As the development of artificial intelligence systems accelerates globally and the benefits and risks of their use become evident, calls for government regulation in the U.S. and abroad have accelerated. In this Alert, Attorneys Susanna Bagdasarova, Mary Binker, Christian Farmakis and Justine Kasznica discuss two significant governmental developments that occurred in the past month to respond to these calls. To read the full alert, click here.
This episode of the Babst Calland Emerging Tech Podcast features Dane Fennell and Chris Farmakis discussing how the firm uses artificial intelligence (AI) for due diligence.
Learn about some of the typical types of projects into which law firms can implement AI applications and how AI can reduce risk and human error on critical projects. Plus, discover the benefits on the client side of AI and due diligence when it comes to budget certainty and faster results.
AI will never replace the lawyer entirely, but it is serving as a competitive advantage to provide better results for clients.
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On March 4th, the Pittsburgh Smart Business Dealmakers Conference will bring together middle-market entrepreneurs, investors and advisers to discuss the new landscape for business and what you can do today to keep your business growing.
Join Chris Farmakis and a group of entrepreneurs and industry-seasoned service providers offer a deep dive into how to make sure you’re checking the right boxes before you go to market—during the deal and post-close.
Following Chris’ session, join Chris, Sara Antol and Kevin Wills in the “Babst Calland Networking Room” to learn more about some of the latest trends in transactions, including use of artificial intelligence tools in due diligence and the increasing use of representations and warranties insurance in mid-market size deals.
As a sponsor of this event, we extend a special invitation for you to attend as our guest. Below is a link you can use to register for a complimentary ticket. Thank you, and we look forward to seeing you there!
Register Today!
Can Technology Help Us Return to Work?
Coronavirus restrictions are both easing and tightening in cities around the country, and a nationwide return to work seems further off than it did a month ago. But it is never too early to plan ahead. As the United States looks to safely return to work, offices are preparing for a radical shift, accelerating a need for emerging technologies to address challenges in the workplace. Separation, space, health, and cleanliness concerns are paramount, in an abrupt about-face from the pre-virus trends towards flexible workspaces and open floor plans. This has created a host of novel issues for business administrators, who are leveraging technology to keep work environments safe while maintaining a semblance of business normalcy in these unprecedented times.
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Artificial intelligence (AI) is adding efficiencies and transforming businesses everywhere, and legal practices are no exception.
General counsels who are hiring lawyers need to understand that this technology is available now, so they can make sure their lawyers are leveraging the latest technology tools. AI can increase speed, increase efficiency and lower costs for clients—if the law firm has the right tools, but more importantly knows how to use those tools.
The following are some of the common questions about advancement of AI technology in the legal space.
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Babst Calland and our technology affiliate, Solvaire, have been performing complex due diligence, discovery, and document management projects for clients for more than 20 years. Our clients look to us for due diligence guidance in the areas of acquisitions and divestitures, as well as complex corporate, commercial and real estate transactions.
The firm has a long history of utilizing the latest technologies to enhance contract review. And, in the last few years, the firm has taken a deep look at AI-assisted review and its ability to enhance efficiency and reduce cost for clients. Saying that we have become “AI Believers” in the process is an understatement. After many AI tool evaluations, trials, and getting numerous AI projects under our belts, we have become our clients’ go-to resource in leveraging AI for their benefit.
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This is the first in a series of profiles featuring members of Babst Calland’s Emerging Technologies team of attorneys who provide business and legal representation on matters impacting companies developing or investing in new technologies and businesses. We hope you enjoy meeting and getting to know our team.
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