The law has never left determining
the legal effect of technology to technologists.
Not exact matches
Such risks, uncertainties and other factors include, without limitation: (1) the
effect of economic conditions in the industries and markets in which United
Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced
technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United
Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United
Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United
Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the
effect of changes in political conditions in the U.S. and other countries in which United
Technologies and Rockwell Collins operate, including the
effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the
effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United
Technologies and Rockwell Collins operate; (17) the ability
of United
Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United
Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United
Technologies or $ 50 million
of expense reimbursement; (19) negative
effects of the announcement or the completion
of the merger on the market price
of United
Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United
Technologies being restricted in their operation
of their businesses while the merger agreement is in
effect; (21) risks relating to the value
of the United
Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United
Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The bill defines blockchain
technology and smart contracts and then states that transactions based on these self - executing contracts could not be «denied
legal effect, validity, or enforceability» because
of the smart contract term.
These risks and uncertainties include: fluctuations in U.S. and international economies and currencies, our ability to preserve, grow and leverage our brands, potential negative
effects of material breaches
of our information
technology systems if any were to occur, costs associated with, and the successful execution
of, the company's initiatives and plans, the acceptance
of the company's products by our customers, the impact
of competition, coffee, dairy and other raw material prices and availability, the
effect of legal proceedings, and other risks detailed in the company filings with the Securities and Exchange Commission, including the «Risk Factors» section
of Starbucks Annual Report on Form 10 - K for the fiscal year ended September 28, 2014.
These factors — many
of which are beyond our control and the
effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation,
legal and regulatory environment, competitive and systemic risks and other risks discussed in the risk sections
of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing prices and household indebtedness, information
technology and cyber risk, regulatory change, technological innovation and new entrants, global environmental policy and climate change, changes in consumer behavior, the end
of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the
effects of changes in government fiscal, monetary and other policies, tax risk and transparency and environmental and social risk.
And therefore devices such as the following are used by law societies: (1) methods to control an alleged over-supply
of lawyers; (2) «alternative
legal services,» which are charity, simplistic services, and without the benefit
of the solicitor - client relationship (pro bono services being but a very small exception, and possibly targeted
legal services); and, (3) the sponsoring
of «apps,» (the application
of electronic
technology to
legal services), the
effect of which upon the problem is unknown and unanalyzed, and can not solve any such access to justice problem.
(forthcoming in the Georgetown Journal
of Legal Ethics, (Spring 2017), currently available on SSRN), Remus and Levy examined the various facets
of lawyering and the potential
effects of new AI
technologies on each
of them.
The presentation titled «Will Your Next Lawyer Be a Machine» will focus on the
technology that is being used in
legal to replace or enhance lawyers, its overall
effect on consumers and the business
of law, and projections for the future
of artificial intelligence and other
technology in the
legal industry.current trends in
legal tech and integrating mobile devices.
The
effect of new tools and
technology on the
legal profession, and on the global economy generally, can not be understood without context.
Hannah Hawsl - Kelcher
of the
Legal Literacy Blog hosts this week's holiday - themed installment
of Blawg Review # 87, which features both the naughty (like Leon Gettler's discussion
of prosecutors behaving badly or use
of PowerPoint to improve congressional debate as described at Freedom to Differ) and the nice (such as Bruce McEwan's discussion
of ways to use
technology to
effect an exchange
of ideas).
In
effect, the cost
of LPM and its related
technology is often more than offset by the cost savings from reduced
legal fees themselves, while affording 24/7/365 transparency about the status
of legal matters.
The
legal profession isn't the only sector feeling the
effects of struggling global and local economies, a chronic lack
of resources and the relentless demands
of ever - changing
technology; all parts
of our society are having to change the way they live and work.
Technology companies — both established and emerging — are focusing on privacy, cybersecurity, compliance, protection
of intellectual property and licensing, all
of which require
legal support that is nimble and able to adapt to the
effects of innovations in the marketplace.
When it comes to
legal technology, law firms suffer from the frustrating
effects of classic inertia.
In the second part
of this blog post (to be published on Monday February, 20th), we will turn our attention to a study on the
effect of new AI
technologies on lawyers» employment and we will explore some
of benefits to be obtained by these systems in the
legal world.
The
effects of technology on the law can be seen throughout the profession as these innovations are slowly integrated into the
legal marketplace.
The incredible thing about
technology is that it has the
effect of leveling the playing field. At one time there was this misguided notion that all attorneys that ended up working for the top law firms were somehow genetically superior to the rest
of the
legal world. As demonstrated by my favorite book in this last year Outliers, and this post The Outliers
of the Law — the old sytem
of selecting the best and brightest has no actual grounding in finding the true outliers. In this post by Jordan Furlong supports this idea that the «best and brightest» is a fallacy handed to those attorneys with the best pedigrees and economic situation rather than those most likely to be exceptional attorneys. Don't expect to see this changing any time soon.
