• This is the biggest news from last week’s LegalWeek in NYC: Legaltech19: New global matter standard to provide “common language” for law firms and corporate counsel. “The Standards Advancement for the Legal Industry (SALI) Alliance is building matter coding that includes area of law and process codes, which it says will foster innovation and

  • Predictive analytics are going to be huge in the business (and practice) of law. This is my favorite example so far. “DLA Piper brought in Axiom Consulting Partners to assist in building a predictive-learning model that predicted with 75-80 percent accuracy those clients that will shrink or go dormant in the next year.” Check out

  • Contracts!

– Magic Circle firms Allen & Overy, Freshfields Bruckhaus Deringer and Slaughter and May have joined Dentons, K&L Gates, DLA Piper and others in The Accord Project to create standards for legal smart contracts for various practice areas. Details here.

Artificial Lawyer reports that “Fasken has announced that it has adopted Kira

  • This post on the LMA’s Strategies+ blog (originally from last month’s issue of the magazine Strategies) has a bit of a clickbait title, “AI Is the Future of Everything, Right? Not So Fast.” The actual substance is a list of seven things law firms could be doing now to improve the business of their

When I started this blog seven months ago (and posts to a Facebook group about a year ago), I mentioned several times that law firms would be well advised to include mention of AI in their alerts, blog posts and other content marketing to show that they “get it” regarding this important technology, and to