The legaltech book : the legal technology handbook for investors, entrepreneurs and FinTech visionaries / / edited by Sophia Adams Bhatti [and three others]

• Pubblicazione: Chichester, West Sussex, England : , : Wiley, , [2020]; ©2020
• Descrizione fisica: 1 online resource (xiv, 265 pages) : illustrations
• Disciplina: 340.0285
• Soggetto topico: Practice of law - Automation
• Persona (resp. second.): ChishtiSusanne <1971->
• Nota di contenuto: Intro -- The LegalTech Book -- Contents -- Preface -- About the Editors -- Acknowledgements -- 1. An Introduction to LegalTech: The Law Boosted by AI and Technology We Are Voyagers -- Mapping and Classifying LegalTechs -- Why Is Classification Necessary? -- A Mapping Frenzy -- Approaching the Classification Effort -- Gazing Into the FinTech Abyss -- Links -- Educating for Disruption, Innovation and Legal Technology -- Introduction -- The Nature of Disruption and Innovation in Legal Services to Date and the Increasing Role of Technology -- Where Do We Go From Here? -- Conclusion -- An Introduction to Mapping and Classifying LegalTech -- In-House Counsel Can Drive Industry Change Through Legal Technology -- Introduction and My Journey to LegalTech -- Adoption of Legal Technology-In-House vs Law Firms -- Why Do Many In-House Teams Lag Behind? -- The Business Case for LegalTech -- Change on the Horizon! -- The Role of LegalTech in Financial Services: A Case Study -- Background -- Legal Document Automation in Financial Services -- Case Study -- A Problem of Scale -- Risk Mitigation -- What the Future Holds -- How Artificial Intelligence Is Transforming the Legal Profession -- The Changing Face of the Legal Profession -- Drivers of Technological Advancement in the Legal Industry -- How Is AI Revolutionizing the Legal Field? -- How Should Legal Departments Be Prepared for the AI Revolution? -- What are the Implications of AI in the Legal Industry? -- Conclusion -- Can the Law Keep Up with the Growth of AI? -- Big Data, Text and Data Mining-Can the Law Keep Up? -- AI vs Privacy Laws -- TDM vs Copyright Laws -- A Global Concern -- Alternative Solutions: Innovation-Friendly Laws -- Technological Solutions -- Fairness, Accountability and Transparency - Trust in AI and Machine Learning -- Privacy - A Trade-off for Access. ; Surveillance Capitalism and Threats to Democracy -- State Surveillance and Enforcement -- Bias/Unfairness -- Transparency -- Accountability -- What Next? -- The Chiron Imperative - A Framework of Six Human-in-the-Loop Paradigms to Create Wise and Just AI-Human Centaurs -- Human as AI Trainer -- Human as AI User-Trainer -- Human as AI Quality Control and Governance -- Human as AI Explainer or Interpreter -- Human as AI Creator -- Human as Customer-User of AI Products and Services -- Embodying Chiron as the Ideal AI Centaur -- Lawyers' Ethical Responsibility to Leverage AI in the Practice of Law -- AI's Black Box -- Duties of Competence ... and Supervision -- Global AI Ethics -- AI and Ethics: Hand in Hand -- Dispute Resolution 2.0: The Era of BIG Data, AI and Analytics -- Digitizing the Dispute Resolution Process -- AI in Dispute Resolution -- At the Transactional Stage -- At the Time of Breach or Failed Performance -- Document Review -- Legal Research -- Bundling and Administrative Tasks -- Trials -- Why All LegalTech Roads "Point" to a Platform Strategy -- How Did We Get Here? -- Digital Operations, Data and Platforms -- The Promise of Artificial Intelligence -- How Can We Keep Up? -- An Introduction to the Internet of Things -- What Is the IoT? -- What Is an IoT Device? -- Security of the IoT -- Blockchain -- The IoT and the Law -- Conclusion -- 2. Law and Data -- Technology and the Law - Data and the Law -- The Paces of Change -- Governance Beyond the Law -- Technology or Application? -- The Languages of Law, of Science and of Society -- Data for the Wider Good -- References -- I Make the Rules, Why Should I Care About LegalTech? -- So, Where Do You Start in Order to Have the Best Shot at a Successful Digital Transformation? -- Legacy CMS -- Investment in Technology or Outsourcing? -- Bespoke or Off-the-Shelf? -- Content Delivery Methods to Consider. ; Resourcing -- Data Resilience and Security -- Maintenance and Accessibility -- Capturing Useful Data -- Well-Defined and Structured Data Model -- Content Augmented with Metadata -- Taxonomy -- Data Migration and Testing -- To Conclude -- From Legal Documents to Legal Data -- Introduction -- Legal Documents -- Legal Data -- Open Access -- Natural Language Processing -- Case Studies -- Conclusion -- Acquisitive Information Extraction Framework for Legal Domain -- Introduction -- Acquisitive Information Extraction Framework -- Case Study: Named-Entity Recognition for Legal Documents -- Results and Discussion -- Acknowledgements -- Legal Expert Systems -- Relevancy of Questions -- Explanations -- Tech vs Law: Consent -- The Issue -- "Specific and Informed" Consent -- "Freely Given" -- An Alternative Approach -- The Way Forward -- New Privacy Laws Require Changed Operations on Commercial Websites -- The Changing Landscape of Internet Data Privacy -- Jurisprudence of Internet Data Privacy Regulation -- The California Consumer Privacy Act of 2018 -- European Union's General Data Protection Regulation -- Comparison of Two Seminal Laws -- Dealing with Tensions Between the Blockchain and the GDPR -- Introduction -- Problems of Identifying Data Controllers and Processors on the Blockchain -- The Right to Erasure on the Blockchain -- Liability of Joint Controllers on the Blockchain -- The Scope of the DPIA on