The Point The business press and specialty legal press are replete with speculation about how “Generative AI”, ChatGPT, GPT4, and other AI developments might change law firms’ delivery of legal services. Most center their discussion on functionality: How well will they work? But the likelihood, and pace, of adoption will…
The Point 1. With the launch of its new “Precision Research” platform, Westlaw promises to cut in half the time lawyers take to do their legal research, and offers more precise results. 2. Law firms bill hundreds per hour for legal research by junior / trainee associates who are only one,…
The Point The last few years witnessed headlines announcing a legal technology investment boom (here, here, and here). But — for all the publicity on the investor side — actual technology adoption among law firms remains slow. This Matters to Your Business A survey of 560 law firm attorneys taken…
Technology that improves the quality and efficiency of legal work will be stymied as long as hourly billing prevails among attorneys. At least that’s my belief. Why do I say that? Hourly quotas for attorneys encourage more lawyer time per task; This motivates a proliferation of lawyers on any given…
No sector in 2019 is entirely isolated from the application of scientific knowledge for practical purposes like higher accuracy or greater cost efficiency. But the legal profession tends to resist such moves when they might result in fewer hours billed by attorneys. Consider an artificial intelligence company whose founder I…