Lawyers should control the supply of “so-called standard electronic documents”, such as confidentiality deeds or contracts, a report has suggested. The report also highlighted the ethical and regulatory issues raised by artificial intelligence.
Magic circle law firm Clifford Chance has for the second time in four months deployed artificial intelligence in a standalone product aimed at assisting clients to comply with complex regulatory changes. It has devised an online tool to enable financial institutions to make sense of MiFID2.
A start-up using artificial intelligence (AI) to filter news and information, offering services that include being able to track how firms are perceived in the media and also give them intelligence tailored to their clients’ businesses, has acquired several major practices as clients.
An artificial intelligence (AI) lawtech start-up which claims its product can predict how courts will rule in tax cases with 90% accuracy, in on course to expand into this country. The Canadian company hopes to exploit the similarity of the tax systems in Canada and England and Wales.
Lord Chief Justice looks ahead to AI predicting case outcomes and IT taking over some of lawyers’ work
Artificial intelligence will likely be better at predicting the outcome of cases than the most experienced QCs, the Lord Chief Justice has warned. He also flagged changes that would see unbundling, outsourcing, and lesser-qualified staff assisted by technology taking over some of the work now done by lawyers.
A leading north-west injury practice has received public money to back a link-up with academics that aims to develop ground-breaking artificial intelligence technology to support decision-making within the firm. It has formed a knowledge transfer partnership with Liverpool University.
The technology behind an artificial intelligence app created to help businesspeople draft confidentiality agreements will be extended to other commercial and consumer products such as wills, and may in time be suitable for in family law cases, according to its creator.
Technology is transforming the world at a furious pace and artificial intelligence (AI) and the legal frameworks that will emerge from it and similar developments, offer “massive opportunities” for lawyers, according to a leading futurologist.
Four Cambridge university law students have created a free artificial intelligence ‘chatbot’ using natural language input with the aim of clarifying whether a criminal offence has taken place and making it more likely the police will take victims of crime seriously.
ROSS Intelligence, the artificial intelligence legal research technology built on IBM’s Watson cognitive computer, has announced its first commercial partnership with one of the largest law firms in the US.