Above The Law

MAY 15, 2023

LawVu, the category-defining legal workspace for in-house legal teams, today announced the addition of several new AI enhancements to their legal workspace. The post LawVu Enhances Contract & Matter Functionality With AI appeared first on Above the Law.

Contract 104

Contract Legal Legal Laws 104

LawSites

MARCH 20, 2024

Fast Company is out with its annual ranking of the world’s most innovative companies , and of the 606 companies that made the list, just four are from legal tech. ” Here are the four legal tech companies that made the list, based on my review. “They lead their fields and are transforming the world.”

Divorce 109

Divorce Legal Legal Contract 109

Above The Law

MAY 15, 2023

As a general counsel or in-house lawyer, you play a vital role in educating, guiding, and supporting your product development team. The post Balance Innovation And Legal Risk In AI Product Development appeared first on Above the Law.

Legal 126

Legal Legal Education Lawyer 126

InHouseBlog

APRIL 1, 2024

Or should we embrace AI tools that help boost productivity and give opportunities for better work-life balance? In-House Counsel Outworking Law Firm Lawyers Are long hours the norm that should be celebrated? ’…he’s never worked fewer hours in his life. ’…he’s never worked fewer hours in his life.

Law Firm 107

Law Firm Law Firms Lawyer Lawyers 107

LawVu

APRIL 30, 2024

Legal teams implement spend management and e-billing solutions to centralize their invoices and legal spend data in one place. Ultimately this speeds up workflows and creates critical visibility over spend data, helping teams report on and control costs for the work they do with outside counsel/legal service providers (LSPs).

Legal 52

Legal Legal Legal Services 52

LawVu

APRIL 30, 2024

Legal teams implement spend management and e-billing solutions to centralize their invoices and legal spend data in one place. Ultimately this speeds up workflows and creates critical visibility over spend data, helping teams report on and control costs for the work they do with outside counsel/legal service providers (LSPs).

Legal 52

Legal Legal Legal Services 52

The Relativity Blog

MAY 3, 2023

The bright future of AI is just beginning, according to Honeywell Global eDiscovery Program Manager Sarah Sawvell.

eDiscovery 52

eDiscovery Legal Legal 52

LawVu

APRIL 30, 2024

BlackBoiler now integrates with LawVu, so you can redline NDAs and contracts in minutes, without leaving your legal workspace. With so much back and forth, repetition and volume, it’s no wonder legal seek ways to scale their effort and automate their contract review processes.

Contract 59

Contract Legal Legal Legal Services 59

InHouseBlog

JANUARY 15, 2024

As an in-house counsel, 2024 will bring many things to keep your mind occupied. In fact, if you are to survive 2024 you may be best guided by focusing on the legal issues you will face this year and watching our recommended shows in your downtime. Just heard about this thing called AI and want to know more?

Litigation 86

Litigation Litigating Lawyer Lawyers 86

LawVu

APRIL 30, 2024

BlackBoiler now integrates with LawVu, so you can redline NDAs and contracts in minutes, without leaving your legal workspace. With so much back and forth, repetition and volume, it’s no wonder legal seek ways to scale their effort and automate their contract review processes.

Contract 52

Contract Legal Legal Legal Services 52

The Estrin Report

JUNE 26, 2023

Here are the top 9 concerns, questions, and hottest topics for today’s job market The Goldman Sachs white paper states that 44% of all legal jobs will be replaced by AI and that it will virtually wipe out the paralegal role. AI can prepare pleadings, summaries, and more. Right now, AI isn’t exactly the best thing going.

Paralegal Jobs 245

Paralegal Jobs Paralegal Paralegals Law Firm 245

InHouseBlog

OCTOBER 22, 2023

It’s that time of year again when recruiters, think tanks and other organizations start releasing in-house counsel salary data for the following year. This first release is from LHH, which has also done some analysis of the legal market to anticipate trends in the industry generally. Read: In-House Counsel Salary Data at LHH

Legal Services 81

Legal Services Technology Legal Legal 81

LegalSifter

OCTOBER 30, 2023

The legal industry is undergoing a transformation, with technology playing an increasingly crucial role in reshaping how legal teams manage and leverage contracts. Unleashing the Power of AI for In-House Counsel

Technology 52

Technology Contract Legal Legal 52

LawSites

MARCH 21, 2023

Few legal professionals are using or planning to use generative AI tools in their legal work, according to a survey conducted March 15-16 and published this week by LexisNexis Legal & Professional. The survey finds that legal professionals — the survey polled 1,176 U.S. Understanding new legal concepts, 31%.

Legal 101

Legal Legal Lawyer Lawyers 101

LawSites

JANUARY 29, 2024

While on the court, McCormack was a leading voice for innovating the justice system to expand access to justice, and since joining the AAA, she is credited with having “supercharged” its innovation efforts – particularly with regard to its adoption of generative AI. We appreciate their support and hope you will check them out.

Education 66

Education Law Firm Law Firms Legal 66

Above The Law

OCTOBER 20, 2023

Roll on Friday ] * Former FTX GC testifies that Sam Bankman-Fried asked him to conjure up possible legal justifications for a bunch of transactions. Normally in-house counsel aren't asked to play Mad Libs with finances, but welcome to the world of crypto! by suing NYU Law Review for discriminating against white men.

Finance 119

Finance Drafting Lawyer Lawyers 119

CARET Legal

FEBRUARY 23, 2024

AI is expected to automate nearly half of legal tasks in the US and Europe. Several legal technology trends are set to reshape how law firms operate. According to a Goldman Sachs report , AI is expected to automate nearly half of legal tasks in the US and Europe.

Law Firm 53

Law Firm Law Firms Technology Legal Technology Solution 53

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. What is ChatGPT?

