Wed.Aug 02, 2023

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Innovative Thinker: Colin Levy Of Malbek

Above the Law - Technology

The company's chief lawyer weighs in on his career path, the future of the legal industry, and what he would change about the practice of law. The post Innovative Thinker: Colin Levy Of Malbek appeared first on Above the Law.

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Generative AI Could Reduce Law Firm Revenue by 23.5%

3 Geeks and a Law Blog

by 3 Geeks ( Ryan McClead , Greg Lambert , and Toby Brown ) This is part 2 in a 3 part series. The first part is here. Part 3 will come out tomorrow. The Big Idea: We found a much better dataset, though still small, from which to extrapolate actual effects of Generative AI on the legal industry. Key takeaways: We got anonymized and summarized data for 10 corporate legal departments from LexisNexis CounselLink The data showed that almost 40% of time entries, representing 47% of billings, could po

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Maybe You Don’t Need To ‘Recession-Proof’ Your Firm After All?

Above the Law - Technology

But your rivals are still on the cutting edge of tech. Here’s how you can join them and even get ahead. The post Maybe You Don’t Need To ‘Recession-Proof’ Your Firm After All? appeared first on Above the Law.

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Are You Financially Ready for Retirement?

Attorney at Work

Camille Stell | Are you financially prepared for a long life after law? You may live a lot longer than you think — tips for planning accordingly. The post Are You Financially Ready for Retirement? appeared first on Attorney at Work.

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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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How A Century-Old Insight of Photography Can Inform Legal Questions of AI-Generated Artwork (Guest Blog Post)

Eric Goldman

A new breed of artists is using generative artificial intelligence tools like DALL·E, Midjourney, Firefly, and ChatGPT to create artistic works. Do these creations belong to the artists or the public domain? Do creators who use generative AI maintain copyright in their creations? By guest blogger Prof. Christa Laser Artists and creators can generate digital images , alter photos , conjure creative text , or make code all from a set of natural language text-based prompts using generative artifi

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Local Services Ads for Lawyers: How to Help Your Firm Succeed

Clio

Finding new leads is one of the biggest challenges facing lawyers today. For many, the task is confusing and time-consuming—yet, ever so vital to a law firm’s success. With droves of people turning to search engines to look for legal services, it’s crucial to build an online presence that attracts prospective clients in the right place at the right time.

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LexisNexis Lays Out More Details On Its Collaboration with Microsoft to Roll Out Generative AI Products

LawSites

LexisNexis is providing new details today on its collaboration with Microsoft to offer legal professionals AI-powered products and capabilities directly within the Microsoft 365 ecosystem that is typically the center of their workflows. In a briefing yesterday, Jeff Pfeifer , chief product officer, Canada, UK and USA, at LexisNexis, revealed new information about the products being developed through the LexisNexis-Microsoft collaboration, all of which are focused on integrating generative AI cap

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Consilio to Acquire UK's Lawyers on Demand and SYKE to Globally Expand ELS Offerings

Legal Tech Monitor

The acquisition is the latest move in a pattern of expansion for Consilio in recent years, bolstering the company’s enterprise legal services capabilities and international reach.

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Washington’s Novel Health Data Law: An In-Depth Look

Debevoise Data Blog

U.S. state privacy continues to be at the forefront of legislative and policymaking activity. Although states continue to pass comprehensive privacy laws in 2023, Washington’s My Health My Data Act (“MHMDA”) deserves closer attention due to its breadth as well as its novel—and potentially onerous—provisions. This post highlights key aspects of the MHMDA with a focus on net-new provisions that organizations should consider as they build out their privacy compliance programs.

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Don’t Kill the Golden Goose – Survey on 30 Years of Legal Publishing Mergers

Legal Tech Monitor

In less than six months, two of the remaining independent and reasonably priced legal research providers Fastcase and Casetext have been acquired or are in the process of being acquired. Fastcase, which itself had acquired the analytics platform Docket Alarm has been absorbed into vLex , an interesting and innovative European start-up, which has been making some inroads into the US legal market over the past decade.

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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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Empowering Lawyer-Client Transactions: Exploring the Best Payment Methods for Lawyers

CaseFox

Is your law firm still accepting payments from clients through traditional methods? Are your clients asking to pay online for legal services? Are you looking for different lawyer payment methods? If the answer is yes, you have landed on the perfect blog. These days, clients are looking for convenience, security, and flexibility while making payments for legal services.

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Judge Clarifies What Lawyer Can—and Cannot—Discuss on Social Media Ahead of New Trial

Legal Tech Monitor

“[Mike] Rafi cannot discuss this case with such specificity that any listeners or viewers who might be potential jurors would know, or be likely to know, that Rafi is referring to the above-styled case,” read Gwinnett County State Court Judge Ronda S. Colvin’s order.

