• 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.
  • How far have smart speakers come? Amazon has 10000 employees dedicated to Alexahere are some of the areas they’re working on. Speaking of Alexa: Amazon team taps millions of Alexa interactions to reduce NLP error rate. Story here. (Ask yours who will win the Super Bowl.)

 

  • This is kinda fun from Above the LawYou’ll Eat A McRib, But You Won’t Try Machine Learning? What Gives?

 

  • Here’s some A2J news from Mary JuettenFree Legal Research For All: AnyLaw. “AnyLaw was established to provide a no-cost alternative solution to the unnecessary – and exclusionary — expense of legal research.”

 

  • I have friends and relatives who are GMU grads, so here’s George Mason students have a new dining option: Food delivered by robots.

 

  • This story is from Singapore’s Channel NewsAsia: The Big Read: Rise of the machine — how technology is disrupting Singapore’s law firms. “Singapore is playing catch up to embrace technological adoption in the legal and judicial world. Legal professionals say tech may also reduce the number of legal roles.”

 

  • It seems the US government shutdown is impacting AIChina To US Tech Investment Plunges 79% To Lowest Level In 7 Years Amid DC Crackdown. “In the BAT’s case, that means U.S. transactions centered on artificial intelligence, e-commerce and games — exactly the sorts of deals they made in the U.S. during 2018.” Story here.

 

  • This, from the WSJDriverless Cars Tap the Brakes After Years of Hype. “Developers take a more cautious, low-key approach in testing and talking about autonomous vehicles after Uber crash.”

 

  • And there’s more about autonomous vehicles in this article:How AI Is Transforming The Next Generation Of Vehicles. “The headliner of this year’s CES in Las Vegas wasn’t the futuristic concepts of robocars. Instead, it was the production-ready technologies that will infuse AI into the next generation of cars for safer, more efficient driving in the near term.”

 

  • From the always astute Jordan Furlong, this pieceWhy law firms need to think differently – and smarter – about AI. “…(W)e need to go back to basics and deconstruct what we are trying to achieve with this technology, and why.”

 

  • This NYT story is thought provoking: How Do You Govern Machines That Can Learn? Policymakers Are Trying to Figure That Out. “The subject was artificial intelligence, and his students last week were mainly senior policymakers from countries in the 36-nation Organization for Economic Cooperation and Development.”

 

  • This ABA piece is a well-annotated deep dive into several of the big issues in legal AI: Pros and Pitfalls of Artificial Intelligence in IP and the Broader Legal Profession. “(S)trong and efficient practitioners must learn to harness the power of AI, but must be wary of overreliance on these technologies.”

 

Law firm posts (blockchain included):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • This is a large and useful post from Gibson Dunn: Artificial Intelligence and Autonomous Systems Legal Update (4Q18).

 

  • Megan Seabourne of British law firm VWV, this postWould you trust a robot to write your will? “More than seven out of ten people would not want their will to be drafted using artificial intelligence (AI), according to VWV’s latest survey and as law firms are increasingly adopting AI in legal matters.”

 

  • Sunil Thacker senior partner at Dubai’s STA is heavily quoted in this pieceSpace, AI, renewable energy to get priority as sectors open for more foreign investment in 2019.

 

From Artificial Lawyer:

  • Artificial Lawyer Announces Launch of Legal Innovators Conference. Post here.

 

  • Neota Logic Partners With Actuate Law To Develop New Legal Tech Tools. Post here. More coverage here.

 

  • CLOC London – Getting To Grips With Data + Better Contracting. Post here.

 

  • M&A Due Diligence Will Get Much Faster – Survey by OCR Co. Merrill. Post here.

 

  • Law Company Elevate Buys Yerra Managed Legal Services Co. As M&A Binge Continues. Post here.

 

  • Mitratech Launches TeamConnect Essentials in Legal Ops Drive. Post here.

 

  • Disputly – Solving the Consumer Legal Challenge One App at a Time. Post here.

 

Press Releases and sponsored content:

  • From ThoughtRiverTurning The Future Vision Of The GC Into Today’s Reality. “Access our new eGuide to discover how automated contract pre-screening technology can transform the role of the GC’s team – and therefore business performance.” Release here.

 

  • Also from ThoughtRiver: Why has the legal profession been slow to embrace AI technology? Release here.

 

  • Actuate Law Debuts New Legal Tech Subsidiary, Quointec LLC. “Quointec will collaboratively build next-generation legal and compliance tools that leverage artificial intelligence (AI) to provide clients with innovative and more cost-effective solutions.” Release here.

 

BLOCKCHAIN:

  • Here’s some news re blockchain payments: MIT, Stanford and others to build blockchain payments network to rival VisaNet: “Seven universities are collaborating to create a blockchain-based online payment system that will solve issues of scalability, privacy, security and performance, enabling up to 10,000 transactions per second.”

 

  • This, from MarketplaceThe blockchain is coming to Wall Street. “(F)uture ICOs and their digital coins might start to look a lot more like good old-fashioned stock, except traded on the blockchain. And that has big ramifications for Wall Street.”

