Tue.Aug 22, 2023

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Attorneys Know AI Will Have Significant Impact… Aren’t Sure What To Do About That

Above the Law - Technology

Latest survey from LexisNexis reveals a befuddled attorney population. The post Attorneys Know AI Will Have Significant Impact… Aren’t Sure What To Do About That appeared first on Above the Law.

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How Artificial Intelligence is Revolutionizing & Transforming the Legal Technology Landscape

Ward Blawg

This new blog post from a contributor, a seasoned expert at the intersection of law and technology, will offer unique perspectives and real-world examples to illustrate the transformative potential of AI in the legal domain.

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Today At ILTACON: ‘We’ve Only Just Begun’

Above the Law - Technology

ILTACON 2023 is now in full swing! Here's a rundown of today's events. The post Today At ILTACON: ‘We’ve Only Just Begun’ appeared first on Above the Law.

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Deploying Cutting-Edge Legal AI: Travers Smith’s Cautious, But Open-source Approach. (TGIR Ep. 216)

3 Geeks and a Law Blog

In this episode of The Geek in Review, hosts Greg Lambert and Marlene Gebauer interview three guests from UK law firm Travers Smith about their work on AI: Chief Technology Officer Oliver Bethel , Director of Legal Technology Sean Curran , and AI Manager Sam Lansley. They discuss Travers Smith’s approach to testing and applying AI tools like generative models.

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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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Legal Industry AI Perception Quick Poll

Hanzo Blog

Since the emergence of Chat GPT, the legal industry's response to artificial intelligence (AI) language models has been mixed, ranging from excitement about the potential efficiency gains to concerns about accuracy, privacy and security, and ethical implications.

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Court Says No Human Author, No Copyright (but Human Authorship of GenAI Outputs Remains Uncertain) (Guest Blog Post)

Eric Goldman

by guest blogger Heather Whitney To the surprise of no one, a D.C. district court granted summary judgment for the Copyright Office in Thaler v. Perlmutter , No. 1:22-cv-01564 (D.D.C. Aug. 18, 2023), affirming the Copyright Office’s position that “a work generated entirely by an artificial system absent human involvement [is not] eligible for copyright.

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More Trending

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Transformational: New ‘Future of Professionals’ Report Unpacks the Impact of AI

Attorney at Work

Thomson Reuters’ new survey report on the impact of AI on professionals makes the case for cautious positivity. Here are highlights from “How AI is the Catalyst for Transforming Every Aspect of Work.” What macro trends will have the biggest impact on the legal profession in the next five years? In Thomson Reuters’ newly released […] The post Transformational: New ‘Future of Professionals’ Report Unpacks the Impact of AI appeared first on Attorney at Work

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Trump’s bond set at $200,000 in Georgia election-related case–Politico

lennyesq

By KYLE CHENEY Donald Trump’s attorneys have signed an order setting his bond on racketeering charges in Georgia at $200,000 and binding Trump to a set of rules that explicitly limit his ability to use social media to attack witnesses or co-defendants in the case. The three-page order , signed by Georgia Superior Court Judge Scott McAfee, sets the conditions of Trump’s pretrial release in the case, which stems from his effort to subvert the 2020 election.

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What Is the True ROI of Your Legal Tech Investment?

Legal Tech Monitor

Statistical studies suggest legal tech will grow at a CAGR of four percent through 2027 and reach a market cap of $35 billion. Conversations about legal tech investment and adoption [.] The post What Is the True ROI of Your Legal Tech Investment? appeared first on Exigent group.

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Key Features to Consider When Selecting Law Practice Management Platforms

MatterSuite

Managing a law firm can be arduous, particularly when running a small firm with staffing limits. Technology is integral to every aspect of our lives. Legal practitioners, lawyers, and paralegals can greatly streamline many administrative parts of law practice. They can achieve this through the use of certain types of legal software. One survey showed that 9 out of 10 attorneys said; adopting legal technology helped them improve their servicing abilities.

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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Legal Industry AI Perception Quick Poll

Legal Tech Monitor

Since the emergence of Chat GPT, the legal industry’s response to artificial intelligence (AI) language models has been mixed, ranging from excitement about the potential efficiency gains to concerns about accuracy, privacy and security, and ethical implications.

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What Is Double Billing And How To Prevent It?

CaseFox

Picture this: you are a lawyer who is traveling somewhere to take an out-of-town deposition for Client ‘A’. While traveling, you are conducting legal research for Client ‘B’. Now the question is how many billable hours a lawyer can invoice and which client he should bill? This question may sound like a math problem from your school. But the fact is, this is how double billing usually takes place.

