Mon.Oct 07, 2024

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Clio Releases Clio Duo, Generative AI Built Directly Into Its Law Practice Management Platform

Law Sites

Calling it a major first step in its wider AI product roadmap, the law practice management company Clio today released Clio Duo, a generative AI product built directly into the Clio Manage law practice management platform.

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Law Firm Cybersecurity Awareness: Training for Employees Has Never Been More Critical

Attorney at Work

One of the most overlooked aspects of cybersecurity is training for law firm employees. The post Law Firm Cybersecurity Awareness: Training for Employees Has Never Been More Critical appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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AI Adoption By Legal Professionals Jumps from 19% to 79% In One Year, Clio Study Finds

Law Sites

Usage of artificial intelligence by legal professionals has skyrocketed from 19% in 2023 to 79% this year, according to the ninth edition of the Legal Trends Report, released today by Clio during its Clio Cloud Conference in Austin.

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People Moves: Coalition Appoints AIG’s Simonsen as European Head of Insurance

Insurance Journal

Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has appointed Tine Simonsen as the company’s head of Insurance for Continental Europe.

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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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Legal AI sees wide adoption but most teams unprepared for talent impact: survey

Legal Dive

In-house counsel expect process efficiencies and cost savings but a majority say their companies aren’t ready for the change effects, ACC survey finds.

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Auto Insurers Face Rising Repair Costs, EV and Tech Complexity in 2025: Report

Insurance Journal

Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will have a bumpy road to navigate in the year ahead, according to CCC Intelligent Solutions Inc.

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Update on Helene Loss Estimates: CoreLogic Sees $10.5B-$17.5B Insured Loss

Insurance Journal

Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to grow as more damages are assessed, pushing catastrophe modelers to continually revise estimates upward.

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NLRB hits Amazon with joint employer lawsuit

Legal Dive

The company discriminated against unionizing employees and refused to collectively bargain with them, the board said in a Sept. 30 complaint.

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Nation’s Flood Insurance Program Is Making More Repeat Payouts

Insurance Journal

When Hurricane Helene barreled ashore last week, it caused devastating flooding across the southeastern U.S., including in the Shore Acres area of St. Petersburg, Florida. The neighborhood saw 6 feet of storm surge, which flooded roads and homes.

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The Path to Operational Resilience: DORA’s Implications for the Financial Sector

Complex Discovery

Editor’s Note: The Digital Operational Resilience Act (DORA) represents a monumental shift for the financial sector across Europe, moving organizations beyond traditional cybersecurity frameworks toward more integrated resilience strategies. With a looming compliance deadline in January 2025, DORA compels financial institutions to rethink their risk management approaches, encouraging cross-functional cooperation to mitigate the growing complexity of digital threats.

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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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Court Orders Start to Expose ‘Startling’ Data on Litigation Funding Sources

Insurance Journal

There is no federal law that requires the disclosure of litigation funding agreements in court cases, but some disturbing insight has been found in individual jurisdictions that have rules to increase transparency, according a panel on the topic at the …

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[Educational Webcast] HaystackID® Remote Endpoint Analysis and Data Intelligence (READI™) Suite of Services

Complex Discovery

Editor’s Note: The following webcast, led by HaystackID’s mobile digital forensics expert Rene Novoa, delves into the advanced capabilities of the company’s Remote Endpoint Analysis and Data Intelligence (READI) Suite. Recognized as one of the most comprehensive endpoint collection and triage solutions in the industry, READI enhances the effectiveness of mobile forensic investigations.

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Baltimore Unveils Details of $45M Opioid Litigation Settlement With Walgreens

Insurance Journal

Baltimore Mayor Brandon M. Scott has unveiled the terms of the settlement reached last month with Walgreens to resolve the city’s claims against the company for its role in fueling the opioid epidemic in Baltimore.

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After Loper Bright, the USPTO Should Reopen the Comment Period for FY 2025-2029 Patent Fees

IP Watchdog

On April 3, 2024, the United States Patent and Trademark Office (USPTO) published a 266-page Notice of Proposed Rulemaking (NPRM) on “Setting and Adjusting Patent Fees during Fiscal Year 2025” (89 FR 23226), with proposed selective and in some cases extraordinary increases in fees for the fiscal years 2025-2029. These proposed increases in fees for patent activities have been controversial among stakeholders.

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Report Says Growth of Private Flood Insurance Has Stagnated But Others Disagree

Insurance Journal

The head of one of the largest private flood insurance writers this week questioned an A.M. Best report that said private flood companies are failing to make significant inroads in America’s troubled flood market.

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ClioCon 2024: Legal Trends Report plus all the latest news and interviews

Legal IT Insider

This story will be updated from ClioCon 2024 in Austin, Texas with the latest news and interviews from the conference Legal Trends Report Clio has released the ninth edition of […] The post ClioCon 2024: Legal Trends Report plus all the latest news and interviews appeared first on Legal IT Insider.

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AM Best Downgrades Credit Rating of Shelter Mutual

Insurance Journal

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Shelter Mutual Insurance Company (Shelter Mutual) (Columbia, MO) and its property/casualty (P/C) …

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CONSIDERING THE IMPACT OF INFLATION WHEN LOOKING AT THE JUDICIAL COLLEGE GUIDELINES: A CASE TO POINT

Civil Litigation Brief

It has been established for some time that the figures in the Judicial College Guidelines for the Assessment of Personal Injury Damages are themselves subject to indexation for inflation. The most recent Guidelines (the 17th) are based on the RPI.

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Hurricane Kirk’s Remnants Forecast to Hit Europe Later This Week

Insurance Journal

The remnants of Hurricane Kirk are forecast to hit northwest France on Wednesday, bringing heavy rain and gale-force winds. Hurricane Kirk peaked at Category 4 storm over the Atlantic last week, but is weakening as it heads toward Europe.

