Apr 04, 2024 View in Browser

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Legaltech News Morning Update

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A Message From the Editor

Good morning. In its recent Form 10-K filed with the SEC, e-discovery, information governance and data recovery company KLDiscovery cited concerns about its ability to repay more than $260 million in debt coming due in June, which it said “raises substantial doubt about our ability to continue as a going concern.” Despite these statements, though, experts believe the company isn't going anywhere any time soon. LTN's Rhys Dipshan takes a deep dive into the unusual situation in today's featured article.

– Stephanie Wilkins, Editor-in-Chief, Legaltech News

 

Artificial Intelligence | News

KLDiscovery Cites Concerns Over 'Ability to Continue' As Major Debt Repayment Looms

By Rhys Dipshan

Coming off a year of record revenue, KLDiscovery is facing significant debt... Read More

 

Bar Associations | News

Legal Innovators Petition to Remove 'Non-Lawyer' From ABA Vocabulary. Lively Discussion Ensues

By Justin Henry

Olga Mack, a fellow at the Stanford Center for Legal Informatics, and Damien... Read More

 

Artificial Intelligence | News

Exclusive: Meta Transfers AI-Related Patents to Midjourney to Thwart Patent Trolls

By Maria Dinzeo

"Sharing these assets makes our ecosystem stronger by allowing other operating... Read More

 

Artificial Intelligence | News

Winston & Strawn Launches Winston Legal Solutions, a Tech-Powered, Right-Staffing Venture for Low-Complexity Work

By Stephanie Wilkins

Winston Legal Solutions aims to address client cost concerns by providing an... Read More

 

Artificial Intelligence | Q&A

Innovations in Knowledge Management Winner, Law Firm: Fisher Phillips

By Stephanie Wilkins

"The risks I've taken to be one of the first vocal customers of startups have... Read More

 

Awards | Q&A

Innovation in Hiring, Staffing & Recruitment Winner, Provider: Baretz+Brunelle

By Stephanie Wilkins

"Legal techs and ALSPs, unlike law firms, aren't encumbered by precedent. They... Read More

Save the Date

Mark Your Calendar | Legalweek Heads Back To March For 2025

Described as the "best gathering place for many of the leading legal minds across the industry," Legalweek returns to New York City, March 24-27, 2025! Save the date for this week-long legal event where you’ll dive deeper into your professional development, explore topics and strategies tailored specifically to your role, and gain the tools to get legal business done. Registration is coming soon! Learn More

Resources

WEBCAST DATE: June 6, 2024

Future-Proofing the Legal Team in the New AI World

Join this webcast on the transformative potential of GenAI for contract management. Learn More

ON DEMAND

One Year After GPT-4: What Generative AI Means to Lawyers

Date: Wednesday, March 13, 2024 Time: 2 PM EST | 11 AM PST Cost: Complimentary Sponsored by: Legal professionals are often known for Learn More

More From the ALM Network

Probable Cause and ‘Bruen’: Two Amendments Collide | New York Law Journal

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Recently, a judge in the Eastern District of New York announced a new legal... Read More

Broward Jury Returns About 90% Less in Damages Than $6.3M Crash Victim Sought | Daily Business Review

Daily Business Review

“These were the types of photographs that caused a jury to look closely at a... Read More

Ninth Circuit Affirms Dismissal Sanction for Text Message Spoliation | New York Law Journal

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In a recent decision, the Ninth Circuit clarified and affirmed the use of Rule... Read More

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