• Lawyers Are Drowning in Data. What Can They Do About It? “The ‘Why Lawyers Are Adopting AI Faster Than You’ panel at this year’s Legalweek will examine at how firms can use AI to find the needle in some pretty big data haystacks.” Link.

 

 

 

  • Briefing: China looks to build ‘smart courts’ with AI. “A Shanghai court has adopted an artificial intelligence-enabled assistant to help improve courtroom efficiency and accuracy.” Post.

 

  • This software thinks like a lawyer—so you don’t have to pay one. “A Chicago law firm (Actuate Law) is rolling out a subsidiary that offers clients software designed to mimic their lawyer’s thinking—at a fraction of the price.” “….(I)ntelligent software that walks them through whether they have a legal obligation to report a data breach.” “Although Quointec has no outside funding so far, the partners created the new venture to allow for such investment in the future without violating professional regulations.Post.

 

  • LawNext Episode 26: Mark Cohen’s Strategies for the Global Legal Marketplace. “On this (hour-long) episode of LawNext, Cohen joins host Bob Ambrogi to talk about a range of topics. They discuss Clearspire and the lessons Cohen learned from that. They also talk about what Cohen sees as the “skills gap” in law and why it is that law schools and law firms are failing to address it. In the fact of a rapidly changing global legal economy, Cohen offers insights on how law firms should adapt.” Post.

 

  • From The Law Society GazetteAccountants winning in ‘rapidly expanding’ alternative legal services market. “So-called alternative legal service providers – including the Big Four accountants – are growing more quickly than previously predicted and moving up the value chain, research on both sides of the Atlantic reveals today. The new entrants, offering such services as litigation support, legal research and document review with the help of new technology now make up a $10bn (£7.6bn) a year market, the Thomson Reuters study found.”

 

  • Also from The Law Society Gazette: How legaltech can help you compete against larger firms. “Continuing the discussion on the evolution of the legaltech sector and how it could revolutionise the legal industry, Law Society partner and equity crowdfunding platform Seedrs explains how the rise of legaltech is closing the gap between large and small legal firms.” Post.

 

  • I thought the 2019 forecasts were behind us, but here’s an interesting report from CBInsightsArtificial Intelligence Trends. Lots of infographics.

 

  • This lawyer got a gig in Silicon Valley by promising to automate a lot of legal grunt work — now he’s got his own company. “Wouldn’t it be great if you could have associates who could code and automate their own jobs and would make the firm more efficient?” Post.

 

From Artificial Lawyer:

  • New York Bulletin: Data is Not the New Oil + LSBs Are Splitsville. Story here.

 

  • Pew: How Stanford + Suffolk Law Schools Are Improving NLP for A2J. Story here.

 

  • TR: ALSP Market Now $10 Billion-Plus, Law Firms Major Customers. Story here.

 

  • New York Bulletin – AI Workshop + Do We Need an FDA for Algorithms? Story here.

 

  • Australia Launches ALTACon Legal Tech Conference. Story here.

 

  • Legal AI – Its Definition and Its Value to the Legal World. Story here.

 

  • Global Insurer Allianz Launches Injury Claim Automation Tool. Story here.

 

  • ALM – Legal Market Will Split In Two + ALSPs Will Grow – NY Bulletin Extra. Story here.

 

Posts by Law Firms:

  • Alston & Bird: … Teams Up with Georgia State University on Data Analytics.Alston & Bird and Georgia State University have announced a joint effort to develop broad-based competency among the firm’s attorneys in leveraging data science and analytics to help drive new levels of client service and satisfaction.” Post.

 

  • Andrea PerronaceTechniques for Patenting Blockchain in Europe, the United States, China and Japan. Post.

 

  • Baker Donelson: 90-minute CLE video post: Analyzing the Impact of Artificial Intelligence in Legal. (5 ‘Micro-Presentations’.) Post. (Poor audio.)

 

 

 

 

 

  • Baker McKenzieThe Year Ahead – Innovation: A new generation of legal analysis tools is emerging. Post.

