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Nicole Clark maps out a few of the most important innovations to expect in the coming year. The post A New Year Unfolds With Artificial Intelligence: Five Legal Tech Predictions for 2023 appeared first on Attorney at Work.
A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. While the report finds that law firms have largely recovered from pandemic-related declines in revenues, it concludes that, with regard to technology, the pandemic “drastically impacted” its use by law firms. “Law firms’ investment in technology — especially technolog
Over the years of the Legal Innovation Lab’s operation, we have been exploring and connecting with others working in the Welsh LegalTech space. In particular, we work closely with law firms, lawyers and other legal professionals who have had limited exposure to LegalTech training. Most of the training currently available focuses on commercial solutions and provides no practical, hands-on experience with the underlying technologies used in legal practice.
Satisfied clients are an invaluable resource for law firms—they’re more likely to make referrals and return to your firm for future legal matters, lend positive testimonials to your practice, and pay invoices on time, all of which help to support a healthy cash flow. . When it comes to client satisfaction, the quality of the professional skills your firm offers is key.
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.
When it comes to lawyer gifts, remember lawyers are pet lovers, too. The post Attorney at Work’s Ultimate Guide to Lawyer Gifts appeared first on Attorney at Work.
Lawyers and legal professionals using the AI-powered document drafting tool Clearbrief to create a legal brief or document will now be able to seamlessly view any case law they cite thanks to a partnership with the legal research and intelligence company Fastcase , the companies announced today. As I have written before , Clearbrief is an innovative legal technology product designed to strengthen legal writing in Microsoft Word by instantly finding the best evidence or law to support your argume
L exCheck , a leading AI-powered contract acceleration and intelligence platform, announced it has raised $17M in Series A funding led by Mayfield Fund. The funding will fuel the expansion of LexCheck’s contract review technology as it helps businesses accelerate growth by unlocking legal talent. This funding comes on the heels of a significant period of growth for LexCheck.
L exCheck , a leading AI-powered contract acceleration and intelligence platform, announced it has raised $17M in Series A funding led by Mayfield Fund. The funding will fuel the expansion of LexCheck’s contract review technology as it helps businesses accelerate growth by unlocking legal talent. This funding comes on the heels of a significant period of growth for LexCheck.
In-house legal departments allocate 93.5% of their external spending to law firm bills, according to a Gartner report. And with law firm billing rates on the rise , the best way to cut legal costs is to identify ways to avoid overpaying for law firm billing rates. In this guide, you’ll learn 5 ways to do that. 1. Benchmark your vendors to identify areas where you are overspending Benchmarking is a powerful tool to help you understand if you’re getting the best value in the legal mark
Nothing But the Ruth! | Rebranding is worth the investment to make your firm fit with who you are and what you offer. The post How I Rebranded My Law Firm appeared first on Attorney at Work.
I have always wanted to attend one of those invite-only summits – such as the Davos meeting of the World Economic Forum or a Renaissance Weekend – that bring together leaders from across disciplines to engage in open and unfettered dialogue about the state and future of whatever the summit’s topic may be. This week, my wish came true, in a sense, as I attended what felt like the legal tech world’s answer to Davos or Renaissance.
Looking for an in-house counsel job? Wondering what companies look for when hiring legal professionals? Well, this episode is for you. Bruce Byrd, General Counsel for cybersecurity company Palo Alto Networks, talks about what he looks for when he is hiring for his legal team. Like many in-house attorneys, Bruce worked a few years at a law firm and then moved in-house when he took his first corporate legal job with the AT&T legal team.
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?
Should we sacrifice accuracy at the altar of transparency or vice versa? When it comes to artificial intelligence and deep learning, the application is everything.
David Bensinger | Even small firms with modest IT budgets are realizing the advantages of virtual desktops. The post What Are Virtual Desktops? And Are They Right for Small Law Firms? appeared first on Attorney at Work.
Citing rapid growth over the past year, LexCheck , a company whose platform provides AI-powered contract review and negotiation, has raised $17 million in Series A funding, on top of $8 million in seed funding it had previously raised. The funding was led by the global venture capital firm Mayfield Fund. The company said it will use the funding to fuel and accelerate further development of its contract review technology, with a focus on customer experience.