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Civil Law Firm Improves Productivity and Client Communication With MyCase

MyCase

For over 23 years, Gonzalez & Morales Law Offices LLC has provided legal counsel on civil law matters ranging from wills and probates to collections. Located in Humacao, Puerto Rico, Jose Gonzalez Rivera, managing partner of Gonzalez & Morales, and his staff consistently work to achieve outstanding client outcomes and satisfaction. How can they ensure the best results for their clients while maximizing every minute?

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Ukraine Says Russian Missile Hits Second Grain Ship

Insurance Journal

Russia targeted a ship loaded with Ukrainian grain with a ballistic missile Monday — the second in two days — killing one person and injuring five, according to the Infrastructure Ministry in Kyiv.

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SEC Whistleblower Mission Plagued by Secrecy, Commissioners Say

Securities Docket

The SEC’s five commissioners have the power to regulate financial systems, protect investors and make rules impacting more than $100 trillion in securities trades each year. They don’t, however, have the power to tell taxpayers or Congress why awards topping $100 million sometimes go to whistleblowers the commissioners feel shouldn’t get paid. They can’t detail their objections publicly or provide any facts not included in sparse, heavily redacted releases announcing the awards.

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River Level at Amazon Rainforest Port Hits 122-Year Low Amid Drought

Insurance Journal

The river port in the Amazon rainforest’s largest city of Manaus on Friday hit its lowest level since 1902, as a drought drains waterways and snarls transport of grain exports and essential supplies that are the region’s lifeline.

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Departing SEC Enforcement Chief Grewal to Join Milbank Law Firm

Securities Docket

Gurbir Grewal, the US Securities and Exchange Commission’s top enforcement official, will join law firm Milbank after he leaves the regulator later this month, according to people familiar with the matter. Grewal will work out of Milbank’s New York office as a partner in the litigation and arbitration practice, according to one of the people, who asked not to be identified as the plans haven’t been made public.

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Australia Set for More Severe Cyclones This Season on Warm Seas

Insurance Journal

Australia is likely to see an above average number of severe tropical cyclones this season, according to the nation’s weather agency, which have the potential to damage crops and flood mining operations.

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SEC, Fund Advisers Head Toward Trial Over Billion-Dollar Losses

Securities Docket

An SEC enforcement action against two financial firms and their managers over more than a billion dollars in investment losses raises factual issues about that must be decided by a jury, a federal court ruled. Neither the Securities and Exchange Commission nor the defendants can win on any of the claims based on the lack of a real dispute about the evidence, Judge Sunil R.

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Report Examines Migraine Drugs as a Potential Cost Driver in California Workers’ Comp

Insurance Journal

Migraine drugs represent a small percentage of prescriptions dispensed to injured workers in California, but they make up a larger share of workers’ compensation drug payments, a new report shows.

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The Importance of Networking for Lawyers

Destination Articles Blog

Succeeding in business is all about making the right connections. — Richard Branson. Mastering the art of networking is as crucial as passing your bar exam as a lawyer. It’s not enough to expand your contact list or collect business cards. You must make meaningful connections that could elevate your career. Attending a DestinationCLEs.com conference offers unparalleled networking opportunities with legal professionals from around the world, all while enjoying incredible travel experiences.

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Karen Read Seeks Delay in Wrongful Death Civil Lawsuit Until Murder Trial Is Done

Insurance Journal

Karen Read is seeking to delay a wrongful death lawsuit filed by the family of her Boston police officer boyfriend until her criminal trial in connection with his death is done.

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EV startup Fisker faces probe by US securities regulator | Reuters

Securities Docket

The U.S. Securities and Exchange Commission is investigating Fisker and has sent multiple subpoenas to the bankrupt EV maker, according to a filing by the regulator on Friday. Fisker filed for bankruptcy protection in June, after burning through cash in an attempt to ramp-up production of its Ocean SUVs.

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Supreme Court Rejects ‘Pharma Bro’ Shkreli’s Appeal of $64.6 Million Penalty

Insurance Journal

The U.S. Supreme Court declined on Monday to hear former pharmaceutical company CEO Martin Shkreli’s challenge to a $64.6 million financial penalty imposed by a judge after he raised a lifesaving drug’s price by more than 4,000%.

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By looking elsewhere, companies send big law a message

Legal Dive

Corporate clients are downsizing their panels, using more mid-sized firms and trying to do more in-house to cut costs and align work with their goals, a survey finds.

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Employee at Louisiana Fertilizer Plant Dies in Accident

Insurance Journal

DONALDSONVILLE, La. (AP) — An employee at a fertilizer plant in Louisiana died after getting injured in an accident at the facility, officials said Friday. CF Industries said the incident happened at about 1:45 p.m.

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Plaintiffs Raised This Issue With the Court Too Late.

E-Discovery LLC

Sometimes, timing is everything. In Kadrey v. Meta Platforms, Inc., 2024 WL 4362744 (N.D. Cal. Oct. 1, 2024), it was dispositive. “Like Cinderella, the attorney in this case tripped on the electronic stairs at midnight, but his client lost more than a glass slipper.” Another Cinderella Situation –Motion Denied as Untimely? (May 31, 2024), quoting Tom Donlon, Silly Lawyer Tricks XXX (americanbar.org)(Mar. 14, 2023); Better Late Than Never?

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UK Business Group Says Tax Clarity Needed at Budget to Support Investment

Insurance Journal

British finance minister Rachel Reeves needs to strike a positive tone at her first budget on Oct. 30 in order to give businesses the confidence to invest, the Confederation of British Industry said on Tuesday.

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