Tag: Technology
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Tech-Savvy Lawyering: Non-AI Trends You Need to Know
Written for the ABA Center for Innovation End of Year Report By Joseph Raczynski In the ever-evolving landscape of LegalTech, the past year has seen advancements that are reshaping how law firms both practice and operate. For small and medium-sized law firms, staying ahead of these trends is crucial not only for maintaining competitiveness, but…
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Stablecoins, Regulation, and the Road Ahead: A Conversation with Circle’s Dante Disparte
Today, I’m thrilled to welcome Dante Disparte, Chief Strategy Officer at Circle—a cornerstone in the world of stablecoins and global payments innovation. With a name like Dante, it’s fitting that he’s helping guide the crypto industry through what sometimes feels like the nine circles of regulation. But don’t worry, this journey ends not in chaos, but in clarity…
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Exploring the AI Vanguard: Top 50 Companies Shaping 2024
Artificial intelligence continues to rewrite the rules of innovation in 2024. From healthcare breakthroughs to generative art revolutions, the top 50 AI companies of the year exemplify the transformative power of technology. In reviewing the WriterBuddy article, several key themes emerge—illustrating not just who leads the charge, but why their strategies, funding prowess, and technological…
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“Digital Content Authentication” – MIT EmTech Digital Conference
In today’s digital age, the authenticity of online content is more critical than ever. With the rise of deepfakes, manipulated media, and synthetic content, ensuring the transparency and trustworthiness of what we see and hear online has become a paramount concern. Mounir Ibrahim, Executive Vice President of Public Affairs and Impact at Truepic, addressed this…
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OpenAI’s New GPT-4o Allows Voice and Video in the Same Model
What’s New? OpenAI just debuted GPT-4o, a new kind of “Omnimodel” or multimodal AI model that you can simply communicate with in real time in a live voice conversation. There is also the ability to use video streams from your phone or computer and text. Impressively, the model will be free for all users through…
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Lawyers & the Metaverse
In a new Q&A interview, Thomson Reuters’ technologist and futurist Joseph Raczynski offers his insight about the Metaverse and how it will impact the legal industry In February this year, ArentFox Schiff announced that it had become the first major US law firm to “join the Metaverse” by acquiring a land site in Decentraland, a fact…
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Tech Snippets Today – New Series Release!
As a way to encapsulate my travels and meetings with ridiculously accomplished and fascinating people from around the world, I am releasing a new series called Tech Snippets Today. These are informal conversations with some of the brightest minds across the world pushing the limits on emerging tech. On a normal day, before major conferences,…
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The impact of blockchain, cryptocurrencies, and NFTs on the legal industry with Joseph Raczynski
It was a ton of fun recording this podcast with the omniscient and ever engaging Joseph Gartner at the ABA Center for Innovation – (full transparency, I sit on the Council). With Joey’s new role as Director and Counsel, we chatted all things #blockchain, #cryptocurrencies, and #NFTs and their impact on the legal industry. It is fantastic to be a part of a group…
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Will COVID-19 Make Cash Obsolete?
Originally published on the Legal Executive Institute. By Gina Jurva – Joseph Raczynski Is the COVID-19 pandemic more quickly moving the world to a cashless society? One where almost all financial transactions are not conducted with physical banknotes or coins, but rather through the transfer of digital information via a smartphone? Thomson Reuters technologist and…
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Work From Home Checklist
Last week I created a checklist for those organizations that have not had people, at scale, work from home. There are two lists. The first list helps someone who has not worked from home previously checkoff that they have all the necessary resources from A-Z to do everything they would normal do at their office. …
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Podcast: The Hearing – Meredith Williams-Range – Chief Knowledge and Client Value Officer at Shearman & Sterling
In this week’s episode, I am joined by the preeminent thought leader in legal tech, and Chief Knowledge and Client Value Officer at Shearman & Sterling, Meredith Williams-Range. Taking us on a journey from her small-town, rural upbringing just outside of Memphis (where you’ll find the absolute best BBQ) to the bright lights of New…
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The 4th Annual Government Day: The Reality and Skepticism of Innovation and Blockchain
Originally published on the Legal Executive Institute By Joseph Raczynski WASHINGTON, D.C. — The Government sector strives to ramp up its efforts to more widely integrate cutting edge technologies like blockchain, artificial intelligence, and the Internet of Things (IoT), it is running into a myriad of challenges. Not the least among them, is separating the…
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Kleros.io (a Thomson Reuters Incubatee) Publishes Handbook of Decentralized Justice
Kleros.io is a blockchain startup which Thomson Reuters incubates in the Legal Technology space. They recently published a book about dispute resolution using blockchain technology. I had the good fortune to work with Federico Ast, Founder & CEO on a chapter for the book. Please feel free to download a digital copy here: Kleros’ Handbook…
