{"version":"1.0.0","segments":[{"speaker":"YS Chi","startTime":0.75,"endTime":3.72,"body":"The unique contributions"},{"speaker":"YS Chi","startTime":0.75,"endTime":3.72,"body":"podcast is brought to you by"},{"speaker":"YS Chi","startTime":3.72,"endTime":7.53,"body":"RELX. Find out more about us by"},{"speaker":"YS Chi","startTime":3.72,"endTime":7.53,"body":"visiting relx.com"},{"speaker":"Sean Fitzpatrick","startTime":14.07,"endTime":16.05,"body":"You know the"},{"speaker":"Sean Fitzpatrick","startTime":14.07,"endTime":16.05,"body":"vision is not like a 10-year"},{"speaker":"Sean Fitzpatrick","startTime":16.05,"endTime":20.25,"body":"vision. This is not about what"},{"speaker":"Sean Fitzpatrick","startTime":16.05,"endTime":20.25,"body":"we're going to do 10 years from"},{"speaker":"Sean Fitzpatrick","startTime":20.25,"endTime":23.19,"body":"now, or five years from now, or"},{"speaker":"Sean Fitzpatrick","startTime":20.25,"endTime":23.19,"body":"even three years from now, a lot"},{"speaker":"Sean Fitzpatrick","startTime":23.19,"endTime":24.48,"body":"of this stuff is available"},{"speaker":"Sean Fitzpatrick","startTime":23.19,"endTime":24.48,"body":"today."},{"speaker":"YS Chi","startTime":41.43,"endTime":44.85,"body":"Hello and welcome to a"},{"speaker":"YS Chi","startTime":41.43,"endTime":44.85,"body":"special episode on AI and the"},{"speaker":"YS Chi","startTime":44.85,"endTime":48.75,"body":"law. RELX has been using"},{"speaker":"YS Chi","startTime":44.85,"endTime":48.75,"body":"extractive AI across the company"},{"speaker":"YS Chi","startTime":48.75,"endTime":54.0,"body":"for well over a decade, and now"},{"speaker":"YS Chi","startTime":48.75,"endTime":54.0,"body":"generative AI. In early 2024"},{"speaker":"YS Chi","startTime":54.03,"endTime":58.32,"body":"Bank of America, an investment"},{"speaker":"YS Chi","startTime":54.03,"endTime":58.32,"body":"bank, said that 2023 was the"},{"speaker":"YS Chi","startTime":58.32,"endTime":63.12,"body":"year of the ‘AI enablers.’ While"},{"speaker":"YS Chi","startTime":58.32,"endTime":63.12,"body":"2024 would be the year of the"},{"speaker":"YS Chi","startTime":63.27,"endTime":68.37,"body":"‘AI adopters.’ RELX was listed"},{"speaker":"YS Chi","startTime":63.27,"endTime":68.37,"body":"among the top 10 companies most"},{"speaker":"YS Chi","startTime":68.37,"endTime":73.35,"body":"likely to benefit from AI. Now,"},{"speaker":"YS Chi","startTime":68.37,"endTime":73.35,"body":"fast forward to 2025 and"},{"speaker":"YS Chi","startTime":73.35,"endTime":78.15,"body":"LexisNexis Legal \u0026 Professional,"},{"speaker":"YS Chi","startTime":73.35,"endTime":78.15,"body":"our legal business, has deployed"},{"speaker":"YS Chi","startTime":78.18,"endTime":82.59,"body":"generative AI at scale across"},{"speaker":"YS Chi","startTime":78.18,"endTime":82.59,"body":"the US, Canada, UK, France and"},{"speaker":"YS Chi","startTime":82.59,"endTime":85.53,"body":"Australia, among other"},{"speaker":"YS Chi","startTime":82.59,"endTime":85.53,"body":"countries, and generating"},{"speaker":"YS Chi","startTime":85.56,"endTime":91.59,"body":"revenues. My guest today is Sean"},{"speaker":"YS Chi","startTime":85.56,"endTime":91.59,"body":"Fitzpatrick, CEO of LexisNexis"},{"speaker":"YS Chi","startTime":91.59,"endTime":95.25,"body":"for North America, UK and"},{"speaker":"YS Chi","startTime":91.59,"endTime":95.25,"body":"Ireland. Sean is uniquely"},{"speaker":"YS Chi","startTime":95.25,"endTime":98.25,"body":"positioned to share insights on"},{"speaker":"YS Chi","startTime":95.25,"endTime":98.25,"body":"how the legal profession is"},{"speaker":"YS Chi","startTime":98.25,"endTime":103.95,"body":"adapting to generative AI, the"},{"speaker":"YS Chi","startTime":98.25,"endTime":103.95,"body":"risks and opportunities, and"},{"speaker":"YS Chi","startTime":103.95,"endTime":107.28,"body":"what this means for the future"},{"speaker":"YS Chi","startTime":103.95,"endTime":107.28,"body":"of legal profession. So Sean,"},{"speaker":"YS Chi","startTime":107.28,"endTime":108.09,"body":"welcome."