Episode 194: Future 50 Series – What the future of AI holds for the legal industry
Release Date: 12/06/2023
Episode 203: Future 50 Series – Legal Innovation and Tech in 2024 – A year in review
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We’re back for our sixth year and what a year it has been for legaltech, AI and innovation! If 2023 was the year to figure out what generative AI was all about, then 2024 was most definitely the year for pilots, experimentation, and strategies for data and AI. Well, that was how it went for some, but not everyone… In this, our annual year in review, we discussed what happened and where the dust settled in 2024 with , Partner and Chief Knowledge & Innovation Officer at and Co-chair of the ; , Head of Legal Technology and Client Services at and Host of...
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Episode 202: Future 50 Series - Breaking New Ground in Legal Education – Vanderbilt Law School’s AI Lab
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Episode 201: Legal GenAI Around the World: Africa + Middle East
The Legalpreneurs Sandbox
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Episode 200: Future 50 Series – Innovator in Residence – A leap forward in legal AI from the Ontario Bar Association!
The Legalpreneurs Sandbox
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Episode 199: Legal GenAI Around the World: Europe + UK
The Legalpreneurs Sandbox
This podcast was recorded on 18 June 2024 as the fourth session in ’s . In this session , Executive Director at the facilitated a discussion with four amazing panellists from Europe and the UK: , Partner – Location Head of Italian Intellectual Property and Technology Department, , Founder, , Global Legal Gen AI Lead, , Partner & Chief Digital Officer, Topics covered included: How, where and why GenAI is being used in legal businesses and what’s driving/limiting adoption LLMs, the impact of RAGs, and the case for/against...
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Episode 198: Legal GenAI Around the World: USA
The Legalpreneurs Sandbox
This podcast was recorded on 29 May 2024 as the third session in ’s . In this session , Executive Director at the facilitated a discussion with three amazing panellists from the USA: , Chief Innovation Officer and Chair eDiscovery & Information Governance Group, , CEO and Co-Founder, , Founder and CEO, Topics covered included: How, where and why GenAI is being used in legal businesses and what’s driving/limiting adoption LLMs, the impact of RAGs, and the case for/against the decision to build or buy What capabilities are needed...
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Episode 197: Legal GenAI Around the World: Asia
The Legalpreneurs Sandbox
This podcast was recorded on 15 April 2024 as the second session in ’s . In this session , Executive Director at the facilitated a discussion with three amazing panellists from India, Hong Kong and Singapore: , Chief Innovation Officer, (India) , General Counsel, DFX Labs (Hong Kong) , Head, Technology Media and Telecoms Practice, ; Co-Founder and Director, and and (Singapore) Topics covered included: How, where and why GenAI is being used in legal businesses and what’s driving/limiting...
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Episode 196: Legal GenAI Around the World: Australia + New Zealand
The Legalpreneurs Sandbox
This podcast was recorded on 12 March 2024 as the inaugural session in ’s . In this session , Executive Director at the facilitated a discussion with three amazing panellists from Australia + New Zealand: , Senior Legal Counsel, Vice Chancellor’s Office, , Partner + Chief Knowledge and Innovation Officer, and Co-Chair, , Co-founder & CEO, Topics covered included: How, where and why GenAI is being used in legal businesses and what’s driving the uptake LLMs, RAGs, hallucination and whether to build or buy What...
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Episode 195: Future 50 Series – Legal Innovation and Tech in 2023 – A year in review
The Legalpreneurs Sandbox
This session has become an annual event for us and, this was a BIG year to review the world of legaltech, AI and innovation. So much has happened since ChatGPT exploded onto the market in November 2022. Its impact has been pervasive, even in an industry like legal which would not, in the past, have been described as agile. So, what changed in 2023? What stuck, what didn’t, and why? We welcomed back , Partner and Chief Knowledge & Innovation Officer at and Co-chair of the ; , Head of Legal Technology and Client Services at ;...
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Episode 194: Future 50 Series – What the future of AI holds for the legal industry
The Legalpreneurs Sandbox
In this session, we spoke with , the Founder and Director of legal industry-focused tech consultancy, ESPconnect and an Adjunct Professor (Industry) at UTS Faculty of Law. Beth’s career has the distinctive hallmark of being groundbreaking. The depth and breadth of her experience in tech and legaltech, in tech companies and law firms, as a consultant and educator, means she has a highly practical, global and unique perspective on where AI in the legal industry is going today. Our discussion began with context - placing generative AI in the broader AI continuum - and moved into its impact...
info_outlineIn this session, we spoke with Beth Patterson, the Founder and Director of legal industry-focused tech consultancy, ESPconnect and an Adjunct Professor (Industry) at UTS Faculty of Law.
Beth’s career has the distinctive hallmark of being groundbreaking. The depth and breadth of her experience in tech and legaltech, in tech companies and law firms, as a consultant and educator, means she has a highly practical, global and unique perspective on where AI in the legal industry is going today.
Our discussion began with context - placing generative AI in the broader AI continuum - and moved into its impact on the legal industry. We are all still experimenting (testing and investing) in every industry, legal included, and we should be because there are still major issues with the tech that need to be worked out. However, what was also clear from our chat is the need for us to engage with the tech NOW because it’s not going away, not ever! Senior management in law firms know this (as do our clients) and they’re driving the engagement with it, something that makes this tech journey different from others.
What AI will we end up with at the end of this journey? Beth opines it will be a portfolio - a combination of enterprise-wide tech and point solutions, with commercial models driving the selection of what you use, for what and when. But, integration will also remain key; data governance critical; and capabilities to identify pain points, choose and use/apply fit-for-purpose tech increasingly part of every solution and BAU.
The opportunities with AI in legal are plentiful for those who jump in – new roles, new responsibilities, new practice areas (or expanded), new revenue streams, increasingly refined LLMs that do more and do it better – it’s a brave old and new world which we will embrace with FOMO (Fear of Missing Out) or JOMO (Joy of Missing Out) – you’ll definitely want to listen to or watch this session to see where you fall on the continuum!
If you would prefer to watch rather than listen to this podcast, you’ll find the video here.
Resources:
- Thomson Reuters Institute, Edge International, and ESPconnect: 2023 Australia: State of the Legal Market Report
- Thomson Reuters, Tech & the Law 2023 Report: Perceptions and Priorities
- The conference referred to it this session is CLI’s Legal Generative AI Summit 2023 (24 and 25 October) – you will find the video and podcast recordings here.
About the Future 50 Series
In the Future 50 Series, we’re chatting with legalpreneurs who, through their ideas and actions, are challenging and transforming legal BAU all around the world.
If you would like to recommend people for this Series, please contact us at: [email protected].