Search Results for: IBM Watson
Robot law: Deloitte estimates automation to cut legal sector jobs by 39% over the next two decades
March 17th, 2016
A new report released by Deloitte is warning law firms to prepare for changes as the rise of automation is likely to cut legal sector jobs by 39% over the next two decades. The report titled ‘Developing legal talent: ...
NextLaw Labs signs second portfolio company: Apperio
March 10th, 2016
NextLaw Labs, the global collaborative innovation platform developed by global law firm Dentons, today announced its investment in Apperio, a legal tech startup that is changing the way law firms handle matter management. This is the second portfolio company ...
An AI Law Firm Wants to ‘Automate the Entire Legal World’
February 6th, 2017
AN AI LAWYER Whether it’s a new employment contract, a rental contract, or sale contract, it needs to be checked before signing. Everyone knows the struggle of working through the dreaded small print, searching for pitfalls hidden in the tiniest details, ...
Sayōnara, Humans: Japanese Company Replaces Its Workers with AI
January 9th, 2017
34 workers at a Japanese insurance company are being laid off and replaced with an artificial intelligence (AI) system. Fukoku Mutual Life Insurance, seeking greater efficiency in calculating their payouts to policyholders, will soon replace many of its office ...
Mike Lynch’s Invoke Aims to Replace M&A Lawyers With Robots
September 15th, 2016
Former Autonomy CEO backs startup using AI for due diligence Move comes a week after HP sold former Autonomy assets Could the armies of lawyers needed to close billion-dollar deals soon be a thing of the past? That’s what Invoke ...
Pizza Hut partners MasterCard to trial robot cashiers
May 25th, 2016
Spotty teenagers could soon be losing their jobs to robots thanks to a tie up between MasterCard, Pizza Hut and Softbank that will see humanoids take orders and mobile-based payments at some Asian fast food joints. Softbank’s 48 inch ...
A law firm has hired the first “Robot lawyer”
May 16th, 2016
The first job after law school can be horrendous—not simply because of the intense workload and long hours, but also the drudgery. A huge amount of legal work given to those on the lowest rung of the ladder consists ...
Top 5 Law Firm Tech Trends: Are They Truly Feasible for 2016?
January 4th, 2016
What will happen in the New Year? Now is a great time for firms to benchmark potential options, technology and processes to further improve their practices. Always this time of year, talk inevitably turns to trends. What will happen ...
How the Big Four have returned to consulting with a bang
October 2nd, 2015
Whether by acquisition, organic growth or the recruitment of experienced hires, the Big Four have established consultancy groups that singly and collectively are a force to be reckoned with. According to analyst firm Gartner, spending on management consultancy services increased ...
Investigation Reveals Surprising Way Foreign Governments Buy Influence In D.C.
September 9th, 2014
An investigation by The New York Times has found that several prominent Washington, D.C. think tanks have regularly taken donations from foreign entities in exchange for using their influence over U.S. policy decisions. The damning report, published in the ...