Revolutionizing Law Firm Training with AI: The Power of Large Language Models
TechLaw Crossroads
by Stephen Embry
1d ago
It goes without saying that one of the most critical functions of a law firm is to train its associates adequately. But time constraints and a lack of consistency, as I have previously discussed, make good, sound training of associates problematic in many firms. However, large language models and GenAI, even open models, may offer potential solutions. Provided, of course, that the firm and its partners understand the risks and benefits of these models and how to use them. The Shortcomings of Traditional Training Methods Part of the problem with training young lawyers is that, by necessit ..read more
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Lawyers’ GenAI Hesitancy: Insights from the 2024 GenAI Professional Services Survey
TechLaw Crossroads
by Stephen Embry
1w ago
It seems like every day, there is a new vendor survey about what’s happening in the legal marketplace. Sometimes, these are designed to reveal a result that the vendor thinks will help sell its products. Sometimes, they offer beneficial and, in some cases, remarkably candid insights. Thomson Reuters’ GenAI Study Thomson Reuters released its 2024 Generative AI in Professional Services Survey Report earlier this week. The release coincided with a couple of new release announcements by Thomson Reuters in the GenAI space. TR has invested a lot of money in this area and obviously believes in its f ..read more
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Law Firms on Notice: Adapt to In-House Counsel’s Concerns in the Wake of Axiom’s 2023 Findings. Or Else
TechLaw Crossroads
by Stephen Embry
2w ago
Working with outside counsel is like getting thrown in a pit of rattlesnakes and hoping one won’t bite you. Anonymous Axiom, the 14,000-person alternative legal service provider, launched in 2000, together with Wakefield Research, recently conducted and published a Study of U.S. in-house counsel. They conducted a 15-minute Survey online in January and February of this year. Some 300 general counsels of small, mid-size, and large businesses responded. The Significance of the Findings The findings and recommendations are significant and should sound alarm bells for law firms representing busine ..read more
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Navigating Legal Tech: Can Lawyers Trust Gen AI Vendor Confidentiality Assurances?
TechLaw Crossroads
by Stephen Embry
1M ago
A loophole in Microsoft’s Azure OpenAI Service terms of use could expose privileged information to third-party review. Lawyers need to undertake reasonable diligent vetting of vendors and their terms. Reliance on vendor assurances alone is not enough. But what is? Last week, I ran across a good piece of reporting by Cassandre Coyer and Isha Marathe in law.com. The report highlighted an important issue. Legal tech vendors have aggressively marketed Gen AI products over the last 18 months. To a vendor, they all assure potential customers that the inquiries and responses are protected, that ..read more
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Serving the Underserved: Innovative Solutions Needed to Solve the Rural America’s Lawyer Drought
TechLaw Crossroads
by Stephen Embry
1M ago
The lack of lawyers in rural areas has attracted much attention lately. Rural pockets with few or no lawyers living there, the so-called legal deserts, are on the upswing. According to some surveys, 14% of the population lives in rural areas, but only 2% of lawyers do. A 2020 ABA study found that 40% of all counties in the US have fewer than one lawyer for every 1000 residents. Fifty-two counties have no lawyers, and another 182 have only one or two. There are multiple reasons for the dearth of rural lawyers. Many young lawyers simply want to live in more urban areas. They value the quality o ..read more
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Integrity Over Access. Why I Said No Thanks to a Conference’s Demand for Positive Coverage
TechLaw Crossroads
by Stephen Embry
1M ago
There can be no higher law in journalism than to tell the truth and to shame the devil. Walter Lippmann As most of you know, I frequently attend conferences–both legal tech related and those related to technology in general, like CES. I do this because I am interested in the field and because I like to think what I write as a former practicing lawyer is valuable. The latter idea, of course, carries the responsibility to be candid and to “call em as I see em”. I have tried to do that since I started blogging some seven years ago. Most of the time, the conference organizers provide media c ..read more
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Gen AI in Law: A Lawyer Reality Check
TechLaw Crossroads
by Stephen Embry
1M ago
We best be careful, or we will find ourselves in a closet talking to ourselves too much. Once upon a time, I had a good client who was fond of saying, “We best be careful, or we will find ourselves in a closet talking to ourselves too much.” Meaning, of course, that you get into trouble if you don’t get diverse viewpoints from people who perhaps see the problem and the world differently than you. My client’s wisdom was recently brought home to me in connection with the Gen AI hoopla. The last two months have been a whirlwind of conferences for me. During that time, I attended three technology ..read more
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ABA TechShow: The Power (and Agony) of Ideas
TechLaw Crossroads
by Stephen Embry
2M ago
“If you want to show up and be seen in your life, you’re going to get your ass kicked.” Brene Brown I recently finished a book by Jeremy Utley and Perry Klebahn entitled Ideaflow: The Only Business Metric that Matters. The book talks a lot about ideas and their power. The authors go to great lengths to explore ways to nurture ideas, how to work in teams to enhance ideas, and how to turn ideas into reality. They also talk about how organizations and leaders can act to nurture ideas instead of quashing them and the creativity that creates them. It’s that creativity that is essential to a v ..read more
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Beyond Size: Navigating the Complexities of Modern Legal Practices
TechLaw Crossroads
by Stephen Embry
2M ago
On our recent LegalTech Week Journalists Roundtable, we went into a discussion about the increased emphasis of late on so-called midsize law firms. In particular, we talked about their needs when it comes to things like technology. Certainly, more attention has recently been paid to this group of law firms. Clio provided a Survey entitled Legal Trends for Midsize Law Firms that focused on midsized law firms. Clio recently announced it planned to aggressively market to midsize firms in the future. An outfit called Actionstep recently released its 2024 US Midsize Law Firm Priorities Report. Tho ..read more
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From Big Law to Small Firms: A Tale of Two Cities in Embracing Legal AI
TechLaw Crossroads
by Stephen Embry
2M ago
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair.” Charles Dickens, A Tale of Two Cities Two recent studies, one by LexisNexis and one by LawPay-MyCase, looked at the use of AI and Gen AI at two ends of the legal market. The LexisNexis study, entitled 2024 Investing in Legal Innovation Survey, looked at very large law firms and businesses. LexisNexis tal ..read more
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