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LexisNexis International Legal Generative AI Survey – In House Counsel  Expectations Will Drive Law Firm Adoption

Legal Tech Monitor

LexisNexis Legal & Regulatory has released the results of its International Legal Generative AI Survey. The survey asked 7,950 lawyers, law students, and consumers across the U.S., U.K., Canada, and France about their overall awareness, its anticipated impact on the practice of law, use of generative AI, and expectations of adoption. “Our survey confirms what we hear from customers all over the world every day, that they are excited about the potential of generative AI to help improve their

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273 Ventures launches first large-scale legal dataset for building compliant AI models

Legal IT Insiders

273 Ventures – the legal technology product studio and consultancy co-founded in 2022 by Daniel Katz and Michael Bommarito – has launched a dataset containing over 150B tokens of foundational … 273 Ventures launches first large-scale legal dataset for building compliant AI models Read More » The post 273 Ventures launches first large-scale legal dataset for building compliant AI models appeared first on Legal IT Insider.

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A Code of Ethics for the Supreme Court? Transparency and Bias in the Judiciary

Legal Tech Monitor

Last month, the Senate Judiciary Committee approved legislation that would establish stronger ethics standards for the U.S. Supreme Court. It would mandate a new “code of conduct” for the highest court and a process for adjudicating violations modeled on the enforcement mechanisms that exist in lower courts. This code of conduct would require more transparency and accountability around potential conflicts of interest, gifts, and recusal decisions.

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How Martindale-Nolo Delivers Leads

Martindale-Avvo

Need more legal leads? Martindale-Nolo is part of Martindale-Avvo’s family of renowned brands developed to help law firms like yours scale their practice. Martindale-Nolo offers numerous comprehensive marketing solutions to help you reach your target audience more efficiently and increase your firm’s high-quality legal leads. What Legal Lead Services Does Martindale-Nolo Offer?

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Nearly Half of Legal Professionals and Consumers Believe Generative AI Will Transform Law Practice, LexisNexis Survey Finds

Legal Tech Monitor

A new international survey of lawyers, law students and consumers finds that nearly half believe generative AI will have a significant or transformative impact on the practice of law. Conducted by LexisNexis and released this morning at ILTACON, the annual conference of the International Legal Technology Association, the survey polled 7,950 lawyers, law students and consumers in the U.S., U.K., Canada and France about their overall awareness of generative AI and their perspectives on its potenti

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10 Family Law Marketing Tips to Grow Your Firm

Clio

Marketing is crucial to any law firm’s success—but there’s no such thing as a one-size-fits-all law firm marketing strategy. Different practice areas have unique needs, so your marketing strategies should be tailored to serve your firm’s specific client base and branch of law. This is particularly true with family law marketing. Family law firm clients need help with matters related to their personal and family lives—which are often sensitive, challenging, and emotional.

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Tech Snippets Today – GoodDollar – Anna Stone – Executive Director, with Joseph Raczynski

Legal Tech Monitor

Today I had a really encouraging and thoughtful conversation with Anna Stone, Executive Director at GoodDollar. GoodDollar is a protocol to deliver a global universal basic income (UBI) to anyone who wants it. Their philosophy is that they believe this is a great way to onboard more people into Web3, and to give out digital money that people can use to improve their lives.

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Report: 8 legal experts on the future of the billable hour

ELTA

Few topics make for a more heated discussion than the billable hour. The concept is under pressure, and it will become increasingly hard for law firms to stay ahead of the race by only billing by the hour. The system feels outdated, and it doesn’t challenge law firms to cultivate a competitive advantage or price based on offered value (speed, specific expertise, the commercial value of the contract, etc.).

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New LexisNexis Study Suggests Generative AI May Impact the Attorney-Client Relationship

Legal Tech Monitor

We perish for lack of knowledge. LexisNexis today announced the results of a new generative AI survey. The study was based on responses from some 4000+ lawyers. There were also responses from legal professionals and law students. This new Study furthered the findings of LexisNexis’ prior survey back in March of this year of which I have previously written.

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Report: Money Matters, 9 legal expert perspectives on distribution of bonuses and profits at law firms

ELTA

In the ever-changing landscape of the legal industry, law firms face the constant challenge of attracting and retaining top talent while adapting to emerging trends and client demands. One crucial aspect in this delicate balancing act is culture, investments, and thus the distribution of bonuses and profit proceeds. The conventional business model of law firms, which has remained relatively unchanged over the past three decades, is under pressure: recent surveys indicate a decline in the number

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UX is the X-Factor for Remote Work Efficiency

Legal Tech Monitor

There is a way forward for companies in the emerging work-from-anywhere environment: a high-tier user experience (UX). Namely, one that minimizes distractions, simplifies workflows, reduces needless bottlenecks and simplifies task execution.

