The Pulse: 2023 CLOC Global Institute, legal department efficiency, adoption of generative AI and core legal tech capabilities

Alex and Elliot discuss:

• The podcast heading to CGI 2023!

• A recent survey of perceptions of legal department efficiency

• Current attitudes to generative AI in legal practice

• Gartner's 2023 report on core capabilities for legal operations technology

LINKS

Legal's role in revenue generation: https://www.legaldive.com/news/legal-department-revenue-generation-contract-negotiations-onit-elr-report/647087/

Legal department responsiveness: https://www.legaldive.com/news/legal-department-reputation-onit-elr-report-bypassing-legal/645224/

Lawyers' intentions to use generative AI: https://www.lawnext.com/2023/03/few-legal-professionals-using-or-planning-to-use-generative-ai-so-far-lexisnexis-survey-finds.html

Allen & Overy's approach to generative AI: https://www.wired.co.uk/article/generative-ai-is-coming-for-the-lawyers

Gartner's core capabilities for legal operations technology: https://www.gartner.com/en/newsroom/press-releases/2022-04-24-gartner-identifies-core-capabilities-for-legal-operations-technologies