Webinar
AI: A Lawyer's Ally or Adversary?
Dive into the future of legal innovation with our webinar hosted by the expert team from Alumni Ventures’ AI Fund, including Ray Wu, Managing Partner, and Jack Statza, Senior Principal, alongside esteemed guest panelists Tracy Rubin of Cooley LLP, Brendan McDonnell of K&L Gates LLP, and Michael Phillips of Alumni Ventures.
Watch on-demand below.
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POST-WEBINAR SUMMARY:
During a webinar on AI in the legal industry, the panelists discussed various topics related to the use of AI in law. They covered housekeeping items and disclaimers, introduced Alumni Ventures and the AI fund, and discussed the benefits of investing in AI startups. The panelists also talked about the current use of AI in the legal profession, the impact of AI on the client-lawyer relationship, and the different business models adopted by AI legal startups. They also touched on the future of billing in law firms and the potential developments in AI that could have a significant impact on the legal profession in the next decade.
This engaging session explores the transformative role of Artificial Intelligence in the legal industry, highlighting both its potential as a powerful tool for efficiency and precision and the ethical considerations it brings to the forefront. From enhancing legal research with AI’s rapid analysis capabilities to navigating the complexities of contract analysis and predictive analytics, watch above to understand how AI is reshaping legal practices.
Don’t miss this opportunity to gain valuable insights into AI’s impact on law and how venture investors are capitalizing on its growth in the legal field. If you’re looking to stay ahead in the rapidly evolving legal landscape, view our enlightening discussion.
- HomeDiscover AI's Impact: Learn how AI is revolutionizing legal research, contract analysis, and predictive analytics, transforming the efficiency and accuracy of legal practices.
- HomeExpert Panel Insight: Gain insights from a distinguished panel including Ray Wu, Jack Statza, Tracy Rubin, Brendan McDonnell, and Michael Phillips on leveraging AI in legal operations and navigating its challenges.
- HomeEthical and Risk Management: Understand the ethical considerations and risk management strategies essential for integrating AI into legal practices without compromising professional integrity.
- HomeNetworking Opportunities: Connect with industry leaders, innovators, and peers who are at the forefront of integrating AI into the legal sector, fostering valuable professional relationships.
- HomeStay Ahead of the Curve: Equip yourself with the knowledge to stay competitive in a legal landscape increasingly influenced by AI, ensuring your practice or firm remains at the cutting edge of legal technology.
Alumni Ventures is America’s Largest Venture Capital Firm for Individual Investors.
Note: You must be accredited to invest in venture capital. Important disclosure information can be found at av-funds.com/disclosures.
About your presenters
Ray is a seasoned venture capitalist with over 20 years of investing experience across a wide range of industries and geographies. Before joining Alumni Ventures, Ray was a partner and adviser at several global venture funds focusing on AI, Web3, FinTech and SaaS investment opportunities across the U.S. and Asia Pacific. Earlier, he spent more than 10 years in the corporate venture space: He was the managing director of HP’s new business ventures, responsible for startup technology evaluation, new business incubation, VC relationships, and minority investments, and earlier at Cisco Systems, holding several senior positions leading investment, M&A, internal incubation, and global consulting. Previously, Ray was a managing partner of a leading Internet consulting firm working with Fortune 1000 companies across North America. He earned a dual MBA degree from the University of California, Berkeley and Columbia University.
Jack Statza brings extensive deep-tech venture investing expertise across various sectors and stages to his role at Alumni Ventures. Previously, he was a venture investor at Allstate Strategic Ventures, focusing on AI, Blockchain, and FinTech for Allstate Insurance Company. Before joining Allstate, Jack worked in investment banking at Lazard and Livingstone, executing M&A transactions for technology clients. He also served as a valuation associate at Northern Trust Corporation, where he gained a deep understanding of financial markets and valuing investments. Jack has been actively involved in the blockchain space since mining Bitcoin in 2010 and in AI since investing in the space at Allstate in 2016. He holds an MBA from the University of Chicago Booth School of Business, a BBA from the University of Wisconsin-Madison, and is a CFA charterholder.
General Counsel & Chief Compliance Officer
Michael has led legal and business teams in a variety of settings, from large financial services companies to start-ups. As a Managing Director at TIAA/Nuveen, he helped grow the asset management business to over $900 billion AUM, by forming new boutique registered investment advisors (RIAs) and developing alternative investment products distributed in the US and internationally across retail, institutional and high net worth clients. From there he co-founded an innovative investment advisory platform designed to align the interests of agencies, communities and institutional investors in large-scale infrastructure projects, serving as GC/COO and successfully raising institutional capital. Michael’s 25+ years of experience includes legal practice for major U.S. law firms (Faegre Drinker and Richards Layton) and other diversified financial services companies (Northern Trust and The Hartford). He is a CFA Charterholder and former U.S. Army Lieutenant. He earned a BA (English) from Dartmouth, a JD (Law) from William & Mary, an LLM (Taxation) from Villanova, and an MBA (Finance) from Wharton. Michael has a lifelong interest in arts and education, previously serving as a Director of a community arts foundation that founded and operated an arts-based Charter School, as well as recently developing and leading a multi-part training program for corporate employees to foster diversity and inclusion through the lens of art. Current initiatives include serving as a Director of Joy2Learn, a non-profit organization promoting the use of the arts in K-12 education, and advising education technology start-ups.
Partner, K&L Gates
Brendan Gutierrez McDonnell is a forward, visionary thinker, solving legal and business issues affecting public and private growth companies. Brendan is on the leading edge of ushering disruption into the traditional practice of law by leveraging technology, including artificial intelligence, to more efficiently serve his clients. Brendan regularly counsels corporate clients on mergers and acquisitions and public and private financings, including private equity and venture capital transactions. He also advises companies on a variety of everyday business issues, including advice on securities laws, corporate laws (including director and officer duties), executive compensation plans and general corporate contracts. He has worked with clients at every stage of development, from initial formation to Fortune 100 status. Brendan works with clients across a range of industries, including technology, manufacturing, specialty chemicals, transportation and logistics, creative services, and footwear and apparel.
Partnerl, Cooley LLP
Tracy has more than a decade of experience counseling industry innovators and the world’s leading technology companies on their most transformative and complex intellectual property transactions, including asset carve outs, spinouts, patent portfolio acquisitions, mergers and acquisitions, IPOs and strategic investments. Clients turn to her at all stages of growth, from small startups licensing technology to help launch and grow their business to large public companies seeking targeted advice on unique technology transactions matters.
Tracy also advises clients on licensing matters, including generative artificial intelligence strategy and risks, settlement agreements, university licensing agreements, joint development agreements, and other agreements pertaining to technology licensing, development, and distribution. She has particular expertise in technology-driven industries, including artificial intelligence and machine learning, connected devices, enterprise and consumer software, semiconductors, digital media, clean energy, ecommerce, data and analytics, and social media.