Law Firm Technology

LLM Business: Meta AI Make Waves With New Model

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We Ask How Meta AI Can Help Law Firms Meta AI has truly arrive and the new release has made waves in the artificial intelligence (AI) landscape with the introduction of its latest large language model, Llama-3, touted as the “most capable” and “top open source model” presently available. The ‘large language model’ (LLM) used […]

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IP Lawyer Robert Plotkin Launches New Book ‘AI Armor,’ a Business Guide for Companies to Monetize and Protect AI Innovations

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(April 16, 2024, Boston) — In the lightning-fast world of artificial intelligence, new companies face numerous challenges to obtaining success, from competitors nipping at their heels to Big AI plotting to assimilate their innovations. But a new book by leading intellectual property lawyer and software patent expert Robert Plotkin reveals that intellectual property (IP) may be an innovator’s

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LegalTech News: Slaughter and May Announce Their Next Legal Tech Cohort

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LegalTech + AI The New Focus Slaughter and May’s next cohort of legal tech companies for their Collaborate program has been announced. Collaborate was started by Slaughter and May as a platform for legal tech startups to test their work in a real world setting, using the firm’s lawyers and business service personnel to develop

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Law Firm Innovation: Cleary Gottlieb and ClearyX Shortlisted for International Law Firm Innovation Award

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Cleary Gottlieb and ClearyX have been shortlisted for the International Law Firm Innovation Award at the upcoming Legal Innovation & Technology Awards, being presented by Law.com International in London on May 23. The Legal Innovation Awards seek to recognize visionary thinkers, pioneers, and game-changers who are reshaping the legal industry. The awards, now in their 10th year,

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Mitigating Losses of Non-Billable Hours to Boost Profitability

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Ari Brojde, CEO of Estateably.com Billable hours constitute a steadfast tradition in the legal industry. But increasingly they also represent a point of contention. That’s because, paradoxically enough, greater inefficiency can equate to higher billings, and thus more revenue. It’s a growing debate, pitting billable hours against non-billable hours. As billable hours drive profits, important

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Allen & Overy Sells Compliance Platform Ahead of Shearman & Sterling Merger

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Allen & Overy (A&O) has recently finalized the sale of its legal and compliance platform, aosphere, to private equity firms Inflexion and Endicott Capital, preceding A&O’s merger with Shearman & Sterling. Aosphere, a legal and compliance data subscription platform, was established by A&O in 2002 and has since garnered a substantial client base, serving over

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