Wed.Dec 13, 2023

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Large Language Models Will Crush The Future Human Competitors Of Established Authors Suing Over AI Chatbots

Above the Law - Technology

Won't somebody please think of the English majors? The post Large Language Models Will Crush The Future Human Competitors Of Established Authors Suing Over AI Chatbots appeared first on Above the Law.

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UK Judges Allowed to Use AI Chatbots As Part of Their Job

Kevin O'Keefe

Judges and lawyers in the UK have now been offered guidance to use AI chatbots in legal proceedings, Digit News of Scotland reported yesterday Judges will be allowed to use ChatGPT to help write rulings despite warnings that AI can invent cases that never happened – a lower risk when lawyers are crazy enough to have AI write memorandums and authority from scratch, as opposed where cases are cited and decisions are written from the record.

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Justia Legal Resources: Banking and Finance Law Center

Justia Legal Marketing & Technology blog

Last month, a financial scandal that captured the attention of many Americans reached its climax. Sam Bankman-Fried had founded cryptocurrency exchange FTX in 2019 and served as its CEO, despite allegedly knowing nothing about cryptocurrency at the time. He soon became a billionaire, but the bubble did not take long to burst. FTX filed for bankruptcy in November 2022, and “SBF” was arrested in the Bahamas the next month.

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Your Smart TV Knows What You’re Watching

LLRX

Mohamed Al Elew and Gabriel Hongsdusit describe how to turn off “automated content recognition,” the Shazam-like software on smart TVs that tracks what you’re watching.

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Should Copyright Preemption Moot Anti-Scraping TOS Terms? (Guest Blog Post)

Eric Goldman

by guest blogger Kieran McCarthy Many characterize the law of copyright preemption of contracts as a circuit split. But that undersells the level of inconsistency in courts’ interpretations of the law of copyright preemption. It’s not that half of federal judges have adopted one clear stance on copyright preemption of contracts and the other half have adopted another clear stance.

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Navigating the Privacy Patchwork: Lessons from Relativity Fest

Relativity

As if the changing shape of data wasn’t enough, corporate legal teams across the US are now grappling with an evolving—and increasingly complex—set of privacy laws for how they collect and use personal information.

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Generative AI and the Small Law Firm, Part 3: First Steps for Firm Leaders

Attorney at Work

Mark Haddad | What can a small law firm do, right now, to leverage Gen AI? The post Generative AI and the Small Law Firm, Part 3: First Steps for Firm Leaders appeared first on Attorney at Work.

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How to Make a Successful Business Plan for Your Law Firm

CaseFox

If you want to start a law firm apart from being passionate about practicing law, you will also need a solid law firm business plan. Creating a law firm’s business plan is the key to success. While you may already have many plans in your head about what you want to name your firm, what your firm looks like, etc. But knowing how to make a law firm business plan is important.

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Generative AI legal industry leaders meeting: New report and calls to action

Legal Tech Monitor

On 25 October, around 30 senior IT, knowledge and law firm leaders met at the London office of DAC Beachcroft to discuss their views and approaches to generative AI technology. Generative AI legal industry leaders meeting: New report and calls to action Read More » The post Generative AI legal industry leaders meeting: New report and calls to action appeared first on Legal IT Insider.

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Webcast: AI and Private Equity

Debevoise Data Blog

On Wednesday, December 13, 2023, Avi Gesser, Charu Chandrasekhar, and Michelle Huang from the Data Strategy and Security Group, and Kevin Schmidt in our Mergers & Acquisitions Group, discussed how PE firms are using AI and ways to identify and mitigate AI-related risks. Key takeaways from the discussion included answers to the following questions: How are PE firms currently using AI?

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Large Language Models Will Crush The Future Human Competitors Of Established Authors Suing Over AI Chatbots

Legal Tech Monitor

Won’t somebody please think of the English majors? The post Large Language Models Will Crush The Future Human Competitors Of Established Authors Suing Over AI Chatbots appeared first on Above the Law.

Law 52
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Cloud Hosting Costs: What Law Firms Need to Know

Clio

From individuals to big businesses, it’s no longer a novelty to be “in the cloud.” In fact, according to a 2022 Google Cloud report , 76% of people reported using the public cloud. For technology leaders, cloud usage is even higher, with another 2022 Google Cloud report noting that 93% of technology leaders said they are “mostly cloud” in some form, while the number of respondents who said they were “mostly on-premises” dropped to just 7%.

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Baker McKenzie AI Expert on Why the EU's AI Act May Have Limited Impact

Legal Tech Monitor

Legaltech News caught up with Lothar Determann, author of the upcoming Determann’s Field Guide to Artificial Intelligence Law, to discuss whether cross-disciplinary compliance efforts to AI are truly possible, whether data privacy laws are the right tools to regulate generative AI and more.

