Michael Gerstenzang’s Post

Speaking in The Times today, Dentons' Head of Innovation and AI Rowena Rix talks about how Big Tech has set its sights on legal technology. Noting the surge of legal tech mergers and acquisitions in the last six months, she highlights the trend of Big Tech investing in the sector. Read how AI is fuelling better products, improvements in the delivery of legal services and new ways of doing business: https://lnkd.in/dJzkzhdF #Dentons #Law #Lawyer #Lawtech #AI #Technology

In the News: After lawsuit and lengthy delays, imaging firm finally moves forward with merger deal 🌟 Discover the latest in the world of Corporate Law! Check out this insightful piece. 💡🌍 The agreement dates to December 2022, when QT Imaging first started discussing a sale to investment firm GigCapital. 🔗 [Learn more: https://lnkd.in/e6nHzjBt] #Legal #Corporate #Business #Law

Eversheds Sutherland Partner Rachel Reid shares her expectations with Legaltech News in this featured list of industry commentators focused on what generative AI has in store for the law in 2024. “…I expect AI to begin to figure more prominently in the area of mergers and acquisitions. AI will likely become an increasingly important part of the standard due diligence checklist. An acquiring company may need to consider at the start how a target company’s AI applications have been trained, as well as the data on which they have been trained, in order to estimate its potential future impact—both risks and opportunities—on any number of stakeholders and business decisions,” Rachel said. #ArtificialIntelligence

Go Big(ger) or Get Gone? Global and big law firms are seeking market advantage by becoming even bigger. I’m talking about that more-is-better chestnut of “lawyer headcount” rather than hardcore business principles around market strategies, distinctiveness, and EBITDA that are hallmarks of economic growth. AI’s efficiencies are scaring many law firms to death and perhaps because of it more law firm deaths may happen literally. Whether AI will directly result in law firm failures remains to be seen. Still, we’re at a reckoning point where it is realistic and reasonable to expect that life in the legal market will be tougher and more demanding than it has ever been – and that’s saying something.

A legal tech news round up from Legaltech News. Enjoy. https://lnkd.in/e3V9ThJS #legaltechnology #legaltech

In the News: Leaner SPAC Market Expected In Wake Of Tougher SEC Rules 🌟 Discover the latest in the world of Corporate Law! Check out this insightful piece. 💡🌍 The U.S. Securities and Exchange Commission's passage of tougher new rules governing special-purpose acquisition companies won't kill this alternative funding vehicle, several attorneys said Wednesday, though stricter oversight will likely accelerate trends toward a leaner market dominated by larger players. 🔗 [Learn more: https://lnkd.in/dwpR7WuH] #Legal #Corporate #Business #Law

Out Now: Episode 225 of #GrowYourLawFirmPodcast with Jon Cumberworth -- Don't miss this one! Here's a glimpse of what you'll learn: ⭐ the vital role of a fractional COO in law firms ⭐ importance of clarity in vision and communication for team alignment ⭐ how to leverage AI to optimize efficiency and profitability ⭐ the stages of strategic law firm growth ⭐ how to ask critical questions that help identify your unique business needs ...and more! Listen now: https://buff.ly/3Oo93uh #GrowYourLawFirm #GrowYourLawFirmPodcast #KenHardison #pilmma #personalinjurylaw #lawfirmowner #attorney #lawyer

Very latest issue of Legaltech News’ legal tech rundown: https://lnkd.in/eErNxk8N #legaltechnology

Last September, two litigation-focused Canadian legal technology companies, CiteRight and Jurisage Group, announced their merger, with the promise of combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legal research and drafting solution. Now, in the first application to result from that merger, CiteRight is today launching AI Insights by Jurisage, an AI-powered tool embedded within CiteRight that helps litigation teams quickly find, synthesize, and generate high-quality case law summaries. I have full details and speak with CEO Aaron Wenner in this post at my blog.

Excited to be heading to #London for the LegalGeek Conference! Looking forward to catching up on the latest in #LegalGenAI, and #M&A, and how these innovations are shaping the future of law. The lineup looks fantastic, with industry leaders sharing insights on cutting-edge legal technology and its real-world applications. It’s going to be a fantastic couple of days of learning and networking. 🚀 #Innovation #LegalTech #LegalAI #MergersAndAcquisitions #PELaw #FutureOfLaw #LegalGeek2024