Thu.Sep 19, 2024

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The Shrinking Ownership of Law Practice Management Technology (Part 4 of 4): Wrapping It All Up

Law Sites

Over the first three posts in this series, I’ve talked about the shrinking ownership of law practice management technology for solo and small firms — how most of the major contenders in the market have all come to be owned by just six overarching ownership groups.

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Understanding Law Firm Bonuses: A Simpler Bonus Structure for Associates, Paralegals and You

Attorney at Work

Brooke Lively | Consider rolling out a new bonus structure designed for the greater good of the entire firm. The post Understanding Law Firm Bonuses: A Simpler Bonus Structure for Associates, Paralegals and You appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Steno Names Prabhdeep Singh, Former Clover, WeWork and Uber Exec, as COO to Help Accelerate Growth

Law Sites

In a hire designed to further accelerate its growth, Steno, a tech-enabled provider of legal support and court reporting services, has named Prabhdeep Singh, who has held executive roles in technology companies such as Clover, WeWork and Uber, as chief operating officer.

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Report: Over 250,000 US Properties Have Repeated NFIP Claims

Insurance Journal

More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the National Resources Defense Council.

Insurance 124
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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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New Group Launched by IP VIPs Promises to Protect Inventors’ Right to Access Capital

IP Watchdog

A new inventors’ rights group was launched Thursday, September 19, with the aim of “helping startups, small businesses, and entrepreneurs defend their intellectual property rights and access capital.” The Inventors Defense Alliance includes Professor Kristen Osenga, professor at the University of Richmond School of Law, as its chief policy counselor, and boasts a board featuring the Hon.

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Unnamed Storm in Carolinas Caused $7 Billion in Damage, AccuWeather Says

Insurance Journal

The storm that swamped parts of the Carolinas this week wasn’t organized enough to be named but it still has caused $7 billion in damage, according to a preliminary estimate from AccuWeather.

Insurance 119

More Trending

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Markets/Coverages: Mosaic Offers Syndicated Terrorism Cover for Fine Art & Specie

Insurance Journal

Mosaic Insurance, the Bermuda-based specialty insurer, has launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk.

Insurance 116
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The Problem of Deepfakes and AI-Generated Evidence: Is it time to revise the rules of evidence? – Part One

E-Discovery Team

On April 19, 2024, the Advisory Committee on Evidence Rules decided not to enact new rules regarding AI-generated evidence, including deepfakes, despite various proposals, notably from Judge Paul Grimm and Professor Maura Grossman. Under Daniel J. Capra’s guidance, the Committee believes further development is needed. Critics argue that the dangers posed by deepfakes, particularly in judicial settings, require immediate attention.

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California Commissioner Orders Insurance Cancellation Moratorium for 750K Residents Following Wildfires

Insurance Journal

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for 750,000 policyholders affected by the Airport, Bridge, and Line fires in the counties of Orange, Riverside, Los Angeles, and San Bernardino.

Insurance 111
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How We Survived Extreme Heat in Prison

The Marshall Project

Incarcerated journalists detail the first signs of a heat wave in prison — and how they’ve coped with record-breaking temperatures.

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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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Wisconsin Contractor Faces $144K Fine for Endangering Workers

Insurance Journal

A suburban Madison, Wisconsin contractor with a history of federal safety failures – including violations that led to an employee’s fatal injuries in 2022 – has again been found exposing workers to the construction industry’s most deadly hazard – falls …

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[Educational Webcast] 6 AI Workflows to Enhance ESI Discovery

Complex Discovery

Editor’s Note: Legal professionals in cybersecurity, information governance, and eDiscovery are increasingly facing challenges related to data volume, security, costs, and inefficiencies. AI-enabled workflows are proving essential in addressing these issues by streamlining the discovery and review of electronically stored information (ESI). Content Assessment: [Educational Webcast] 6 AI Workflows to Enhance ESI Discovery Information - 92% Insight - 91% Relevance - 93% Objectivity - 88% Authority

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7 in 10 Actuaries and Underwriters Worry About Being Replaced by AI

Insurance Journal

With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five years, it’s not surprising that nearly 7 in 10 actuaries and underwriters are worried about being replaced by artificial intelligence, …

Insurance 108
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The Marshall Project to Host Inaugural Sing Sing Prison Film Festival

The Marshall Project

Incarcerated jury will choose best criminal justice documentary.

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Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon

Insurance Journal

The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas export permits as the key policy they want changed under the next US president. Chevron Corp.

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OceanFirst to pay $15M in DOJ redlining settlement

Legal Dive

The bank failed to provide mortgage lending services to predominantly nonwhite neighborhoods in three New Jersey counties, the agency said. The OCC downgraded the bank’s CRA rating in 2021.

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Washington Metal Fabricator Faces Felony in $340K Workers’ Comp Scam

Insurance Journal

A Washington man who claimed he was too injured to work while operating a metal fabrication shop faces a felony charge in an alleged $340,000 workers’ compensation scam.

Pleadings 105
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SEC Charges Advisory Firm Inspire Investing With Misleading Investors Regarding its Investment Strategy

Securities Docket

The Securities and Exchange Commission today charged Idaho-based investment adviser Inspire Investing LLC with making misleading statements and for compliance failures related to the execution of its “biblically responsible investing” strategy. According to the SEC’s order, Inspire Investing represented that it used a data-driven methodology to evaluate companies and that it would not invest in companies that had “any degree of participation” in certain enumerated business practices that Inspire

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Ex-Google Executive’s Startup to Use AI to Forecast the Weather

Insurance Journal

A startup founded by a former Google executive aims to use artificial intelligence to improve weather forecasting, joining technology behemoths like Nvidia Corp. and Huawei Technologies Co. in an increasingly crowded field.

