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

How GenAI will help GCs drive faster deal cycles

In this and other ways, the technology is refashioning in-house legal leaders into strategic business enablers, consultants say.  

By Robert Freedman • May 20, 2024

How legal teams are mastering AI

By focusing first on automating high-volume tasks, attorneys and other legal staff become comfortable using the new tools from the ground up.

By Pam Salling • May 15, 2024

3 practical business applications for AI in corporate legal

Legal bill review, spend management and matter management are ways that in-house legal teams can use AI in their operations today. 

By Jeffrey Solomon • May 7, 2024

AI in litigation: Questions to ask your outside counsel

Outside counsel should be prepared to show metrics on how their use of AI tools improves accuracy and speed on the litigation matters they handle for their corporate clients. 

By Pamela Salling • May 3, 2024

From hype to implementation: Tracking GenAI’s impact on the practice of law

Legal departments are developing guidelines to ensure standards around safety, accountability, privacy, scientific practice and business are upheld as AI moves into the mainstream.

By Katie DeBord • April 18, 2024

In-house teams lack technology and privacy expertise, GCs say

A shortage of in-house personnel specializing in emerging issues such as AI may cause more legal departments to seek outside flexible talent, Axiom’s general counsel says.

By Lyle Moran • April 10, 2024

Lawyers should disclose AI use: NY bar

They’re also told to get familiar with AI. If it can help them work better, they should consider using it to ensure their work is as competent as possible.

By Robert Freedman • April 8, 2024

Azure OpenAI Service has confidentiality loophole, Legaltech News reports

A contract provision gives Microsoft the right to retain and have its employees review certain prompts, creating a problem for law firms and companies trying to protect sensitive information.

By Robert Freedman • March 21, 2024

16 states have AI laws, most of them to curb profiling

Half of all states have AI laws under consideration, with profiling the biggest concern, a compilation shows.

By Robert Freedman • March 20, 2024

When you choose a language model, remember that size isn’t everything

While expensive models have their merits, success with LLMs in the business environment hinges much more on matching a model's capabilities with the specific requirements of the task.

By Dawid Robert Kotur and Nick Long • March 14, 2024

Legal teams can expect 15% ROI from e-billing tool

The savings come from law firms having to meet billing guidelines to get their invoices through the automated system and better use of in-house staff time, Thomson Reuters reps say.

By Robert Freedman • March 14, 2024

Alternative legal services provider Proxiio launches US operations

The company headquartered in India specializes in managed review, litigation and investigation services, including e-discovery and compliance management.

By Lyle Moran • March 13, 2024

Legal professionals desire more expertise about GenAI, survey finds

A majority of surveyed in-house and law firm professionals also expressed interest in using generative AI to gain better insights from data, Consilio reported.

By Lyle Moran • March 12, 2024

Wolters Kluwer releases AI-powered contract querying tool

The company said its AI upgrades in Legisway will also integrate into the recently launched legal services portal.

By Lyle Moran • March 11, 2024

Maintaining HIPAA compliance when using protected information in litigation

A data governance and discovery plan can thread the needle between required legal discovery and HIPAA compliance. 

By Shannon Smith • March 6, 2024

LegalOn Technologies releases contract editing tool featuring GPT

The software will assist in-house legal professionals with quickly reviewing various types of contracts and will enable them to collaborate with colleagues, the company said.

By Lyle Moran • March 1, 2024

‘Maverick’ SaaS spending by workers can waste millions: Vertice

A company with more than 2,000 employees wasted, on average, as much as $4.3 million on underutilized SaaS licenses in 2023.

By Alexei Alexis • Feb. 22, 2024

Legal teams advised to deploy GenAI in ways that benefit the business

Regulatory compliance and contracting are two areas where legal’s use of generative AI could improve collaboration with other functions, an EY legal tech leader said.

By Lyle Moran • Feb. 21, 2024

How generative AI could alter the staffing mix in legal departments

The emerging tech will result in more data-focused hires and lawyers becoming a minority on in-house legal teams, a KPMG global leader predicts.

By Lyle Moran • Feb. 20, 2024

DOJ plans to up penalties for misconduct involving AI

The agency has launched a six-month initiative to assess how the technology impacts its work, but in the meantime it’s treating it like a stepped-up threat. 

By Robert Freedman • Feb. 16, 2024

Leading general counsel team up to support generative AI adoption

A collaboration spearheaded by Factor includes participation from executives at companies such as Microsoft, Intel, Adobe and Ford.

By Lyle Moran • Feb. 16, 2024