Both solutions will occur because the power
of the news media and
of the internet, interacting, will quickly make widely known these types
of information, the cumulative
effect of which will force governments and the courts to act: (1) the situations
of the thousands
of people whose lives have been ruined because they could not obtain the help
of a lawyer; (2) the statistics as to the increasing percentages
of litigants who are unrepresented and clogging the courts, causing judges to provide more public warnings; (3) the large fees that some lawyers charge; (4) increasing numbers
of people being denied
Legal Aid and court - appointed lawyers; (5) the many years that law societies have been unsuccessful in coping with this problem which continues to grow worse; (6) people prosecuted for «the unauthorized practice of law» because they tried to help others desperately in need of a lawyer whom they couldn't afford to hire; (7) that there is no truly effective advertising creating competition among law firms that could cause them to lower their fees; (8) that law societies are too comfortably protected by their monopoly over the provision of legal services, which is why they might block the expansion of the paralegal profession, and haven't effectively innovated with electronic technology and new infrastructure so as to be able to solve this problem; (9) that when members of the public access the law society website they don't see any reference to the problem that can assure them that something effective is being done and, (10) in order for the rule of law, the Canadian Charter of Rights and Freedoms, and the whole of Canada's constitution be able to operate effectively and command sufficient respect, the majority of the population must be able to obtain a lawyer at reasonable
Legal Aid and court - appointed lawyers; (5) the many years that law societies have been unsuccessful in coping with this problem which continues to grow worse; (6) people prosecuted for «the unauthorized practice
of law» because they tried to help others desperately in need
of a lawyer whom they couldn't afford to hire; (7) that there is no truly effective advertising creating competition among law firms that could cause them to lower their fees; (8) that law societies are too comfortably protected by their monopoly over the provision
of legal services, which is why they might block the expansion of the paralegal profession, and haven't effectively innovated with electronic technology and new infrastructure so as to be able to solve this problem; (9) that when members of the public access the law society website they don't see any reference to the problem that can assure them that something effective is being done and, (10) in order for the rule of law, the Canadian Charter of Rights and Freedoms, and the whole of Canada's constitution be able to operate effectively and command sufficient respect, the majority of the population must be able to obtain a lawyer at reasonable
legal services, which is why they might block the expansion
of the paralegal profession, and haven't effectively innovated with electronic
technology and new infrastructure so as to be able to solve this problem; (9) that when members
of the public access the law society website they don't see any reference to the problem that can assure them that something effective is being done and, (10) in order for the rule
of law, the Canadian Charter
of Rights and Freedoms, and the whole
of Canada's constitution be able to operate effectively and command sufficient respect, the majority
of the population must be able to obtain a lawyer at reasonable cost.
It's worth repeating what I said two days ago, after LexThink: «I am all for modernizing the law firm and the lawyer - client relationship — so long as it is a tool for better serving the client's interests, rather than one that merely uses modern selling techniques and
technology to artificially increase lawyer fees and profits and to stave off the democratizing
effects in the
legal services marketplace
of the digital revolution.»
Tom Lambotte, CEO
of GlobalMacIT, talks about the
effect different
technology mindsets have on
legal businesses.
Continuing Education
of the Bar Executive Director Kelly Lake discusses disruptive
effects of legal technology and why continued learning and development is essential for
legal professionals.
While the
legal industry has yet to feel the disruptive
effects of technology, some observers say change is on the horizon and that law students are bound to see it during their careers.
The Importance
of Legal Tech and Continued Education Continuing Education of the Bar Executive Director Kelly Lake talks about the disruptive effects of legal technology and why continued learning and development is essential for legal professio
Legal Tech and Continued Education Continuing Education
of the Bar Executive Director Kelly Lake talks about the disruptive
effects of legal technology and why continued learning and development is essential for legal professio
legal technology and why continued learning and development is essential for
legal professio
legal professionals.
Other popular
legal technology blogs to consider include: 1) Future Lawyer, written by the always - knowledgable Florida litigator Rick Georges; 2) Technologist, a group blog; 3) Divorce Discourse, where attorney Lee Rosen shares
technology and law practice management advice; 4) Law Practice Tips, a blog chock full
of wisdom from Jim Calloway, an attorney and the Director
of the Oklahoma Bar Association's Management Assistance Program; 5) iPhone JD, where attorney Jeff Richardson covers all things Apple - related, including iPhones and iPads; 6) Ride the Lightening, which covers a variety
of interesting
legal technology issues and is authored by lawyer Sharon Nelson, who offers her opinion on the
effect of legal technology on the practice
of law; and 7) the MyCase blog, where I regularly write about a host
of legal tech issues.
The video edition
of the quarterly report analyzes
legal trends in risk management areas that
effect real estate professionals: Agency, PCD, RESPA,
Technology and Third Party Liability.
The video edition
of the quarterly report analyzes
legal trends in risk management areas that
effect real estate professionals: Agency, Property Condition Disclosure, RESPA, Antitrust,
Technology, and Third - Party Liability issues.