It has been a whirlwind year for the Open AI-backed, generative AI legal tech startup Harvey, which went from a $5 million seed round in November 2022 to a $21 million Series A in April 2023 to an $80 million Series B in December 2023 at a valuation of $715 million. It was a year
Jay Myers Featured on The Clarivate Center for IP and Innovation Research Podcast: “Navigating the AI Frontier in Intellectual Property Law”
Jay Myers, Seyfarth partner and Director of Innovation for the Intellectual Property Group, joined Arun Hill, senior consultant at The Clarivate Center for IP and Innovation Research, as a guest in Clarivate’s most recent podcast episode, “Ideas to Innovation: Navigating the AI Frontier in Intellectual Property Law.” Clarivate, a global leader in providing solutions to
Lex Machina Now Offers 100 State Courts With Enhanced Analytics
This week Lex Machina reached a significant state court analytics milestone with the addition of the 100th state court. Lex Machina .launched as a patent litigation analytics project out of Stanford. in 2008 . Since acquisition by LexisNexis, it was expanded to cover business litigation in all federal trial courts. The company took on
How Law Firms Are Using AI: Quick Case Summaries and More
By streamlining complex processes and enhancing accuracy, AI is not only optimizing how legal professionals work but also redefining outcomes.
Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics. By streamlining complex processes and enhancing accuracy, AI is not only optimizing how legal
AI Updates: The Impact of AI on In-House and Outside Counsel
Seyfarth partners Lauren Leipold and Owen Wolfe sit down with Stephen Mar, Chief Legal Officer of Odeko, to discuss the current and potential future impact of AI on the legal profession.
Intelligent AI Guidance from the USPTO Identifies Potential Perils
Much like word processing with spell check and other now commonplace digital tools were once only the stuff of science fiction, artificial intelligence (AI) is quickly becoming widespread in knowledge work including law practice. IP law is no exception. The use of AI in IP law practice has practical benefits, including the potential for enhanced
NIST Updates AI RMF as Mandated by the White House Executive Order on AI
We have now reached the 180-day mark since the White House Executive Order (EO) on the Safe, Secure and Trustworthy Development of AI and we are seeing a flurry of mandated actions being completed. See here for a summary of recent actions. One of the mandated actions was for the National Institute of Standards and
FCA and PRA AI Update: Senior Managers’ accountability for the use of AI
Following the publication of the Government’s pro-innovation strategy earlier this year, the Financial Conduct Authority’s (FCA) AI Update last week sets out how its existing regulatory framework maps to the Government’s five principles on Artificial Intelligence (AI) regulation (AI Principles). The Bank of England and the Prudential Regulation Authority (PRA) have also written to the
Big surprise that Salesforce is using Einstein Copilot for an AI tool!
CIO.com reported that “Salesforce announced the general availability of Salesforce Einstein Copilot, its conversational AI assistant for CRM.” The April 25, 2024 article entitled ” Salesforce launches Einstein Copilot for general availability” (https://tinyurl.com/mryhf9bx) included these comments:
The company first announced Einstein Copilot in September last year, and released Einstein 1 Studio in March
Artificial Lawyer’s Richard Tromans: Back to Work!
In this episode of The Geek in Review podcast, hosts Marlene Gebauer and Greg Lambert welcome back Richard Tromans, founder of Artificial Lawyer, after his year-and-a-half sabbatical. Tromans shares his insights on the impact of generative AI on the legal industry and discusses his upcoming Legal Innovators conferences in California and London.
Tromans