Attorneys shift career paths to legal-technology sector | AI alters legal industry landscape | Lawyers see a need for more modern tech
May 22, 2019
ILTA SmartBrief
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Attorneys shift career paths to legal-technology sector
Funding for legal technology startups exceeded $400 million in the first quarter of 2019, according to a Bloomberg Law analysis, as investors put money into e-discovery, legal research and legal artificial intelligence. As a result, lawyers are increasingly shifting career paths to move into legal-tech ventures.
Bloomberg Law (free content) (5/16) 
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AI alters legal industry landscape
AI alters legal industry landscape
Natural language processing and other artificial intelligence technologies are fundamentally changing the way legal professionals work, Heretik Chief Technology Officer Andy Abbott says. Tools can cut down on research time to allow attorneys to focus on strategy, though many lawyers remain unaware of the benefits of these technologies, Michael Payne writes.
Forbes (5/14),  The Legal Intelligencer (Philadelphia) (free registration) (5/15) 
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Business and Financial Management
Lawyers see a need for more modern tech
Thirty-one percent of US lawyers and 38% of UK lawyers are considering a career change in the next year, and 19% of those cited outmoded technology as the reason, revealed a survey by Intapp and YouGov. Only 20% of US lawyers surveyed said law firms need to invest more in legal technology, compared with 42% of UK lawyers.
Lawyer Monthly (5/20) 
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Perkins Coie embraces blockchain, fintech
A desire to build on its blockchain and financial-technology practices led Seattle-based Perkins Coie to move its New York City offices from Rockefeller Plaza to Avenue of the Americas. The firm has long served as a legal adviser to technology companies.
Bloomberg Law (free content) (5/20) 
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Litigation and Practice Support
Panel pushes for law technology guidelines
With recent research indicating that 47% of consumers don't trust artificial intelligence technology in legal services, the Legal Services Consumer Panel says regulators need to monitor the development of such technology to ensure consumer protections. The panel also wants regulators to offer incentives for providers to adopt legal tech.
Legal Futures (UK) (5/22) 
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Karen Pruitt a leader among women in legal tech
In her job as regional sales director at JND Legal Administration, paralegal Karen Pruitt is responsible for finding efficiencies in computer forensics, data analysis, electronic discovery, IT security and litigation readiness. She discusses her career path and offers advice for young women in this interview.
Legaltech News (5/14) 
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Leadership & Professional Development
Commentary: Technology training should be mandatory
At least one hour of technology training per year should be required of licensed attorneys in every state, writes Jeff Cox. Florida, with three technology credit hours required every three years, and North Carolina, with one-hour annual requirement, are the only states that have such rules.
Law Technology Today (5/20) 
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ILTA LegalSEC Summit Keynote Speaker: William R. Evanina
William Evanina, Director of the National Counterintelligence and Security Center, will discuss recent global events in the areas of cyber-security and offer insights to emerging threats facing the legal domain at the premier security conference, ILTA LegalSEC Summit, June 3-5 at Crystal City, VA USA.
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Calling all Experts! Speak or Moderate a Session at ILTACON 2019
ILTA is looking for more ILTACON 2019 speakers! Are you a LegalTech expert or know someone who might be the perfect speaker for a session? Check out the sessions and submit your application!
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All creative people want to do the unexpected.
Hedy Lamarr,
actress and inventor of spread spectrum communication technology

May is National Inventors Month

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