Wed.Apr 10, 2024

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Following Departure of its Founder, E-Discovery Company DISCO Names New CEO

Law Sites

The e-discovery company CS Disco today announced that its board of directors has named Eric Friedrichsen as president and chief executive officer, filling the slot vacated when the company’s cofounder Kiwi Camara stepped down as CEO last September in the wake of allegations that he had groped a female employee. Since Camara’s departure, Scott Hill , who had been a member of DISCO’s board since 2021, had served as interim CEO while the board searched for a permanent successor.

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What Is My Law Firm Worth?

Attorney at Work

Brooke Lively | Here are the two most important factors that determine your firm's value — if you want to sell. The post What Is My Law Firm Worth? appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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New Product from Litera Uses Gen AI to Create Database of Corporate Deal Terms from a Firm’s Own Documents

Law Sites

Litera today released a new product that uses generative artificial intelligence to create a database of corporate deal terms from a law firm’s own documents, in order to give legal teams easy access to al relevant data points from prior transactions, whether for negotiating a deal or pitching a potential client. The product, Foundation Dragon , creates a searchable collection of some 300 relevant data points from unstructured data found in closing documents for M&A, real estate, finan

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The Licensing Vector: A Fair Approach to Content Use in LLMs

IP Watchdog

A spate of recent lawsuits is shining light on how some generative AI (GenAI) companies are using copyrighted materials, without permission, as a core part of their products. Among the most recent examples is the New York Times Company’s’ lawsuit against OpenAI, which alleges a variety of copyright-related claims. For their part, some GenAI companies like OpenAI argue that there is no infringement, either because there is no “copying” of protected materials or that the copyright principle of fai

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Trellis Launches Trellis AI to Streamline Trial Court Litigation

Trellis AI leverages the largest repository of state trial court data to help litigators evaluate cases, automate brief drafting, suggest winning strategies, and more. Key components: Draft Arguments — Uses similar/successful motions in the Trellis database to generate arguments/citations for your motions seeking dismissal, summary judgment, etc. Case Assessment — Predict the likely outcomes of a case at any stage to help you decide to accept it, guide motion practice, make settlement offers, an

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Miss Last Friday’s Legaltech Week? Here’s the Video. Among Our Topics: Should We Ban ‘Nonlawyer’?

Law Sites

If you missed it last Friday, here is Legaltech Week for April 5, 2024. Among our topics: Banning “nonlawyer,” updates from the International Association of Privacy Professionals, lawyer chastised for Microsoft Word screw-up, and more. You can always catch all prior episodes as a podcast or on YouTube. In addition to regular panelists Niki Black, Caroline Hill and Stephanie Wilkins, we were joined by guest panelists Cassandre Coyer and Isha Marathe of Law.com and Greg Lambert of

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USIJ and Medical Device Group Urge Movement on PERA and PREVAIL

IP Watchdog

The Medical Device Manufacturers Association (MDMA) and the Alliance of U.S. Startups and Inventors for Jobs (USIJ) sent a letter today to the leadership of the Senate Judiciary Committee and the Judiciary Committee’s Subcommittee on Intellectual Property to express their support for both the Promoting and Respecting Economically Vital American Innovation Leadership Act (PREVAIL Act) and the Patent Eligibility Restoration Act (PERA).

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USPTO AI Guidance Highlights Risks for Practitioners and Public

IP Watchdog

The U.S. Patent and Trademark Office (USPTO) today announced guidance for practitioners and the public regarding the use of artificial intelligence (AI) in the preparation of filings for submission to the Office. The guidance comes two months after the Office issued a guidance memorandum for the Trademark and Patent Trial and Appeal Boards (TTAB and PTAB) on the misuse of AI tools before the Boards that clarified the application of existing rules to AI submissions.

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What RFK, Jr.’s VP Pick Could Mean for IP

IP Watchdog

Independent Presidential candidate Robert F. Kennedy, Jr's Vice-Presidential running mate, Nicole Shanahan, a mercurial patent analyst, intellectual property lawyer and incidentally rich entrepreneur, is in the position to influence declining patent reliability and increasing copyright abuse. But will she? This column is not intended to opine on Shanahan's merits as an independent Vice-Presidential candidate, but to attempt to understand her motivation for running and its potential impact on IP

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