The Pulse: 2023 CLOC Global Institute, legal department efficiency, adoption of generative AI and core legal tech capabilities
Alex and Elliot discuss:
The podcast heading to CGI 2023!
A recent survey of perceptions of legal department efficiency
Current attitudes to generative AI in legal practice
Gartner's 2023 report on core capabilities for legal operations technology
LINKS
Legal's role in revenue generation: https://www.legaldive.com/news/legal-department-revenue-generation-contract-negotiations-onit-elr-report/647087/
Legal department responsiveness: https://www.legaldive.com/news/legal-department-reputation-onit-elr-report-bypassing-legal/645224/
Lawyers' intentions to use generative AI: https://www.lawnext.com/2023/03/few-legal-professionals-using-or-planning-to-use-generative-ai-so-far-lexisnexis-survey-finds.html
Allen & Overy's approach to generative AI: https://www.wired.co.uk/article/generative-ai-is-coming-for-the-lawyers
Gartner's core capabilities for legal operations technology: https://www.gartner.com/en/newsroom/press-releases/2022-04-24-gartner-identifies-core-capabilities-for-legal-operations-technologies