Thu.May 25, 2023

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Leveraging ChatGPT In Legal Practice: Best Practices And Ethical Considerations

Above the Law - Technology

You can think of ChatGPT and tools like it as a highly intelligent assistant who sometimes sprinkles inaccuracies into its otherwise very helpful responses. The post Leveraging ChatGPT In Legal Practice: Best Practices And Ethical Considerations appeared first on Above the Law.

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News by Conversation: AI Chatbots Could Transform the Way We Access Legal Insight and Commentary

Kevin O'Keefe

News by conversation? Well, it’s starting to happen – to a small extent, as reported by The New York Times’ Benjamin Mullin. The implications of news by conversation are a tad scary for lawyers and law firms publishing legal insight and commentary to build a name. At some point, I could have a conversation with AI to “get” what I need without doing a search, traveling to legal sites or subscribing to various legal blogs or email newsletters.

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Agiloft appoints new chief marketing officer 

Legal IT Insiders

California-headquartered contract lifecycle management vendor Agiloft today (25 May) announced the appointment of Nicole Milstead as its new chief marketing officer. Milstead was previously CMO of ERP software provider FinancialForce, … Agiloft appoints new chief marketing officer Read More » The post Agiloft appoints new chief marketing officer appeared first on Legal IT Insider.

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Introducing Harvey AI: Revolutionizing the Legal Field with Artificial Intelligence

Martindale-Avvo

In the ever-evolving landscape of AI tools for the legal profession , a remarkable contender has emerged— Harvey AI , an AI solution specifically created for the legal profession. Backed by a recent investment from Open.AI, the creators of ChatGPT, many speculate on the implications of this technology for the future of law. Although Harvey AI is still in its beta phase, only time will reveal the true impact it will have on the legal industry.

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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 (Legal) Organizations can Achieve Thoughtful Adoption of New Technology and Innovation (Erik Bermudez VP of Strategic Partnerships – Filevine)

Technically Legal

Erik Bermudez, Vice President of Strategic Partnerships for legal practice management software Filevine, visits the podcast to discuss the importance of having an internal champion to drive software adoption within an organization, as well as ongoing training and metrics tracking to ensure the software is being used effectively. Erik also emphasizes that successful implementation of new technology requires top management’s understanding of the problem and pain points that the software is solving

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Artificial Intelligence in e-Discovery: Explaining, Describing, and Defending What is Beyond our Field of Vision

Relativity

As popular culture some serious tension in regards to AI, we asked some of our partners to give us their take on artificial intelligence in e-discovery. Interestingly, we found a quartet of common themes woven among them.

More Trending

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Enterprise CLM Market Leader Agiloft Appoints Nicole Milstead as Chief Marketing Officer

Legal IT Professionals

Agiloft, the global standard in no-code contract lifecycle management (CLM) software, today announced the appointment of Nicole Milstead as Chief Marketing Officer.

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ChatGPT Faces a Timeout as Legal Turns Its Attention to More Mature, Legal-Specific AI Tools

Legal Tech Monitor

ChatGPT rarely finds itself in most serious conversations about the use of generative AI in legal, and the focus is instead on the advanced LLMs themselves, such as GPT-4, and how they can best be harnessed to address the needs and concerns of the legal industry.

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CosmoLex Extends its All-in-one with CosmoLex Websites 

Lawyerist

Every business needs a website. Unfortunately, many law firms lack one, or if they have one, it serves no purpose beyond being a digital business card. Most firms want more, but time and other commitments preclude it. Fortunately, CosmoLex Websites makes creating and updating a powerful business website simple. It’s “Done for You” CosmoLex Websites operates on the “done for you” model.

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Thoughts on Availability Retainers and Subscription Legal Services After ABA Formal Opinion 505

Legal Tech Monitor

Prepaid legal fees and refundability of those fees was the subject of American Bar Association Formal Opinion 505. Yesterday I did a blog post about that and noted it tracked the opinion of the Oklahoma Supreme Court released in Oklahoma Bar Association v Weigel , 2014 OK 4 (2014). This is probably a good time to note that this post contains only my personal opinions and represents no policy or view of my employer.

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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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Document Management Software for the Distributed Law Firm

NSLT

COVID-19 changed how many of us work, creating a rapid pivot for many organizations, including law firms, to a hybrid or fully remote work structure. Where once everyone was expected to work onsite at the law firm offices, working from anywhere has become the norm for many law firms.

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The Proposed UN Cybercrime Treaty and a Path Forward

Legal Tech Monitor

Critics are deeply skeptical and have expressed fears that the Russian proposal is a smoke screen to help allow it and others to further their totalitarian propaganda aims and block dissent at home and abroad, a former prosecutor writes.

