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AI poised to replace entry-level positions at large financial institutions

CIO

Global banks and investment firms are currently mulling plans to replace entry-level financial analyst positions with artificial intelligence (AI), with as many as two-thirds of these positions potentially on the chopping block. Financial Services Industry, Generative AI, Robotic Process Automation

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What IT leaders need to know about the EU AI Act

CIO

The vote isn’t the final passage, but it indicates that many CIOs at organizations using AI tools will have new regulations to comply with, as the law will apply both to organizations developing AIs and those simply deploying them. Carlsson fears the law will have a “profound cooling effect” on AI research and adoption.

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Cyberattack on legal tech provider causing widespread disruption to UK law firms

TechCrunch

based provider of managed IT services for law firms and the professional services industry, is experiencing a cybersecurity incident that is causing ongoing widespread disruption across the legal sector. CTS, a U.K.-based

Industry 240
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Concerns remain even as the EU reaches a landmark deal to govern AI

CIO

The EU has emerged as the first major power to introduce a comprehensive set of laws to govern the use of AI after it agreed on a landmark deal for the EU AI bill. The bill will turn into an EU law once it is approved by the European Parliament at a vote scheduled for early 2024.

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Microsoft and Cognizant team up to boost enterprise Copilot adoption

CIO

The service provider plans to help deploy Microsoft 365 Copilot across its extensive client network, targeting a million users among its 2,000 global customers in 11 different industries. If a company uses a tool like GitHub Copilot to create code, the company is responsible if the AI’s work violates copyright laws, Marr said.

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Executive Search in the Legal Sector: Uncovering Excellence

N2Growth Blog

As legal firms strive to stay ahead of the competition and attract top legal talent, having a strategic approach to recruitment becomes paramount. One of the key benefits of executive search in the legal sector is the ability to tap into a vast network of industry contacts and passive candidates.

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Legl, a SaaS for law firm workflows, tops up with $18M

TechCrunch

Today, London-based Legl — a 2019-founded SaaS startup that sells tools to law firms wanting to digitize processes and automate workflows in areas like client onboarding, payments and compliance to support a more modern customer experience — is announcing the close of an $18 million Series B round, just over a year after it raised a $7M Series A.