• 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

  • If even you’re casually interested in AI, check out this list of the biggest AI milestones achieved in 2018. E.g., from Microsoft: “Hitting human parity in a machine translation task is a dream that all of us have had. We just didn’t realize we’d be able to hit it so soon.”

  • From Shearman & Sterling: “Shearman & Sterling today launched “the FinTech Foundry,” a program dedicated to supporting the FinTech-related activities of their clients and the wider global FinTech ecosystem that consists of financial institutions, FinTech start-ups, accelerators and incubators, venture capital and private equity investors, and policymakers. Blockchain, crypto assets, big data and

  • From Above the Law, Patrick Fuller’s thoughts on law firms’ obstacles to adoption of AI-based technologies. “The biggest obstacles for getting firms to adopt AI tend to be combinations of different factors — most notable are attorney compensation structure, the matter’s fee arrangement, and the practice area as well.” More of Patrick’s thoughts and findings