},{"speaker":"Sean Fitzpatrick","startTime":108.75,"endTime":110.28,"body":"Thank you."},{"speaker":"Sean Fitzpatrick","startTime":108.75,"endTime":110.28,"body":"It's great to be here."},{"speaker":"YS Chi","startTime":110.79,"endTime":114.03,"body":"Yeah. How about we start"},{"speaker":"YS Chi","startTime":110.79,"endTime":114.03,"body":"with an introduction about"},{"speaker":"YS Chi","startTime":114.03,"endTime":116.76,"body":"yourself from you. Tell us about"},{"speaker":"YS Chi","startTime":114.03,"endTime":116.76,"body":"your background."},{"speaker":"Sean Fitzpatrick","startTime":117.78,"endTime":120.69,"body":"Yeah, sure."},{"speaker":"Sean Fitzpatrick","startTime":117.78,"endTime":120.69,"body":"So, I've been at LexisNexis for"},{"speaker":"Sean Fitzpatrick","startTime":120.96,"endTime":125.31,"body":"just under 20 years now. Hard to"},{"speaker":"Sean Fitzpatrick","startTime":120.96,"endTime":125.31,"body":"believe that much time has"},{"speaker":"Sean Fitzpatrick","startTime":125.31,"endTime":129.63,"body":"passed. When I came to"},{"speaker":"Sean Fitzpatrick","startTime":125.31,"endTime":129.63,"body":"LexisNexis my children were just"},{"speaker":"Sean Fitzpatrick","startTime":129.63,"endTime":133.29,"body":"babies. My daughter was two"},{"speaker":"Sean Fitzpatrick","startTime":129.63,"endTime":133.29,"body":"years old and now she's"},{"speaker":"Sean Fitzpatrick","startTime":133.29,"endTime":135.24,"body":"graduating from college. So…"},{"speaker":"YS Chi","startTime":135.3,"endTime":137.25,"body":"Alright."},{"speaker":"YS Chi","startTime":135.3,"endTime":137.25,"body":"Congratulations."},{"speaker":"Sean Fitzpatrick","startTime":137.97,"endTime":140.04,"body":"Thank you."},{"speaker":"Sean Fitzpatrick","startTime":137.97,"endTime":140.04,"body":"It's been a wonderful, wonderful"},{"speaker":"Sean Fitzpatrick","startTime":140.04,"endTime":143.76,"body":"journey. So, you know over that"},{"speaker":"Sean Fitzpatrick","startTime":140.04,"endTime":143.76,"body":"time, I've had various jobs at"},{"speaker":"Sean Fitzpatrick","startTime":143.76,"endTime":147.24,"body":"LexisNexis. I came into"},{"speaker":"Sean Fitzpatrick","startTime":143.76,"endTime":147.24,"body":"LexisNexis working in the"},{"speaker":"Sean Fitzpatrick","startTime":147.24,"endTime":151.41,"body":"strategy organisation, and then"},{"speaker":"Sean Fitzpatrick","startTime":147.24,"endTime":151.41,"body":"transitioned into a number of"},{"speaker":"Sean Fitzpatrick","startTime":151.41,"endTime":155.34,"body":"different P\u0026L roles. About 10"},{"speaker":"Sean Fitzpatrick","startTime":151.41,"endTime":155.34,"body":"years ago, I took on"},{"speaker":"Sean Fitzpatrick","startTime":155.34,"endTime":158.58,"body":"responsibility for our North"},{"speaker":"Sean Fitzpatrick","startTime":155.34,"endTime":158.58,"body":"American business, and about"},{"speaker":"Sean Fitzpatrick","startTime":158.58,"endTime":161.67,"body":"three years ago, I took on"},{"speaker":"Sean Fitzpatrick","startTime":158.58,"endTime":161.67,"body":"responsibility for our UK"},{"speaker":"Sean Fitzpatrick","startTime":161.67,"endTime":165.21,"body":"business. So, that's kind of my"},{"speaker":"Sean