@NamelessDrg @ElmarByl @InternetH0F That logic is only law in some states. Not every jurisdiction has a "last clear chance" rule like that.
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Tim Saitta
25 posts
Tim Saitta
@AttorneySaitta
Founder @Lawficient - Legal software designed for pro se litigants.
Denver, CO Katılım Aralık 2022
73 Takip Edilen23 Takipçiler
@ElmarByl @InternetH0F There is a clear chance doctrine, so no matter if your in the right or wrong, if there is a way to avoid an accident and you don't take it, its your fault. This does not mean that the other party is not in the wrong, but you could be found equally wrong.
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@AndreaCan I agree. AI should improve the attorney-client relationship, not replace it.
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So far, AI has been marketed as a way to replace: assistants, paralegals, associates, junior partners... Can it? Nope. Never add a tech to remove a human. If the human is bad, remove them. Now.
Colin S. Levy@Clevy_Law
Legal tech should not be: “Revolutionizing law by swapping your junior associate for a chatbot that guesses the law, sounds confident doing it, and still sends you work you have to clean up—now with fewer billable hours and more buzzwords."
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@JasonBerkun @MetaLawMan Yea, that's true. But I'm hopeful that we continue to see those judicial functions curtailed, and I believe we will. Take a look at some of the findings SCOTUS has been making lately re the ATF and 2A. They're telling us what's coming.
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@AttorneySaitta @MetaLawMan That's a good argument. I will say though, the SEC still has quasi-judicial authority in cases involving equitable remedies.
Also, Humphrey's Executor was decided 52 years before Chevron. The SEC still retains authority to promulgate rules, albeit with less deference.
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There has been some commentary in the Twitter sphere arguing that a President lacks authority to fire the SEC Chairman.
I disagree with that analysis.
Writers in the Harvard & Yale law journals agree with me, as does former SCOTUS Justice Breyer. 👇
professorbainbridge.com/professorbainb…
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@JasonBerkun @MetaLawMan Keep in mind SCOTUS recently stripped the SEC of its quasi-judicial functions by denying the use of internal tribunals, AND the reversal on Chevron arguably strips the SEC of its quasi-legislative functions. Seems to me they're not gonna be exercising those functions anymore.
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@MetaLawMan The SEC exercises quasi-judicial and quasi-legislative functions with a similar structure to the FTC.
Trump woudn't be able to fire the SEC Chairman at will according to Humphrey's Executor.
I don't see this working unless Humphrey's Executor is overturned (which is plausible)
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@CeciliaZin @8teAPi Nearly 75% of divorces are managed pro se. Most courts don't collect this data, but where they do, it's staggering. In my opinion, the future is AI enabled pro se assistance. The market is ready for it, and @lawficient is coming.
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🧵 The state of legal AI, as explained by me, a 20-year lawyer, a three-time general counsel, and current legal AI company founder.
Tl;dr - the future is AI-enabled super-lawyers. It'll be here FAST.
H/t @8teAPi for inspiring me to write out what I've been seeing. 👇
Prakash@8teAPi
Long discussion with senior partner at major Bay Area law firm today > expects legal AI to decimate profession > law firms charge by hour, and gen AI specifically cuts time for many many tasks > unimpressed by most specific legal AI offerings > chatGPT with some prompting is still superior than specific tools > 10-20% error rate is acceptable -> “ 😂 you should see how dumb associates are, partners have to correct everything anyway and don’t trust associates fully” > feels lots of work will transition to in-house counsel. No need to hire external firms that charge by the hour when twenty minutes with chatGPT can get you decent results > personally looking to move in-house > good for areas of law where services were too expensive for many to afford for eg divorces > terrible for juniors entering the profession Of one large legal AI player > tested product in January, was useless. Just simple prompting directly with chatGPT gave better results > founders were like what first year associates? They don’t understand how law is practiced > they’re very well funded but law firms are struggling to use them > heard most of their revenue is coming from PWC, audit and compliance work rather than legal
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@Drew_Morris I'm really hoping the software we're launching this year gives attorneys a new way to make money without going through the meat grinder lol.
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@szeloof Making software for pro se litigants and the attorneys helping them.
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@heyitsalexsu In my experience, they don't feel threatened. They are welcoming it. I've been working with a number of state bars to implement software designed for pro se parties, and so far they all love what we're doing to help the pro se community.
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I respect Richard Susskind but this dramatically underestimates the ability of the legal profession to resist market forces. Just imagine what the state bars would do if they felt threatened by this kind of technology.
Richard Susskind@richardsusskind
I have a column about AI and law in @thetimes today. Here are some brief extracts: "The main social benefit of legal AI will not be in making lawyers more efficient but in empowering people who are not lawyers to handle their own legal affairs" ... See thetimes.co.uk/article/forget…
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@richardsusskind @thetimes That's what we are building @lawficient...legal software designed for use by pro se parties to divorce litigation, and it allows for attorneys to supervise that process in a time/cost effective manner so the attorney/client relationship is not lost. Good stuff coming in 2024. 👍
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I have a column about AI and law in @thetimes today. Here are some brief extracts:
"The main social benefit of legal AI will not be in making lawyers more efficient but in empowering people who are not lawyers to handle their own legal affairs" ...
See thetimes.co.uk/article/forget…
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@eddienasser @sweatystartup @PeteDDavis The result is a process that incentivizes lawyers to take "basic" work from low income clients and which allows them to minimize time spent on that client while also providing invaluable service to clients that otherwise would get no help at all. DM for more deets. 2/2.
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@eddienasser @sweatystartup @PeteDDavis In Colorado, upwards of 75% of those divorcing do so without atty assistance.
In response, my team and I created legal software designed for use by pro se litigants, where an atty is assigned to supervise their progress and provide limited rep services throughout. 1/2
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90% of the conversation about legal work is focused on 1% of the market (biglaw)
Lawyers are conditioned to want sophisticated, bespoke practices
In return, they end up in the 24/7 culture a la Paul Hastings
But there's another option 👇
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@ThomasBarothy Thank you for your interest! Please message your contact information, and I'll be in touch to discuss or schedule a time to speak.
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A friend (who retired as COO of the law dept of a very lg global bank) is looking to do more legaltech angel investments. Anyone have good ideas on how he can get more dealflow to look at?
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Did you know that in some states the rate of pro se #Divorce filings is upwards of 75% of all those filing for divorce in that state? #Legal assistance is out of reach for most people. #Legaltech is going to change the game, and that change is coming soon.
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@ThisIsDanMarcus @ZachAbramowitz Yes - automated, interactive processes designed by attorneys and made specifically for use by pro se litigants. Divorce, Immigration, LL/T issues....all reduced to attorney supervised processes. We expect our MVP to debut early Q4 2023.
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Some of the most expensive legal services are about to become MUCH cheaper.
Some of the most lucrative legal work is about to become a LOT less profitable.
The timeline is going to shock us.
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@DonaldGBillings That's exactly how we're changing the game for pro se litigants - automated processes.
GIF
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Tim Saitta retweetledi
SEC charges Genesis, Gemini with selling unregistered securities finance.yahoo.com/news/sec-charg…
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Age does not equal experience and time does not equal experience. Many attorney with 20 years of practice have lost or been out maneuvered by 2 year attorneys. People skills over years.
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Most case settle. In Federal court 94% of all cases settle. State courts 92% and family courts over 80% settle some or all of the issues. Most legal issues settle and courts are not the final decision maker.
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