- Are Lawyers Ready to Be Managed by Metrics? “There’s momentum in Big Law firms, corporate legal departments and technology companies alike for a data-tracking system that could have radical consequences for the entire legal industry.” Here’s the very interesting and thorough article by Roy Strom.
This, from ABA Journal: Facial recognition scanning goes mainstream. “When Taylor Swift performed at the Rose Bowl in May 2018, concertgoers may have seen a kiosk that showed exclusive video clips of her performing and rehearsing. If they paused for more than a moment to watch those clips, then the kiosk definitely saw them.”
- The World’s Biggest Banks Are Doubling Down On Artificial Intelligence. The specific activities of several institutions are explained in this post.
EY Continues March Into Legal Market With Global AI Deal. Post. (LexisNexis/Law360 subscription required.)
- Deflating Tech Hype Could Help Firms Keep Pace with Competition. “Law firms can partner with clients as a technological resource to help compete with alternative legal services. But that might occasionally require cutting through some of the legal tech hype in the marketplace.” Article from Law.com.
- Robert Gordon University teams up with Addleshaw Goddard to launch legal tech module. “The module covers the basics on what tech is available in current legal practice, the regulatory framework, as well as data analysis techniques.” More here.
Here’s a bit from last week’s ABA Techshow: Artificial intelligence isn’t a magical unicorn: It’s a powerful tool lawyers are already wielding.
- The New York Times published: Is Ethical A.I. Even Possible? “Building ethical artificial intelligence is an enormously complex task. It gets even harder when stakeholders realize that ethics are in the eye of the beholder.”
Zena Applebaum took Ark up on their offer to write a chapter for their upcoming book on law firm intelligence functions. Some of her thoughts are presented in this post (Data Doesn’t Make Decisions) for 3 Geeks and a Law Blog.
- Here’s a very short, fun post from William Vogeler: The Real Reason AI Will Kill Traditional Law Practice. “Some say that frogs, like lawyers, are insensitive to gradual change. A frog apparently will sit in tepid water right up to the cooking point. Some attorneys don’t recognize the world is changing around them until it’s too late.”
- A London law school student posted: Robots are not coming to take our jobs — but they are changing the way we do them. “There is a growing skill gap between how legal services are being delivered and what students are being taught to do and think.”
“From Artificial Lawyer
- Slaughter and May Launches Its Own Legal Tech Programme – Apply Now! Post.
- Linklaters Makes 1st Startup Investment in Nivaura’s $20m Funding, A&O + Orrick Also Invest. Post.
Juro Publishes Guide to Machine Learning in Legal Contracts. Post.
- Algorithmic Justice Could Clear 250,000 Convictions in California. Post.
- Can Governments Help Grow The Legal Tech Sector? Yes, They Can. Post.
- GLH London: Problem Solving, Jimi Hendrix + Freshfields Interview. Post.
- Clio: Build Us An App And Win $100,000….! Apply Within…. Post.
- Is HK’s Property Platform the Beginning of a True Blockchain Revolution? Post.
- Relativity Bags CTO From Amazon Web Services, Will Add 300 Staff. Post.
- Legatics Works With DLA + Herbert Smith to Build ‘AI Microservices’. Post.
- Can Smart Contracts Solve the AI Limitations Problem? Clause Thinks So. Post.
- TR Launches Mega Platform ‘Panoramic’, Could Crush Several Startups. Post.
From Law Firms:
Lamar Smith, Ed Pagano, Hans Rickhoff, Christina Barone of Akin Gump: Artificial Intelligence Initiatives Announced By Administration And Federal Agencies. Post.
- Brian P. Bartish of BakerHostetler: Blockchain Initiatives In Healthcare And Other Industries Target Data Integrity, Speed And Analytics. Post.
Robert A. Musiala Jr. of BakerHostetler: BlockChain Payment Systems Announced By Major Banks And Online Payment Processors. Post.
- Robert A. Musiala Jr. of BakerHostetler: FDA Launches DSCSA Pilot Project Program, Supports Use Of Blockchain Technology. Post.
- Simone O. Otenaike of BakerHostetler: CFTC Makes Cryptocurrency A Priority, Foreign Agencies Take Enforcement Action. Post.
- Y. Monica Song of Dentons: “(In Canada, there have been calls for) a fundamental rethinking of the regulatory approach to firms whose competitive performance is driven by their ability to collect, analyze and use data. Post.
Michele Odello, Francesco Paolo Sasso of Dentons: Robo-Advisor: An Interesting Challenge. Post.
- Alessandro Engst, Valerio Lemma of Dentons: Interoperability Of FinTech Firms. “…(R)egulatory issues are related to the algorithms supporting the partially automated activities.” Post.
Epstein Becker: Employment Law This Week®: Making AI Work for HR. Post.
- Jonathan Michael Thomas of Foley & Lardner: Is Artificial Intelligence Sexist And Racist? Post.
Mark W. Rasmussen of Jones Day: Jones Day Presents: Smart Contracts And Blockchain (Video). Post. (As in-depth as it could be in 2 1/2 minutes.)
Natalia San Juan of Hunton: Blockchain Legal Resources: Florida Court Finds Virtual Currency Subject To Money Service Businesses Law. Post.
Cynthia O’Donoghue, John O’Brien of Reed Smith: Updates From The European Data Protection Board. Post.
- Tom Kulik of Scheef & Stone: Unlocking Blockchain: 3 Considerations To Minimize Cybersecurity Risk In Smart Contracts. Post.
Van Ness Feldman: Emerging Technologies Update. There’s all sorts of AI-related material in this lengthy post.
- John M. Rogitz, registered patent attorney with his own practice: Japan Patent Office Case Examples on Artificial Intelligence Offer Guidance for Other Offices on Treating AI Inventions. Post.
Satya Law Group: Veteran Attorneys Form The Satya Law Group and Partner with AI Development Firm To Offer Consulting And Legal Services in the Digital Asset, Blockchain and Crypto Space. Post.
Vendor News/Posts:
- This, from Mike Quartararo of eDPM Advisory Services: Metrics? What Metrics? KPIs That Legal Ops Professionals Need To Track (Part I).
“Ari Kaplan spoke with Jack Newton, the CEO and co-founder of Clio, a leading practice management software platform.” Clio and the cloud, 10 years later. Here’s the post from ABA Journal.
- eDiscovery Daily Blog posted Understanding Blockchain and its Impact on Legal Technology, contributed by Tom O’Connor. This is the first post in a series of six.
BillerAssist posted: What is Machine Learning and How Does BillerAssist Use It?
Other Blockchain News:
MasterCard, Amazon and Accenture Partner To Establish Transparent Blockchain Supply Chain. “Scanning the tag on a pair of jeans, for example, would give customers its supply chain origins from start to finish, along with the opportunity to send a token of appreciation to the people who produced them.” Post.
- Overstock is still a retailer but it wants to be a blockchain company. Post.
Mercedes-Benz to Use Blockchain Tech for Sustainable Transaction Book, Supply Chains. Post.
- Australian Regulator Trials Blockchain to Automate Transaction Reporting. “The two partners will specifically examine how blockchain and smart contracts, as well as other technologies, can help entities such as banks to automate reporting of international funds transfer instructions (IFTIs) to the regulator.” Post.
Becker’s Healthcare published: 5 things to know about blockchain smart contracts.