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Legal Tech: TAR As a Reincarnation of Human Review
The legal field has been inundated with various types of Artificial Intelligence (AI) technology that have promised to revolutionize the industry. From document review to predictive analytics and decision-making tools, there is no shortage of AI tools available. The recent public debut of ChatGPT and GPT-4, while fueling excitement about the future of AI, has only added to the confusion to those of us in the legal industry, leaving many unsure of its implications for litigation and law practice in general. For definition purposes, "litigation" will encompass legal practices that involve the review of data or material information in responding to an internal or external investigation, and/or traditional civil or commercial litigation matters.
This article seeks to provide clarity and context on the different types of AI available in the legal industry today and how the new GPT technology fits into that landscape. More importantly, it will illustrate the potential impact of the next generation of AI on litigation and legal practice as a whole. Understanding the capabilities and limitations of these new AI tools will be helpful for lawyers and legal professionals looking to improve efficiency in advising and supporting their clients. In essence, AI has the potential to learn how we communicate and become a virtual assistant in the practice of law.
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The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Major Differences In UK, U.S. Copyright Laws
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Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.