Attend the Legal AI Forum to gain a clear understanding of the business strategy behind AI for the legal sector.
Key challenges and topics of debate include:
- Developing new ways of mapping ROI to deliver long-term and short-term success, and to convince your shareholders of the opportunities within AI applications
- Using innovation and legal technology to help create new markets through diversifying your offering to enable significant growth in 2019/20 and beyond
- Shedding the fear-factor and creating an engaged, AI-enabled legal service team by implementing effective training and building a strong culture of innovation
- How to attract additional investment by effectively measuring the impact of AI on revenue, cost and productivity and other key performance indicators
- Tips and tricks on how to avoid common pitfalls, mitigate risk and plan effectively by gaining a detailed understanding of ‘when AI goes wrong’ through our series of interactive sessions
Complete the form to your right to receive the 2019 onsite agenda.
AI is now a tangible reality, offering the legal industry an opportunity to revolutionise day-to-day legal processes. The landscape of the legal sector is shifting with innovation and data driven automation moving ever closer to the heart of litigation delivery.
AI is predicted to become more widely adopted in the coming years. We can foresee that it will transform transactional and advisory practice teams as traditional players might reduce in number. In light of the rapidly evolving legal landscape, we have conducted a survey of industry professionals to gain an insight into the current trends in AI investment, implementation and impact.
Download this exclusive trends report and get answers to:
- What are the biggest challenges law firms and in-house counsels are facing in regards to AI and related tools?
- What are the next priority areas to invest in?
- What are main objectives when acquiring a new AI tool?
- When are law firms and in-house counsel seeking to invest in legal AI?
- Difficulties faced by legal AI professionals when getting management to embrace AI
Fill in your details to read the free report
The robots have been coming for some time it seems. From Turing to Watson, intelligent computers have sparked a mix of fear and excitement for decades.
At the LEGAL AI FORUM 2018, Jonathan Patterson, Managing Director & Head of Development, DWF Ventures, presented a session on "Legal AI: Setting Expectations and Engaging the Board".
Many of the same rules apply when securing buy-in from board members as with all other employees.
It is critical to demonstrate how technology ties into strategy and the implications of implementation through a balanced, reasoned set of arguments. Particularly at board level, it is critical to have enough facts and data available to support your case as ultimately it is about considering what the board wants to know and helping them fully understand why they should be interested in investing. “It is fairly simple in the sense that it's just a reasoned conversation where you're trying to persuade a group of people to do something", states Patterson.
It is also important to consider that board members will approach implementation from a slightly different perspective, more often than not one which is much more strategic and financial in its orientation. “Having some of the firm's major clients echoing your points seems to have magnification in terms of value at board level", says Patterson, as ultimately firms are built on their customer base.
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In light of the rapidly evolving legal landscape, we have put together this trends report based on the thoughts 200 legal professionals. Some of the notable findings of this report are that 81% of our respondents are looking to invest in AI technology within the next 24 months, and over 50% stated that their primary objective when acquiring AI is to improve their internal productivity capacity.
AI is already revolutionising the legal sector, building new avenues of revenue generation and client development for law firms. However, communicating these benefits effectively and securing buy-in from partners and board members can be challenging.This article will explore strategies for creating a positive momentum throughout your law firm, building a company-wide understanding of the tangible benefits of AI including its ability to save time and money, allow earlier risk assessment, develop organisational structure and improve client relations.
Ahead of his participation in the Legal AI Forum, we spoke to Jonathan Patterson, Managing Director & Head of Development, DWF Ventures in order to better understand the path that these technologies are taking towards real and substantive market adoption.
In 2015, mathematicians, computer vision and data security experts from the University of Cambridge came together with leading lawyers to bring us Luminance: the world’s most advanced AI platform for the legal profession
Artificial intelligence is growing at a phenomenal speed- while eDiscovery has fundamentally transformed the way complex litigation support is performed. Over the next decade artificial intelligence will transform transactional and advisory practice teams, creating new markets for clients in areas such as contract creation, payment security and performing due diligence.
Ahead of their participation in the Legal AI Forum, Legal IQ spoke exclusively to Jeffrey Brandt, CIO, Jackson Kelly LLC and Jeroen De Man, Managing Partner, De Groote -De Man, to discuss their thoughts on how AI technology can build new capabilities and change the usual service of delivery in a new age of legal arbitration.
Between fear and excitement, how is the legal sector preparing for AI, this growing force that cannot be ignored? In this exclusive infographic, discover what the main commercial motivations and inhibitors are behind the implementation of the various solutions in companies, their time frame and what already exists in the legal sector. Ahead of the inaugural Legal AI Forum (31st of October - 1st of November), we surveyed experts, from C-board to Innovation Managers, to gather their insight on the legal sector's position on AI.