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Legaltech Week

05/31/24: Stanford study of LexisNexis and TR, AAA acquisition, and livestreamed crimes

Jun 5, 2024
This week's podcast covers a Stanford study on AI accuracy in LexisNexis and TR, lessons lawyers learned during the pandemic, a man livestreaming with a suspended license, and the American Arbitration Association acquiring ODR.com and Mediate.com.
57:37

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Quick takeaways

  • The Stanford study analyzed hallucination rates in LexisNexis and Thomson Reuters Gen AI products, highlighting potential implications for legal tech development.
  • American Arbitration Association's acquisition of ODR.com signifies a tech-driven shift in dispute resolution processes, expanding online mediation and arbitration services.

Deep dives

American Arbitration Association's Acquisition of ODR.com

The American Arbitration Association's recent acquisition of ODR.com, a site led by Colin Rule, brings a new era of tech-driven dispute resolution with a focus on ODR in various sectors including arbitration and mediation. The integration of ODR initiatives and the innovative leadership under Bridget McCormick, former Michigan Supreme Court Justice, signifies a significant advancement in tech-driven dispute resolution processes.

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