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The Future of Legal Tech: How Technology Is Transforming the Business of Law

MatterSuite

Here are some of the key technologies shaping the legal industry: Artificial Intelligence (AI) and Machine Learning Legal Research: AI-powered platforms, like ROSS, use natural language processing (NLP) and machine learning. It automates the time-consuming process of document review and due diligence.

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Legal AI Tools

Lawmatics

Contract analysis: AI technologies, including natural language processing (NLP) and machine learning, are used to analyze and review contracts to identify key terms and potential risks and help ensure compliance.

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Technology for Lawyers: Empowering the Legal Profession in the Digital Age

CaseFox

With the exponential growth of digital data, legal proceedings often involve vast amounts of electronically stored information (ESI). Advanced e-discovery tools and software help lawyers sift through this data, identifying relevant evidence, and streamlining the discovery process. This assists legal teams in building stronger cases.

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You Can’t Have Legal GRC Optimisation Without Data Management Improvement?

Legal Tech Blog

While these are necessary to help reduce complacency towards internal data protection compliance and ensure organisations actively work to reduce their exposure, it isn’t always easy for companies to align. Data quality is fundamental to this.

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UK Financial Regulators Publish Response to AI Consultation – Seven Takeaways

Debevoise Data Blog

On 26 October 2023, the Bank of England, Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”, collectively the “UK Financial Authorities”) published FS2/23 on Artificial Intelligence and Machine Learning (the “Response Paper”).

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Cybersecurity in the Remote Work Era: AI, Employees and an Integrated Defense – With SessionGuardian’s Jordan Ellington and Oren Leib, and Katten’s Trisha Sircar (TGIR Ep. 211)

3 Geeks and a Law Blog

Leib notes SessionGuardian’s solution addresses risks beyond eDiscovery and source code review, including data breach response, M&A due diligence, and outsourced call centers. Recently, a major North American bank told Leib that 10 of their last breach incidents were caused by unauthorized photography of sensitive data.

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Legal Innovation and AI: Risks and Opportunities

Clio

While much discussion of law firm innovation focuses on technology, such as AI and machine learning, innovation also encompasses mindsets that encourage openness to ideas, collaboration, and addressing client needs. When evaluating solutions, focus first on robust security measures and data protection.