Fitzpatrick","startTime":161.67,"endTime":165.21,"body":"remit today. Prior to"},{"speaker":"Sean Fitzpatrick","startTime":165.21,"endTime":169.44,"body":"LexisNexis, I was a consultant"},{"speaker":"Sean Fitzpatrick","startTime":165.21,"endTime":169.44,"body":"at McKinsey and Company, and I"},{"speaker":"Sean Fitzpatrick","startTime":169.44,"endTime":172.62,"body":"have an MBA from the University"},{"speaker":"Sean Fitzpatrick","startTime":169.44,"endTime":172.62,"body":"of Michigan and an undergrad"},{"speaker":"Sean Fitzpatrick","startTime":172.65,"endTime":174.9,"body":"degree in accounting from the"},{"speaker":"Sean Fitzpatrick","startTime":172.65,"endTime":174.9,"body":"University of Notre Dame."},{"speaker":"YS Chi","startTime":175.89,"endTime":178.02,"body":"Alright. A Midwesterner?"},{"speaker":"Sean Fitzpatrick","startTime":178.35,"endTime":178.92,"body":"Yes"},{"speaker":"YS Chi","startTime":180.3,"endTime":184.71,"body":"So, you went from being"},{"speaker":"YS Chi","startTime":180.3,"endTime":184.71,"body":"in accounting to strategy and"},{"speaker":"YS Chi","startTime":184.71,"endTime":189.06,"body":"now to actually running a"},{"speaker":"YS Chi","startTime":184.71,"endTime":189.06,"body":"relatively sophisticated and"},{"speaker":"YS Chi","startTime":189.06,"endTime":193.71,"body":"huge business. Why in this"},{"speaker":"YS Chi","startTime":189.06,"endTime":193.71,"body":"field? I mean, from strategy,"},{"speaker":"YS Chi","startTime":193.71,"endTime":195.9,"body":"you must have seen every kind of"},{"speaker":"YS Chi","startTime":193.71,"endTime":195.9,"body":"industry."},{"speaker":"Sean Fitzpatrick","startTime":197.37,"endTime":199.898,"body":"Yeah, it was"},{"speaker":"Sean Fitzpatrick","startTime":197.37,"endTime":199.898,"body":"an interesting transition,"},{"speaker":"Sean Fitzpatrick","startTime":199.963,"endTime":203.854,"body":"actually. I'd been at McKinsey"},{"speaker":"Sean Fitzpatrick","startTime":199.963,"endTime":203.854,"body":"for a few years, and I had to"},{"speaker":"Sean Fitzpatrick","startTime":203.918,"endTime":207.939,"body":"kind of make a decision that I"},{"speaker":"Sean Fitzpatrick","startTime":203.918,"endTime":207.939,"body":"want to try to become a partner"},{"speaker":"Sean Fitzpatrick","startTime":208.003,"endTime":211.699,"body":"at McKinsey, or did I want to"},{"speaker":"Sean Fitzpatrick","startTime":208.003,"endTime":211.699,"body":"transition into a different"},{"speaker":"Sean Fitzpatrick","startTime":211.764,"endTime":215.655,"body":"track? And I really wanted to go"},{"speaker":"Sean Fitzpatrick","startTime":211.764,"endTime":215.655,"body":"a different track, and so I"},{"speaker":"Sean Fitzpatrick","startTime":215.719,"endTime":219.869,"body":"wanted to do the P \u0026 L route. I"},{"speaker":"Sean Fitzpatrick","startTime":215.719,"endTime":219.869,"body":"got a call from a recruiter, and"},{"speaker":"Sean Fitzpatrick","startTime":219.934,"endTime":224.084,"body":"I had not really done anything."},{"speaker":"Sean Fitzpatrick","startTime":219.934,"endTime":224.084,"body":"I hadn't put together my resume,"},{"speaker":"Sean Fitzpatrick","startTime":224.149,"endTime":227.65,"body":"I hadn't practiced any of my"},{"speaker":"Sean Fitzpatrick","startTime":224.149,"endTime":227.65,"body":"interviewing skills. This"},{"speaker":"Sean Fitzpatrick","startTime":227.715,"endTime":231.605,"body":"recruiter told me about this"},{"speaker":"Sean Fitzpatrick","startTime":227.715,"endTime":231.605,"body":"opportunity to come to work for"},{"speaker":"Sean Fitzpatrick","startTime":231.67,"endTime":235.301,"body":"LexisNexis in