@ronfriedmann profile picture
ronfriedmann @ronfriedmann

I improve law practice via KM, legal tech, and process. Lawyer, analyst, marketer, blogger, ex-Bain, ex-econometrician. @Gartner_inc analyst; views my own.

Joined October 2008
  • Tweets 34,635
  • Following 1,094
  • Followers 14,267
2,078 Photos and videos
How Hallucinatory A.I. Helps Science Dream Up Big Breakthroughs nytimes.com/2024/12/23/scien… via @NYTimes

How Hallucinatory A.I. Helps Science Dream Up Big Breakthroughs (Published 2024)

Hallucinations, a bane of popular A.I. programs, turn out to be a boon for venturesome scientists eager to push back the frontiers of human knowledge.

nytimes.com
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I've set up over at @bluesky and will post more there than here, at least short term as I experiment. I hope it brings us back to what Twitter was a few years ago I'm at bsky.app/profile/ronfriedman…

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This company wants to be your law firm and legal AI tech provider in one @LegalDive legaldive.com/news/this-comp… Explains Avantia Law legal services with GenAI #LLM Interesting read #NewLaw or #ALSP 2.0 ?

This company wants to be your law firm and legal AI tech provider in one

Avantia is betting that legal clients want a cost-effective law firm with AI-enabled software efficiencies baked into a hybrid legal service-product.

legaldive.com
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UI range for GenAI per ⁦@NicoleBradick⁩
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At legal GenAI conference, session on agentic AI: Will agents become like Lotus Notes, with 5 apps for every workflow, ie, reinventing wheel. Great question.
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Generative AI and the New Era of Preventive Lawyering @stephenembryjd techlawcrossroads.com/2024/1… Glad to see another voice discussing #DoLessLaw

Generative AI and the New Era of Preventive Lawyering

One GenAI legal disruption that's not talked much about is its potential to head off disputes and problems in advance. Elimination of disputes means less

techlawcrossroads.com
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Law Firm Revenue Soars 12% as Lawyers Get Back to Being Busy @RoyWStrom news.bloomberglaw.com/busine… "Top lines at the 50 largest law firms grew 14%" thru Q3 per Citi Demand up 3.2% Tech spending up (not quantified)

Law Firm Revenue Soars 12% as Lawyers Get Back to Being Busy

Law firm revenue grew nearly 12% through three quarters compared with last year, driven by strong demand for lawyers’ time and a productivity boost, according to Citi’s law firm banking group.

news.bloomberglaw.com
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Herbert Smith Freehills, Kramer Levin Announce Merger Plans @BLaw news.bloomberglaw.com/busine… Wondering again how many sub-500, and maybe sub-1000 lawyer #BigLaw will survive, other than boutiques or niche practices. Thoughts welcome

Herbert Smith Freehills, Kramer Levin Announce Merger Plans (2)

Herbert Smith Freehills and Kramer Levin plan to merge to create one of the 20 largest law firms in the world with more than $2 billion in revenue, the firms said in a statement.

news.bloomberglaw.com
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AI Saves Ad Agencies a Lot of Time. Should They Still Charge by the Hour? @WSJ wsj.com/articles/ai-saves-ad… Change "Ad Agencies" to "law firms" > all the same considerations.

AI Saves Ad Agencies a Lot of Time. Should They Still Charge by the Hour?

Some ad agencies are trying to move to new compensation models that focus on the scope of work they perform, not the hours it takes for them to do it.

wsj.com
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Q3 2024 LFFI: Firms’ profits reach new heights on wave of resurgent demand TR / @legalcurrent thomsonreuters.com/en-us/pos… 2nd highest read ever "Demand growth was incredibly broad"
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What's new in legal tech, KM, and innovation in #BigLaw and the legal market? Join me on January 16 for the free, volunteer-led, and juried selection of short presentations at the virtual hashtag#SKILLS conference. Agenda and register for free at skills.law/
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I hope Apple Intelligence improves with future iOS releases. Siri is not much smarter yet. And the #LLM feature does not understand basics, e.g., I said "type a the end of this [open] note" and it did not know what that means.
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The Enigma Of Big Law Innovation @legalmosaic forbes.com/sites/markcohen1/… Mark Cohen asks great questions about innovation in and the business model of #BigLaw, esp. relevant in the age of #LLM

The Enigma Of Big Law Innovation

Big Law is hiring Chief Innovation Officers and creating other digital C-Suite roles, It is also raising rates to the chagrin of clients. Where is it headed?

forbes.com
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Gen AI Makes Legal Action Cheap — and Companies Need to Prepare @HarvardBiz hbr.org/2024/10/gen-ai-makes… Shows how #LLM could dramatically increase the number of legal filings, and impact of that. This is the opposite of #DoLessLaw It's @DoMoreLaw, but not in the way @nwaisb meant

Gen AI Makes Legal Action Cheap — and Companies Need to Prepare

Traditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal...

hbr.org
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Am Law 50's Runaway Rates Put Onus on Legal Departments to Stiffen Resistance ALM law.com/corpcounsel/2024/10/… Brightflag survey: "Am Law 100 increased hourly rates an average of 10.0% in 2024, more than double last year's 4.8%"

Am Law 50's Runaway Rates Put Onus on Legal Departments to Stiffen Resistance | Law.com

"It is all too easy for in-house teams to continue instructing work to the same firms they have always used, without considering the savings that can be gained from a more structured approach to...

law.com
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Just 11% of Legal Departments Predict Gen AI Will Be 'Transformative,' as Its Honeymoon Phase Fades ALM on ACC 1 Survey law.com/corpcounsel/2024/10/… #LLM expectations are high, usage and benefits, not so much. These findings are consistent with the many legal department calls I have

Just 11% of Legal Departments Predict Gen AI Will Be 'Transformative,' as Its Honeymoon Phase Fades...

New studies show successful gen AI adoption is hard work, and companies sometimes undermine their efforts by failing to set ground rules for employee use and scrimping on education and training.

law.com
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Legaltech News Editor-in-Chief Stephanie Wilkins Moves to Legaltech Hub @bobambrogi lawnext.com/2024/10/legaltec… Congrats @StephAWilkins @LegalTechHub1

Legaltech News Editor-in-Chief Stephanie Wilkins Moves to Legaltech Hub

Stephanie Wilkins, who has been editor-in-chief of Legaltech News at ALM since 2022, today moves to Legaltech Hub, where she will be director of content. In her new role, Wilkins will be responsible...

lawnext.com
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Rock-Star Law Firms Are Billing Up to $2,500 per Hour. Clients Are Indignant @WSJ wsj.com/business/rock-star-l… Ever escalating #BigLaw hourly rates is front-page news in today's print WSJ. Am I mistaken, or is this an evergreen news item?
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Just setting up my iPhone 16. It's surprising @apple placed its new Password app on an already full screen, which moved apps around. That's a bad UX - I have a mental "geo" map of where my apps are, ur, I mean were.
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An unusual bad UX with @Apple Received an empty box w nothing printed - no instructions. Web hits suggest iPhone trade-in (yes, I bought the 16). When I pull away the To label, I do see "Trade In". My Qs: 1. Why no explainer? 2. How many trash this as junk / prank?
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