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Modern Law Magazine: Embarking on an Era of Abundance in the Legal Industry
Here is my latest post from Modern Law Magazine. By Joseph Raczynski Over the course of the next five years, the legal industry will be flush with opportunity. While much of the rote legal work will be done by automation, producing a period of interstitial angst at law firms, burgeoning areas of technology necessitating legal…
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Traveling Around the World (literally – 37,503 miles or 60,355 KM) – A Global Jaunt to Connect with Customers
Over the last eight weeks I have traveled around the world to meet our customers, with enough miles technically to have traversed the earth one and a half times or over 37,000 miles. Background: I had the good fortune to visit customers and present in London, Grand Cayman, New York, Dubai, Washington DC, Auckland, and…
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Forum Magazine: Blockchain’s Promise – Verifying Value One Block at a Time
Originally published in Forum Magazine by Joseph Raczynski Blockchain technology is truly transformative, impacting almost every industry. Over the next decade, this technology will significantly transmute the legal landscape as well – a process that has already begun. Blockchain was initially considered a ridiculous notion – the idea of a digitized ledger beholden to no single…
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Risk Management in the Cryptosphere: A Talk with Gibson Dunn’s Judith Alison Lee
Originally published in the Legal Executive Institute By Joseph Raczynski Cryptocurrencies and its underlying blockchain technology is upending the traditional paradigm for financial institutions and regulators around risk management. This disruption includes unique challenges around identity association and verification in the cryptosphere, specifically around decentralized exchanges, applications (DApps), and identities. We discussed these topics with Judith Alison Lee, a…
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Legislating for the future: Drones in the UK
Portions originally published in The Guardian. by Joseph Raczynski 1. What are your thoughts on the UK’s drone regulations/regulatory approach, and how does it compare to other approaches around the world? Are there any ideas we should borrow from Australia, the US, etc? Drone enthusiast beware, a new era of regulation is about to hit…
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Podcast: What the Heck is blockchain?
I had the pleasure of being a part of the Thomson Reuters Innovation Podcast series recently. This was a discussion about blockchain. In this talk with Katherine Manuel, Senior Vice President of Innovation in Strategy/Business Development, Jordan Kleinsmith – Director, Innovation in Strategy/Business Development and Sam Chadwick – Director of Strategy in Innovation and Blockchain in…
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Beyond Cryptocurrency: 5 Questions about the Future of Blockchain for Thomson Reuters Technologist Joe Raczynski
Written by Gina Scialabba and originally published by the Legal Executive Institute Blockchain — we’ve all heard about it, and also heard that it will certainly disrupt the financial, legal and public sector worlds near you. The real questions surrounding the future of blockchain, however, relates to the evolution of its virtual ledger technology and the ways…
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Podcast: The Technology of Blockchain & Cryptocurrencies with Judith Alison Lee of Gibson Dunn (Part 2)
Originally published in the Legal Executive Institute. By Joseph Raczynski, Gregg Wirth, and Judith Alison Lee In the second part of our podcast on the technology behind blockchain and cryptocurrencies like Bitcoin, I speak with Judith Alison Lee, a partner in the Washington, D.C. office of Gibson Dunn & Crutcher and Co-Chair of the firm’s International Trade…
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Podcast: The Technology of Blockchain & Cryptocurrencies with Judith Alison Lee of Gibson Dunn (Part 1)
Originally published in the Legal Executive Institute. By Joseph Raczynski, Gregg Wirth, and Judith Alison Lee In the first part of our podcast on the technology behind blockchain and cryptocurrencies like Bitcoin, I speak with Judith Alison Lee, a partner in the Washington, D.C. office of Gibson Dunn & Crutcher and Co-Chair of the firm’s International Trade…
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How to Launch an ICO Token on Ethereum in 90 Minutes
By Joseph Raczynski So you want to have your own cryptocurrency, eh? It is surprisingly not too cumbersome to create. If you have some very basic coding skills, general understand of a digital wallet, and the ability to follow point by point instructions, this should take about 90 minutes. I will guide you through the…
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Podcast: The Legal Impact of Autonomous Vehicles (Part 2) with Phil Yannella of Ballard Spahr
Originally published in the Legal Executive Institute. By Joseph Raczynski, Gregg Wirth, and Phil Yannella In the second of our podcasts on autonomous vehicles, I speak to Phil Yannella, the co-practice leader of Ballard Spahr’s Privacy and Data Security Group, about security and regulatory issues around driverless vehicles. Phil Yannella of Ballard Spahr In his capacity at…
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LegalWeek 2018: The Future Phase of the Legal Industry Holds Choppy Waters for Big Law
Originally published in the Legal Executive Institute By Joseph Raczynski NEW YORK — Believe it or not, Big Law is primed to be disrupted within the next several years. At least according to one version of the future from LegalWeek’s fascinating snapshot of the state of the legal industry in 2018. Steve Kovalan and Nicolas Bruch,…
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Legal Technology/Internet 4.0 – How will Legal Technology Change the Industry?
