Foresights & Friends

Foresights & Friends

By LAC GroupBusiness
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Foresights & Friends episodes

  • A class action alleges Burford manipulated metric to mislead investors & more - August 23, 2019
    - Compliance moves to flat fee solution for transactional eDiscovery
    - Class action alleges Burford manipulated metric to mislead investors
    - Deloitte launches 'Blockchain in a Box' mobile demo platform
    - Oasis, CloudNine partner to deliver eDiscovery software in the cloud
    - Legal tech vendors too focused on fixing problems that don't exist: Report
    - Nextpoint offers unlimited data processing, hosting in cloud eDiscovery software
    5 min
  • ALSPs disrupting the legal industry but to the benefit of traditional firms - Aug 16, 2019
    - State Bar of California flooded with responses opposing changes to ethics rules
    - Dentons launches risk consulting business to provide an integrated offering
    - Opinion: ALSPs are disrupting the legal industry but to the benefit of traditional firms
    - ABA approves a resolution calling on courts and lawyers to address ethical and legal issues associated with AI in the law
    - Wolters Kluwer integrates NITA titles into Cheetah research platform
    - SingleFile Technologies raises $3.3M to automate compliance
    6 min
  • Other jurisdictions could follow as California considers non-lawyer ownership & more - Aug 9, 2019
    - As California considers nonlawyer ownership, other jurisdictions could follow
    - Firms developing legal tech solutions can benefit from non-legal designer input
    - ABA proposes the creation of a group to define legal and ethical guidelines for AI use
    - Document management tops the list of most impactful lawyer tools as AI and blockchain rank at the bottom
    - Thomson Reuters survey reveals lawyers' attitudes toward technology adoption is changing
    6 min
  • CLOC's law firm community, Stuart Fuller heads KPMG's legal services & more - August 2, 2019
    CLOC launches community for law firm legal operations professionals
    https://cloc.org/about-us/cloc-in-the-news/cloc-announces-launch-of-law-firm-community/
    CLOC's Law firm Community is in response to the growing number of law firms creating legal operations roles and recognizes the need for increased collaboration between law firms and corporate legal operations. The community is open to legal professionals who dedicate the majority of their focus to legal operations or business management and who are employed at a private law firm. Those employed by companies who provide goods and services to the legal market aren't eligible to participate.
    Survey finds a third of U.K. consumers access legal services online
    https://www.legalfutures.co.uk/latest-news/one-in-three-legal-consumers-using-online-services
    The Legal Services Consumer Panel's annual tracker survey found one in three legal consumers use online services. The proportion of consumers using online services has grown at a steady rate in the last eight years and rose from 30% to 33% in the last year. Those seeking legal services by phone dropped from 14% to 12%, while those seeking face-to-face advice was at 45%. Satisfaction levels depended on the delivery method with 95% satisfied with face-to-face service, followed by online (79%) and by telephone (74%).
    ASEAN LegalTech Association launches to promote regional legal tech ecosystem
    https://news.bloomberglaw.com/us-law-week/new-group-promotes-growing-southeast-asian-legal-tech-ecosystem
    The Southeast Asian group wants to take advantage of the legal tech industry in Singapore and nearby countries by building and nurturing a regional legaltech ecosystem. Members of the ASEAN LegalTech Association include legal tech startups, law firms, legal departments and regulators in the region.
    Diligen introduces self-training system to quickly learn new contract clause types
    https://www.legaltechnology.com/latest-news/diligen-launches-ml-based-self-training-system/
    Diligen Prodigy is a self-training system that allows legal departments and law firms to train Diligen to recognize new clause types in contracts. The system offers data for users to classify, removing the need to dig through documents to highlight relevant text.
    Clyde & Co partners with AI company NVT to develop machine learning offering
    https://www.clydeco.com/firm/news/view/clyde-co-to-use-innovative-visual-search-tool-in-development-of-machine-lea
    The firm's Data Lab will leverage Neural Vision Technologies' (NVT) visual search engine, NVT VISTA, to speed up the search and retrieval of records and documents. Data Lab will be able to automate record retrieval and perform analysis of large document collections. The firm says the partnership with NVT will allow it to identify data more efficiently and use it to provide insights and more value to clients.
    KPMG appoints Stuart Fuller as global leader of legal services business
    https://www.australasianlawyer.com.au/news/australian-legal-heavyweight-tapped-to-lead-kpmgs-global-legal-business-264756.aspx
    Fuller, who will be based in Australia, succeeds Swiss-based Juerg Birri, who will retire from the firm at the end of the month. Fuller joined KPMG from King & Wood Malleson in 2018 to lead KPMG Law in Australia. Partner Kate Marshall will be promoted to head of KPMG Law in Australia once Fuller assumes his new role.
    4 min
  • LAC Group Acquires ShiftCentral Market Intelligence and More - July 26, 2019
    - LAC Group acquires ShiftCentral to add depth to research and competitive intelligence services
    - Law firm's launching subsidiaries as clients embrace alternatives
    - Thomson Reuters expands suite of cloud-based offerings with acquisition of HighQ
    - LexisNexis forms contract management joint venture with Axiom subsidiary Knowable
    - Simmons & Simmons acquires Wavelength to introduce new client services, solutions
    -Bloomberg Law unveils automated brief analyzer with beta testing planned this fall
    -Neota Logic partners with Repstor on automation of matter intake, creation
    6 min

About Foresights & Friends

From the publisher's feed

A series of exclusive interviews with LAC partners and how they use onward knowledge to take action today.