Osborne Clarke has designed a generative AI strategy hinged on involving clients in the testing and tech development process. Client feedback following the initial rollout of the firm’s GPT compliance chatbox ‘Coco’ is leading Osborne Clarke to prioritise speed over precision for users of this tool and other practice-specific AI currently in the works. According […]
Dentons has found a new innovation lead after its previous incumbent moved to Charles Russell Speechlys towards the end of last year. Rowena Rix has filled the position, making the move on 8 January 2024 from Mishcon de Reya, where she was head of legal solutions. Rix has spent the last five years in legal […]
Do you trust the tech yet? Do your clients? That’s what lawyers across the industry are trying to figure out a year after OpenAI launched ChatGPT and brought Generative AI firmly into our lives. In a roundtable session held by The Lawyer and software provider Litera, corporate partners gathered to discuss this topic. While artificial […]
Pinsent Masons is appointing AI champions within every office, creating 11 different “communities” of employees participating in data product testing. The firm wants to make support around AI-related initiatives locally accessible by establishing advanced delivery teams for each practice group, as well as function-focused communities to test the capabilities of Microsoft 365 Copilot. The 11 […]
Simmons & Simmons has developed its own generative AI (genAI) tool, with its workforce encouraged to train up and think about how new technologies can help in their daily life. The firm has called its genAI tool “Percy” – named after one of the twin brothers who co-founded Simmons in 1896. While Percy is powered […]
“There are more questions than answers,” says managing partner John Joyce as Addleshaws prepares to spend big on the tech innovation.
Last week’s artificial intelligence (AI) summit at Bletchley Park perfectly highlighted just how rapidly the landscape around this technology is morphing. The headline from the conference was the first-ever international declaration on AI safety, aimed at heading off the risk of “catastrophic harm” caused by AI. The sub-text is that the world, never mind the […]
As Microsoft releases its latest artificial intelligence (AI) tool today, law firms are considering whether they should invest in the capability and add to their already eyewatering bills from the technology giant. From today (1 November 2023), law firms and other businesses of a certain size can choose to sign up to Microsoft Copilot – […]
Increased hype surrounding the intersection between AI and law in the last year is undeniable. In the recent roundtable co-hosted by Thomson Reuters and The Lawyer, the attendees embarked on navigating the practical application of AI to in-house teams. The roundtable began with a call to arms. Discovering AI’s practical use for in-house legal teams […]
Private equity house Inflexion is making a strategic investment into Allen & Overy’s legal risk management division, aosphere. After the deal, aosphere will become a stand-alone entity. A&O will retain a minority stake in the business, while Inflexion will invest alongside US-based Endicott Capital. It emerged in September that financial services firm Lazard had been […]
Clients could soon demand a share of the financial benefits brought about by generative artificial intelligence, with so-called ‘gainshare’ deals that include discounts in bills likely to become more prominent across the legal sector. Gainshare arrangements are best known in the technology industry where the software underpinning deals can improve markedly during the lifetime of […]
Generative AI and its likely impact on the legal market has been one of the themes of 2023 but as we close in on Q4, at least we can all take solace in the fact that substantive structural change is years away. Right? Well, maybe. This year’s UK 200 report, available now on the City […]