Legal Technology: Page 3
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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 -
Sponsored by Relativity
The forward-thinking GC: Growing an in-house career with AI know-how
If artificial intelligence can detect red flags for cancer on brain scans and manage air traffic, can it help in-house legal teams manage contract reviews and redact privileged information from a data set?
Feb. 12, 2024 -
Opinion
Using design thinking to improve legal operations processes
In design thinking, organizations put themselves in their users’ minds to create innovative solutions that meet their customers’ needs and expectations.
By Jared Hostmeyer • Feb. 9, 2024 -
Nearly 70% of law firm professionals use legal analytics
An expectation from clients that law firms use analytics tools is helping drive adoption, a LexisNexis and Lex Machina report found.
By Lyle Moran • Feb. 7, 2024 -
CLM as the next Salesforce or NetSuite not far off, CEO says
The legal ops team, key to integrating tech with the broader organization, still faces growing pains from the cultural legacy lawyers bring to their in-house role.
By Robert Freedman • Feb. 7, 2024 -
ESI protocols are key to discovery – even if they’re informal
Handling of electronically stored information has factored into a number of recent cases, with big lessons for in-house legal operations.
By Robert Freedman • Feb. 1, 2024 -
Tech roundup: Companies announce new legal tools early in 2024
Amid a push for greater legal department efficiency, many technology companies are offering new AI-powered solutions.
By Lyle Moran • Feb. 1, 2024 -
75% of legal chiefs plan to implement generative AI tools, survey finds
Roughly two-thirds of GCs said they were comfortable with the use of AI for compliance monitoring, including 52% who said they were “very” or “extremely” comfortable.
By Lyle Moran • Jan. 31, 2024 -
42% of legal teams face cost-cutting mandates, ACC survey finds
One way many legal departments are aiming to reduce spending is by improving the efficiency of their operations.
By Lyle Moran • Jan. 30, 2024 -
2024 in-house legal outlook series: GCs, CLOs ready for hard decisions
Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.
By Lyle Moran and Robert Freedman • Jan. 29, 2024 -
Opinion
5 focus areas to improve contracting
Whether you implement contract lifecycle management software or take your existing process to the next level, the rigor of your legwork will impact the ROI you extract from your contracts.
By Sailaja Meesaraganda • Jan. 25, 2024 -
Legal teams to test AI promises with use cases in 2024
If 2023 was the year legal leaders began to think about deploying AI in their operations, 2024 will be the year they try to convert the technology’s promise into tools with measurable results.
By Robert Freedman • Jan. 22, 2024 -
Opinion
Five takeaways for chief legal officers from Biden’s executive order on AI
Staying informed, proactive and adaptable will allow in-house legal teams to more easily navigate the complex landscape and harness the power of AI responsibly and effectively.
By Eric Gorman, Jill Fukunaga and Jeff Isaacs • Jan. 19, 2024 -
Opinion
A CLO’s GenAI prediction: We’ll lean into it — and our humanity
A human-centric, converged approach to harnessing new technology is what will truly make 2024 in-house counsel’s time to shine.
By Shana Simmons • Jan. 18, 2024 -
How sales perceives legal’s speed on contracts
31% of sales professionals say contract review reduces deal velocity and 24% say contract review isn’t necessary because an agreement is simple.
By Lyle Moran • Jan. 17, 2024 -
Opinion
6 AI tips for first-time adopters
Companies adopting AI for the first time must be ready to do it responsibly and in a way that can deliver real business value, writes Hero Digital’s Arun Kumar.
By Arun Kumar • Jan. 16, 2024 -
Opinion
How to avoid regulatory risk for ‘AI washing’
Federal agencies are prepared to call out companies whose AI claims don’t pass muster.
By Lena Kempe • Jan. 12, 2024 -
Legal use of GenAI tools is massively error-prone, Stanford researchers say
A deep look at how large language models perform suggests the technology is far from ready for widespread use by lawyers without close supervision.
By Robert Freedman • Jan. 12, 2024 -
Opinion
Exploring the potential impact of generative AI on legal operations
Before legal ops professionals can participate in serious assessment of AI solutions and tools, they must first understand the nuances between different forms of AI.
By Meredith Brown and Brandon Lee • Jan. 11, 2024 -
Deep Dive
6 in-house legal trends to watch in 2024
AI, labor, antitrust, bankruptcies, women GCs and cross-collaboration are among the headlines in-house counsel can expect this year.
By Lyle Moran and Robert Freedman • Jan. 9, 2024 -
How AI can help counsel sharpen their instincts
Until it matures, the best use of the technology is to help attorneys do quick analyses that can be refined later, the innovation officer at a tech-focused law firm says.
By Robert Freedman • Jan. 4, 2024 -
How Liberty Mutual’s legal team is approaching AI
The insurance company’s legal department is testing use cases and received some ideas for using generative AI through a design challenge it sponsors for law students.
By Lyle Moran • Jan. 3, 2024 -
Opinion
Tips for understanding how regulators will monitor organizations’ AI use
As states, the federal government and the EU step up oversight of AI use, knowing how to use the new technology safely can protect your organization and help it stay compliant.
By Ryan Costello • Jan. 2, 2024 -
Opinion
How to fully leverage AI in your legal department
Budgeting, invoicing and other key in-house legal responsibilities can be improved through AI’s ability to pull actionable intelligence from large amounts of data.
By Jeffrey Solomon • Dec. 21, 2023 -
Opinion
Using ChatGPT to empower in-house counsel
Corporate legal leaders can turn risk into reward by encouraging in-house staff to experiment with generative AI – as long as there are guardrails in place to ensure they don’t veer off into trouble.
By Seth Price • Dec. 15, 2023