the strategy"},{"speaker":"Sean Fitzpatrick","startTime":231.67,"endTime":235.301,"body":"group. I kind of did a little"},{"speaker":"Sean Fitzpatrick","startTime":235.366,"endTime":239.127,"body":"research on it, and I thought,"},{"speaker":"Sean Fitzpatrick","startTime":235.366,"endTime":239.127,"body":"well, there's no way in the"},{"speaker":"Sean Fitzpatrick","startTime":239.192,"endTime":243.342,"body":"world that I'm moving to Dayton,"},{"speaker":"Sean Fitzpatrick","startTime":239.192,"endTime":243.342,"body":"Ohio. But I do want to get this"},{"speaker":"Sean Fitzpatrick","startTime":243.407,"endTime":247.556,"body":"process moving and I need to get"},{"speaker":"Sean Fitzpatrick","startTime":243.407,"endTime":247.556,"body":"my resume updated and I need to"},{"speaker":"Sean Fitzpatrick","startTime":247.621,"endTime":251.447,"body":"practice some skills, so this"},{"speaker":"Sean Fitzpatrick","startTime":247.621,"endTime":251.447,"body":"will be a good practice round"},{"speaker":"Sean Fitzpatrick","startTime":251.512,"endTime":255.597,"body":"for me. Then I ended up going to"},{"speaker":"Sean Fitzpatrick","startTime":251.512,"endTime":255.597,"body":"Dayton and interviewing, and I"},{"speaker":"Sean Fitzpatrick","startTime":255.661,"endTime":259.552,"body":"guess things just got out of"},{"speaker":"Sean Fitzpatrick","startTime":255.661,"endTime":259.552,"body":"control. The next thing I knew,"},{"speaker":"Sean Fitzpatrick","startTime":259.617,"endTime":263.702,"body":"I was signing the paperwork to"},{"speaker":"Sean Fitzpatrick","startTime":259.617,"endTime":263.702,"body":"come to work for LexisNexis. But"},{"speaker":"Sean Fitzpatrick","startTime":263.767,"endTime":267.462,"body":"what really happened in that"},{"speaker":"Sean Fitzpatrick","startTime":263.767,"endTime":267.462,"body":"process that changed my mind"},{"speaker":"Sean Fitzpatrick","startTime":267.527,"endTime":271.547,"body":"about working at LexisNexis was"},{"speaker":"Sean Fitzpatrick","startTime":267.527,"endTime":271.547,"body":"I met a couple of individuals."},{"speaker":"Sean Fitzpatrick","startTime":271.612,"endTime":275.632,"body":"One of them was Rich Van Vleck."},{"speaker":"Sean Fitzpatrick","startTime":271.612,"endTime":275.632,"body":"Rich ran strategy and business"},{"speaker":"Sean Fitzpatrick","startTime":275.697,"endTime":279.523,"body":"development at Lexis at the"},{"speaker":"Sean Fitzpatrick","startTime":275.697,"endTime":279.523,"body":"time, and he talked to me about"},{"speaker":"Sean Fitzpatrick","startTime":279.588,"endTime":283.413,"body":"the strategy of the company and"},{"speaker":"Sean Fitzpatrick","startTime":279.588,"endTime":283.413,"body":"how LexisNexis had all this"},{"speaker":"Sean Fitzpatrick","startTime":283.478,"endTime":287.369,"body":"content. And that we were at the"},{"speaker":"Sean Fitzpatrick","startTime":283.478,"endTime":287.369,"body":"intersection of content and"},{"speaker":"Sean Fitzpatrick","startTime":287.433,"endTime":291.129,"body":"technology. The timing, you"},{"speaker":"Sean Fitzpatrick","startTime":287.433,"endTime":291.129,"body":"know, was right to be at that"},{"speaker":"Sean Fitzpatrick","startTime":291.194,"endTime":295.085,"body":"intersection. That was pretty"},{"speaker":"Sean Fitzpatrick","startTime":291.194,"endTime":295.085,"body":"compelling to me. Then Darrell"},{"speaker":"Sean Fitzpatrick","startTime":295.15,"endTime":299.17,"body":"Huntsman was another individual"},{"speaker":"Sean Fitzpatrick","startTime":295.15,"endTime":299.17,"body":"that I met, and Darrell shared"},{"speaker":"Sean