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Thomson Reuters is getting into the game of AI-powered contract analysis with the launch today of HighQ Contract Analysis , a contract review tool that uses machine learning to find answers to specific legal questions. 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.
Trials. Exhibits. In Person. Remote. Hybrid. We have many options, now that we're slowly climbing our way out of a global pandemic. Pre-COVID, we had only a few common options. During the first part of COVID, we literally had none. Rather quickly, the lights began to turn on again, even if most of those were monitors glowing, as opposed to courtroom lights.
At the top end of the legal profession, in terms of pay, salary wars are well underway. Starting associate salaries have jumped over the $200K mark and are rising. But for much of the rest of the market, pricing takes on a whole other set of issues and consumer market pressures. Solo and small firm lawyers struggle to set competitive prices. With LegalZoom chomping at their heels, there’s a fear that hourly and project rates too low to make the practice worth the effort.
Rocío Ramirez, Independent Legal Tech Consultant After 20 years of legal practicing as a lawyer, mainly processing court files , I can clearly state that the management of court notifications is one of the main workloads of a lawyer's day-to-day work. While it is true that the procedure the court notification requires, in many cases, will need the expertise of a legal technician , such as drafting an answer to the claim, or the preparation of an appeal, the management of the notification itself,
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
How do you know when it is time to quit your job, or your client, or a relationship — or even your dream? While many of us grew up to the tune of “quitters never win and winners never quit,” we know that’s not exactly true. After all, the world is full of inspiring tales of quitters who’ve come out on top. And the post-pandemic headlines are telling us that plenty of people have decided it’s time for something new, employment-wise: “The Great Resignation Is Here!
Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and security, often without our situational awareness.
These days, the duty of technology competence requires lawyers not only to know how to use Zoom, but also to remember that it can record you. It seems a lawyer inconveniently forgot that fact when he flipped the bird during his opponent’s appellate argument on Zoom, and then denied it. It was an expensive lesson, as the combination of those two acts — of flipping the bird and then denying it — cost him $3,000.
These days, the duty of technology competence requires lawyers not only to know how to use Zoom, but also to remember that it can record you. It seems a lawyer inconveniently forgot that fact when he flipped the bird during his opponent’s appellate argument on Zoom, and then denied it. It was an expensive lesson, as the combination of those two acts — of flipping the bird and then denying it — cost him $3,000.
Twitter LinkedIn Reddit Facebook Pinterest Print Email Dave Wilson, Managing Director and Founder of Tiger Eye Consulting has worked in the professional services IT field for most of his career, with his involvement with Document Management Systems starting early on in his profession. Tiger Eye – leading iManage Partner for Knowledge and Technical Expertise – have been iManage Partners since the company’s inception in 2005, when Dave left a senior role at iManage to start his own customer-
Look to the left, look to the right. If you’re a solo/small firm, it’s a fair bet that one of your firms has been a victim of a cyber attack. According to the 2020 ABA Tech Report , 29% of law firms have been hacked. That’s up from 26% in 2019. Security+ and GlobalMac IT CEO Tom Lambotte explains to Digital Detectives why solo/small firm lawyers fail to protect their sensitive information.
The latest announcement by OpenText of Cloud Editions includes some great updates to OpenText™ Axcelerate™. Check out the latest updates below. June 2021: What’s new in OpenText Axcelerate CE 21.2 Legal teams and law firms are under pressure to contain the cost of eDiscovery against rising data volumes and new forms of data such as … The post What’s new in OpenText Axcelerate appeared first on OpenText Blogs.
Implicit bias is a psychological term that attempts to describe the unconscious prejudices and stereotypes we form without awareness. It is human nature to have these unknown biases, whether we want to admit it or not. We form biases owing to our education, experience, culture and history. Our minds form biases based on unconscious associations over time, intentionally or unintentionally.
