislators on Capitol Hill might do about it. The Legal Loophole What’s a machine gun? In federal law, the National Firearms Act of 1934 (NFA) sheds some light. The NFA regulates certain types of firearms considered especially dangerous, including machine guns, short-barreled shotguns, and silencers.

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Selective Disclosure of Information Regarding Cybersecurity Incidents

Securities Docket

Last year, the Commission adopted rules requiring public companies to disclose material cybersecurity incidents under Item 1.05 of Form 8-K.[1] Since then, staff in the Division of Corporation Finance have heard assertions that those rules may preclude a company from sharing additional information about a material cybersecurity incident with others, including their commercial counterparties.

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Culture wars are invading the workplace. Call the lawyers.

Legal Dive

Trump and Biden aren’t just a voter problem. Politics is creating “cultural flashpoints” as personal political expression roils many companies.

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SEC’s AI Crackdown Signals Trickle of Cases Will Turn to Flood – Bloomberg

Securities Docket

A spate of recent US enforcement actions is likely just the beginning of a crackdown on companies overhyping artificial intelligence to investors. Since March, the Securities and Exchange Commission has accused three companies of so-called AI washing, or misrepresenting how they use machine learning and other tools. The moves follow multiple warnings from Gary Gensler, the agency’s chair, and the regulator’s top enforcement attorney over misstatements around the technology.

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Santander Culls WhatsApp From Spanish Investment Bank Phones – Bloomberg

Securities Docket

Banco Santander SA has removed popular messaging software including WhatsApp from smartphones issued by the company to its investment bankers in Spain, the latest sign of how banks are clamping down on staff communications. The Spanish lender has recently told the investment banking staff at its Madrid headquarters that unauthorized messaging software needs to be deleted, people familiar with the matter said.

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Trump Media Auditor’s Shutdown Strands Nearly 40% of Ex-Clients

Securities Docket

Donald Trump’s social media company secured a new auditor within days of the SEC shuttering the firm that had vetted its books. Nearly 40% of BF Borgers CPA PC’s other clients haven’t been so lucky. Scores of the approximately 180 companies audited by the Colorado firm the Securities and Exchange Commission called a massive fraud and “sham audit mill” in early May have yet to announce they’ve hired new auditors, a Bloomberg Tax analysis found.