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SEC Charges Advisory Firm Macquarie Investment Management Business Trust with Fraud

Securities Docket

he Securities and Exchange Commission today announced registered investment adviser Macquarie Investment Management Business Trust (MIMBT) will pay a total of $79.8 million to settle charges for overvaluing approximately 4,900 largely illiquid collateralized mortgage obligations (CMOs) held in 20 advisory accounts, including 11 retail mutual funds, and for executing hundreds of cross trades between advisory clients that favored certain clients over others.

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TDCI Hosts SE Regulators Conference in Nashville in November

Insurance Journal

The Tennessee Department of Commerce and Insurance will host the 2024 Southeastern Regulators Association conference in Nashville, promising a number of familiar faces in the insurance and legal industries as keynote speakers. The Nov.

Insurance 105
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Cell Phones

Securities Docket

A reader emailed: “Last week a coworker arrived at the office early, saw rainwater pouring in through the ceiling, and texted the manager something along the lines of OMG we have water pouring through the ceiling. She has now had to endure several calls from compliance and has to write a report detailing why she sent a text about company business.

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Maine Bill Would Require Army to Use State Crisis Laws to Remove Weapons

Insurance Journal

A bill introduced after a mass shooting in Maine would require the Army to use state crisis intervention laws to remove the weapons of a service member who is deemed to be a serious threat to themselves or others, U.S.

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SEC Charges DeFi Platform Rari Capital and its Founders With Misleading Investors and Acting as Unregistered Brokers

Securities Docket

The Securities and Exchange Commission today announced settled charges against Rari Capital, Inc., a supposed decentralized finance (DeFi) protocol, and its co-founders, Jai Bhavnani, Jack Lipstone, and David Lucid, for misleading investors and engaging in unregistered broker activity in connection with their operation of two blockchain-based investment platforms that, at their peak, collectively held crypto assets worth more than $1 billion.

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Completion of Federal Probe Into Surfside Condo Collapse Delayed Until 2026

Insurance Journal

A long-awaited federal report on the causes of the Champlain Towers South condominium collapse, which killed 98 people in 2021 and upended Florida condo regulations and market, will have to wait at least another year.

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TO ALL THOSE WHO THINK THERE MAY BE TOO MANY CASES ABOUT SERVICE OF THE CLAIM FORM ON THIS BLOG: YOU MAY BE RIGHT BUT HERE’S ANOTHER ONE…

Civil Litigation Brief

In ETM Contractors Ltd, R (On the Application Of) v Bristol City Council [2024] EWHC 2263 (Admin) refused the claimant’s applications for relief following late issue and lateservice of the claim form. The judgment contains a detailed exposition of why.

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Michigan Home Health Care Service Provider to Pay $65K Over Disability Suit

Insurance Journal

Alternate Solutions Health Network, LLC, and its affiliated entity Beaumont ASHN, LLC, (collectively ASHN), providers of home health care services, will pay $65,000 and furnish other relief to resolve a disability discrimination lawsuit filed by the U.S.

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US files $100M claim from Maryland bridge collapse that killed six

Legal Dive

The government says the tragedy was ‘entirely avoidable’ as the Dali cargo ship sailed from Baltimore with known defects and an improperly trained crew.

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Families of 3 Construction Workers Killed in Baltimore Bridge Collapse to Sue

Insurance Journal

Three families of immigrant construction workers killed when Baltimore’s Francis Scott Key Bridge collapsed after it was hit by the cargo ship Dali plan to challenge the attempt by the ship owner and operator to limit their liability for the …

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Conducting due diligence for true-crime shows like ‘Telemarketers’

Legal Dive

Personal rights create a challenge for the legal team helping filmmakers get buy-in from insurers, distributors.

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GM’s Cruise to Begin Testing Autonomous Vehicles in California

Insurance Journal

General Motors’ self-driving unit Cruise said on Thursday it will begin supervised testing with up to five autonomous vehicles in fall this year in California’s Bay Area.

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Cher’s Conservatorship Battle With Son Elijah Blue: What Are Her Options?

Practice of Law

Cher shares a child with late musician Gregg Allman. Allman left behind a trust that gives their 47-year-old son significant sums of money. She is concerned that her son, who has a history of severe mental health issues and alleged substance abuse, is unable to manage these distributions. What can she do? Cher Files for Conservatorship In December of 2023, Cher’s attorneys filed a petition in the Los Angeles Superior Court for the conservatorship of son Elijah Blue Allman.

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Sir Charles Roxburgh Named Next Chair of Lloyd’s, Succeeding Carnegie-Brown

Insurance Journal

Lloyds of London, the re/insurance marketplace, announced that Sir Charles Roxburgh has been named its next chair, subject to regulatory approval. Sir Charles will take up the position on May 1, 2025, succeeding Bruce Carnegie-Brown after his eight-year term.

Insurance 105
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DOJ Sees Tips Flow in Over First Month of Pilot Whistleblower Program – WSJ

Securities Docket

The U.S. Justice Department has begun building out its new pilot whistleblower program, and so far has received reports from more than 100 tipsters since it was launched last month, a senior department official said. The highly anticipated cash-for-tips program, announced in March, was officially launched on Aug. 1. The department has named Patrick Gushue, a trial attorney in the money-laundering and asset-recovery section, as the program’s first acting director and has assembled a team of prose

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J&J Lifts Baby Powder Settlement Bid to More Than $8.2 Billion

Insurance Journal

Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter.

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