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LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot 

Legal IT Insiders

LexisNexis today (2 August) announced a raft of updates on its partnership with Microsoft, including the availability in the US of intelligent drafting tool Lexis Create and a new Create … LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot Read More » The post LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot appeared first on Legal IT Insider.

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The Place for Expertise

Legal Tech Monitor

Reading Time: 6 minutes I have been reading The Big Con, a book that looks at large consulting organizations and their impact on their clients, especially public ones like government. I’ve long been skeptical about how consulting fits into business operations, libraries or otherwise. This book spoke to me, reinforcing my concerns about expertise and knowledge loss, and especially hollowing out of organizations.

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Turn your Love of Art into a Law Career

Martindale-Avvo

It’s always exciting to see where your passions can take you. Just because you have a love of art does not necessarily mean you want to pursue a career as an artist. Whether you make art in your free time or you simply enjoy touring galleries and art fairs, you can actually channel that love of art into a law career. Want to learn how to utilize your passion for art in your law career?

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Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business

Legal Tech Monitor

eDiscovery vendor Consilio is set to acquire flexible legal services provider Lawyers On Demand (LOD) and SYKE, the UK headquartered legal technology consultancy that LOD invested in in 2021. The. Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business Read More » The post Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business appeared first on Legal IT Insider.

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Don’t Kill the Golden Goose – Survey on 30 Years of Legal Publishing Mergers

Dewey B Strategic

In less than six months, two of the remaining independent and reasonably priced legal research providers Fastcase and Casetext have been acquired or are in the process of being acquired. Fastcase, which itself had acquired the analytics platform Docket Alarm has been absorbed into vLex , an interesting and innovative European start-up, which has been making some inroads into the US legal market over the past decade.

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Maybe You Don’t Need To ‘Recession-Proof’ Your Firm After All?

Legal Tech Monitor

But your rivals are still on the cutting edge of tech. Here’s how you can join them and even get ahead. The post Maybe You Don’t Need To ‘Recession-Proof’ Your Firm After All? appeared first on Above the Law.

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A Closer Look at 2023 U.S. State Privacy Law Activity: Washington State

Debevoise Data Blog

U.S. state privacy continues to be at the forefront of legislative and policymaking activity. Although states continue to pass comprehensive privacy laws in 2023, Washington’s My Health My Data Act (“MHMDA”) deserves closer attention due to its breadth as well as its novel—and potentially onerous—provisions. This post highlights key aspects of the MHMDA with a focus on net-new provisions that organizations should consider as they build out their privacy compliance programs.

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LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot 

Legal Tech Monitor

LexisNexis today (2 August) announced a raft of updates on its partnership with Microsoft, including the availability in the US of intelligent drafting tool Lexis Create and a new Create. LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot Read More » The post LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot appeared first on Legal IT Insider.

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Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business

Legal IT Insiders

eDiscovery vendor Consilio is set to acquire flexible legal services provider Lawyers On Demand (LOD) and SYKE, the UK headquartered legal technology consultancy that LOD invested in in 2021. The … Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business Read More » The post Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business appeared first on Legal IT Insider.

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Innovative Thinker: Colin Levy Of Malbek

Legal Tech Monitor

The company’s chief lawyer weighs in on his career path, the future of the legal industry, and what he would change about the practice of law. The post Innovative Thinker: Colin Levy Of Malbek appeared first on Above the Law.

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ikaun Announces CV Automation Powering World Class Experience Management Platform

Legal IT Professionals

ikaun, the AI-powered, world class experience management platform for law firms and professional services organizations, today announces the release of CV Automation, a powerful new feature in the ikaun platform that radically simplifies the search for accurate CVs and resumes and enables very large packages of perfectly consistent, branded CVs to be instantly downloaded at the touch of a button and exported to a wide variety of standard bid formats such as World Bank, US Standard Form 220 and E

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LexisNexis Announces Integration with Microsoft 365 Copilot/Generative AI Solutions

Legal Tech Monitor

Today LexisNexis is announcing that their soon to be launched AI powered solutions will be integrated into Microsoft 365. The product integrations include– Lexis+ ® , Lexis ® Connect, Lexis ® Create, and Lexis ® Create Plugin with Microsoft 365 Copilot. Both companies are committed to providing legal professionals with “intelligent, AI-powered tools, enhanced capabilities, and more efficient, guided workflow experiences” inside the suite of Microsoft products where they currently work: Microsof