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Reconciliation in Accounting: What Lawyers Need to Know

Clio

Reconciliation in accounting—the process of comparing sets of records to check that they’re correct and in agreement—is essential for ensuring the accuracy of financial records for all kinds of businesses. For the legal profession, however, regular, effective reconciliation in accounting is key to maintaining both financial accuracy and legal compliance—especially when managing trust accounts.

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Emerging Issues in AI: Testimony to Illinois House Judiciary (Civil) and Cybersecurity Committees

Legal Tech Monitor

States need to focus on the benefits of AI, not just the risks when making law and policy. That was my primary message when I gave testimony about AI in the corporate and legal space at a hearing on “Emerging Issues in AI” held by the Illinois House Judiciary – Civil Committee and House Cybersecurity, Data Analytics, and IT Committee on November 2, 2023.

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How to Make a Successful Business Plan for Your Law Firm

CaseFox

If you want to start a law firm apart from being passionate about practicing law, you will also need a solid law firm business plan. Creating a law firm’s business plan is the key to success. While you may already have many plans in your head about what you want to name your firm, what your firm looks like, etc. But knowing how to make a law firm business plan is important.

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The Orange Rag Newsletter is Here!

Legal IT Insiders

Welcome to the last Orange Rag newsletter of the year, in which we have worked hard to canvas views from senior decision makers across the legal sector as to what … The Orange Rag Newsletter is Here! Read More » The post The Orange Rag Newsletter is Here! appeared first on Legal IT Insider.

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Replacing Attorney Review? Sidley's Experimental Assessment of GPT-4's Performance in Document Review

Legal Tech Monitor

Sidley Austin’s Robert D. Keeling details findings of a test of GPT-4’s ability to step in on e-discovery, offering the pros and cons of using the tool for document review.

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Generative AI legal industry leaders meeting: New report and calls to action

Legal IT Insiders

On 25 October, around 30 senior IT, knowledge and law firm leaders met at the London office of DAC Beachcroft to discuss their views and approaches to generative AI technology. … Generative AI legal industry leaders meeting: New report and calls to action Read More » The post Generative AI legal industry leaders meeting: New report and calls to action appeared first on Legal IT Insider.

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The Fast (and Strange) Rise of the Legal Influencer

Legal Tech Monitor

Despite much cynicism and a recent controversy, top lawfluencers explain how to maintain a sound social media profile, and why it is worth the flack.

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Aderant Unveils New Onyx Capabilities to Improve Client Terms Review Process

Legal IT Professionals

Aderant, the leading global provider of legal business management solutions, unveiled a new Terms Review Workflow feature for Onyx, the AI-powered solution that has transformed Outside Counsel Guideline (OCG) compliance for law firms around the world. Since its launch, Onyx has reshaped OCG compliance across time, billing, and eBilling by providing automated and unified solutions that enable law firms to tackle compliance challenges.

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Navigating the Tech Landscape in 2024: What Law Firms Should Expect

Legal Tech Monitor

By being proactive and staying agile, law firms can position themselves for success in this rapidly changing tech-driven world.

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Roe v. Wade Aftermath:  First of its Kind Abortion Lawsuit Challenging States’ Trigger Ban

Trellis.Law Blog

Last week, a Texas woman seeking an abortion on the medical advice of her doctor sued the state for the right to have the abortion. In a first of its kind challenge since the Supreme Court overturned Roe v. Wade… Continue reading → The post Roe v. Wade Aftermath: First of its Kind Abortion Lawsuit Challenging States’ Trigger Ban first appeared on Trellis.Law Blog.

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Well, That’s Dumb

Legal Tech Monitor

What do you think is the *worst* law? The post Well, That’s Dumb appeared first on Above the Law.

Law 52
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Former Trump Fixer Michael Cohen’s Latest Brief Filled With Fake Cases And We All Know Where This Story’s Going

Above the Law - Technology

It seems that generative AI has struck again. The post Former Trump Fixer Michael Cohen’s Latest Brief Filled With Fake Cases And We All Know Where This Story’s Going appeared first on Above the Law.

Law 306
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Roe v. Wade Aftermath:  First of its Kind Abortion Lawsuit Challenging States’ Trigger Ban

Legal Tech Monitor

Last week, a Texas woman seeking an abortion on the medical advice of her doctor sued the state for the right to have the abortion. In a first of its kind challenge since the Supreme Court overturned Roe v. Wade. Continue reading → The post Roe v. Wade Aftermath: First of its Kind Abortion Lawsuit Challenging States’ Trigger Ban first appeared on Trellis.Law Blog.

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Former Trump Fixer Michael Cohen’s Latest Brief Filled With Fake Cases And We All Know Where This Story’s Going

Legal Tech Monitor

It seems that generative AI has struck again. The post Former Trump Fixer Michael Cohen’s Latest Brief Filled With Fake Cases And We All Know Where This Story’s Going appeared first on Above the Law.

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