• 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.
  • A cheery way to start the day (NOT!): Future elections may be swayed by intelligent, weaponized chatbots. This post does not have a happy ending. “Bots versed in human language remain outliers for now. It still requires substantial expertise, computing power, and training data to equip bots with state-of-the-art language-processing algorithms. But it’s not out of reach. Since 2010 political parties and governments have spent more than half a billion dollars on social-­media manipulation, turning it into a highly professionalized and well-funded sector.”

 

  • To lighten things up a bit after that, here’s proof that an artificial intelligence can indeed be a lawyer.

 

  • I’ve posted it before, and I’m sure I’ll post it again; one of the biggest challenges facing AI is the degree to which technology advances are outpacing legislation/regulation. Here’s a good discussion of the issue as manifested in autonomous vehicles. “The legislation surrounding driverless cars is lagging so far behind the technology involved that the industry is unlikely to see a regulatory framework in place any time soon says leading international business, finance and taxation consultancy BDO. And IEEE, “the world’s largest technical professional organisation dedicated to advancing technology for the benefit of humanity” can only see problems ahead as the politicians fall further and further behind.”

 

  • “Data protection” legislation seems to be the ‘in’ thing these days, and now India is getting involved. Here’s their Personal Data Protection Bill, 2018 – An overview with brief analysis. It’s a thorough review and analysis by Manas Ingle and Anuj Maharana.

 

  • Speaking of ‘data protection’, 29 bipartisan state Attorneys General respond to FTC’s consumer protection hearing announcement. “The letter emphasizes the states’ ‘long history of protecting consumers from unfair and deceptive practices’ under each state’s consumer protection authority and offers specific comment on three areas of the FTC request: (i) privacy and big data; (ii) communication and media technology; and (iii) algorithmic decision tools and other artificial intelligence.” The post is from Buckley Sandler.

 

  • Here’s a bit more from last week’s ILTACON 2018, Joe Patrice, senior editor at Above the Law reports that “(t)his year, the tech market seems to be maturing. Terms like “open architecture” and “API” kept getting tossed around as positive elements of the sales pitch. It’s now cool to admit that your company can’t be all things to all people, but that your product can play well with others to give the customer the solution they want.”

 

  • From Bob Ambrogi, here’s his take on some of the more interesting products rolled out at the conference. Roundup of Company and Product News from ILTACON, Part 1.

 

  • When VC Meets JD: Venture capital is getting in on the law game. Will Wall Street follow? “It’s been a sizzling couple of months in the legal technology world. Hundreds of millions of dollars have poured into legal tech startups since May, and the pace will likely only increase over the coming years.” Fennemore Craig’s James Goodnow predicts, “(t)he cloistered, genteel profession of the past is long gone, and an investment revolution would render the market even less recognizable than it already is.”

 

Blockchain

  • Calling All Lawyers: The Blockchain Opportunities Are Waiting. “In today’s business world, there is a group of ‘next generation’ technologies that are going to revolutionize the way we live, think, interact and conduct business. And blockchain technology is leading the way. Blockchain is one of the fastest growing areas whose digital foundation is serving as the springboard for a plethora of applications that use it such as smart contracts, bitcoin. These new applications target a diverse set of tangible, intangible and digital assets in our culture and are creating increasing opportunities for lawyers.” Details here.

 

  • Quantum Computing as Bigger Concern for Lawyers than Blockchain. “Blockchain—online distributed ledgers that use cryptography to record and verify every transaction—could make the legal oversight needed to oversee contracts and collect intellectual property superfluous. But the technology is still years from becoming a standard. Taking a longer view, it is also merely a stop-gap solution until quantum computing takes hold.” By “quantum computing” the author (Monica Zent) refers to AI much more powerful than what we have today as a result of the enormous processing power promised by quantum computing. This is a compelling argument.