“As access to advanced AI tools becomes more widespread, it is likely that, at least initially, cyberthreat actors utilizing emerging AI tools will have the advantage,” the department reported.
Continue Reading Treasury Warns of AI's Threat to Financial Sector, Says Cyberattackers 'Outpacing' Defenses
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A Vendor Cyberattack Can Cost Law Firms Substantial Amounts—And the Risks Are Growing
Vendor supply chains are some of the biggest cybersecurity risks for law firms, and are all too often neglected.
Continue Reading A Vendor Cyberattack Can Cost Law Firms Substantial Amounts—And the Risks Are Growing
Onna Developing 'AI Data Pipeline' to Improve Gen AI Accuracy, Reliability
With AI Data Pipeline, Onna is aiming to make it easier for corporate legal teams to use retrieval augmented generation, a process that can reduce the amount of errors a LLM makes.
Continue Reading Onna Developing 'AI Data Pipeline' to Improve Gen AI Accuracy, Reliability
Laggards or Vanguards: Are US, EU Attorneys Approaching AI the Same Way?
The U.S.’ lead with generative AI models and the EU’s broad regulation of the technology may eventually set the stage for two potentially different AI markets.
Continue Reading Laggards or Vanguards: Are US, EU Attorneys Approaching AI the Same Way?
Inside Reed Smith's Ambitious Modernization Efforts: A Chat With CINO David Cunningham
Reed Smith is expanding its Innovation Lab and Intelligence Center of Excellence. Firm CINO David Cunningham said the venture involves new hires, outside-the-box thinking and fewer inter-departmental communication gaps.
Continue Reading Inside Reed Smith's Ambitious Modernization Efforts: A Chat With CINO David Cunningham
Education in the Age of Gen AI: The Old Way of Training Law Firm Associates 'Just Doesn't Work'
Generative AI will not eliminate lawyers, but will increase the demand for lawyers who are well-trained to work with these systems. The question is: How do law firms adequately provide that training when traditional methods no longer cut it in a modern world?
Continue Reading Education in the Age of Gen AI: The Old Way of Training Law Firm Associates 'Just Doesn't Work'
Education in the Age of Gen AI: Negotiating Skills Are Alive and Well
At a time when the rise of generative AI has the profession questioning if new lawyers are doomed to be underprepared, the inaugural ABA Business Law Section M&A Committee National Invitational proved otherwise, at least with respect to negotiation.
Continue Reading Education in the Age of Gen AI: Negotiating Skills Are Alive and Well
Biden Administration Mandates New AI Safeguards for Federal Agencies
Agencies must publish an annual list of their AI systems, an assessment of the risks those systems may pose and how the risks are being managed. Agencies must also designate a chief AI officer to oversee their AI usage.
Continue Reading Biden Administration Mandates New AI Safeguards for Federal Agencies
GCs and GenAI: Gearing Up for Change
GCs operating in today’s competitive and challenged business environment must keep on top of AI developments and be able to report to their boards on whether and how GenAI and other cutting-edge technologies can help the legal department improve its contribution to the business.
Continue Reading GCs and GenAI: Gearing Up for Change
'He's Not Going to Admit a Thing:' Sam Bankman-Fried Sentenced to 25 Years in FTX Collapse
Bankman-Fried, 32, was also ordered to forfeit more than $11 billion. His attorneys at Mukasey Young, led by Marc Mukasey, have said he will appeal.
Continue Reading 'He's Not Going to Admit a Thing:' Sam Bankman-Fried Sentenced to 25 Years in FTX Collapse
Practice Management Innovation Winner, Provider: UniCourt
“Legal innovation within the LegalTech sector involves a willingness to push the envelope, having perseverance and determination, and venturing into uncharted territory,” said Rob Lynch, Head of Product, and Simone Spencer, VP of Marketing, at UniCourt.
Continue Reading Practice Management Innovation Winner, Provider: UniCourt
Former Everlaw Legal Chief Takes Top Lawyer Role at Zendesk
“I’m excited to work alongside a team that values innovation, teamwork, and above all—connections,” newly appointed Zendesk Chief Legal Officer Shana Simmons wrote on LinkedIn.
Continue Reading Former Everlaw Legal Chief Takes Top Lawyer Role at Zendesk
Data Privacy, Governance Provider Mine Releases New Module Automating AI Mapping, Audits
Mine’s new module, MineOS AI Asset Discovery, helps organizations scan their internal and external assets to identify where artificial intelligence is used and how, in order to comply with emerging regulatory standards.
Continue Reading Data Privacy, Governance Provider Mine Releases New Module Automating AI Mapping, Audits
LTN Startup Spotlight: Altumatim Founder On Why ChatGPT Helped Their Marketing Efforts
For Altumatim co-founder David Gaskey, while strong marketing is essential to gaining exposure, what’s more important is that the offering is substantive.
Continue Reading LTN Startup Spotlight: Altumatim Founder On Why ChatGPT Helped Their Marketing Efforts
General Counsel Who Don't Embrace Artificial Intelligence Will Eventually Be Replaced
AI technology and its adoption is moving at light speed. General counsel who ignore the benefits of AI or avoid the use of AI in their legal operations will be left behind and their legal departments will suffer.
Continue Reading General Counsel Who Don't Embrace Artificial Intelligence Will Eventually Be Replaced