Industry analyst Ari Kaplan recently hosted the 2023 Ari Kaplan Advisors CEO roundtable and spoke with leading CEOs about opportunities, challenges and the road ahead in the legal industry.
The past year has been one defined by unpredictability and economic uncertainty as well as the lasting impact of the pandemic on technology adoption and the emergence of generative artificial intelligence. In the wake of these developments, lawyers, traditionally tech-resistant, began to embrace advanced tools even as there was a sudden and marked downshift in legal technology investments and mergers.
Updated: LexisNexis announced Wednesday that Lexis+ AI, its generative artificial intelligence platform, will become available to 100,000 second- and third-year law and master of laws students at ABA-accredited law schools during the upcoming spring semester.
As lawyers, whether we practice in a corporate legal office, a global law firm or an independent firm, we are all trying to position ourselves for success in a changing and more globalized legal landscape. We are also all facing challenges in recruiting and retaining the young lawyers who will help us get there. Lawyer exchanges are one tool that can be effective on both fronts.
In 1950, Isaac Asimov’s book I, Robot provoked readers with speculative tales from the future—including how humans might put thinking machines to work. And now that artificial intelligence has gone from fantasy to fact, law firms are discovering how they can benefit.
As 2023 draws to a close, let’s reflect on a year that has seen remarkable strides—and changes—in legal technology. The legal profession, often criticized for its reluctance to embrace change, witnessed an unprecedented shift in attitudes, largely as a result of the generative artificial intelligence revolution. These generative AI tools, ranging from sophisticated contract review and lifecycle management to intelligent legal assistants, are redefining how work gets accomplished in law firms.
Hybrid partnerships are becoming more popular, particularly at law firms where the cost of becoming a full equity partner has increased significantly over the last few years.
You don't have to wait until the last minute to do your holiday shopping for the perfect gift for the legal professional in your life; you can start right now! The ABA Journal presents our 2023 Gifts for Lawyers Guide.
Ari Kaplan recently spoke with Eric Robinson, the vice president of global advisory services and strategic client solutions at software company KLDiscovery.
Law firm revenue increased 4.6% through the third quarter of the year, thanks to a hike in billing rates, according to a survey of more that 120 firms by Wells Fargo’s Legal Specialty Group.
The debate on the deregulation of the legal industry is as highly charged as ever. And while many agree there’s a problem, reaching a consensus on the best way forward has proved elusive.
Thomson Reuters announced Wednesday several new generative artificial intelligence products to aid in legal research while promising additional tools in 2024.
In the past decade, influencer culture has exploded. However, content creation is not just about Gen Zers and millennials promoting new brands, hot products and lifestyle choices.
Partners who choose an “activator approach” are more likely to be successful at business development, according to a new study called Unlocking the Secrets to Successful Business Development: The Rainmaker Genome Project.
The ABA Journal wants to host and facilitate conversations among lawyers about their profession. We are now accepting thoughtful, non-promotional articles and commentary by unpaid contributors.
