Tue.Jul 23, 2024

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Clio Sets Legal Tech Funding Record with $900M Raise at $3B Valuation; LawNext Has Exclusive Podcast Interview with Founder Jack Newton

Law Sites

The law practice management company Clio today announced a record-setting raise of $900 million, at a valuation of a whopping $3 billion, in an oversubscribed Series F investment round that the company says will accelerate its ability to continue to build and develop its multi-product platform and expand its market both to larger firms and […]

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Will Your Paralyzing Fear of Zoom Ruin Your Life?

Attorney at Work

Fear of Zoom can leave you frozen like your Wi-Fi dropped out. But you can conquer Zoom anxiety with these five tips. The post Will Your Paralyzing Fear of Zoom Ruin Your Life? appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Exclusive LawNext Interview: CEO Jack Newton on Clio’s Record-Setting $900M Raise

Law Sites

As the law practice management company Clio today announced a record $900 million funding round, the largest ever for a cloud legal technology company, at a whopping $3 billion valuation, Clio’s founder and CEO Jack Newton joins LawNext for an exclusive podcast interview.

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Discovery About Discovery – When Was Duty to Preserve Triggered?

E-Discovery LLC

In Linet Americas, Inc. v. Hill-Rom Holdings, Inc., 2024 WL 3425795 (N.D. Ill. Jul. 15, 2024), the court “allowed [defendants] Hillrom to take limited discovery about when [plaintiff] Linet’s duty to preserve may have arisen….” In short, the court authorized discovery of privilege-log-type information, such as when plaintiff communicated with counsel prior to suit and the general subject-matter of those communications.

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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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UK Water Companies Lambasted by Environment Agency for Sewage Releases

Insurance Journal

Britain’s Environment Agency on Tuesday lambasted the country’s water companies for spewing sewage into rivers and seas, saying the majority of them were failing to get the basics right, as it outlined plans for a tougher regulatory approach.

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JHC Attorney Dionne Scherff Receives the 2024 Clarence Darrow Award

Joseph, Hollander & Craft

OVERLAND PARK, Kan. – Joseph, Hollander & Craft (JHC) is proud to announce that Overland Park criminal defense attorney Dionne Scherff recently received the 2024 Clarence Darrow Award from the Kansas Association of Criminal Defense Lawyers (KACDL). Founded in 1988, KACDL is a non-profit organization of criminal defense lawyers and related professionals in Kansas.

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Massie Tells House IP Subcommittee Witnesses He’s ‘Appalled’ By Proposals to Rein in ITC’s Patent Powers

IP Watchdog

The House Judiciary Committee’s Subcommittee on Courts, Intellectual Property and the Internet today held a hearing, titled “IP Litigation and the U.S. International Trade Commission” (ITC), featuring four witnesses, most of whom were advocating for reforms to the current ITC process that many would characterize as anti-patent. Subcommittee Chair Darrell Issa (R-CA) explained that “recently there has been a growing chorus of voices suggesting the ITC is being misused for purposes other than its

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‘Surface Waters’ on Roof Are Not ‘Flood’ Waters, Massachusetts High Court Rules

Insurance Journal

The highest court in Massachusetts has ruled that rainwater accumulation on roofs of buildings does not constitute “surface waters” within the meaning of “flood” in property insurance policies.

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Legal tech firm Clio nabs $3 billion valuation with new funding

Legal Dive

The $900 million injection is a record for cloud-based legal technology, and will enable global expansion, the software maker said.

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How California’s Homeowners Insurance Crisis is Affecting Brokers

Insurance Journal

A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on regulations and wildfires.

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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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THE JOINT MEETING OF EXPERTS AND THE JOINTLY INSTRUCTED EXPERT: WEBINAR 29th JULY 2024

Civil Litigation Brief

I was a more than a little shocked to read the judgment in Glover & Anor v Fluid Structural Engineers & Technical Designers Ltd & Ors [2024] EWHC 1257 it is a case that shows that lawyers are still making.

