Technology
Three law firms now invested in fintech innovator
City giant Linklaters and US firm Orrick have joined Allen & Overy by investing in tech company Nivaura, a cloud-based service for the issue and administration of financial instruments.
Government pumps £6m into legal AI and analytics projects
The government has awarded grants totalling over £6.4m to 18 legal artificial intelligence and data analytics projects. The projects span the whole range of legal services, from City firms to a CAB.
Robot mediator settles first ever court case
A ‘robot mediator’ has been used to settle a dispute in the court system, for what is believed to be the first time. The online tool uses artificial intelligence algorithms in place of a human mediator.
LAG dips toe in water to provide online employment advice
A legal think tank and charity has launched an online employment rights advice service to fill a gap created by LASPO cuts in legal aid. It is starting in London with a view to rolling out nationally.
Law Society: Firms slow to adopt disruptive technology
Law firms are under increasing pressure to adopt lawtech, with the rewards “potentially huge”, but the profession has still been slow to embrace systems that would radically change legal services.
Companies using contract AI to help with Brexit and GDPR
More than a quarter of corporations using artificial intelligence software to review contracts are doing so for Brexit-related reasons but the technology will not remove the need for lawyers.
Court modernisation delivers £158m in savings so far
The court modernisation programme has realised £158m in “benefits” to date, more than was anticipated, the Ministry of Justice has revealed. It is also to create an advisory panel.
Platform aims to give SMEs legal advice without lawyers
A barrister entrepreneur has launched a DIY platform aimed at giving small businesses subscription access to straightforward legal advice without recourse to a human lawyer.
Global lawtech study questions long-term impact of hackathons
Technology in use around the word to help ordinary people exercise their legal rights is often only effective after false starts, while many hackathons do not see follow-through, according to a massive global study.
Exclusive: Rocket Lawyer eyes UK insurer tie-ups
Online legal documents giant Rocket Lawyer is in talks with UK insurance companies to integrate its digital services into their platforms, Legal Futures can reveal.
Blog
Containing the spread of unapproved AI
Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.
When AI adoption goes wrong, costs add up fast
City AM recently reported that London is fighting to claim the title of ‘global capital of legal AI’. However, it’s crucial we remember that adoption alone does not create value.
Gen Z lawyers vs identity, sacrifice and success
This conversation began with my training principal, who admitted something many senior lawyers quietly feel: “I struggle to understand what motivates Gen Z lawyers.”