 

 

  • Dentons: Chloe A. SniderSmart Contract Series – Legal Implications For Consideration, Part 1: Definition And Enforceability. Post.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Press Releases, Posts and Articles by Vendors:

 

  • Clio releases new client management platform to ‘help lawyers ensure the future success of their business’. Post.

 

  • Allianz to use Artificial Intelligence to deliver a true end-to-end automated solution for Stage 3 injury claims. Post. — and — “Allianz Insurance has launched a new digital platform that uses artificial intelligence (AI) to enable its injury claims handlers to process Ministry of Justice Stage 3 claims at a single click of a button.” Story here.

 

  • Thomson Reuters: Introducing Litigation Analytics. “Unlock data-driven insights on judges, courts, attorneys, law firms, and case types to better develop case strategy and manage client expectations.” Post.

 

  • Relativity Brings Reduced Data Fees, Unlimited Analytics, and a More Flexible Licensing Model to RelativityOne Customers. Post.

 

  • Emerging from Harvard Law/MIT, Evisort AI Tech Company Posted Tremendous Growth in 2018, Announces Upcoming New Product Launch. Post.

 

  • Zero Now Helps Lawyers Bill More Time in Bellefield, Intapp, Carpe Diem and Other Time Entry Tools. Post. — and — Ryan Steadman of Zero: Business as Usual: 5 Law Firm Activities AI will Seamlessly Transform. Post.
  • 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.
  • Will an A.I. Ever Become Sentient? “The quest for artificial intelligence could yield something that not only out-thinks humanity but can also feel like us.” Interesting (long) post here.

 

  • Also from Medium: Artificial Intelligence, Consciousness and the Self. This one too is interesting but rather long.

 

  • Capital One AI chief sees path to explainable AI. “Nitzan Mekel-Bobrov, head of artificial intelligence work at card issuer Capital One Financial, disputes the notion deep learning forms of machine learning are “black boxes,” and insists sensitive matters such as decisions to assign credit can be made ‘much more interpretable’.” Story from ZDNet here.

 

  • Uber is getting back into the autonomous vehicle game. Coverage here and here.

 

  • Meanwhile, Kia is looking past vehicle autonomy to reading the driver’s state-of-mind: CES 2019: Kia prepares for post-autonomous driving era with AI-based real-time emotion recognition technology. Coverage here.

 

  • This 45-minute podcast is from   LawNext Episode 23: Dan Rodriguez on Innovating Law and Legal Education.

 

  • Here’s another rather lengthy thought piece from Mark A. CohenLaw Is Lagging Digital Transformation — Why It Matters.

 

  • Google is opening another AI lab, this one at Princeton. Coverage here and here.

 

  • Construction Dive postedThe Dotted Line: Mitigating the risks of technology. “It’s finally happening. Robotics, artificial intelligence, virtual reality and other cutting-edge technology that has empowered a number of industries has undeniably made its way to construction sites. But with new tools come new risks and new ways to manage those risks.”

 

  • Google posted this update. If you’re generally following AI, it’s worth your time. “Six months ago we announced Google’s AI Principles, which guide the ethical development and use of AI in our research and products. As a complement to the Principles, we also posted our Responsible AI Practices, a set of quarterly-updated technical recommendations and results to share with the wider AI ecosystem. Since then we’ve put in place additional initiatives and processes to ensure we live up to the Principles in practice.” The text of the post isn’t what matters here, it’s the several links that provide what I consider best practices.

 

  • Jason Tashea of the ABA Journal postedCalifornia imposes new regulations on ‘internet of things’ devices. “…(M)anufacturers of connected devices will have to include ‘reasonable security’ features to protect stored or transmitted information from ‘unauthorized access, destruction, use, modification or disclosure’.” More coverage of how California’s new data privacy law could change how companies do business in the Golden State here.

