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Legaltech News

LexisNexis and Thomson Reuters Weigh In on the Future of AI in Legal Research

The recent acquisition of Casetext by Thomson Reuters has raised many questions about the future of generative AI in legal research. Here, LexisNexis and Thomson Reuters weigh in on issues including build vs. buy, which LLMs to use, securing AI talent and more.
11 minute read

Law.com

4 Pitfalls To Avoid In Legal Operations (and How to Deal With Them)

For legal stakeholders seeking to take their existing legal operations programs to the next level or start new programs from scratch, there are a few all-too-easy traps that can stunt growth, cost political capital and cause headaches. Having a strategic plan, budget and critical executive buy-in is not enough to avoid these four common issues.
8 minute read

Corporate Counsel

The Glass Is Half-Full: Using a Data First Approach to Create Value and Reduce Risk

A majority of companies today would likely say its people are its most important asset. If we take this to be true, then our corporate data is arguably the next most important asset as it encompasses all the information we store about the company and how it operates.
7 minute read

New York Law Journal

ChatGPT: To Use or Not To Use—That Is The Question!

The recent incident of an attorney using ChatGPT to conduct legal research which led him to file a motion filled with citations to non-existent cases has focused attention on the use of AI natural language models in the legal world.
7 minute read

Legaltech News

4 Ways Generative AI Will Affect Legal Tech Markets

Generative artificial intelligence is likely to have growing influence on how the legal technology markets expand and operate.
1 minute read

The Recorder

California Judiciary Fares Well in New State Budget

Lawmakers also sent Gov. Gavin Newsom a budget-related bill that would extend authority to use remote proceedings in civil cases through 2025.
3 minute read

The American Lawyer

AI Will Threaten Law Firm Jobs, But Innovators Will Thrive

"If this technology is going to work the way that we think it will, positions will be eliminated," said Linda Novosel, chief innovation and value officer at Blank Rome.
8 minute read

Legaltech News

Despite Growing Tech Challenges, Legal Departments See Legal Tech as More Essential 

Tech purchase cycles are getting longer at legal departments as the dependence on tech is growing, according to the 2023 Legal Technology Survey from Exterro and the Association of Corporate Counsel (ACC).
3 minute read

Law.com

Plan to Protect Cybersecurity for Employees Before Day One

With new employees come new risks; from aspiring insider threats that intend to join a target to extract sensitive information, to insecure processes being exploited due to too much trust being placed in candidates and new hires.
11 minute read

Corporate Counsel

Top 10 Legal Department Budget, Staffing and Spending Trends in 2023

After emerging from the COVID era, organizations must now contend with a "triple squeeze" of compounding pressures in 2023 consisting of high inflation, scarce and expensive talent, and global supply challenges. In this article we share 10 key insights - grouped into four broad categories - that GCs must take into consideration as they make spending, staffing, and structure decisions.
5 minute read

Resources

  • 2024 Trends Report Mid-Year Special Edition: Update on Outside Counsel Billing Rates

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