LawSites

JUNE 6, 2023

In what appears to be the first use of generative AI directly within a legal CRM product, the cloud-based CRM platform Lawmatics is today launching a feature that allows lawyers to use AI to create and edit client emails and email marketing campaigns. LM[AI] is available to all Lawmatics subscribers at the Pro tier and above.

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iHire

OCTOBER 11, 2023

Give your enrollment marketing strategy a boost: Easily create student personas for your target audiences with our worksheet and example AI prompts.

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LawSites

NOVEMBER 15, 2023

Thomson Reuters today delivered on its promise to integrate generative AI within its flagship legal research platform, introducing AI Assisted Research in Westlaw Precision, available immediately to all U.S. Starting in 2024, TR will begin adding AI-assisted research to Westlaw in markets outside the U.S.,

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MyCase

APRIL 29, 2024

However, with the rise of artificial intelligence (AI), a question looms: Will AI replace lawyers? The short answer is no, but writing off AI altogether would be a disservice to your firm and clients. AI is changing how legal professionals operate, and there’s good reason to leverage its potential.

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LawSites

OCTOBER 17, 2023

When the legal research companies vLex and Fastcase announced their merger in April , they promised the deal would fuel new opportunities for the development of generative AI for legal research. “The combined library is the crown jewel of LLMs and the ultimate training data set for legal AI.” Compare Jurisdictions.

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LawSites

AUGUST 2, 2023

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. “But it does not yet currently have generative AI drafting capabilities in the solution.

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LawTechnologyToday

MARCH 22, 2023

AI continues to capture the imagination of the legal industry – as well it should. Leveraging AI-enabled technology solutions can help corporate legal teams and their organizations generate boundless efficiencies and new insights into their existing business practices. Is There a Legal Professional in the House?

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The IP Law Blog

MARCH 2, 2023

Getty Images, a global visual content creator and leading source for visual content, has filed a lawsuit against startup technology company Stability AI for allegedly scraping more than 12 million photographs from Getty Images’ portfolio without consent or compensation. According to Getty, this is clear copyright infringement.

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MyCase

APRIL 24, 2024

AI tools like ChatGPT are creating a buzz in the legal field. Survey respondents confirmed they use GAI to streamline firm processes, from drafting marketing content to finding specific statutes. Survey respondents confirmed they use GAI to streamline firm processes, from drafting marketing content to finding specific statutes.

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FDA Law Blog

NOVEMBER 29, 2023

Additionally, when models are periodically or continually trained after deployment, there are appropriate controls in place to manage risks of overfitting, unintended bias, or degradation of the model (for example, dataset drift) that may impact the safety and performance of the model as it is used by the Human-AI team.

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The Process Street

JANUARY 12, 2022

If the pandemic has shown the world anything, it’s that business professionals and, specifically, marketers can still meaningfully engage customers in an increasingly digital world. AI & data analytics: The trend that keeps growing. Automation increases time for customer interaction. Let’s jump in!

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LawSites

APRIL 10, 2024

“If a client is looking for experience in a particular type of transaction with a particular type of asset in a particular type of jurisdiction, you’re able to use this platform to go and find that information and more effectively market your services,” he said. The AI then goes through and extracts the key deal points.

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LawTechnologyToday

MAY 23, 2023

In fact, recent research shows that AI legal tools will become mainstream in the industry in the next five years. AI and automation tools can provide great value to law firms’ operations. Leveraging AI to Streamline Operations According to new research, law firms are experiencing a 10% year-over-year increase in direct expenses.

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ALPS

JUNE 8, 2023

-The Terminator (1984) Ok, so maybe we’re not at the point where we have to rely on a waitress at a short-order diner to save humanity from the clutches of a technology bent on human destruction, but advances in artificial intelligence (“AI”) are moving quickly enough to give even the bravest among us some cause for concern.

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The Process Street

NOVEMBER 1, 2023

“ Instead of using labels to teach an AI what each object it’s looking at is, this DeepMind project teaches itself because it learns to recognise images and sounds by matching them up with what it can see and hear. But what exactly is machine learning, and how do you go from knowing that to actually using it? What is machine learning?

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LawSites

SEPTEMBER 21, 2023

LegalOn , a company that was already one of Japan’s largest providers of AI contract review technology when it launched into the U.S. At that point, it also introduced a new feature , AI Revise, which it said was the “first AI contract editing tool enhanced by expert legal knowledge.”

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LawTechnologyToday

MARCH 3, 2023

AJ: (ChatGPT) As an AI language model, I am ChatGPT, so I don’t have personal experience using myself. Also, it still makes errors, although the developers seem to be updating the AI. AJ: (Chat GPT) As an AI language model, I am ChatGPT, so I don’t have a personal experience of trying myself. Why or why not?

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LawSites

JUNE 28, 2023

For example, using Practical Law’s content to make drafting automation tools – tools that are already there in the pipeline for us – just dramatically better. And what’s even more exciting to me is it’s clear that TR is going to invest very substantially in this type of AI. Does that make the market less competitive?

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Rocket Matter

JULY 24, 2023

ChatGPT is the new kid on the block—and unless you’ve been living under a rock with no WiFi, you’ve heard about it. ChatGPT and other AI technologies have the potential to revolutionize the way we work, but many law firms are understandably cautious. This type of AI can produce art, text, video, and even audio content.

