Imagine picking up, reading, and analyzing the 2024 Clio Legal Trends Report in under twenty minutes. Four years ago, it would have felt impossible. Today, with the help of Notebook LM from Google and countless other AI tools on the market, it’s not only possible. It’s outright fun. Notebook LM is a FREE resource, with some paid premium use coming down the pipe, and it can revolutionize the ways you digest information, present it to your clients, and retain it for yourself. If you want an example, look no further than today’s episode of They Don’t Teach This in Law School. In today's installment, the robots are taking over! Law Firm Alchemy presents a deep-dive into Clio's Legal Trends Report and, using the most cutting-edge AI tools from Google, presents a podcast episode completely produced, recorded, and HOSTED by Artificial Intelligence. Our AI guest-stars summarize the latest report and share insights pulled from an essential resource on the challenges, and opportunities, facing law firm entrepreneurs, including: - The Future of Artificial Intelligence in the Legal Industry. - Advantages to Flat Fee Billing in Law - What Firm Expenses Lead to Growth? - Strengthening Your Marketing and Client Engagement. And more! However you observe the upcoming season, the team here at Law Firm Alchemy wishes you a peaceful, restful, and just plain FULL holiday.
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Legal Tech Podcast Review: As part of my month-long journey into Legal Tech innovations, today's podcast episode comes from "The Kennedy - Mighell Report," featuring a thought-provoking discussion with Emily Colbert, Head of Product Management for Practical Law. The episode centers around the transformative role of AI in legal tech, particularly within Practical Law's tools. Hosted by: Dennis Kennedy & Tom Mighell Runtime: 33 minutes Date: March 22, 2024 Key Insights: • AI Integration: Emily sheds light on how Practical Law has been harnessing AI to revolutionize the way legal professionals access and use information, moving beyond traditional keyword searches to more intuitive, conversational interactions. • Trusted Data: With Thomson Reuters' vast and reliable data sets powering this AI, the potential for deeper and more accurate insights is tremendous. • Human Expertise and AI: The balance of sophisticated AI technology with human expertise underpins Practical Law’s strategy, ensuring the reliability of the content while enhancing creative and efficient problem-solving in legal practices. Ethical Considerations: A strong emphasis on transparency regarding the capabilities and limitations of AI in legal applications is crucial to maintain user trust and ensure the practical utility of technological advancements. Personal Takeaway: The discussion highlighted not only the efficiencies brought by AI in legal research and drafting but also its potential to unlock creativity and new opportunities within the legal sector. This integration enables both young and seasoned lawyers to expand their capabilities and approach complex legal issues with renewed agility. Recommendation: I highly recommend this episode to legal professionals, tech enthusiasts, and anyone keen on understanding how AI is reshaping the tools and strategies at the core of legal work. It’s a revealing look at the future of our profession. Discussion Point: With AI becoming integral to legal tech, what new skills should legal professionals focus on developing to stay ahead? Tip: Don’t miss the hosts' parting shots in the episode—they provide valuable insights that could be immediate game-changers for you and your business.
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📚 Read a Legal Ops/Tech Book 📚 Legal operations and legal tech have grown exponentially in recent years -conferences, articles, webinars, podcasts, and increasingly, for those looking for some longer-form text, books. If you’re looking to deepen your knowledge, find inspiration, or just see what’s shaping the industry, there’s a growing library of great reads waiting for you. 💡 Not sure where to start? Here’s a shortlist, inspired by Sara Ajmi's recommendations with a few additions from the comments and my bookshelf: 📘 Run Legal Like A Business by Connie Brenton & Susan Raridon Lambreth 🤖 Legal Ops in the Age of AI and Data by Humira N., Olga V. Mack, & Memme Onwudiwe 📊 Legal Ops KPIs by Mori Kabiri 🇫🇷 Legal Operations by Emilie Calame (in French) 🌐 The Legal Tech Ecosystem by Colin Levy ✍️ Sign Here (Second Edition) by Alex Hamilton 🖥️ Tech Enabled Lawyer: A guide to making the most of the tools you have and spotting the tech you need by Fiona McLay 📈 GenO: The Rise of Legal Operations by Prashant Dubey & Mike Haven 📂 Knowledge Management for Lawyers by Patrick DiDomenico ⚖️ Law Prompts: Large Language Models for Lawyers by John Goodhue 🎨 The Legal Design Book by Astrid Kohlmeier and Meera Klemola 🛠️ These books cover everything from KPIs and knowledge management to the intersection of legal ops and AI. Whether you’re building foundational knowledge or exploring niche areas, there’s increasingly something for everyone. #legal #law #legaltech #legalops
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How will Artificial Intelligence change legal practice? Listen to Dr Lief Nissen Lunkbaek, the guest on the latest episode of The Fifth Court.