 

  • This is also from Jason Tashea at the ABA JournalAccess-to-justice gap? It’s the economy. “In November, the ABA published Formal Opinion 484. From the ABA Standing Committee on Ethics and Professional Responsibility, the opinion approves of some forms of attorney fee financing, believing that they can help close the access-to-justice gap, defined as those who need but can’t attain legal support.”

 

  • This vendor (VerbIT) is new to me. “A VerbIT transcription process starts with an adaptive AI engine that automatically transcribes content at very high accuracy, regardless of subject matter or accent. A sophisticated algorithm distributes each file through 2-layers of human transcribers within seconds, and checks for congruence, localized spelling and other common inaccuracies. The entire process is extremely fast, and yields +99% accuracy.”

 

Law Firm Posts

 

  • From Ropes & GrayPodcast: Artificial Intelligence and Intellectual Property Considerations. Sixteen-minute discussion of AI-driven technologies here.

 

 

  • How Fenwick Labs‘ Growth Is a Microcosm of Legal Tech’s Evolution. Post here.

 

 

 

  • This, is from Bruce Stachenfeld of Duval & Stachenfeld: Artificial Intelligence: Is It Really A Threat To Us Lawyers? “(S)omeday AI may have an impact on our profession that is more than automating drudge business, but in my view not yet, and not for a long while.”

 

  • Stewart A. Baker of Steptoe & Johnson LLP postedThe Cyberlaw Law Podcast: Blockchain Takes Over The Podcast. It’s a summary of this hour-long podcast.

 

 

  • Today’s release of the 2018 Blickstein Group Law Department Operations Survey Report reveals law departments are taking advantage of #newlaw options. Post here. I would evaluate the survey’s methodology, but to download the report one must agree to “you are opting in to receive Above the Law Sponsored Messages,” and I won’t.

 

Press Releases/Vendor Articles

  • Seal Software releases most comprehensive contract analytics platform for banks and financial services firms. Release here.

 

 

  • DFIN Elevates Artificial Intelligence Platform with Acquisition of eBrevia. Post here.

 

  • Ascertus Limited has achieved over 100% business growth in 2018, including head count and revenue. This growth has come equally from existing client retention and new business, which has been driven primarily by increasing interest in iManage Work cloud deployments as well as BusyLamp legal spend management implementations.” Post here.

 

  • Dean Sonderegger of Wolters Kluwer posted: New Year’s Resolutions For Legal Tech. “We’ve covered several different use cases for AI in this column — and while the technology holds tremendous potential, we know that there’s no silver bullet or one-size-fits-all solution for everyone and every challenge. As we continue to see new offerings enter the market, the professionals who have a clear understanding of their business will ultimately be successful in unlocking the value of these tools and driving innovation within their organizations.”

 

From Artificial Lawyer

  • The eBrevia/Donnelley Merger, Start of A Legal AI Consolidation Wave? Post here.

 

  • This is a guest post by Michael Burne, Founder and CEO, Carbon Law PartnersA New Year’s Evolution: Is the Traditional Law Firm Model Finished…? “Are traditional firms a busted flush? Well, if by traditional we mean ‘unwaveringly wedded to a construct in the face of rapid change’ – then yes. If we mean ‘a broad adherence to values and a purpose driven organisation’ – then no.”

 

  • 2019 Legal Tech Predictions from the Market. Post here. Leaders of vendors are a few law firms make their predictions.

 

  • This look back is especially blockchain-focused. Christmas News Stocking from Artificial Lawyer.

 

  • Artificial Lawyer Year in Review – 2018 – What a Year! Post here.

 

Blockchain

  • This is a good, brief overview by Thomson Reuters Legal: Blockchain and Its Implications within Legal.

 

  • “The European Telecommunications Standards Institute (ETSI) announced Tuesday that it has launched a new industry specification group for blockchain.” Post here.

 

  • “Earlier this month, Malta held its blockchain conferenceDELTA Summit, attracting more than 3,500 industry experts and government officials. The Summit operates as a platform for investors and experts to share their experience and opinions, specifically on the controversially debated issue of regulation, with fellow entrepreneurs and investors of all ages.” LOTS of topics are covered in this post.