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J.D. Power: Auto Insurance Shopping Hits New High, Could Drop With Rate Adequacy

Insurance Journal

The national auto insurance shopping and quoting rate reached a new high between April and June, but many insurers appear to have achieved or are approaching rate adequacy, “which should lead to less rate activity and perhaps less shopping in …

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THE CORONERS’ COURT, COMPETENCES, FUNDING AND HELP WITH DEALING WITH THE BEREAVED CLIENT: USEFUL LINKS

Civil Litigation Brief

Today I have presented a webinar on the coroners’ courts. The webinar has a particular emphasis on helping the client through the process, and the “competences” set out in the joint documents between the SRA, CILEx and the Bar Standards.

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Southern California Blaze Destroys Six Homes, Other Still Fires Burning in State

Insurance Journal

A Southern California fire destroyed six homes and damaged seven others in a blaze that was reportedly ignited by fireworks. The Hawarden Fire started over the weekend and at one point threatened nearly 1,500 homes.

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COURT MADE PEREMPTORY ORDER THAT CLAIMANT PAY COSTS: ARTICLE 6 RIGHTS NOT INFRINGED

Civil Litigation Brief

In Khokan v Nirjhor [2024] EWHC 1872 (KB) Mrs Justice Hill granted the defendant’s application for a peremptory order following the claimant’s failure to pay costs ordered against him at an interlocutory hearing. The judge refused the defendant’s application for.

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USAA Renter’s Insurance Policyholder Charged with Multiple Counts of Fraud

Insurance Journal

Maryland Attorney General Anthony G. Brown reports that a grand Jury for Prince George’s County has handed down two indictments charging an Upper Marlboro woman with insurance fraud.

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COST BITES 171: DEFENDANT WHO RECEIVED LEGAL AID TO DEFEND CIVIL COMMITTAL PROCEEDINGS CAN ONLY RECOVER COSTS AT LEGAL AID RATES

Civil Litigation Brief

The judgment of Costs Judge Whalan in MBR Acres Ltd & Ors v McGivern [2024] EWHC 1869 (SCCO) highlights an issue that has been on this blog before. A party who obtains legal aid to defendant civil committal proceedings cannot.

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Personal Auto Driving P/C Insurers to 2024 Underwriting Profit

Insurance Journal

S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time since 2021.

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UPC Central Division Discards EPO Approach to Obviousness in First Decision on the Merits

IP Watchdog

On July 16, the Unified Patent Court’s (UPC) Central Division (CD) in Munich revoked Amgen’s patent covering use of PCSK9-binding antibodies for treatment of cardiovascular disease. In its written decision the CD discussed the correct approach to claim interpretation and the assessment of inventive step. Amgen’s patent, the subject of this decision, is in the same family as the patents that are the subject of the U.S.

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Heat-Related Texas Deaths Climb After Hurricane Beryl Power Outages

Insurance Journal

SPRING, Texas (AP) — As the temperature soared in the Houston-area home Janet Jarrett shared with her sister after losing electricity in Hurricane Beryl, she did everything she could to keep her 64-year-old sibling cool.

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A Review of Novo Nordisk’s Ozempic and Wegovy Trademark Enforcement Campaign

IP Watchdog

After filing 13 lawsuits in 2023 claiming trademark infringement, deceptive trade practices, and false advertising related to the pharmaceuticals Ozempic and Wegovy, Novo Nordisk—a 100-year-old pharmaceutical company with its origins in Denmark—is once again making headlines. Over the past few weeks, Novo Nordisk filed nine new lawsuits against small clinics, medical spas, and compounding pharmacies, alleging false advertising and trademark infringement.

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State Street Agrees to $4.2 Million Pay Equity Fund

Insurance Journal

The Department of Labor announced the signing of a conciliation agreement with State Street Corp. in which the financial services firm will allocate $4.2 million for future pay adjustments to resolve alleged compensation discrimination.

