MyCase

JUNE 5, 2024

The primary aim of artificial intelligence (AI), particularly in the legal industry, is to streamline operations that traditionally require extensive human intervention. This shift is not just about saving time or cutting costs; it’s about enhancing the precision and effectiveness of legal services.

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LawSites

JULY 15, 2021

Subscribers to Cheetah for Corporate Counsel, a legal research platform from Wolters Kluwer Legal & Regulatory U.S. , now have direct access to Lawgood , a practice tool for drafting contracts and clauses using market standards. Use a slider to adjust the favorability of clause language. Click image for animation.)

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MyCase

APRIL 24, 2024

AI tools like ChatGPT are creating a buzz in the legal field. According to the Legal Industry Report 2024 , nearly one-quarter (24%) of law firms have adopted legal-specific generative artificial intelligence (GAI) tools. Still, the efficiency benefits of AI software for lawyers are compelling.

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MyCase

AUGUST 10, 2022

There are even reports that this sentient system may have requested legal representation. . How lawyers can use legal AI . The best legal tools. Natural language processing (NLP) – A computer system with the ability to interpret written and spoken language, can be used to analyze contracts and flag problematic sections.

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Cenza

OCTOBER 27, 2021

Before we understand the role of Artificial Intelligence in the legal space, it is interesting to note how this digital technology is poised to transform the industry. A Deloitte study indicates that 114,000 legal jobs are likely to be automated in the next 20 years. Does this mean lawyers in legal operations are becoming obsolete?

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Cenza

JANUARY 27, 2023

The practice of outsourcing certain aspects of legal work by law firms, in-house counsels, and individual attorneys existed for decades. It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. The growth simply signifies the unassailable role of ALSPs in the legal industry.

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MyCase

MAY 9, 2023

The legal sector is no exception. For lawyers, it’s crucial to understand these technologies, their benefits, applications, and risks when considering whether to use them in your practice. One AI-powered tool that has recently caught the attention of legal professionals is generative AI.

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LawSites

DECEMBER 27, 2023

Look over this list of my blog posts that were most popular this year, and there is no doubt about the topic that most captivated the legal industry. Two popular stories were about GPT taking the bar exam: one in March when GPT passed the bar exam, and the second in November when it passed the legal ethics exam. In First for A U.S.

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Cenza

NOVEMBER 18, 2021

The evolution of legal tech was seeded when LexisNexis introduced the red “UBIQ” terminal in 1976 to help lawyers simplify the task of searching case law. This invention set the stage for a technology revolution in the legal space. Legal AI in the early years.

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LawSites

JUNE 15, 2023

The legal technology company Casetext celebrates its 10th anniversary today. In fact, with its recent launch of CoCounsel , an AI legal assistant developed in partnership with OpenAI and using the latest version of OpenAI’s GPT large language model, it has become the generative AI company to beat in the legal market.

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Cenza

JANUARY 27, 2021

Artificial intelligence (AI) technology is transforming the practice of law and many in the legal profession are leveraging this disruptive tech to reduce time and costs while increasing accuracy. Today, more than 80% of senior lawyers consider AI and machine learning critical to the future success of their firms.

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The Estrin Report

MAY 12, 2023

Don Billings , a long-time colleague, who knows just about anything one needs to know about legal technology and beyond. As those of you who have been in the field for awhile know first-hand, lawyers are always the last to get on the bandwagon with changes, let alone technology changes. 2.    Where are working nowadays?

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MyCase

SEPTEMBER 19, 2022

Lawyers must learn how to write as effectively as they prosecute and defend. While you may have graduated from law school to perform duties in court, day-to-day tasks will also include drafting, reviewing, and editing legal documents. The execution of each of these documents requires legal knowledge as well as writing skills.

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LawSites

APRIL 24, 2023

Last December, LegalOn , one of Japan’s largest providers of AI contract review technology to corporations and law firms, announced its expansion into the U.S. and as it does, it is releasing a new feature, AI Revise, which it says is the “first AI contract editing tool enhanced by expert legal knowledge.”

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LawSites

DECEMBER 1, 2022

In Japan, the legal technology company LegalOn , which has operated there under the name LegalForce, is one of the largest providers of AI contract review technology to corporations and law firms, with more than 3,000 customers, 400 employees and $131 million in fundraising, including $101 million this year. But in the U.S.,

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LawSites

MAY 11, 2023

LexisNexis today announced the preview launch of Lexis Connect, a legal intake and matter management product that works within Microsoft Teams and uses conversational AI assistants to help deliver answers more quickly. LexisNexis is looking for another five or six legal departments to join the commercial preview for free.

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LawSites

MARCH 14, 2023

Remember earlier this year when two legal scholars and scientists had GPT 3.5 Lawyers can use it to search a database, review documents, summarize documents, and review contracts for policy compliance. They can also use it to extract data from contracts, draft a legal research memo, and prepare for a deposition.

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Cenza

NOVEMBER 25, 2020

We’ve compiled a list of some of the best companies in the world that operate in the contracts space and leverage the power of artificial intelligence (AI) and machine learning (ML). AI and ML help increase the speed and accuracy of the various processes within contract management, but at just a fraction of the manual cost.

