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June 03, 2024 | Legaltech News

Nervous System: The ELIZA Effect

The first chatbot, ELIZA, was created by Joseph Weizenbaum at MIT in the 1960s as a Rogerian-style "psychotherapist" using natural language communication.
6 minute read
June 03, 2024 | The American Lawyer

K&L Gates Joins Orrick in Offering Gen AI Training for Summer Associates

Law firms are hoping an early introduction to generative AI will make next year's incoming associates more excited about using the technology.
3 minute read
June 03, 2024 | Legaltech News

LexisNexis Announces Agreement to Acquire Contract Drafting Startup Henchman

On completion of the acquisition, LexisNexis plans to immediately incorporate Henchman's document enrichment capabilities into products such as Lexis+ AI and Lexis Create.
4 minute read
June 03, 2024 | Corporate Counsel

Feds Using Data Analytics to Turbocharge Insider Trading Enforcement

"There are very powerful tools out there that the government is using, and they're clearly going to get better and better," said Shannon Eagan, a partner at Cooley.
5 minute read
June 03, 2024 | Legaltech News

Scratching the Entrepreneurial Itch: Linklaters' AI Head On Becoming a Partner and GenAI Hallucinations

Shilpa Bhandarkar sits down with Law.com International to discuss being entrepreneurial in law, having a non-linear career path and relying on the women in tech community.
7 minute read
Law Journal Press | Digital Book Anatomy of a Merger: Strategies and Techniques for Negotiating Corporate Acquisitions Authors: James C. Freund View this Book

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June 02, 2024 | Legaltech News

Gen AI Adoption Is Taking Off. Law Firms Are Finally Ready

This is good news, especially in an industry that is not known for readily embracing change. But in truth, firms don't really have a choice, writes The Global Lawyer.
8 minute read
May 31, 2024 | Legaltech News

Legal Tech Rundown: Axios Reporter Joins RobinAI, Wolters Kluwer Launches AI Center, and More

An update on the legal tech market's past week, from product launches to new partnerships.
4 minute read
May 31, 2024 | Corporate Counsel

AI Startups Rely on Tech Giants Even as They Fear Their Dominance, Complicating Antitrust Debate

"We need to partner with hyper-scalers for computing, for distribution, for almost everything. And if we cannot do that, there is a risk that we just do not exist," said Blanche Savary de Beauregard, general counsel at the AI startup Mistral.
6 minute read
May 30, 2024 | Legaltech News

Gartner Predicts Legal Tech Market Will Hit $50 Billion by 2027. Is That Realistic?

A report by Gartner predicts that generative AI will fuel a rapid rise in legal tech spending over the next few years. But some aren't so sure the technology can boost the market that far, that fast.
6 minute read
May 30, 2024 | Legaltech News

KKR Fund Acquires Majority Stake in CLM Provider Agiloft

As a part of the deal, FTV Capital will make an additional investment in the company, and JMI Equity, a growth equity firm focused on investing in software companies, will join on as a new investor.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.