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Spellbook, An ‘AI Copilot’ for Contract Drafting in Word, Raises $10.9M from Moxxie, Thomson Reuters, Others

LawSites

Spellbook , a company formerly known as Rally Legal , and whose product uses GPT-4 and other generative AI models to speed contract drafting and review directly within Microsoft Word, has raised $10.9 million to drive hiring, development and expansion. The funding was led by Moxxie Ventures , with participation from Thomson Reuters Ventures , Inovia Capital , The LegalTech Fund , Bling Capital and others.

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Miami Judge to Rule on Sanctions in Crypto Class Action Against Mark Cuban, Dallas Mavericks

Legal Tech Monitor

“The main question is how far will Mark Cuban go to prevent his compelled damaging deposition and emails from ever becoming public?” Adam Moskowitz, managing partner at the Moskowitz Law Firm, said.

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Take Control When a Debt Collector Calls–Center for Retirement Research at Boston College

lennyesq

Kimberly Blanton Telephone customer service has become so automated that it can be extremely frustrating to resolve a problem. When it comes to bill collectors, the stakes are high. If the matter isn’t resolved, it can ruin your credit. In this video , Ana, a Cuban immigrant to Miami in the 1970s, hit a wall of silence after responding to a collection agency that claimed she owed $34,000 for a debt.

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'A Different Approach': Texas Bill Sets 'High Watermark' for Data Privacy Standards

Legal Tech Monitor

The Texas Data Privacy and Security Act aligns with some of the strictest data privacy laws in the country, but with an added unique scope of applicability.

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Artificial Intelligence in e-Discovery: Explaining, Describing, and Defending What is Beyond our Field of Vision

Relativity

As popular culture some serious tension in regards to AI, we asked some of our partners to give us their take on artificial intelligence in e-discovery. Interestingly, we found a quartet of common themes woven among them.

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The Impact of AI: Enhancing and Empowering the Ability of Corporate Lawyers to Serve Clients

Legal Tech Monitor

AI tools can revolutionize certain aspects of corporate legal work, but AI won’t replace laywers’ years of experience, judgment and reasoning anytime soon.

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PCI Compliance for Law Firms: A Comprehensive Guide

MatterSuite

In today’s digital age, where financial transactions are increasingly conducted online, the security of payment card information is of paramount importance. This is particularly true for law firms that handle sensitive client data, including credit card information. PCI compliance, which stands for Payment Card Industry Data Security Standard, is a set of security standards designed to protect cardholder data and ensure secure payment card transactions.

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Poll Result: There Should Be No Pause in Training Advanced AI Models

Legal Tech Monitor

We asked readers if they agreed with a recent proposal to pause the training of advanced generative AI models for six months, and 62% said no. Here’s why.

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In the News

iPhone J.D.

Brett Burney and I had planned to record the 100th episode of the In the News podcast this morning, but as a result of an unexpected family issue that arose, we need to postpone that milestone for another week or two. Even though you are reading my words today instead of hearing my voice, I still want to take the opportunity to thank everyone who listens to the podcast or who watches the YouTube version for joining us for the last two years.

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Spellbook, An ‘AI Copilot’ for Contract Drafting in Word, Raises $10.9M from Moxxie, Thomson Reuters, Others

Legal Tech Monitor

Spellbook , a company formerly known as Rally Legal , and whose product uses GPT-4 and other generative AI models to speed contract drafting and review directly within Microsoft Word, has raised $10.9 million to drive hiring, development and expansion. The funding was led by Moxxie Ventures , with participation from Thomson Reuters Ventures , Inovia Capital , The LegalTech Fund , Bling Capital and others.

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FTC Announces COPPA Settlement Against Ed Tech Provider Including Strict Data Minimization and Data Retention Requirements

Inside Privacy

On May 22 the Federal Trade Commission (“FTC”) announced a $6 million settlement with Edmodo, an ed tech provider, for violations of the COPPA Rule and Section 5 of the FTC Act. The FTC described this settlement as the first FTC order that will prohibit an ed tech provider from requiring students to provide more personal data than necessary to participate in online activities.

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Legal IT Latest: ‘AI copilot’ Spellbook raises $10.9m, Travers launches open source ChatGPT alternative, plus all the latest gen AI announcements 

Legal Tech Monitor

North American ‘AI copilot for lawyers’ Spellbook (formerly Rally) yesterday (25 May) announced $10.9M in funding led by Moxxie Ventures, as well as a formal rebrand from Rally to Spellbook. Legal IT Latest: ‘AI copilot’ Spellbook raises $10.9m, Travers launches open source ChatGPT alternative, plus all the latest gen AI announcements Read More » The post Legal IT Latest: ‘AI copilot’ Spellbook raises $10.9m, Travers launches open source ChatGPT alternative, plus all the latest gen AI announcem

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Crypto Hacks in 2023 have declined in 2023, but likely to Increase!

