By Jack Shepherd, Senior Principal Business Consultant, iManage Focusing on gen AI return on investment It has been two years since the world became enamoured with ChatGPT and generative AI. Since then, the focus on law firms and legal teams exploring the impact of AI has been
Artificial intelligence (“AI”) tends to be spoken about in terms of risk creation – from hallucinations in the results to concerns of data misuse – but is there another side of the story? While this is a complicated and multifaceted issue, AI, when used responsibly
Law firms are prime candidates for cyber attacks because of the highly sensitive data they deal with, in addition to high-value financial transactions. Three in four law firms have been the victim of a cyber attack,[1] whereas only 39% of UK businesses overall have experienced
Rapid adoption of GenAI is reshaping in-house legal careers; Training and upskilling are needed for a sea change in legal work. The Association of Corporate Counsel (ACC), in partnership with Everlaw, the cloud-native litigation and investigation platform, published a new report today highlighting GenAI’s transformative impact in corporate
Are we about to see legal systems be based on computer-based decisions, or will humans still part of justice? Rise of the machines…or not? Some may argue that the law is black and white, and that a computer can do it better than a human. They may
Clio, the global leader in legal technology, announced it has raised US $900 million, based on a US $3 billion valuation, in a Series F investment round led by New Enterprise Associates (NEA). The round also includes new partners Goldman Sachs Asset Management, Sixth Street
The pressing need for AI regulation in Brazil Artificial Intelligence (AI) is rapidly transforming various sectors in Brazil, from healthcare to finance, bringing significant advancements. However, these advancements also present risks and ethical dilemmas, such as biases in algorithms, privacy concerns, and job displacement. Within this
Grounded on LexisNexis’ vast legal research and practical guidance content, following a successful preview, Lexis+ AI is now commercially available in the UK, delivering fully encrypted, secure interactions with accurate results in seconds. LexisNexis® Legal & Professional, a leading global provider of legal information and analytics, today
AI use cases in the legal realm are starting to snowball – and that wasn’t necessarily a foregone conclusion just a few short years ago. Today, AI is moving into a growing number of tasks, both large and small. Ultimately, that’s good news for end
Tallinn's Port of Tallinn Cruise Terminal, a beacon of Estonia's dynamic spirit, recently served as the venue for the prestigious FutureLaw 2024 conference. This event, a hub for legal innovation, attracted a discerning audience of 400 from across the globe from around 40 countries, all