On December 5, 2022, the Securities and Exchange Commission (the “SEC”) Division of Examinations (“EXAMS”) published a Risk Alert providing observations from recent examinations relating to investment adviser and broker-dealers’ compliance with Regulation S-ID (“Reg S-ID”), also known as the Identity Theft Red Flags Rule (the “Red Flags Rule”). We previously wrote about the SEC’s July 2022 charges against three financial institutions for violations of Rule 201 of Reg S-ID.
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!
Should we sacrifice accuracy at the altar of transparency or vice versa? When it comes to artificial intelligence and deep learning, the application is everything.
What To Avoid Selecting Your Intake Forms? The legal request intake process has had plenty of room for improvement for a while now. Many organizations have used stop-gaps to help the legal department manage requests, like online or paper/PDF forms for the requestors to fill out. Our 2022 Legal Tech Benchmark Survey found that intake-forms is one of the biggest daily pain points for legal teams.
The Legaltech Week panel is back at 3 ET today to discuss the top stories in legal tech. A ttendance is free, but, if you have not already done so, you need to register, which you can do here. Register once and you are signed up for all future sessions. Among the stories we’re planning to take up: Post-mortem on the inaugural TLTF Summit. The LawPay/MyCase Legal Industry Report.
I’m excited to announce the debut of my new column on law department innovation for LegalTech Hub. It’s called “ How to Solve the Biggest Disconnect in Law Department Innovation.” As I say in the column: “I routinely hear outside counsel say they wish their in-house counsel talked to them more about what they need so they could collaborate better. At the same time, I hear in-house counsel say that they wished their outside counsel talked to them more about what new things they could bring to the
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.
Speaking for the Rocket Matter family, we would like to thank you for entrusting your business with us. Our team has delivered new features this year that has enhanced our users’ overall experience and provided top-notch seamless security. Security enhancements included our integration with LexShare for encrypted document sharing and e-signatures , as well as Microsoft Single Sign On capability. .
Many legal firms have a very traditional company culture. Since legal consulting is a profession with long lasting traditions, having a culture that is shaped by a sense for responsibility is good. However, traditional thinking can become an issue when it hinders new solutions from breaking through.
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!
Despite the COVID-19 Pandemic becoming less severe, remote work only seems to be trending upwards. The reality is that the Pandemic might simply have been a catalyst for greater interest and trend among workers. Here are some insights our research uncovered.
This is a “big ideas” episode, part of our goal to bring out “big ambitious ideas about the future” as well as day to day concerns about ALSPs and legal services. Law professor Orly Lobel talks with host Mike Madison about her new book, The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future , recently named one of the best books of 2022 by The Economist magazine.
Many legal firms have a very traditional company culture. Since legal consulting is a profession with long lasting traditions, having a culture that is shaped by a sense for responsibility is good. However, traditional thinking can become an issue when it hinders new solutions from breaking through.
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
Here is the latest faculty scholarship appearing in the University of Wisconsin Law School Legal Studies Research Papers series found on SSRN. “The Tax-Invisible Labor Problem: Care, Work, Kinship, and Income Security Programs in the IRC” 102 B.U. L. Rev. (2022, forthcoming) by NYAMAGAGA GONDWE , UW Law School Since the mid-1990s, American financial assistance programs have increasingly shifted to require evidence of labor market participation as a criteria for eligibility.
On December 9th, 2022, Eric Dinallo and Marshal Bozzo of Debevoise’s Insurance Regulatory Group were joined by Avi Gesser and Anna Gressel of the firm’s Data Strategy and Security Group to discuss the latest developments on AI insurance regulation in Colorado. This was the latest installment in Debevoise’s series of webcasts focused on developments affecting the insurance industry, and included: Key takeaways from the Colorado Insurance Division’s September and December stakeholder
Privacy and cybersecurity 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 online security, often without our situational awareness.
Traditional communication has been, and in some cases still is, by email. This not only poses security risks, but is also not very efficient for both sides. Over time, there are more and more alternative communication channels on the market.
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.
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