Legal Technology: Page 5
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Most M&A dealmakers expect to acquire companies with AI capabilities
Dealmakers also anticipate that emerging AI will impact several mergers and acquisitions processes in 2024, according to a Dykema survey.
By Lyle Moran • Nov. 14, 2023 -
At Wayfair, legal tech said to enhance shopper experience
Among the goals of the company’s legal tech chief is ensuring data flowing into the general counsel is useful to the broader business.
By Robert Freedman • Nov. 14, 2023 -
Demo shows AI negotiating NDA without lawyers
A software company tries to make a splash by having two laptops conduct four rounds of back-and-forth in minutes to settle on contract terms acceptable to both sides.
By Robert Freedman • Nov. 7, 2023 -
Opinion
AI: Promise and precautions on the legal tech frontier
In-house legal teams that want to realize the promise of AI must prepare for it in a pragmatic way.
By Colin S. Levy • Nov. 2, 2023 -
Opinion
Out of the shadows: Shining a light on AI use within your organization
If your policies don’t cover AI use by employees who aren’t aware they’re using it, or are using it outside official channels, it’s a good idea to create a policy to cover this growing shadow AI use.
By Myriah Jaworski, Melissa Ventrone and Eric Rouseau • Oct. 20, 2023 -
Opinion
3 ways to test your AI’s effectiveness
Turning adoption into a game, running AI behind the scenes and using process mining will help you get enough people to use AI tools that you can learn whether they’re helping your operations in the way you want them to.
By Jitendra Gupta • Oct. 16, 2023 -
Opinion
Come together: Four ways Legal can help demolish data silos
Interdepartmental collaboration on data these days isn’t a luxury. It’s a necessity.
By Daniel Bonner • Oct. 10, 2023 -
Balancing privacy concerns with internal investigations
It’s possible to respect employees’ desire to wall off personal data from collection while ensuring the company can check every place relevant information might be.
By Robert Freedman • Oct. 9, 2023 -
How National Life Group’s IT reliance helped make CLM a success
The legal team tapped the tech division’s expertise — and budget — to get implementation done right, the company’s legal operations chief says.
By Robert Freedman • Oct. 6, 2023 -
Opinion
Are fragmented legal tech stacks a recipe for failure?
Prioritizing solutions that have interoperability with the broader organization’s technology portfolio is smoother integrations and streamlined workflows.
By Troels (Troy) Nørgaard • Oct. 5, 2023 -
Opinion
What GCs need to know about algorithmic bias
General counsel should collaborate with data scientists to ensure that the algorithms their organizations employ are compliant with anti-discrimination laws.
By Bradley Merrill Thompson and Michael Shumpert • Oct. 4, 2023 -
Legal depts aren’t using genAI much yet, survey shows
To the extent counsel are seeing teams in the broader organization use the tools, it’s mainly in marketing, research and IT.
By Robert Freedman • Sept. 29, 2023 -
Opinion
Using due diligence teams and eDiscovery solutions to reduce M&A data risk
Litigation, fines and other risks can leave the acquirer blindsided if due diligence on data privacy compliance and cybersecurity is rushed during the merger.
By Amit Dungarani • Sept. 28, 2023 -
Most workers use AI, usually without company safeguards
Workers are quickly adopting generative AI, and most of them believe the powerful tools do not threaten their jobs, a Conference Board survey found.
By Jim Tyson • Sept. 21, 2023 -
Cyber, general liability insurance might cover GenAI risk
Use of protected data by generative AI could be covered by your cyber policy and IP claims like copyright infringement are typically covered by general liability insurance.
By Robert Freedman • Sept. 19, 2023 -
Generative AI provides significant boost to knowledge workers, study finds
Access to emerging AI resulted in higher-quality work and was particularly helpful for workers categorized as bottom-half-skill performers, a Harvard Business School study found.
By Lyle Moran • Sept. 18, 2023 -
Generative AI presents GCs with ‘generational leadership opportunity’
The emerging AI’s language-centric capabilities are much better suited to legal work than previous waves of technology, which should benefit legal departments.
By Lyle Moran • Sept. 15, 2023 -
Drafting contracts, flagging risk called top legal GenAI uses
Although the tools can introduce risk if they’re not set up and maintained with discipline, there’s risk to not deploying the tools if team members use them on the side, tech specialists say.
By Robert Freedman • Sept. 14, 2023 -
Don’t rush ethics in generative AI adoption plans
Even when leaders feel the pressure to adopt generative AI quickly, ethical frameworks and use case policies should guide their plans.
By Lindsey Wilkinson • Sept. 12, 2023 -
Microsoft seeks to reassure Copilot users with genAI copyright legal defense
Users won’t be protected if they don’t use the content filters and guardrails Microsoft has built into its AI-assisted tools, the company says.
By Robert Freedman • Sept. 8, 2023 -
AI policies should start with the basics, legal chiefs say
In-house legal departments are also advised to collaborate with other business units when drafting AI acceptable use policies.
By Lyle Moran • Sept. 5, 2023 -
Opinion
Implementing AI: 5 tips for better change management
When legal department employees see firsthand that AI offers better results in a more efficient way, they’re more likely to get on board.
By Jeffrey Solomon • Sept. 1, 2023 -
The American Bar Association launches AI-focused task force
The panel, which features some well-known special advisors, is charged with developing AI best practices for the legal profession.
By Lyle Moran • Aug. 30, 2023 -
Reveal widens ediscovery reach with Logikcull, IPRO acquisitions
Each company brings its own focus to the mix. Reveal has a base of customers with large, complex data sets, while Logikcull specializes in smaller clients and IPRO is an on-premises provider.
By Robert Freedman • Aug. 30, 2023 -
60% of in-house counsel expect law firms to use generative AI
Most corporate lawyers want to know if their outside firms are using tools such as ChatGPT and they want some say in the matter, according to a LexisNexis survey.
By Lyle Moran • Aug. 25, 2023