• From Mayer Brown, this 24-minute video presentation: Staying Ahead of AI with Rebecca Eisner. It’s a discussion of AI generally, followed by the implications for “technology lawyers.”

 

  • Ed White of Clarivate Analytics prepared this piece: Artificial intelligence and the future of the patent system. He outlines three major changes to the patent world and concludes: “These issues taken together challenge the utility of the patent system. If not addressed, they could potentially devalue it and lead to decline in its use.  There is simply way too much data for a human to read, analyse and understand.  It is clear we need help.  Step up artificial intelligence (AI).” He then gives a basic explanation AI and how it can help address these issues.

 

 

  • This post (AI crucial to value-based care, but security challenges and time constraints remain) from Healthcare IT News includes an interview with Buchanan Ingersoll’s Pam Hepp. “AI can be beneficial because it incorporates predictive outcomes coupled with decision-making tools, but providers need to be willing to adopt and use such technology, and that is often a difficult ‘sell’ for many practitioners….” She goes on to discuss some of the issues inherent in these applications of AI and big data generally.

 

  • Naughty lawyers: “The Securities and Exchange Commission (SEC) has obtained final judgments against attorney T.J. Jesky and his law firm’s business affairs manager, Mark F. DeStefano pertaining to the illegal sales of UBI Blockchain stock. Both Jesky and DeStefano profited.” …”the SEC says the pair made approximately $1.4 million by selling shares in UBI Blockchain Internet during a 10-day period from Dec. 26, 2017 to Jan. 5, 2018. The sales halted when the SEC stepped in and temporarily suspended trading in UBI Blockchain.” Coverage here.

 

  • From Artificial Lawyer, the second best news for Kira this week (the first, of course, being the addition of Allison Nussbaum to their team!): Allen & Overy Formally Adopts Kira Systems for AI Doc Review.

 

  • Also from Artificial Lawyer, this post by Victoria Duxbury, Associate Director, Knowledge Development Lawyer at Bryan Cave: AI Contract Review is for Life Not Just for (the Pre-) Christmas (Rush). It’s an interesting discussion of moving from the fundamentals of contracts with systems such as those from iManage/RAVN and Kira Systems to a “move away from traditional, static Word-based products to live reporting will offer us all greater visibility, more fluidity and an opportunity to truly collaborate: what’s not to like about that all year round?”

 

  • Here (audio and transcript), Ari Kaplan interviews Emily Foges, the CEO of Luminance, re AI and the law firm of 2030. She discusses Luminance’s offerings, obstacles to adoption and then moves on to her predictions for 2030. “I think it is going to be a really exciting place full of bright, enthusiastic, interesting lawyers who have been freed up from the shackles of all of this tedious, repetitive work that increasingly young lawyers have to deal with now and are really applying their minds to really creatively solving problems on behalf of their clients and adding huge amounts of value to their clients.”

 

  • Fasken will elaborate in an extended version of this, and next month’s bulletins will be published in the August 2018 issue of DRI’s For The Defense. For now, here’sPart 1: Could Artificial Intelligence be Considered an Inventor? (Spoiler alert! Short answer: “maybe.”)

 

  • This, by Kayla Matthews, is a fascinating read with several legal implications: How Blockchain Technology Could Help Prevent Medical Fraud. “Health-related fraud affects people at every level of the industry, whether they are the people receiving care or those giving it. Even though some of the possible solutions outlined here haven’t been widely used yet, they demonstrate why blockchain technology could turn into such a reliable tool for making medical fraud cases less abundant and costly.”

 

  • Thomson Reuters just posted this fun and informative infographic. 7 Things Legal Professionals Need to Know About AI. (There’s a link to a white paper on the subject.)