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How might the commoditization or productization of knowledge assets as a revenue generating component of the firm expand or proliferate as AI-powered tools become more deeply integrated within law firm #KM and #Innovation functions? The integration of emerging tech and #generativeAI opens up numerous avenues for law firms to further commoditize and productize their knowledge assets. By leveraging #AI, firms can create innovative, scalable, and marketable services and products, transforming their knowledge into valuable revenue streams while enhancing client service and engagement.    As legal documents and briefs become more data-rich and machine-readable, firms can leverage tools to analyze and extract insights from years of case law, contracts, and other documents. These insights can be packaged into practice-specific analytics, benchmarks, and model agreements that clients are willing to pay for as off-the-shelf products and services. #Documentautomation powered by AI is also allowing firms to create self-service legal products for clients. While the shift to productizing knowledge will require business model changes for law firms, it presents opportunities to monetize expertise and respond to client demands for digital legal products.    Join David Boland, (CKO), Tim Fox (Director of Practice Analytics), and Susan Sommers (Director of KM Innovation and Solutions) at Ogletree Deakins as we discuss how the firm reimagined KM as a business, as opposed to a back office cost center, delving into how the firm has developed and monetized repeatable and scalable solutions for some of its clients – evolving and expanding KM from a practice support function to a strategic, revenue-generating entity, taking a tiered, scalable approach to serving clients. For more information and to confirm your place: https://lnkd.in/gC-TiPS2 Super early bird is available through February 29th Space is limited, past NYC and Chicago programs sold out!!

  • AI x KM
Ted Theodoropoulos

Legal Tech Innovator | 2024 ILTA Innovative Leader of the Year | Podcast Host 🎧

6mo

That's a rock star panel right there!

Kevin Klein

Creative Catalyst | Content & Program Development | Client Engagement | Business Development | Market Analyst

6mo

This team has a great story to tell! So grateful to have them with us for the forum in April!

Diane Bechamps

Vice President Marketing at Virginia Tourism Corporation

6mo

Love this post Stef. I think these AI advancements are amazing and helpful to us. We will all have to joyfully navigate what we can rely on AI for and what that frees us up to allocate more time to doing effectively. I’m a fan!

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Keli Whitnell

Director of Firm Intelligence | Driving Innovation and Strategic Insights in Big Law | Thought Leader & Change Agent

6mo

Some of the best in the business!!

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