The world is moving at an exponential rate. In fact, by 2040 it is predicted that you will be able to buy a $1,000 computer which can process as fast as the brains of all 9 billion people at that time. Imagine the change that will occur to legal documents, search, and workflow with this power. All of this technological progress will absolutely have an impact on the Legal business. In this presentation you will see what effect the major emerging technologies will have on law firms. We will have an open forum around the following topics:
• Artificial Intelligence (Cognitive Computing)
• Blockchain Technology & Digital Identity
• Data Analytics
• Workflow Solutions
• VPA – Bots
It is predicted that Blockchain technology will impact nearly every industry in a dramatic way over the next several years. What initially began as the underlining technology behind Bitcoin has boomed into something that the top 50 banks in the world are embracing to improve efficiency, security and transparency in the market. There is little doubt that law firms will be early in the adoption of this technology to better automate process and provide better services to their clients. The Smart Contract is the first area that will be leveraged in this space. In this presentation you will see what effect Blockchain technology and the Distributed Ledger will have in Legal. We will have an open forum around the following topics:
• What the Heck is Blockchain?
• Why are we seeing this occur now?
• What is Happening Now for Law Firms in this Space?
• Where will Blockchain take off in the Legal Industry?
• What the Future May Look like with Blockchain?
In an increasingly more complicated world filled with Fake News, organizations are threatened nearly every day by hackers and with the pilfering of our personal and private information from organizations like Facebook, controlling our identity is of the utmost importance. And with the coming deluge of applications and IoT devices, identity is the foundation for how we will interact with each other and these intelligent devices.
• The Pending Crisis of Identity
• Discuss the Forms of Identity
• Tokenization & Future of Identity
• Legal Implications
The Legal Platform & APIs
In computer programming, an application programming interface (API) is a set of subroutine definitions, communication protocols, and tools for building software. In general terms, it is a set of clearly defined methods of communication among various components. A good API makes it easier to develop a computer program by providing all the building blocks, which are then put together by the programmer.
• The current state of LegalTech
• What is a Legal Platform?
• Digging deeper – what the heck is an API?
o Examples in the world
o Legal examples
• The importance and direction of APIs and Legal Platforms
Breaking Down AI – The Underlying Language and Technology of Artificial Intelligence
AI is the buzziest of buzz words these days. It pops up in almost every legal technology discussion as well as how lawyers’ practice and how law firms operate. The question is, do we really understand how AI works? This discussion will break down everything about AI for all parties, from uncovering the current state of AI in Legal to understanding how AI works behind the scenes in the industry. We will have an open forum around the following topics:
• Current State of Technology
• Artificial Intelligence
• Difference between NLP & AI?
• Sentence Diagrams?
• Different linguistic levels & how we analyze and model them
Blockchain has been talked about the last several years as a hypothetical. It is now being used. In this discussion, we will cover what Blockchain is and how it is starting to creep into the Legal landscape. The initial focus is on the state of blockchain in Legal. We will also touch on some of the seminal concepts with Blockchain including encryption, smart contracts, permissioned blockchains and DeFi. Lastly the conversation will discuss specific industries that Blockchain is starting to disrupt. We will have an open forum around the following topics:
• State of Blockchain
• Quick Recap of Blockchain
• Breaking Down Encryption
• Blockchain 2.0
o Timeline and growth of the industry
• State of BC in Legal
• Enterprise Blockchain
• Smart Contracts
• Industry Impact
o Supply Chain
o Port Security
o Real Time Tax
• Future of Blockchain
Exponential Technology & Artificial Intelligence
Data explosion is all around us. In order for humans to be expert in something over the next several years they will need tools to augment what they know to make better decisions. In this discussion you will get a better understanding of what is happening around us with technology and what impact it will have on the Legal Landscape. We will dive into the following subject areas:
• Exponential Technology
o The Tide of Worldwide Technological Change
• Law Firm Impact from Exponential Technology
Who are the players – what impact they may have on law firms?
o The Trinity of Forces Impact Law Firms:
Infinite Processing Power
Artificial Intelligence i.e. Cognitive Computing
• ROSS, Watson, RAVN Systems, MSFT
We are all aware of, and probably have experienced first-hand, the effects of an unwanted data breach. Maybe you were forced to change an online password, acquire a new credit card number or you lost important files corrupted by malware. At best, these incidences have been hassles. At worst, entire identities and fortunes can be compromised.
Now, consider your law firm and its clients. What effects would a data breach have on the work-product, attorney/client privilege and financial stability of these organizations?
• Status of law firms, corporate, and in-house security
• Actions to mitigate security risks
• What is happening for Clients & Law Firms, Corporations and In-house?
• What are the biggest threats?
Organizations who see and act upon the opportunities and possibilities for change through innovation in the current volatile and uncertain, business environment will not only survive; they will successfully compete and even flourish in the face of the range of emerging adverse and fluctuating business and economic conditions. Law firms that use innovation as a strategic, systemic & technological lever for developing agile innovation cultures, accountable business management processes and global industry eco-systems will be the new norm in the coming months. In this conversation, we talk about Thomson Reuters approach to innovation and how we are striving to co-invent with our customers.
Do you wonder how the process works to buy and sell credit card numbers that were stolen from you? Would you like to know how and why businesses are constantly being hacked? If you are into computer security, watched Mr. Robot or any other pop culture show, or read the latest news in cybersecurity, you likely saw terms like “Deep Web” and “Dark Web”. The terms can be confusing and the space even more frightening that you may have heard. Many in the Legal industry now have to consider what is going on in the Dark Web and its impact on their clients and the firm. In this discussion, we will delve into what is happening on the Dark Web.