Legal AI Trends - Orrick to offer AI training to summer associates

DataPlus AI
May 14, 2024
3
min read

Latest Updates on Law Firms Using & Advising on AI

1. Orrick - The firm's innovation team plans to repeat the AltaClaro prompt engineering training at the beginning of its Summer Associate program, culminating in a summer "AI Day" full of generative-AI related activities designed to educate the next generation of lawyers.

2. Morgan Lewis & Bockius - The firm has been selected as a finalist in the Law Firm Innovators category for its AI strategic partnership with Thomson Reuters, as part of The Legal Intelligencer's Pennsylvania Legal Awards.

3. Baker McKenzie - Danielle Benecke, the founder and global head of the firm's Machine Learning Practice, spoke to Artificial Lawyer about Gen-AI's role at the firm and what can be described as "the genAI capability stack'.

4. Herbert Smith Freehills - The firm launched its global Digital Legal Delivery practice, a multidisciplinary group bringing together its most inventive legal and tech minds.

DataPlus AI use cases across client acquisition and origination of new matters

1. Summarized Live News & Recent Developments.

2. BD talking points and research for Companies, Industries and Key Executives.

3. Generate Comprehensive Company and Industry Reports featuring talking points that drive new matters.

**To learn about client acquisition and origination of new matters reach out to hello@dataplus.ai

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LLM Platforms are the New Lever of Revenue Growth

**For more insights visit www.dataplus.ai/insights

5 Jargon-Free AI Concepts

1. Adapter - An advanced method for making pre-trained AI models adaptable to new tasks without complete retraining

2. Associative Memory - A system's ability to store, retrieve and process related information based on connections between elements, enabling it to efficiently identify and use relevant data for decision-making.

3. Collective Learning - An AI training approach that leverages diverse skills and knowledge across multiple models to achieve more powerful and robust intelligence.

4. Enterprise AI - The strategic integration and deployment of AI within an organizational framework to enhance various business processes, decision-making, and overall operational efficiency.

5. Grounding - The process of anchoring AI systems in real-world experiences, knowledge or data.

**For more AI concepts for legal BD visit www.dataplus.ai/insights/the-a-z-of-ai-for-legal-business-development.

Latest AI News

1. Legal technology provider Litera announced its upcoming integration with Microsoft's Gen-AI chatbot assistant, Microsoft Copilot.

2. Legal tech startup Coheso announced the public launch of its Gen-AI powered legal intake and work management software platform.

3. Contract lifecycle management provider Agiloft announced enhanced capabilities for contract intelligence and connectivity, via its new Generative AI Prompt Lab.

4. AI-powered contract analysis and review company eBrevia announced the launch of eBrevia DraftPro, an AI-powered contract drafting, management and analysis platform that integrates with Microsoft Word.

5. Legal business management provider Aderant announced the launch of Stridyn, a new AI-powered cloud platform bringing together the provider's product line all in one place.

DataPlus AI — New Matter Origination Platform for Law Firms

DataPlus is a client acquisition and new matter origination platform that allows legal professionals to 1) search, 2) analyze, and 3) generate high-quality and thought-provoking insights and talking points that lead to new client matters.

By leveraging DataPlus, legal business development professionals can streamline their client acquisition efforts and gather deep insights about their current and prospective clients, industries, and markets. To learn more about DataPlus and start driving new matters, sign up to try the DataPlus platform today.

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