The Legal Wire

We’ve all heard the saying “time is money”, but nobody feels this as deeply as legal professionals.?In a profession where every billable minute (quite literally) matters, Billables AI offers a game-changing solution to help lawyers reclaim their time (and money) and focus on their core work. Read the full article here: https://lnkd.in/gTRK6x4P

From Techno-Regulation to AI Safety Research: India’s AI Governance Landscape in 2024 India stands at a pivotal moment in its technological evolution, particularly in artificial intelligence. The nation’s unique position stems from its dual identity: a technological powerhouse with over 5 million IT professionals, yet a developing economy working to establish comprehensive digital governance frameworks. The regulatory landscape for emerging technologies in India presents an intricate puzzle. Read the full article here: https://lnkd.in/gNektdtj Abhivardhan ?.

Has the Hallucination Problem Been Solved? The Legal Wire recently interviewed Dr. Tomer Libal, who heads up the legAI team at the University of Luxembourg, regarding his work in the generative AI space, and particularly to find out how the legal challenges surrounding hallucinations can be tackled. Read the whole article here: https://lnkd.in/dsK9sWQY Nicola Taljaard - Tomer Libal - Aleksander Smywiński-Pohl

Competition regulators are becoming increasingly aware and concerned about the challenges posed by algorithms in the digital economy. However, as we at The Legal Wire have previously discussed, the emergence of generative AI and foundation models has introduced even greater complexities for competition regulators to consider. With AI technologies now transforming everything from media to legal and financial services, competition regulators having to take a closer look at the possible risks — particularly regarding partnerships between tech giants and specialized AI companies. Read the full article here: https://lnkd.in/dhMq36pq Nicola Taljaard

Ever waited so long for a legal transcription that you had to re-read the case file to remember the details? Well, you’re not alone.?Luckily, Skribe is redefining how legal professionals capture, share, and analyze spoken testimony, offering a transformative platform powered by AI and video conferencing – in simple terms, making your life a whole lot easier. Read the full article here: https://lnkd.in/dz-iG-am Tom Irby Karl Seelbach Randy Brown

Trump is Back in Office: What Does This Mean for AI? Read the full article here: https://lnkd.in/dMQAhC6V

Trump is Back in Office: What Does This Mean for AI? Read the full article here: https://lnkd.in/dMQAhC6V

In the increasingly crowded compliance tools market, the Confide Platform sets itself apart by blending advanced technology with first-hand experience. Founded by Pav Gill, the whistleblower who exposed the €24 billion Wirecard fraud, the Confide Platform is the world’s only end-to-end whistleblowing and full case management system – comprising a platform designed to help businesses manage whistleblowing, corporate investigations, and compliance with precision. Read the full article here: https://lnkd.in/d5HxdEB7

Everyone’s talking about legal tech. How AI will streamline contracts, automate compliance, and transform the way law firms operate. It’s exciting… but nobody’s asking the other question: What happens when technology slips to the other side? Read the full article here: https://lnkd.in/dRCfJChP

Harneys, a global offshore law firm, has partnered with Springbok AI to utilise their SpringLaw Suite as a generative AI platform for enhanced legal services. Harneys aims to leverage SpringLaw’s legal-specialised tools to accelerate its generative AI initiatives while maintaining client confidentiality and regulatory compliance. Read the full press release here: https://lnkd.in/d8j5a-KC Victoria C. Albrecht - Springbok AI