Legal Technology: Page 3
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Lawyers should disclose AI use: NY bar
They’re also told to get familiar with AI. If it can help them work better, they should consider using it to ensure their work is as competent as possible.
By Robert Freedman • April 8, 2024 -
Azure OpenAI Service has confidentiality loophole, Legaltech News reports
A contract provision gives Microsoft the right to retain and have its employees review certain prompts, creating a problem for law firms and companies trying to protect sensitive information.
By Robert Freedman • March 21, 2024 -
16 states have AI laws, most of them to curb profiling
Half of all states have AI laws under consideration, with profiling the biggest concern, a compilation shows.
By Robert Freedman • March 20, 2024 -
Opinion
When you choose a language model, remember that size isn’t everything
While expensive models have their merits, success with LLMs in the business environment hinges much more on matching a model's capabilities with the specific requirements of the task.
By Dawid Robert Kotur and Nick Long • March 14, 2024 -
Legal teams can expect 15% ROI from e-billing tool
The savings come from law firms having to meet billing guidelines to get their invoices through the automated system and better use of in-house staff time, Thomson Reuters reps say.
By Robert Freedman • March 14, 2024 -
Alternative legal services provider Proxiio launches US operations
The company headquartered in India specializes in managed review, litigation and investigation services, including e-discovery and compliance management.
By Lyle Moran • March 13, 2024 -
Legal professionals desire more expertise about GenAI, survey finds
A majority of surveyed in-house and law firm professionals also expressed interest in using generative AI to gain better insights from data, Consilio reported.
By Lyle Moran • March 12, 2024 -
Wolters Kluwer releases AI-powered contract querying tool
The company said its AI upgrades in Legisway will also integrate into the recently launched legal services portal.
By Lyle Moran • March 11, 2024 -
Opinion
Maintaining HIPAA compliance when using protected information in litigation
A data governance and discovery plan can thread the needle between required legal discovery and HIPAA compliance.
By Shannon Smith • March 6, 2024 -
LegalOn Technologies releases contract editing tool featuring GPT
The software will assist in-house legal professionals with quickly reviewing various types of contracts and will enable them to collaborate with colleagues, the company said.
By Lyle Moran • March 1, 2024 -
‘Maverick’ SaaS spending by workers can waste millions: Vertice
A company with more than 2,000 employees wasted, on average, as much as $4.3 million on underutilized SaaS licenses in 2023.
By Alexei Alexis • Feb. 22, 2024 -
Legal teams advised to deploy GenAI in ways that benefit the business
Regulatory compliance and contracting are two areas where legal’s use of generative AI could improve collaboration with other functions, an EY legal tech leader said.
By Lyle Moran • Feb. 21, 2024 -
How generative AI could alter the staffing mix in legal departments
The emerging tech will result in more data-focused hires and lawyers becoming a minority on in-house legal teams, a KPMG global leader predicts.
By Lyle Moran • Feb. 20, 2024 -
DOJ plans to up penalties for misconduct involving AI
The agency has launched a six-month initiative to assess how the technology impacts its work, but in the meantime it’s treating it like a stepped-up threat.
By Robert Freedman • Feb. 16, 2024 -
Leading general counsel team up to support generative AI adoption
A collaboration spearheaded by Factor includes participation from executives at companies such as Microsoft, Intel, Adobe and Ford.
By Lyle Moran • Feb. 16, 2024 -
Sponsored by Relativity
The forward-thinking GC: Growing an in-house career with AI know-how
If artificial intelligence can detect red flags for cancer on brain scans and manage air traffic, can it help in-house legal teams manage contract reviews and redact privileged information from a data set?
Feb. 12, 2024 -
Opinion
Using design thinking to improve legal operations processes
In design thinking, organizations put themselves in their users’ minds to create innovative solutions that meet their customers’ needs and expectations.
By Jared Hostmeyer • Feb. 9, 2024 -
Nearly 70% of law firm professionals use legal analytics
An expectation from clients that law firms use analytics tools is helping drive adoption, a LexisNexis and Lex Machina report found.
By Lyle Moran • Feb. 7, 2024 -
CLM as the next Salesforce or NetSuite not far off, CEO says
The legal ops team, key to integrating tech with the broader organization, still faces growing pains from the cultural legacy lawyers bring to their in-house role.
By Robert Freedman • Feb. 7, 2024 -
ESI protocols are key to discovery – even if they’re informal
Handling of electronically stored information has factored into a number of recent cases, with big lessons for in-house legal operations.
By Robert Freedman • Feb. 1, 2024 -
Tech roundup: Companies announce new legal tools early in 2024
Amid a push for greater legal department efficiency, many technology companies are offering new AI-powered solutions.
By Lyle Moran • Feb. 1, 2024 -
75% of legal chiefs plan to implement generative AI tools, survey finds
Roughly two-thirds of GCs said they were comfortable with the use of AI for compliance monitoring, including 52% who said they were “very” or “extremely” comfortable.
By Lyle Moran • Jan. 31, 2024 -
42% of legal teams face cost-cutting mandates, ACC survey finds
One way many legal departments are aiming to reduce spending is by improving the efficiency of their operations.
By Lyle Moran • Jan. 30, 2024 -
2024 in-house legal outlook series: GCs, CLOs ready for hard decisions
Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.
By Lyle Moran and Robert Freedman • Jan. 29, 2024 -
Opinion
5 focus areas to improve contracting
Whether you implement contract lifecycle management software or take your existing process to the next level, the rigor of your legwork will impact the ROI you extract from your contracts.
By Sailaja Meesaraganda • Jan. 25, 2024