Every law firm/outside counsel and in-house should read this from Ford Motor’s Chief Policy Officer & General Counsel
“AI will bring a new balance of work between outside counsel and in-house legal departments. Ford’s legal team will be looking to reward external counsel who deploy AI fastest for greater productivity.
Meanwhile, in-house lawyers enjoy superior knowledge of their clients’ needs, data sources, processes, and operations, positioning them to develop and continuously update tailored AI tools for their clients’ daily business. AI legal solutions developed internally may therefore serve company needs with greater continuous fidelity and efficacy, which could be a major structural advantage for in-house legal departments over external legal-service providers.
In the coming months, however, we will look for—and reward—entrepreneurial approaches by external counsel both big and small to meet Ford’s legal needs with AI that brings net savings.
Third, as concerns the competition between external and in-house counsel, our internal use of AI for increased productivity so far exceeds what we have seen from external counsel. We now employ AI across the full spectrum of our legal practice areas. AI agents make entirely new legal service delivery models possible, empowering us to leverage our legal capacities dramatically.
…we will continue to invest and expand our AI capabilities in-house, even as we solicit innovation from external legal service providers and are prepared to pay for demonstrable gains in productivity.
We are likely to expand our relationships with external partners who innovate and deliver quickly, and curtail our reliance on those who lag behind. As responsible stewards of our clients’ resources, we will adjust to the new AI equilibrium in the legal-services market, even as we aim to influence it.”
https://t.co/HRnYGnnmDn
This is it. The most important video you'll watch this year.
ClawdBot has taken X by storm. And for good reason. It's the greatest application of AI ever
Your own 24/7 AI employee
In this video I cover how it works, how to set it up, and why I think we should all be nervous:
We are proud to announce @EdwardsLifesci has agreed to acquire Endotronix. Together we will improve the lives of patients living with #heartfailure.
Edwards will add the #Cordella platform to its comprehensive cardiovascular portfolio. This platform allows use of pulmonary artery (PA) pressure for proactive #HF care, proven to improve patient outcomes.
Learn more about this exciting news: https://t.co/PM5pFPMplq
#medtech #GDMTworks #Cardiotwitter
🎉 Welcome to the @NasdaqExchange family, @TempusAI! 🎉
🤖 $TEM harnesses the power of data and AI to drive precision medicine forward. Now they’re officially #NasdaqListed!
Two big announcements! First, I'm excited to share that a draft of my new paper, "Humans Outside the Loop" is now available on SSRN, confronting confusions and issues with the tort system & examining activities humans should perform to create safe #AI: https://t.co/zlvj6HXr9U
The European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework Monday, but even as the announcement was made, the new framework — which enters into force 11 July — is poised to face a legal challenge.
https://t.co/96kLOHJ5RB
The protection of your personal data is a fundamental right.
After intense cooperation with our US partners, we are adopting a new EU-US Data Privacy Framework for safe and trusted EU-US data flows.
This will ensure an adequate level of data protection for EU citizens and bring legal certainty to companies on both sides of the Atlantic.
More info: https://t.co/LNwfYrbOMO
New update! State privacy legislation is constantly changing. Check out our U.S. State Privacy Legislation tracker for the latest developments of comprehensive privacy bills at the state level: https://t.co/YbkEiGHIuJ
Join @reedsmithllp partner, @Barbara Li, as she shares her views at IAPP’s “live” virtual event Chinese SCCs Are Here – Are You Ready? on Tuesday, 14 March 2023, 9am EDT/9pm CST.
https://t.co/3dUdzgN7SC
IAPP's @cdfen in the @WSJ r.e. EU Data Privacy Regulators: "For companies under scrutiny by European privacy regulators, cases bring confusion when there isn’t clear guidance even after a ruling" Full article by @catstupp here: https://t.co/vUkXRtra6j
Happy Data Privacy/Protection Day! Even though it’s a Saturday, and we’d like to think Privacy Pros get a day off, we know privacy never sleeps. How are you celebrating? #IAPPcelebratesDPD