Solutions

Legal Tech Giant Partners with Vanderbilt Law School to Pioneer AI Solutions in the Legal Industry

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Atlanta, Georgia – A leading legal tech company, Aderant, and Vanderbilt Law School have announced a new collaboration aimed at promoting a greater understanding of artificial intelligence (AI) in the field of law. Both organizations prioritize AI, with Aderant having introduced AI tools like MADDI to enhance law business management and Vanderbilt Law School founding the Vanderbilt AI Law Lab (VAILL) to explore the intersection of AI and legal services. The collaboration between Aderant and Vanderbilt Law School began with a presentation by Aderant CTO Andy Hoyt to Vanderbilt Law School students associated with VAILL. … Read more

Former Dentons Innovator Joe Cohen Joins Charles Russell Speechlys to Lead Advanced Client Solutions and Launch Profitable Software Products

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LONDON, UK – Joe Cohen, the former mastermind behind Dentons’ successful legal tech project, FleetAI, has recently joined Charles Russell Speechlys (CRS) as the Director of Advanced Client Solutions (ACS). CRS, known for its work in private client services, finance, and real estate, aims to enhance its legal work delivery with the establishment of ACS. This move reflects a broader trend among top-tier law firms, as ACS incorporates Solution Development, Legal Tech & AI, Legal Project Management, Alternative Delivery, and Process Improvement. One notable aspect of ACS is its plan to develop and sell its … Read more

Otterbourg P.C. Launches Specialized Mass Tort Bankruptcy Practice Group to Provide Comprehensive Legal Solutions

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New York, NY – In a significant development, Otterbourg P.C., a prominent law firm based in New York, has announced the official launch of its Mass Tort Bankruptcy Practice Group. Led by highly experienced experts in the field, Sunni P. Beville and Adam C. Silverstein, along with the guidance of retired Chief Judge Melanie Cyganowski, the group aims to provide comprehensive legal services to creditors and fiduciaries involved in mass tort bankruptcy cases. With a strong foundation in mass tort bankruptcy, Otterbourg has been involved in pivotal cases such as In re LTL Management LLC … Read more

Unlocking Solutions: How Loss Portfolio Transfers Could Revolutionize Mass Tort Cases

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NEW YORK (AP) — Loss portfolio transfers have emerged as a creative tool for organizations and insurers to manage large risk pools and resolve liabilities in a fair and efficient manner. These reinsurance contracts involve ceding legacy liabilities to a reinsurer, who assumes and accepts the current and future claim liabilities. In exchange, the ceding entity agrees to pay the reinsurer for the reserves. While loss portfolio transfers are not yet common in mass tort litigation, a growing number of insurers and self-insured defendants are exploring this option to address their liabilities. One example of … Read more