For solo and small law firms, the dynamic arena of legal technology can be a landscape of both promise and peril, depending on their ability to adapt and adopt. Futuristic technologies such as generative AI can be potentially treacherous, but for those firms well-versed and comfortable with technology, a more efficient practice, superior client experiences,…
When considering the future of a child without parental care, two main legal options arise: adoption and guardianship. Adoption establishes a permanent legal relationship, whilst guardianship is typically a temporary arrangement that maintains the legal connection between a child and their birth parents. Both options involve distinct legal processes and emotional considerations. Adoption Process and…
The technological advancements have greatly impacted the legal profession and one such advancement is in the form of document automation. Document automation can provide a vast set of benefits including overall speed, uniformity in document approach, reduced chance of risk, and less managerial effort spent on constantly undergoing changes in documents. Early adoption of this…
The adoption of generative Artificial Intelligence (AI) tools in the legal industry, especially in large law firms, provides an interesting juncture to assess where the sector falls within the digital transformation spectrum. Artificial intelligence, particularly the generative kind, has been seamlessly integrated into myriad industries but its prevalence and impact in legal services is a…
For solo and small law firms, the prevailing condition of legal technology presents a two-edged sword. While there are pitfalls such as generative AI ensnaring the unprepared, proper understanding and adoption of technology can lead to more profitable and efficient practices, enhanced customer experiences and better work-life balance. In line with these circumstances, legal technology…
As the urgency of addressing climate change continues to soar, a radical shift in financial reporting is on the horizon. Corporate controllers across the globe are putting on their gloves, preparing for new mandates that require companies to disclose their environmental impact to investors. This comes in an era where investor focus on companies’ ESG…
In an enlightening legal verdict, the Utah Supreme Court has overruled a district court, asserting that an adult adoptee held the right to gain access to her sealed adoption records dating back to 1978. The adoptee wished to unseal these records to provide her doctors with crucial information for medical and genetic purposes. This decision…
In a recently related study conducted by Affinity Consulting, iManage, and SurePoint Technologies in collaboration with Ari Kaplan Advisors addressing the subject of “Leadership, Growth, and Profitability in the Post-Pandemic Era,” various important insights have been revealed regarding how modern law firms are managing and prospering through digital transformation. The main focus of the report…
As efficient operations and higher margins consistently remain top priorities for all business functions, the arena of legal affairs is no different. Technology has undoubtedly propelled every industry ahead, and now, smaller law firms seem to be contemplating the same path. However, how is the legal tech revolution genuinely affecting these smaller law firms? Their…
Despite the buzz around contract lifecycle management (CLM) software in recent years, a survey uncovers interesting findings about its usage in the corporate sector. An overwhelming majority of companies do not employ any CLM software, and those that do, employ it sparingly. Rather than CLM systems, enterprises mostly use document management systems (DMS) for storing…
Recent issues regarding Air Canada’s AI chatbot offer a compelling case study for litigation risks presented by novel technologies in corporate operations. As reported in the New Jersey Law Journal, attorneys have relayed warnings that mishaps like these with AI chatbots could be the precursors for emerging consumer protection class-action lawsuits. A marked increase in…
In the rapidly digitising legal industry, generative AI technology stands as a frontier yet to be fully exploited. This might be due to the lack of expertise and talent, as revealed by a Consilio Legalweek 2024 survey with 129 legal professionals. Surprisingly, 36% of respondents admitted that their legal teams’ limited or non-existent knowledge in…
The Frontier Law Center, a renowned Los Angeles law firm, recently publicized its innovative partnership with the AI tech company Eve. The strategic collaboration aims at transforming Frontier Law into the world’s pioneering “AI-native” law firm. This joint venture sparks a new direction towards embracing technology in legal practice, opening new avenues and possibilities for…
Over the past month, the legal tech world has been abuzz with speculation about the U.S. release of the Apple Vision Pro. With its high base price of $3,499, many professionals, including ourselves, were skeptical about the cost-to-benefit ratio of this device. Our changing perspective towards the gadget was triggered by Jeff Richardson’s account of…
Adoption of artificial intelligence technologies by Biglaw firms is rapidly increasing. Recently, the Magic Circle firm, Clifford Chance, launched its own AI product firmwide following a successful trial. Notably, these implementations of AI technologies are not threatening associate jobs, providing a much-needed reassurance amidst fears of a potential ‘job apocalypse.’ Clifford Chance partnered with technology…
In an attempt to dissect the reality of technology usage in the legal profession, a recently launched anonymous survey is seeking the participation of in-house lawyers and legal operations professionals. The purpose of the survey is to cut through the speculation and hype and provide an accurate depiction of the use and benefits of technology…
The European Commission on January 25th announced it was sending infringement letters to Cyprus, Greece, Poland, Portugal, Spain, Estonia, Latvia, Lithuania, and Malta for their late adoption of legislation to implement the global minimum 15% tax known as Pillar Two. Read More This move reflects the rigidity with which EU countries must function in contrast…
The legal profession has been abuzz with discussions around generative artificial intelligence, and Thomson Reuters has been at the forefront of these conversations. Their strategy was made clear when the company acquired the legal research and AI company Casetext, including the CoCounsel generative AI tool, in June. In November, the company introduced generative AI to…
Clifford Chance, a prominent multinational law firm, is set to expand the use of Artificial Intelligence (AI) technologies throughout its worldwide workforce. Making use of Copilot for Microsoft 365 and Viva Suite, the move follows the increasing trend of technology adoption within the legal industry. As reported by Bloomberg Law, this initiative makes Clifford Chance…
Artificial intelligence (AI) has increasingly become a frontier for discussion and development in the world of law. Indeed, this technology is showing potential in democratizing access to legal resources and improving efficiencies within law firms. However, its adoption and regulatory oversight continue to spawn controversy within the legal fraternity. A point of contention lies in…
As corporations increasingly employ artificial intelligence (AI) and machine learning tools to automate labor-intensive tasks such as screening CVs and interviews, they face a compelling need to ensure that these technologies do not engage in what has been termed as “algorithm drift”, leading to improper bias. Legal liabilities or even a tarnished brand reputation could…
Uncertainty hovers around JD-Next, the promising alternative law school admissions program that facilitated bypassing the LSAT and the GRE, following recent moves by the American Bar Association (ABA). As reported by Reuters, the ABA has concluded that JD-Next fails to measure up to the current standardized admission tests used for law school admissions. The ABA’s…
In little over a year since the uptick in discussions around the application of artificial intelligence (AI), law professionals are now witnessing a fast-paced advancement in this technology, according to a recent update on Law.com. This exponential development is reshaping the way law business is conducted as law firms globally start to grasp and adopt…
While a law firm’s primary goal may not necessarily be profit-maximization, the value of considering law practices within the ambit of business models cannot be downplayed. Aging law firms, like one wise and successful painter starting late in her years, could benefit by reassessing their firm’s technology at any stage in the life of the…
In a recent development, the Utah Supreme Court reversed a lower district court’s decision, siding with a woman who petitioned for the unsealing of her adoption records. The case pointedly addresses the delicate balancing act between adopted individuals seeking more information about their biological backgrounds, and the confidential nature of such records. Justice John A….