Artificial intelligence
fromTheregister
12 hours agoWho is liable when AI agents go wrong in business?
AI agents in business decision-making raise questions about accountability and risk distribution among vendors and users.
Legal tech is entering its consolidation era. In recent years, investors have poured billions of dollars into startups trying to win over law firms as customers. Firms are now coming out of those software pressure tests and are beginning to choose long-term vendors. Not all of the tools will survive the transition, and some are looking for buyers with distribution and balance sheets strong enough to carry them.
For the past several months, many of the most pressing questions I have been hearing from clients have come from GEO: What is it, should I be worried about it, how can I make sure my law firm is actually visible in all these AI answers? Here's what your law firm needs to know to stay relevant as the search landscape evolves.
It's a deposition in a box. From the time that you agree on a date and time of the deposition to all the way past trial, these deposition tools take care of you. Filevine Depositions builds on the functionality of the Filevine platform, which means scheduling, transcripts, summaries and analysis happen in a space that's integrated with where the rest of the case data already sits.
It's not only law firms and legal departments that are adopting GenAI systems without fully understanding what they can and cannot do - court systems may also be tempted to adopt these tools to short circuit workloads in the face of limited resources. And that poses some risks and concerns to the rule of law, a notion that hinges on accuracy, fairness, and public perception.
Anthropic announced this week that it will offer a standalone legal GenAI tool that could do such things as document review, flag risk, and even compliance work. The announcement sent legal tech vendors - and, more importantly, their investment - into frenzy. This immediately triggered a significant drop in stock prices of some big legal tech providers like Thomson Reuters, RELX, and Wolters Kluwer.