Frogslayer’s Post

🚨 New Article Alert! 🚨 Discover how to navigate the complexities of modern attachments in legal discovery with our latest article: "Managing Modern Attachments Throughout Legal Discovery: Challenges, Best Practices & Future Trends." You'll learn: 💡What modern attachments are and why they matter 💡 Best practices for preserving and collecting dynamic, cloud-stored files 💡How AI is transforming the future of eDiscovery Whether you're dealing with legal holds, cloud-based files, or dynamic data, this article has the insights to stay ahead in the evolving legal landscape. 👉 Read the full article to keep your discovery process efficient and compliant: https://lnkd.in/eRzhxRqY Penned by George Swoyer III, Esq., CEDS #modernattachments #articleswithpurpose #purposelegal #ediscovery #digitalforensics

As we continue to regularly receive questions on modern attachments, I drafted a high level article on what excactly they are, the challenges they present in the discovery process, best practices to address and trends to expect in the future. Feel free to share the article and please do reach out to myself, or any the experts here at Purpose Legal, with questions or challenges they present to you and your clients. #modernattachments #discovery #ediscovery #purposelegal #purpose #legal #attorney #lawyer #paralalegal #technology #litigation #edrm #law #forensics #digitalforensics #paralegals #lawyers #attorneys #legal #article #whitepaper

Excellent analysis.

🚀 #Legal departments have a lot on their plate, from managing spend to leveraging the latest #AI and other emerging tools. The Buying Legal Conference is your chance to gain cutting-edge insights and connect with top industry leaders. 🌟 HaystackID is sponsoring this event early next week in New York City, where industry pros will learn how to elevate legal sourcing strategies. Chat with our experts Mark MacDonald, CEDS and Bryan Bellack JD, CEDS at the event to learn how we can help you get more value from your data. Learn more: https://bit.ly/3AQJrlj. #LegalTech #eDiscovery

I recently had the privilege of talking with Steven Lerner of Law360 about the profound impact of law firm technology investments on attorney satisfaction. Our dialogue revolved around AI's ability to enhance the lives of associates by mitigating burnout and fostering leadership opportunities. Moreover, a firm's dedication to investing in AI tools signifies its commitment to spearheading innovation in this rapidly evolving arena rather than merely staying abreast of the industry. Considering that only 43% of associates are satisfied with their firm's technology investments, it's crucial for firm leadership to act swiftly and decisively to bolster overall satisfaction and enhance associate retention by adapting to the age of AI. #BigLaw #Associates #AItools #law360 #mlaglobal

🚨 Legal Tech Market Set to Soar to $50bn by 2027! 🚨 The legal tech market is predicted to hit $50 billion by 2027, driven by the generative AI revolution, according to Gartner. But is this realistic? Legaltech News explores the projections. 📈🤖 Key Insights: - Current Market Size: Estimated at $22 billion - Growth Drivers: Increased spending by Big Law, small and medium-sized firms, and in-house legal departments - In-House Adoption: Technology enabling in-house counsel to handle larger volumes of work, such as due diligence on 10,000 documents instead of 1,000 Experts believe that while the $50bn target is feasible, the timeline might be ambitious. The shift towards tech adoption across all firm sizes will be crucial. What are your thoughts on this forecast? Let’s discuss! #LegalTech #AIRevolution #MarketGrowth #LegalIndustry #Networking

Are legal teams ready for the tech-driven future of regulatory investigations? Earlier this week, the FTC’s Office of Technology released a report detailing how it integrates technology experts into investigatory teams. Its two case studies illustrate the flavor of technical requests companies must be prepared to handle in the future, underscoring the critical role of tech-savvy counsel. As we navigate this evolving landscape, it’s clear that legal departments and outside counsel with a firm grasp of technological advancements will be instrumental to succeeding in the current regulatory environment.

Join Above the Law and iManage for this insightful webinar as we take a look at recent survey results on tech trends for corporate legal departments, and other hot topics including data security, AI adoption, 2024 priorities, and much more! Register today: https://lnkd.in/gA44rGQw #iManage #InHouseLegal #LegalDept #InHouseCounsel #DataSec #GenAI #LegalAI

In the ever-evolving world of legal technology, the recent Stanford study has sparked a lively debate. The study's gaffes aside, it raises a pertinent question - where are the benchmarks for legal tech? The lack of clear benchmarks is a significant gap in our industry, making it difficult for firms to measure their progress and compare their performance. This absence of standards is not just a challenge, but also an opportunity to shape a better legal tech ecosystem. At IDS, we're committed to driving this change. Our expertise in workflow automation, data management, product implementation, system integration, managed services and Artificial Intelligence sets us apart from the competition. We're not just providing services, we're shaping the future of legal technology. #LegalTech #Benchmarks #Standards #IDS #Innovation #Change Remember, a better legal tech ecosystem is not just about the technology, but also about the people and processes. At IDS, we're proud to be part of this journey.

DraftWise CEO and Co-Founder, James Ding, shares an in-depth look at blind spots with Law360 in his recently authored article: "'Blind Spots' Pose Major Hurdle To AI Adoption In Legal Tech". Haven't heard of a blindspot? You're not alone. Blindspots are the LLM shortcoming that are rarely discussed, but post an even greater risk than hallucinations. "Because education is our greatest tool against risks that technology cannot fully eliminate, we need to trade stories and mitigation techniques on blindspots as much as we do so with hallucinations." If you’re a legal practice evaluating LLM-based solutions, ask vendors what techniques and metrics they use to evaluate the recall of their systems. If you’re a vendor, look at fundamental AI practices that have been around for decades on your best tools." Read more on blind spots in the full article: https://lnkd.in/gnBUxqHe #GenAI #AITechnology #LegalTech