Risk management specialists are staring down the barrel of increasing uncertainty caused by artificial intelligence (AI) while also considering the opportunities that AI will provide for both the risk management function and the business. In-house lawyers, especially general counsels (GCs), often bear the brunt of this risk when incorporating AI, data and tech into their […]
Artificial intelligence is the only technological development that’s seen the same levels of stratospheric adoption since Big Law bosses could drop their employees an out-of-hours ‘ping’ on Blackberry Messenger. And it’s only getting bigger, says LexisNexis, which has spoken to many of City’s top 50 managing partners who all want to be fast followers of […]
In a rare opportunity for the City’s top chief technology officers (CTOs) to sit at a roundtable breakfast and discuss cloud technology. The Lawyer was joined by leading UK Microsoft expert Cloud Direct on 26 March 2024 to host an industry-specific discussion that would address the gaps in knowledge and share challenges with the technological […]
Generative AI will have transformative implications for the legal sector. As the capability of the technology increases, questions inevitably arise including the impact on the lawyer-client experience, disruption to the law firm business model, and others. What will be the biggest change? Empowering more work to be done by individual lawyers? A shift in the […]
What will The Lawyer’s AI headlines read in three years? This question was posed to managing partners at the Lexis Nexis roundtable, hosted in conjunction with The Lawyer, last month. Since ChatGPT was launched in November 2022, discourse surrounding generative AI has accelerated at a staggering rate. There is a spectrum of views across the […]
Increased hype surrounding the intersection between AI and law in the last year is undeniable. In the recent roundtable co-hosted by Thomson Reuters and The Lawyer, the attendees embarked on navigating the practical application of AI to in-house teams. The roundtable began with a call to arms. Discovering AI’s practical use for in-house legal teams […]
Days after Allen & Overy and Shearman & Sterling sent shockwaves through the market, 18 managing partners found themselves sitting in the Chartered Accountants Hall. Organised by The Lawyer and LexisNexis, the event brought together law firm leaders together to discuss the effects of generative AI on the legal profession. LexisNexis opened the evening by […]
When asked what the pros and cons of using artificial intelligence (AI) for the disclosure process in litigation are, ChatGPT produced four positively-skewed and four negatively-skewed answers. While some of the points listed by ChatGPT were similar to those raised by the litigator attendees at a roundtable dinner hosted by The Lawyer in association with legal tech […]
As a recession rolls in, now is the best time to invest in legal technology.
As political turmoil continues to temper financial markets, hamper international trade relations and exacerbate political insecurity, ensuring client stability and satisfaction still remains of vital concern for all law firms. In a recent roundtable co-hosted by Scottish-based Morton Fraser and The Lawyer, participants discussed the biggest challenges facing law firms in maintaining client satisfaction into […]
On the day that Liz Truss resigned as Prime Minister after a rebellion by Tory MPs, The Lawyer’s managing partners’ dinner alongside LexisNexis returned – this time to talk about the timely topic of how psychological safety relates to performance. Hosted by LexisNexis’ Mark Smith, Matthew Leopold and Stu Greenhill, 13 delegates were tasked with […]
Since the pandemic, digitisation and remote working have quickly moved to the forefront of the legal industry’s mind. Businesses have successfully adapted to remote working, but the pandemic has left additional challenges, such as how do we retain employees who feel burnt out in an increasingly competitive industry. How do we keep integrating technology to […]