Thu.Oct 10, 2024

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A Week After Appearing on My Podcast, UnitedLex CEO is Abruptly Replaced By Company’s General Counsel

Law Sites

Hope it wasn’t something he said on my podcast. A week after appearing on my LawNext podcast to discuss his one-year anniversary as chief executive officer at UnitedLex, James Schellhase is out of that job, replaced by the company’s general counsel Renee Meisel.

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Managing Partners: Transform Your Law Firm by Leading with Transparency

Attorney at Work

Wendy Merrill | For firms committed to securing a sustainable future, it falls to their managing partners to set a tone of transparency. The post Managing Partners: Transform Your Law Firm by Leading with Transparency appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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At the Clio Cloud Conference, Building Momentum for Better Legal Practices

Law Sites

“Momentum is the driving force that turns short bursts of energy into sustained success.” With those words during his opening keynote that has been become a signature event of the Clio Cloud Conference, Clio founder and CEO Jack Newton explained why the conference chose “momentum” as its theme this year.

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Scheduling Orders Are Mandatory; Vital to Caseload Management; and, Enforced Even Where Parties Got Themselves Into a “Pickle” by Dilatory Efforts to Cooperate

E-Discovery LLC

The decision in EEOC v. Hooters of America, LLC, __ F. Supp. 3d __, 2024 WL 4362863 (M.D. N. Car. Oct. 1, 2024), opens with the court’s statement that: The parties jointly ask to extend the discovery deadline and continue the trial. They have not acted with due diligence or shown good cause, and the motion will be denied. As the parties have demonstrated that they cannot manage the discovery process efficiently on their own, court oversight is necessary.

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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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Flaws of the Saffir-Simpson Scale: Wind Isn’t the Only Threat in Modern Hurricanes

Insurance Journal

The insurance industry faces significant challenges in covering catastrophic risks, especially as climate change drives more extreme weather events. With soaring premiums and increasing exclusions, the need for an accurate assessment of these risks is more important than ever.

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End-of-Year Law Firm Accounting Checklist

Practice Panther

As with any business, your law firm depends on sound billing and accounting practices. With the end of the year in sight (trust use, we can’t believe it’s Q4 either), you want to be sure you’ve caught up on reconciling your trust accounts, accounted for all unbilled time, collected your outstanding balances, and prepared for the upcoming year.

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German Court Says Non-Commercial AI Training Data Meets Scientific Research Exception to Copyright Infringement

IP Watchdog

In a landmark judgment with far reaching ramifications, a German court recently held that the copying of images by Large-scale Artificial Intelligence Open Network (LAION) - a nonprofit organization that provides datasets, tools and models to liberate machine learning research – did not infringe copyright law. The Kneschke v. LAION case, heard by the Hamburg Regional Court, centered on LAION's automatic downloading of images, including a copyrighted work by photographer Robert Kneschke, for AI t

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Milton Brings Winds, Flooding to Florida But Damage May Not Be As Heavy as Feared

Insurance Journal

Hurricane Milton made landfall Wednesday night, centered near Sarasota as a Category 3 storm with maximum sustained winds of 120 mph, a less-powerful storm than had been feared but one that brought some storm surge, flooding, multiple tornadoes and property …

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Discord Blocked in Russia Amid Heightened Regulatory Clampdown

Complex Discovery

Editor’s Note: Russia’s latest move to block the popular messaging platform Discord signals its continued strategy to exert control over foreign tech companies operating within its borders. This action, taken by Roskomnadzor, highlights the intensifying regulatory environment as Russia seeks to clamp down on content it deems illegal or extremist, further emphasizing the geopolitical complexities in the wake of the Ukraine invasion.

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Hurricane Milton Could Use Up P/C Insurers’ 2024 Catastrophe Budgets

Insurance Journal

S&P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S. property/casualty insurers, affecting underwriting margins and earnings. In a report titled “Hurricane Milton: The Implications For Rated U.S.

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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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EU Court Ruling Limits Meta’s Use of Personal Data for Advertising

Complex Discovery

Editor’s Note: In a recent decision, the Court of Justice of the European Union (CJEU) has set a new precedent for how personal data, particularly sensitive information, can be used in targeted advertising. This landmark ruling, which emerged from a case brought by privacy activist Max Schrems against Meta, underscores the growing legal scrutiny on how tech giants handle personal data under the General Data Protection Regulation (GDPR).

