• Legalweek (formerly Legaltech) is just a few days away, so here’sA Beginner’s Guide To The Biggest Week In Legal Technology.

 

  • Data & Analytics: Transforming Law Firms” has just been published by ALM Intelligence and LexisNexis. Here’s an executive summary and link to the report.

 

  • Here’s a fresh essay about law firm innovation from  of Thomson Reuters Legal Managed ServicesGreasing The Gears Of Legal Commerce — Automatic, Systematic, Hydromatic (alt.legal) Innovation. “CLOs indicated that nearly 25 percent of outside counsel fees are “price-insensitive.”

 

  • The Big 4 continue their relentless march into legal. I skip most of these posts, but this one specifically mentions AI: KPMG expands Asia Pacific legal services. “It will also offer technology enabled legal services, using robotics, artificial intelligence and other technologies developed globally and in China through the KPMG digital ignition centre.”

 

  • This is an interesting post by Charles P. Edwards of Barnes & Thornburg: The Noisy Business of the Law and Insurance Claims. “…(T)he idea we humans are needed for most decisions is an ‘illusion.'”

 

  • Here’s a good example of a law firm (Amsterdam’s De Brauw) using tech as a differentiating marketing strategyHop on board and experience the value of legal tech and project management.

 

  • Bob Ambrogi posted this 47-minute podcast: LawNext Episode 25: Using AI to Enhance Virtual Receptionists, with Smith.ai.

 

  • From Arup Das of Alphaserve Technologies, here’s an interesting discussion of the age-old build vs. buy conundrum: How to Approach Legal Innovation: Options for Every Firm.

 

  • This is a thought-provoking post: Can Deepfakes Pose a Cybersecurity Threat to Legal? ““Deepfakes are real and emerging as an issue but they, like certain types of technology, could emerge very quickly; we talk about this today and it could be a very big deal in six months or it could be nothing,” Reed Smith’s Stegmaier cautioned. “We simply don’t know.””

 

  • This hour-long podcast is from the Lawyerist: “In this episode with Natalie Worsfold, we talk about her law firm’s approach to law practice, and why more firms aren’t following suit. We start by asking Natalie what problem Counter Tax was trying to solve, then explore how they solved it, what their solution does now, and the plans they have to evolve and grow their solution.”

 

  • This is an idea I have been kicking around for a while. Nick Hilborne gives it the thought I believe it’s due: “Reproduction of the legal profession” at risk from automation. “If junior associates are ‘gradually culled’ from law firms as a result of automation, the entire reproduction of the legal profession could be jeopardised….'” And here’s a US write up of the same issue: Junior Lawyers Are Going Extinct And Nobody Knows What To Do About It.

 

  • AI Goes to Court: A Conversation With Lex Machina and Dorsey & Whitney. Post here.

 

From Artificial Lawyer:

  • The Benefits of the LexisNexis LegalTech Accelerator. Post here.
  • EY and Artificial Lawyer Hold Legal Ops + Technology Event.  Post here.
  • Slaughter and May Names 3rd Fast Forward Cohort, Inc. Blockchain Co. Post here.
  • Meet ATJ Bot – The World’s First Legal Aid Voice Assistant. Post here.
  • How to Build Your Business Case For Contract Management – The Juro Guide. Post here.
  • Oz + NZ Professional Services Startup of the Year Award Launched. Post here.
  • Legal AI Co. CourtQuant Predicts Hard Brexit Impact on British Law. Post here.
  • Christian Lang + Former TR Boss, Tom Glocer, Join Reynen Court. Post here.
  • GCs Keen To Embrace Tech Tools + Legal Ops Skills – Survey. Post here. (Note: This story is based on a survey where n=80. Assuming no other methodological problems [big assumption!], this means that in all of the findings each number is well within the margin of sampling error of the statistics above and below it on the graphs.)
  • Meet Fincap Law: A New Tech-Driven Firm For the New Legal Era. Post here.

 

Posts by Law Firms:

 

 

 

 

 

  • Eric A. Klein and Aytan Dahukey of Sheppard Mullin posted: Day 2 Notes From The 2019 JPMorgan Healthcare Conference. “We are seeing a lot of healthcare entities starting to focus on precision medicine – artificial intelligence suggesting which oncology drug works best for your specific genetic condition and cancer – but that essentially is a transactional function. And the market really wants a partnering function ” Post here.

 

 

 

  • From Reed SmithDraft ethics guidelines for trustworthy artificial intelligence published by the European Commission. Post here.

 

 

  • Akin Gump postedPolicymakers Focused on Artificial Intelligence, Write Akin Gump Lawyers in The Journal of Robotics, Artificial Intelligence & Law.

 

  • Hogan Lovells postedLitigating intellectual property issues: The impact of AI and machine learning.

 

Press Releases and sponsored posts:

  • Here’s a thorough explanation of Gavelytics: Want Better Litigation Outcomes? Know Your Judges. “…(W)ith Gavelytics, you finally get the quantifiable and reliable judge information you need to customize your litigation strategy and increase your chances of winning.”

 

 

  • Gibson Dunn launches AI and automated systems group. Post here.

