Legal Technology

Gauging the net worth

By Mark Goddard | January 21, 2009

There is a tendency to talk up the career benefits of online social networking. In this parallel universe, anyone serious about getting on in life has hundreds of career-enhancing Facebook contacts who they regale daily with tales from their carefully-tended blogs. This, supposedly, generates waves of business opportunities, coupled with many wonderful nights out, as boundaries between business and pleasure blur. The tech-savvy associate then completes their triumphant march to partnership with an ease unimaginable in the pre-internet age.This doesn't actually happen, right? While lawyers have been among the most enthusiastic social users of online networking - as illustrated by Allen & Overy's much-mocked ban in 2007 on staff using Facebook - it remains a rarity for the profession to use such tools to further their career.

1 minute read

Confidence in IT teams takes a hit

By Mark Goddard | January 21, 2009

As belt-tightening across the legal profession notches up another level it is not surprising that IT departments have joined the list of casualties as a result of cutbacks.Legal Week Intelligence's fourth annual Information Technology Survey shows lawyers' confidence in their IT departments dipping for the third successive year, with just 11 of the 42 different categories seeing improved grades this year. At the report's launch earlier this month, delegates lucky enough to have signed off systems upgrades in last year's budgets breathed a sigh of relief as they listened to their counterparts' problems after orders to reign in costs for the foreseeable future. While the general sentiment was that projects that would lead to rapid, demonstrable cost savings would still get signed off, the majority of equipment and software upgrades were likely to be put on hold.

1 minute read

Online advertising: Getting the balance of privacy right

By Mark Goddard | January 14, 2009

Online advertising comes in many guises: ads on search engine results pages, banner ads and email marketing, including spam, to name a few. For most people advertising is part and parcel of their online experience: sometimes useful, sometimes irritating, but perhaps most often ignored. However, there have been significant developments in online advertising recently which are causing debate among privacy professionals - particularly relating to behavioural or personalised internet advertising. Should those of us who are concerned about privacy really be cautious about embracing these new technologies?

1 minute read

Legaltech News

Data Privacy & Cybersecurity, Vendor: TerraTrue

By Stephanie Wilkins | May 11, 2023

"As the world's privacy laws become more complex and more fragmented, and as companies are looking to collect more data ... legal innovation must enable collaboration across teams, and inject a single source of truth, in a manner that doesn't disrupt normal workflow," says Chris Handman, Co-Founder and COO of TerraTrue.

5 minute read

Legaltech News

CLM Provider Icertis Launches ExploreAI, a Generative AI Contract Intelligence Tool

By Rhys Dipshan | May 11, 2023

Via a chat interface, ExploreAI allows users to extract insights from their contract data, summarize and translate contracts into different languages, and monitor contracts for certain obligations, among other tasks.

2 minute read

Daily Report Online

Troutman Pepper's New Task Force Sees AI Benefits for Both Clients and Firm

By Thomas Spigolon | May 11, 2023

The task force will study "the risks and benefits for both our own delivery of services as well as advising our clients of the use of the newer iteration of AI," partner Alison Grounds said.

3 minute read

Legaltech News

Innovations in Diversity and Inclusion, Law Firm: Nixon Peabody

By Stephanie Wilkins | May 11, 2023

When it comes to improving DEI, "The real substance and sincere commitment must come first, so that the technology is in service to a real purpose, rather than 'driving' the effort," says Lisa Kirby, Chief Equity & Inclusion Officer at Diversity Lab.

8 minute read

Corporate Counsel

Showdown at the Not-OK Privacy Corral: Corporate Risk Reduction in the New Wild West

By Dan Panitz and Jerry McIver | May 11, 2023

Privacy laws and enforcement are causing big changes to global commerce and have now arrived at our doorstep. The million dollar questions are how this will affect our businesses and what, if anything, do we need to do about it?

6 minute read

Legaltech News

LEDES Announces Updated E-Billing XML Standards, New UTBMS Patent Prosecution Codes

By Rhys Dipshan | May 11, 2023

The new XML format standards look to be more versatile and better account for the use of different currencies in e-billing, while the new Patent Prosecution Codes aim to be "more practical and internationally relevant."

3 minute read

The Legal Intelligencer

This New Pennsylvania Bar President Aims to Foster Tech-Savvy Lawyers

By Aleeza Furman | May 11, 2023

"Our very livelihood and the advice and the advocacy we give is being challenged in a really fundamental way," incoming Pennsylvania Bar Association president Michael McDonald said.

3 minute read

Daily Report Online

'It Can Be Trained on Case Law': How a Lawyer Is Using Generative AI Inspired by ChatGPT

By Cedra Mayfield | May 11, 2023

Attorney Matt Q. Wetherington uses the technology to field incoming prospective client calls, for document creation and summarization tasks. He also thinks GPT could revolutionize depositions.

5 minute read

Legaltech News

Legal Tech and Operations Firms Join Forces to Target France's In-House Market

By Jack Womack | May 11, 2023

The Anglo-French partnership comes amid increasing demand from in-house teams for legal technology.

2 minute read

Legaltech News

Luminance Rolls Out Generative AI-Powered Chatbot 'Ask Lumi' for Corporate Customers

By Isha Marathe | May 10, 2023

The AI-powered chatbot is trained on a limited set of data that Luminance has collected over its years of drafting contracts.

4 minute read