- I can’t wait to see a demo of this. Neota Partners With Legal Consultants for AI-Based Billing Tool. “Neota Logic and legal pricing consultants Burcher Jennings and Validatum teamed up to launch Virtual Pricing Director, a collaboration years in the making.”
- Here’s more news from Neota Logic: Legal tech education: Neota partners with three new universities. “Neota Logic will today (19 October) announce three new education partnerships, with The University of Limerick, Ulster University and London South Bank University, which has launched a new law and technology option for students. Over the course of a semester, students at these schools will learn how to design, build and test digital legal solutions that solve a specific access to justice problem.”
- Slaughter and May expands scope of its technology entrepreneurs programme. “The first two cohorts of the programme, originally named Fintech Fast Forward, focussed on UK-based start-up and high growth companies operating in the fintech sector, including paymentstech, insurtech, regtech, data analytics and AI. Under its new name, Fast Forward, the programme will be expanded to cover young companies operating in a diverse range of emerging technology sectors including IOT, cryptography, cyber, robotics, machine learning and DLT, as well as fintech.” More here.
- Corrs posted: Along for the Ride: Considering the Legal and Practical Consequences of Self-Driving Vehicles. “If you’re over seven years of age – and have completed an online registration process – you can be part of Australia’s first Automated Vehicle Trial, by taking a ride on the Royal Automobile Club of Western Australia (RAC) Intellibus, a fully automated, electric shuttle bus launched on public roads with the support of the WA State Government and the City of South Perth.”
- Gavelytics Partners with CourtCall, Expanding Judicial Analytics to New States, Markets. “Remote court appearance provider CourtCall will offer a ‘simplified version’ of Gavelytics judicial analysis as it expands to Florida, Texas and California.” Details here.
- From Littler: What Construction Attorneys Need To Know About AI. (Subscription required.)
- This post isn’t as “legal” as the title might suggest, but it’s an interesting consideration. Artificial intelligence — Who is responsible for the outcomes?
- Thomson Hine posted: Department of the Treasury Releases Interim Rules Expanding Scope of CFIUS and Creating Pilot Program for Certain Transactions. “While the text of ECRA does not define the term “emerging and foundational technologies,” the following industry sectors could be included: artificial intelligence….”
- More from the Mintz series: Strategies to Unlock AI’s Potential in Health Care, Part 2: FDA’s Approach to Protecting Patients & Promoting Innovation. “Artificial intelligence—AI—is the future of everything. But when patient health is on the line, can we trust algorithms to make decisions instead of patients or their health care providers? This post, the second in our blog series about AI in health care, explores FDA’s proposed regulatory model that is supposed to be better suited for AI (and similar technologies) while still protecting patients.”
- This from HR Daily Advisor: “Like it or not, it’s time to prepare your employees for the fourth industrial revolution, where automated technologies and artificial intelligence are becoming mainstream. Below is more information about what you can do to accomplish this as an L&D professional.”
- From Womble: A.I. in the TCPA Crosshairs: TCPA Class Action Challenges Hotel’s Use of IVY Concierge Artificial Intelligence SMS Platform.
- This from the International Association of Privacy Professionals: Perspective: Should robots have rights? “(California) Bill 1001 implicates a hitherto-abstract, philosophical debate about when a simulation of intelligence crosses the line into sentience and becomes a true artificial intelligence.”
- This 5-minute podcast is from Shook Hardy: Can Robots Be Sued? Q&A With Cory Fisher.
- Fully digital conclusion of contracts via Alexa becomes possible for clients of insurtech firm Deutsche Familienversicherung. “Customers can now not only receive advice from Alexa, but can also simultaneously conclude an insurance contract within only a few seconds.” Story here.
- At least in the UK: “There may need to be some coverage disputes before professional indemnity (PI) insurers work out how to deal with bad advice given by artificial intelligence (AI) systems used by lawyers, a leading City firm has warned. It said the widespread use of technology that utilised AI ‘contributes to additional complexity and uncertainty for insureds and insurers when assessing risk and apportioning liability’. More here.
- From Legal Futures: Law firms look to leverage data in battle with new providers. “Law firms big and small are increasingly viewing artificial intelligence (AI) software and particularly the exploitation of data as integral to business health, a survey has found. The annual law firm benchmarking survey by accountancy and consultancy firm Crowe, also found a growing fear of non-lawyer legal services providers, especially among City firms.” I could not find the survey methodology, so let the reader beware.
- “Above the Law and Thomson Reuters present Big Data and the Litigation Analytics Revolution, the fourth and final installment of our Law2020 series, a multimedia exploration of how artificial intelligence and other cutting-edge technologies are reshaping the practice and profession of law.”
- From Artificial Lawyer:
- “Global legal tech company, Thomson Reuters (TR), has partnered with contracting automation platform Synergist.io, in a move that will see the Germany-based startup integrate with the well-known Contract Express document automation system.” Story here.
- We Are All Lawyers Now – The Rise of the Legalish. Interesting perspective here.
- Language and Machine Learning – A Lawyer’s Guide. Post by Johannes Stiehler, CTO, of text analytics company Ayfie.
- More A2J news! California Starts Special Task Force on A2J Tech, Legal AI Founder Joins.
Blockchain
- China’s Internet Censor Releases Draft Regulation for Blockchain Startups. ” The Cyberspace Administration of China (CAC) published a draft policy on Friday, called “The Regulation for Managing Blockchain Information Services” and is now looking for public feedback before it will take effect.” Story here.
- What Carl Sagan has to do with regulating blockchain smart contracts. “If policymakers seem flummoxed by the rise of cryptocurrencies, wait until they get to smart contracts. Just ask Brian Quintenz, commissioner for the US Commodity Futures Trading Commission. At a conference in Dubai this week, Quintenz expressed a sense of awe at the vast unknown that blockchain-based computer programs have created for his agency. “Post here.
- Blockchain developments in Nashville:
- “Stakeholders in the creation, growth and connectedness of blockchain- or distributed ledger-enabled jobs and wealth creation in Tennessee gathered twice within the past 24 hours with representatives of Tennessee Economic and Community Development (ECD) to explore the technology’s status, the state’s competitive assets and its potential strategic options.” “A nonprofit organization is to be formed to support the collaborative’s aims, according to Waller Lansden attorney Kristen Johns, who is the prime mover in this emerging initiative. Waller cosponsored the event with Brooklyn-based Consensys, a distributed-ledger-oriented tech company.” More here.
- And check out Tokenize Tennessee here.