David Hill’s Post

💡 From Insight to Impact: How GenAI Is Transforming Tomorrow's Legal Landscape 📊 A Data Revolution: More than half of legal professionals surveyed at Legalweek New York 2024, precisely 54%, are eager to deploy GenAI to mine deeper insights from data. 🎓 Educational Frontier: However, only 28% are currently leading the educational charge, underscoring a critical need for expert guidance in this emerging field. 💼 Innovation Meets Expertise: The journey into deep data analysis with GenAI promises enhanced efficiency and a new era of innovation in legal services. 💡 This isn't about more tools; it's about the right GenAI tool transforming the data deluge. 👇 Dive into the details and join the dialogue on how GenAI is reshaping the legal landscape. #GenAI #LegalInnovation #LegalTech #FutureOfLaw https://lnkd.in/gagVbMvs

Can you remember the days when you had to wait for months for a letter to get to its recipient? Or when one had to wait till the following day to read the news of what happened the previous day, in print media? Can you compare the efficiency to this era of Instant messaging and social media, where one gets information faster, and in real-time? I bet not. In the same way, legal research has transitioned, and so should a forward-looking legal practitioner like you. Legal research has evolved beyond simple e-law reporting, #AI is redefining the landscape with features such as the legal analytics feature on LawPavilion Prime and Primsol. With LawPavilion Prime and Primsol, you do not only have access to the most recent and most complete e-Law report, our legal analytics tool arms you with data-driven insights on the locus classicus, conflicts, exceptions, oldest and latest authorities on any issue of law so you can build stronger, more persuasive arguments to enhance your success rate. And that is not all, legal analytics streamlines your research, saving you valuable time and resources and keeping you ahead of the curve through updated industry trends. So, why should you still struggle with sub-optimal legal research processes when you can do more with legal analytics on LawPavilion #Prime and #Primsol? Visit store.lawpavilion.com today to join us in the journey to winning with legal analytics. Let's elevate the legal profession together, one data-driven victory at a time! 🏆 #LegalAnalytics #WinningInLaw #LegalTech #DataDrivenLaw #LegalInsights #LawyersOfLinkedIn #AI

Yesterday, Burford Capital, one of the largest international litigation funders, held a webcast titled Data Analytics and Litigation: How AI will (and won’t) change the economics of law. Lots of interesting things said, but I’d like to highlight what I found to be the essence of the topic and the discussion: Ed Walters, founder of vLex (that has one of the worlds largest datasets on legal matters): "I’m a skeptic of predictive analytics, I’m a proponent and an enthusiast of descriptive analytics, about describing the past, but I think their (AI’s ability) to predict anything in the future is overhyped by companies. I think Pablo Arredondo made reference ot this earlier, people have made very strong claims about their ability to use predictive analytics about what’s going to happen in the future. Usually what they mean is “I'll describe what has happened in the past"... …past performance is no reliable indicator of what’s going to happen in the future. For that you usually need an expert like Burford capital. You need someone, a human analyst who can look at the past data, and as Max Smith said, really predict using that. But the prediction happens with the human analyst who can make good sense of this. Maybe it will exist in the future, I don’t think it exists at all today, and anyone who says they have it today, I think you should make them back up that claim." __ Dispute resolution lawyers and legal tech enthusiasts, what are your thoughts? Is the data there? Can it be relied upon as the main input for prediction outcomes? #legaltech #litigation #arbitration #arbtech #decisionanalysis

10 AI Tools Enhancing Legal Research 1. Ravel Law: Visualizes case law. 2. Judicata: Detailed case analysis. 3. Blue J Legal: Tax law predictions. 4. Fastcase: AI-driven legal research. 5. Bloomberg Law: Integrated AI tools. 6. Lex Machina: Legal analytics insights. 7. Premonition: Predicts case outcomes. 8. ROSS Intelligence: Quick legal queries. 9. Casetext: Comprehensive case analysis. 10. Westlaw Edge: Advanced search capabilities. Takeaway: These tools streamline research and save time. Which tool will you try next?