 

  • The world’s first virtual lawyer, built for Amazon’s Alexa, tests whether lawyers will be replaced by robots. “Australian legal-technology company Smarter Drafter have announced a prototype virtual lawyer, built on Amazon’s Alexa, that creates legal.” documents instantly, just like a real human lawyer. Here’s the Smart Drafter release. Hype much?? And then there’s this: “No date has been set for the release of the first working Alexa integration.”

 

  • HaystackID Acquires eDiscovery Managed Services Provider eTERA, Release here.

 

  • Legal IT Newswire New Product News… Alphaserve Technologies launch Execution as a Service. Post here.

 

  • I’m including this because I used to work there! Am Law 200 Firm Lewis Roca Rothgerber Christie Selects Litera Desktop, Litera Microsystems Full Document Drafting Suite.

 

Blockchain

 

 

 

 

  • From the Baker & Hostetler Energy BlogNew Blockchain Products, an FBI Raid, the $11 Billion Bitcoin Case, Hackers Strike With a 51 Percent Attack and Crypto Tax Analysis. Post here.

 

 

  • Here’s a deep dive into the legal services offered by Oath ProtocolThe Lay of the Land in Blockchain Dispute Resolution and Governance Designs.
  • Congrats to Artificial Lawyer for turning two today (that’s about 100 in AI years!). From AL today:

Case Crunch Team Splits Up, CourtQuant is Born. “Simply put, it looks at old cases and predicts how new cases will likely perform based on models developed from patterns in the old cases.” Details here.

This sponsored content from Leverton describes their product, “an AI-powered data extraction platform, that applies deep learning/machine learning technology to extract and structure data from real estate leases, financial, insurance, and more corporate documents in 30 languages.”

Solomonic is described here. It’s a “new legal tech company provides lawyers with the ability to make data-led predictions on commercial and tax-related disputes by tapping previous case information to give a steer on possible outcomes for a new, similar case.”

 

  • For those new to legal AI, this post from Law.com is a good, brief introduction to what law firms are up to. Looking Beyond Document Review, Legal Is Branching Out With Artificial Intelligence.

 

  • The subject of this press release doesn’t sound like AI per se, but it’s Big Data (for a law firm). “EffortlessLegal LLC, a Chicago-based tech company bringing advanced automation and machine-learning products to the legal space, introduced today the launch of EffortlessIntake, a cloud-based product designed to automate a law firm’s intake process.”

 

  • Citing Allen & Overy as an example, this post from HBR (A 5-Part Process for Using Technology to Improve Your Talent Management) presents several useful prerequisites for successful adoption of data-driven tech in talent management.

 

  • Here’s a very useful guide to “litigation analytics”, including five types of these analyses and overviews of the leading vendors in the space. “The recent maturation of the foundational technologies needed to support machine learning have made advanced data analytics and sophisticated language processing possible on a scale never before seen. Using these tools, massive amounts of data can be sifted through, organized and analyzed in mere seconds.”

– On a related note, “Litigation outcome prediction has taken a further step into the mainstream with a partnership between a major litigation law firm and a start-up that presents lawyers with data on how judges have ruled in the past. Solomonic, which specialises in data science and litigation analytics, is scheduled for commercial launch in the autumn.” (Also, see post above re Solomonic.)

 

  • Wolters Kluwer’s Dean Sonderegger prepared this post discussing where legal technologies stands on the diffusion/adoption curve. Spoiler alert: he thinks we’re pretty far along.

 

  • Here’s the next installment of Thomas Fox’s AI, Compliance & the Value of Collaboration: Part III — AI Driving Compliance Process. “It is through this business process improvement that AI will help to drive greater business efficiency and, at the end of the day, greater corporate profitability.”

 

  • New York Law School “will launch its Business of Law Institute in fall 2018.” Courses and programs will include “Upper-level seminars on Compliance and Bank Regulatory Matters, Smart Contracting and Artificial Intelligence, and Cybersecurity and Risk Management taught by outside experts in these fields.” More discussion here.

 

  • This half hour from Law Practice Advisory Podcast (Artificial Intelligence: Just Plain Smart Marketing) is largely speculative regarding legal marketing.

 

  • From K&L Gates’ Jonathan LawrenceUK Law Commission: Smart Contract Research. “The aim is for smart contracts to be relied upon even in the absence of trust between the parties concerned. This is because they facilitate a complete symmetry of information, and a completely transparent process.”

 

  • Valerie Kenyon of Hogan Lovells posted this piece, The connected home: From smart fish tanks to connected kitchen appliances, product companies must navigate GDPR and Product Liability Directive compliance, cyber risk, and other IoT challenges. 

 

  • Foley’s Peter Vogel posted this very brief post to their “Internet, IT & E-discovery” blog. Do you like the idea that Facebook is increasing the use of Artificial Intelligence (AI)?

 

  • Here’s a wake-up call re China’s AI ambitions. China’s AI focus will leave US in the dust, says top university professor.

 

Blockchain

  • BigLaw firms are working together to influence how blockchain technology will operate in the future. This post describes several such groups.

 

  • Singapore Airlines has launched a Blockchain-based airline loyalty digital wallet developed in collaboration with Microsoft and KPMG Digital Village.