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The role of data and AI in shaping the future of law firms
Lisa Mayo, Ballard Spahr’s director of data and analytics, explores the future of law firm innovation, from predictive analytics to developing client value departments. Mayo emphasizes the importance of data maturity and the role of artificial intelligence (AI), machine learning, and analytics in predicting business evolution. She highlights the need for firms to have a strong data…
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Meet Pierson Ferdinand: The future of law firms powered by technology
Pierson Ferdinand, a new law firm launched by the managing partners from FisherBroyles, aims to build flexible legacy systems and automate non-billable work. The firm, comprising over 130 lawyers, will operate remotely and rely on a new tech stack with proprietary algorithms and practice management systems. The founders, Michael Pierson and Joel Ferdinand, spoke about their vision for…
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AI and IP: A legal landscape in flux
Legislators and regulators are still grappling with the legal ramifications of artificial intelligence (AI), ranging from problems about machines being granted patents to issues of culpability for product failures produced by computers. The impact of AI on intellectual property (IP) law is particularly significant, with lawsuits being filed against tech companies for copyright infringement. The…
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Legal market’s ethical use of GenAI
Niloy Ray, e-discovery counsel at Littler Mendelson, discusses the ethical integration of generative artificial intelligence (AI) in the legal sector. Since its rise in late 2022, the legal community is grappling with using this technology responsibly. This urgency escalated after instances of AI-written briefs with errors emerged. U.S. judges are now mandating lawyers to disclose generative AI usage in court…
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Navigating the complexities of AI procurement in law firms: A multifaceted approach
Joshua A. Mooney, head of Kennedys’ U.S. cyber practice, and Ashley Pusey, an associate focusing on data breach and incident response, examine the complex nature of artificial intelligence (AI) procurement in legal settings. They emphasize that the decision to incorporate AI technology in law firms goes beyond financial costs, encompassing a range of factors from legal compliance…
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Tech vendors key players in law firms’ GenAI adoption
Law firms are turning to tech vendors for generative artificial intelligence (AI) solutions, due to the high cost and technical expertise required to develop large language models (LLMs). The majority of Am Law 100 firms interviewed by The American Lawyer are relying on vendors like CoCounsel, Westlaw, and LexisNexis, which have pre-existing clout in the…
