Inside Legal AI Newsletter: 06/23/2023

Inside Legal AI Newsletter: 06/23/2023

Welcome to the Inside Legal AI newsletter.?

To keep up with the pace of change the?Inside Legal AI?Newsletter?will now be weekly. Featuring the?past?week's?news, podcasts, thought leadership, and the latest AI events and programming.


FEATURED

Inflection Point: The Legal AI Revolution – Part 2

Early this year, it would have been safe to assume that most law firms don't yet have plans to actually use generative AI in their legal practice. As we approach the latter parts of this year, to what extent has this changed??

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THOUGHT LEADERSHIP

Inflection Point: The Legal AI Revolution – Part 1

This past Tuesday, June 20 Inside Practice hosted a full-day virtual conference – Inflection Point: The Legal AI Revolution – where more than 185 attendees tuned-in for an in-depth exploration of the impact of artificial intelligence (AI) on the legal profession.

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HEADLINES

IN THE 06/23/2023 EDITION:

Aderant introduces AI associate Maddi to its European customers: We speak to the senior execs - Legal IT Insider

Jun 23, 2023 06:04 am /?Legal IT Insider

Aderant’s president and CEO Chris Cartrett and CTO Andy Hoyt give Legal IT Insider their insights into new AI associate Maddi.

The Legal Renaissance: Unveiling the Human-AI Synergy

Jun 23, 2023 03:56 am /?Legal Desire Media and Insights

Introduction : The legal sector is one area that is at the nexus of tradition and change as the globe continues its unrelenting march into the future. The introduction of artificial intelligence (AI) has changed the legal field by providing experts with previously unheard-of tools and insights.

AI is Saving Up to 50% of Lawyers’ Time, Say Heavyweight African Firms | Law.com International

Jun 22, 2023 07:00 pm /?Law.com International

Bowmans, Webber Wentzel and Cliff Dekker Hofmeyr all say they are investing heavily in the technology.

Aderant Unveils AI-Powered 'Virtual Associate' For Law Firms - Law360 Pulse

Jun 22, 2023 03:17 pm /?law360

Atlanta-based Aderant has debuted an artificial intelligence tool it's calling a "virtual associate" that it says can streamline the business of law by assisting with outside counsel guideline compliance, timekeeping and invoices.

Legal & tax professionals see generative AI’s utility but take cautious approach to adoption, report shows - Thomson Reuters Institute

Jun 21, 2023 10:41 pm /?Thomson Reuters Institute

Corporate law and tax professionals as well as their outside firms believe generative AI tools like ChatGPT can and should be used for work.

European Parliament Adopts Its Negotiating Position on the EU AI Act

Jun 21, 2023 06:42 pm /?Gibson Dunn

Gibson Dunn lawyers provide context to the European Parliament voting to adopt its own negotiating position on the AI Act, which provides a coordinated European regulatory approach on the human and ethical implications of AI.

Breaking Boundaries in Legal Tech: The Game-Changing Potential of Generative AI | Corporate Counsel

Jun 21, 2023 06:11 pm /?Corporate Counsel

Despite an outpouring of media coverage for generative artificial intelligence (AI), some may still wonder whether reality will actually measure up to all the hype. Sure, this is a clear technological advancement, but haven’t we been here before?

What cybersecurity threats do generative AI chatbots like ChatGPT pose to lawyers?

Jun 21, 2023 01:23 pm /?ABA Journal

The ABA Journal is read by half of the nation's 1 million lawyers every month. It covers the trends, people and finances of the legal profession from Wall Street to Main Street to Pennsylvania Avenue.

Generative Artificial Intelligence and Corporate Boards: Cautions and Considerations

Jun 21, 2023 09:22 am /?The Harvard Law School Forum on Corporate Governance

Generative AI (i.e., AI creating original content using machine learning and neural networks) has captivated people everywhere, producing a range of responses from doomsday warnings of machines rendering humans extinct to rosy dreams where machines possess magical properties. In corporate boardrooms, however, a more sober conversation is occurring.

The Intersection of Artificial Intelligence and ESG | Corporate Counsel

Jun 20, 2023 07:03 pm /?Corporate Counsel

AI tools have the potential to help or hinder companies in achieving ESG goals. To minimize use risks, corporate counsel may wish to consider what AI tools they are using, as well as why and how these tools intersect with ESG goals.

AI’s Gatekeepers Aren’t Prepared for What’s Coming

Jun 20, 2023 04:24 am /?Paul Scharre

What was once a diffuse technology is now increasingly controlled by a handful of tech companies. Governments need to catch up.

Chaining the chatbots: Spain closes in on AI Act

Jun 20, 2023 02:44 am /?Gian Volpicelli

Madrid has prepared its home market for EU artificial intelligence regulation. Now it has a chance of getting it approved.

Tracking Generative AI: How Evolving AI Models Are Impacting Legal | Legaltech News

Jun 19, 2023 07:32 pm /?Legaltech News

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.

Legal ethics meets AI: How firms should chart a path

Jun 19, 2023 06:28 pm /?Legal Futures

When thinking about how to use AI effectively and safely within a law firm, it is key to identify and manage the associated risks, while not stifling innovation.

Who owns the code? If ChatGPT's AI helps write your app, does it still belong to you?

Jun 19, 2023 12:13 pm /?David Gewirtz

It's complicated. So we reached out to legal experts for some definitive answers.

AI as a driver of business transformations and restructurings

Jun 19, 2023 11:39 am /?JD Supra

AI is already transforming the way we do business, and offers huge potential for companies to restructure and move towards a radically different cost-base. Here, we ask what changes are likely,...

Revolutionizing The Legal Profession: How Attorneys Are Leveraging AI Tools And Technologies - New Technology - United States

Jun 19, 2023 09:49 am /?Peter Lee

In today's fast-paced and ever-changing technological environment, Artificial Intelligence (AI) is becoming increasingly relevant and important across a wide range of industries, including the legal profession.

Artificial Intelligence and the Practice of Law in the 21st Century - New York State Bar Association

Jun 19, 2023 08:07 am /?New York State Bar Association

The legal system has never been quick to embrace change. Whether it is electronic research, electronic filing, video depositions or artificial intelligence, most of the legal system will be dragged into the future kicking, screaming and holding on to whatever antiquated methods it can sink its claws into. This is, of course, true not just … Continued

AI Act Proposal - a catch-all regulation?

Jun 18, 2023 07:00 pm /?Lexology

Artificial Intelligence (AI) is advancing so quickly that experts around the world are warning against the risks of unregulated deployment. Meanwhile…

Europe Prepares for a New Era in AI Regulation

Jun 16, 2023 10:47 am /?JD Supra

In Europe, recent advances in artificial intelligence (AI) have given rise to intense debate over how this technology should be regulated. Companies that have developed AI tools, or who are...


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Inside Legal AI?brings together todays thought leaders to address the integration, impact, and implications of AI in the legal profession.

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