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Thomson Reuters Spins Off Elite As Independent Company Now Owned By Asset Manager TPG

Above the Law - Technology

Following news earlier today of the merger of Fastcase and vLex , now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global asset management firm, making Elite a standalone legal technology business.

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Four Best Practices for Evaluating Legal AI Solutions

Law Technology Today

Leveraging AI-enabled technology solutions can help corporate legal teams and their organizations generate boundless efficiencies and new insights into their existing business practices. AI continues to capture the imagination of the legal industry – as well it should.

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LTRC Roundtable Discussion: ChatGPT

Law Technology Today

RT: I’ve used it to help me write an upcoming Future Proofing column in Law Practice magazine. I asked ChatGPT if lawyers were required to be competent with their technology and it replied (initially) that lawyers had no duty of technical competence under U.S. If you haven’t tried ChatGPT (or other similar technologies) yet, why not?