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Transcription technology has existed for a while now, but its accuracy has never been that high. Now, artificial intelligence could make automated transcription even more accurate. As the tech becomes better and better, is it possible that it could eventually replace human court reporters?
What better way to spend Valentine’s Day than with your favorite lawyers, legal professionals, technologists and thought leaders who will be on hand to teach lucky conference goers about all the latest trends and developments in the field of legal technology?
The impact for people clearing their criminal records can be life-changing, leading to long-term employment and financial security. And research shows that it also helps prevent recidivism. But the path to expungement is not always easy, requiring people with criminal records to navigate an unfamiliar, costly and drawn-out process. That’s where lawyer Noella Sudbury comes in.
As 2023 draws to a close, the Legal Rebels Podcast looks at the top stories in legal technology for the year. Between the explosion in popularity of ChatGPT and other generative artificial intelligence tools, the continued use of virtual or hybrid working arrangements and the underwhelming mergers and acquisitions market, it was certainly an eventful year.
Legal professionals are not immune to the pull of platforms such as TikTok, Instagram and YouTube Shorts. Some are even using short-form videos to inform clients about their law practice; build their business or brand; or shed light on the culture of BigLaw, crafting short-form video content giving an insider look at the profession.
Among them is Alex Su, a former lawyer and head of community development at Ironclad, a contract management software company.
One of the areas that has already felt the effects of ChatGPT and other large language models is contracts. Users can now use these AI-enhanced tools to help them quickly draft, analyze and review contracts. All you have to do is type in what you want, and the tech does the rest. Of course, it isn’t that simple. The technology is still in its infancy, and there are limits to what it can do.
Thanks to the COVID-19 pandemic, working from home and communicating and collaborating via real-time communication tools has become the norm for many law firms and offices. The benefits of such arrangements are obvious. However, some firms, including several of the largest in the country, have begged to differ. Citing a need to maintain or preserve office culture and strengthen personal connections, these firms are now mandating at least four days in the office per week.
For decades, lawyers who worked in BigLaw could expect some version of the following: Work long hours, including nights and weekends, with minimal free time, giving up almost all semblances of a social life. The reward: money and a potential partnership. And if you didn’t like it, there was the door. And if you were having mental health or wellness issues, then suck it up and deal with it.
When technologically assisted review first started gaining traction in e-discovery in the 2010s, many of the same superlatives assigned to ChatGPT were used to describe this groundbreaking new process that purported to review documents faster and more accurately than humans. Lawyers would get hours and hours of time back, and clients would save tons of money.
In the United States, there has been very little movement toward establishing a regulatory framework at the federal level for artificial intelligence. Why is that?
ChatGPT, the large language model released by OpenAI, is one of several such tools that have revolutionized the legal industry in a short amount of time, igniting debates about whether artificial intelligence has to be regulated—and by whom. The European Union recently took the first step toward passing the AI Act, whereby regulation would increase in proportion with the potential threat to privacy and safety that an AI system poses. China has also drafted rules to regulate AI.
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