Fitzpatrick","startTime":299.235,"endTime":303.06,"body":"with me his vision about how we"},{"speaker":"Sean Fitzpatrick","startTime":299.235,"endTime":303.06,"body":"could take this content and"},{"speaker":"Sean Fitzpatrick","startTime":303.125,"endTime":306.756,"body":"embed it into technology"},{"speaker":"Sean Fitzpatrick","startTime":303.125,"endTime":306.756,"body":"solutions, and then embed those"},{"speaker":"Sean Fitzpatrick","startTime":306.821,"endTime":310.647,"body":"technology solutions into the"},{"speaker":"Sean Fitzpatrick","startTime":306.821,"endTime":310.647,"body":"workflows of our customers. I"},{"speaker":"Sean Fitzpatrick","startTime":310.711,"endTime":313.5,"body":"thought that was really"},{"speaker":"Sean Fitzpatrick","startTime":310.711,"endTime":313.5,"body":"compelling as well."},{"speaker":"YS Chi","startTime":314.04,"endTime":317.79,"body":"Well, I think the timing"},{"speaker":"YS Chi","startTime":314.04,"endTime":317.79,"body":"of the content meeting these"},{"speaker":"YS Chi","startTime":317.79,"endTime":321.93,"body":"tech tools to be something"},{"speaker":"YS Chi","startTime":317.79,"endTime":321.93,"body":"valuable, right? Something that"},{"speaker":"YS Chi","startTime":321.93,"endTime":327.33,"body":"actually gives output, outcome,"},{"speaker":"YS Chi","startTime":321.93,"endTime":327.33,"body":"impact. That was great timing"},{"speaker":"YS Chi","startTime":327.39,"endTime":327.96,"body":"for you."},{"speaker":"Sean Fitzpatrick","startTime":328.68,"endTime":329.34,"body":"Definitely."},{"speaker":"YS Chi","startTime":329.76,"endTime":333.66,"body":"Yeah. So, let's talk"},{"speaker":"YS Chi","startTime":329.76,"endTime":333.66,"body":"about great timing on AI. It's"},{"speaker":"YS Chi","startTime":333.66,"endTime":336.87,"body":"generally accepted by legal"},{"speaker":"YS Chi","startTime":333.66,"endTime":336.87,"body":"professionals that Gen AI will"},{"speaker":"YS Chi","startTime":336.87,"endTime":340.8,"body":"have a notable impact on legal"},{"speaker":"YS Chi","startTime":336.87,"endTime":340.8,"body":"work, if not already there, and"},{"speaker":"YS Chi","startTime":340.8,"endTime":345.57,"body":"visible. And that it has"},{"speaker":"YS Chi","startTime":340.8,"endTime":345.57,"body":"significant potential, but also"},{"speaker":"YS Chi","startTime":345.57,"endTime":350.79,"body":"some adverse effects too. So you"},{"speaker":"YS Chi","startTime":345.57,"endTime":350.79,"body":"know, LexisNexis was extremely"},{"speaker":"YS Chi","startTime":350.79,"endTime":354.93,"body":"fast out the gate before anybody"},{"speaker":"YS Chi","startTime":350.79,"endTime":354.93,"body":"else, to adopt and roll out"},{"speaker":"YS Chi","startTime":354.93,"endTime":360.09,"body":"these Gen AI solutions and into"},{"speaker":"YS Chi","startTime":354.93,"endTime":360.09,"body":"full scale of LexisNexis"},{"speaker":"YS Chi","startTime":360.39,"endTime":364.83,"body":"advanced, right? So you've got"},{"speaker":"YS Chi","startTime":360.39,"endTime":364.83,"body":"now already, thousands and"},{"speaker":"YS Chi","startTime":364.83,"endTime":369.66,"body":"thousands of customers using Gen"},{"speaker":"YS Chi","startTime":364.83,"endTime":369.66,"body":"AI. Anything from a one man"},{"speaker":"YS Chi","startTime":369.66,"endTime":374.04,"body":"practice all the way to"},{"speaker":"YS Chi","startTime":369.66,"endTime":374.04,"body":"thousands of lawyers firms and"},{"speaker":"YS Chi","startTime":374.04,"endTime":379.83,"body":"across many, many borders. Tell"},{"speaker":"YS Chi","startTime":374.04,"endTime":379.83,"body":"us what you're hearing from"},{"speaker":"YS Chi","startTime":379.83,"endTime":382.14,"body":"those customers that are"},{"speaker":"YS Chi","startTime":379.83,"endTime":382.14,"body":"actually using them."