 

  • Here are the findings of a statistically reliable survey: Deloitte’s 2018 Global Blockchain Survey: Blockchain Is “’Getting Closer To Its Breakout Moment’. “…(O)ut of all of the participants surveyed, 65% reported that their organization will invest $1 million or more in blockchain technology in the coming year. The enterprises with the largest investments will be coming from Mexico, France, and Canada respectively.”

 

  • Securitize To Join IBM’s Blockchain Accelerator To Modernize $82T Corporate Debt Market. Story here.

 

  • CanadianLawyer publishedBlockchain justice. “Crypto-currency and blockchain will increasingly be the subjects of litigation in Canada.”

 

  • Crude oil is about to be traded on a blockchain platform backed by five of the top 10 oil companies.Chevron, Total and Reliance Industries are backing VAKT, a digital platform for crude oil trading based on blockchain that launched late last year. They join a consortium of investors that includes BP, Royal Dutch Shell and Equinor as well as traders Gunvor, Mercuria and Koch Supply & Trading.” Story here.

 

  • Speaking of oil & gas, here’s a piece that probably belongs above under AI, but here it is! The Incredible Ways Shell Uses Artificial Intelligence To Help Transform The Oil And Gas Giant.
  • 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.

 

  • If you’re a student of AI you should at least skim through this summary of MIT’s recent Platform Strategy Summit. It presents an excellent overview of the state of AI (and a bit of blockchain) from academic and business perspectives (even Thomson Reuters). “Most corporate app development effort today is spent on keeping things running, not on changing and innovating.” (Many cool infographics!)

 

  • This article (Does the legal profession have a moral duty to innovate?) appeared in Canadian Lawyer: “The panel also discussed the fact that more than 30 states in the U.S. have adopted the American Bar Association’s model rule that imposes a duty of technology competence on lawyers. The Federation of Law Societies in Canada is said to be looking at changing the model code of professional conduct in Canada to impose a duty of technology competence similar to the ABA’s rule.”

 

  • This piece (Are big data and artificial intelligence throwing down a new regulatory gauntlet?) from American Enterprise Institute is likely to set you to thinking about the regulation of information technologies in new ways. ‘…(I)f there is a principle to guide the future regulation of big data and AI, it is to focus on first understanding information asymmetries and how they affect the distribution of the gains, rather than the technologies that they are associated with.”

 

  • From The Law SocietySix ways the legal sector is using AI right now. The usual applications are discussed here, plus a bit about threats and a forecast. Interesting definition” “When we talk about AI in 2018 (and for the purposes of this article), we mean clever forms of computerised automation and search.”

 

  • More Reynen Court news hereClifford Chance and Latham Invest in ‘App Store for Legal Tech’. “They are putting an undisclosed amount of money into Reynan Court, the highly touted tech venture that provides law firms with a single platform to manage the procurement, deployment and management of third-party apps. The CIOs of both firms have joined the tech startup’s board of directors.” Coverage from Artificial Lawyer here.

 

  • This, from the Solicitors Regulation Authority (SRA): Law firms must be able to explain decisions made by AI. (There’s a link to a larger paper.) “While AI has not been 100% accurate in various tests, the SRA said it has never proven any less accurate than work carried out by humans, and in some cases, it has been more so. Looking at some of the issues AI’s use would raise, however, the SRA said firms may find it difficult, where decisions were made by “self-learning AI”, to explain the “assumptions and reasoning behind some automated decisions”.”

 

  • This, from Missouri Lawyers WeeklyNew services or products that support Missouri’s legal community: Manu Stephen. “…(T)he Inventr app uses artificial intelligence to help companies discover patentable inventions in 24 hours. … The app also helps companies to find attorneys to work on their patents by providing the companies with a list of attorneys who have been vetted and preselected by Inventr.”

 

  • “Over 2,000 U.S. adults answered the online survey earlier this month. The survey was conducted by the Harris Poll at the request of Your Lawyers Online, an online legal service provider that guides clients through family, animal and estate planning law.” 69 Percent of People Would Use Online Legal Services Over Attorneys. Other juicy stats here.

 

  • And speaking of surveys, surprise! Report Proves What We Already Knew: Clients Will Pay Any Fee Hike To Get Brand Name Firms. “This has long been the conventional wisdom among legal industry observers, but the new Citi Private Bank Law Firm Group Report went out and actually gathered some hard data to see if our gut instincts are correct. It turns out… they are.” More results survey here.

 

  • A2J: Start-up aims to help NFP sector identify legal nature of problems. “A law graduate will next year launch an artificial intelligence-backed (AI) product that uses natural language processing (NLP) to help not-for-profit agencies identify precisely the legal nature of a problem, potentially cutting out time-consuming confusion.” Story here.

 

  • Artificial intelligence set to free solicitors from lower-level work. “The report, Technology and legal services, suggests that rapid developments in AI will mostly be focused on back-office functions.” More here.