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Louisiana Contractor Charged for Allegedly Damaging Homeowners’ Roof

Insurance Journal

On an early August morning, a roofing contractor arrived at a Lafayette, Louisiana couple’s house and requested permission to inspect the home’s roof. The roofer’s arrival wasn’t unexpected.

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Inventors Group to U.S. Courts Committee: Don’t be Duped by Corporate Call for Litigation Funding Transparency

IP Watchdog

The recently-formed Inventors Defense Alliance (IDA) sent a letter yesterday to the Committee on Rules of Practice and Procedure in the Administrative Office of the United States Courts urging it not to heed the call of a letter sent to the Committee last week by 124 large companies to implement a uniform process on disclosure of third-party litigation financing (TPLF) sources.

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Group of Scientists Say Climate Change Drove Helene Impacts

Insurance Journal

Climate change was a key driver of the devastating impacts of Hurricane Helene, a group of scientists said this week. Hurricane Helene made landfall as a Category 4 major hurricane west-southwest of Perry, Taylor County, Florida on Sept.

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A Better Way to RESTORE Injunctive Relief? The Federal Circuit Had the Answer

IP Watchdog

The ongoing debate over the nearly two-decades long battle to restore injunctive relief to prevailing patent owners is no doubt a vigorous one. Two different camps within the pro-strong-patent rights community have emerged. One camp consists of those backed by and/or supporting corporate innovators. The other camp consists of those supporting small, independent innovators.

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Delaware High Court Rescues Insurance Agency’s Malpractice Suit Against Law Firm

Insurance Journal

Six months after a three-judge panel of the Delaware Supreme Court said an insurance agency deserved another shot at proving its claims of professional negligence against a law firm, the full state high court has agreed.

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The Say Gap day 2 update + 50% flash sale!

Legal IT Insider

On 30th October 2024, The Say Gap Day 2 is all about helping women in legal to master the art of storytelling and its impact on business outcomes. You don’t […] The post The Say Gap day 2 update + 50% flash sale! appeared first on Legal IT Insider.

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First MainStreet Adds Two Agencies

Insurance Journal

First MainStreet Insurance L.C. (FMSI) announced addition of two new agencies, one in Minnesota and the other in Iowa. Joining in September was Kozlowski Insurance Agency, headquartered in Pipestone, Minnesota and two satellite offices in Luverne, MN and Brookings, SD.

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Webinar Replay: Safely leveraging your DMS content with AI

Legal IT Insider

In this webinar with NetDocuments, we explored how firms can integrate generative AI into their existing tech stack to enhance productivity and unlock insights within their content, while maintaining information […] The post Webinar Replay: Safely leveraging your DMS content with AI appeared first on Legal IT Insider.

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J&J’s Court-Shopping Strategy Pits New Jersey Home Against Texas

Insurance Journal

Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in Texas to settle claims its baby powder gave women cancer faces a key decision as soon as Thursday.

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From Data to Action with PracticePanther’s Custom Reports

Practice Panther

Although metrics and data are important for assessing a law firm’s performance, they are only beneficial if they provide actionable insights that allow you to drive your firm’s potential and growth. If your law firm is struggling to determine where you can operate more productively, it may be necessary to consider switching to a system that enables you to customize your reports with relevant and actionable metrics to ensure you are utilizing all the available resources to maximize your firm’s po

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Russian Strikes on Ukraine’s Ports Push Up Insurance Rates: Market Sources

Insurance Journal

A series of Russian missile strikes on Ukrainian Black Sea port infrastructure and commercial vessels has led to a jump in insurance costs and forced some shipowners to cancel bookings, insurance sources and a broker said on Thursday.

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Jury may decide whether SHRM conducted sham bias investigation

Legal Dive

The association’s HR department allegedly prepared an employee’s termination paperwork before investigating her retaliation claim. SHRM said it is prepared to “vigorously” defend the lawsuit.

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Perrier Well Contamination Sparks Scrutiny for Luxe Water Brand

Insurance Journal

In the arid highlands near the town of Vergèze in southern France, the sun beats down on a small stone house as the buzz of cicadas fills the air.