Speaker: Allison Mears, Adela Wekselblatt, and George Socha
Artificial intelligence is reshaping the legal industry, and paralegals are at the forefront of this transformation. As AI becomes more integrated into legal workflows, paralegals can streamline their daily tasks, enhance efficiency, and add greater value to their firms and organizations. But what exactly does AI mean for paralegals today—and how can you leverage it to your advantage?
Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and security, often without our situational awareness.
Palo Alto, Calif., based Intapp , a major provider of cloud-based business applications for larger law firms and financial services firms, filed papers Friday with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. For the legal technology industry, where IPOs have been few and far between, the news is significant.
Twitter LinkedIn Reddit Facebook Pinterest Print Email We sat down with Anthony Seale , CEO and Founder of Legatics, and Daniel Grant-Smith , Head of Engagement at Legatics to dive into their two fascinating Innovate UK reports. The first report “ Barriers to LegalTech adoption ” focuses on attitudes to legal technology, diagnoses barriers to adoption and makes recommendations to increase usage.
Ever notice how when someone asks for reading recommendations on social media, the comment threads blow up? Folks love to share their favorite reads. They seem to equally enjoy seeing what books are on the reading lists of their friends and professional associates. Confession: I save all those lists, and now I’m swimming a sea of too many good choices.
Are there mysteries lurking in your family tree? 🕵 No, not a long-lost half-brother - I'm talking about a patent family tree! IP paralegals need fast and easy ways to verify and report on essential data about foreign equivalents of US assets. Join us to master the global scope of key assets to support prosecution, portfolio management, litigation, licensing, competitive monitoring and more!
Since the implementation of the California Consumer Privacy Act (“CCPA”) 18 months ago, more than 75 lawsuits have been filed seeking damages using the Act’s private cause of action. The CCPA provides a cause of action to “[a]ny consumer whose nonencrypted and nonredacted personal information. is subject to an unauthorized access and exfiltration, theft, or disclosure as a result of the business’s violation of the duty to implement and maintain reasonable security procedures.
The only way to find out what your clients think of you is to ask them. Follow these steps for conducting effective client interviews. A critical aspect of any law firm’s marketing strategy is understanding how you are currently perceived by clients. Why did they choose you and why do they remain with you? What other firms are they using and why?
Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and security, often without our situational awareness.
As companies plan for safely returning to the office, two new resources — including one that is free — are available to help legal professionals advise them with access to comparative federal and state legal requirements and case law. One of these new back-to-office resources is an expansion of the COVID-19 State & Federal Compare Smart Chart , a comprehensive, free resource that Wolters Kluwer Legal & Regulatory U.S. first launched shortly after the onset of the pandemic as a way of sup
Speaker: Joe Stephens, J.D., Attorney and Law Professor
Ready to cut through the AI hype and learn exactly how to use these tools in your legal work? Join this webinar to get practical guidance from attorney and AI legal expert, Joe Stephens, who understands what really matters for legal professionals! What You'll Learn: Evaluate AI Tools Like a Pro 🔍 Learn which tools are worth your time and how to spot potential security and ethics risks before they become problems.
Twitter LinkedIn Reddit Facebook Pinterest Print Email Legaltech can dramatically improve products and services. However, there are no magic bullets. Legaltech ROI is only as good as its foundations. Those foundations are the underlying people and process served by it. If people are not already well organised with well-designed processes, deploying technology – no matter how good – is in many cases a costly fool’s errand.
Chantal Desloges Founder & Senior Partner Desloges Law Group Citizenship & Immigration Law 8 Professionals, 14 staff Toronto, Ontario In the fall of 2019 Desloges Law Group, a successful immigration firm, reached out to LexCloud.ca to support their move to a new office in downtown Toronto. “As one might imagine, there were many headaches associated with the logistics” says Senior Partner Chantal Desloges.
On Monday, June 14, 2021, the Board of the California Privacy Protection Agency (“Agency”) hosted its first inaugural public meeting. As discussed in a prior posting , the California Privacy Rights Act (“CPRA”) established the Agency, which is governed by a five member Board and is tasked with adopting additional implementing regulations and enforcing the CCPA.
