Vanderbilt University Tops Settlement Payments with $55 Million in Major Financial Aid Antitrust Lawsuit

Nashville, Tenn. — Vanderbilt University has reached a settlement in a high-profile class action lawsuit that accused it and other prominent institutions of colluding to limit financial aid, which would have interfered with fair competition. This settlement is part of a broader agreement involving ten of the seventeen universities named in the complaint originally filed in January 2022. The settlement agreement totals $284 million, with Vanderbilt University committing to the highest individual sum of $55 million. This resolution correlates with claims made against an alliance of prestigious universities, which also includes Brown University, the University … Read more

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

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