Category «Legal Research»

AI in Banking and Finance, October 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name, date published, article title and abstract. Five highlights from this week: Bias, fairness, and other ethical dimensions in artificial intelligence; US Warns EU’s Landmark AI Policy Will Only Benefit Big Tech; Federal Reserve Vice Chair for Supervision Michael Barr said generative artificial intelligence could lead to a cybersecurity “arms race” for bank; Exporting the Surveillance State via Trade in AI; and Does Human-Algorithm Feedback Loop Lead to Error Propagation? Evidence from Zillow’s Zestimate.

Subjects: AI in Banking and Finance, Cybercrime, Cybersecurity, Financial System, Legal Research, Privacy

Pete Recommends – Weekly highlights on cyber security issues, October 14, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Phishers Spoof USPS, 12 Other Natl’ Postal Services; Privacy professionals need to be aware of tech abuse; Is That ATM Safe? 8 Tips to Protect Your Debit or Credit Card; and Cybercrime Classification and Measurement.

Subjects: Congress, Cybercrime, Cybersecurity, Economy, Financial System, Government Resources, Privacy

Pete Recommends – Weekly highlights on cyber security issues, October 7, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Delete your digital history from dozens of companies with this app; Need a VPN? Here Are the Ones You Can Officially Trust; H&R Block, Meta, and Google Slapped With RICO Suit; and 3 Chatbot Privacy Risks and Concerns You Should Know About.

Subjects: AI, Congress, Cybercrime, Cybersecurity, Financial System, Firewalls, Legal Research, Legislative, Privacy, United States Law

AI in Banking and Finance, September 30, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: European Central Bank Is Experimenting With a New Tool: A.I.; UM expert testifies on the dangers of AI in banking; 80% of Large Enterprise Finance Teams Will Use Internal AI Platforms by 2026.; and Five Use Cases for CFOs with Generative AI. Q&A with Alex Bant.

Subjects: AI in Banking and Finance, Business Research, Financial System, Legal Research

Adding a ‘Group Advisory Layer’ to Your Use of Generative AI Tools Through Structured Prompting: The G-A-L Method

Dennis Kennedy asks us to Imagine a world where expert advice is at your fingertips, instantly available, tailored just for you. Think of a tool that’s always ready to give expert advice, without the need for complex coding or tech skills. The Group Advisory Layer Method (G-A-L Method™) revolutionizes decision-making by merging traditional principles of mastermind groups and advisory boards with the cutting-edge capabilities of generative AI. Traditional advisory boards, often hindered by logistics and time constraints, meet their match as the G-A-L Method offers on-demand, diverse, and tailored insights, all without the real-world hassle. It’s like having a virtual team you can chat with any time, made up of tireless AI-created ‘personas’ that act like real people. Instead of juggling schedules or waiting for feedback, you get quick and practical tips from this always-on expert team. The G-A-L Method pioneers dynamic group interactions using personas to give you practical, just-in-time expert advice. What’s more, it makes sure real people (like you) are involved where they add the most value. With the G-A-L Method, you’re not just listening to machines – you’re teaming up with them. This white paper by Dennis Kennedy, well-known legal tech and innovation advisor, law professor, infotech lawyer, professional speaker, author, and podcaster, is an invitation to unlock the untapped potential of these generative AI tools in a practical, structured way to move your efforts forward. Kennedy states that we are poised at the brink of a transformative era where informed decisions can be made rapidly and confidently. The G-A-L Method is more than a technique—it’s a game-changer.

Subjects: AI, Education, KM, Legal Research

Keeping Up With Generative AI in the Law

The pace of generative AI development (and hype) over the past year has been intense, and difficult even for us experienced librarians, masters of information that we are, to follow. Not only is there a constant stream of new products, but also new academic papers, blog posts, newsletters, and more, from people evaluating, experimenting with, and critiquing those products. With that in mind, Rebecca Fordon shares her favorites, as well as recommendations from her co-bloggers.

Subjects: AI, Education, KM, Legal Education, Legal Research, Legal Technology, Librarian Resources, Social Media, Technology Trends

Pete Recommends – Weekly highlights on cyber security issues, September 30, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Hundreds of millions of individuals’ personally identifiable information” is impacted by the privacy weaknesses, according to the Government Accountability Office; Report: Insider Cybersecurity Threats Have Jumped 40% in 4 Years; iOS 17: iPhone Users Report Worrying Privacy Settings Change After Update; and China Cyber Threat Overview and Advisories.

Subjects: Cybercrime, Cybersecurity, E-Commerce, Government Resources, Privacy, Technology Trends

The Truth About Hallucinations in Legal Research AI: How to Avoid Them and Trust Your Sources

Hallucinations in generative AI are not a new topic. If you watch the news at all (or read the front page of the New York Times), you’ve heard of the two New York attorneys who used ChatGPT to create fake cases entire cases and then submitted them to the court. After that case, which resulted in a media frenzy and (somewhat mild) court sanctions, many attorneys are wary of using generative AI for legal research. But vendors are working to limit hallucinations and increase trust. And some legal tasks are less affected by hallucinations. Law Librarian and attorney Rebecca Fordon guides us to an understanding of how and why hallucinations occur and how we can effectively evaluate new products and identify lower-risk uses.

Subjects: AI, Education, KM, Legal Education, Legal Research, Legal Research Training, Search Engines, Technology Trends

Pete Recommends – Weekly highlights on cyber security issues, September 23, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: New Privacy Badger Prevents Google From Mangling More of Your Links and Invading Your Privacy; Microsoft AI team accidentally leaks 38TB of private company data; California legislature passes ‘Delete Act’ to protect consumer data; and Starlink lost over 200 satellites in two months.

Subjects: AI, Cryptocurrency, Cybercrime, Cyberlaw Legislation, Cybersecurity, Government Resources, Legal Research, Privacy, Public Records, Search Engines, Social Media

Artificial Intelligence Tools and Tips

Jim Calloway, Director of the Oklahoma Bar Association’s Management Assistance Program and Julie Bays, OBA Practice Management Advisor, aiding attorneys in using technology and other tools to efficiently manage their offices, recommend that now is a good time to experiment with specific AI-powered tools and suggest the best techniques for using them.

Subjects: AI, Communications, Continuing Legal Education, KM, Legal Profession, Legal Research, Legal Technology, Technology Trends