Legaltech Academy 016: Large Language Models for the legal sector

In this Legaltech Academy podcast episode, our guest speaker, Laura Jeffords Greenberg, elaborates on different Large Language Models available for legal professionals. Is there a winner that best suites the needs of the legal sector?

Generative AI comes with numerous promises for the digitalization of the legal sector. Although it is not since yesterday that we have been applying AI in the legal industry, the revolution caused by Generative AI has brought new opportunities. What are they? How are legaltech providers applying Generative AI in their tools?

There are two commonly known approaches to innovation within organizations: top-down or bottom-up. The leaders of these employee initiatives are intrapreneurs, people who think outside the box, identify untapped opportunities and drive transformative change from within. In this Spotlight On podcast episode, we talk to Derek Lou, an ex-intrapreneur of Cuatrecasas and currently an entrepreneur behind a Spanish startup for workflow automation: Parallel.

Due to increasing repercussions of non-compliance, for instance, GDPR financial sanctions, the legal departments started to take an interest in, and thus, train algorithms to support them in being on a watch for compliance. Commercially, we have seen a great number of software solutions proclaiming fluency in understanding the GDPR regulatory provisions, but to what extent? We've got you covered: meet our guest Álvaro Vidal Hernández who is a data privacy associate lawyer at Bird & Bird and whose insights and experience are invaluable for our discussion on whether a legaltech software can make a company GDPR compliant. Álvaro provides legal advice to national and international companies on GDPR compliance projects, e-commerce and entertainment law, while also lecturing "Introduction to Privacy and Data Protection Law" at IE University!

A transcription of a monthly Legaltech Academy meetup. A discussion about legaltech sector through a recruiter's eyes. Can we talk de facto about the legal innovation job market? What are the most researched profiles? Who searches to hire legal innovation specialists? Listen to this episode and learn more about the reality of legaltech job market.

The hype is REAL - ChatGPT is on the tongues of millions of people all over the world. The users are also lawyers, who question its significance for the future - or present - of the legal sector. Is it a risk, or an opportunity to us - lawyers - and our clients? In the first Legaltech Academy Meetup of 2023, our guest, Agel Sancho Ferrer, shares with us his thoughts and reflections over this latest development.

Contracts are the lifeblood of every company. They are a framework for every transaction and any money earned or spent by an organization. Therefore, the quality of contracts and the way they are negotiated, drafted, and managed can be either a source of value or a hidden trap. Yet, according to estimations published by Harvard Business Review, between 5% to 40% of the value of a deal is being lost by companies due to ineffective contracting processes. Thus, poorly managed contracts may cause revenue leakage, undermine growth, and harm the company’s reputation. Luckily, legal technology comes to the rescue. Legaltech Academy recently released an e-book on applying technology into contracting. In this podcast episode, you will discover its content and hear why it is important to learn more on document automation, document management, and document review.

Legal Operations (Legal Ops) departments are becoming nearly a norm in the US, where legal innovation and technology have begun. What is their importance for a company? How to build one? Are they a new "must-have", also in the EU? Our guest speaker, Dr. Michael Burkart, addresses these and other questions.

Due to the Russian invasion of Ukraine, more than 4 million Ukrainians have left their homes to protect their and their children's lives. To help displaced people who appeared abroad due to the war, lawyers and legal tech companies are joining forces to help them obtain asylum and legal aid. During this special meetup we want to draw your attention to these initiatives and encourage you to help and support refugees and citizens of Ukraine: https://www.comebackalive.in.ua/donate