Inflection Point:

The Legal AI Revolution


ONLINE // JUNE 20 // 2023


Navigating Opportunity and Risk:

Exploring the Implications of the Exponential Maturity of AI Tools for the Business and Practice of Law



More

OVERVIEW

The legal profession has long been characterized as one that is resistant to change, deeply rooted in traditional practices, and placing a strong emphasis on the domain-specific expertise of its practitioners. 

 

However, the exponential maturity of AI tools has resulted in a significant paradigm shift in the legal landscape. 

 

The potential for AI tools (like Chat GPT and other LLMs or “Large Language Models”) to improve productivity, efficiency, and quality—if not completely transform the practice of law by automating historically tedious tasks—has made a significant impression upon the legal world and beyond. 

 

Indeed, the potential for AI to fundamentally transform the way in which legal work is conducted and law firms operate is now being recognized with increasing vigor. 


From legal research to document review and analysis to predictive analytics – AI-powered tools have the capacity to become a force multiplier in law practice, enabling lawyers to quickly and more accurately analyze large volumes of legal data and documents, identify key information within contracts and clauses and even help to highlight conflicts or non-compliance issues to mitigate risk, negotiate better terms, and largely manage client relationships more effectively. 

SUPPORTING PARTNERS

Are we at an inflection point with respect to the way legal work is done and delivered?  How will changes in the legal market resulting from AI automation affect our business models and client expectations?  And how might we adapt our service offerings to meet the evolving needs of our clients where many routine tasks are likely to be automated? 

 

And if we pause for a moment, shouldn’t we consider all that we might be leaving behind in terms of experience and know-how, by automating rote tasks? 


Now is the time for firm leaders to carefully consider the opportunity and risk inherent to the adoption of emerging AI tools and question the potential for unintended consequences as it pertains to our businesses. 

 

Addressing these questions and many others, Inflection Point: The Legal AI Revolution, scheduled to take place online this June 20th is an ideal opportunity to cut through the hype and do some level-setting as we explore several fundamental considerations and hypothetical futures that we are confronted with today as it relates to the state of AI/automation within the legal profession. 


The application of these maturing AI tools is seemingly bound only by our own imagination and capacity for creative problem solving. 

 

Inflection Point: The Legal AI Revolution promises to be a thought-provoking examination of where we are today, as we discuss and debate the potential benefits and risks associated with the use of maturing AI tools within the legal profession—and the opportunities for leveraging the power of these tools to add value and transform the way we work for both law firms and the clients we serve. 

Order the event replay:


If you missed Inflection Point: The Legal AI Revolution, the full event replay is available OnDemand.


Order the replay

SPEAKERS

AGENDA

9:15 AM US CENTRAL

Chairpersons Welcome Remarks


Anand Upadhye

Tech/Law/Litigation Finance

Founder, Modern Lawyer Strategies

9:30 AM US CENTRAL / KEYNOTE

Becoming Ironman Esquire:

How the Human-Centered AI Revolution Makes Legal Professionals More Important, Not Less 


This opening, keynote session will address the concept of human-centered AI (HCAI), its significance to the legal profession and why AI is more reliant on human interaction in complex areas like law – with long-term success being dependent on realizing the importance of the human element in AI.  Join us, as we discuss the concept of augmented intelligence – where AI and humans work together collaboratively to amplify the human mind, unlocking potential for better outcomes through co-creation (as opposed to relying on automation in isolation). In closing, we will also address how the legal industry can combine powerful AI tools with user-friendly interfaces to drive adoption, while keeping the user (the human) at the center of the process. 


Cat Casey 

Chief Growth Officer 

Reveal-Brainspace

10:30 AM US CENTRAL / THINK TANK

LLMs and Generative AI's Impact on the Practice of Law

Realistically, where are we today – and where might we find ourselves in 6 to 18 months? Discuss and debate viability, adoption, adaptation and disruption as it pertains to traditional modes of law practice.


  • Discuss and debate whether it is reasonable to trust that these tools can enhance the accuracy and quality of legal work by reducing human error, detecting anomalies, and providing insights and predictions based on data and evidence—liberating lawyers from some of the drudge work that generative AI can do faster, more efficiently and more reliably. 
  • How are law firms using these tools today? While the technology is still in a relatively nascent stage, there are numerous reports of firms putting these tools to task aimed at document review, contract analysis, due diligence, e-discovery, and some forms of legal research. Are these tools ready for prime-time use? 
  • Legal research meets data science: Explore some of the perceived advantages and disadvantages of using AI for legal research, both currently and in the future – as well as potential workforce transformation challenges triggered by automation, impacting staffing needs and requisite skillsets. 
  • Identifying the types of legal work that are most likely to be impacted by automation and how this may impact the firm’s workforce and staffing needs. How many “Legal Prompt Engineers” are currently working at your firm? 



MODERATOR

Meredith Williams-Range 

Chief Client Strategy & Growth Officer 

Shearman & Sterling LLP 


PANEL

Nick West 

Chief Strategy Officer 

Mishcon de Reya LLP 

Founder, MDR LAB; 

LegalTech advisor, Board Member, NED 

 

Evan Shenkman 

Chief Knowledge and Innovation Officer 

Fisher & Phillips LLP 

 

Kathleen Orr 

Global Head of Practice Innovation 

Orrick Herrington & Sutcliffe LLP

11:40 AM US CENTRAL / TECH DEMO

DraftWise AI - Securely chat with your DMS


12:00 PM US CENTRAL / THINK TANK

LLMs and Generative AI's Impact on the Business of Law

How will changes in the legal market resulting from AI automation affect our business models and client expectations? And how might we adapt our service offerings to meet the evolving needs of our clients where many routine tasks are likely to be automated? 