By Joseph Raczynski INSOL Europe 2017 Annual Congress Warsaw INSOL Conference – Joseph Raczynski Warsaw, Poland – Sofitel Victoria. Before the full contingent of 400 attendees at the INSOL Europe Annual Congress a panel of three stepped into the future of legal technology and its impact on insolvency and the courts in Europe. The panel…
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2017 Emerging Legal Technology Forum: Examining the Blockchain Business Revolution
Originally published in the Legal Executive Institute. By Joseph Raczynski TORONTO — With a nearly palpable pre-session buzz, the blockchain panel at the Thomson Reuters 2017 Emerging Legal Technology Forum finally took stage in the afternoon, titillating attendees with an in-depth overview surrounding the technology’s pending impact on the legal landscape. The primary focus of the panel discussion…
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Podcast: The Legal Implications of Driverless Car Technology with Akerman’s Gail Gottehrer (Part 2)
Originally published in the Legal Executive Institute. By Joseph Raczynski, Gregg Wirth, and Gail Gottehrer In a new two-part Thomson Reuters’ Legal Executive Institute podcast, Joe Raczynski, Legal Technologist and Futurist with Thomson Reuters Legal, discusses the hot topic of driverless car technology and its impact on the legal industry with attorney Gail Gottehrer, partner…
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Podcast: The Legal Implications of Autonomous Vehicle Technology with Akerman’s Gail Gottehrer (Part 1)
Originally published in the Legal Executive Institute. By Joseph Raczynski, Gregg Wirth & Gail Gottehrer In a new two-part Thomson Reuters’ Legal Executive Institute podcast, Joe Raczynski, Legal Technologist and Futurist with Thomson Reuters Legal, discusses the hot topic of autonomous vehicles and their impact on the legal industry with attorney Gail Gottehrer, partner at…
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Understanding the Impact of Emerging Legal Tech: What is Here, What is Coming & What is Important?
This was originally posted in The Legal Executive Institute. By Joseph Raczynski Major credit for these events goes to the respective Field teams in Boston, New York, and Hartford as well as home office – Marketing – on pulling these off with aplomb! A special thanks to the Thomson Reuters Labs for their deep…
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Emerging Technology in the Legal Industry (Video)
By Joseph Raczynski In this Vlog, learn about Emerging Technology in the Legal industry. I focus on the impact of the Trinity of Forces (Cloud, Infinite Processing Power and AI) on Emerging Technology in the Legal industry. The Emerging Technologies discussed are: Artificial Intelligence, Blockchain, Analytics, VR/MR/AR (Virtual Reality, Mixed Reality and Augmented Reality) and…
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Cybersecurity Trends and The Dark Web in Legal (VBlog)
By Joseph Raczynski The latest video on Cybersecurity as it relates to the Legal industry. This was recorded for Thomson Reuters across all business units.
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Legal Technology is “Thriving”: Richard Susskind Hosts the British Legal Technology Forum 2017
Originally posted on the Legal Executive Institute By Joseph Raczynski LONDON — The British Legal Technology Forum 2017, Europe’s largest event focused on legal technology, was held recently at the exquisite Old Billingsgate along the Thames River. The event showcased 55 speakers on five stages, with more than 1,400 in attendance. Event organizers use a…
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Blockchain Podcast from the British Legal Technology Forum 2017
Legal Technology and Blockchain. How I anticipate this will impact the legal industry.
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Increasingly Cloudy — Law Firms Continue the Flight into the Storage Heavens and What the Future Holds
Originally published on the Legal Executive Institute By Joseph Raczynski With the recently released ILTA Technology Survey there is little question that Cloud adoption is drifting upward at law firms. I have also seen this trend through recent conversations with law firm CIOs and CTOs. The shift is real. ILTA’s survey qualified this change to…
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Blockchain Explained (59 mins)
By Joseph Raczynski This is a talk that I gave recently about Blockchain technology based on my engagement and understanding of the technology since Bitcoin circa 2011. I preface this with how technology is having an impact on all of our lives – exponentially. It serves as a complete overview of what Blockchain technology is…
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Is Virtual Reality Finally Ready for Business Use?
