The AI “cambrian explosion” and the move to off-the-shelf AI products will go hand-in-hand in 2024 – Find out more with iManage

2023 goes down in history as the breakout year for large language models and generative AI globally, and across every industry. Law firms and technology developers have vied to take the spot of ‘industry first’ in a show of innovation and technological advancement.

Discover the five simple rules for getting law firm taxonomies right with Iron Carrot

It’s not unusual for law firms to identify that it’s hard for users to find the information they need, especially when searching cross-functionally. They conclude that it would be better if everyone used the same language (a taxonomy) – or if there was some way to link all the different vocabularies (an ontology).

Find out how to become a digital-first law firm with Advanced Legal

Digital technology is dominating headlines and discussions within law firms, from board level to the water cooler. There is no avoiding the fact that Law 4.0 – the era of smarter automation, Artificial intelligence (AI) and AI-enabled large language tools including ChatGPT and Bard is here to stay and already radically transforming the way lawyers work.

Find out how to become a digital-first law firm with Advanced Legal

Digital technology is dominating headlines and discussions within law firms, from board level to the water cooler. There is no avoiding the fact that Law 4.0 – the era of smarter automation, Artificial intelligence (AI) and AI-enabled large language tools including ChatGPT and Bard is here to stay and already radically transforming the way lawyers work.

Xperate and ONP Group collaborate to develop ChatGPT Microsoft add-in

Xperate and ONP Group have announced a collaborative project to develop a Microsoft add-in for Outlook and Word. Legal PAI (Personal Artificial Intelligence) aims to leverage the capabilities of ChatGPT, an AI-powered language model, to assist law firms in drafting and responding to documents and emails.

Termi gets an AI boost with GPT-3, firms increase productivity and improve client outreach thanks to Helm360

The tech world is abuzz with OpenAI’s GPT-3 large language model (LLM). (Who hasn’t tried writing an essay with it?) And although the debate over the model’s accuracy and writing style persists, the technology’s basic premise, i.e., a deeper understanding of data, flings the doors of possibility wide open.

Sysero: Is AI really helping solve legal operational challenges

This week a Google engineer claimed that his company had developed a sentient AI. Google denied that their AI was sentient, but rather that it used “large language models.”

Nuix acquires natural language processing company

Global software company Nuix Limited has announced that it has entered into an agreement to acquire all the shares in Topos Labs, Inc. (Topos) a developer of Natural Language Processing (NLP) software that helps computer systems better understand text and spoken words at speed and scale.

Read how RPC leaders have approached digital transformation and the concept of LegalTech

There’s been plenty of discussion about digital transformation in the legal industry. But what was often lacking was a sense of urgency to turn talk into adoption and a view that there was just not enough time available to make it happen.

BlackBoiler: Evolution of pre-execution technology

A Taxonomy of Pre-execution Contract Review Tools: In recent years, the pre-execution contract review space has evolved from AI tools that simply compare a contract to a client’s standard language to more advanced technologies that edit contracts like a lawyer can automate as much as 70% of human review time.