 

  • IBM Unveils Its Vision For The Future Of Artificial Intelligence. “IBM, which has been working on artificial intelligence since the 1950s, is not only keenly aware of these shortcomings, it is investing heavily to improve the basic technology. As Dario Gil, Chief Operating Officer of IBM Research recently wrote in a blog post, the company published over 100 papers in just the past year. Here are the highlights of the technology being developed now.” This is a fast, interesting read.

 

Posts by Law Firms

  • Two of my posts in a row for Dentons‘ Giangiacomo Olivi. Here’s his latest, Non-Personal Data Regulation, AI and the data economy: an Italian perspective. “This new piece of legislation aims to strengthen the principle of free circulation of non-personal data in the EU for the benefit of businesses and the public alike, with a view to foster the European data economy and the future Digital Single Market.”

 

  • Also from Dentons, Eric J. TanenblattAndrew Shaw and Crawford Schneider wrote: Federal Autonomous Vehicle Bill Moves Closer To Passage. “The support of the American Association for Justice, an influential trial lawyer advocacy group, is a welcome sign for the bill. The new-look legislation, circulated Monday night, was altered to reaffirm state and local authority over motor vehicle operation, mitigate concerns about the effect of federal preemption on state common law and statutory liability and constrain the use of pre-dispute arbitration clauses related to death or bodily injury.” Post here.

 

  • Winston Maxwell and Gauthier Vannieuwenhuyse of Hogan Lovells postedRobots Replacing Arbitrators: Smart Contract Arbitration. The 10-page scholarly journal article is here. “Given the current legal framework, fully robotised arbitration will not become a reality in the near future. However, prospects of automated expert determination are much more likely. They will lead the way to speedy, less-costly and accurate calculations or determinations, to the benefit of parties in various specific sectors.”

 

  • This, also from Hogan: The emergence of intelligent systems in health care. “With artificial intelligence being implemented across the health care continuum, FDA and other agencies find themselves contending with the prospect of regulating a moving target.”

 

  • Alan S. Levins and Amanda M. Osowski of Littler Mendelson posted: Self-Driving Trucks And Labor Law—A Look Ahead. “Welcome to the future: The year is 2020 and an organized—i.e., unionized trucking company—”L2M2″ has announced it is acquiring a convoy of autonomously powered—i.e., “self-driving”—transportation vehicles.” Post here. (Seems I’m failing at putting my futurist stories in one place.)

 

(More law firm posts under Blockchain below.)

 

Prognostications

  • From Inc.: Here Are 27 Expert Predictions on How You’ll Live With Artificial Intelligence in the Near Future. “It might make life better or it might be the end of us. Either way, it’s coming and here’s what it’s going to look like.”

 

  • This post includes a section on AI, so I did not include it with the Blockchain predictions below. Blockchain And Crypto Industry Predictions For 2019.

 

  • Here’s a half hour podcast in which Elie and Joe talk to Ralph Baxter, former head of Orrick and current board member of Intapp, about the future of the legal industry. (Ralph joins about 7 minutes in.)

 

(More predictions under Blockchain below.)

 

Press releases

  • Lex Mundi Partners With Diligen To Offer Artificial Intelligence Contract Review Tool. Release here.

 

  • Evisort launch Document Analyzer: advanced AI data mining, search and reporting tech. Release here.

 

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

 

  • Innovate UK backs bid to create “thinking” legal AI. “Contract review business ThoughtRiver has been awarded funding from the government for a £400,000 development project to develop “thinking AI”.” Story here. Coverage from Artificial Lawyer here.

 

Blockchain

  • BakerHostetler‘s Robert A. Musiala Jr. publishedCryptocurrencies Continue To Permeate Capital Markets As Blockchain Permeates Settlement Systems. “…(T)he long-sought approval of Bitcoin ETFs appears unlikely in the near future, based on recent comments from SEC Chairman Jay Clayton, who cited continued concerns over a lack of adequate investor protections, including difficulties mitigating risks related to cryptocurrencies being stolen or manipulated on exchanges.”

 

  • Scott H. Kimpel of Hunton Andrews Kurth posted: Blockchain Legal Resource: CFTC Publishes Primer On Smart Contracts. “The Primer discusses their functionality, use cases, regulatory environment and potential risks.” Post here.

 

 

 

  • From  Marc D. Powers of BakerHostetlerBlockchain Platform For Energy Commodities Announced In U.S., Restrictions Ease In Foreign Markets. This post includes several useful links.

 

  • Also from BakerHostetlerJohn C. McIlwee posted: More Blockchain Uses For Digital Advertisers, Software Licensees And Marine Insurers. This post is mainly a summary of a recent report, and here’s a link to the referenced report.

 

  • Neil Gray and Maxwell J. Eichenberger of Reed Smith posted Blockchain: Immutable Ledger, But Admissible Evidence? “(A) brief overview of blockchain technology, then addresses the current evidentiary hurdles blockchain records face, and concludes with considerations for attorneys seeking to enter blockchain receipts … into evidence and businesses implementing blockchain solutions.”

 

  • Amazon got quite a bit more serious about Blockchain in 2018, including its Blockchain as a Service (BaaS) offering: “a fully managed service that makes it easy to create and manage scalable blockchain networks using open source frameworks such as Hyperledger Fabric and Ethereum in just a few clicks.” Story here.

