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We've frequently discussed the benefits and pitfalls of ChatGPT. It's only prudent to remind folks about the risks of "hallucinations" and the occasional lapses in accuracy that ChatGPT can encounter. It's no surprise that some "ingenious" lawyer already attempted to use it to cite case law and was caught on the spot when an astute judge had their staff cross-check the references. Those skeptical of ChatGPT are now laughing uproariously at this blunder. "I told you so", they say. And yes, it's absurd to ask ChatGPT to cite case law and to trust its references without double-checking the sources. After all, let's remember that ChatGPT is a large language model—it generates content based on context. Precision and accurate sourcing aren't its strong suits. Producing plausible-looking content is more its way of operating. Does this misstep mean that lawyers should abandon ChatGPT? This idea couldn't be further from the truth. Legal documents are, by nature, constructed on context. So, ChatGPT excels at creating templates, generating different drafts of a particular clause, reviewing documents, and suggesting relevant edits, to name just a few uses. So, how should lawyers utilize ChatGPT without tripping up like our colleagues at Levidow, Levidow & Oberman? Here are a few suggestions:Read more
In the wake of the COVID-19 pandemic, our professional environment has undergone a significant transformation. Remote work, once a sporadic luxury or an experiment in progressive companies, has swiftly become the new norm. Questions we once asked, such as "Can I work from home?" or "How many days can I work remotely?" have been flipped on their head. Today, we find ourselves asking, "Do I need to be in the office at all?" or "How often do I really need to be physically present at work?"...Read more
Diversity, Equity, and Inclusion (DE&I) are critical components of building a successful startup. When companies prioritize DE&I, they tend to have more engaged employees, a more innovative culture, and better financial performance. Here are five ways that startups can promote DE&I.Read more
Back in the day, ERP implementations used to be a nightmare for many companies. We've all heard of horror stories where millions of dollars were spent on planning and implementation, only to be told that the whole thing was a failure. But why is this still happening? With our extensive experience in ERP, we have identified the four main challenges that companies face when selecting and implementing an ERP solution. We are working to create a new generation of ERP systems that are easy to implement, intuitive to use, and adaptable to each organization's unique needs. Stay tuned for our new product roadmap!Read more
A long time ago, we’ve written about the best and worst use of AI when it comes to lawyers. If some of you recall, our original “Sleegal AI” is a ChatGPT style chatbot to help people find lawyers. Before we know it, AI Generated Content (“AIGC”) has become the hottest topic in 2023. With this in mind and deriving from our understanding of AI, legal tech and self-driving cars, what is ChatGPT good and bad at?Read more
When we talk to our potential customers in the field, especially the relatively new startups who are going through hypergrowth, we notice that there is a lot of misunderstanding and confusion about needing a procurement team at all. We have seen hyper-growth companies with a few thousand employees, some of which may even produce and sell hardware, who don’t have a procurement function at all. This is mind-boggling and very dangerous. Here are the common fallacies about whether and why a company needs procurement and our responses to them.Read more