One of the best things about the legal industry is that there are multiple pathways to success. We are all trained issue spotters, and our guest on this episode identified an issue and founded a new company to fix that issue. Brian Powers is the CEO and co-founder of PactSafe, a high-velocity contract acceptance platform used by such major companies like Angie's List, UpWork, BMC, TIVO, and others to handle large volumes of clickthrough agreements. We talk with Brian about what motivated him to take on this challenge, and how he sought out to change the way businesses approach these types of contacts, and bring efficiency to the market place, and the legal industry through technology and process improvements. Brian is just one more example of those in the legal field who has found an alternative path through identifying inefficiencies, and finding ways to correct them.
Hat tip to Kristin Hodgins for her tweet this week when she saw that someone said that if law firms are going to us AI, we need ways to collect structured data. Hodgins tweet reply was spot on when she said “Guess who are experts at structured data? Librarians. Google didn’t destroy us; it help us by reducing low-value work like rote retrieval from our duties & allowed us to focus on high-order skills. AI will do the same.” Well said!
Information Inspirations:
We're doing AI Wrong
Zach Warren interviewed Brad Blickstein in a law.com article this week about how law firms are looking at AI the wrong way. When it comes to AI and law firms, Blickstein says that “[AI has] become a top-down thing: What are we doing about AI? It’s like asking, what are we doing about databases? It’s a crazy question. The question should be, what problems do we have, how do we solve them, and is AI or some semblance of AI a potential solution for that?” Brad's company, Blickstein Group, is producing a Legal AI Efficacy report that is due out this summer.
We're Communicating Wrong
This will come as a surprise to no one, but there can often be communications issues between executives and technologists. In a Harvard Business Review article, a scenario is set up between executives and data scientists, and we are walked through some examples on how to improve the communications between the two personalities. The article suggests you have a variety of projects and you build a team based on a variety of skill sets (and goes on to list them-data wrangling, data analysis, project management, subject expertise, storytelling, design)- so that the team can focus on what they do well but you have all the skills needed for a strong data science team. (We have a little fun with the data wrangling job.)
We're Podcasting Wrong
Check out Jared Corriea's latest episode of the Legal Toolkit podcast. Former law librarian, and podcast enthusiast, Tim Baran, has a number of suggestions for those of you who might be considering starting your own podcast. It turns out that Marlene and Greg are violating a few of the suggestions.
more...
Trellis' Nicole Clark on Leveraging State Court Data for Competitive Advantage (TGIR Ep. 214)
You Still Need to Put in the Work: Hyperdraft's Ashley Carlisle and Tony Thai on the AI Hype Cycle
Thomson Reuters' Kriti Sharma on Responsible AI and the Path to Trusted Tech in Law
Cybersecurity in the Remote Work Era: AI, Employees and an Integrated Defense - With SessionGuardian's Jordan Ellington and Oren Leib, and Katten's Trisha Sircar
A Literal Generative AI Discussion: How AI Could Reshape Law
The Rise of "Post-Truth" Litigation: ALM's Isha Marathe on How Deep Fakes Threaten the Legal System
The Rising Cost of Legal Services: Insights from 10 Years of Data from CounselLink's Kristina Satkunas
Curt Meltzer on Why Legal Tech Companies Should Give Back: The Business Case for Pro Bono, A2J, and Community Outreach
Christian Lang on Governing the Rise of LLMs: How LEGA Provides a Safe Space for Law Firms to Use AI (TGIR Ep. 206)
Michael Bommarito on Preparing Law Students for the Future, and His Quest on Bringing Order to the Chaos of Legal Data (TGIR Ep. 205)
Unleashing Potential: Laura Terrell on Transforming Legal Careers through Executive Coaching (TGIR Ep. 204)
LexisNexis Bets Big on AI Transforming the Legal Industry: Jeff Pfeifer on the Launch of Lexis+ AI (TGIR Ep. 203)
Lawyer vs. AI or Lawyers + AI: Embracing the Future of Legal Practice with BriefPoint.ai's Nathan Walter and Bridget Albiero
Richard Tromans on the Future of Legal Innovation and The Legal Innovators California Conference (TGIR Ep. 201)
Rethinking Law Firm Strategy: The Road to Growth and Success with Toby Brown and Nita Sanger (TGIR Ep. 200)
Revolutionizing Legal Practice: The Impact of CaseText's CoCounsel on Law and Technology with Pablo Arredondo, Evan Shenkman, and Darth Vaughn (TGIR Ep. 199)
Josh Kubicki and the Brainyacts Newsletter - Helping You Keep Up with the Advancements of Generative AI in the Legal Industry (TGIR Ep. 198)
The Future of AI within LexisNexis and the Legal Industry with Lexis CTO Jeff Reihl - TGIR Ep. 197
From Pain to Creativity: How AI Helped Kristina Kashtanova Illustrate Her "Zarya of the Dawn" Story - featuring Richmond Law's Ashley Dobbs and Roger Skalbeck (TGIR Ep. 196)
Revolutionizing Legal Technology Design with T&P Studios' Nicole Bradick (TGIR Ep. 195)
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