 

  • First Blockchain loan closes in Latin America amid transparency concerns. “Itaú’s US$100m proof-of-concept loan, provided by Standard Chartered and Wells Fargo, utilized the R3 Corda Connect blockchain platform, a paperless system that allowed the banks to assess revisions, comments and approve the club loan digitally.” Story here.

 

  • Several law school faculty from around the world contributed to: The Distributed Liability of Distributed Ledgers: Legal Risks of Blockchain. “Part of the attraction of distributed ledger systems, such as Blockchain, lies in transcending law and regulation.” Link here.

 

  • Blockchains should have ‘privacy by design’ for GDPR compliance. “Some believe that public permissionless blockchains cannot be GDPR compliant, and that private blockchains might be the answer to blockchain’s regulatory woes. Even so, private blockchains bring into question the very meaning of what a blockchain is. There is no simple answer.” Story here.

 

  • Here are some prognostications about Blockchain: Top 5 blockchain predictions for 2019.

 

  • And here4 Major Blockchain Trends to Watch for in 2019. (Not the same as those above!)

 

  • And much more here10 Ways Blockchain Technology Will Change The Legal Industry.

 

From Artificial Lawyer 

  • RelativityOne Goes Down Under With Australia Partnership. Story here.

 

  • Back to the Future For Legal AI + Automation. Story here. (Again, I’ve put prognostications is a different section.)

 

  • Slaughter and May Publishes Innovation Guide. “The 32-page report, spearheaded by Slaughters partners, Rob Sumroy and Ben Kingsley, and produced in association with Tromans Consulting, the strategy and innovation consultancy, explores both the theory behind innovation and looks at real world examples of what businesses have done and what can be learned from them.” Post here, and here’s the link to the full report.

 

  • AI Co. Diligen Wins Major Business Boost With Lex Mundi Deal. Story here and here.

 

  • Legal AI Co. Seal Launches Financial Services NLP Suite. Story here.

 

  • What is ThoughtRiver’s New ‘Thinking AI’ + What Will It Do? Story here.

 

  • Kira Systems – AL Product Review – Part One. Story here.
  • O’Melveny is getting a lot of coverage of its recent announcement that it will use neuroscience-based games in its recruitment process. See stories here, here, here and here.

 

  • This post was prepared by Kurt Watkins of Contextum and Matthew Savare of Lowenstein Sandler and published by the ACC via Lexology: The Rise of Artificial Intelligence and its Impact on General Counsel. It’s a solid deep dive and includes specific advice for GCs. “The technological advancement of AI and its concomitant increased adoption in the legal profession cannot be stopped. For many years, lawyers believed that AI would not impact them or their profession. Think again. In order to stay ahead of the proverbial curve, general counsel need to understand this transformation, adjust their ways of thinking….”

 

  • Seyfarth’s Hannah L. JacksonRaymond Tran and Theodore E. Woodward postedWave Of The Future: The Effect Of AI And Robotics On Commercial Real Estate. It’s a solid, rather in-depth look. “Advancements in AI robotics and integration with the IoT have the potential to change the way that commercial properties are owned, leased, managed and operated in the future.”

 

  • The Centre for Information Policy Leadership (“CIPL”) at Hunton Andrews Kurth recently published the first report in its project on Artificial Intelligence (“AI”) and Data Protection: Delivering Sustainable AI Accountability in Practice. The report, entitled “Artificial Intelligence and Data Protection in Tension” aims to describe in clear, understandable terms: what AI is and how it is being used all around us today; the role that personal data plays in the development, deployment and oversight of AI; and the opportunities and challenges presented by AI to data protection laws and norms.” Overview here.

 

  • This, from DLA Piper: International Trade Alert. “The Bureau of Industry and Security (BIS) issued an Advance Notice of Proposed Rulemaking (ANPRM) on November 19, 2018 requesting public comment on identifying ’emerging technology.’ Under the Export Control Reform Act of 2018 (ECRA), which was signed into law on August 13, 2018, the Department of Commerce is authorized to establish export controls on emerging and foundational technologies under the framework of the Commerce Control List (CCL). In the ANPRM, BIS indicated that it will issue a separate ANPRM for ‘foundational technology’.”

 

  • The Alliott Group (Maciej Kokotposted: An Alternative Perspective On Use Of Artificial Intelligence In Professional Firms. “This article, written by Alliott Group Polish accounting and law firm member ALTO, provides an alternative perspective on AI’s role in the mid-size firm. Authors Maciej Kokot and Wojciech Kokot propose we question the preconceptions and fears we have surrounding AI, and instead invite accountants and lawyers to familiarise themselves with its capabilities. From automating rudimentary accounting services to streamlining first-line support using chatbots, this article outlines why we have every reason to feel positively about the rise of AI.”

 

  • This post is from Switzerland’s Bär & Karrer‘s Andrew M. GarbarskiThe Sealing Of Evidence Under Swiss Criminal Procedure Law. “The fast-changing technical landscape and the potentially endless capabilities of artificial intelligence may ultimately offer better solutions for judicial authorities and practitioners alike. However, in the meantime, both must turn towards the case law of the SFSC to find practical ways of dealing with the increasing complexity of unsealing procedures.”

