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…

Virtual law firms, also known as distributed or new model firms, are increasing competition and broadening the offerings available to partners. These firms provide few frills and allow lawyers to keep a larger portion of their revenue compared to traditional big law firms. With recent interest from private equity funds and segments of the AmLaw…

Virtual courts, powered by blockchain technology, are challenging the traditional legal system. Decentralized dispute resolution (DDR) leverages blockchain’s transparency and security to create a new environment for resolving disputes. DDR companies like Kleros and Aragon Court provide a framework for parties to submit evidence and choose jurors from a global pool. Smart contracts can trigger…

Introduction As we navigate through an era of rapid technological advancement, the field of Human Resources (HR) is undergoing a significant transformation. The tools and technologies we use today are only the beginning of what promises to be an exciting journey into the future. In this post, we’ll explore the key trends and innovations shaping…