When a Law Firm's Tech Venture Goes South, the Lawsuits Fly
Description
The law firm Norton Rose Fullbright thought it was taking a great leap forward when it brought on two partners and acquired the legal tech startup they co-founded, NMBL Technologies. Now, the firm and the startup are mired in a messy litigation battle against one another.
On this episode of our podcast, On The Merits, Bloomberg Law reporters Alex Ebert and Evan Ochsner get into the unusual agreement these two parties made with each other and why it ended so poorly. They also talk about the myriad challenges in the race to get into the the legal tech space.
"Law firms aren't afraid to get creative in this space, especially with AI," Ochsner says. "They're worried about getting left behind."
Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.
United States