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How to Maximize Training for New Law Firm Software

Centerbase

Written by Ca r son Bailey, M. Ed. Before you can implement new legal software, you must convince your lawyers and staff to adopt it. And to adopt new technology, legal professionals must understand its features and functions — and how they will benefit from them. That requires in-depth training. But training can’t be one size fits all. After all, no two people learn the same, and you need to cater to their learning preferences to maximize their information intake — and the return on your techno

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Former Fastcase, LexisNexis Executive Steve Errick Joins American Arbitration Association As Senior VP with Focus on Tech and AI

Legal Tech Monitor

Steve Errick , a legal tech and publishing veteran who was formerly chief operating officer at Fastcase and head of the Legal Research Information Division at LexisNexis, has joined the American Arbitration Association as senior vice president and chief development officer. In this new role, Errick will guide various strategic initiatives, develop services and products, and oversee the AAA’s marketing efforts, the AAA said.

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New LexisNexis Study Suggests Generative AI May Impact the Attorney-Client Relationship

TechLaw Crossroads

We perish for lack of knowledge. LexisNexis today announced the results of a new generative AI survey. The study was based on responses from some 4000+ lawyers. There were also responses from legal professionals and law students. This new Study furthered the findings of LexisNexis’ prior survey back in March of this year of which I have previously written.

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Attorneys Know AI Will Have Significant Impact… Aren’t Sure What To Do About That

Legal Tech Monitor

Latest survey from LexisNexis reveals a befuddled attorney population. The post Attorneys Know AI Will Have Significant Impact. Aren’t Sure What To Do About That appeared first on Above the Law.

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Former Fastcase, LexisNexis Executive Steve Errick Joins American Arbitration Association As Senior VP with Focus on Tech and AI

LawSites

Steve Errick , a legal tech and publishing veteran who was formerly chief operating officer at Fastcase and head of the Legal Research Information Division at LexisNexis, has joined the American Arbitration Association as senior vice president and chief development officer. In this new role, Errick will guide various strategic initiatives, develop services and products, and oversee the AAA’s marketing efforts, the AAA said.

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273 Ventures launches first large-scale legal dataset for building compliant AI models

Legal Tech Monitor

273 Ventures – the legal technology product studio and consultancy co-founded in 2022 by Daniel Katz and Michael Bommarito – has launched a dataset containing over 150B tokens of foundational. 273 Ventures launches first large-scale legal dataset for building compliant AI models Read More » The post 273 Ventures launches first large-scale legal dataset for building compliant AI models appeared first on Legal IT Insider.

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Decoding the PayPal Verdict

Ikigai Law

In this article, we delve into the Delhi High Court’s verdict on PayPal Payments Private Limited v. Financial Intelligence Unit – India, analysing the complexities surrounding the definition of ‘reporting entities’ under the Prevention of Money Laundering Act (PMLA) and its implications for fintechs. The Delhi High Court’s recent judgement in PayPal Payments Private Limited (PayPal) v.

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LTN Startup Spotlight: Syntheia Founder on Gaining Traction With Customers as a Startup

Legal Tech Monitor

Legaltech News caught up with Horace Wu, the CEO and founder of contract analytics startup Syntheia, to discuss what his startup is doing differently from the competition, and how they hope to gain law firm trust.

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Agiloft Launches AI Trainer to Empower Non-Technical Users

Legal Tech Blog

Agiloft , calling itself the global standard in agile contract lifecycle management (CLM), announced the release of AI Trainer, a powerful, new AI model training capability that will empower non-technical users to fully customize the way they review and analyze contracts. Designed to be a force multiplier for legal and contract teams, AI Trainer empowers non-technical, subject matter experts to train Agiloft’s AI to identify important key terms and clauses, so they can quickly analyze and draw a

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Legal Tech Veteran Steve Errick Joins the American Arbitration Association

Legal Tech Monitor

The American Arbitration Association (AAA ® ), the global leader in arbitration and mediation services and data analytics, announced that Steve Errick will join their international division, the International Centre for Dispute Resolution ® (ICDR ® ), as Senior Vice President and Chief Development Officer. Steve has been a highly visible presence at legal tech conferences such as Legal Week, AALL and ILTA in his former roles virtually very legal publishing company.

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iManage Launches iManage Insight+, a Cloud-Native Knowledge Curation and Search Solution

Legal IT Professionals

iManage , the company dedicated to Making Knowledge Work TM , today announced the launch of iManage Insight+, a knowledge search and management solution, built natively in the iManage Cloud platform. Insight+ delivers powerful capabilities to enable knowledge workers to quickly discover examples of best practices work product, while empowering law firms and other knowledge-based organisations to curate and utilise knowledge to deliver improved productivity and effective client service.

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Thomson Reuters Releases Report on Impact of AI of Future of Legal Professionals.

Legal Tech Monitor

Thomson Reuters has released its Future of Professionals Report. The research was conducted during the months of May and June 2023 via an online survey. More than 1,200 professionals from the legal, tax and accounting, and risk professions employed by corporations, firms, and government agencies completed the survey. “We are at a unique moment where we have the opportunity to realize the benefits of human intelligence, thinking and collaboration differently, while using the potential of AI to ov