Legal Technology: Page 2
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Legal AI adoption needs specific use cases, trials and patience, expert panel says
Lawyers have realized that integrating AI into their work will be challenging, but a strategic approach to how the software is used can help.
By Justin Bachman • Sept. 5, 2024 -
Q&A
Clearbrief’s CEO on why legal tech buyers are suffering ‘a bit of fatigue’
The former litigator says most GenAI tools come without an industry focus and clear proof that they can meet the legal world’s functional needs.
By Justin Bachman • Aug. 30, 2024 -
Opinion
Mitigating legal risk while AI laws play catch-up
There are steps in-house counsel can take to help ensure their organization’s use of new technology doesn’t create liability under existing laws.
By Seth P. Berman • Aug. 30, 2024 -
What Hormel Foods learned from its contract management overhaul
For many years Excel spreadsheets and paper constituted contracting workflows at Hormel, which decided in 2023 to migrate to a CLM platform.
By Justin Bachman • Aug. 29, 2024 -
How some legal teams are saving money, keeping talent and integrating AI
Tighter budgets have made retaining in-house lawyers difficult but C-suite executives tend to be willing to fund efficiency-oriented AI tools, legal operations leaders say.
By Justin Bachman • Aug. 23, 2024 -
AI for Legal: 5 tips to help integrate these new tools
In-house legal departments adopting GenAI software must consider several issues around its value, senior leaders’ positions, data integrity and cultural changes.
By Justin Bachman • Aug. 15, 2024 -
Opinion
How IP attorneys can use AI to boost their careers
Both in-house attorneys and outside counsel have reason to embrace generative AI but its impact on their work will be different.
By Vincent Brault • Aug. 15, 2024 -
AI’s first serious foray into legal may be contract review
Contracting consumes plenty of time for lawyers, so AI’s first broad legal use may be in this area, a survey finds.
By Justin Bachman • Aug. 8, 2024 -
Company touts ‘point tool’ approach to self-serve contracts
Enabling business functions to create contracts in Slack and other workspaces helps increase buy-in, the head of a legal tech company says.
By Robert Freedman • Aug. 1, 2024 -
Opinion
Heading off bias in your AI-embedded employment tools
AI permeates more deeply in your HR decision-making toolkits than you might realize. Knowing how to correct for unintended bias can help from a risk management standpoint.
By Corey Gildart and Joe Knight • July 25, 2024 -
How big firms are trying to keep lawyers from burning out
Resource management efforts seek to match lawyers’ skills with legal matters and divide work more equitably, while treating career development as a crucial DEI element.
By Justin Bachman • July 24, 2024 -
Opinion
Future-proofing in-house legal workflows
Adopting the correct technologies can provide legal teams an opportunity to enhance their relationships with internal business partners.
By Lisa Mundrake • July 24, 2024 -
Legal tech firm Clio nabs $3 billion valuation with new funding
The $900 million injection is a record for cloud-based legal technology, and will enable global expansion, the software maker said.
By Justin Bachman • July 23, 2024 -
Even simple GenAI uses can create efficiencies, legal specialists say
For basic idea generation, ChatGPT can be useful to the extent its output gets the ball rolling on a matter that would otherwise have taken a lot of time.
By Robert Freedman • July 19, 2024 -
Companies turn to AI contract tools to reduce external risks
Executives often overlook the importance of shrewd third-party contracting when managing their risk profiles, according to a legal tech panel.
By Justin Bachman • July 18, 2024 -
How GCs can use data to demonstrate their teams’ value
Understanding your legal staff’s work patterns at a more detailed level can offer insights that help change perceptions of legal as purely a cost center.
By Justin Bachman • July 17, 2024 -
Gen AI and attorneys aren’t (yet) working well together, survey finds
Lawyers were the most dissatisfied with generative AI results among corporate work groups, according to a quarterly Bain survey.
By Justin Bachman • July 12, 2024 -
With Silicon Valley help, Leya carves an AI legal assistant niche outside the U.S.
The Sweden-based company is making a push into the Spanish-language legal landscape, where generative AI companies have less of a presence.
By Dylan Drury • July 12, 2024 -
Neutralizing the language barrier in international cases
In-house counsel can do front-end legal work on their own by leveraging tools that understand cultural nuances, a champion of one such tool says.
By Robert Freedman • July 10, 2024 -
Opinion
The DOJ shouldn’t re-write antitrust law out of AI fears
Congress and regulators are setting their sights on algorithm-implementing emerging AI technologies. It’s important to remember that it takes unlawful behavior, not tools, to violate antitrust laws.
By Shubha Ghosh • July 8, 2024 -
AI software use growing among in-house legal departments: report
Artificial intelligence remains a small newcomer in the legal tech toolbox but ‘dramatic growth’ is forecast, according to an in-house counsel survey.
By Justin Bachman • June 27, 2024 -
Sponsored by Introhive
The art of succession: How your law firm can leverage technology to foster future rainmakers and mitigate client risks
Is your firm ready for future leadership transitions? Explore strategies for a seamless succession.
June 17, 2024 -
Lawyers see AI helping them with relatively simple tasks for now
Most use of the technology is on the in-house side. Attorneys in law firms are more constrained, although they’re using it more, too, a survey shows.
By Robert Freedman • June 11, 2024 -
GenAI could transform legal operations, but may not lower costs, experts say
Legal operations professionals are optimistic, but operational, billing and disclosure protocols have yet to be resolved.
By Suman Bhattacharyya • May 31, 2024 -
Legal GenAI tools mislead 17% of time: Stanford study
Specialized legal applications are better than a general purpose tool like ChatGPT but whether they save time, given the oversight they need, is a question, an academic study says.
By Robert Freedman • May 24, 2024