• 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.
  • 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.
  • Ron Friedmann has pulled together pieces from three WSJ articles to offer a bit of a plan for improving value to clients, and hence to the law firm. His thesis combines considerations of Customer Lifetime Value (CLV), Productivity, and Big Data.

 

  • This, from Eran Kahana of Stanford Law School: Artificial Intelligence and Computational Law: Democratizing Cybersecurity. “An effective solution to a new problem has to incorporate different thinking, an epistemic reconfiguration, if you will. It is a thinking that manifests in novel tools, combined with effective deterrence in the form of penalties for non-compliance. But going back to the different-thinking variable, I think that a good part of an effective solution is available in shifting focus from regulatory efforts to end-user empowerment, essentially enabling end-users to become smarter consumers in the Internet + ecosystem.”

 

  • Robert Bond and Hannah Crowther of Bristows postedEthics and Data Privacy. “The 40th International Conference of Data Protection and Privacy Commissioners has released a Declaration on Ethics and Protection in Artificial Intelligence. In it, the Conference endorsed several guiding principles as “core values” to protect human rights as the development of artificial intelligence continues apace. The Conference called for the establishment of international common governance principles on AI in line with these concepts. As an initial step toward that goal, the Conference announced a permanent working group on Ethics and Data Protection in Artificial Intelligence.” “Even if Scott McNealy was right in 1999 (when he reportedly said, “You have zero privacy anyway – Get over it.”), individuals deserve respect for their privacy. This respect does not always have to be imposed by law, but should be a matter of integrity and ethics.”

 

  • Richard Jeens and Natalie Osafo of Slaughter and May posted this via Artificial Lawyer: Using AI for Regulatory Investigations. “In this post, we consider and share our views on the opportunities, limitations and future uses of AI for investigations.” “…(AI) is not a panacea. At the moment, significant resource can be required to compensate for AI’s limitations, which are amplified by the unpredictable nature of investigations, and the evolving data protection position.”

 

  • This, from Mintz’ Rodney L. WhitlockStrategies to Unlock AI’s Potential in Health Care, Part 4: How and When Will Congress Act? “Currently, there is no sense that Congress will actively engage in legislative oversight of AI in the immediate future – the lack of movement on the existing bills combined with the overall lack of more targeted legislation are evidence of this. However, we are able to identify potential circumstances that could spur the House and the Senate to get involved.”

 

  • Also from Artificial Lawyer: “Legal marketplace pioneer, Lexoo, will use some of its recent $4.4m funding to develop its own legal tech applications to support the lawyers who work through the platform and to provide a deeper infrastructure for them to use on client matters. Such tools, e.g. that can support corporate deal work, will also mean that individual lawyers, or lawyers based in smaller firms, will already have some tech tools on hand to leverage their skills and do more for the clients, and work more efficiently.”

 

  • And finally from Artificial Lawyer: “Pittsburgh-based tech startup Three10 Solutions has bagged a $250,000 angel investment to continue development of its AI patent concept search system, named Dorothy. It is also looking for design partners to join the project. Its central idea is that unlike some other systems, it uses NLP to do conceptual searches for similar products, rather than depending just on key words, which are rarely sufficient for a detailed analysis.”

 

  • I wasn’t aware of Australia’s Law in Order until today. Their website provides several useful pieces of content includingThe Importance of Having an eDiscovery Expert on Your Side. Of course, they are promotional, but interesting nonetheless.

 

  • From Legaltech newsArtificial Intelligence: Useful—But Risky, Deloitte Survey Says. “Four out of 10 executives are concerned about the legal and regulatory risks of artificial intelligence, according to a recent Deloitte survey. Lawyers shared with Legaltech News the concerns they’ve heard and gave suggestions to address those risks.”

 

Blockchain

  • From DentonsUK: Manufacturing The Future: Applying Blockchain To The Manufacturing Supply Chain.

 

  • From Howard KennedyBlockchain is not the answer to money laundering… yet. “There is no reason existing regulations should stifle the progress of blockchain in this area. If regulators can create shared platforms, then they could dramatically improve AML measures for financial services while reducing the cost of compliance. It may even result in an internationally recognised digital client-identity forum. But clearly there is work to be done.”

 

  • Korean, Singaporean Firms Form Consortium to Create a Global Healthy Blockchain Ecosystem. “Some of the biggest blockchain-focused companies, as well as one law firm, have formed a consortium to create a “healthy blockchain ecosystem” as well as develop several dApps that are strategically focused on South Korea and Singapore.” Details here.
  • I can’t wait to see a demo of this. Neota Partners With Legal Consultants for AI-Based Billing Tool. “Neota Logic and legal pricing consultants Burcher Jennings and Validatum teamed up to launch Virtual Pricing Director, a collaboration years in the making.”