 

AI and Blockchain Prognostications and Looking Back (also see Artificial Lawyer above)

  • From Health IT SecurityBlockchain, HIPAA Regulation Lead Top 10 Stories of 2018. “(T)o get a sense of the topics that matter most to executive and clinical leadership, HealthITSecurity.com compiled the top stories from 2018. Here are the most read stories of 2019, leading down to the most popular article.”

 

  • This, from Medium: 2018 in Review: 10 AI Failures. Several are law-related.

 

  • Team Ripple posted this rather technical look back: 2018: The Year of Breakthroughs in Blockchain.

 

  • From iappTop 10 Privacy Perspectives of 2018.

 

  • The Big Four’s Big Year: Expansion, Immigration and Evaluation. “Deloitte, KPMG, EY and PwC all made moves in 2018 aimed at building their law practices.” You really should read this summary. It includes coverage of law firms hiring from the Big 4!

 

  • This is by Frank Ready of ALM: Blockchain Made Big Strides in the Legal Services Market During 2018.

 

  • Market intelligence firm Tractica posted: Artificial Intelligence Deployments Have Expanded to Include 258 Unique Use Cases Across Enterprise, Consumer, and Government Markets. “Annual Artificial Intelligence Software Revenue Will Total $8.1 Billion Worldwide in 2018.”

 

  • This commentary is from Information WeekPredictions for Artificial Intelligence in 2019. I found these especially interesting.

 

  • 5 Legal Tech Trends to Watch in 2019. This post is from Sysero.

 

  • From Rachel WolfsonBlockchain And Crypto Leaders Share Their 2019 Industry Predictions. This post isn’t very long and it’s quite interesting.

 

  • This one is from ComputerWorldBlockchain in 2019 and beyond: 5 predictions. “After a year where cryptocurrencies lost 80% of their value, and the hype around blockchain as a panacea for business transaction problems has cooled, 2019 will be a year of building real-world solutions.”

 

  • Crypterium posted this look ahead: 4 Major Blockchain Trends to Watch for in 2019. It’s short and straightforward.

 

  • IBM Artificial Intelligence Chief Shares His Predictions For 2019. 4-minute video here. Interesting thoughts re progress toward General AI.

 

  • Here’s a good summary of tools from This Tech Can Turn the Tables in Litigation. “If you can eliminate some of the chance from litigation, if you can bring a higher level of certainty to litigation, why wouldn’t you? Indeed, you might even ask yourself, ‘Is it malpractice not to use analytics?‘”

 

  • Also from Bob: LawNext Episode 21: Blockchain, Smart Contracts and the Future of Law, with Casey Kuhlman of Monax. It’s a 45-minute interview sponsored by MyCase.

 

  • In this short post (Blockchain: Resources To Get On Top Of This Technology), Olga V. Mack offers several good tips for learning about blockchain. “What follows is a compilation of resources in no particular order that I and many other professionals have found useful.”

 

  • This, from EY: Companies ready for leases standard, but only with help, finds EY 2018 Lease Accounting Change Survey. “Automation is a long-term goal, with artificial intelligence (AI) playing an important role. More than 80% of companies are working toward designing a long-term automated solution, with only 5% saying they will use a manual, spreadsheet-based approach long term. Interestingly, more than half (51%) who are implementing automation say the solution includes using AI to identify and abstract lease data.”

 

  • The International Association of Privacy Professionals (IAPP) publishedShould we create a certification for AI ethics? “Matthew Stender, a Berlin-based tech ethicist and researcher: ‘…(C)ertainly in the U.S. — regulators’ hands were tied by trade secret laws and the ‘speech is code’ model. ‘For me, the idea of voluntary technical standards provide an interesting alternative to national legislation,” he said.'”

 

  • From Littler: Thought Leaders Predict AI’s Impact on the Workforce. “The consensus of Roundtable participants is that while automation is likely to displace workers in many occupations, it also will spur enormous demand for workers in both existing fields and in new occupations that technological change will generate.” The seven-page report is here.

