News You Can Use

MS Copilot is expanding its features, including being more integrated across Office apps and some advancements around Copilot Studio. There are also links with OpenAI's custom GPTs. Addition of some interesting features (think deeper, voice briefings, improved search, personalised suggestions).

A more robust Copilot Studio will enable us to build out knowledge and Q&A solutions on knowledge. Better links with Office apps may allow us to surface solutions using Copilot in Outlook and Teams easier. This may also drive more clients to purchase Copilot and push work towards our prompting workshops.

An agent framework developed by Spellbook that will allow a virtual "associate" AI agent to look through documents and provide mark ups, essentially trying to automate drafting, negotiation and review processes through a central tool connected to the Spellbook solution in Word.

This is a move towards more self-sufficient playbooks, being able to arm an AI Agent with the rules of a contract and allow it to independently review and mark up documents will be very useful for our MLS offerings as well as standard contract reviews internally. We should get access to the beta of this soon and will share findings.

Survey of 800+ lawyers. 82% of lawyers are currently using or have plans to use GenAI. A 4X within the last year! 71% of lawyers said that delivering work faster is the top benefit of AI. Clients expect law firms to be using AI, and therefore reducing their bills. Still only 17% of private practice think AI will end the billable hour model...

Increasing adoption, engagement and actual growth in deployments show that GenAI is still on an upwards trend. It also shows that law firms and lawyers are still catching up and still unsure of how to practically start the wheels moving, even if they want to get things done. Keeping up with tech is seen as a major challenge for lawyers - and this is an opportunity to talk about our expertise and cross sell our workshops and trainings, as well as focus internally.

Harvey have added SPA Dealpoints to their benchmarking data, as well as releasing some further info about features and tests.

Dealpoints is a key use case around post completion work, and the approach taken by Harvey should be replicable within an AGPT based solution or something similar to Deal Clarity. It would be useful to assess our own tools in similar ways. There is already ongoing work on the previous Harvey benchmarks that we will share some results of.

Annual report setting out the most innovative law firms in Europe. AG were ranked 8th and marked Standout for our GenAI Strategy (with DLA Piper and A&OS).

It was interesting to see what other firms are doing, with DLA Piper's acquisition of a data science team and use of CoCounsel driving their win in the GenAI Strategy award, alongside the work A&OS who have invested a lot of time and money with Harvey and developed their ContractMatrix tool. Good to be recognised as top ten in Europe as a firm, considering we are not at the same level as many other firms in that bracket (i.e. Magic Circle / Silver Circle).