TBA Law Blog

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Posted by: Stacey Shrader Joslin on Sep 11, 2019

Cloud law practice management company Clio recently announced a $250 million investment in its operations -- one of the largest investments ever for a legal technology company, LawSites reports. The funding is coming from two growth equity companies: TCV and JMI Equity. Clio said the investment will accelerate its ability to “realize its vision of enabling lawyers to more easily deliver their services and make those services more accessible.” In other news, Clio also recently announced that Mark Britton, who founded Avvo in 2006 and sold it last year to Internet Brands, is joining its board of directors. Clio is a benefit partner of the TBA and offers discounts for TBA members. Learn more here.

Posted by: Katharine Heriges on Aug 28, 2017

Regional firm Frost Brown Todd announced today that it will accept bitcoin as payment for legal fees. The firm already boasts a blockchain and digital currency group. That group’s co-chair, Nashville attorney Joshua S. Rosenblatt, said Frost Brown Todd would “be one of the earliest movers among law firms in Middle America” on the issue of bitcoin.

Posted by: Katharine Heriges on Aug 11, 2017

After the California nonprofit Free Law Project sounded the alarm on the subject, federal courts have fixed a “major security vulnerability” in PACER (Public Access to Court Electronic Records), the ABA Journal reports. Free Law Project found a cross site request forgery vulnerability, which put anyone signed into PACER at risk. Administrators of the site could have theoretically made purchases or file documents through an unwitting user’s PACER account, via the noted security flaw. The groups agree that there is no evidence this vulnerability was ever exploited. The Free Law Project has also made recommendations to the court to prevent future vulnerabilities in the system.

Posted by: Barry Kolar on Jul 26, 2017

The ABA Cybersecurity Legal Task Force is sharing a new alert from the FBI’s Cyber Division. The alert deals with "IP Addresses and Domains Used by Likely Iran-Based Cyber Actors to Attack Victims Worldwide." It lists 87 IP addresses and 136 domain names associated with this cyber activity.

Posted by: Katharine Heriges on Jul 25, 2017

A recent survey found that women made up 34.8 percent of lawyers at the end of 2016, the ABA Journal reports. Law360’s annual “Glass Ceiling Report” collected data from a sampling of 300 firms in the U.S. The previous year’s figure was slightly lower at 34 percent. The percentage of women as equity partners is less than 20 percent, virtually unchanged from the previous year.

Posted by: Katharine Heriges on Jun 26, 2017

Kramer Rayson LLP, a firm with offices in Knoxville and Oak Ridge, was named the Top Workplace among small companies by the Knoxville News Sentinel. Employees surveyed by the publication say that a tight-knit workplace where colleagues are treated like family contributes to the happy office environment. Kramer Rayson was founded in 1948 and currently has 55 employees.

Posted by: Katharine Heriges on Jun 6, 2017

The ABA Journal this month reported on the growth of managed services business, which design, build and staff process systems that efficiently complete legal work. A leader in the industry profiled in the piece is Counsel on Call, founded by Jane Allen in Nashville back in 2000. The company started after Allen saw room in the market for attorneys who would work for a reduced hourly rate in order to accommodate more flexible schedules, and those attorneys could help firms with peaks in workflow or a need to fill temporary positions. Counsel on Call is now a $50-million-per-year business that employs more than 1,000 lawyers.

Posted by: Katharine Heriges on Jun 5, 2017

Large law firms saw a small increase in diversity last year, but the gains did not extend to African-American lawyers, the ABA Journal reports. Minorities now make up 15.6 percent of the lawyers at the nation’s top 250 firms, up from 15 percent last year, and the percentage of minority partners increased 0.4 percentage points, to 8.6 percent. The percentage of African-Americans, however, did not change from the previous year. According to the American Lawyers's  diversity scorecard, Asian-American and Hispanic lawyers did expericnce gains in both number of lawyers and partners.  

Posted by: Katharine Heriges on Apr 6, 2017

Partners at Bradley recently published a piece in JDSupra about their decision to rebrand their firm into the single-word moniker, after a 2008 merger between Bradley Arant Rose & White and Boult Cummings Conners & Berry created confusion among clients and the marketplace. They wrote that not only did the rebrand eliminate confusion, it also created a more modern aesthetic for the firm. 

Posted by: Katharine Heriges on Mar 20, 2017

Recent research shows that while artificial intelligence has become more and more useful to the modern legal community, a robot is not ready to replace a flesh-and-blood lawyer, the New York Times reports. Advising clients, writing legal briefs, negotiating in court and more appear to be beyond the reach of computerization, at least for now.

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