Launching Today: Traact Is An All-in-One, ‘Tech First’ Platform for Managing Corporate Legal Functions

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Handling corporate functions such as entity management, board management and matter management can be complicated and time-consuming. But for corporate legal departments seeking to automate these functions, their choice of products is largely limited to point solutions, requiring multiple, siloed products to address multiple functions. Even worse, some of the available products are antiquated applications…

On LawNext: Did Using EyeLevel.ai Cause Pras Michel’s Lawyer To Botch His Defense? Cofounder Neil Katz Says That Is ‘Total Nonsense’

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Did Pras Michel’s lawyer botch his defense by relying on an AI program to create his closing argument? That’s what the former Fugees rapper claims in asking a court to overturn his April conviction in an illegal foreign influence scheme.

Michel says his lawyer, David Kenner, made a “frivolous and ineffectual” closing…

Exclusive: Economic Optimism Among Smaller Law Firms Drives Increased Spending, But They Still Face Challenges Meeting Client Demands, New Survey Finds

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Even amid a highly variable and possibly decelerating U.S. economy, smaller law firms are showing greater optimism about their futures, as evidenced by the face that they are either maintaining or increasing their 2023 budgets across most key categories, according to a survey report released today.

More than 75% of firms are either maintaining their…