 

  • Here’s more news from Neota Logic: Legal tech education: Neota partners with three new universities. “Neota Logic will today (19 October) announce three new education partnerships, with The University of Limerick, Ulster University and London South Bank University, which has launched a new law and technology option for students. Over the course of a semester, students at these schools will learn how to design, build and test digital legal solutions that solve a specific access to justice problem.”

 

  • Slaughter and May expands scope of its technology entrepreneurs programme. “The first two cohorts of the programme, originally named Fintech Fast Forward, focussed on UK-based start-up and high growth companies operating in the fintech sector, including paymentstech, insurtech, regtech, data analytics and AI. Under its new name, Fast Forward, the programme will be expanded to cover young companies operating in a diverse range of emerging technology sectors including IOT, cryptography, cyber, robotics, machine learning and DLT, as well as fintech.” More here.

 

  • Corrs postedAlong for the Ride: Considering the Legal and Practical Consequences of Self-Driving Vehicles. “If you’re over seven years of age – and have completed an online registration process – you can be part of Australia’s first Automated Vehicle Trial, by taking a ride on the Royal Automobile Club of Western Australia (RAC) Intellibus, a fully automated, electric shuttle bus launched on public roads with the support of the WA State Government and the City of South Perth.”

 

  • Gavelytics Partners with CourtCall, Expanding Judicial Analytics to New States, Markets. “Remote court appearance provider CourtCall will offer a ‘simplified version’ of Gavelytics judicial analysis as it expands to Florida, Texas and California.” Details here.

 

  • From LittlerWhat Construction Attorneys Need To Know About AI. (Subscription required.)

 

  • This post isn’t as “legal” as the title might suggest, but it’s an interesting consideration. Artificial intelligence — Who is responsible for the outcomes?

 

  • Thomson Hine postedDepartment of the Treasury Releases Interim Rules Expanding Scope of CFIUS and Creating Pilot Program for Certain Transactions. “While the text of ECRA does not define the term “emerging and foundational technologies,” the following industry sectors could be included: artificial intelligence….”

 

  • Neil Rose postedNew tech demands code of “cyber ethics” for lawyers.

 

  • More from the Mintz seriesStrategies to Unlock AI’s Potential in Health Care, Part 2: FDA’s Approach to Protecting Patients & Promoting Innovation. “Artificial intelligence—AI—is the future of everything. But when patient health is on the line, can we trust algorithms to make decisions instead of patients or their health care providers? This post, the second in our blog series about AI in health care, explores FDA’s proposed regulatory model that is supposed to be better suited for AI (and similar technologies) while still protecting patients.”

 

  • This from HR Daily Advisor: “Like it or not, it’s time to prepare your employees for the fourth industrial revolution, where automated technologies and artificial intelligence are becoming mainstream. Below is more information about what you can do to accomplish this as an L&D professional.”

 

  • From WombleA.I. in the TCPA Crosshairs: TCPA Class Action Challenges Hotel’s Use of IVY Concierge Artificial Intelligence SMS Platform.

 

  • This from the International Association of Privacy Professionals: Perspective: Should robots have rights? “(California) Bill 1001 implicates a hitherto-abstract, philosophical debate about when a simulation of intelligence crosses the line into sentience and becomes a true artificial intelligence.”

 

  • This 5-minute podcast is from Shook Hardy: Can Robots Be Sued? Q&A With Cory Fisher.

 

  • Fully digital conclusion of contracts via Alexa becomes possible for clients of insurtech firm Deutsche Familienversicherung. “Customers can now not only receive advice from Alexa, but can also simultaneously conclude an insurance contract within only a few seconds.” Story here.

 

  • At least in the UK: “There may need to be some coverage disputes before professional indemnity (PI) insurers work out how to deal with bad advice given by artificial intelligence (AI) systems used by lawyers, a leading City firm has warned. It said the widespread use of technology that utilised AI ‘contributes to additional complexity and uncertainty for insureds and insurers when assessing risk and apportioning liability’. More here.

 

  • From Legal Futures: Law firms look to leverage data in battle with new providers. “Law firms big and small are increasingly viewing artificial intelligence (AI) software and particularly the exploitation of data as integral to business health, a survey has found. The annual law firm benchmarking survey by accountancy and consultancy firm Crowe, also found a growing fear of non-lawyer legal services providers, especially among City firms.” I could not find the survey methodology, so let the reader beware.

