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GenAI + Inhouse

Only 14% of Inhouse Lawyers ‘Never’ Use GenAI – Survey

12th June 2024 artificiallawyer Comments Off on Only 14% of Inhouse Lawyers ‘Never’ Use GenAI – Survey

A survey by Juro of 105 inhouse lawyers around the world has found that only 14.3%, (i.e. 15 of the 105), were ‘never’ using any …

LLM Pricing

Hanzo Offers Gigabyte Pricing for ‘Smaller LLMs’, ‘10X Cheaper’

11th June 2024 artificiallawyer Comments Off on Hanzo Offers Gigabyte Pricing for ‘Smaller LLMs’, ‘10X Cheaper’

eDiscovery company Hanzo is making its Spotlight AI technology generally available, which they claim ‘drastically lowers the cost’ of applying ‘smaller LLMs’ to enterprise legal …

Legal Tech M&A

Mitratech Buys Doc Auto Old-Timer HotDocs From CARET

11th June 2024 artificiallawyer Comments Off on Mitratech Buys Doc Auto Old-Timer HotDocs From CARET

HotDocs, which can trace its roots back to 1993 and helped pioneer the field of document automation, has been sold to Mitratech, the technology conglomerate …

CLM

CLM Icertis Partners With BearingPoint For Implementation Boost

11th June 2024 artificiallawyer Comments Off on CLM Icertis Partners With BearingPoint For Implementation Boost

Following on from the recent partnership with AI-driven CLM peer Evisort, Icertis has announced a new formal relationship, this time with BearingPoint, which will tap …

LLMs + DIY

Springbok AI Launches LLM Tool Kit For DIY Projects

11th June 2024 artificiallawyer Comments Off on Springbok AI Launches LLM Tool Kit For DIY Projects

Following on from the earlier article about buy vs build (see here) legal tech consultancy Springbok AI is launching a no-code tool kit to help …

Buy vs Build

Buy Vs Build – LLMs and Steam Engines

11th June 2024 artificiallawyer Comments Off on Buy Vs Build – LLMs and Steam Engines

Buy vs build was once a niche area of debate for law firms, but it has now taken on special importance in a world of …

AI Regulation

Legal Profession Split on How to Regulate AI Use

10th June 2024 artificiallawyer Comments Off on Legal Profession Split on How to Regulate AI Use

A survey of UK lawyers by Thomson Reuters has found a divided picture over how AI should be regulated, with 44% of inhouse lawyers seeking …

GenAI Accuracy

Thomson Reuters Contradicts Stanford GenAI Study – ‘We Are 90% Accurate’

10th June 2024 artificiallawyer Comments Off on Thomson Reuters Contradicts Stanford GenAI Study – ‘We Are 90% Accurate’

Thomson Reuters has contradicted the findings of a recent Stanford HAI study into its genAI research capability within Westlaw Precision, and stated ‘our thorough internal …

Law Firm Innovation

Weightmans and its Product-Focused Approach to Legal Innovation

31st May 2024 artificiallawyer Comments Off on Weightmans and its Product-Focused Approach to Legal Innovation

For UK-based Weightmans one key way to make legal tech achieve the firm’s goals is to develop productised services. Another has been to create Innovation …

CLM

Investment Fund KKR Buys CLM Agiloft In Surprise Move

30th May 2024 artificiallawyer Comments Off on Investment Fund KKR Buys CLM Agiloft In Surprise Move

BREAKING NEWS KKR, a leading global investment firm, has today announced that a fund managed by KKR has entered into an agreement to acquire a …

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