From Shearman & Sterling: “Shearman & Sterling today launched “the FinTech Foundry,” a program dedicated to supporting the FinTech-related activities of their clients and the wider global FinTech ecosystem that consists of financial institutions, FinTech start-ups, accelerators and incubators, venture capital and private equity investors, and policymakers. Blockchain, crypto assets, big data and artificial intelligence are just a few of the FinTech activities Shearman & Sterling advises on.”
White and Case published this in-depth report: Digitalising the mining & metals global supply chain: Rise of blockchain and the smart contract.
From Dentons, this very large post: Big data in the energy sector: GDPR reminder for energy companies.
From Legal Insider: “Herbert Smith Freehills has launched a pilot to test how data extracted from judgments and smart analytics might help prepare clients facing litigation.The firm has partnered with Solomonic, a data and analytics platform, to provide its lawyers with hard data and analytics on all the sitting judges in the Commercial Court – as well as the most recent eight retirees – going back more than five years.
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Gide announces the creation of Gide 255, a new team dedicated to digital transformation, headed by Franck Guiader. “Gide 255 covers in particular the growing stakes of blockchain, ICOs, artificial intelligence, automation and various aspects of data processing.”
This is an interview with Kate Hutchinson, Director of Marketing at CDS during which she explains why eDiscovery vendors are getting into smart contracts. (It’s all about the data.)
In this post, Nichole Black of MyCase reviews a recent book by Michele DeStefano, (Professor of Law at the University of Miami): Legal Upheaval: A Guide to Creativity, Collaboration, and Innovation in the Law.“(The author) explains why the legal industry is in the middle of an unavoidable transformation, and why lawyers are so resistant to accepting this indisputable fact. Then she suggests that lawyers must learn to innovate in order to succeed in the new world order, and provides a framework for legal institutions to use in order to create a culture of creativity, collaboration, and innovation.” The review is an interesting read in itself.
In this Legal Talk Network podcast, “Abby Rosenbloom talks to Peter Geovanes, Dera Nevin, and Andrew Sprogis about their innovative roles and how to set a precedent when you’re the first one in their position. For law firms looking to add new roles, they offer their advice from establishing strategic goals to firm leadership providing resources and support.”
From Legal IT Newswire: “ZentLaw, an alternative law firm founded by Monica Zent, has introduced ZentLaw Labs, an innovation lab which aims to bring tech acumen and startup thinking to law. Among the lab’s first projects being announced today are two artificial intelligence (AI)-powered bots. One bot is built for enterprise clients to help them solve their legal resourcing needs by taking them through a series of questions to assess their specific requirements. The other bot is aimed at startups and is calibrated to serve their routine requests. The latter aims to disrupt the way legal services are delivered to startups by providing practical and actionable guidance through the bot to common issues that startups raise.”
From Bob Ambrogi: “The international legal research platform vLex today introduced the beta version of Vincent, an AI-powered legal research assistant that analyzes legal documents you upload and finds relevant research results. Vincent is in the same vein as CARA from Casetext, Clerk from Judicata, and EVA from ROSS Intelligence in that you upload a brief, legal document or court opinion, and it finds and it analyzes the document and uses the document’s language and citations to find related cases, statutes, books, journal articles, contract models, and more.” Details here.
- From Artificial Lawyer
– “Global law firm Clyde & Co has today announced that it will be providing legal services to new global banking and energy blockchain platform, Komgo SA.” Details here.
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“LexisNexis has announced the six new participants for its third Silicon Valley Legal Tech Accelerator programme.” They’re listed here.