VentureBeat’s Post

🚀 Exciting news: We've launched "Percy", an internal generative AI tool powered by Open AI’s GPT 4. Named after one of our co-founders, Percy will transform the way we operate, bringing greater efficiencies and added value to our clients. 🤖 Our team will use Percy to generate comprehensive responses, summarise texts, and draft documents, freeing them up to focus on more complex tasks. 📝 With stringent safeguards in place, Percy operates solely within our internal environment, ensuring the utmost confidentiality. 🔒 This is a big step in our journey to become a Next Generation Law Firm, setting the standards of technology and innovation in the legal industry. 🌐 Want to learn more about Percy? Read more on our website: https://lnkd.in/eUhEyhnZ #AI #Innovation #NextGenLawFirm

In this article in Bloomberg, David Stiepleman and I offer some predictions on the impact of Generative AI on the legal industry and offer some suggestions for how best to embrace this important new technology. Read it here: https://lnkd.in/eMhayEPQ

Above the Law reported on the findings of the Wolters Kluwer Future Ready Lawyer Survey report. Among their observations: most respondents expect to use AI in the near future for big data and predictive analytics, which are low-risk, established uses for AI in legal. #legalops #legaltech #legaloperations #lawtech #businessoflaw #AI #futurereadylawyer

LexisNexis Launches Lexis+ AI Solution in the UK and Canada The AI tool, distinct in its comprehensive content, was launched in the USA in October after a successful five-month commercial preview. A host of UK firms, including Eversheds Sutherland (International), Macfarlanes, Pinsent Masons, and CMS UK, are participating in the preview program. “Our work with extractive AI laid the foundation for our work with generative AI products and features,” Jake Nelson, Senior Product Manager for machine learning and artificial intelligence at LexisNexis explains. “Lexis+ AI leverages the strong foundation we have in extractive AI to feed these large language models with the best possible information. Better information means better and more reliable generative outputs, regardless of your research or drafting task.” The Lexis+ AI platform is designed to revolutionize the legal sector with its advanced capabilities. It can interact, summarize, draft, and review legal documents, offering a level of interaction and insight not provided by other AI tools in the legal industry. With features like conversational search, enhanced summarization, generative document drafting, and document upload for comparison insights, the platform aims to streamline the legal practice. https://lnkd.in/eHnRuhjS #law #productlaunch #legal #legaltech #legaltechtalk

Matthew F. Ferraro and Alexandra Seymour joined Daniel Lewis on a recent webinar to discuss the US government's evolving approach to AI regulation and the critical role of legal teams in navigating this complex landscape. We picked some key threads and highlights of their conversation to spotlight in our latest blog post: ✅ The unique nature of generative AI and its regulatory implications ✅ The current state of AI regulation in the US ✅ Opportunities for legal teams to leverage AI and engage with policymakers Don't miss this essential guide to thriving in the age of AI! Read the full post now and learn how you can help your organization balance innovation and responsibility. #AI #LegalTech #InHouseCounsel #Regulation https://lnkd.in/gbcHrtM6

Using Claude 2 and Gpt to Summarize AI-Pocalypse: The Shocking Impact on Law Firm Profitability < Nifty use of generative AI to summarize content. (You should probably read the source articles anyhow, though.)

If you don't follow Damien Riehl and you are reading my posts....you should follow and/or connect with him on LinkedIn. Truly one of the leading subject matter experts on generative AI and he shares informative information on a regular basis. #analytics #genai #genaiforlaw #genaiforlegal #aiforlegal #amlaw100 #aisummaries #chatgpt3 #chatgpt4 #openai #edrm #iapp #aceds #arma #legaltech

🚀 Exciting news: We've launched "Percy", an internal generative AI tool powered by Open AI’s GPT 4. Named after one of our co-founders, Percy will transform the way we operate, bringing greater efficiencies and added value to our clients. 🤖 Our team will use Percy to generate comprehensive responses, summarise texts, and draft documents, freeing them up to focus on more complex tasks. 📝 With stringent safeguards in place, Percy operates solely within our internal environment, ensuring the utmost confidentiality. 🔒 This is a big step in our journey to become a Next Generation Law Firm, setting the standards of technology and innovation in the legal industry. 🌐 Want to learn more about Percy? Read more on our website: https://lnkd.in/eUhEyhnZ #AI #Innovation #NextGenLawFirm #Digital #Technology https://lnkd.in/eUhEyhnZ

Fast and accurate #legal #GenerativeAI is coming to the UK! Yesterday, we launched the commercial preview of Lexis+ AI. Lexis+ AI gives #lawyers comprehensive legal results with unmatched speed and precision, backed up with verifiable, citable authority. Become a Lexis+ AI Insider and stay ahead of the curve by gaining exclusive access to insightful webinars, thought leadership content, and receive the latest information about upcoming products. Join now: https://ow.ly/uG3h50QpVIz #LegalTech #LawTech

Today marks the first day of World AI Week in Amsterdam, and comes as AI is increasingly recognized as important to the current and future success of many sectors, including the legal sector.   As David Stiepleman and I discuss in our recent Bloomberg article, law firms have embraced technology before and reaped the rewards. Now is the time to do so again, with a mindset of transformation rather than begrudging adoption.   With generative AI, we can automate the high-volume time-consuming tasks that often weigh down to-do lists, and focus time and attention on the skills and qualities that clients need most, including project management skills, empathy, and preserving the spark of creativity that only humans can provide.    Read more in Bloomberg Law here: https://bit.ly/3PBUVNj   #AI #LegalTech #LawFirms #Technology