 

  • Lord Chief backs “smartphone justice” but not so keen on AI. “There is no reason why our online courts and justice systems cannot deliver effective and accessible justice direct to the citizen. Both the Lord Chancellor and I (Lord Chief Justice Burnett) are in agreement on this.” “AI, however, is one area where, while much has been done, we are in the foothills, rather than the uplands, of understanding how and where it can properly be utilised.” More here.

 

  • From Emilie Ducorps-Prouvost of Soulier AvocatsLabor Law And The Challenges Of Artificial Intelligence: 3rd Part Of A Trilogy. “Labor and employment law should be used as a legal tool to steer the obvious changes brought by AI in the workplace.” The article and links to first two parts here.

 

  • Detroit Legal News published: Artificial intelligence in health care: What you need to know. The article includes specific applications and general discussion. And: “It’s all about the data“. “There’s no question that AI can process and analyze information at a rate far beyond any human capacity, but human intellect still remains a key component-not just in further training the algorithm or interpreting the information that’s presented, but in making the connections as how to best use that information in the future.”

 

  • Giangiacomo Olivi of Dentons postedArtificial Intelligence meets AdTech: digital disruption, data privacy and future perspectives. “AI will boost AdTech one-step further and introduce scenarios that will challenge current legal and industry standards, while requesting new and more dynamic approaches to online advertising. So, how is this going to happen and at what future perspectives should we expect?”

 

  • Here’s an interesting essay from How AI and analytics made the billable hour redundant. “If predictive analytics and AI kill off the billable hour for good, they may also prove to be the saviour of a profession that has been under pressure to change for years.”

 

  • Cadwalader postedLabCFTC Explains Functionality And Risks Of Smart Contract Technology, but did not include a link to the report, which I found here. It’s a pretty deep dive (32 pages).

 

  • Tiffany Quach and Stéphanie Martinier of Proskauer postedIs Blockchain Technology Compatible With GDPR? French Data Protection Regulator Provides Guidance. “To address tensions between blockchain technology and the GDPR, Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection regulator, published an initial report analyzing certain fundamental questions regarding the interaction between blockchain technology and the GDPR’s requirements (the “Report”). The Report was the first guidance issued by a European data protection regulator on this topic.”
  • In this post, Jordan Furlong discusses the future of law librarians as impacted by technologies such as AI and as roles evolve into more focus on Competitive Intelligence (here, called Market Intelligence). This article by Jordan is referenced.

 

  • Press releaseGridlogics Launches PatSeer 360™ – IP Strategy Takes a Quantum Leap with Introduction of This Disruptive New IP Intelligence Platform. “PatSeer 360™ correlates patent data with business and legal data points to give you insights for refining your IP protection, management and commercialization strategies. The solution combines Artificial Intelligence, Big Data and immersive visualizations in a versatile and easy to use platform that requires minimum learning curve.”

 

  • From Canadian UnderwriterManaging your client’s M&A risk with A.I. “Lawyers are using machine learning – a type of artificial intelligence in which computer software does something without being explicitly programmed to do so – to identify potential liabilities in contracts. AI lets computer programs learn from experience and identify patterns, Strategy Meets Action notes.”

 

  • From Canadian Lawyer: Critical topics facing the legal community. “The topic of technology continues to dominate the minds of leadership in the legal community. Whether it’s artificial intelligence, whether it’s how you manage the overall data research client information, I think technology is overwhelming for a lot of firms.”

 

  • Richard Burnham, solicitor and co-founder of Eallium CMS, posted: The ethics of lawtech. “For now, lawtech is simply a wide-ranging label that describes technology created with a view to reducing law firm overheads and/or increasing the availability of access to justice. You typically see it deployed within case management systems, document analysis algorithms, case outcome predictors, and chat bots designed to provide interim legal advice to consumers. The ethical conundrums of lawtech are many, sprouting mostly from its complexity.”

