Tech
Artificial intelligence (AI) has become so pervasive in our society today that it is difficult to imagine what we would not use it for. Certainly it would be useful in the legal industry in relation to e-discovery and while the law is not fully at that point yet, pundits indicate they could likely expect to…
Since the early 1990’s, case management software has steadily increased its market share year over year. As the practice of law became more complex, using tools to manage this complexity has become a necessity for big and small firms alike. In the early days of adoption, the cost of proper case management software was prohibitive…
Law is an ever-changing profession that requires constant vigilance, study and training to maintain a high level of expertise and success. Court decisions and legislative actions all impact how laws are interpreted and enforced. Those legislative actions can differ greatly from one region, state or locale to another. State and federal court decisions also produce…
The legal industry, like many others, is experiencing significant disruption due to transformative technology. One technology that is rapidly gaining traction is data analysis. Data analysis is the gathering, inspecting and modeling of data in order to gain insight into how real-world processes work and make predictions and decisions about them accordingly. Data analysis is…
A recent executive order signed by President Donald Trump, the American A.I. Initiative, directs federal agencies to prioritize A.I. investments, assist in building a workforce in the A.I. world and set governance standards. It is hopefully to be the catalyst many experts believe will define the future of everything from health care to warfare. While…
Chatbots on websites are proliferating rapidly. As the artificial intelligence (AI) behind modern chatbots matures, the virtual agents become viable for an increasing number of use cases. They allow routine work to be automated even when that work involves interacting with customers. They support existing customers, recruit new ones, and even create valuable products. Chatbots…
Can the growth of ALSPs benefit both consumers and law firms? Technology has enhanced how humans communicate, and the internet in particular is creating new forms of competition for traditional law firms and attorneys. In recent years, the advent of alternative legal service providers (ALSPs) has created an entirely new level of competition for law…
The U.S. Commodity Futures Trading Commission (CFTC) on November 27 released a public guide to explain the uses, risks and benefits of smart contracts. The guide aims to provide practical information for in-house lawyers and others interested in learning more about successfully implementing the technology. The 32-page document, called “A CFTC Primer on Smart Contracts,”…
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