  • How might AI and LLMs elevate law firm intelligence functions, enabling lawyers to make better, data-driven business decisions? And what sort of data governance and database improvement projects and challenges are law firms contending with today as we aim to enhance and optimize these capabilities – and even train these models on our firm’s own data sets for more refined results? 
  • If AI-powered capability has the potential to change the way legal services are delivered, then what are the implications on pricing, revenue and profitability? How might this create new pricing pressures through efficiency gains, as clients may expect to pay less for services that are automated (or partially automated)? 
  • What will clients accept in terms of transparency as we move from tasks that historically took say 5 hours, now taking only 5 minutes? 
  • Will emerging AI technology enable corporate law departments to keep more work in-house? 
  • How might AI change our clients’ industries and create opportunities for investment in new, emerging niche practice areas? 
  • Explore how tech-driven firm differentiation can create opportunities to redefine who a law firm is through client-oriented solutions that elevate customer experience. 
  • Mapping the tech to firm capability: What skill sets are we missing and how can we address these knowledge gaps? 
  • Investing in AI technology and staff to keep up with rapid advancement and remain competitive. 


MODERATOR 

Patrick DiDomenico 

Founder 

InspireKM Consulting 


PANEL

Timothy (Tim) Fox 

Director of Practice Intelligence and Data Analytics 

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. 

 

Damien Riehl 

VP, Litigation Workflow and Analytics Content 

vLex

 

Wendy L. Rubas 

General Counsel 

VillageMD 

 

Daryl Shetterly 

Managing Director, Orrick Analytics 

Global Operations & Innovation Center 

Orrick Herrington & Sutcliffe LLP 

1:10 PM US CENTRAL / TECH DEMO

The Power of an M365 based Legal Intranet: An Inside Look into Infodash


1:30 PM US CENTRAL / THINK TANK

An Assessment of What the Tech Can and Cannot Do... At Present

What exactly are Large Language Models (LLMs)? A look at the underlying tech, how these tools work, how they’re trained and what the future holds… 


  • Understanding how Large Language Models are created and how they work.
  • The art and science of prompting AI tools: How to get these tools to work for specific applications -and using your own data to train LLMs. 
  • Language prompting and teaching a language model to think like a lawyer. 
  • Current vs. Future Capability: Discuss & Debate 
  • Predictive modeling 
  • First drafts and drafting 
  • Document review 
  • Legal research 
  • eDiscovery 
  • Summarization 
  • Contract analysis and redlining 
  • Using LLMs for regulatory compliance 
  • Turning law into code: Opportunity and risk 
  • Case law and "fact-based" work 
  • Hallucination challenges, false output risk and possible controls 
  • Where is the market today, where is it heading – and how fast are we really moving? 


MODERATOR

Nicola (Nikki) Shaver 

CEO 

LegalTech Hub 


PANEL

Michael Bommarito 

CEO 

273 Ventures 

 

Pablo Arredondo 

Co-Founder & Chief Innovation Officer 

Casetext 

 

Daniel Lewis 

CEO 

LegalOn Technologies

3:00 PM US CENTRAL / THINK TANK

Ethics and Professional Responsibility   

Ethical and legal considerations concerning the deployment of emerging and maturing AI tools within the practice of law. 


  • Navigating legal ethics as the use of technology permeates the practice of law. 
  • Risk and the dangers of misuse: Who is responsible if/when things go awry (if AI takes us down the wrong path)? 
  • Impacts on Access to Justice - ethical blurring of lines 
  • IP and Copyright implications: A re-examination of the nature of intellectual property and the pros and cons of diving into a new tech landscape before we have established the rules 
  • Redefining creativity? Who are the creators?
  • How and why your IP will become part of an AI engine 
  • How did the data get there - and who has rights to use it?
  • No law against learning: Will/should LLMs require permissions to use existing data sets? 
  • Litigation and Lessons Learned: Does the Reward Outweigh the Risk? 
  • Examples: GitHub, Microsoft and Getty Images lawsuits 
  • IP Risk & Litigation: Today and tomorrow 
  • AI and Tech Policy: Law firm governance/risk management 
  • Understanding the legal issues implicated by AI and data analytics 
  • Client consent: Moving from tasks that historically took 5 hours down to 5 minutes - and navigating nuanced conversations around price and transparency 


MODERATOR

Damien Riehl 

VP, Litigation Workflow and Analytics Content 

vLex



PANEL

Nerushka Bowan 

Head of Technology & Innovation

Norton Rose Fulbright South Africa Inc 


Eric T. Cooperstein 

Ethics Consulting and Representation

Law Office of Eric T. Cooperstein, PLLC


Ilona Logvinova 

Head of Innovation for McKinsey Legal, AGC for McKinsey Digital

McKinsey & Company


Tom Martin 

CEO and Founder

LawDroid

4:00 PM US CENTRAL

Chairpersons Closing Remarks


Anand Upadhye

Tech/Law/Litigation Finance

Founder, Modern Lawyer Strategies

This full-day series of panel discussion/think tanks will: 

REPLAY


The full event replay is now available OnDemand for Inflection Point: The Legal AI Revolution


Order below:

Learn more

This is a paragraph. Writing in paragraphs lets visitors find what they are looking for quickly and easily.

This is a paragraph. Writing in paragraphs lets visitors find what they are looking for quickly and easily.

Learn more

Event Replay



Access to OnDemand replay of


Inflection Point: The Legal AI Revolution


for one individual


$245



ORDER

Contact Us

Contact Us

Contact Us

CONTACT US

Want to Attend?

Need More Information?


For more information: contact@insidepractice.com

Contact Us

For more information on how you can partner with us on this event please contact:


Kevin Klein

VP Content & Programming

Inside Practice


E - kevin@insidepractice.com