The use of AI in the legal sector has almost quadrupled in the last year. A survey by LexisNexis found that 41% of lawyers now use generative AI for work purposes – a massive leap from just 11% in July 2023. Bhavisa Patel, director of legal technology at Eversheds Sutherland, explains that it is AI’s ability to streamline operations that makes it so essential: “Legal research, document review, and contract analysis become simpler and quicker, allowing lawyers to concentrate on strategic work.” At VWM Capital we use AI to enhance our case selection for litigation funding investment opportunities. Industry-leading lawtech allows us to identify the cases with the highest probability of success, minimizing risk and maximizing profit for investors. Find out more at the link in the comments below ⬇️ #LitigationFunding #LitigationFinancing #LitigationFinance #LitigationFund #LawTech #LegalTech #AI
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Discover the Future: Legal AI in 2030🚀 What will the legal profession look like in 2030 with the rise of advanced AI? Our latest blog dives into this intriguing question and explores the revolutionary changes on the horizon. Imagine a world where AI-driven tools streamline legal processes, enhance decision-making, and transform client interactions. But what are the potential pitfalls? How will these advancements reshape the roles of lawyers and law firms? Unlock the mysteries of the future and get ahead of the curve. Don't miss out on this fascinating exploration of the legal landscape in 2030. Click the link to read the full blog now! Read more: https://lnkd.in/g5Pmhu9H #FutureOfLaw #LegalAI #Innovation #AbbottMourlyLawyers #AIinLaw
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The legal sector is evolving, and AI is leading the way! 🌟 Discover how AI enhances legal research, document management, and access to justice, while empowering human lawyers to excel. AI isn't replacing lawyers; it's supporting and augmenting their expertise. 🔗Read more in our latest blog: AI and Legal Practice: https://lnkd.in/gkvX7fag 📖 Dive into the future of legal practice and learn how the collaboration between AI and human lawyers can revolutionize the industry. #LegalTech #AI #Lawyers #LegalInnovation #FutureOfLaw #LegalPractice #ArtificialIntelligence #LegalResearch #DocumentManagement #AccessToJustice #HumanExpertise
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COO @ Proseer | Helping entrepreneurs optimize performance through tech forward accounting
ClioCon 2024 Takeaways: How AI is Transforming Law 💻⚖️ From best practices to how AI is starting to improve the way lawyers work, the conference was filled with great info. Clio CEO Jack Newton says it best: ‘Lawyers who use AI will replace those who don’t.’ Clio - Cloud-Based Legal Technology put on a great conference and I'm looking forward to next year Here are some of my takeaways 👇 #AI #LegalTech #Lawyers #ClioCon #FutureOfLaw #LawIndustry #LegalInnovation #outsourcedaccounting #fractionalcfo
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🤖 AI Whisperer | No Code Architect | Keynote Speaker | Experienced Director | VanguardAI : AI handles the routine. You handle being human.
AI in the Legal System: A Path to Justice or a Pandora's Box? 🤔 The idea of using AI to assist with legal decisions, especially in cases like amnesty hearings, is gaining traction. With a 7-year backlog, it's tempting to turn to technology for help. But is it the right move? Here's what we know: ✅ OpenAI's transparency could allow for algorithm examination and adjustments ✅ A Harvard study explored AI's potential in predicting recidivism for cash bail decisions ✅ AI could potentially speed up the process and reduce backlogs But there are concerns: ❓ Can AI truly understand the nuances of complex legal cases? ❓ How do we ensure AI doesn't perpetuate existing biases in the legal system? ❓ What about the human element in decision-making? As someone who's navigated complex systems, I can see both the potential and the pitfalls. The efficiency gains are tempting, but at what cost to justice and fairness? What are your thoughts? 🔹 Would you trust AI-assisted legal decisions? 🔹 What safeguards would you want to see in place? 🔹 How can we balance efficiency with ensuring just outcomes? Let's discuss. Your insights could shape the future of our legal system. #AIinLaw #LegalTech #JusticeSystems #EthicalAI #LegalInnovation
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Product Consultant | Helping Legal Professionals with Productivity Tools Business Management & Development | LATAM, DACH, EMEA
