The STACK is back, legal tech friends and founders!
Please find enclosed your mission critical #LegalTech and #FutureOfLaw updates, straight from the source of the Legal Innovation Center powered by EvolveTheLaw.com in partnership with @QuantumJurist.
* Last week, the mighty Paladin announced they’re hiring for multiple roles! If you haven’t yet heard of Paladin, they’re a noble band of #LegalTech warriors fightin’ to make pro bono work more efficient and inspiring. Go forth Paladin and spread #AccessToJustice to all!
* Also, Elon Musk didn’t wait for NASA to restore space travel to the USA, so why should this intrepid Legal Institute wait for law schools to deliver long overdue reform in Legal Ed? @QuantumJurist has previously written about how the imperative to #EvolveTheLaw begins with #LawSchoolReform. If you’re considering law school, or are an administrator at an actual law school, you’ll want to know about this futuristic, new legal institute.
* Trust you also caught up with Joe Patrice? He navigated the inevitable(?) “Trough of Disillusionment” of the Gartner Hype Cycle. Should #AI evangelists begin buckling down for market skepticism? Or have the robots already found a way out?
* Solving for Sour Grapes! Today, FairClaims Founder Stephen Kane calls out the “sour grapes problem” and how #LegalTech and can help humans counteract innate biases against fair tribunals in the modern judicial system. You’ll want to read Mr. Kane today, especially if you’re a Pats fan still reeling from those controversial Super Bowl calls. Due process? Source: EvolveTheLaw.com.
* Market Volatility Sparks New Regs Debate? Anyone with a 401K was sweating bullets during this month’s market meltdown. It’s back up for now, but experts believe the global market is always “just one step away from massive volatility because of programmed trading.” We believe regulators will be forced to revisit the issue of “Flash-Boys Regulation” as the robots continue to wreak havoc on the markets. Further, does this bode poorly for those of us calling for more robots in the courts? Source: The Washington Post.
* The Struggle for Cryptocurrency is Real. The market may have recovered, but cryptocurrencies continue their decline. This didn’t help: Federal prosecutors on Thursday charged a Chicago trader with wire fraud for allegedly stealing $2.06 million of Bitcoin and Litecoin from his employer. Prosecutors said the defendant, who worked as an assistant trader for Consolidated Trading LLC, transferred Bitcoin and Litecoin belonging to his employer to his personal accounts to cover his own trading losses, and lied to management about it. The case is U.S. v. Kim, U.S. District Court, Northern District of Illinois, No. 18-cr-00107. Source: WHTC Holland, MI.
* There’s Good Blockchain News for Small Firms and Solos. Carolyn Elefant thinks cryptocurrency and blockchain aren’t the exclusive province of Biglaw or boutique practices with startup expertise. Instead, cryptocurrency issues are cropping up in traditional solo and small-firm consumer-oriented work. Check her post, solos, and get on the Blockchain train. Source: AboveTheLaw.com.
Updates complete. Thanks for reading The STACK. Check back next week for more recap and news from @QuantumJurist and the Legal Innovation Center.