E80 of The Fifth Court, recorded at the Dublin Tech Summit AI use in law is no longer a mere concept, but a reality. This is a must listen-to episode if you want to know what's about to happen to your legal practice. Dr Leif-Nissen Lundbæk, PhD is Forbes 30-Under-30 Listmaker. He's also co-founder and CEO of the AI company Xayn. His company is working with CMS an international law firm, offering companies and organisations advice on a full range of legal issues. CMS consists of 18 independent law firms with about 80 offices worldwide and is the world's 5th largest law firm by lawyer headcount and the 21st by revenue. Prior to founding Xayn, Leif-Nissen Lundbæk worked at Mercedes Benz Daimler AG and IBM. He holds a degree in Economics from Humboldt-Universität zu Berlin, an MSc in Mathematics from Heidelberg University, an MSc with Distinction in Software Engineering from University of Oxford University, and a PhD in Computer Science from Imperial College London. And our doughty duo of hosts, Peter Leonard and Mark Tottenham discuss three more cases from the Decisis Legal Research casebook - A case where a wedding guest slipped on a dancefloor and her case was appealed right up to the Court of Appeal. The judge was very specific is his view on the plaintiffs sobriety at the event. - A case involving a bank lending a mortgage to a couple, where the husband was making repayments but the lending contract was with the wife. - A contractual dispute between an Irish company and a Dutch company involving a heat exchanger and chicken manure. With thanks to Clio - Cloud-Based Legal Technology PLEASE REPOST Fergal Harford Dr Katja Küpper Laura Gunn Jochen Lindmayer Aris Tzikas Maja Zgajnar Maria Wegrzynowska Derek Owens Seán Lucey Mark McDermott (FIIC) Stephen Mangan Justin Purcell Eimear Brown Mary Griffin Niamh Sweeney Chris Watson Enda Hardiman Christopher Clark - Legal Search Robert Mac Giolla Phadraig Dominic Carman Aaron Rogan Sarah McGuinness Gabe Pereyra Winston Weinberg https://lnkd.in/dtrNec6Q
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"The key to a successful law firm is cutting-edge legal technology." Well, this statement is not completely true! Implementing advanced legal tech might streamline your operations or even help you manage cases more efficiently, but it will never replace strategic thinking, client relationships, or expert legal knowledge. 💯 I have seen many examples where law firms invested heavily in technology but failed to understand that it is not even 10% of the work. Running a successful law firm involves tougher processes than just implementing new software. ⭐️ Let me give you one real-life example. Recently, while attending a legal tech conference, I came across a booth showcasing a powerful AI tool for legal research. It promised to revolutionize the way lawyers work. As I explored further, I realized that while this tool could save time on research, it couldn't replicate the strategic thinking and nuanced understanding that experienced lawyers bring to the table. Just like in poker, where success depends on more than just understanding the rules, running a law firm requires a blend of technology, strategy, and human insight. So always look for ways to enhance your skills and processes beyond just technology. Focus on strategic thinking, client relationships, and continuous learning to be a complete all-rounder in the legal field. Make sure you always play your cards right! What do you think about this? 💡
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ai.law introduces an AI-powered platform that drafts lawsuits from scratch. Functioning as an AI legal assistant, ai.law - AI that litigates cases with you. can generate lawsuits from basic factual input from the user. This revolutionary AI lawyer app technology marks a significant advancement in how legal professionals approach litigation, offering a glimpse into the future of the legal industry. With this new AI lawyer software, legal practitioners can now produce complex litigation pleadings in a fraction of the time it traditionally takes. As co-founder and attorney Troy Doucet indicated, “The efficiencies offered by ai.law are measured in thousands of percent.” This leap in efficiency allows attorneys to allocate more time to critical thinking, strategy development, and client relations. It also helps avoid malpractice by providing a comprehensive first draft one might expect from a three- to five-year associate. https://lnkd.in/ePyCgX_v #legaltechtalk #law #lawsuit #legal #ai
