AG Proves LLMs Can Do Well On Due Diligence
Artificial Lawyer
OCTOBER 8, 2024
UK-based law firm, Addleshaw Goddard (AG), has tackled the challenge of using generative AI for large-scale tasks such as due diligence and found that LLMs.
Mitigating M&A Cyber Risk: Pre- & Post-Acquisition Due Diligence [Sponsored]
Above the Law - Technology
SEPTEMBER 9, 2024
Why M&A cybersecurity due diligence? The post Mitigating M&A Cyber Risk: Pre- & Post-Acquisition Due Diligence appeared first on Above the Law.
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Linklaters’ Approach to AI and Due Diligence
Artificial Lawyer
MARCH 10, 2025
Due diligence is a key area for commercial law firms and one that many legal AI companies have targeted. How does global firm Linklaters approach this key element of its work for clients? Artificia
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Federal Court Suspends Florida Attorney Over Filing Fabricated Cases Hallucinated by AI
Above the Law - Technology
MARCH 14, 2024
” Based on this, the committee found that Neusom had not only failed to exercise the reasonable due diligence required of an attorney, but that his conduct went “beyond a lack of due diligence as some of his legal authorities were completely fabricated.”
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Thomson Reuters automates M&A due diligence for faster deal closures
Legal IT Professionals
APRIL 12, 2023
Amid economic uncertainty, law firms and legal departments have never been more focused on operating efficiently and making the most of advanced technologies and legal data to control costs and improve productivity.
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Customizing AI To Specific Legal Practice Areas
Above the Law - Technology
JANUARY 24, 2024
To develop genuinely equitable AI-driven solutions, the responsible use of AI requires due diligence and commitment to fairness. The post Customizing AI To Specific Legal Practice Areas appeared first on Above the Law.
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Justia Legal Resources: Small Business Legal Center
Justia Legal Marketing & Technology blog
FEBRUARY 12, 2025
Some people also may find it a hassle to comply with the strict requirements under state law for starting and operating a corporation. For example, anti-discrimination laws forbid firing an employee because they have a certain protected characteristic, such as a particular race, national origin, gender, or religion.
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Importance of Carbon Offset Due Diligence
Ikigai Law
FEBRUARY 7, 2023
Conducting a thorough due diligence helps the purchasing company assess the offset’s quality and protect it from potential negative publicity. In this article, we discuss key aspects a due diligence exercise should look into. Due diligence on carbon offset quality is a form of risk management.
Due Diligence Checklist: A Step-by-Step Guide
CaseFox
OCTOBER 10, 2023
The due diligence checklist is a comprehensive document that you can use to help you prepare for a potential deal. The due diligence checklist is also an essential part of any business transaction. The format of a due diligence checklist is basic. However, you can change it to fit various industries.
Wolters Kluwer Launches Bank Failures Toolkit: Due Diligence, Risk, Communications and a Litigation Tracker
Dewey B Strategic
MARCH 30, 2023
One week after the collapse of Silicon Valley Bank, Wolters Kluwer posted a free publicly available resource Due Diligence Checklist.Since March 17 th they have added five addition resources to a suite of tools referred to as the Bank Failures Toolkit. The resources are developed for inhouse counsel and their external law firms.
AI's Impact on Patent Law: Faster Searches, Smarter Analysis, Better Client Outcomes (Matthew Veale, PatSnap)
Technically Legal
JULY 31, 2024
The role of AI in due diligence: Enhancing efficiency without replacing human expertise. AI's capabilities in analyzing and classifying images: Why AI can outperform humans in these tasks. The impact of AI on legal practice: Assisting attorneys in understanding patent data and improving client communication.
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Few Legal Professionals Using Or Planning to Use Generative AI So Far, LexisNexis Survey Finds
Above the Law - Technology
MARCH 21, 2023
lawyers and 1,239 law students — are generally more aware than the general public of generative AI tools such as ChatGPT, with 88% of legal professionals having heard of them compared to 57% of consumers. Conducting due diligence, 12%. The survey finds that legal professionals — the survey polled 1,176 U.S. Some impact, 48%.
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Wolters Kluwer Launches Bank Failures Toolkit: Due Diligence, Risk, Communications and a Litigation Tracker
Legal Tech Monitor
MARCH 30, 2023
One week after the collapse of Silicon Valley Bank, Wolters Kluwer posted a free publicly available resource Due Diligence Checklist.Since March 17 th they have added five addition resources to a suite of tools referred to as the Bank Failures Toolkit. The resources are developed for inhouse counsel and their external law firms.
Fining Big Tech isn’t working. Make them give away illegally trained LLMs as public domain
lennyesq
DECEMBER 23, 2024
Given they were trained on our data, it makes sense that it should be public commons that way we all benefit from the processing of our data and the companies, particularly those found to have broken the law, see no benefit. Read more…
Legaltech Due Diligence: Evaluating Cloud and AI Software
Legal Tech Monitor
OCTOBER 17, 2023
My past Daily Record articles can be accessed here. ** Legaltech Due Diligence: Evaluating Cloud and AI Software Technology is evolving at a pace never before seen. What type of facility will host your law firm’s data? She also co-authors “Criminal Law in New York,” a Thomson Reuters treatise.