 

  • If you’re interested in how the Skunkworks approach to innovation adoption can work at a law firm (I am!), check out this podcast interview with Orrick’s Chair, Mitch Zullie.

 

  • Here’s a rather academic piece from the University of Toronto — Faculty of Law’s Benjamin Alarie, Anthony Niblett and Albert YoonHow Artificial Intelligence Will Affect the Practice of Law. “In the short run, we can expect greater legal transparency, more efficient dispute resolution, improved access to justice, and new challenges to the traditional organization of private law firms delivering legal services on a billable hour basis through a leveraged partner-associate model.” “In the longer term, it is difficult to predict the impact of artificially intelligent tools will be, as lawyers incorporate them into their practice and expand their range of services on behalf of clients.”

 

  • “A subsidiary of the German arm of Clifford Chance has entered into a partnership to advance the development of an AI platform. Clifford Chance Tech GmbH and German firm EVANA will work together to enhance EVANA’s platform for corporate law and M&A transactions.” More here, here and here.

 

  • In this post, Law Society Council member, addresses the question, “…if you are going to receive advice or even representation from either a solicitor or a robot with artificial intelligence, should the criteria for the product be the same in each case?” Interesting read.

 

  • Dentons’ Todd D. DaubertPeter G. FeldmanJason M. Silverman and Michael E. Zolandz posted: BIS Begins Process For Export Controls Of “Emerging And Foundational” Technologies: What Tech Companies Need To Know. “On November 19, the Commerce Department’s Bureau of Industry and Security (BIS), which controls the export of sensitive dual-use and less-sensitive military goods and technology, took an important preliminary step in establishing the review and control process required under ECRA. The agency published an advance notice of proposed rulemaking (ANPRM), soliciting comments from the public on specific matters related to identifying and controlling emerging and foundational technologies.” More here.

 

  • Also from Dentons (this time, Eric J. TanenblattCrawford Schneider and James A. Richardson): Autonomous Vehicles Start Act Legislative Update. “Republicans are eager to finally advance a light-touch autonomous vehicle regulatory framework after the proposal has languished for more than a year in committee over cyber and safety concerns.”

 

  • Here’s part 6 of Mintz’ Strategies To Unlock AI’s Potential In Healthcare, Commercialization Of AI Tools In Healthcare – The Challenge Of Securing Adequate Data Rights.

 

  • A blog on behalf of CILEx Regulation by Eve Dullabh, managing director of the Law Training Centre in Kent: Reality versus the robot lawyers. “…(L)egal training will be required to adapt accordingly to provide the skills to the modern lawyer in order to remain indispensable in the era of AI technology. Cyber-security training, management of risk training and coding will, inevitably, become part of every lawyer’s legal training and, already, some of the top firms in the country have recognised this and instructed that all their trainees undertake coding training. The future is now and embracing the evolution of the new legal era will prepare us for the things to come.”

 

  • Steven D. Lofchie of Cadwalader postedFRB Governor Brainard Focuses On Risks And Supervisory Approaches Associated With AI. “Federal Reserve Board (“FRB”) Governor Lael Brainard urged firms to be mindful of risks associated with artificial intelligence (‘AI’) innovation and advised regulators to remain diligent in the quest to understand and regulate the use of AI by supervised firms.”

 

  • Also from Steven D. Lofchie, FDIC Chair McWilliams Urges More Collaboration On FinTech. “In remarks delivered at the FinTech and the New Financial Landscape Conference, Ms. McWilliams underscored that innovation is expanding bank access to more customers, and that new technology has enhanced ‘customer experience, [lowered] transaction costs, and increase[d] credit availability’.”

 

  • WilmerHale‘s Timothy Syrett and Natalie R. Pous prepared this articleThe Developing Landscape Of Internet Of Things Standards For Cars, “the first in a series of five articles written by WilmerHale discussing how the emergence of IoT technologies will impact the automotive industry. “The Internet of Things (IoT) refers to the connection of a multitude of devices through the Internet to collect and exchange data. One area of particular promise for the IoT is cars. Exchanges of data between cars on a street, between cars and pedestrians crossing the street, between cars and traffic lights on the street, and between cars and the Internet could improve safety, reduce traffic, save fuel, and make for a more entertaining drive.”

 

  • And here‘s a closely related article, also from Wilmer (this time by Christian DuvernoyFrédéric LouisDr. Martin BraunAnne ValleryItsiq Benizri and Naboth van den Broek): The European Commission Launches A Public Consultation On Connected And Automated Vehicles. “The ambition of the European Union (“EU”) is to become a world leader in the deployment of connected and automated mobility. The EC believes that driverless mobility and connectivity will help bring down the number of road fatalities and reduce harmful emissions and congestion. In this context, the EC published a Communication in which it identified the actions it would take to guide the sector and EU countries to reach its objectives. One of these actions is to issue a Recommendation to complement the regulatory framework for connected and automated mobility and to help EU countries achieve a coordinated approach in this respect.”