Legal 52

Legal Legal Drafting Legal Research 52

LawTechnologyToday

SEPTEMBER 12, 2023

Enter generative AI, a revolutionary technology that has taken the world by storm. By harnessing machine learning models, generative AI can generate quick content in response to users’ prompts – whether it be text, images or code (and other examples are sure to follow). What makes generative AI valuable to the legal sector?

Legal 75

Legal Legal Technology Diligence 75

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. Early-aughts witnessed a new era in legal technology when pioneering solutions emerged in the market.

Legal Technology Solution 98

Legal Technology Solution Technology Document Review Legal 98

JURIST

MARCH 31, 2023

Italy’s Data Protection Authority (DPA) Friday issued a statement banning further use of ChatGPT, an artificial intelligence (AI) chat platform, within the country. The DPA found that there is “no legal basis underpinning the massive collection and processing of personal data in order to ‘train’ the algorithms on which the platform relies.”

Legal 212

Legal Legal 212

LawTechnologyToday

JULY 25, 2023

While the public is getting acclimated to flashy advancements in artificial intelligence (AI) and machine learning (ML), these technologies are nothing new to the legal industry. Divisions that stand to benefit from AI’s facilitated tools include procurement, contract management and sales-focused divisions.

Contract 66

Contract Technology Legal Legal 66

LawVu

DECEMBER 11, 2023

From the widespread influence of AI to the global financial crisis, everyone is trying to do more with less. And legal teams have felt this pressure more than ever! Amidst the challenges, we delivered products and professional experiences that gave legal teams and lawyers the tools to thrive and be more successful.

Contract 52

Contract Legal Legal Legal Services 52

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?

Legal Technology Solution 60

Legal Technology Solution Legal Legal Technology 60

Law 360

JANUARY 19, 2024

The question has arisen about whether AI companies can shield themselves from copyright liability, and a law firm's study showed issues over patent inventorship and copyright ownership are among the biggest intellectural property worries for in-house lawyers.

Law Firm 40

Law Firm Law Firms Lawyer Lawyers 40

LawVu

NOVEMBER 16, 2023

According to Gartner , 90 percent of legal teams are concerned that their operations slow down the functioning of their wider organizations. With legal departments under growing pressure to do more with limited resources, improving efficiency is essential to maintain pace.

Contract 52

Contract Legal Legal 52

LawSites

SEPTEMBER 14, 2021

Onit today announced the general availability of InvoiceAI, an artificial intelligence product for first-pass invoice review, and along with it comes a clever promotional video that plays on the threat of AI world domination and legal professionals’ ambivalence around AI. Elfman , CEO and cofounder of Onit.

Contract 82

Contract Legal Legal Laws 82

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.

Document Review 77

Document Review Legal Services Legal Legal 77

LawSites

DECEMBER 7, 2023

Justice tech entered mainstream industry consciousness in 2022 as the social impact side of legal tech, and also of adjacent and interconnected verticals like fintech, govtech, and edtech, which are all creating innovative solutions to the access to justice crisis. descrybe.ai , a free generative-AI legal search engine, has summarized 1.8

Legal Technology Solution 89

Legal Technology Solution Divorce Technology Legal 89

Cenza

DECEMBER 1, 2021

AI-powered contract review tools can enhance a lawyer’s efficiency by 34% and productivity by 51.5% – according to a study by Onit. This is clear evidence of how AI application in legal operations can benefit a legal team and the organization. Investing in legal technology is on a steady rise.

Legal 95

Legal Legal Legal Technology Solution Contract 95

Patently O

SEPTEMBER 1, 2023

On the heels of a recent court decision denying registrability of AI created work, the U.S. Copyright Office recently issued a formal notice of inquiry seeking public comments to help analyze AI’s copyright implications and form policy recommendations for both the Office and for Congress.

Court Decisions 120

Court Decisions Laws Lawyer Lawyers 120

InHouseBlog

JANUARY 8, 2023

Legal spending continues to grow at ludicrous speed , and the pressure to rein it in is increasing especially as economic conditions continue to cool. Legal was leading the charge in AI way before ChatGPT hit the scene with technology to mine more minutes to bill from emails amongst other dastardly inventions.

Legal 62

Legal Legal Law Firm Law Firms 62

Cenza

AUGUST 18, 2021

AI-powered tools have been making an impact in every sphere of Contract Lifecycle Management (CLM), including redlining, remarkable support for legal professionals in seamlessly navigating through various phases of a contract, and ensuring adherence to defined terms and clauses. AI tools are not born ready.

Contract 93

Contract Lawyer Lawyers Legal 93

InHouseBlog

JANUARY 23, 2023

The advent of AI for the masses has led to wild speculation about the future of work and life in all sectors and areas. But should we be afraid of AI or welcome it? The broader question is not specific to one AI implementation, but where AI is going in the future. at Legal Rebels To be fair, Perlman had some help.

Lawyer 57

Lawyer Lawyers Technology Diligence 57

Broadcast Law Blog

MARCH 29, 2023

Since the public release of ChatGPT, seemingly every tech company has either announced a new AI program or some use for AI that will compete with activities currently performed by real people. They range from AI creating music, writing scripts, reporting the news, and even playing DJ on Spotify channels.

Technology 87

Technology Education Legal Legal 87

LawSites

MAY 10, 2023

Two months after raising $26 million in Series A funding, SpotDraft , a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.

Drafting 98

Drafting Contract Legal Documents Legal 98

Cenza

OCTOBER 20, 2021

Artificial Intelligence (AI) has emerged as an indisputable force in every industrial sector that strives to stay aligned with ever-changing business dynamics. The market size of AI in 2020 was $62.35 It is not surprising that AI has found its application in various streams of the legal industry, which is quite conventional.

Technology 94

Technology Legal Services Legal Legal 94