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Case Summary Involving a Mapping & Surveying Expert Witness

Expert Witness Blog

Introduction In the case of Martinez v. Polaris Industries Inc. , 2023 WL 4567890 (Cal. Ct. App. 2023), the expertise of an All Terrain Vehicles (ATV) Expert Witness was critical.

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Applied Systems Acquires AI Platform for Insurance Planck

Insurance Journal

Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry. Planck provides an AI-based data platform for commercial insurance.

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Oklahoma judge permanently blocks state’s anti-ESG law

Legal Dive

The ruling extends a temporary injunction against the law issued in May, though Oklahoma Attorney General Gentner Drummond said he will bring an appeal to the state Supreme Court.

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Whole Foods Settles Ex-Worker’s Lawsuit Over Black Lives Matter Masks

Insurance Journal

Whole Foods has reached an agreement to settle a lawsuit accusing it of illegally firing a worker who refused to remove her Black Lives Matter facemask and complained about racism at the Amazon.com-owned upscale grocery chain.

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Clio announces US $900M investment at US $3B valuation to transform the legal experience for all

Legally Speaking

Congratulations to Our Sponsor, Clio, on announcing their Series F funding value, that values Clio at $3 billion USD. Clios is now the most valuable cloud-based legal tech company in the world.

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Vermont Farmers Take Stock After Losing Crops to Flooding Two Years in a Row

Insurance Journal

Exactly one year to the date of last year’s severe flooding in Vermont, Joe’s Brook Farm was flooded again by the remnants of Hurricane Beryl. This time it was worse.

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CFTC Whistleblower Program at Risk Without Lawmakers’ Help

Securities Docket

The Commodity Futures Trading Commission, under a program established by Congress after the 2008 financial crisis, offers awards to whistleblowers whose tips lead to successful enforcement actions. The awards come from a revolving fund capped at $100 million that also pays for the CFTC’s whistleblower office and its staff. Lawmakers are weighing how to keep the office open if the fund is depleted.

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Jacksonville Jags Sue Financial Employee Convicted of Stealing $22M From Team

Insurance Journal

JACKSONVILLE, Fla. (AP) — The Jacksonville Jaguars have filed a lawsuit against a former employee who is serving prison time after pleading guilty to stealing $22 million from the NFL team’s virtual credit card program.

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Major Questions Doctrine Could Thwart SEC Climate Fraud Fight

Securities Docket

In that lawsuit, fossil fuel companies and other powerful business interests filed briefs in court arguing that the SEC’s new disclosure rule about the financial risks of climate change is illegal—because, in their view, climate change is controversial. The petitioners argue that the rule runs afoul of the major questions doctrine that the Supreme Court embraced two years ago, which says federal agencies can’t regulate issues of economic or political importance—i.e., controversial topics—without

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Hot, Inland California Cities Face The Steepest Water Cuts With New Conservation Mandate

Insurance Journal

Facing a future of shortages, California is entering a new phase of water conservation: Cities and towns must meet new mandates ramping down use over the next 15 years — and some will be hit harder than others.

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Judge deals major blow to SEC’s cybersecurity enforcement stance

Legal Dive

“The decision substantially limits the SEC’s authority to challenge a company’s cybersecurity program,” attorney Mark Schonfeld said.

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Louisiana Marine Electronic Services Provider Sued for Sexual Harassment

Insurance Journal

X-Treme Tech Services, LLC, a Thibodaux, Louisiana-based business which provides marine electronic services, violated federal law when a supervisor repeatedly sexually harassed a female employee and then fired her after she resisted his advances, the U.S.

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Two-year-old Harvey raises $100m Series C and achieves unicorn status

Legal IT Insider

Gen AI startup Harvey has announced a $100m Series C led by GV (Google Ventures) with participation from OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil, and SV Angel. The two […] The post Two-year-old Harvey raises $100m Series C and achieves unicorn status appeared first on Legal IT Insider.

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