- Ransomware in the Digital Age: Multidisciplinary Legal Strategies for Minimizing Cryptocurrency Ransom Payments – Jawad Ramal explains how using cryptocurrencies to facilitate ransom payments offers complex challenges due to their high transaction costs and regulatory ambiguities that complicate compliance efforts.
- Dissecting The Processes of Law Firm Strategic Planning – Patrick J. McKenna and Michael B. Rynowecer canvassed and received detailed feedback from firm leaders, all from firms of over 100 lawyers in size, on their specific approach to strategic planning and their responses to 16 sequential questions covering everything from who was involved in developing their current strategic plan and how long it took, to how satisfied they were and the one thing they would change with respect to their efforts going into the future.
- AI in Banking and Finance, May 31, 2024 – Seven highlights from this post: Banks could lose $40 billion from fraud with the help of AI, Deloitte predicts; Mastercard’s AI system is helping banks keep fraudsters in check — and it could save millions of dollars; Measuring Development 2024: AI, the Next Generation; Gita Gopinath: Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn; JPMorgan is making a big bet on AI. Here’s how its private bankers are using it; Will banking’s increasing turn toward AI level the playing field or widen the gap between big and small banks?; and Artificial intelligence (AI) act: EU Council gives final green light to the first worldwide rules on AI.
- Evaluating Generative AI for Legal Research: A Benchmarking Project – Rebecca Fordon, Sean Harrington and Christine Park plan to propose a typology of legal research tasks based on existing computer and information science scholarship and draft corresponding questions using the typology, with rubrics others can use to score the tools they use.
- The Federal Reserve Banks’ New Transparency and Accountability Policy – On December 21, 2023, the Federal Reserve Banks each announced the adoption of a uniform Transparency and Accountability Policy (TAP). The Banks have begun responding to public records requests under that policy. Following implementation of the new policy, Michael Ravnitzky initiated several records requests directed at individual Fed Banks, utilizing the provisions of the TAP. His extensively documented evaluation of the new process is that TAP is a good start but it has some shortcomings.
- A Chat With Legal Rebel Richard Granat – Jerry Lawson had a conversation with Richard Granat, a lawyer, frequent speaker on legal technology, blogger, and consultant. His professional work has earned many awards, including the ABA’s Legal Rebel Award, the ABA’s Louis M. Brown Lifetime Achievement Award, and the ABA’s James I. Keane Memorial Award. He has long been a leader in using technology to improve access to legal services.
- How to tell if a conspiracy theory is probably false – Conspiracy theories abound. What should you believe − and how can you tell? H. Colleen Sinclair, a social psychologist who studies misleading narratives, identifies seven step you can take to vet a claim you’ve seen or heard.
- AI in Banking and Finance, May 15, 2024 – Four highlights from this post: Artificial Intelligence and the Skill Premium; Rising Cyber Threats Pose Serious Concerns for Financial Stability; The Future Of Banking: Morgan Stanley And The Rise Of AI-Driven Financial Advice; and The Pitfalls of Mixing Up AI and Automation in Finance.
- What Happens When Your Art is Used to Train AI – A conversation with web cartoonist Dorothy Gambrell on the curdled internet, labor, and how we became just numbers.
- As climate change amplifies urban flooding, here’s how communities can become ‘sponge cities’ – Dr. Franco Montalto is a water resources engineer who studies and designs strategies for sustainably managing urban stormwater. In response to recent flooding episodes, some U.S. cities are beginning to take steps toward incorporation of sponge city concepts into their stormwater management plans, but most of these projects are still pilots. If this concept is to evolve into the new standard for urban design, city officials and developers will need to find ways to scale up and accelerate this work.
- If using LinkedIn makes you feel like an imposter at work, here’s how to cope – Dr. Sebastian Oliver acknowledges when it comes to professional social media, LinkedIn, with its billion-plus members, stands unrivaled. The platform for career updates, networking and job searches has effectively become a requirement in the professional world. It can be a great tool to help you progress in your career. But, as Oliver describes, just like other social media, using LinkedIn can lead to feelings of envy, comparison and self-doubt.
- Pete Recommends – Weekly highlights on cyber security issues – 4 new columns for May 2024
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Daily Archives: June 2, 2024
Ransomware in the Digital Age: Multidisciplinary Legal Strategies for Minimizing Cryptocurrency Ransom Payments
Via May 2024 issue of LLRX – Ransomware in the Digital Age: Multidisciplinary Legal Strategies for Minimizing Cryptocurrency Ransom Payments: The year 2023 witnessed an unprecedented escalation in ransomware attacks, affecting users from homeowners to critical infrastructure like healthcare, education, and government. With over 5,200 reported incidents—a 74% increase from the previous year—ransomware has not… Continue Reading
How to Get Past a Paywall to Read an Article for Free
Lifehacker: “Over the past several years, countless websites have added paywalls. If you want to read their articles, you have to sign up and pay a monthly subscription cost. Some sites have a “metered” paywall—meaning you can read a certain number of articles for free before they ask for money—and others have a hard paywall,… Continue Reading
14 Free Online Tools You Should Know About
Gizmodo: “When web browsers first began to support apps and interactivity, the functionality was basic and slow—but now online apps can do almost as much as desktop apps can, and, more importantly, these online tools are free. So, if you’ve got a quick computing job that needs doing, you can open up a web browser… Continue Reading
The Burden of Proof in Legal AI
Adam Ziegler via LinkedIn: “My default posture when learning about new tech, especially legal tech, is “open-minded skepticism.” I’m open to persuasion – even eager to be persuaded – that a machine can do what it’s builder claims. But persuasion requires proof. Legal tech tends to be long on claims and short on proof. Part… Continue Reading
You Think You Know How Misinformation Spreads?
Wired [unpaywalled]- How Advertising Broke the World. “The internet is a cesspool of misinformation, and the biggest blue-chip brands and their ad agencies are the ones funding it—by stuffing money into a Rube Goldberg machine called programmatic advertising…You Are the Product Being Sold. Spending on programmatic advertising globally is estimated to reach more than $300… Continue Reading
Pete Recommends – Weekly highlights on cyber security issues, May 31, 2024
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, May 31, 2024 – 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… Continue Reading
AI and Law Courses: Bridging Theory and Practice
Dennis Kennedy, Director of the Center for Law, Technology & Innovation, Michigan State University College of Law via YouTube: “This webinar will guide law professors through the process of crafting a comprehensive 3-credit course on AI and the Law, showcasing how to balance substantive knowledge with hands-on learning experiences. Learn how to enrich your course… Continue Reading
Misinformation works and a handful of social ‘supersharers’ sent 80% of it in 2020
TechCrunch: “A pair of studies published Thursday in the journal Science offers evidence not only that misinformation on social media changes minds, but that a small group of committed “supersharers,” predominately older Republican women, were responsible for the vast majority of the “fake news” in the period looked at. The studies, by researchers at MIT,… Continue Reading
Instagram’s Uneasy Rise as a News Site
The New York Times [unpaywalled]: Instagram’s Uneasy Rise as a News Site – In this year’s presidential election, more people are turning to Instagram for news, even as the platform tries de-emphasizing “political content.” Continue Reading