ai.law introduces an AI-powered platform that drafts lawsuits from scratch - LegalTechTalk
https://www.legaltech-talk.com
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"Debate about whether to use artificial intelligence in legal practice has ended. Discussions today are focused on costs, returns and how to best incorporate the technology into departments and outside law firms, according to an expert panel of legal tech specialists." #artificialintelligence #generativeai #lawfirm
How to adopt GenAI within your legal department or law practice
legaldive.com
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It's always nice to get positive comments, like this one, from speaking engagements. Usually people just tell me I rub my nose too much - hey, I have allergies! Thanks, Maya Missaghi! I appreciate the Minnesota State Bar Association & Jennifer Carter putting this one on. It's great that bar associations are aggressively developing practical CLE content for their #lawyer members. Plus, I can confirm that Josh Noffke did crush this one, talking about how he uses #AI in his practice, including via tools like Anthropic's #Claude, OpenAI's #ChatGPT & Notion.
This CLE was fantastic! Jared and Josh did a great job presenting AI as an approachable and practical addition to (gasp) a law practice. I still don’t quite trust it myself, but I’m a little bit closer to imagining it as a possiblility 😁 (I just accepted “the Cloud” as a safe space, ok??) thanks, guys! Check out the CLE once it’s on demand! “Rise of the Machines: Is AI Ready to Impact Your Small Law Firm?”
Event
mnbar.org
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☕️ Pour yourself a cup of knowledge with LexDiscuss Cafe’s latest episode, where legal insights and lighthearted banter blend seamlessly. Join our host, Avinash Tripathi, as he sits down with Jim Day (JD/MBA), a titan of the legal world, to discuss the journey of a legal executive, the versatility required in corporate law, and the promising horizon of AI in legal practice. 🎙 In this episode: 🤝 Meet Jim Day: Founder and Managing Partner, Claritas Law Group, former Senior Corporate Counsel at EquityZen, C-suite advisor, and a corporate law virtuoso. 🛤 Legal Journeys: Jim shares his path to becoming a legal executive and his leadership philosophy. 🎯 Adapting Strategies: Insights on tailoring legal approaches for businesses of all sizes, from startups to industry giants. 📺 Entertainment for Lawyers: Recommendations for shows that every aspiring corporate lawyer should watch. 🤖 AI and Law: Early impressions on generative AI’s role in the legal field and its potential to redefine practice. ⚙️ The Mundane and the AI: How generative AI could transform the most repetitive tasks in corporate law. 🚀 Hypergrowth Lessons: Jim recounts his experiences during EquityZen’s rapid growth and the wisdom gained. 💼 AI in Transactions: The impact of AI on due diligence, deal structuring, and negotiations in transactional law. Join us for a session that’s as enriching as your favorite coffee blend, only at LexDiscuss Café. Stay caffeinated, stay curious, and keep refilling those mugs of legal wisdom! Don't forget to like the video and subscribe to our channel. #CorporateLaw #LegalInsights #AIinLaw #LegalLeadership #LexDiscussCafe #LegalPodcast #LegalStrategies #LexDiscussPodcast #ClaritasLawGroup ☕📝 https://lnkd.in/gi2peXUX
Podcast with Jim Day, Founder and Managing Partner, Claritas Law Group (Part-1)
https://lexdiscuss.cafe
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Our turn to do an “AI Wrapped”...What does a year of AI look like for an AI-Native law firm? -90% increase in case value -2.5X more cases taken per year -50 minutes saved on intake Want to know how they do it? Read the case study here: https://lnkd.in/ek46cDBm #legalai #ainative #wrapped
Customer Story - AI Native Law Firm
eve.legal
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New episode every week! 🚀 Apple Podcasts: https://podcasts.apple.com/us/podcast/they-dont-teach-this-in-law-school/id1640557971 Spotify: https://open.spotify.com/show/1BYySDKe8nltzpY2DBqYYf