AI and the Practice of Law: from CaseText to CoCounsel, with Pablo Arredondo, VP of CoCounsel for Thomson Reuters

In this episode, Nathan sits down with Pablo Arredondo, VP of CoCounsel for Thomson Reuters. They discuss the evolution of legal research, how GPT-4 has changed legal practices, security and privacy in AI driven legal services, and more. Try the Brave search API for free for up to 2000 queries per month at https://brave.com/api X/SOCIAL: @labenz (Nathan) @tweetatpablo (Pablo) @casetext  LINKS: Casetext: https://casetext.com/ Cognitive Revolution (new feed): https://cognitiverevolution.ai/ SPONSORS: Oracle Cloud Infrastructure (OCI) is a single platform for your infrastructure, database, application development, and AI needs. OCI has four to eight times the bandwidth of other clouds; offers one consistent price, and nobody does data better than Oracle. If you want to do more and spend less, take a free test drive of OCI at https://oracle.com/cognitive Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off www.omneky.com The Brave search API can be used to assemble a data set to train your AI models and help with retrieval augmentation at the time of inference. All while remaining affordable with developer first pricing, integrating the Brave search API into your workflow translates to more ethical data sourcing and more human representative data sets. Try the Brave search API for free for up to 2000 queries per month at https://brave.com/api ODF is where top founders get their start. Apply to join the next cohort and go from idea to conviction-fast. ODF has helped over 1000 companies like Traba, Levels and Finch get their start. Is it your turn? Go to http://beondeck.com/revolution to learn more. 💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist. TIMESTAMPS (00:00:00) Episode preview (00:01:42) The evolution of legal research: From books to AI (00:02:19) The game-changing impact of GPT-4 on legal practices (00:04:01) Exploring the future of legal AI with Pablo Arredondo (00:04:34) The birth and evolution of CaseText (00:07:06) Revolutionizing legal research with AI and large language models (00:14:42) The leap to GPT-4: A new era for legal tech (00:16:42) Navigating the challenges and opportunities of AI in law (00:27:41) The continuous evolution of AI in legal tech (00:43:46) The importance of rigorous testing in AI deployment (00:45:19) The importance of testing in legal tech (00:45:46) Merging with Thomson Reuters: A new era of quality control (00:46:49) Harnessing GPT-4 for legal document review (00:48:27) Innovations in legal tech: Beyond GPT-4 (00:49:00) The evolution of legal research and document management (00:49:54) Exploring the potential of AI in legal firms (00:51:37) Security and privacy in AI-driven legal services (00:52:43) The future of vector databases in legal tech (00:54:10) AI-assisted legal assistance: A new frontier (00:58:41) The pricing strategy and market response to AI legal tools (01:10:18) The future of law and AI integration (01:23:18) Reflections on being acquired by Thomson Reuters (01:26:07) Closing thoughts: The impact of LLMs on justice