Money
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Money, Technology, Wall Street
What People Can Teach Machines
The reality of machine learning doesn’t live up to the hype — and this creates opportunities.
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Unstructured Data, Text Documents, And The Attorneys of Tomorrow
Attorneys need to look at how the insights from non-traditional data analytics can complement their own skill sets.
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Should Attorneys Care About Data Analytics?
Yes – if they want to make more money and have a more successful practice.
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Litigation Finance, Litigators, Money, Technology
alt.legal: If Money is Speech, Then Crowdfund Your Favorite Public Interest Lawsuit
A new venture offers citizens, lawyers and non-lawyers alike, a way to participate in important courtroom battles.
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Money, Technology, United Kingdom / Great Britain
Which legal startup just closed on a $12 million funding round?
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Legal Research Company Casetext Closes On $12 Million In Funding
This is one of the largest investments in a legal technology startup ever.
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Career Alternatives, Pro Bono, Technology
Mind The Gap: Felicity Conrad And Paladin’s Legal Justice Mission
If this “benefit corporation” model succeeds in legal, it could open up the world of pro bono to public investment.
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* Remember when Trump recaptured the news cycle from the string of blunders and Russian scandals that rocked his first month? That seems like just yesterday…. [Washington Post]
* What happens to lawyers after they
publicly demean themselvesappear on The Bachelor? [The Ringer]* After a massive scandal, Wells Fargo is slashing executive pay in the name of accountability. Well, by “slashing,” they mean “the people who failed to pick up the fraud will still make millions,” but it’s the tokenistic thought that counts. [Corporate Counsel]
* JP Morgan replaced 360,000 hours of annual legal work with a robot that does the work in seconds. That sounds impressive, but when you control for Biglaw hour padding the software really replaced about 20 minutes of work. [Bloomberg Markets]
* Yahoo’s GC resigned over their cybersecurity kerfuffle. Most Americans greet the news by wondering, “wait, Yahoo is still around?” [NY Times]
* Salary increases may be nice, but it just intensifies senior skepticism over what young associates really bring to the table. [Law360]
* Gibson Dunn building its Houston office on with Latham laterals. [Texas Lawyer]
* Even with revenue down, Bryan Cave manages to get PPP up. [Am Law Daily]
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Career Alternatives, Money, Technology
alt.legal: How To Make A Billion Dollars — From Biglaw To Big Bucks
By 2027, the legal industry will produce many billionaires — but few, if any, will be practicing attorneys.
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How Much Should You Charge Your Clients? Data Analytics Has The Answer!
Data analytics can help attorneys win new clients and make these clients profitable ones.
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Legal Tech Startups Don’t Need Investors
There’s nothing more rewarding for you and your family than knowing you’ve built something from scratch — the old fashioned way.
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Litigation Finance, Technology
David v. Goliath: Legalist Levels The Lit Playing Field
An innovative startup harnesses technology and big data to solve the access-to-justice problem.
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Optimal Pricing Of Legal Services And Big Data
Big Data is an important driver of success in law, and attorneys ignore it at their peril.
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Small Law Firms, Solo Practitioners, Technology
This Week In Legal Tech: Practice Management Pricing Gets Murky
If you are in the market for a PM system, don’t just jump at the first one that seems to offer a good deal.