Battle Royale: Alpha Modus Sues Walgreens for Patent Infringement
Brett Trout
FEBRUARY 4, 2025
This case underscores the importance of protecting intellectual property and of conducting intellectual property due diligence before launching new technology. What This Means for Businesses: Conduct thorough patent due diligence before deploying new technologies.
ALSP Factor Launches Product for Law Firms to Manage and Support Transactions
LawSites
JUNE 8, 2021
There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Due diligence.
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Streamlining Procurement: How RFPs Benefit Corporate Legal Teams and Law Firms
MatterSuite
JUNE 19, 2023
In today’s fast-paced business environment, efficient procurement processes are crucial for corporate legal teams and law firms. An RFI serves as a preliminary step before issuing an RFP and plays a crucial role in gathering information and qualifying potential vendors or law firms.
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Rethinking Law Firm Strategy: The Road to Growth and Success with Toby Brown and Nita Sanger (TGIR Ep. 200)
3 Geeks and a Law Blog
MAY 3, 2023
There are three rules for growth and success when it comes to large law firms. Brown emphasizes the need for law firms to develop strategies that prioritize clients and build meaningful relationships. Strategy, strategy, and strategy. So we reached out to Toby a few weeks ago and asked what he’d like to talk about.
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First Year Legal Associates: What to Expect
Martindale-Avvo
MARCH 4, 2025
How Long it Takes to Get Hired Of course there are no guarantees when it comes to securing a job after law school. In 2021, 83% of law school grads found employment where passing the bar was a requirement or advantage. The jobs were secured within 10 months of graduating law school.
Thomson Reuters Launches AI-Powered Contract Analysis Tool in HighQ
LawSites
JUNE 1, 2021
Integrated with HighQ, the collaboration and workflow platform Thomson Reuters acquired in 2019, HighQ Contract Analysis is designed for attorneys to use in transactional due diligence, compliance review and contract investigations. A quick-edit panel allows review and annotation of a contract.
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Hebbia AI for Lawyers: What You Need to Know About the Latest Legal AI Tool
Clio
DECEMBER 13, 2024
Consider Clio Duo, the AI-powered feature in Clio Manage that helps law firms enhance their productivity and focus on what truly matters. How law firms can leverage Hebbia AI There are a number of practical ways that Hebbia could potentially help law firms looking to leverage its AI functionality. Book a Clio Duo demo today.
Five Things to Look for in Shared Office Space
Attorney at Work
JULY 28, 2022
Due Diligence: Questions to Ask Before Selecting Your Next Shared Office Space. What About Renting an Office With Another Law Firm? Typically, lawyers who take an office with another law firm will do so because the cost is cheaper than a professional co-working operator and they do not need to sign a lease.
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Dentons Joins with Intanify to Uncover IP Risks Sooner
Legal Practice Intelligence
JULY 17, 2024
Intanify, a VC-backed AI fintech startup, announced a groundbreaking partnership with Dentons, the world’s largest law firm. Intanify has developed knowledge graphs covering IP due diligence and risk together with.
Johannes Scholtes: AI Is Finally Here. Now the Hard Work Begins for the Legal Industry (TGIR Ep. 191)
3 Geeks and a Law Blog
FEBRUARY 22, 2023
This week’s guest has worked toward that goal of integrating AI and other technologies into the practice of law for more than forty years. He joins us this week to discuss the need for lawyers and law firms to use these tools to enhance the power of the practice of law. Are they are they what we would consider an undergrad?
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Recruiting and Retention: Seven Strategies to Help Win the War for Talent
Attorney at Work
DECEMBER 6, 2021
Rethinking Law Firm Recruitment and Retention. Too often, we speak to law firm representatives who rely on outside surveys in setting the salary ranges for their positions. While due diligence is still critical, firms can’t afford to sit back and wait. Increases in referral fees paid to employees who suggest candidates.
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Take the Money and Run? Factors to Consider Before Accepting a Big Law Job Offer
Attorney at Work
MAY 3, 2022
Even casual observers of the goings-on in Big Law know the Great Resignation, as with the rest of America, has not spared the legal profession. That fact, combined with the surprising and continuing high demand for Big Law services, means that you couldn’t ask for a better job market if you are an associate seeking greener pastures.
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Legal Staffing Lessons for Today’s Marketplace
Attorney at Work
AUGUST 26, 2021
Law firms didn’t let the pandemic get in the way of profitability or performance in 2020. Successful law firms not only accommodated dynamic client needs in this moment of unprecedented upheaval, but also made internal structural changes to ensure the work got done as efficiently and cost-effectively as possible.
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Digital Transformation in Knowledge Management: Where Were We 5 years ago and Where Are We Now?
Legal Tech Monitor
APRIL 12, 2023
Much of these efforts were focused around contract review and due diligence, but extensive discussion also took place around the relevance of these tools for knowledge management. That year marked a decision point for many law firms: what was their long-term knowledge strategy? At least three types of [More]
Can Lawyers Ethically Store and Transmit Client Info in the Cloud?
