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AI Empowering Your Law Practice: From Selecting a Tool to Partnering with a Vendor - NOT CLE


Level: Intermediate
Runtime: 57 minutes
Recorded Date: January 29, 2024
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Available with Legal Industry Bundles Only. Learn More


Agenda

Learning objectives:
  • Learn how to evaluate AI solutions, including Generative AI solutions and their underlying models to ensure optimal investment
  • Understand key tenants of forming a data strategy that are a critical foundation for successful AI application
  • Learn best practices for finding a vendor to partner with and maximize your existing relationship
Note: This program is NOT accredited for CLE in any jurisdiction.
For NY - Difficulty Level: Both newly admitted and experienced attorneys

Description

AI is having its moment this year with the arrival of the user-friendly ChatGPT interface and it seems that everyone is racing to adopt AI solutions. Confronting this AI tidal wave can be daunting. This program examines how to evaluate AI-enabled solutions, including the large language models of Generative AI to ensure optimal investment.

Forming a data strategy is critical to developing an AI enabled environment, and our program covers the main tenants to developing a data strategy in your organization. You will learn how to identify your "North Star" as you look to leverage data and what data initiative have the highest value proposition by using a structured framework for evaluating AI use cases.

This session also covers how to assess the potential risks and benefits, prioritize the best use cases to optimize value for your firm and how to develop an AI-driven innovation plan that aligns with your firm's strategic plan and data strategy. We will also hear from 2 vendors on best practices for partnering with them and others.

This program was recorded as part of Law.com's Legalweek Conference on January 29, 2024.

Provided By

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Panelists

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Joseph Breda

President
Bloomberg Law

Joe Breda is president of Bloomberg Law, where he is responsible for driving the growth of the company’s legal products, including its flagship Bloomberg Law platform.

Joe joined Bloomberg LP's engineering group in 2009 to work on Bloomberg Law and has held various engineering and product management leadership roles over the past decade. He is a frequent speaker on legal technology and, in 2023, was selected among Fastcase’s 50 legal innovators, visionaries, and leaders.

Prior to joining Bloomberg LP, he practiced law for nearly 14 years. Breda has a BS from SUNY College, Brockport and a JD from Albany Law School of Union University.

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Elaine Dick

Knowledge Management Manager
BakerHostetler

As the Knowledge Management Manager on BakerHostetler’s IncuBaker team, Elaine Dick works closely with technologists, researchers, data professionals and legal professionals to help the firm’s attorneys work smarter by enhancing the legal services they provide through technology. With document automation, data lake projects, software evaluation, generative AI and more, Dick strives to uphold BakerHostetler’s standing as a cutting-edge law firm. A lawyer by training, her diverse work history includes customer success, legal research, and vendor experience. Her previous roles give her the perspective to creatively craft solutions based on individual circumstances while keeping all stakeholders satisfied. Her passion for diversity, equity, and inclusion is evident in her approach to every situation and was recently recognized when she was awarded the Cheryl Disch DEI Scholarship to the 2023 ILTACON.

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Katherine Lowry

Chief Information Officer
BakerHostetler

Katherine Lowry serves as the Chief Information Officer for BakerHostetler. She has a proven track record in aligning business strategy and digital imperatives to deliver critical solutions to law firms and corporate legal departments, creating operational stability, reducing highly manual workflows, operationalizing risk management, gaining competitive advantages through transformation, and creating data enriched client experiences by embracing innovative strategies. Lowry is an award-winning thought leader for execution of complex initiatives, maximizing high-performing team capabilities, inspiring creativity to navigate challenging situations while continuously achieving extraordinary outcomes through ingenuity, collaboration, and scaling of services to support secure enterprise growth, and organically through mergers and acquisitions. Recently, Lowry was recognized as the 2022 Most Innovative Intrapreneur at the Financial Times Innovative Lawyer Awards for using IT as a business enabler through her role in co-creating and leading IncuBaker, one of the first captive ALSP’s focused on legal innovation and legal tech consulting serving corporate legal departments and their digital transformation, privacy management, data initiatives, and use of emerging technologies such as Generative AI.

Katherine was also elected to the Fellows-Elect Class of 2022 for the College of Law Practice Management and selected by Relativity for its first annual list of AI Visionaries in 2022. She serves as Co-Chair of the Emerging Technology team of BakerHostetler’s Digital Assets and Data Management Group and leads the firm’s legal technology consulting and innovation team, IncuBaker, which is known for helping lawyers navigate the intersection of digital business, emerging technology and the law. This team serves corporate legal departments across every industry to support their digital transformation, privacy management and data initiatives.


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