How DLA Piper is Redefining Legal Innovation The legal industry has its fair share of traditions, but it's the innovators who truly set the pace for its future. Recently, DLA Piper snagged the "Best Use of Artificial Intelligence" award at the 2024 Legalweek Leaders in Tech Law Awards. Why does this matter, and why should we care? Let me break it down for you. Firstly, imagine a world where lawyers are more than just experts in law – they're also wizards of information, thanks to AI. Bennett Borden, a Partner and Chief Data Scientist at DLA Piper, shared an insight that resonates deeply: lawyers, at their core, are dealers in information. Now, sprinkle a little AI magic into this mix, and you've got a game-changer for every stage of legal work. DLA Piper has boldly stepped into the future with its significant expansion of the Artificial Intelligence and Data Analytics practice. With a team boasting 14 data scientists and over 100 global experts in law, policy, and technology, they're not just advising on AI adoption; they're actively shaping it. Testing AI for bias and compliance, creating legal and compliance tech, it's all in a day's work. So, what's the big deal? In an era where legal tech is often met with cautious optimism, DLA Piper's commitment to integrating AI into their practice is not just innovative; it's transformative. It's about leveraging technology to enhance efficiency, ensure compliance, and, ultimately, deliver superior service to clients. For fellow legal professionals and enthusiasts, this is a wake-up call. The future of law isn't just about understanding statutes and precedents; it's about embracing technology to better serve our clients and society. As we ponder on this achievement, let's not just offer our congratulations to DLA Piper. Let's also reflect on how we, too, can contribute to the evolving landscape of legal services. After all, innovation isn't just about winning awards; it's about pushing boundaries and reimagining what's possible. #LegalTech #Innovation #ArtificialIntelligence #LawFirms #DLAPiper #LegalIndustry

Brief Analysis now flags unverified cites! Legal professionals can feel more confident that the citations in their documents (or opposing counsel’s documents) are reliable and accurate. Learn more about the enhancements here: https://bit.ly/3P8Jr3t. #LexisPlus #LegalTech #BriefAnalysis

Harbor shares key findings from the 2023 Law Department Benchmarking Survey. Eight in 10 law departments surveyed by Harbor anticipate an overall increase in demand for their services heading into 2024—but for many, that won’t entail a comparable jump in headcount or in spending, particularly when it comes to outside counsel. What does this mean for in-house legal departments and the law firms they hire? How can they best prepare? And what can technology solutions, from automation to artificial intelligence, do to help? Follow the link to keep reading 'Fortune 500 Law Departments Navigate Growing Demand for Legal Services': https://bit.ly/3u1affD **This is the first in a series of blog posts exploring trends highlighted in the Harbor Law Department Benchmarking Survey 2023. Stay tuned for deeper dives into legal staffing, AI and automation, and the evolving relationship between law departments and outside counsel. #legalservices #generalcounsel #legalops #legaloperations #legaldepartment

In today's complex legal landscape, law firms and in-house legal departments face the challenge of managing a vast volume of documents and unstructured data while ensuring contract accuracy and mitigating potential risks.💡AI-powered contract analysis offers a transformative solution that automates repetitive tasks, identifies hidden risks, and provides data-driven insights for better decision-making. Download our PoV to learn how AI can revolutionize your contract management approach. https://lnkd.in/d_Cxpnd5 #Xtractedge #ContractAnalysis #LegalTechnology #ContractManagement

The future is now. If you aren’t adapting, learning, and growing you may likely find yourself left behind. AI will change every industry including the practice of law. How may not be fully clear but when has been answered: now. Proud of the work Husch Blackwell is doing to stay ahead of the legal world in technology, including AI. This is just one of the many reasons we are able to deliver great client service and experiences. #AI #LegalTech #TeamHB

Curious about modernizing your law firm's data strategy and bridging the data gap for AI optimization? Join us on June 27th for this full-day, peer-to-peer forum! #lawfirms #AI #legaltech #AIinLaw #LegalInnovation