As machine learning and artificial intelligence find traction within legal tech, they've found a fairly natural home in contract management work.
In many ways, contracts provide perfect fodder for innovation and expansion of artificial intelligence (AI) into the legal world. Contracts are often mechanical, highly organized and filled with boilerplate language. They can also be exceedingly long and unwieldy, taking huge amounts of time and resources for attorneys to parse the content of a contract...
The United States Court of Appeals for the Ninth Circuit has issued a decision stating a law firm’s client may pursue a legal malpractice case against her former attorneys despite that she was unable to pay her share of mandatory arbitration expenses. In Tillman v. Rheingold, Valet, Rheingold, Shkolnik & McCartney, No. 13-56624 (9th Cir., June 15, 2016), a woman, Tillman, signed a retainer agreement with a law firm, Rheingold, Valet, Rheingold, Shkolnik & McCartney (“Rheingold”),...
Global law firm Dentons has teamed up with applied AI developer RAVN Systems to examine contracts that could be affected by Britain’s exit from the EU and its legal and regulatory umbrella.
The project has been undertaken via Dentons’ technology development company, Nextlaw Labs.
In a joint statement Dentons and RAVN said: ‘The technology automatically reviews high volumes of contract documentation to identify provisions that could potentially be impacted by the UK’s secession from...
Scholar and lecturer Susskind predicts that artificial intelligence in law will take off in the 2020s.
Among those curious about the technology’s impact on the profession is Richard Susskind, a scholar and lecturer whose work includes “The End of Lawyers?: Rethinking the Nature of Legal Services.’” In his view, AI “really takes off” in the 2020s, and until then won’t go mainstream. And while he finds it funny that lawyers think “AI is on the way” for them in the next few years,...
Could you expand on why law firms which wait too long to adopt AI will lose out?
AI has the power to vastly improve project execution be it from a time, cost or ‘accuracy’ standpoint. This in turn enhances a law firm’s value proposition and as such improves their chance of winning business.
In the first instance AI may be seen as a differentiator in a world of relatively homogenous service offerings.
Richard Belgrave, UK Managing Director of LEVERTONAlso, as is especially true...
This is a new article by Professor Katrina Lee (Ohio State) describing how she uses email as a way to help her students develop analytical writing skills. The article called Process Over Product: A Pedagogical Focus on Email as a Means of Refining Legal Analysis is available at 44 Capital L. Rev. 655 (2016) and on SSRN here. From the abstract:
The prevalence of emails in law practice alone provides a compelling reason for assigning emails in the 1L legal writing course. Law students should learn...
Research by UK-based legal directory The Legal 500 has found that over 50% of General Counsel (GC) believe AI will have some impact on their inhouse teams within five years.
However, around 7% still believed AI would have no impact at all, now or in the future. That said, if one factors in those who were unsure, then around 80% of GC believe there will be some impact from the use of AI.
Fundamentally, using applied AI for cognition, extraction and then transforming the data into meaningful...
The British Sparkol offers “8 Classic Storytelling Techniques for Engaging Presentations.” Some work for writing while other are more suited to oral presentations.
Some are familiar, like “the hero’s journey.” Others are less familiar, like “nested loops.” Each comes with an explanation and examples. You can access the material here.