LT&I Digest Roundup – March – April 2023

Rethinking legal tech can significantly reduce costs by optimizing operations and processes. Ironclad leverages AI for contract negotiation, streamlining the redlining process and boosting efficiency. AI is increasingly being used to help legal teams become more efficient and streamline their workflows. Insurance companies emphasize the importance of critical human thinking behind AI-generated tasks to avoid […]

LT&I Digest – Week 10 2023

1. Is It Finally The Time to Regulate AI? US, EU Agree It’s Time to Regulate AI. Will They Agree on How? 2. As outside costs rise, teams look closer at in-house eDiscovery Forty percent of in-house teams are doing most of their eDiscovery themselves to save money, software company IPRO says… 3. Law firms […]

LT&I Women’s Champions Podcast

The legal industry and technology sector have long been criticised for their lack of diversity and inclusion. However, women in LawTech are stepping up to change the game. They are leading the charge for more diversity and inclusion in the industry, advocating for underrepresented groups and making the industry more equitable for everyone. So, what […]

LT&I Digest – Week 9 2023

1. Law Firm Financial Index hits New Low, Thomson Reuters reports a strong drop in demand for legal services amid ongoing economic uncertainty.  The Thomson Reuters Law Firm Financial Index plunged to an all-time low score at the close of 2022. 2. Deputy GCs Struggling to Become Legal Chiefs A recent report shows how deputy GCs […]

LT&I Digest – Week 8 2023

1. Threat actors can use ChatGPT, too Here’s what businesses should look out for.  An article focussing on why cyber teams must be on the lookout for attacks using the generative AI technology. 2. Criminals Impersonating Lawyers & Executives Caught – Responsible for €38 million of CEO fraud Authorities break up gang responsible for €38 million CEO […]

Responsible AI

Generative AI is a form of artificial intelligence that creates new content or data based on existing inputs, and its potential to revolutionise industries is growing. However, with the benefits come risks if it is not properly regulated and governed.  To ensure the technology is used ethically and responsibly, effective regulation and frameworks are necessary. […]

LT&I Digest – Week 7 2023

1. Job Alert: GPT Legal Prompt Engineer Mishcon de Reya Looking to Hire GPT Specialist. Will we be seeing more of these types of roles? 2. A&O Parters with AI Chatbot Hello, Harvey: This Elite Biglaw Firm Is The First To Partner With ‘Game-Changing’ AI Chatbot 3. Legal Data & Metrics In the fourth quarter, the […]

Legal Design

Legal design is becoming increasingly popular for a number of reasons. Here’s some details on the benefits of Legal design. Improving Access to Justice Legal design can improve access to justice by helping us create legal products and services that are more affordable and easier to use. By simplifying legal processes and documentation, legal design […]

LT&I Digest – Week 6 2023

1. ALSP Market Value Breaks $20bn  The market for alternative legal services providers (ALSPs) has risen to more than $20 billion, as in-house legal teams and law firms seek out specialized expertise and cost-efficiencies. 2. A Subpoena Served Via Twitter.  Are The Courts Innovating? Courts have become creative with their use of social media with a […]

NFTs & Legal Issues

We had a recent LIVE session on NFTs and legal challenges for the current cohort of the LTIC course. Following on from that and the recent debacle with the Porsche NFT launch we wanted to summarise of the key challenges surrounding NFTs. IP rights The ownership of IP rights for an NFT can be complex […]