Intro
Good morning it is Tuesday again time for your weekly shot of legal tech news. This week I like to point an interesting article from Jack Shephard on the problem of Adoption of legal tech — why it doesn’t happen on its own and how to deliver it.
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Dutch Legal Tech Update
77% of Inhouse Lawyers Experience Failed Legal Tech Projects – Artificial Lawyer
In what is a sobering finding amid the CLM buzz, a survey by Onit’s ContractWorks group found that over three-quarters (77%) of inhouse lawyers had ‘experienced a failed
artificiallawyer.com
Brick by brick | Feature | Law Gazette
Lawtech regularly returns to the perennial challenge of tech adoption. Generative AI has been the focus of multiple discussions and articles (including in the Gazette). Although it can pass professional exams and is incorporated into multiple new software offerings, legal services’ appetite for and investment in innovation is mostly not reflected in lawyers’
lawgazette.co.uk
Big Law Continues to Face Layoffs, Deferrals Amid Depressed Demand | The American Lawyer
Several Big Law firms have announced layoffs and associate class deferrals as they face depressed demand across sectors and geographies.
law.com
Adoption of legal tech — why it doesn’t happen on its own and how to deliver it | by Jack Shepherd | Medium
Why is adoption important? Lots of discussion about legal technology is driven by buzzwords. Things you could do, the promise of artificial intelligence and complex data science.
medium.com
Dear Legal Tech Startups, The Corporate Flywheel Doesn't Exist
Though we’ve been a notoriously ignored market, legal technology has finally started to attract the attention of outside investment by major players like Andreessen Horowitz and Sequoia Capital. Why the sudden interest? ...
legaltechconsultants.com
CLM software has become most used in-house legal tech, survey finds | Legal Dive
Contract lifecycle management technology is also the only tool that more than 50% of in-house professionals say is effective, according to an ACC and Exterro report.
legaldive.com
Who Pays If Generative AI Runs Into Legal Troubles, You or Your Provider? | Zuva
Generative AIs may face legal issues for infringing copyrights and website terms, with potential liability extending to end users. Recent data suggests increased risk.
zuva.ai
GPT-4 Can Use Tools Now—That’s a Big Deal - Chain of Thought - Every
What "function calling" is, how it works, and what it means
every.to
Europees Parlement is het eens over regels voor ChatGPT en andere AI (Dutch)
Vrijwel alle parlementariërs zijn het erover eens dat er regels moeten komen rond kunstmatige intelligentie, maar hoe die er precies uit moeten zien was een punt van discussie.
nos.nl
Issues beyond ChatGPT use were at play in fake cases scandal | Legal Dive
Attorney Steven A. Schwartz was not familiar with bankruptcy-related matters and his firm had limited legal research tools available.
legaldive.com
Driving and managing change for legal departments
We dive into the topic of leading and managing change for in-house counsel.
lodlaw.com
Pactio - Frictionless private equity deal closings
Mitigate risk. Turn chaos into order. Reduce costs.
pactio.io