As invitations begin to roll in for social events this post-pandemic summer, here’s a refresher from “coach” Mike O’Horo on how to handle yourself when you meet someone for the first time — or after a long time. . As summer approaches, social schedules ramp up with graduation parties, barbecues, golf outings, baseball games and the like.
Speaker: Anne Post, CEO North America, Xakia Technologies
Do you know that 40% of U.S. Legal Departments now have a formal legal intake process? With that in mind, where does your legal department stand today? Many legal teams still struggle with a flood of incoming requests, leaving everyone overwhelmed and frustrated. Implementing a formal legal intake process can seem like an obstacle between the business and the legal department, but it doesn’t have to be!
About a quarter of census tracts with a post office don’t have a community bank or credit union branch, suggesting postal banking could provide a financial lifeline to the millions of Americans without a bank account, according to our new research by Terri Friedline , University of Michigan and Ameya Pawar , University of Chicago.
I reported here last week on a statement issued by a committee of Massachusetts’ highest court recommending that law firms and other legal employers permanently adopt flexible working options as their standard, rather than as the exception. Maintaining flexibility in individual working arrangements serves the dual purposes of enhancing lawyer well-being while also advancing diversity, equity and inclusion, the committee said.
Two new ambassadors were appointed in May 2021: With the nomination of Suzanna Kalendzhian for UAE and Elvīra Krēķe for Latvia, the European Legal Technology was able to further consolidate its Ambassador network. “We are delighted that, with the nominations of Elvira and Suzanna, we have further support in achieving our mission of a diverse and transnational network of legal technology experts.,” says Holger Zscheyge, ELTA’s president.
The switch to more comprehensive electronic filing in Canadian courts has been a major step toward ensuring an efficient and accessible legal system. However, as the profession adjusts to new technologies and more distributed operations, many are experiencing "growth pains", particularly when navigating courts' overly restrictive e-file size limits.
Patent due diligence processes take too long. The information you need is publicly available but accessing it is often tedious & inefficient, requiring you to wade through dozens of PTO websites or for-free tools to gather what you need. Plus, it frequently occurs late in the game, leaving professionals under pressure, sifting through chaotic 100-page PDFs, and frustrated with poorly formatted information & patent numbers.
Why Lawyers Need Data Security Obviously, no professional wants unauthorized third-parties to access their data. It doesn’t really matter what sort of business they’re in. Nor, do they want to inexplicably lose important business information. But, for lawyers, this isn’t just good business practice, generally the relevant rules of professional conduct require it.
I am behind enemy lines. My hands are gripping a stylus. My face is bathed by blue light in the darkness. I know I’m not going to make it. With a flourish, I sign the signature line on a PDF on a Remarkable 2 to seal my fate. Now I am a … digital. My assignment was simple enough: Gather intelligence on the Remarkable 2 and determine its threat level to the analog way of life.
Articles and Columns for June 2021 Artificial Intelligence Resources on the Internet 2021 – Articles, studies, reports and investigations abound on how AI is impacting all aspects of our lives inclusive of privacy, social media, healthcare, the economy, the financial system, education, communications, law, the courts and technology. This is a timely, broad overview of.
A report out yesterday provides further evidence of a trend I have written about several times in recent years — the increasingly instrumental role law librarians play in innovation and technology adoption. The 2021 AALL State of the Profession Report , the second such report published by the American Association of Law Libraries, compiles data from three surveys to provide quantitative insights on such issues as the impact of COVID-19 in law libraries, diversity, budgets, user services, operat
Trellis AI leverages the largest repository of state trial court data to help litigators evaluate cases, automate brief drafting, suggest winning strategies, and more. Key components: Draft Arguments — Uses similar/successful motions in the Trellis database to generate arguments/citations for your motions seeking dismissal, summary judgment, etc. Case Assessment — Predict the likely outcomes of a case at any stage to help you decide to accept it, guide motion practice, make settlement offers, an
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