Legal Technology: Page 7
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Opinion
How lawyers can embrace the challenge to supervise AI
In-house lawyers must conduct due diligence as they help select AI vendors, negotiate contracts and monitor compliance with legal and ethical requirements.
By Olga Mack • July 12, 2023 -
How product counsel can support business growth
In-house lawyers focused on product should promote risk mitigation rather than risk avoidance and also use soft skills to get colleagues on the same page.
By Lyle Moran • July 10, 2023 -
AI could play role in M&A disputes
The rapidly evolving regulatory landscape amid generative AI’s proliferation could make due diligence more challenging.
By Lyle Moran • July 7, 2023 -
54% of in-house legal professionals support generative AI usage
However, adoption rates remain low as legal teams continue to learn more about the emerging technology and assess risks, a report found.
By Lyle Moran • June 30, 2023 -
Thomson Reuters doubles down on AI with Casetext acquisition
The $650 million purchase comes shortly after the legal technology giant announced plans to enhance its signature offerings such as Westlaw with generative AI.
By Lyle Moran • June 29, 2023 -
Opinion
Is AI a friend or foe for legal teams?
Corporate legal departments and law firms can adopt best practices to manage the inherent risk of AI in legal work and get the most benefit from this incendiary technology.
By Shana Simmons • June 28, 2023 -
Judge in ChatGPT case most troubled by attorneys’ lack of candor
The lawyers might have been able to avoid Rule 11 sanctions if they had quickly admitted to a federal judge that one of them used the OpenAI chatbot for legal research.
By Lyle Moran • June 26, 2023 -
Thomson Reuters partners with Microsoft to support contract drafting
Users of the generative AI-powered Microsoft 365 Copilot will be able to access information from familiar legal tech tools such as Westlaw and Practical Law.
By Lyle Moran • June 21, 2023 -
GCs’ two-tiered approach to using, and setting policy for, generative AI
As both users and risk managers of the new technology, legal leaders have a unique role to play within organizations.
By Robert Freedman • June 16, 2023 -
Opinion
How legal professionals should really use generative AI
Generative AI can and will transform your job for the better—eliminating rote work and letting you focus on higher value.
By Gaurav Oberoi and Jessica Nguyen • June 15, 2023 -
Preparation, outside help called key to CLM success
Without laying the groundwork and tapping third-party expertise, you face an uphill battle getting a contract management solution in place, a ContractPodAi executive says.
By Robert Freedman • June 14, 2023 -
How legal teams can use LexisNexis’ new generative AI platform
Lexis+ AI can generate first drafts and answer questions for in-house counsel, while another new tool can help legal departments manage inbound requests.
By Lyle Moran • June 14, 2023 -
Issues beyond ChatGPT use were at play in fake cases scandal
Attorney Steven A. Schwartz was not familiar with bankruptcy-related matters and his firm had limited legal research tools available.
By Lyle Moran • June 12, 2023 -
Mayer Brown has launched a Technology GC in Residence program
Experienced legal chief Beth Stevens said she had a very positive and educational experience as the inaugural participant in the law firm’s new initiative.
By Lyle Moran • June 7, 2023 -
Screen grab/Legal Dive, data from CLOC
Knowledge management called key to avoiding generative AI disasters
A panel of in-house legal specialists foresaw, and had ideas for avoiding, the kind of problem that resulted in a widely reported incident in which fake cases were included in a legal filing.
By Robert Freedman • June 2, 2023 -
CLM software has become most used in-house legal tech, survey finds
Contract lifecycle management technology is also the only tool that more than 50% of in-house professionals say is effective, according to an ACC and Exterro report.
By Lyle Moran • June 2, 2023 -
Federal judge seeks to prevent generative AI mistakes in briefs
The Texas jurist’s mandatory certification regarding AI use highlights that the latest technology can “make stuff up” and introduce bias.
By Lyle Moran • June 1, 2023 -
Opinion
Contract management is too integral to keep it just within legal
GCs should think beyond legal and integrate their technology and processes with the larger enterprise to create efficiency and strategic value across the organization.
By Bernadette Bulacan • May 31, 2023 -
Lawyer cites fake cases generated by ChatGPT in legal brief
The high-profile incident in a federal case highlights the need for lawyers to verify the legal insights generated by AI-powered tools.
By Lyle Moran • May 30, 2023 -
stock.adobe.com/Mark Neal Design
Sponsored by KnowableContract management: The importance of looking in the rear view
What do decentralization and the struggle of 80% of companies have in common? Failing to manage executed agreements.
By Rick Teague, Senior Vice President of Innovation, Knowable • May 30, 2023 -
https://www.gettyimages.com/detail/photo/leadership-and-cooperation-royalty-free-image/1220581495?phrase=legal+technology via Getty ImagesOpinion
The key questions for measuring your legal team’s technological maturity
One of the best ways to gauge if your technology investments are delivering value is by regularly soliciting feedback from the people who use the tools.
By Jared Hostmeyer • May 25, 2023 -
C-suite leaders see AI boosting productivity: KPMG
More than 60% said generative AI also could end up encouraging innovation and help create more products and services.
By Alexei Alexis • May 25, 2023 -
Generative AI is creating advisory work for legal teams
Some in-house departments have created AI working groups and others are helping educate customers about the emerging tech, the legal chiefs at Instacart and GitHub said.
By Lyle Moran • May 23, 2023 -
Tonkean launches suite of legal tools powered by generative AI
The products are designed to assist in-house departments with intake and automate common legal processes, such as NDA creation.
By Lyle Moran • May 22, 2023 -
Opinion
Why it’s imperative lawyers adopt a ‘legal copilot’ model with AI
By combining AI and human capabilities, organizations can leverage the strengths of both to improve decision-making and achieve better outcomes.
By Johannes (Jan) Scholtes and Geoffrey Vance • May 19, 2023