LegalTech Social Media and Updates
LegalTech Social Media and Updates
LegalTech Pulse
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Every morning
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Following up on my last post, here’s how founders can avoid paying lawyers. Get a practical law subscription. It’s $372 a month with a 12mo minimum. You can find high level templates drafted by the world’s best lawyers from the world’s top law firms. Most lawyers use the templates from practical law as a starting place. Then you can use an AI software like Spellbook for the drafting / negotiation process => you’re looking at another $300-400 a month for that See below for pt 2
You know who isn’t using LLMs for their Health insurance ? CEOs Employee benefits are the 2nd largest expense line item for pretty much every company. Yet they do t take the 30 secs to run their contracts through an ask...
Want a contract drafting secret? Use the SEC public agreements as a starting point. Or get a subscription to practical law. Thats where the real templates live. If you use a template from practical law, your lawyer will be impressed. Because...
“Really bad look for Westlaw, the top brand in the legal space, to be hallucinating legal citations within an accurately cited case.”
Can someone share a screenshot of what OpenClaw with GPT looks like - how much personality is there?
“Recently, certain legal research providers have touted methods such as retrieval-augmented generation (RAG) as “eliminating” (Casetext, 2023) or “avoid[ing]” hallucinations (Thomson Reuters, 2023), or guaranteeing “hallucination-free” legal citations” 👀 https://t.co/kn1551aRr5
“when I fed it intermediate to hard to very difficult questions in the past, Westlaw AI shrugged, gave me unhelpful gibberish…And people are paying for this (loads).” 👀
“Howe claims that this appeal was his first time utilizing Westlaw CoCounsel “in this way for a Court of Appeals brief.”” 👀 https://t.co/FBc20Es4dL
“Al is already changing how legal information is accessed and applied at scale. The only real question was whether that shift would be resisted or structured” 👀 https://t.co/iu12fpk15G
“i think AI is a disaster for them [westlaw and lexis]…AI will compress their value to the value of their database of court cases” 👀 - court cases are free though, the law is free
“the main moat for these tools are (1) the case law database” 👀 - reconcile this with the fact that the law is supposed to be free https://t.co/oETBD2q80h
“Been using Notebook LM more than CoCounsel. I think it's better at finding the "needle in the haystack." If you load your own sources, it's more accurate…The tradeoff is that you have to give it the sources yourself.” 👀 - this...
I spent 50 hours and $600 on OpenClaw so you don’t have to. Here are 3 reasons to skip it—and what to use instead. https://t.co/MFj5pVF0o6
When Conversational AI Meets the Courtroom: Why Expert Witnesses Matter for Financial Services Question: if agentic AI becomes standard for financial advice, who's liable when the agent hallucinates? Expert witnesses assess training data + logs to reconstruct chatbot behavior, determine foreseeability...
Dave from accounting doesn't compare to OpenClaw... Turns out context is expensive. 😭 Here's some things to consider running OpenClaw 👇 https://t.co/KENR64ykSa
