ALTERNATE REALITY – Widespread use of virtual reality technology in the courtroom still has a lot of bugs to work out. Still, as Law.com’s Cassandre Coyer reports, it doesn’t mean legal professionals aren’t already leveraging virtual reality technology in certain cases. For example, VR evidence has made quite the difference in alternative dispute resolution—particularly in mediations—often turning the tide and avoiding going to trial all together. “I believe the majority of the cases that we have used VR have been vision-related cases. And the purpose of VR with vision-related cases is it’s really the only way you can allow the audience to fully grasp what that person is or is not able to see as a result of their injuries,” said Cynthia Landon, visual litigation strategist at High Impact. She added, “And I think that is why it has the biggest impact in mediation because it allows the other side to also see and it just becomes very clear.” Looking ahead, experts expect the use of VR in the legal market to steadily grow, eventually spilling over to other use cases in the judicial system. “I think that’s just a matter of time, and a matter of us, the creators of this type of exhibit, to open our minds and look at other cases and try to think of a way because I do think it’s applicable to pretty much everything,” Landon said. “It’s just a matter of someone’s thinking of it first.”
ON THE RADAR – The U.S. Securities and Exchange Commission filed a lawsuit Thursday in New Jersey District Court targeting National Realty Investment Advisors and other defendants for allegedly defrauding investors of over $600 million in a Ponzi scheme. The complaint contends that the defendants used radio and television ads to misrepresent and promote investment in National Realty, which filed for Chapter 11 bankruptcy protection last June. Attorneys have not yet appeared for the defendants. The case is 2:22-cv-06066, Securities And Exchange Commission v. National Realty Investment Advisors LLC et al. Stay up on the latest deals and litigation with the new Law.com.
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