How can you know whether AI is real or hype? One of the best ways is to look for leading indicators:
Who is interested in AI? When you see top pros that you respect taking AI seriously it’s a pretty good sign that you also should take it seriously.
Joan Feldman, for example. Her
Matthew Homan has what he tongue-in-cheek describes as “Idea Surplus Disorder.” He’s never short of good ideas. Here is one of his better LinkedIn posts. Paralysis due to fear is one of the leading impediments to productive innovation.
Tell your teams you’re happy to pay tuition to learn
Will AI put you out of a job? Or just revolutionize the way you practice law? Maybe. The jury is still out on AI, but design thinking is an approach that might help you make your law firm seriously more profitable in the short-to-medium range.
Design thinking is a systematic approach to rethinking your business
Will Twitter recently rebranded as “X,” go under? Maybe, and that might not be a bad thing. Whether or not that happens, one or more other social media platforms will remain one of the best places to market law firms, so understanding the basic principles of social media is essential for ambitious lawyers, who can
Good work from the Department of Interior Inspector General. Their conclusions apply just as well to law firms. The length of a password is more important than complexity. It’s better to have a phrase like JonesAndSallyLoveBaskingInSunshine than #si30_584JKL.
Implementing this advice is a no-brainer, since a well chosen phrase is easier to remember than
Theoretically unbreakable encryption schemes like those underpinning blockchain have proven to be less than impermeable in practice, as users of Coinbase discovered upon losing fortunes. Attackers go after the weakest link in the chain, usually the way in which the algorithm is implemented. Perhaps more ominous, the emergence of a new class of devices called
Asking questions can benefit audiences—and presenters—in multiple ways. The biggest personal benefit I have found is simple: I learn things.
Even when an audience answer is off the mark it can prompt me to think about issues in different and better ways. Audience answers often spark useful ideas that never would have occurred to me
Elizabeth Southerland knows how lawyers should talk to to clients. A sample from her article at LLRX.com:
Sometimes lawyers—and others trying to sell me professional services—seem to believe that I must treasure their 47-page footnoted memo because their craft is so complex that only something that reads like a technical manual or Ph.D. thesis
Best analysis I’ve seen on the impact of AI on the practice of law. A key quote:
[M]ost of the short-term claims being made about its impact on lawyers and the courts hugely overstate its likely impact. More significantly, I think that most of the long-term claims hugely understate its impact.
Read the rest
Is cryptocurrency mania just the most serious recent example of the Greater Fool Theory?
Check out the article I co-authored with Elizabeth Southerland for LLRX.com.