 

  • “Above the Law and Thomson Reuters present Big Data and the Litigation Analytics Revolution, the fourth and final installment of our Law2020 series, a multimedia exploration of how artificial intelligence and other cutting-edge technologies are reshaping the practice and profession of law.”

 

  • From Artificial Lawyer:
    • “Global legal tech company, Thomson Reuters (TR), has partnered with contracting automation platform Synergist.io, in a move that will see the Germany-based startup integrate with the well-known Contract Express document automation system.” Story here.
    • We Are All Lawyers Now – The Rise of the Legalish. Interesting perspective here.
    • Language and Machine Learning – A Lawyer’s Guide. Post by Johannes Stiehler, CTO, of text analytics company Ayfie
    • More A2J news! California Starts Special Task Force on A2J Tech, Legal AI Founder Joins.

 

Blockchain

  • China’s Internet Censor Releases Draft Regulation for Blockchain Startups. ” The Cyberspace Administration of China (CAC) published a draft policy on Friday, called “The Regulation for Managing Blockchain Information Services” and is now looking for public feedback before it will take effect.” Story here.

 

 

  • What Carl Sagan has to do with regulating blockchain smart contracts. “If policymakers seem flummoxed by the rise of cryptocurrencies, wait until they get to smart contracts. Just ask Brian Quintenz, commissioner for the US Commodity Futures Trading Commission. At a conference in Dubai this week, Quintenz expressed a sense of awe at the vast unknown that blockchain-based computer programs have created for his agency. “Post here.

 

  • Blockchain developments in Nashville:
    • “Stakeholders in the creation, growth and connectedness of blockchain- or distributed ledger-enabled jobs and wealth creation in Tennessee gathered twice within the past 24 hours with representatives of Tennessee Economic and Community Development (ECD) to explore the technology’s status, the state’s competitive assets and its potential strategic options.” “A nonprofit organization is to be formed to support the collaborative’s aims, according to Waller Lansden attorney Kristen Johns, who is the prime mover in this emerging initiative. Waller cosponsored the event with Brooklyn-based Consensys, a distributed-ledger-oriented tech company.” More here.
    • And check out Tokenize Tennessee here.

 

  • 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 Systems’ legal AI software to increase efficiency in contract review.”

 

  • Also from Artificial Lawyer, Casetech “has announced a partnership” with O’Melveny to use CARA for litigation support. Details here.

 

  • Here’s a good introduction to using Blockchain technologies to secure AI data.

 

  • This post about client feedback by Michael R. Caplan, COO at Goodwin Procter mentions data security issues related to learning from one client’s data to the benefit of other clients. “Is It Client Data or Attorney Work Product?” Interesting concern.

 

  • Next Tuesday (April 10), I will have the privilege of participating on a panel with:

Kimberly Bell (Head of Operations – Legal/External Affairs Nissan Group of North America),

Patrick Fuller (Senior Director of Legal Intelligence ALM), and

Brian Kuhn (Co-Founder and Leader of IBM Watson Legal Solutions Partner, IBM Industry Platform)

at the Legal Marketing Association Conference in New Orleans. Our topic will be How Legal Departments Are Leveraging Artificial Intelligence and the Impact on Law Firms.

 

  • Very coolGot an Ethics Question? At This Company, Employees Just Ask the Chatbot. “Just a couple of years ago Convercent was a company that built technologies for compliance and ethics officers, but didn’t have a compliance officer of its own. Now Katie Smith has changed all that, and brought her own innovations to the job, including an interactive compliance website and an ethics “chatbot” named Cooper.”

 

  • Another small bit of progress as the US Congress “announced the establishment of the Congressional Artificial Intelligence Caucus. The Caucus will bring together experts from academics, government, and the private sector to inform policymakers of the technological, economic and social impacts of advances in AI.”

 

  •  AI is being used more and more in stock selection and trading. Here’s a recent example.

 

  • I’ve posted several times about AI-driven police surveillance in the Middle East and Asia. Here’s an update regarding such activities in the USA.

 

  • “A new documentary Do You Trust This Computer? is making its world premiere Thursday at the Regency Village Theater in Westwood, with its timely exploration of the rise of artificial intelligence and the potential perils of thinking machines.” “Some of the most influential figures in technology weigh in on artificial intelligence and talk about possible outcomes, including Google Brain founder Andrew Ng, Affectiva CEO Rana el Kaliouby, Osaka University professor Hiroshi Ishiguro, entrepreneur Elon Musk, OpenAI director Shivon Zilis and Westworld co-creator Jonathan Nolan.”