Vogel IT Law

BankInfoSecurity.com reported that “Law enforcement and regulatory action over the past year in the United States most likely dissuaded hackers from stealing cryptocurrency, making the amount stolen in the first quarter of the year the lowest compared to each of the four quarters in 2022.” The May 23, 2023 article entitled ” Sharp Decline in Crypto Hacks in Q1 2023 Unlikely to Last” included these comments “In comparison, hackers stole $4 billion in 2022”: Hackers siphoned off $400 million wort

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Agiloft appoints new chief marketing officer 

Legal Tech Monitor

California-headquartered contract lifecycle management vendor Agiloft today (25 May) announced the appointment of Nicole Milstead as its new chief marketing officer. Milstead was previously CMO of ERP software provider FinancialForce, Agiloft appoints new chief marketing officer Read More » The post Agiloft appoints new chief marketing officer appeared first on Legal IT Insider.

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Legal IT Latest: ‘AI copilot’ Spellbook raises $10.9m, Travers launches open source ChatGPT alternative, plus all the latest gen AI announcements 

Legal IT Insiders

North American ‘AI copilot for lawyers’ Spellbook (formerly Rally) yesterday (25 May) announced $10.9M in funding led by Moxxie Ventures, as well as a formal rebrand from Rally to Spellbook. … Legal IT Latest: ‘AI copilot’ Spellbook raises $10.9m, Travers launches open source ChatGPT alternative, plus all the latest gen AI announcements Read More » The post Legal IT Latest: ‘AI copilot’ Spellbook raises $10.9m, Travers launches open source ChatGPT alternative, plus all the latest gen

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Litera appoints new chief technology officer to deliver on product portfolio

Legal Tech Monitor

Litera has appointed Greg Ingino as its new chief technology officer to lead the engineering, dev ops, architecture, R&D operations, QA, IT, and security teams across the company and deliver. Litera appoints new chief technology officer to deliver on product portfolio Read More » The post Litera appoints new chief technology officer to deliver on product portfolio appeared first on Legal IT Insider.

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Deep Dive Recap: Connect with Clients Using the Lawmatics Client Portal

Lawmatics

Register for upcoming Monthly Deep Dives here. The Lawmatics Client Portal has everything you need to both ease communication and manage action items for an ongoing case. Everything about the Client Portal is designed for easy activation, easy adoption, and ease of use for both your staff and clients. But why use the Client Portal when you already have Lawmatics automating so much of your client communication?

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Leveraging ChatGPT In Legal Practice: Best Practices And Ethical Considerations

Legal Tech Monitor

You can think of ChatGPT and tools like it as a highly intelligent assistant who sometimes sprinkles inaccuracies into its otherwise very helpful responses. The post Leveraging ChatGPT In Legal Practice: Best Practices And Ethical Considerations appeared first on Above the Law.

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How eCheck Payments Work

Clio

Payments can be a pain point for any business. That’s why companies are increasingly turning to digital methods to effortlessly receive funds while giving customers the flexibility to pay in the best ways for them. One highly popular choice: eChecks. This simple form of payment is faster and more convenient than paper checks and offers lower fees than credit card payments.

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LawBase Integrates Generative AI Into Its Matter Management Solution

Legal Tech Monitor

The matter management company may be the latest in a crowd of legal tech vendors integrating generative AI into their tools, but they hope to set themselves apart by focusing on metadata retrieval.

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Key Takeaways from ACC Europe 2023

Xakia

Members of Xakia's EMEA team, Dan Wales (VP - EMEA) and Margo Harris (Customer Success Manager), had the opportunity to attend the 2023 ACC Europe Conference , "Building Bridges," which took place from 16-18 April in Brussels, Belgium — a city known for bringing people together, perfectly symbolizing this year’s conference theme: “Building Bridges”.

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Legal Tech Startup Spellbook Raises $10.9 Million, With Thomson Reuters Investing

Legal Tech Monitor

Previously called Rally Legal, Spellbook offers a generative AI-powered contract tool of the same name. As the company looks to scale, it hinted at a broader partnership with Thomson Reuters in the future.

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Litera appoints new chief technology officer to deliver on product portfolio

Legal IT Insiders

Litera has appointed Greg Ingino as its new chief technology officer to lead the engineering, dev ops, architecture, R&D operations, QA, IT, and security teams across the company and deliver … Litera appoints new chief technology officer to deliver on product portfolio Read More » The post Litera appoints new chief technology officer to deliver on product portfolio appeared first on Legal IT Insider.

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