 

  • In this podcast, Bob Ambrogi interviews Rick Merrill of Gavelytics to discuss “the product one year after its launch, how lawyers use analytics for strategic and competitive purposes, and how analytics and AI are being used more broadly in law.” LawNext Episode 12: Judging Judges – How Gavelytics’ Judicial Analytics are Reshaping Litigation.

 

  • In Japan, artificial intelligence enters the legal field. “Artificial intelligence has moved into the world of corporate legal matters: A Tokyo-based start-up founded by young lawyers is using AI to check for omissions and mistakes in contracts, sometimes taking only one second.” “LegalForce Inc. was established in April last year, and is led by 31-year-old lawyer Nozomu Tsunoda, who quit a leading law firm to go into business for himself. Even with only seven employees, LegalForce checks contract documents such as a confidentiality agreement between companies.” Coverage here.

 

  • Here’s an interesting article discussing the legal rights of self-aware entities. Apes, dolphins, AI??

 

  • Two posts from Kemp IT Law in as many days! Here‘s a video titled What does the future hold for AI and product liability? “Liability will see extensive AI-influenced legal developments, especially in the areas of autonomous vehicles, robots and other ‘mobile’ autonomous systems.”

 

  • From Osborne ClarkeHave your say | How should competition law apply to the digital economy? “…(O)ther questions look at challenges which are specific to digital markets or new technology, such as: the impact on competition of ownership of big data by a small number of big firms; the impact on competition and cartel enforcement of artificial intelligence and machine learning; and how to deal with mergers and takeovers in digital markets.”

 

  • “Burford Capital Ltd. raised $250 million this week by selling new shares on the London Stock Exchange, the publicly traded litigation finance company announced Tuesday.” “The London-based litigation financier, which had a market cap of $5.4 billion as of Monday, said a debt issue and a private fund raise would follow “shortly.”” Coverage here.

 

  • From Artificial Lawyer:

– UK Takes Another Step Toward Blockchain Property Register with R3. Story here.

The Launch of the Manchester LegalTech Consortium – (…which Is Now to Be Called the ‘Manchester Law & Technology Initiative’.). Story here.

– Legal AI Platformisation Continues with Diligen/QRX Data Partnership. Story here.

– Legal AI Co. Luminance Goes After The eDiscovery Market. Story here.

– Declare Your Legal Bot! New California Law Demands Bot Transparency. Story here.

 

Blockchain

  • Bullish on Blockchain, Young Phila. Lawyer Launches Boutique. Bull Blockchain Law. “His client base includes various technology industry players with some connection to blockchain technology, he said. They’re using the technology for matters in real estate, data storage, supply chain management, and even gaming. Smart contracts are the most popular business application of blockchain technology, he said. Bull said he’s already in talks with other attorneys about joining the firm, with the goal of ultimately organizing the firm into various departments for different industries.” Industry focus; smart!! Details here.

 

  • This post (Bill Clinton: ‘Permutations and Possibilities of Blockchain are Staggeringly Great’) summarizes an interview with Clinton following his keynote address at Ripple’s annual Swell conference in San Francisco on October 1. “While Clinton acknowledged the potential of disruptive technologies like blockchain, the former president urged that economic and social policy ‘work better as positive sum games.'”

 

  • From DentonsPractical application of distributed ledger technology: Maintaining corporate records on the blockchain. “…(B)usinesses may want to explore implementing DLT (Distributed ledger technology)-based platforms; we believe they can increase efficiency, accuracy, transparency and security in record management and finance while minimizing cost, providing significant competitive advantages to companies that adopt this technology.”

Must Read: If you’re especially interested in blockchain or just want to learn what it’s all about, read this fresh report from McKinsey & Co.: Blockchain beyond the hype: What is the strategic business value? (The interactive infographics are outstanding.) “Blockchain was a priority topic at Davos; a World Economic Forum survey suggested that 10 percent of global GDP will be stored on blockchain by 2027. Multiple governments have published reports on the potential implications of blockchain, and the past two years alone have seen more than half a million new publications on and 3.7 million Google search results for blockchain.” “Despite the hype, blockchain is still an immature technology, with a market that is still nascent and a clear recipe for success that has not yet emerged.” Some very interesting and practical insights and applications are discussed. Applications in 14 specific industries are discussed — not legal.

