OpenAI's internal contract data agent parses contracts into structured data, flags non-standard terms with reasoning, and roughly halves review turnaround. Clear blueprint for AI-plus-human-in-the-loop on regulated workflows.
Argues AI shifts the GC role from cost centre to strategic driver of data, operations and partnerships. Useful read for what GCs will increasingly expect from firms.
Adoption is already happening even without formal access. Wins come from workflow redesign and revenue outcomes rather than just tools.
A sober read on what AI changes and where humans still hold the edge in knowledge work. Useful context for job-impact debates.
OpenAI's pitch to make production agents easier to build, deploy and evaluate on one stack, with embedded evals and observability. Good signal on vendor direction.
Over-automation is a trap. Treat governance, data contracts and guardrails as product, and use clear frameworks to decide agent vs simpler automation.
The prize is building "rails" (standards, workflows, data), while running LLM-wrapper "canals" now to accelerate learning. Useful framing on sequencing.
FT's Innovative Lawyers coverage argues AI pushes firms toward productised, outcome-priced work. Worth it for client-side expectations.
"Failure" means learning loops. Value comes from workflow change and fit-for-purpose use cases, not hype metrics - a practical operator's view.
Peter Duffy's curated round-up: agent hype vs reality, product moves and market signals. Handy fortnight-scan of noise vs signal.
61% of UK lawyers now use GenAI, only 17% say it's embedded in firm strategy. Culture and operating model remain the bottleneck.
Mid-September to mid-October saw $1B+ announced across Filevine, EvenUp, Eve, Harvey, Spellbook and more. Funding is back for agent-plus-workflow plays.
Beta Deep Research on Practical Law, tighter HighQ/CoCounsel integration, and language expansion. Push toward agentic, authority-grounded research.
McKinsey - One Year of Agentic AI: Six Lessons from the People Doing the Work
[Internal AG resource] McKinsey's lessons after a year of agentic AI deployments: focus on workflow, invest in evals, build observability, and pick the simplest tool that works. Solid playbook for deployments.
Claims up to 75% productivity gains and large cost savings by pairing Axiom lawyers with vetted AI tooling. Case-study fodder for in-house ROI conversations.
LawtechUK says 27 UK companies raised £117m in H1 alone, nearly all of 2024's total. Money flowing to applied AI and workflow tools.
LBR acquires Legal Geek, founders stay on. Follows the ALM-LBR merger and signals further consolidation of flagship legal tech events.