Artificial intelligence (AI) continues to advance and permeate various industries, and the legal profession is no exception. But the boundless opportunity presented by AI also raises questions for legal professionals: namely, will AI replace paralegals?
According to the 2024 Legal Trends Report, 69% of hourly billable work performed by paralegals could be automated by
CFPB Finalizes Open Banking Rule
On October 22, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued its final rule implementing Section 1033 of the Dodd-Frank Act (the “Final Rule” or the “Open Banking Rule”), granting consumers greater access rights to the data their financial institutions hold. Although there are some differences, the Final Rule largely tracks the Proposed Rule announced
Three Takeaways From NetDocuments’ Inspire 2024: GenAI, One Stop Services and BTW, We Need to Talk
The NetDocuments user conference, Inspire 2024, took place in Atlanta this week. NetDocuments is a sophisticated cloud-based document management system. It offers an end-to-end platform for document and email organization and management. NetDocuments has over 7,000 customers globally.
Three things stood out from the Conference.
- NetDocuments is positioning itself to be a player in
Tech Snippets Today – Perry Carpenter – Chief Human Risk Management Strategist – KnowBe4
Today, any image, video, or audio can be fabricated to extent that it is nearly, or almost impossible to tell. This show focuses on how we can combat AI deepfakes, deception and disinformation. My guest Perry Carpenter – Chief Human Risk Management Strategist at KnowBe4 has written a book, “FAIK: A Practical Guide to Living
Using AI in Case Management: The Perfect Early Use Case for Your Law Firm
While the hype around artificial intelligence (AI) for legal has been present for years, many law firms and litigation departments are still in the early stages of assessing, adopting, and implementing AI solutions. As legal teams explore ways to incorporate AI, approaches and results vary. However, early indications from industry leaders and research suggest that
Article: EU AI Act: first regulation on artificial intelligence
The use of artificial intelligence in the EU will be regulated by the AI Act, the world’s first comprehensive AI law. Find out how it will protect you. Table of contents AI Act: different rules for different risk levels Transparency requirements Supporting innovation Next steps More on the EU’s digital measures This illustration of artificial
Alexi Rolls Out Expansion of its AI Platform for Litigators and Details Plans to Further Expand Across More of the Case Lifecycle
Following on the heels of its $11 million Series A raise last June, Alexi, a company that uses generative AI to produce detailed legal research memos for litigators, today announced a significant expansion of its platform with new tools for case management, document analysis and summarization, and more. In addition, it announced plans for further
Hitting the Trifecta for AGI: A Journey Toward Artificial General Intelligence
AGI is likely around the corner. We need to mentally prepare for it. Here are three avenues as I see this unfold.
Recently at a talk in Boston, I walked through these concepts with the audience.
Quick Step Back:
The adult brain has approximately 100 billion neurons, it orchestrates over 100 trillion connections—far outstripping the
Black Hills AI and DeepIP Announce Integration Designed to Enhance Patent Prosecution and IP Management
On Thursday, the American Intellectual Property Law Association will kick off its annual meeting, and that means you should expect several news announcements this week from providers of IP-related technology products. First out of the gate: News of an integration partnership between Black Hills AI and DeepIP that combines the automation and AI technologies of
UK Law Society announces new AI strategy
The Law Society of England and Wales has announced its new AI strategy, which is based on three pillars: innovation, impact and integrity. Central to the strategy is integrity, which aims to ensure that AI is being used responsibly and ethically to support the rule of law and access to justice. Led by the three pillars, the