Ankura’s Post

AI in eDiscovery: Balancing Opportunity with Caution eDiscovery plays a crucial role in litigation, internal investigations, and compliance. However, exploding data volumes force legal professionals to walk a tightrope between identifying all relevant information and managing cost and risk. AI in eDiscovery offers huge benefits in terms of speed and insights, but significant challenges require legal teams to proceed with caution. Learn more: https://bit.ly/44hpuyJ #AI #eDiscovery

According to a recent FTI Consulting survey, the majority of general counsel and chief legal officers are open to their team or outside counsel employing AI for eDiscovery and document review. The survey polled in-house leaders’ comfort level with AI use in several areas, such as compliance monitoring, investigations, and legal operations, among others. Full report https://lnkd.in/e_NcX5Zg #generalcounsel #ediscovery #AI #legaltech

On Friday, Colorado Governor Jared Polis signed the Consumer Protection for Artificial Intelligence (SB 205) into law, the first comprehensive state AI law that imposes rules for certain high risk AI systems. The law requires that AI used to support ‘consequential decisions’ for certain use cases should be treated as ‘high risk’ and will be subject to a range of risk management and reporting requirements. The new rules will come into effect on February 1, 2026. The rule has a series of requirements that will impact businesses developing & deploying AI, including: ▪ Duty of Care to avoid algorithmic discrimination ▪ Requirement for a risk management program ▪ Consumer transparency requirements ▪ Incident Reporting obligations to the Colorado Attorney General ▪ Enforcement Read our full summary and analysis of the law here https://lnkd.in/euC2c-dr

Discover the tools and insights needed to transform legal expertise into operational performance with Wolters Kluwer on 23 April, at 10am UTC. (https://lnkd.in/d-2GTBAk) Our esteemed speakers will explore the future of corporate housekeeping powered by AI how to monitor corporate activities with precision and stay on top of your entity information.   The panel: Simon Winter, Sales Executive, Wolters Kluwer Legal Software Maurits Annegarn, Senior Manager Legal Technology, Wolters Kluwer Legal Software #AI #LegalPratice #AssetFinance #LawFirmManagment 

JUST RELEASED! Our survey report, Mandate to Modernize: A Deep Dive into Priorities for Litigators in 2024, provides a detailed synthesis of the responses from over 200 leading litigators working in today’s increasingly bottom-line-driven landscape. Access detailed analysis of insights on how data and AI initiatives, performance metrics, operational governance and more are defining a new paradigm for in-house and law firm litigation teams. DOWNLOAD NOW: https://hubs.li/Q02BKn9J0 #litigation #ai #artificalintelligence #survey #legal

Unlock the power of Lexis+ AI! I just want to start by saying thank you to everyone that has signed up to our AI insider programme already. For those who haven't... why not? Its FREE! The content is there to inform people on what to expect from AI within the legal industry and what LexisNexis are doing to support legal professionals. What would you like Lexis+ AI to do? - Compare case law in seconds. - Ask Lexis+ AI legal questions - Document drafting - Case summaries Overall, the integration of AI in the legal sector is imminent. It promises increased productivity, cost-effectiveness, and accuracy, ultimately transforming the legal industry for good. Why not become an early adapter and watch your time on tasks shrink exponentially! Discover more: https://ow.ly/F9qm50QGefJ #LexisPlus #LegalTech #LawTech

🚀 Big News! Prevail now offers AI-powered transcript summaries! 📄 Traditional transcript review can be time-consuming and costly. Our transcript summary service offers precise, high-quality summaries that save time and money. Imagine cutting down your document review time with advanced AI that captures nuanced meanings and context. 👉 Legal professionals, government entities, and organizations can streamline eDiscovery while ensuring top-tier security and confidentiality. Ready to transform your approach to legal document review? 👇 Learn more about our AI-enhanced transcript summary services in our latest blog. #LegalTech #AI #eDiscovery #TranscriptSummaries #Efficiency #Innovation #LegalIndustry

Our head of AI strategy, Christopher Stephenson and David Stromberg, in collaboration with Association of Certified E-Discovery Specialists (ACEDS) share the transformative power of AI in legal discovery in our latest webinar. Learn how AI can transform case management, document review, and predictive analytics for smarter decision-making. Elevate your legal game. Watch now! 🔗 https://lnkd.in/gMbXi6Y8 #Nuix #LegalTech #legaldiscovery #AI #eDiscovery #ACEDS #Webinar #Innovation 

Nuix is leveraging cognitive AI with powerful processing to enhance law firms and corporate legal departments with their ediscovery and much more.

Good read about AI in eDiscovery…