Here’s CLOC’s latest research.

I have a few thoughts. It is an interesting report, but be careful. With 200+ participants, we can can have SOME faith in the generalizability of the findings, but with caveats.

Note that half of the participating companies not classified as “other” are either tech or financial services. If those aren’t

Earlier this week I attended Vanderbilt Law’s Summit on Law and Innovation (#SOLI2018). One of my favorite panels was “Leading Lawyers Without a License” featuring Waller’s Teresa Walker, Pillsbury’s Kathleen Pearson and Fenwick’s Camille Reynolds. Coverage from law.com here. Ms. Walker commented: “We’re dealing with people that are highly autonomous. We’re dealing with people

  • Finally! (And a bit late), AI news from CLOC: Maybe AI Can’t Do Everything, but Corporate Legal’s Still Trying to Adopt.
    “Legal operations directors from Walmart and Nationwide gave their artificial intelligence adoption strategies at the 2018 CLOC Conference.”
  • From Artificial Lawyer, an interesting essay by Alistair Wye, of iManage’s RAVN, The Challenge of

  • At the CLOC conference in London this Tuesday, opening speaker Richard Susskind remarked that AI’s “short-term predictions overstate the impact. However, in the long term, by the late 2020s or 2030s, it is hard to avoid the the conclusion that this isn’t going to replace fundamental parts of legal services.” Among his other provocative statements

  • Don’t miss this summary from Artificial Lawyer of CLOC’s London conference. It seems there was not a lot of completely fresh thinking presented, but the points smart folks have been making for a year were clearly and emphatically reiterated, and with CLOC’s clout behind them. The “demand-side” of our industry is taking control, and insisting

  • Eversheds Sutherland has issued a legal alert, “Legal Alert: Insurance Topics We Will Be Watching in 2018.” Among the targets, regulators “…focusing heavily on potential risks related to accelerated underwriting and the use of Big Data and Artificial Intelligence in insurance, including trying to determine how these issues fit into existing regulatory structures.”

 

  • Surveys of in-house legal departments recently released by CLOC (Corporate Legal Operations Consortium) and Altman Weil underscore the threat that alternative legal service providers (ALSPs, e.g., Axiom and Elevate) pose to traditional law firms. AI permeates the world of ALSPs and its influence is growing.
  • Above the Law is very excited about the idea