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In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legal services are delivered and will force law firms to re-engineer their legacy economic model.
VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents. The substantial amount of time lawyers spend drafting documents during litigation. What makes you unique or innovative?
Michael has been consulting in e-discovery, information governance, project management and legal technology for 25 years, including 10-year stints at Skadden Arps Slate Meagher & Flom LLP and Stroock & Stroock & Lavan LLP. A graduate of the State University of New York, he also attended lawschool in London.
Firms that have invested in AI software, especially to manage their contracting documents, have certainly experienced an increase in productivity and efficiency in their contracting. It is achievable with the technology’s potential to identify contract types (even in multiple languages) based on pattern recognition.
Plus, we’ll guide you through the best legal AI tools that are transforming law firms into powerhouses of efficiency and innovation. Generally speaking, AI systems work by taking in data, analyzing it, and using it to identify correlations and create predictions. What is Artificial Intelligence?
Chat GPT can co-write lawreview articles in record time [1] and pass lawschool exams, including multiple choice and essay questions. [2] Dean Andrew Perlman of Suffolk LawSchool, who co-wrote the lawreview article with Chat, said “the bot ‘isn’t ready for prime time,’” but does not seem too “far off.” [3]
CCBJ: To start off, Steve, tell us about your background and what sparked your interest in legal technology. Steve Cole: I’m a lawyer by training. And, perhaps even more impactful and cost effective, what tasks can be automated with technology? Ask yourself how quickly you can have teams efficiently using the platform.
But in precisely that scenario, Amy Falcon , a litigation partner with Porter Hedges in Houston, says she was able to cut the cost of preparing the brief by 20%, and she attributes that savings entirely to the legal technology product, Clearbrief. An Antiquated System. Practicing law is her second career. 20% Savings. “I
AP: At first glance, the tool seems incredibly competent. Allison) Although like everyone else, I had heard a lot about ChatGPT and other similar AI tools ad nauseum recently, and had even seen some examples and demonstrations, I hadn’t had much of a chance to check any of them out until these Roundtable questions were circulated.
Of particular mention, were the CLEs directly aimed at Florida’s new technology requirement which went into effect January 1st by amendment to Rule 6-10.3(b). This amendment requires licensed Florida attorneys to take 3 of their required 33 hours of CLE credit in approved technology programs. MyFloridaBar pic.twitter.com/hyfgDv1qyM.
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