Larger, more complex datasets require an upgrade from legacy artificial intelligence tools for e-discovery, writes Sarah Moran of consultancy Lighthouse. In this commentary, Moran argues that "fear and hesitancy can be overcome with education, transparency and support from legal technology companies."
LEAP Group, which claims over 12,000 law firms around the world as clients, has bought two legaltech entities based in Toronto: DivorceMate Software and MySupportCalculator. LEAP plans to integrate the products into its own offerings.
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Artificial intelligence can be a double-edged sword for attorneys, according to participants in an American Bar Association virtual conference. Using AI could expose attorneys to liability suits, but not using it could be construed as negligence.
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Data gathered by legaltech provider nQ Zebraworks from nearly half of the largest US law firms indicates a shift in preference toward in-office work while still embracing the hybrid model. "Firms are moving from a very open hybrid philosophy to saying we're in the office and allowing some hybrid," notes CEO Bill Bice of nQ Zebraworks.
The process of drafting legal documents, relatively unchanged since the rise of the personal computer, can be made more efficient through technology. This article spells out three strategies for enhancing the process, starting with using a cloud-based solution such as Google Docs to foster collaboration.
Leaders can't control their legacy, but what they do in life will determine what stories are told about them, writes Wally Bock, who talks about important people in his life. "Every day you have hundreds of opportunities to be legendary, but you rarely know in advance which ones will be remembered," he writes.
Organizations with more than 10,000 employees have, on average, 46 security tools in place, reports Trend Micro, which surveyed more than 2,300 IT professionals. Trend Micro's technical director, Bharat Mistry, observes that in addition to the expense involved, "SOC teams are increasingly stressed to the point of burnout trying to manage multiple solutions."
The biggest law firm in India, Cyril Amarchand Mangaldas, promotes the development of legaltech through its incubator, Prarambh. In this article, CAM's chief innovation officer, Komal Gupta, talks about startups that have gone through the incubator and how the sector seems poised for growth.
Westphal is the vice president of security operations at a financial services company, where she specializes in security assessment, operational risk and program development. At LegalSEC Summit 2021, ILTA's annual security event, she will present, "Let's Get Real About Threat Intelligence." Registration ends today, Oct. 18 at 12 p.m. CT, so secure your ticket now. Register here.