SRA have dropped plans to reduce PII minimum to £500,000

The Solicitors Regulation Authority earlier this year planned to reduce the minimum cover of PII from £2 million to £500,000, after failing to do so back in 2014. However, it was confirmed earlier this week that these plans have again been put on the back-burner, with changes to the compensation fund and other more urgent issues[…]

How is AI shaping the legal profession?

Machine Learning is a type of data analytics founded on the idea that systems can learn from data and identify patterns in order to make decisions without the need for human involvement. Whether it is a virtual assistant able to provide medical advice or an advisory chatbot who helps with generic enquiries – the use[…]

New “Hotline to your lawyer” app

A new legal services app called LegalDefence is to be piloted in the UK, offering legal advice on matters ranging from landlord and neighbour disputes to driving and parking offences. The LegalDefence app was created by LegalShield, one of North America’s leading providers of affordable legal plans. The app aims to change the way consumers[…]

KPMG to double lawyer headcount within next few years

KPMG have announced that they are to double their lawyer headcount to over 3000 lawyers, making it one of the largest law firms in the world.  The Big Four have made a rapid expansion into the Legal Services market. They offer not only their brand strength, but in some cases, an unbeatable client base and[…]

Facebook’s General Counsel has now announced is not leaving

Colin Stretch, Facebook’s General Counsel, announced back in July 2018 that he would leave the company at the end of the year. The announcement came in the midst of the Cambridge Analytica data scandal, at a time when the company was still dealing with backlash regarding the company’s use of private data and the circulation[…]

Over 1,000 lawyers embrace remote-working ‘gig economy’

This article was written by John Hyde for the Law Gazette and can be found at: https://www.lawgazette.co.uk/news/over-1000-lawyers-embrace-remote-working-gig-economy/5068266.article More than 1,000 lawyers in the UK now work remotely in practices outside the traditional firm environment, new figures suggest. Research by accountants and business advisory group Hazlewoods showed the number of lawyers working for so-called ‘platform’ firms has[…]

AI tool ‘will help in-house counsel decide on disputes’

This article was written by Max Walters for the Law Gazette and can be found at: https://www.lawgazette.co.uk/law/city-firms-ai-tool-will-help-in-house-counsel-decide-on-disputes/5068213.article Transatlantic firm Bryan Cave Leighton Paisner (BCLP) has introduced a tool that implements artificial intelligence to evaluate legal risks in the early stages of disputes and investigations. The firm said its ‘Clear/Cut’ model brings together data including machine learning[…]

Can AI be criminally accountable?

This article was written by Theo Richardson-Gool for Legal Cheek and can be found at: https://www.legalcheek.com/lc-journal-posts/can-ai-be-criminally-accountable Artificial intelligence (AI) takes decisions away from humans, but who is accountable? Do different legal standards apply to AI? Can AI be criminally accountable? Is a human-based legal system fit for autonomous machines? Initially, it seems logical, for example, that[…]

In-house lawyers expect artificial intelligence to cut firms’ bills

This article was written by Michael Cross for the Law Gazette and can be found at https://www.lawgazette.co.uk/in-house-lawyers-expect-artificial-intelligence-to-cut-firms-bills-/5067832.article 75% of GCs expect to benefit from lower fees, improved quality and faster turnaround times – report. Three quarters of in-house counsel expect firms to cut their bills by adopting new technologies – but more than a third do[…]

Top tips for tackling a corporate crisis: Advice from GC’s who’ve been there.

This article was written for Legal Week and can be found at: https://www.law.com/corpcounsel/2018/10/18/top-tips-for-tackling-a-corporate-crisis-from-gcs-whove-been-there/?kw=Top%20tips%20for%20tackling%20a%20corporate%20crisis%2C%20from%20GCs%20who%27ve%20been%20there&et=editorial&bu=CorporateCounsel&cn=20181019&src=EMC-Email&pt=DailyAlert Senior lawyers from Rolls-Royce, Tesco and BT on how to cope in a time of crisis. Legal Week recently spoke to Rolls-Royce general counsel Mark Gregory, Tesco GC Adrian Morris and former BT GC Dan Fitz about how they dealt with being at the centre of a corporate crisis. Here, they set[…]