Private equity investment is rapidly moving into early legal tech, accelerating revenue pressure and reshaping expectations for startups built around generative AI.
Paul, Weiss, Rifkind, Wharton & Garrison and Hogan Lovells have joined the growing roster of Big Law firms matching the year-end and special bonus scale set by Cravath, Swaine & Moore earlier this week.
Snap is hiring Munger Tolles partner Zachary Briers as general counsel, reinforcing deep outside-counsel ties as Michael O’Sullivan exits after eight years marked by heavy litigation and regulatory scrutiny.
The LegalTech Fund has closed a $110 million second fund, backed by McDermott, Orrick, Clio and Thomson Reuters Ventures, to back early-stage legal tech from seed to Series A and beyond.
Stockholm-based Legora secures $150M in Series C funding led by Bessemer Venture Partners, accelerating global expansion and AI development for legal professionals.
California's new DROP system lets residents delete data from all registered brokers with a single request, setting a new privacy standard for global regulators.
With new state privacy laws and lawsuits targeting cookies, pixels, and chatbots, companies face growing compliance and litigation risks tied to online tracking tools.