The legal sector is evolving, and AI is leading the way! 🌟 Discover how AI enhances legal research, document management, and access to justice, while empowering human lawyers to excel. AI isn't replacing lawyers; it's supporting and augmenting their expertise. 🔗Read more in our latest blog: AI and Legal Practice: https://lnkd.in/gYqdhqT2 📖 Dive into the future of legal practice and learn how the collaboration between AI and human lawyers can revolutionize the industry. #LegalTech #AI #Lawyers #LegalInnovation #FutureOfLaw #LegalPractice #ArtificialIntelligence #LegalResearch #DocumentManagement #AccessToJustice #HumanExpertise
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Director, Strategy and Enablement @ Clio | Hands-On Generalist, Experienced Leader, Practically AI Obsessed
Ready to learn from law firms who are excelling with AI in their practices? I know I am! #AIforLawFirms #AIforLawyers
Wondering how to use AI in your law firm? Or just as importantly, what not to use it for? 🤔 Join us next Thursday, June 20 at 11am PT | 2pm ET for an insightful CLE-eligible webinar where you’ll learn best practices to ensure your team uses AI effectively in day-to-day operations, and more ➡ https://lnkd.in/gxTSkiyN Host: 🗣 Erin Walker, Director of Strategy and Enablement at Clio Speakers: 🗣 Mazyar M. Hedayat, Esq., President at Hedayat & Associates, PC 🗣 Quinn M. Ross, Managing Partner and CEO at The Ross Firm #GoClio #LegalTech #AIInLegal
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AI can significantly increase efficiency in law firms. Today's Managing Partner summarizes a Good2bSocial article on the best practices and misconceptions that law firm leaders should be aware of when implementing this tech: https://bit.ly/3CD2Ira #ai #genai #lawfirm #legaltech
Debunking AI Myths: How Law Firms Can Embrace Technology - Today's Managing Partner
https://todaysmanagingpartner.com
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The rise of generative AI is transforming the legal landscape in ways we couldn’t have imagined just a decade ago. It’s fascinating to see how AI can streamline tasks, boost efficiency, and even aid in decision-making. Yet, these advancements bring significant ethical questions. How do we ensure AI-driven tools respect client confidentiality? How do we navigate the delicate balance between innovation and the core principles of justice? While I’m excited about the opportunities AI presents, I believe it’s crucial to approach it with a strong sense of responsibility. Technology should enhance—not replace—the human element in law. As we explore these tools further, striking the right balance between progress and ethical integrity will be key. If you’re curious about the broader implications of AI in our field, I found this article in Attorney at Law Magazine particularly thought-provoking. It’s a timely reminder of the complexities we must navigate as we step into this new era. 🔗 https://lnkd.in/gM_h5FBN #AIinLaw #LegalEthics #FutureOfLaw #TechAndJustice
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Executive Leadership | Marketing, Brand, Communications Leader | Customer & Partner Success - Revenue Retention & Expansion
📣 2025: A Defining Year for AI in Law The legal industry is transforming as AI reshapes how law is practiced, moving beyond tradition to embrace innovation. At the recent Lawyers Weekly AI Innovate event, our own Jenny Hotchin and Madeleine Porter shared their insights into how law firms are implementing strategic AI solutions and why 2025 will be pivotal. Key trends include: 1. From Experimentation to Strategy: Firms and Legal departments are evolving from isolated AI tools to integrated, end-to-end workflows that enhance efficiency and security. 2. Driving Forces: Client demands, competitive pressures, and talent retention are accelerating AI adoption. Tailored solutions must be delivered to stay relevant. 3. Looking Ahead: AI promises to transform workflows, billing, and day-to-day operations—without compromising critical legal principles like confidentiality. Jenny Hotchin summed it up: “2025 will be the year we move beyond the hype, focusing on tangible value and a serious, strategic approach to AI.” #iManage #LawyersWeekly #AI #DMS #lawyers #law #tech #legal #innovation
Why 2025 will be so significant for AI in law
lawyersweekly.com.au
Read more in this insightful article by Sentry Funding 👉 https://sentryfunding.co.uk/insights/lawyers-adoption-of-ai-is-off-the-scale-research-suggests/?utm_source=linkedin&utm_medium=social&utm_content=ap_ckdohajlyb