Blickstein Group Legal AI Efficacy Report Cuts Through Market Hype
Industry’s First Independent Comprehensive Review of AI-Powered Legal Tools Available for Discounted Preorder at ILTACON 2019
ORLANDO. AUGUST 19, 2019 – Blickstein Group today announces the launch of its Legal AI Efficacy Report, an independent analysis that evaluates the effectiveness of 50 AI-powered solutions currently available across eight different legal tech categories. The report, which will be sold on an annual subscription basis with quarterly updates, will be available for preorder at ILTACON 2019, with a 20 percent discount offered exclusively to ILTA members. The report will be delivered to subscribers on September 23 and quarterly after that.
Based on extensive research conducted over the past six months, the report provides the market with an unbiased, holistic look at AI products on the market, so that corporate law department and law firm leaders can make educated decisions based on their business goals. The report is written for users—no vendors can pay to be included or to influence the analysis.
The report is designed to help law departments and law firms develop an AI-enabled technology strategy and:
- Cut through the hype to identify problems and solutions;
- Understand which products and services are the best fit for common use cases; and
- Gain a holistic view of technology categories and relevant vendor product offerings.
“‘Artificial intelligence-powered legal technology’ is not a phrase many industry veterans ever thought they’d hear, but law firms and law departments are now looking to develop an AI strategy,” says Brad Blickstein, principal at the Blickstein Group and publisher and co-author of the report. “Limited to hype-ridden information sources, however, organizations are ignoring the time-honored process of first identifying problems and then finding ways to solve them. The Legal AI Efficacy Report is designed to help them fix that.”
The report, co-authored by veteran legal journalist Erin Harrison (ALM Media, Legaltech News, InsideCounsel), offers a detailed investigation into each provider’s product and service offerings. Lawyer and legal technologist Dera Nevin is the report’s senior advisory editor.
Each product analysis is based on multiple factors, including the vendor’s own written responses to a questionnaire, a briefing with Blickstein Group researchers, interviews with independently identified product users (not the vendor’s references) and review by the report’s advisory board.
The advisory board members are all senior-level law firm, law department and legal technology experts: Reese Arrowsmith, VP, Head of Legal Operations at Campbell Soup Company; Amol Bargaje, Global Director – IT Practice and Client Solutions at Mayer Brown; Kamil Budny, Senior Legal Program Manager at Cisco; Laura A. Caponi, Head of Strategy and Operations – Legal and Compliance at Bristol-Myers Squibb; Katherine Lowry, Director of Practice Services at BakerHostetler; Jeff Marple, Director of Innovation at Liberty Mutual; Jim Michalowicz, Senior Manager – Legal Operations at TE Connectivity; Dera Nevin, Lawyer and Legal Technologist; Nancy Pedrick, Enterprise Support/Legal Commercial SMG at W. L. Gore & Associates, Inc.; Farrah Pepper, Chief Legal Innovation Counsel at Marsh & McLennan Companies; Ali Shahidi, Chief Innovation Officer at Sheppard Mullin; Daryl E. Shetterly, Director of Orrick Analytics at Orrick; Gabriel Walsh, Director of Legal Technology & Consulting Services at Alston & Bird; and Ben Weinberger, Legal Operations Director at Dentons Nextlaw.
Each of the individual reports includes the following sections: what problem the tool solves, how the tool solves the problem, customer profile, how AI fits in, user feedback, pricing, product roadmap and analysis including subsections such as ease of use, speed, implementation/training, language support, accuracy and additional functionality. Every report also includes at-a-glance SWOT charts to understand each tool’s pros and cons.
Annual subscriptions to the Blickstein Group Legal AI Efficacy Report can be purchased for $4,995 per year (or $3,996 with the ILTACON discount) and will include updates each quarter, which will cover new products as well as revisions to existing reviews when major product updates have occurred.
“The industry will welcome such a comprehensive, independent review of the many AI-powered technologies currently available on the market,” says Joy Heath Rush, CEO of ILTA. “With the steady stream of product updates and new players constantly emerging, this report is a valuable, time-saving resource. We are excited to support the initiative and be able to extend this special offer to our members.”
For more information, or to purchase the Legal AI Efficacy Report, please visit www.legalaireport.com.
About Blickstein Group
Blickstein Group, Inc. has two missions: to help legal service providers better understand and serve their clients and to provide information about law departments, legal technology and legal operations. Its principal, Brad Blickstein, has more than 25 years of experience providing data, analytical acumen and strategic advice. Blickstein Group’s flagship research products include National Law Journal Trailblazers, The GDPR Reality Check, The Annual Study of Effective Legal Spend Management, The Annual Law Department Operations Survey and, most recently, the Legal AI Efficacy Report. To learn more about the Blickstein Group, visit blicksteingroup.com, or connect with Brad on Twitter.