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Get your Update on IT & Data Protection Law in our Germany Newsletter (Summer 2023 Edition)

Technology Law Dispatch

The Summer 2023 Edition of the quarterly IT & Data Protection Newsletter by Reed Smith Germany has just been released: English version German version This edition covers the following topics: New adequacy decision for EU-U.S. data transfers CJEU: Requirements for GDPR damage claims CJEU: Lawfulness of processing in case of Art. 26 and 30 GDPR violations CJEU: News on the right to be forgotten Advocate General: Objective criteria for determining joint controllership (Article 26 of the GDPR) G

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LexisNexis Lays Out More Details On Its Collaboration with Microsoft to Roll Out Generative AI Products

Legal Tech Monitor

LexisNexis is providing new details today on its collaboration with Microsoft to offer legal professionals AI-powered products and capabilities directly within the Microsoft 365 ecosystem that is typically the center of their workflows. In a briefing yesterday, Jeff Pfeifer , chief product officer, Canada, UK and USA, at LexisNexis, revealed new information about the products being developed through the LexisNexis-Microsoft collaboration, all of which are focused on integrating generative AI cap

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Consilio Announces Intent to Acquire Lawyers On Demand and SYKE

Legal IT Professionals

Consilio, the global leader in legal technology solutions and enterprise legal services, has come to an agreement to acquire Lawyers On Demand (LOD), a pioneer in flexible legal talent, and SYKE, a premier legal technology consultancy headquartered in the UK.

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Press Release | ILTA Announces Additional Registration Type for ILTACON Europe

Legal Tech Monitor

From : Blog Entry >> ILTA’s Blog Entry (Chicago, IL) August 2, 2023 – The International Legal Technology Association (ILTA) Announces ILTACON Europe 2023 registration opening for non-members. ILTA is pleased to announce ILTACON Europe , the premier legal technology professional education and networking event, will be returning to Allen and Overy , hosted in their London office on the 15-16 November 2023.

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LexisNexis Announces Integration with Microsoft 365 Copilot/Generative AI Solutions

Dewey B Strategic

Today LexisNexis is announcing that their soon to be launched AI powered solutions will be integrated into Microsoft 365. The product integrations include– Lexis+ ® , Lexis ® Connect, Lexis ® Create, and Lexis ® Create Plugin with Microsoft 365 Copilot. Both companies are committed to providing legal professionals with “intelligent, AI-powered tools, enhanced capabilities, and more efficient, guided workflow experiences” inside the suite of Microsoft products where they currently work: Microsof

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Practice Management Company Centerbase Says Its New Reporting Capability Precisely Analyzes Profitability for Mid-Sized Law Firms

Legal Tech Monitor

Do you really know how profitable your firm is and which timekeepers, clients and practice areas are driving that profitability? Centerbase , a Dallas-based company providing cloud legal practice management software for mid-sized law firms, says its new profitability reporting capability, launching today, will enable firms to analyze their profitability more precisely than traditional reporting platforms.

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A No-BS Way to Tell If Your Marketing Is Working

Attorney at Work

Brooke Lively | Where are you spending on marketing that isn't paying off? A simple formula. The post A No-BS Way to Tell If Your Marketing Is Working appeared first on Attorney at Work.

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Generative AI Could Reduce Law Firm Revenue by 23.5%

Legal Tech Monitor

by 3 Geeks ( Ryan McClead , Greg Lambert , and Toby Brown ) This is part 2 in a 3 part series. The first part is here. Part 3 will come out tomorrow. The Big Idea: We found a much better dataset, though still small, from which to extrapolate actual effects of Generative AI on the legal industry. Key takeaways: We got anonymized and summarized data for 10 corporate legal departments from LexisNexis CounselLink The data showed that almost 40% of time entries, representing 47% of billings, could po

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Making Space for Authenticity with Erin Coupe and Stellar Women

Relativity

In this episode of Stellar Women, Erin Coupe talks about how to connect with your truest self to be more intentional at work and find greater balance in life.

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LexisNexis Brings Lexis Create to U.S., Announces New Gen AI Capabilities Ahead

Legal Tech Monitor

First launched in the United Kingdom in 2021, Lexis Create, a drafting solution built into Microsoft Word, will be available for U.S. customers in Q3 for the first time, with generative AI enhancements planned to follow shortly after.

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Wolters Kluwer posts 4% organic growth for legal business

Legal IT Professionals

Wolters Kluwer, the information services technology company, has posted its half-year 2023 results. The company reported revenues of €2,725 million for the period, up 6% organically. Its Legal and Regulatory (LR) division, one of five divisions at the company, reported organic growth of 4%, led by digital subscription revenues.

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