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Next up in our AI series, Loeb & Loeb Litigation partner Michael Donner examines the evolving landscape of AI's impact on litigation in 2024. Michael identifies trends in recent cases involving AI, legal challenges presented by the technology and how businesses can protect themselves. Click below to read the full discussion! #AI #litigation #trends2024

How does the AI revolution interact with litigation funding? While it’s still too early to say for sure, Certum's William Marra walks readers through four ways AI could impact the funding industry.   In this recently published Bloomberg Law piece, Will identifies areas like faster case processing, decreased cost for litigation, and more.   With AI attempting to improve a pretty complex process, it can ultimately provide greater access to legal services for those who need it. Read more here: https://lnkd.in/emFkn3A8 #litigation #funding #legal

The rise of AI will have major implications for law firms—and their revenue models. For starters, I predict the efficiency gains it will eventually create will make billing by the hour increasingly less lucrative, and ultimately less sustainable, for Big Law. On the litigation side, one possible way to address this problem is by relying more on contingency fees. This ties a law firm’s income on a matter not to the number of hours billed, but to the outcome—which is often something clients prefer.

Not unlike utilizing AI- the use of experienced investigators to speed up your diligence efforts helps those seeking litigation funding as well as those determining the funding. At Sage, we help all involved & find the facts needed to make informed, low risk decisions - facts that also help the litigation itself- it’s a win-win. #litigationfunding

🌟 Legal Finance Firm Invests Millions in AI, Revolutionizing Litigation's Future! 💼 Explore how a legal finance firm is spearheading the AI revolution in litigation with a multi-million-dollar investment. Discover more in this groundbreaking article on BusinessToday.News: [Link to the article: Legal Finance Firm Pours Millions into AI, Revolutionizing the Future of Litigation](https://lnkd.in/eED42z6w) Uncover how AI technologies are reshaping legal strategies, enhancing decision-making, and driving efficiency in litigation processes. Stay ahead of the curve and learn about the transformative impact of AI in the legal industry! #AIRevolution #LegalFinance #BusinessTodayNews #IndustryInsights #AIInLitigation #LegalTechnology #FutureOfLaw

AI has arrived at the Supreme Court—kind of.  Chief Justice Roberts’ year-end report on the federal judiciary talks about how AI will impact the law. He predicts human judges will still be around for a while but emphasizes AI can make litigation more efficient. Both AI and litigation finance help alleviate the extraordinary expense of civil litigation. In this Bloomberg Law article, I offer some thoughts on how AI and funding might interact in the coming years. #litigationfinance #litigationfunding #AI #ailaw https://lnkd.in/ep5sA6dB

If you're attending #EverlawSummit 23 next week, check out "The Law Firm of the Future: #Generative #AI's Role in Transforming Legal Profession." Perkins Coie LLP's Samantha Kepler will be speaking on this panel that will explore how advanced AI models could redefine research, legal drafting, assist with discovery, client interactions, and even courtroom strategies. Thursday, Oct. 12th, 2:45 PM! #GenAI #LegalTech #Transformation #Insights

Please read Our latest blog on civil litigation and the role of AI. https://lnkd.in/eZG_Z78T #altrinchamtoday #uklawfirm #ai

How is AI reshaping the legal world? Check out this article for more information how AI affects your firm and why you should care: https://hubs.la/Q02mP0bF0 #legal #lawyers #lawfirm #growpath #grow #digitaltransformation #legaltechnology #legaltech #casemangement #legalstrategy

Are your lawyers AI-enabled? Elevate your firm’s reputation and secure a competitive edge by pioneering an AI-enabled legal future. Read our blog and find out more: https://ow.ly/v5Z450PFMrW #AIenabledLawyers #FutureofLaw #LexisNexisAU