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FDA Law Blog

MAY 8, 2023

Javitt — FDA recently published a long-awaited draft guidance aimed at reducing the need for prior FDA authorization of modifications to artificial intelligence/machine learning (AI/ML)-enabled device software functions (ML-DSFs). See 21 CFR 807.81(a)(3) a)(3) and 21 CFR 814.39(a) a) , and related guidance documents (e.g.,

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LawTechnologyToday

DECEMBER 6, 2022

Into this mix comes Artificial Intelligence (AI). You see, modern-day companies are increasingly adopting AI-based apps that entail all manner of employee-related facets. For example, there are AI applications for interviewing that materially take on the role of screening job candidates.

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MyCase

MAY 9, 2023

In today’s rapidly evolving technological landscape, artificial intelligence (AI) and generative AI tools like ChatGPT, Google Bard, and Bing Chat are transforming the way professionals across industries work. One AI-powered tool that has recently caught the attention of legal professionals is generative AI.

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Paralegal Bootcamp

MARCH 4, 2024

She and I dive into my career path from student to business owner, finding balance, alternative career options for paralegals, and AI tools. For example, I did antitrust litigation and then I pivoted and learned all about construction litigation. I don’t agree that paralegal jobs are going to be taken by AI. Dive in below!

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LawSites

MAY 10, 2022

SirionLabs , a global provider of AI-powered contract lifecycle management (CLM) software for large enterprises, has raised $85 million in Series D funding, bringing its total raise since its founding in 2012 to $157 million. Read more about SirionOne on LawNext Legal Tech Directory.]. Cofounder and CEO Ajay Agrawal.

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InHouseOps

MAY 16, 2022

Matt DenOuden, Vice President of Global Sales at Onit, explains why Artificial Intelligence (AI) is becoming so interesting for lawyers and legal operations, as well as how AI allows attorneys to focus on higher-value work and better serve their businesses. Can you tell us what AI is? It has a tangible effect.

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Cenza

SEPTEMBER 1, 2020

But with the advent of legal software and tools powered by artificial intelligence (AI), the task of dealing with contracts has becoming significantly easier. AI, in particular, is helping to automate certain functions and increase speed and accuracy at just a fraction of the manual cost. The global legaltech AI market was worth US$3.2

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Cenza

JUNE 15, 2020

Nonetheless, as AI/ML technologies are beginning to play a significant role in the legal market, it’s important for legal professionals to have a basic grasp on what these technologies are capable of doing and how they are likely to transform legal practice. Better Management of Voluminous Data. Leveraging Human Expertise.

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LawSites

NOVEMBER 3, 2021

Last year, I wrote here about Lexion , an AI-powered contract management system for mid-market corporations that emerged out of the Allen Institute for AI , the AI research institute created by Microsoft cofounder Paul Allen. Targeting Mid-Market. When combined with its seed round of $4.2

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LawSites

DECEMBER 20, 2023

based firms — if not the first — to develop and launch a “homegrown” internal generative AI tool, which it calls ChatGD. It has also had a chance to track adoption of the technology among the firm’s professionals, see how they use it, and measure the cost to the firm of providing this proprietary AI.

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LawSites

NOVEMBER 3, 2021

Last year, I wrote here about Lexion , an AI-powered contract management system for mid-market corporations that emerged out of the Allen Institute for AI , the AI research institute created by Microsoft cofounder Paul Allen. Targeting Mid-Market. When combined with its seed round of $4.2

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FDA Law Blog

JULY 10, 2023

According to the 2 nd Quarter FY2023 MDUFA V Performance Report , FDA issued a request for additional information (AI request) on the first FDA review cycle for 63% to 68% of 510(k)s submitted in FY2018 to FY2022. We will then present an effective strategy to address FDA’s AI request in a timely manner.

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The Cloud Court Blog

MARCH 14, 2023

Of the 12 topics presented by law firms (often with their vendors), seven focused on data, analytics, or AI. For example, calling a presentation a “workshop” instead of a “CLE” gets more people actively involved, instead of just passively listening. That's nearly 2/3 of them! Naming matters.

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LawSites

FEBRUARY 17, 2023

I wrote about Harvey in November , when the previously stealth startup emerged with news that it had raised $5 million in funding led by the startup fund of OpenAI, the company that is the developer of the GPT AI technology. “It is a game-changer that can unleash the power of generative AI to transform the legal industry.

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LawSites

DECEMBER 11, 2023

Raymond Blyd , the Amsterdam-based cofounder of Legalpioneer , a site that lists law-related companies, and CEO of Legalcomplex , a company that tracks investments and market data, has uncovered nearly 600 law-related GPTs and made them searchable on a new resource he calls Legalpioneer Copilot.

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Fordham Law News

MARCH 25, 2023

3] One issue with Chat, as its creators point, out is that it “sometimes writes plausible-sounding but incorrect or nonsensical answers,” [4] referred to as AI hallucinations. [5] As an AI language model, I have been trained on a vast amount of data and information to provide accurate and relevant responses to a wide variety of questions.

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LawSites

DECEMBER 12, 2022

In fact, noticeably absent were any sales or marketing people. Rather than to sell or be sold to, attendees were there – as the TLTF Summit had pitched itself in its advance marketing – to connect, to accelerate, and to learn. Venture capitalists could speak frankly about their views of the industry.

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The Cloud Court Blog

JUNE 28, 2022

On the other side of the conference table, Team Court Reporter argues that automation, even AI court reporting tools, cannot replace the judgment and rapid adaptability of a human court reporter. Examples abound: A sensitive case has a young child for a witness whose voice is too soft to pick up. The evolution has commenced.

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