 

 

 

  • From Jones DayDriverless, Networked Vehicles on the Rise, French Liability Regulations Lag Behind. “The Situation: Autonomous cars with incorporated artificial intelligence (“AI”) are now a reality whereas French regulations have yet to adjust. The Issue: The phenomenon of new autonomous cars using AI gives rise to questions about how product liability principles will apply and adapt thereto. Looking Ahead: Carmakers should already be considering what liability risks could be created by incorporating AI in autonomous cars and how to mitigate such risks.”

 

  • Andy Neill of HighQ postedWhat’s artificial about ethical AI in the law? Everything. “Lawyers are trained and have studied ethics. They must be utilised to succeed in creating ethical AI programs.” It’s an interesting read.

 

  • Here’s an important and useful study conducted by Dentons: Dentons submits results of research into the development of global legislation in robotics, AI and cyberphysical systems. “Dentons global law firm has carried out unique, large-scale research of the development of law and legislation on robotics, artificial intelligence and cyberphysical systems. The research was commissioned by the Competency Center for Statutory Regulation of the Digital Economy, which operates at the Skolkovo Foundation. It is the first such research done in Russia.”

 

  • This post is from Hungary’s KCG Partners Law FirmFree Flow Of Non-Personal Data In The European Union. “According to the communication of the European Parliament, the Council of the EU will adopt the regulation in the coming weeks, before it will enter into force by the end of the year. The Member States will have 6 months to apply the new rules from the date of the formal adoption of the regulation.”

 

  • Here’s a taste of what to expect at the “Emerging Legal Departments: Legal Tech 101” roundtable (Evolve the Law, Above the Law’s Legal Innovation Center at Logikcull’s San Francisco headquarters) on December 5. Monica Zent and Stephanie Corey will lead the discussion.

 

  • From José Santacroce of Moeller IP Advisors we have: The European Patent Office (EPO) Publishes New Guidelines On Computer-Implemented Inventions (CII). “…(T)he new EPO CII Guidelines include for the first time new sections on Artificial Intelligence (AI) and Machine Learning (ML), and on Simulation, design or modelling.” Post here.

 

  • Philip Cupitt of Marks & Clerk posted: Artificial Intelligence: Is Your Business Ready? “Our own research at Marks & Clerk reveals that more than 78,000 patent applications relating to AI were filed around the world in 2017. On current trends, we’ll see around 86,000 such patent applications filed in 2018, which represents almost a twofold increase in the past decade.”

 

  • Government invests to research how AI can improve the law was posted on Legal Futures by Dan Bindman, “The government is funding research into the potential for artificial intelligence (AI) to improve the legal system, with a warning that, if the technology is mishandled, it could have dire consequences. The Department for Business, Energy and Industrial Strategy (BEIS) will fund three research projects into aspects of AI costing £3m, of which ‘Unlocking the potential of AI for law’ is one.”

 

  • HBR Consulting postedLaw firms must act with urgency to keep pace with law department analytics maturity. “…(L)aw departments are gathering, centralizing and sharing more data than ever, and many law firms are lagging behind.”

 

  • Law schools are often (and often justifiably) accused of not keeping pace with innovations in the business of law. But here are some noteworthy exceptions: You Think Legal Education Can’t Change? 8 Innovative Ideas from Law Schools.

 

 

From Artificial Lawyer:

– Few GCs Have ‘Digital Transformation Skills’ – LawGeex Report. Link.

– Nordic Law Firms Go All-In For Legal AI, (Especially Luminance), But Why? Link.

– UK Gov + MoJ Back Major Research Project to Boost Legal AI Use. Link.

– Relativity Partner QDiscovery Buys Evidox in eDiscovery Consolidation Move. Link.

 

Blockchain

 

  • Smart Contracts May Have Weaknesses. This Tool Helps Find Them. “ released a blockchain security monitoring service that includes a tool by ConsenSys Diligence allowing users to scan smart contracts for vulnerabilities.” Story here.

 

  • Pinsent Masons postedMEPs call for business GDPR ‘guarantee’ on using blockchain. “Businesses should not begin using blockchain technology to process personal data until they can ‘guarantee compliance’ with EU data protection laws, a committee of MEPs has said.”

 

 

  • This, from Sheppard Mullin: United States: The Hammer Falls On The First Major Blockchain-Based Art Auction. “Christie’s made history again last night during its evening sale, An American Place: The Barney A. Ebsworth Collection, at 20 Rockefeller Center in New York. This time, the history was not in the form of a record-setting sale (though the sale brought in $317.8 million), but as the first major art auction to be recorded by distributed ledger technology.”

 

 

  • Here’s a blockchain milestone: “Abu Dhabi-headquartered Al Hilal Bank has carried a blockchain-based transaction for an Islamic bond worth $500 million. The bank, an investment arm of the Abu Dhabi government, announced Monday that it settled the Islamic, shariah-compliant bond, or sukuk, worth $500 million on the secondary market, using blockchain tech.”