Attorney at Work
JUNE 4, 2022
QUESTION: Our law firm would like to reduce our paper and physical storage use and costs by “going to the cloud” with our data. We don’t want an ethics violation due to a data breach of our clients’ confidential information. requires attorneys to keep abreast of changes in law and its relation to technology. Due Diligence.
AI Judges: Enhancing or Undermining the Justice System?
CaseFox
MARCH 30, 2023
A survey by Altman Weil found that 62% of law firm leaders believe that technology will replace human lawyers for certain tasks, such as document review and due diligence. The role of judges in the judicial system is to make impartial decisions based on the evidence presented in court.
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Introducing Harvey AI: Revolutionizing the Legal Field with Artificial Intelligence
Martindale-Avvo
MAY 25, 2023
Backed by a recent investment from Open.AI, the creators of ChatGPT, many speculate on the implications of this technology for the future of law. It combines general internet data from the GPT model with legal-specific data, including case law and reference materials. Who’s partnering with Harvey AI?
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Accepting Crypto Payments for Legal Services
Attorney at Work
JULY 5, 2022
Over the past few years, many law firms have started cryptocurrency practice groups. But are these law firms accepting crypto as payment? Today many law firms accept cryptocurrency as payments. Moreover, it is still unclear whether cryptocurrency is money or property under the law. Getting Paid with Cryptocurrency.
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FTC’s Consent Order Against Marriott: Expectations for Reasonable Security
Debevoise Data Blog
JANUARY 30, 2025
Likewise, state regulators in the AG Settlement cited their general consumer protection and data breach notification laws. This expansive enforcement approach is not novel and parallels recent regulatory activity pursuing compliance through existing laws for newer technology and technological developments. For instance, the U.S.
Chatbots for Lawyers
Clio
SEPTEMBER 18, 2024
Chatbots for lawyers are a time-saving automation tool that’s hosted on a law firm website and available 24/7. Having legal live chat is becoming increasingly common for law firms. Here are a few other benefits that chatbots bring to your law firm. For virtual law firms , chatbots also act as the front desk receptionist.
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Harnessing AI in Transactional Legal Work
Clio
FEBRUARY 21, 2025
With nearly three-quarters of a law firms hourly billable tasks potentially exposed to automation by AI, theres seemingly no limit to the ways AI can be leveraged in modern law firms. From contract drafting to due diligence and deal efficiency, AI helps lawyers complete transactional legal tasks faster and more efficiently.
Women of Legal Tech: Julie Saltman
Law Technology Today
SEPTEMBER 7, 2023
Julie Saltman is the CEO and co-founder of Standd, an AI-native due diligence and deal review platform, which eliminates friction and creates clarity throughout the deal process, so everyone around the table can focus on building the relationships that are critical to success. Department of Justice.
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Law Firm Billing: Ultimate Guide and Best Practices
Clio
AUGUST 7, 2024
Billing is critical to the success of your law firm. And yet law firm billing, including billing clients and chasing down payments, can be one of the most repetitive, dreaded, and time-consuming parts of any lawyer’s day. Billable time and disbursement fees/expenses are logged throughout the case.
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Customizing AI To Specific Legal Practice Areas
Legal Tech Monitor
JANUARY 24, 2024
To develop genuinely equitable AI-driven solutions, the responsible use of AI requires due diligence and commitment to fairness. The post Customizing AI To Specific Legal Practice Areas appeared first on Above the Law.
Positioning Yourself for Online Opportunities
Attorney at Work
OCTOBER 20, 2022
Prospects do their own research and due diligence. Get really good ideas every day for your law practice: Subscribe to the Daily Dispatch (it’s free) or Weekly Wrap. Do People Really Find Lawyers Through Online Searches? The answer is yes. Even for higher margin work? The answer is also yes. Subscribe to Attorney at Work.
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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering
LawSites
AUGUST 10, 2021
Marwaha said he sees Kira as a natural extension of the Litera Transact workflow, adding contract analysis and due diligence. As it stands today, he said, if a law firm is doing a project-based contract review, it is highly likely to be using Kira. Our brand wants to be the brand that law firms look to solve problems,” he said.
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The Legal Ethics of Cloud Computing & SaaS
Percipient
NOVEMBER 24, 2021
In short, lawyers must observe their long-standing ethical obligation to preserve client confidence and conduct due diligence into any service or vendor used to store client information. Other states describe a lawyer’s duty when choosing SaaS and cloud computing services as one of “due diligence.”
How Attorneys Can Use Legal Data for Legal Recruiting
Attorney at Work
JULY 14, 2021
Legal recruiting is an important business development tool for law firms looking to expand their client roster, build up their practice areas, and open offices in new locations. Have they moved from one law firm to another very frequently? The Legal Recruiting and Business Development Connection. Who are their top clients?
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How Can You Use AI in Law and Legal Practice?
Lawmatics
DECEMBER 19, 2023
Artificial intelligence (AI) seems to be everywhere these days, and it's definitely becoming a regular part of legal software, presenting law firms with advantages and risks that require consideration. As AI capabilities progress, these tools promise to bring greater efficiency, speed, and optimization to law firms.
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