Last Friday, we had the pleasure of hosting Marc Veit, partner at LALIVE and founder of the document management tool exhibit manager, which recently got an AI update.

Joining us from London, Marc sat down with Joseph Schwartz for an engaging conversation about the role of AI in legal practice – from streamlining workflows to enhancing client service.

His explanation of how AI works went into great detail (have you heard of vectoring and Retrieval Augmented Generation, “RAG” before?), outlining how LLMs store and process data in order to produce a response to a prompt. This showed us that knowledge of the inner workings of LLMs is key to unlocking their fullest potential. We also discussed how AI can be used in compliance with client confidentiality and data protection regulations.

In practice, the most important factors for achieving good results with AI are:

• quantity and quality of the training data
• how the model was trained on that data
• the quality of the prompts used by lawyers (which Marc described as a “skill to be learned”) or prepared by reasoning models themselves
• using local clients of the LLM fed with user data

One of the key take-aways of the session: „thinking like a programmer“ and „thinking like a lawyer“ are not that different. Algorithms and legal reasoning, on a fundamental level, operate on similar foundation.

Fun fact: Marc first learned to code in the ’80s to support his windsurfing hobby. Decades later, that same tech-savvy mindset is transforming how legal professionals work.

Thanks to Marc and everyone who joined us for this insightful and inspiring session!