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Paralegal Bootcamp

DECEMBER 9, 2022

With this being the case, we focus on a variety of paralegal, legal assistant, and administrative assistant legal positions in our home country. Assistant Juridique (Legal Assistant): Legal assistants in France perform similar duties to that of legal assistants in the USA, but they don’t necessarily work for law firms.

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SimplyLawJobs

OCTOBER 26, 2021

In this article, our partners ILSPA (The Institute of Legal Secretaries and PA’s) will consider some of the latest IT innovations affecting the profession. Law firms and government departments have been using new technologies to provide legal services for years. Automated legal research. Providing legal advice.

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LawSites

AUGUST 31, 2022

For all the advances made in the science of legal search, we are – as Pablo Arredondo , cofounder and chief innovation officer of Casetext likes to say – stuck in the keyword prison. Virtually all search tools – whether for legal research, e-discovery review, document review, or anything else – are confined to indexes.

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LawTechnologyToday

JUNE 9, 2021

Artificial intelligence (AI) is changing the way the legal sector operates. While AI adoption in law is still new, lawyers today have a wide variety of intelligent tools at their disposal. billion by 2026 , and it has significant implications for the legal sector. Here’s how lawyers are using natural language processing today.

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LawSites

FEBRUARY 17, 2023

Yesterday, Allen & Overy , one of the world’s largest law firms, announced that it had integrated the legal artificial intelligence product Harvey into its global practice, where it will by used by more than 3,500 lawyers across 43 offices operating in multiple languages.

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LawSites

JANUARY 25, 2023

to serve as a lawyer’s virtual legal assistant, able to help with researching legal issues, drafting emails and letters, summarizing documents, brainstorming blog ideas, and even just conversational chatting. Currently, it is able to perform eight types of functions: Research a legal issue.

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MyCase

SEPTEMBER 21, 2022

New technologies continue to evolve the legal landscape. As lawyers adapt to recent industry-wide changes prompted by the COVID-19 pandemic, many wonder: What’s next? In this guide, we’re breaking down what attorneys need to know about legal technology, including: . A brief overview of legal technology . Legal research

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Attorney at Work

SEPTEMBER 23, 2021

By embracing legal tech, firms are stepping into the future and preserving the integrity and success of their practices. forcing at-home work to extend even further, the legal industry continues to feel the disruption. The good news is that legal tech programs can prove valuable in helping you manage and protect your law practice.

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Fordham Law News

MARCH 25, 2023

INTERVIEW: ME: I’m going to interview you for a blog post about you and the future of the legal profession. In the case of corporate law, this could involve training on legal texts, case law, and other relevant documents specific to corporate law. … ME: How do you think this will have a future impact on corporate lawyers?

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LawSites

OCTOBER 27, 2021

Lawyers for TR have not replied to my emails asking about the subpoenas. It suggests that LegalEase and Morae had entered into contracts related to ROSS, and asks Morae to produce documents concerning “the reason LegalEase entered into one or more contracts with you concerning ROSS.”

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Cenza

AUGUST 25, 2021

The legal industry, as with any other industry, faces tough competition. Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology. Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology.

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Paralegal Bootcamp

AUGUST 11, 2022

I made the mistake of going into a deep dive on legal AI the other day and googling “will paralegals be replaced by robots?” In it, they announced the launch of Robo Review, a software that incorporates legal AI to help lawyers research patent applications before filing. Legal Automation. Kind of ironic, I know.

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LawTechnologyToday

AUGUST 1, 2023

In an evolving legal environment with market competition at an all-time high, the technical competence of law firms and legal departments of large organizations have to be top notch. For legal practitioners, there are a number of metrices that are indicative of the firm’s or the department’s performance.

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LawSites

MAY 23, 2023

As other legal technology companies have rushed to release products using generative AI, one of the largest, Thomson Reuters, has been unusually silent. TR and Microsoft have collaborated to develop a contract drafting solution that will combine TR’s software and content with Copilot for Word.

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LawSites

JUNE 2, 2023

Thanks to his reliance on ChatGPT for legal research and his filing “bogus judicial decisions” in federal court, lawyer Steven A. ET for our weekly Legaltech Week roundtable on the week’s legal tech news, you can be sure poor Schwartz will be on the agenda. The rise of GPT tools in contract analysis.

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Cenza

MARCH 30, 2022

During the COVID-19 pandemic, corporate legal departments and law firms around the world struggled to meet the new normal’s demands. Organizational restructuring and changing legislation have resulted in increased legal spending. What is Legal Process Outsourcing? Why Does LPO Matter? The market size says it all.

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LawSites

JULY 13, 2021

LexFusion , the company that launched last October as a go-to-market collective of legal technology companies, has added legal research company Casetext to the roster of companies it represents. It was founded by legal industry veterans Joe Borstein and Paul Stroka , and recently added as a third cofounder D.

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LawSites

JUNE 27, 2023

When LexisNexis launched its Lexis+ premium legal research service in 2020, the service included Brief Analysis, its answer to a line of products pioneered by legal research company Casetext with its CARA brief analysis tool and followed by companies such as Thomson Reuters and Bloomberg Law.

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Attorney at Work

JANUARY 13, 2022

Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. Despite their benefits, many legal organizations have been hesitant to implement AI tools. In the process, lawyers receive a better foundation for making the critical judgment calls that only humans can make. AI Hesitation.

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