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Greenwashing cases fall for first time in 6 years, but high-severity filings surge: report

Legal Dive

“There's certainly a global undercurrent of ‘greenhushing,’ so companies are being more cautious about how they communicate,” RepRisk’s chief commercial officer said.

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Howden Alleged to Have Poached Insurance Rival’s Team in UK Suit

Insurance Journal

One of the UK’s top insurers is accused of using a team of “recruiting sergeants” to poach talent from a rival that led to mass resignations in Brazil and London. Aon UK Ltd. sued Howden Group Holdings Ltd.

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FBI creates its own crypto token to nab suspects in alleged fraud scheme

Securities Docket

Employees of ZM Quant allegedly counselled the backers of NexFundAI on how to artificially drive up the price of the token before selling tokens to “cash out at the peaks”, federal officials said in an indictment. At one point in May, ZM Quant’s trades amounted to more than 80 per cent of NexFundAI’s trading volumes, according to the SEC. But ZM Quant was unaware that NexFundAI was not just another fledgling crypto token with dreams of a lofty valuation: it was a tool of federal law enforcement

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Markets/Coverages: AEGIS London-Led Lloyd’s Consortium Launches $25M Miner Rescue Insurance Cover

Insurance Journal

The Lloyd’s insurance market’s only product writing cover for the rescue of miners trapped underground has more than doubled its available cover from $10 million to $25 million with a launch of a new consortium led by AEGIS London.

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Navigating the AI Frontier: Balancing Breakthroughs and Blind Spots

E-Discovery Team

The integration of artificial intelligence (AI) in the legal profession presents both promising advancements and significant risks. While AI can enhance productivity in repetitive tasks, studies reveal that as AI capabilities expand, so does its propensity for error, particularly in tasks humans find simple. This unpredictable nature necessitates cautious application and critical oversight, underscoring the importance of legal professionals mastering AI's limits.

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Exxon Granted Largest US Offshore Carbon Storage Site in Texas

Insurance Journal

Exxon Mobil Corp. won the right to pump carbon dioxide beneath Texas state waters in the Gulf of Mexico, in what will be the largest concession of its kind in the US.

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SEC Charges Three So-Called Market Makers and Nine Individuals in Crackdown on Manipulation of Crypto Assets Offered and Sold as Securities

Securities Docket

The Securities and Exchange Commission today announced fraud charges against three companies purporting to be market makers and nine individuals for engaging in schemes to manipulate the markets for various crypto assets being offered and sold as securities to retail investors. As alleged, the schemes were intended to induce investor victims to purchase the crypto assets by creating the false appearance of an active trading market for them.

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American Water Cyberattack Renews Focus on Protecting Critical Infrastructure

Insurance Journal

A cyberattack continues to affect the largest regulated water and wastewater utility company in the United States, renewing a focus on the importance of protecting critical infrastructure sites.

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SEC Charges “Magic Mushroom” Company and Two Individuals with Multimillion Dollar Pump-and-Dump Scheme

Securities Docket

The Securities and Exchange Commission today charged Minerco Inc. (former over-the-counter ticker: MINE), Bobby Shumake Japhia, and Julius Makiri Jenge, for their roles in an alleged pump-and-dump scheme that defrauded investors out of approximately $8 million while generating millions of dollars in ill-gotten proceeds from sales of Minerco stock. According to the SEC’s complaint, in the fall of 2019, Shumake, who was formerly known as Robert Samuel Shumake, Jr., secretly gained control of a lar

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People Moves: Miller Promotes Nagle to Head of Miller Europe, Succeeding Holloway; Markel Taps AIG’s Eastwood as Sr. Cyber U/W

Insurance Journal

This edition of International People Moves details appointments at the insurance broker Miller and the insurer Markel. A summary of these new hires follows here.

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New Texas exchange pledges tougher standards than New York rivals

Securities Docket

The head of the fledgling Texas Stock Exchange has pledged tougher listing standards than his New York rivals as part of his state’s bold attempt to establish Dallas as a financial challenger to east coast dominance. Jim Lee, chief executive of the TXSE, told the Financial Times the new exchange’s standards, including earnings tests, minimum prices and other unspecified measures, would be stringent enough to in effect exclude more than a third of the companies listed on Nasdaq and the New York S