News
Declining Big Law Demand: A Wells Fargo survey of 66 of the largest US law firms reveals that attorney billable hours have reached a 15-year low, leading to a squeeze on profits and potential layoffs. Despite a 1.5% drop in demand, the number of lawyers increased by nearly 5%.
LexisNexis Announces Launch of AI-based Research and Drafting Tool - Lexis+ AI is in beta form and leverages generative AI to help users of its platform conduct research and draft resulting documents and communication with clients.
FTC Comes For Facebook's Minor Monetization Practices - The FTC is proposing changes to their 2020 privacy order with Facebook after stating the company has failed to fully follow the order, while also misleading and misrepresenting themselves to users.
Legal.io is Headed to CLOC - If you're planning on attending the Las Vegas Legal event, come join Onna and Legal.io in the Presidential Suite at the Bellagio May 16th and 17th.
Sheeran Wins Copyright Suit - The British singer won the suit brought against him by the estate of Marvin Gaye for alleged usage of four chords also used in "Let's Get It On". Sheeran says he was "...unbelievably frustrated that baseless claims like this are allowed to go to court at all".
Former Google AI Pioneer Quits - Geoffrey Hinton helped develop some of the most important techniques at the heart of modern AI. After 10 years at Google, he is stepping down to focus on concerns he has for the future of AI.
Legal Tech is in Disrupt Mode - Anthony C. Johnson opines on the future of the legal industry; touching on alternative business structures, blockchain, and, of course, AI.
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