 

  • Speaking of McKinsey, this story describes the Houston Astros amazing rise from profoundly terrible to World Series champs under general manager Jeff Luhnow, formerly a management consultant for McKinsey (who surrounded himself with other nerds). “‘How do you combine soft information with hard information in a way that allows you to make the best decisions?’ asked Luhnow in 2014.” It’s an interesting story of how combining big data analytics with “gut feeling” may still be the best solution — for now. “In an era in which we are deluged by data, with the specter of job-killing artificial intelligence looming on the horizon, success isn’t a matter of man or machine, but of man plus machine. As long as man remains in charge.”

 

  • Back to blockchain: “The Association of Legal Administrators is the first membership association to become part of the Global Legal Blockchain Consortium (GLBC), joining more than 30 large companies, law firms, software companies and universities. The GLBC exists to develop standards that govern the use of blockchain technology in the business of law.” Details here.

 

  • And more blockchain, this time a two-part post regarding cryptocurrencies from Barnes & Thornburg’s Trace Schmeltz (here and here). Cryptocurrencies — An Overview of the Legal Landscape, The Risks of Investing, and the Future of the Markets. It’s a good explanation of this aspect of blockchain with an explanation of the risks in trading and potential future.

 

  • From KennedysWhy being app-athetic is bad for law firms. “One simple yet undeniably persuasive argument for law firms to cultivate legal technology is that their clients want them to.”

 

  • I expect good things from Bob Ambrogi’s new podcast, “LawNext.” He’s off to a good start with this interview of Nicole Bradick.

 

  • A couple of years ago I would have been surprised to see stories regarding AI and pot. But this morning, “Global Cannabis Applications Corp. is a global leader in designing, developing, marketing and acquiring innovative data technologies for the cannabis industry. The Citizen Green platform is the world’s first end-to-end – from patient to regulator – medical cannabis data solution. It uses six core technologies: mobile applications, artificial intelligence, regtech, smart databases, blockchain and digital reward tokens, to qualify candidates for clinical studies.”

 

  • From Artificial Lawyer:

– Meet Sibyl AI – The New Claims Prediction System.

– US Survey Finds Big Legal Tech Knowledge Gap Among Lawyers. (I could not find the survey methodology, so caveat emptor.)

– Brummie Legal Automation Co. Clarilis Bags $4m Investment.

– Casetext and the Need for Legal AI for ‘Small Law’.  “…(S)mall firms have a double whammy of a challenge: they lack the financial resources to invest in AI research suites and they lack the additional staff resources to do that research work manually.”

 

  • Here’s some noteworthy AI-related news from the world’s biggest tech companies:

– Apple bigwigs Tom Gruber and Vipul Ved Prakash call it quits amid Siri reshuffle. (Dear Lord, I hope this means Siri with catch up to Google Assistant, or at least Alexa.)

– “(IBM) … reported second-quarter profit and revenue that topped analysts’ expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud computing.” “…IBM has been focusing on an array of new technologies ranging from artificial intelligence to cloud computing as it tries to offset weakness in its legacy business of selling hardware and software.” And this storyIs Watson enough to carry IBM?

Microsoft Will Build AI Into Everything, Says CEO Satya Nadella. “It’s going to have perception capability, language capability and autonomy that’s going to be built into the applications going forward.” Details here.

 Intel Partners with Forbes to deliver an all-new Digital Publication called ‘Forbes AI’. “You know that times are changing when Intel, who just turned 50 yesterday, is pushing hard into Artificial Intelligence. Last month during Computex, Intel’s keynote included a segment on AI for PC’s developer program as illustrated in an Intel slide below.” More here and here.