Originally published on Practice Innovations By Joseph Raczynski “It’s like dreaming with your eyes open” – VR Developer We are rapidly entering a time where space – the distance between people – will have little relevance. Even at this moment, distance is verging on extraneous. A news story breaks in Tokyo and seconds later a…
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The Future: What Does Mixed Reality Look Like – Magic Leap
By Joseph Raczynski I put this video together in November for a written piece that will be coming out in January. This is an example of what Mixed Reality might look like while wearing a special set of glasses which sees everything around you but then projects imagery onto your physical space. I have compiled…
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How prepared are law firms to face cyber security threats?
By Joseph Raczynski The hacking of Panamanian law firm Mossack Fonseca last April resulted in 11.5 million leaked attorney-client privileged documents, exposing the widespread use of off-shore businesses by wealthy individuals and corporations around the world and highlighting the imperative need for proactive measures against corruption and other illicit financial activity. But what it also…
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ILTACON 2016: When Will Blockchain and Smart Contracts Be Important in Legal?
NATIONAL HARBOR, Md. — If someone had told you in 1993 that the Web would be integral to your life today, would you have believed them? Well, the discussion around blockchain technology at ILTACON 2016 harkened back to that same scenario of the early ‘90s. This is a reboot, where another new technology will revolutionize…
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ILTACON 2016: Looking into the Future & Building the Exponential Law Firm
At ILTACON 2016, Rohit Talwar, CEO of Fast Future, spoke about the disruption in the legal industry occurring around us and more precisely which technologies will have the largest impact on law firms in the near future.
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Wall Street Lawyer – Securities in the Electronic Age Wall – June 2016 ▪ Volume 20 ▪ Issue 6
By Joseph Raczynski An article of mine on blockchain published on the Wall Street Lawyer: Wall Street Lawyer
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Blockchain Has Arrived in Legal: Important Observations from Consensus 2017
By Joseph Raczynski Originally published in The Legal Executive Institute NEW YORK — There was a real moment of inflection recently for me in how I think about the coupling of the legal industry and Blockchain. Having been involved in Bitcoin since 2011 and an evangelist on the topic with dozens of talks in the U.S.…
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LegalSEC: Shedding Light on the Dark Net
By Joseph Raczynski The importance of law firms understanding the dark web Your very sensitive private client data could be available for all to see on the Internet right now. Technically this data would be on the Dark Net or Dark Web. It is the portion of the World Wide Web that is hidden or…
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Building Our Blockchain Future (Part 3) – Beyond Bitcoin – Blockchain and the Legal Impact
By Joseph Raczynski This is the third and final post in a series about blockchain, an online public ledgering system, and how it will soon significantly impact many aspects of the legal industry. In the first post, I demonstrated the potential and the pitfalls of Bitcoin and its underlining blockchain technology; and in the second…
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Building Our Blockchain Future (Part 2) – Future Legal Payments Through Cryptocurrency
By Joseph Raczynski This is the second post in a three-post series about blockchain, an online public ledgering system, and how it will soon significantly impact many aspects of the legal industry. In the first post, I demonstrated the potential and the pitfalls of Bitcoin and its underlining blockchain technology. The intent of this post…
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Theta 360 Degree Camera
By Joseph Raczynski Back from a trip, here are some examples of what the 360 Degree Camera can do with photos. I do believe these gadgets will be popular in the coming year, especially as they work well with the virtual reality viewing gear. Theta 360º Camera
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The Paralegal’s Role in the New World of Cybersecurity
Published: The Legal Intelligencer Written: Victor Panieczko Contributor: Joseph Raczynski Cyberattacks have affected virtually every industry. These include, but are not limited to, health care, education, finance, energy, retail, hospitality and government. Most of us have seen or heard about the security breaches of Home Depot Inc., eBay Inc., Target Corp., Sony Pictures Entertainment, JPMorgan…
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Brand New Theta S 360 Degree Camera (Spherical) Demo
By Joseph Raczynski Another new technology! This is a quick demo of how a spherical camera works. I am in an office giving the demo so you get an understanding for how to use it. Also I discuss possible use cases for this new technology. You can do many things with this: – Right now…
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Google Glass – Full Demo
By Joseph Raczynski This is part five in a series of video’s surrounding Google Glass. This is the full demo of Google Glass. In this video we get to see the complete Google Glass. Take a look at the Google Glass Explorer program. Glass Series Includes: 1) Glass Unboxing 2) Thoughts on Glass: Privacy, Security…