Expected interest rate increases in the US likely won't affect deal-making in legaltech, says Mike Bryant of Knox Capital, an investor in the sector. However, Bryant adds that there could be "pressure on valuations both public and private" if rates rise, but the impact likely will be "nothing dramatic."
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Law firm Baker McKenzie will develop a platform for handling intellectual property through a partnership with MaxVal, which offers an IP management system. The move is the latest as Baker McKenzie pursues a global innovation strategy it calls Reinvent.
Compliance, a provider of legaltech services, has decided to use Cimplifi, the name of its e-discovery platform, as the new brand for the entire company. "We are redefining who we are to align with our expanded capabilities, enhanced technology and deep bench of expertise," CEO Marc Zamsky says.
Legal marketing consultant Nancy Slome explores the ins and outs of using stock photos, illustrations and videos to promote a law firm. Lawyer Ruth Carter suggests having "irrevocable, perpetual, worldwide, paid-in-full, royalty-free licenses" for unique images "so your website doesn't look like everyone else's."
The Missouri Supreme Court has ruled that a defendant's Sixth Amendment right to confront people testifying against him was infringed when an investigator offered testimony remotely via two-way videoconferencing. The case eventually could reach the US Supreme Court, said St. Louis University law professor Michael Wolff, a former chief justice of the Missouri high court.
John Tran, a state circuit court judge in Fairfax County, Va., joins the podcast "The Digital Edge" to talk about advancements in courtroom technology. Tran also offers tips for lawyers who are taking part in remote proceedings.
Many things are important, but few are urgent enough that they'll really matter in 30 days or five years, so use that reminder to find perspective and focus on what does matter, writes Steve Keating. "Few things in life I can guarantee more than this ... if you lack real goals in life then you will spend your life helping people who do have real goals achieve theirs," Keating writes.
Attack anticipation, fraud detection and risk score analysis are among the ways that machine learning and artificial intelligence can improve cybersecurity going forward. Chief information security officers report that they're concentrating the technology on safeguarding transactions centering around machines.