 

  • And here’s another: Real Estate on the Blockchain: $20 Million Sale ‘. “In the first offering of its kind, U.S. investors can now acquire a piece of South Carolina real estate in the form of blockchain tokens. The tokens represent ownership in a luxury student residence called The Hub … which is located near the University of South Carolina in the state’s capital.”

 

  • This is an interesting article from the December issue of the ABA JournalWhat do AI, blockchain and GDPR mean for cybersecurity? “…(W)e close this series by looking around the bend to understand how major emerging technologies will affect cybersecurity in the coming years. While experts disagree when technologies such as artificial intelligence and blockchain will play a larger role in cybersecurity and data protection, there is broad agreement that their roles will be pivotal. This could, in turn, create new solutions, risks and regulatory headaches.”

 

  • This surprised me. I post a lot about Silicon Valley, Shanghai, London, etc. as AI hubs. Turns out NYC is doing pretty well. See this post (New York Is the Capital of a Booming Artificial Intelligence Industry) from Bloomberg. “If you’re looking to get into AI, set your sights on New York, according to the report. Surprisingly, New York—not San Francisco—boasts the highest percentage of AI and machine learning positions in a single metro area, with more than 11 percent of national job postings.”

 

  • AALL Annual Meeting Session Recap: Powered by AI, Built in the Law Library. “Fastcase CEO Ed Walters has had enough with the magic and the unicorns and the hype surrounding artificial intelligence, or AI.  He urged attendees at the American Association of Law Libraries (AALL) session, “Powered by AI, Built in the Law Library,” to think of AI like pivot tables in Excel: they’re just tools. They’re not magic, but they can be to those who don’t understand them.” Good insights and examples in this piece.

 

  • The folks at Artificial Lawyer prepared this recapILTACon 2018 – Legal AI Comes of Age. “This time the most remarkable thing at ILTACon was how accepted it has all become, which in turn also signalled a far more mature understanding of the tech involved and the questions that needed to be grappled with. In short, the debate has moved on now to substantive issues around data quality needs for NLP training and real opportunities grounded in discussions around improvements to profit margins.” Definitely worth reading. (Blockchain is included.)

 

  • This summary (Changes to Law Firm Business Model Could Spur Innovation) of an ILTACON 2018 keynote panel includes some examples of modest inovation.

 

  • Also from ILTACON, via law.com, these four “Stories of Innovation: The Power of Personal Stories to Influence Behavior Change.” The examples are from Orrick, Troutman Sauders, Littler Mendelson, and Freshfields. Some funny, all interesting.

 

  • From Reed SmithProposed amendments to the ePrivacy Regulation. “The ePR will repeal and replace the Privacy and Electronic Communications Directive 2002/58/EC. The ePR will align Europe’s ePrivacy regime more closely with privacy regime set out in the General Data Protection Regulation (GDPR). The GDPR took effect on 25 May 2018.” Amendments to three articles are discussed.

 

  • On Fridays, I try to provide some thought pieces and primer sorts of stuff. So, here’s Artificial intelligence definitions – upgrade your AI IQ, a good, pretty comprehensive, set of introductory definitions.

 

  • From Casepoint’s David Carns, here’s an interesting overview of the general implications of legal tech for “Law 3.0.” “(W)hile the Law 3.0 technology stack enables the digital transformation of real business processes and workflows, it does not replace those processes and workflows. It enhances them. It gives legal practitioners a big boost in speed and efficiency, but it will never replace the people who are practicing law.” Hmmm. Some might disagree.

 

Blockchain

  • “Commonwealth Bank of Australia and the World Bank have claimed the world’s first bond to be created, allocated, transferred, and managed via blockchain.” “According to CBA, the “$AUD Kangaroo bond”, Blockchain Offered New Debt Instrument (bond-i), which uses a private Ethereum blockchain, was created, allocated, transferred, and managed through its life cycle solely using distributed ledger technology. The two-year bond raised AU$110 million.” More here.

 

  • From Artificial LawyerPwC Legal Switzerland Joins the Global Legal Blockchain Consortium. “PwC Legal Switzerland has been exploring the impact of blockchain technology on various industries and ‘recognises the transformative potential of blockchain in the legal sector’.”

 

  • From Loeb & Loeb: Mini Law Lesson: What the Heck is Blockchain? It’s a five-minute video. (Focus on the content, not the production values.) Very high level.

 

  • Bob Ambrogi posted this Access-to-Justice news: Legaler Raises $1.5M To Build Blockchain To Help Bridge Justice Gap. Australia seems to do more than just about any other country re A2J tech.

 

  • Here’s Volume 34 of K&L Gates’ Blockchain Energizer. If you’re really interested in news about blockchain and law, you should be following these posts.

 

  • DWF’s Dominic Watkins contributed this brief post to the UK’s Food ManufactureLegal implications as blockchain disrupts food.
  • From Jim Baker via Lawfare: Artificial Intelligence – A Counterintelligence Perspective: Part I. “…AI and the entire technological ecosystem in which it functions are highly valuable to private-sector organizations and nation-states. That means that nations will try to identify, steal, and corrupt or otherwise counteract the AI and related assets of others, and will use AI against each other in pursuit of their own national interests. And that presents the United States and its allies with a classic counterintelligence problem in a novel and high-stakes context….” This is a deep dive.

