Legal AI's Journey Amidst Funding Triumphs and Privacy Concerns

A legal tech startup, Patlytics, secured $45 million in funding to revolutionize patent intelligence using AI, empowering patent professionals to automate key processes. There is a cautious optimism about changing risks in the UK legal market, with an emphasis on the growing importance of AI and risk management. Additionally, the integration of AI in the legal sector is proving transformative, although concerns about professional liability and privacy risks persist. Moreover, there are significant developments in the legal AI space, including the introduction of KL3M, a large language model specifically developed for the legal market, and discussions about federal data privacy laws and ethical guidelines for AI use. Patlytics Secures $4.5 Million Led by Gradient, Google’s AI-fund, to Transform Patent Intelligence with AI17 Apr 2024Legal Tech BlogJustia Webinars: Attorneys’ Duties Towards Clients When Using Technology17 Apr 2024Legal Marketing & Technology BlogMitigating AI Risks for Customer Service Chatbots16 Apr 2024Debevoise Data BlogLegalEdCon 2024: First batch of speakers announced17 Apr 2024Legal Cheek2024 State of the UK Legal Market report: Cautious positivity and changing risks - Thomson Reuters Institute 5 min16 Apr 2024Thomson ReutersAI’s legal leap: transforming law practice with intelligent tech16 Apr 2024Legal FuturesAmericans Deserve More Than the Current American Privacy Rights Act16 Apr 2024Electronic Frontier FoundationThe Prompt: Machine Learning Paradise16 Apr 2024Forbes.comOn LawNext: All About KL3M, The First LLM Built From Scratch for Legal, with 273 Ventures’ Jillian Bommarito16 Apr 2024LawSitesMajor legal AI tool set is expanding its capabilities16 Apr 2024ABA JournalBeyond TikTok: Unraveling the American Data Dilemma16 Apr 2024JD SupraAG Campbell Issues Advisory Providing Guidance On How State Consumer Protection And Other Laws Apply To Artificial Intelligence16 Apr 2024Mass.gov Navigating Personal Liability: Post–Data Breach Recommendations for Officers16 Apr 2024Corporate Compliance InsightsTwo Launches Today from vLex: A Gen AI Document Analyzer for Litigation and Transactions, and A Co-Development Lab to Help Customers Adapt AI16 Apr 2024LawSitesGain An Instant Understanding Of New Complaints With LexisNexis Snapshot [Sponsored]16 Apr 2024Above The LawAI’s Role in Deposition Preparation & Analysis16 Apr 2024JD SupraFP Snapshot on Manufacturing Industry: 3 Artificial Intelligence Bills Employers Should Track16 Apr 2024Fisher & Phillips LLPELVIS Act Becomes Law; Tennessee Safeguards Against AI Deepfakes16 Apr 2024Adams & Reese LLPKentucky Enacts Comprehensive Data Privacy Law16 Apr 2024White & CaseLowenstein Sandler Launches Custom GPT Chatbot16 Apr 2024Lowenstein Sandler PCWebinar Playback: Privacy Titans: Optimizing Our Neural Networks16 Apr 2024Dorsey & Whitney LLP