Aug 23, 2024 | AI
ILTACON Highlights: CIOs’ Perspectives on Document Management Systems, Generative AI, and More
Steve Assie, general manager, Global Large Law Firms, Thomson Reuters, shares key takeaways from ILTACON, including highlights from a panel of CIOs from G100 and G200 firms.
Steve Assie, general manager, Global Large Law Firms, Thomson Reuters, attended ILTACON and moderated a panel discussion for CIOs from G100 and G200 firms. Below, he shares his takeaways from the panel and the conference.
What truly stood out to me at ILTACON was the energy and enthusiasm of the event. I was struck by how the collaborative atmosphere among attendees – ranging from seasoned legal professionals to tech enthusiasts – created an enriching environment for knowledge exchange and networking.
The conference center was brimming with excited representatives from law firms and vendors showcasing innovative solutions. Everyone was grappling with how – and when – generative AI could transform the practice of law.
The insightful sessions on cybersecurity, data privacy, and the future of legal tech trends provided valuable takeaways that are likely to shape the industry in the coming years. Overall, the conference underscored the rapid advancements and the pivotal role of technology in transforming the legal landscape.
CIO insights
I moderated a panel conversation among G100 and G200 CIOs. The CIOs discussed the evolving role of the document management system, the opportunity for generative AI to drive efficiency improvements now and in the future, the evolving expectations of corporate law departments, and data security practices.
Audience attendees seemed especially interested in the tenor of the conversation around transformative AI solutions. One of the CIOs said that his firm was using CoCounsel as its AI assistant and that lawyers at the firm were eager adopters. He mentioned wanting to buy more seats. That was a fun moment for me!
CoCounsel 2.0
We hosted a number of extremely well-attended events, including customer dinners, an appreciation event, and other celebrations. The opportunity to share perspectives and learn from law firms was invaluable.
I was thrilled to see that the announcement of CoCounsel 2.0 seemed to generate the most excitement among product news. Jake Heller, head of Product for CoCounsel, Thomson Reuters, showcased a side-by-side view on the speed of the application, highlighting how CoCounsel 2.0 moves more than 3 times faster than the current version CoCounsel Core. After customers saw that, they were clamoring for access.
On a personal level, I enjoyed seeing so many former colleagues and peers. The legal community is a tight-knit group. It was amazing to walk the halls of the conference centers and catch up with so many great people.
Check out other Thomson Reuters ILTACON recaps, including the legal industry’s reaction to the launch of CoCounsel 2.0. and highlights from the “How Today’s Lawyers Are Enhancing Their Practice with AI” session.
