The growing demand for skilled AI professionals has surged the cost of legal technology, as evident from the challenges legal tech companies face in allocating high-paying roles for AI talent which do not directly translate into profit-making, as discussed in Legaltech News.
Another intriguing development in the sector is driven by the apprehension about integrating AI in arbitration. The President of ICC International Court of Arbitration, Claudia Salomon, shared her insights on how bias in software and confidentiality constraints could limit the use of AI in making judgement, reported by Legaltech News.
In legal disputes, an AI-related intellectual property dispute between Thomson Reuters and Ross Intelligence, a legal research startup, has ended up in court, as a federal judge in Denver, Delaware wished it to go to trial, according to the Reuters editorial arm. The charge against Ross Intelligence is allegedly copying Westlaw headnotes and other copyrighted content.
The recently concluded WGA strike, lasted for 148 days, has concluded with astonishing advancements against the threat of AI-scripted content, reports Associated Press. Under the new contract, writers will be informed about any material generated by AI. Moreover, AI can’t claim credit or rewrite literary material.
IBM has joined the list of companies, including Microsoft and Adobe, ready to accept legal risks on behalf of their clients resulting from the use of their AI-empowered products, revealed the New York Times. If any intellectual property-related legal consequences occur, IBM promises to compensate its clients.
Finally, LexisNexis announced collaboration with Amazon Web Services and AI company Anthropic, which recently landed a $4 billion investment from Amazon. The trio plans to host the generative AI on Amazon behind LexisNexis’s Lexis+ AI platform, referenced by their CTO, Jeff Reihl, in an Amazon press release.