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Legaltech News

Combating Legal Burnout: Harnessing Technology to Optimize Efficiency and Alleviate Industry Challenges

It is crucial for law firms to consider their ability to streamline general document and record retrieval processes and maintenance. Doing so will result in significant time savings, ultimately reducing industry burnout and enhancing work-life quality and balance.
5 minute read

Legaltech News

Former FBI Cyber Expert: For Law Firms, Business Email Compromise Should Be 'Front of Mind'

With ransomware attacks and cyberthreats proliferating, former special agent of the cyber division at the FBI Tim Gallagher told Legaltech News that generative AI is poised to make the security environment much trickier for law firms and business.
5 minute read

Legaltech News

Preparedness Is Key: It's Time for a Yearly Check-In on Your Business Continuity Plan

Being prepared means your firm can continue to serve clients and generate revenue, whether the next crisis is natural, like the pandemic or a wildfire, or human-created, like an unintentional security breach.
6 minute read

Legaltech News

Clio Ventures' Recent Investment Lesson: 'We Underestimated the Amount of Innovation' in Legal Tech

After launching in 2021, Clio Ventures, Clio's legal tech investment arm, recently participated in its second and third funding rounds over the past few weeks. 
6 minute read

Legaltech News

Gen AI Could Disrupt Legal Tech Procurement Cycles—and Squeeze the Market

Legal technology vendors operating outside of the generative AI bubble could find themselves having a harder time breaking through firms' lengthy procurement processes—especially as many firms are laser focusing on the new technology.
4 minute read

Legaltech News

The Next Iteration of Technology Assisted Review (TAR) as a Reincarnation of Human Review

Understanding the capabilities and limitations of new AI tools will be helpful for lawyers and legal professionals looking to improve efficiency in advising and supporting their clients, as AI has the potential to learn how we communicate and become a virtual assistant in the practice of law.
18 minute read

Legaltech News

Amid Generative AI Boom, Law Firms' Metaverse Offices Stuck in 'Holding Pattern'

Law firms eagerly invested in the metaverse in 2021 and 2022. But since then, high costs to entry are keeping the audience for such virtual services stagnant.
4 minute read

Law.com

AI Considerations for In-House Counsel

Having an AI policy that outlines acceptable use, and documenting assessments that establish that AI systems are used in a manner consistent with the policy and that the benefits outweigh potential harms, can go a long way in managing legal and reputational risk.
17 minute read

Legaltech News

New AI Tool Could Aid in Unlocking the Mysteries of AI-Based Legal Reasoning

OpenAI has released a new AI tool intended to aid researchers in exploring and ascertaining how generative AI such as the widely popular GPT apps can deeply analyze text and fluently interact in a human-like manner. This tool is a handy means to also examine how generative AI can undertake legal tasks and seemingly perform AI-based legal reasoning.
6 minute read

Legaltech News

Generative AI Is Likely to Change the CLM Market

Generative AI tools' coding capabilities may lead to further proliferation of CLM startups. But some argue that, with a dearth of funding, many could become fodder for a significant consolidation wave in the market.
5 minute read

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

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