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I’ve signed up for all four episodes! I highly recommend my friends and colleagues join as this series will offer valuable insights into the current landscape of AI governance, the technology required for legislative compliance, and how Truyo equips your organization with the necessary compliance tools. I'm really looking forward to this!!! CG Infinity #CGinfinity Truyo | An IntraEdge Company #Truyo #AIGovernance #AIEthics #ComplianceTools #PrivacyCompliance #Legislation #AI #AILegislation #Truyo #TechCompliance #AIInsights #EducationalSeries

Register to attend the upcoming webinar series hosted by Truyo | An IntraEdge Company covering essential guidance on strategy, implementation, and scalability recommendations for your AI governance program, an essential topic for any organization seeking to safely utilize AI.

For many law firms, the natural question is where AI fits into their client onboarding process. Our Head of Legal Professionals, Nick Morgan, explains why it's advantageous in the initial research phase. 👇 Read more from Nick here: https://lnkd.in/eGGfxgr7 #riskandcompliance #amlcompliance #kyc #aml #cdd #xapienthem

Considering acquiring an #AI company? Myron M. and Brandon Meyer highlight five key AI-specific issues to assess in order to mitigate risks and maximize value. Read their insights in ABA Business Law Section's Business Law Today: https://ow.ly/U6eR50S2vOG #MTInTheNews #MTAI #MergersAcquisitions

Robust due diligence is so important when considering the acquisition of an #AI business. This of course includes a thorough assessment of #privacy aspects and #cyberesecurity of the target. Please check out this article by my colleagues Myron Mallia-Dare and Brandon Meyer for more on this topic.

CRA will be at The University of Chicago Booth School of Business 2024 Antitrust and Competition Conference where Fiona Scott Morton will be moderating sessions on case studies involving AT&T & IBM, as well as regulatory competition and the DMA. Robert Topel will delve into the Microsoft antitrust litigation, while Joshua Gans examines challenges and opportunities in regulating AI. Carl Shapiro will contribute to the lunch debate on the proper role of economics in merger review. To learn more about these thought-provoking discussions, click here: https://lnkd.in/dsNaxvrE #CRACompetition #Antitrust #CRAspeaks

Join us for a #CLOC Ask the Experts Webinar presented by Thomson Reuters: Align Your #LegalTech Roadmap with Business Strategy Facing growing workloads in your legal team? Learn how technology can transform your operations for better efficiency and value. Wednesday, December 13 at 12pm ET / 9am PT: https://lnkd.in/eZXHUD2g Our moderator and experts: Ashley Van Scyoc Aga Carpenter Kaitlin Schaberg Discover strategies for integrating tech with your business goals. Key Areas: ✅ #StrategicPlanning for Tech Roadmaps ✅ AI Implementation in Legal Departments ✅ Smart Vendor Choices for Contract Management ✅ Successful Tech Adoption Tips #LegalInnovation #LegalOperations #LegalAI

🚨 BIG NEWS in LEGAL TECH 🚨 LexisNexis announced this morning that it will acquire contract drafting platform Henchman in the second half of 2024. The terms of the transaction have yet to be announced, but I would expect this will be one of the most significant acquisitions of the year, both for Henchman and market juggernaut LN. I suspect we were all waiting to see how LN would respond to Thomson Reuters' acquisition of Casetext, Part of Thomson Reuters last year -- this seems a well-reasoned and wise answer. Jeff Pfeifer Media Statement: "By acquiring Henchman, LexisNexis will deliver personalized generative AI solutions to customers around the world. The acquisition will combine Henchman’s Document Management System data enrichment with trusted LexisNexis drafting guidance content to deliver a personalized generative AI experience. LexisNexis has immediate plans to utilize the new technology with its proprietary Retrieval Augmented Generation 2.0 (RAG 2.0) platform in its flagship Lexis+ AI solution and Lexis® Create. In Lexis+ AI, Henchman will enable the use of trusted customer data as grounding data for generative AI drafting. Henchman's capabilities will also be added to Lexis® Create, the Microsoft 365 add-in solution that enables point-of-workflow integration for generative AI drafting in Microsoft Word, Outlook, Teams and Copilot. Closing of the transaction is subject to customary regulatory consents and is expected early in the second half of 2024. The union of LexisNexis and Henchman is an extension of our drafting vision to proactively surface valuable and strategic insights for customers – delivering a center of knowledge to legal teams. We believe the combination of our teams and technology will allow customers to make informed decisions faster, generate better work product, and drive economic value for their organizations. Henchman, with its focus on creating a layer of intelligence on contract databases to accelerate drafting tasks, will enhance LexisNexis plans to deliver personalized generative AI solutions to customers around the world. Henchman core product functionality will be available to existing and new customers. Customers can expect to see the benefits of our product plans later in 2024." Full Press Release: https://lnkd.in/eMw8eMgU Henchman 2024 Legal Tech Trends Report: https://bit.ly/4aKGyyv #LegalTech #AIforSmartPeople #ArtificialIntelligence #Innovation #Law

In this article co-authored by Natasha Allen and yours truly for Law360 , we explore emerging risks to the technology industry outlook for 2024, focusing on - geopolitical - regulatory and - judicial We then propose proactive strategies that tech companies should adopt to face challenges: - Comprehensive compliance programming - Strategic IP management - Clear and transparent communication. - Stakeholder engagement - Partnering with experts Take a stroll here - https://lnkd.in/dWUpF3dQ - and tell us what you think. #techlaw #ai #artificialintelligence #innovation #venturecapital #regulatorycompliance #foleyforward #garage2global Foley & Lardner LLP

LegalTech is reshaping the legal space at a rapid pace and in-house Legal Departments are geared up for it. Gartner predicts that by 2025, Legal Departments will increase their spending on technology threefold! 🤑🤑🤑 💰 There is more to it: According to Gartner, legal technology expenditure rose by 1.5 times from 2.6% of in-house budgets in 2017 to 3.9% in 2020. LegalTech spending is projected to surge to around 12% of in-house budgets by 2025, marking a threefold increase from 2020 levels. 👀 Why and how? With AI integration, contract management, and chatbots for legal assistance, it's easy to see this coming. Imagine legal advice at your fingertips 24/7 and a legal department that's more than just a cost center - it's a strategic powerhouse. That's the vision and it's coming to life at a pace nobody saw coming. 😉 Choice? Not really: The digital transformation will move from choice to necessity in fast order. In-house teams will strive to stay ahead (or at pace) in an ever-evolving landscape, unleashing the power of data, and maximizing efficiency. As LegalTech moves from choice to necessity, budgets must follow suit. The benefits, in terms of improved efficiency and faster ROI, make these investments not only justifiable but imperative for modern Legal Departments. #LegalBudget #legaltech #modernlegal