the Blockchain Network -- Data Transfers -- Smart Contracts and Automated Decision-Making -- Conclusion -- Rise of the Legalbots: How In-House Teams and Business Lines Benefit -- What Has Changed -- The Legalbot - What Is It and What Can It Do for You? -- Conclusion: Legalbots - An Opportunity or a Threat? -- AI Is Changing Boardroom Dynamics -- Cloud Computing Contracts -- 3. Technology vs Law -- LegalTech in Our Daily Lives -- Conclusion. ; The Evolution of the Legal Marketplace -- The Evolution of the Legal Marketplace -- Stage One: The Marketplace -- Stage Two: The Managed Platform -- Stage Three: Full Verticalization -- The Marketplace Evolution -- Technology and In-House Counsel -- The Role of the In-House Lawyer -- Legal Technology as Point Solution -- A Blank Sheet of Paper -- Walking Forwards -- Smart Home or Spy Home? -- "Smart" Lifestyle: -- Smart Challenges -- Basic Defence Measures -- Cybersecurity: Myths and the Hero's Journey -- Introduction -- Problem, What Problem? -- Could Your Firm Survive Such an Event? -- A Call to Action -- Create Your Cybersecurity Strategy -- Cybersecurity Myths and the Trials: Threats from Within and Without -- Help From Unexpected Sources -- Conclusion -- Legal Talent Platform Economy - The Beginning of the End? -- Can Intelligence Be Appropriated: Ownership Over AI -- What Is AI? -- From Inventor to Owner - The AI Dilemma -- More Questions Than Answers -- The Electronic Creation Right (ECR) -- Artificial Originality and Creativity -- Moral Rights and the Rationale for the ECR -- 4. Cryptocurrencies, Distributed Ledger Technology and the Law -- Distributed Ledger Technology and the Legal Profession -- Distributed Ledger Technology: Factors for Adoption and Use Cases -- Impact of Distributed Ledger Technology on Legal Services -- Conclusion -- Cryptoasset Regulation: Clarification and Guidance -- The Legal Implications of Digital Security Offerings -- FINMA Leads but SEC Rules -- The US Supreme Court and Considerations of the "Howey Test" -- The Life cycle of a Security Token -- Global Regulation -- Cryptoassets and Market Abuse -- Definition and Classification of Cryptoassets -- Cryptoassets as Financial Instruments -- Market Abuse -- Conclusions -- Cryptosecurities: Traditional Financial Instruments on a Distributed Ledger. ; Distributed Ledger Technology and Share Registers -- Cryptosecurities -- Classification Matrix -- Examples -- Category C3 Cryptosecurities -- Conclusion -- The Use of Digital Tokens for the Boost of Supply Chain Finance -- Introduction -- The Use of Digital Tokens in SCF -- An Example of How Digital Tokens Can Be Used in the Context of SCF -- Conclusion: Tokenization as a Boost for the Supply Chain Finance Sector -- 5. Smart Contracts and Applications -- LegalTech's Impact on the Role and Job of a Lawyer -- Smart(er) Contracts - Digitizing Contracts for a New Age -- Introduction -- Costly Contracting and the Need for a Digital Contract Standard -- Imagine a World of Smart Contracting -- Building Smart(er) Contracts -- Conclusion -- Smart Contract and Traditional Contract -- Traditional Contracts Compared to Smart Contracts -- The Interface with Blockchain -- Getting Smart: Blockchain and Smart Contracts -- Origins of Blockchain Smart Contracts and How Blockchain Smart Contracts Work -- Potential Use Cases -- Technical Limitations or Barriers and Regulatory Issues -- Conclusion -- Legal Prose to Code: Restructuring Contract Templates for Blockchain Automation -- References -- The Legal Framework of Pay-Per-Use Financing -- What Is Pay-Per-Use Financing? -- To Buy, to Lease or to Pay-Per-Use? -- Pay-Per-Use Business Models -- Bank Pay-Per-Use-Finances Asset -- Customer Buys Service Level Agreement -- What Are the Prerequisites for Pay-Per-Use? -- Data Logistics -- Design "Use" of the Asset -- Risk Management -- Supply Chain Settlement -- Data Governance -- 6. Legal Technology: Increasing or Impeding Access to Justice? -- Legal Technology: Increasing or Impeding Access to Justice? -- Introduction -- The Crucial Role of LegalTech in Access to Justice -- Digitizing Disputes -- Introduction -- Court Use of Technology -- Summary of Disputes Focused Software. ; AI in Disputes.
• Sommario/riassunto: "Written by prominent thought leaders in the global FinTech investment space, The LegalTech Book aggregates diverse expertise into a single, informative volume. Key industry developments are explained in detail, and critical insights from cutting-edge practitioners offer first-hand information and lessons learned. Coverage includes: The current status of LegalTech, why now is the time for it to boom, the drivers behind it, and how it relates to FinTech, RegTech, InsurTech and WealthTech Applications of AI, machine learning and deep learning in the practice of law; e-discovery and due diligence; AI as a legal predictor LegalTech making the law accessible to all; online courts, online dispute resolution The Uberization of the law; hiring and firing through apps Lawbots; social media meets legal advice To what extent does LegalTech make lawyers redundant? Cryptocurrencies, distributed ledger technology and the law The Internet of Things, data privacy, automated contracts Cybersecurity and data Technology vs. the law; driverless cars and liability, legal rights of robots, ownership rights over works created by technology Legislators as innovators"--
• Titolo autorizzato: The legaltech book
• ISBN: 1-119-80497-3; 1-119-80498-1; 1-119-70806-0; 1-119-57428-5
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910677560503321
• Lo trovi qui: Univ. Federico II