• Important: According to this article from Law360, “general counsel are diverting work away from the large law firms they have used for generations and are instead handling matters internally via new technologies, staffing models and processes that have hit the market.” This is in no small way related to “a nearly sixfold increase in patents filed globally that cover new legal-services technology.”

 

  • Another law firm has announced an AI provider/partner. This time it’s Baker Donelson engaging Kira to conduct due diligence for transactions as well as for contract review and analysis.

 

  • Earlier this week I mentioned that Aragon Research named Seal Software a key provider in the emerging Intelligent Content Analytics market. Yesterday, Seal announced an upgrade to their contracts discovery and analytics platform.

 

  • And LawGeex has upgraded to version 4.0 of their AI contracts system.

 

  • Above the Law published this article arguing that general AI is a long way off, but AI has some useful niche applications in legal work now.

 

  • China’s first group of 120 graduate students majoring in AI just began their studies at Beihang University. They will receive joint training from both the university and AI-related companies. According to the university, 30 percent of the teachers are leading industry experts, and another 30 percent are renowned scholars. Over 90 percent of the teachers have overseas work or education experience related to AI.