 

  • Lex Machina‘s Josh Becker prepared this look at the “…three primary categories of legal analytics that relate to legal workflows: litigation, regulatory compliance and transactions.”

 

  • To find out how AI is being used in the deal process and how proficient dealmakers need to be in order to successfully implement and evaluate the technology, Mergermarket asked three law firm partners, a professor at the Kellogg School of Management and a vendor, “What other kinds of machine learning or artificial intelligence applications are there to assist in the dealmaking process at present? What sorts of tools can you envision being created in the future?” Here’s what they said.

 

  • Lexology posted this blog post reporting what a few law firms are doing with AI and the benefits/impact they expect.

 

  • Press release: “CPA Global®, the Intellectual Property (IP) services and technology market leader, today announces the acquisition of Filing Analytics and Citation Eagle, two leading IP data and analytics software solutions, from Practice Insight, a wholly owned subsidiary of IPH Ltd.”

 

  • Here’s an interesting spin on the idea of a Smart Contract from William S. Veatch, a partner at Reed Smith, a “Data Contract.” “The essence of the Data Contract is that the terms of the contract are stored in a database at both the Clause Level and the Idea Level.”

And in this post, Artificial Lawyer interviews Reed Smith’s Bryon Bratcher to explore the firm’s tech strategy, including products they are offering to other law firms.

 

  • More about Smart Contracts. Artificial Lawyer reports that “Smart contract company, Clause, has partnered with a leading NFC (near field communication) company to link it to its own self-executing legal contracting technology. The move is in line with some of the earliest work of Clause, which related to picking up signals from the environment that could trigger elements of a smart contract.” Much more here.

 

  • Rob Galaski, Deloitte Global Banking & Capital Marketing Consulting leader, recently said: “AI is rapidly reshaping the attributes necessary to build a successful business in financial services. As AI drives operational efficiency, economies of scale alone will not sustain cost advantages. In the future, financial institutions will be built on scale of data and the ability to leverage that data. Increasingly bifurcated markets are already emerging where data sharing is critical to competitive success and first movers are positioned to distinguish themselves by delivering better advice, constant presence, and curated ecosystems. Firms that lag behind are finding that their old strengths may not keep them as competitive as they once were.” This seems to me completely relevant to law firms and their clients.

 

  • I have posted about the US’ tightening of controls around tech exports including AI. This post from MoFo reports that EU members are doing the same.

 

  • From Artificial Lawyer: LawDroid, has launched a new voice-activated functionality in a joint venture with US attorney Patrick Palace, that is designed to integrate exclusively with Clio’s practice management software. The new system will offer lawyers the ability to use voice commands to:
    • Dictate notes, schedule appointments, and create tasks
    • Have LawDroid Voice read out to you your schedule for the day
    • Populate data into Clio to eliminate data entry duplication.

 

  • Is AI The Great Equalizer For Small Law? According to this post in Above the Law from Casetext’s Jake Heller, “yes”. “…(T)he 85 percent of lawyers at smaller law firms have been adopting, using, and thriving on artificial intelligence technologies. And they have been using AI to level the playing field, diminishing or eliminating what were once the resource and staffing advantages at the bigger law firms.” It’s an interesting argument.

 

  • Holland & Knight postedFTC Announces Plans to Hold Roundtables on Consumer Protection and Competition Issues – Privacy, Data Security, Big Data and the Use of Artificial Intelligence Figure Prominently. “The FTC designated a total of 11 topic areas it will focus on and included a series of questions that it would like the public to comment on and participate in. Consumer privacy issues along with data security, the use of Big Data, artificial intelligence (AI) and predictive analytics figure prominently in the list of main topics the FTC has indicated it will review and analyze….”

 

  • Access to Justice: Artificial Lawyer reports that: German expert system, Bryter, is to build consumer-facing legal applications in a partnership with the Humboldt Consumer Law Clinic (HCLC) at the Humboldt University of Berlin. … The project will have a double benefit, in that students will get to know how to use an expert system such as Bryter, while also creating outward-facing applications that may be of use to consumers with legal needs and access to justice challenges.” More here.

 

Blockchain

 

  • In this sponsored post, Steptoe & Johnson PLLC’s Dan Nossa and Kristian White explain: How blockchain technology could alter the real estate business.
  • I have a good excuse (well, kinda) for posting a link to the full text of yesterday’s Nelson Mandela Speech by Barack Obama. And here’s the video. (It’s more than an hour long.) “And the biggest challenge for your new president when we think about how we’re going to employ more people here is going to be also technology, because artificial intelligence is here and it is accelerating, and you’re going to have driverless cars, and you’re going to have more and more automated services, and that’s going to make the job of giving everybody work that is meaningful tougher, and we’re going to have to be more imaginative, and the pact of change is going to require us to do more fundamental reimagining of our social and political arrangements, to protect the economic security and the dignity that comes with a job.”

 

  • Another Big Law “Skunkworks:” Clifford Chance