The legal industry is undergoing a transformative shift. An increasing number of law firms are gravitating towards value-based pricing from hourly billing, fostering efficiency, transparency, and better alignment in their services. A recent episode of the UpLevel View podcast delves into this subject, shedding light on how value-based pricing models can drastically reduce legal costs…
High fives all around as we celebrate National High-Five Day. But in the midst of our celebrations, there is serious talk as well as we engage in discussions revolving around legal innovation and technological advances in the legal profession. The day emphasizes a profound discussion presented by Olga V. Mack, a Fellow at CodeX, The…
Blue Cross Blue Shield Association (BCBSA) recently announced the appointment of Monica Auciello as their new Chief Legal Officer and General Counsel. This news comes from a press release issued by BCBSA on Wednesday. In her new role, Auciello is set to be at the helm of the organization’s legal operations, with areas such as…
Jenn McCarron, the esteemed director of legal operations and technology at Netflix, has reportedly parted ways with the company. In a recent announcement made via LinkedIn, McCarron hinted at the successful completion of her tenure at the streaming platform, expressing that her “mission has been fulfilled.” Her departure marks the end of a significant five-year…
The legal world woke up to a surprise earlier this week: leading lawyer and Legal Ops Chief for Netflix, Jenn McCarron, announced her departure. Known for her otherwise steadfast and stalwart presence in Netflix’s legal operations, the shocking development hints at an exciting new direction for McCarron. In a post-departure statement that was equal parts…
In one of her recent articles, Olga V. Mack, a Fellow at CodeX, The Stanford Center for Legal Informatics, and a Generative AI Editor at law.MIT, warmly extended her greetings for the National Pet Day on April 11. Known for championing legal innovation and dedicating her professional life to forward-thinking legal practices, Mack’s career is…
Above the Law recently celebrated National Siblings Day and took the opportunity to spotlight esteemed legal professional Olga V. Mack. Boasting an impressive career resume, Mack is a Fellow at CodeX, The Stanford Center for Legal Informatics, and a Generative AI editor at law.MIT. Passionate about innovation and evolution in the law profession, she firmly…
Artificial Intelligence (AI) continues its march into all spheres of life, and the field of legal services is no exception. This relentless pressure from AI is likely to generate both winners and losers, with the fate of each party hinging on their ability (or lack thereof) to integrate this disruptive technology into their current operation…
This week in legal tech investments, four notable investment deals have become highlights of the conversation. The UK-based company, Luminance, which uses artificial intelligence to automate the creation, negotiation, and analysis of contracts, has successfully raised $40 million in a Series B funding round. The funding round found leadership in the Santa Monica-based, growth-stage venture…
In any business or professional landscape, client service is a pivotal component that greatly influences its success. With the advent of generative artificial intelligence, client service within the legal sector has seen significant changes. Generative AI not only enables more personal and efficient client interactions but also aids in transforming how the legal profession operates….
Law professionals, today March 23rd, marks National Puppy Day and it’s not just puppies relishing in the excitement, but legal experts as well. As we all know, the profession can be demanding and it’s easy to forget to take a breather amidst the hustle. So, along with a collective “aww”, let’s take a moment today…
In a recent development, Uber has agreed to a settlement of $178M with Australian taxi drivers in a class action, according to details available from an article on Law.com. According to plaintiff law firm Maurice Blackburn, the rideshare platform purportedly “fought tooth and nail” against the undertaking. The class action alleged that Uber operated illegally…
The advent of automated transcription tools has sparked a debate over the potential implications on the profession of court reporting. As technology evolves, the question arises: Could these tools replace human court reporters, a fixture in courtrooms for years? For many, the courtroom scene is hardly imaginable without the presence of a stenographer diligently recording…
As we draw closer to St. Patrick’s Day, it’s not just the general public that’s preparing to celebrate. Legal professionals are gearing up too! This provides a refreshing reminder that the legal field isn’t limited to stern courtrooms and procedural formalities. It’s populated by individuals who, just like anyone else, earmark calendar dates for fun-filled…
Corporate Counsel has issued a call for nominations for the 2024 Women, Influence & Power in Law Awards. These prestigious awards aim to honor North American general counsel and law firm partners who have shown an unwavering commitment to advancing the empowerment of women in law. These legal professionals transcend a mere job title as…
Thomson Reuters, a leading multinational mass media company, has extended the availability of its innovative AI legal technology, CoCounsel Core, to the United Kingdom. This move comes following the successful rollout of the service in the United States, Australia and Canada. The AI-Assisted Research tool was introduced into the United States through renowned legal research…
Increasing investment in generative artificial intelligence (Gen AI) technologies by the world’s largest law firms is becoming evident. According to recent findings, almost every large-scale law firm anticipates their investment in Gen AI to escalate over the next five years. The information can be found in an article on LexisNexis. Gen AI technologies are increasingly…
In the ever-evolving legal landscape, the quest for the perfect legal brief remains a central challenge. This challenge persists across different jurisdictions and for legal practitioners in both law firms and corporations. The outlined quest seeks to strike an elusive balance between thoroughness and succinctness, while embodying a legal argument’s soundness and persuasiveness in a…
Launched just four months ago by engineers who previously worked for Uber, Google, and Amazon, Traact, a SaaS platform that integrates various corporate functions in one place, announced its recent strategic partnership with Klea, a Belgium-based provider of AI-enabled legal entity management. The partnership will allow both companies to provide enhanced services to corporate legal…
In a significant appointment at Silicon Valley’s Zoom, Cheree McAlpine has been named the Chief Legal Officer. The post had been overseen by an interim leader for an extended period of nearly four years. McAlpine, who brings a wealth of experience to the position, expressed her eagerness for the role, stating, “I want to make…
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…
In her first full year at the helm of HP’s legal division, Chief Legal Officer Julie Jacobs earned $6.2 million, a compensation package that included a notable $2 million cash bonus. HP’s recently released proxy statement explains this one-time payout as a recompense for the remuneration she had relinquished upon leaving her previous post with…
Renowned for her enthusiastic embrace of legal innovation and dedication towards improving and molding the future of law, Olga V. Mack sits at the vanguard of legal technological integration. Her firm belief is that the legal profession will emerge more robust, resilient, and inclusive than before as it increasingly engages with technology. Olga’s diverse experience…
In the wake of rising interest in how transformative generative artificial intelligence (AI) could be for the legal sector, an interesting new project has surfaced. Corporate legal departments are currently immersed in the “experimentation” phase of harnessing this technology. The aim is to decipher the most beneficial applications of AI tools, as expressed by Ed…
In an era where technological advancement is taking the lead, it’s not just about what technology is available, but how and what we are actually using it for. Legal operations professionals and in-house lawyers are the main focus of a recent survey that attempts to unveil the genuine use and advantages of technology in the…