},{"speaker":"Sean Fitzpatrick","startTime":383.04,"endTime":384.99,"body":"Yeah, so we're"},{"speaker":"Sean Fitzpatrick","startTime":383.04,"endTime":384.99,"body":"seeing a number of different"},{"speaker":"Sean Fitzpatrick","startTime":384.99,"endTime":388.23,"body":"things when it comes to the"},{"speaker":"Sean Fitzpatrick","startTime":384.99,"endTime":388.23,"body":"adoption of AI. I think the"},{"speaker":"Sean Fitzpatrick","startTime":388.23,"endTime":392.94,"body":"first one is really speed. You"},{"speaker":"Sean Fitzpatrick","startTime":388.23,"endTime":392.94,"body":"know, the legal profession"},{"speaker":"Sean Fitzpatrick","startTime":392.94,"endTime":396.99,"body":"hasn't typically been really"},{"speaker":"Sean Fitzpatrick","startTime":392.94,"endTime":396.99,"body":"quick to adopt new technologies,"},{"speaker":"Sean Fitzpatrick","startTime":396.99,"endTime":400.86,"body":"but generative AI has been an"},{"speaker":"Sean Fitzpatrick","startTime":396.99,"endTime":400.86,"body":"exception to that. I like a"},{"speaker":"Sean Fitzpatrick","startTime":400.86,"endTime":404.16,"body":"quote that I read from Emily"},{"speaker":"Sean Fitzpatrick","startTime":400.86,"endTime":404.16,"body":"Floria, who's the director of"},{"speaker":"Sean Fitzpatrick","startTime":404.16,"endTime":407.55,"body":"knowledge and research at DLA,"},{"speaker":"Sean Fitzpatrick","startTime":404.16,"endTime":407.55,"body":"which is one of the largest law"},{"speaker":"Sean Fitzpatrick","startTime":407.55,"endTime":410.82,"body":"firms in the world and one of"},{"speaker":"Sean Fitzpatrick","startTime":407.55,"endTime":410.82,"body":"the most tech forward law firms"},{"speaker":"Sean Fitzpatrick","startTime":410.82,"endTime":414.21,"body":"in the world. What she said"},{"speaker":"Sean Fitzpatrick","startTime":410.82,"endTime":414.21,"body":"about AI is, we went from zero"},{"speaker":"Sean Fitzpatrick","startTime":414.21,"endTime":417.96,"body":"to 60 in one second. It went"},{"speaker":"Sean Fitzpatrick","startTime":414.21,"endTime":417.96,"body":"from being on our radar to"},{"speaker":"Sean Fitzpatrick","startTime":417.96,"endTime":421.62,"body":"something that we spent all of"},{"speaker":"Sean Fitzpatrick","startTime":417.96,"endTime":421.62,"body":"our time on. And so that's just,"},{"speaker":"Sean Fitzpatrick","startTime":422.22,"endTime":425.52,"body":"one of the things that we're"},{"speaker":"Sean Fitzpatrick","startTime":422.22,"endTime":425.52,"body":"seeing with AI, is just how"},{"speaker":"Sean Fitzpatrick","startTime":425.52,"endTime":430.11,"body":"quickly it's being adopted. A"},{"speaker":"Sean Fitzpatrick","startTime":425.52,"endTime":430.11,"body":"second thing is the kind of"},{"speaker":"Sean Fitzpatrick","startTime":430.11,"endTime":433.59,"body":"these, I'll describe them as"},{"speaker":"Sean Fitzpatrick","startTime":430.11,"endTime":433.59,"body":"‘aha’ moments that attorneys are"},{"speaker":"Sean Fitzpatrick","startTime":433.59,"endTime":437.64,"body":"having. So, I was reading a"},{"speaker":"Sean Fitzpatrick","startTime":433.59,"endTime":437.64,"body":"story about a partner at a law"},{"speaker":"Sean Fitzpatrick","startTime":437.64,"endTime":442.59,"body":"firm in South Carolina. He was"},{"speaker":"Sean Fitzpatrick","startTime":437.64,"endTime":442.59,"body":"at a bar sponsored event on AI,"},{"speaker":"Sean Fitzpatrick","startTime":442.74,"endTime":445.8,"body":"and he watched the facts of a"},{"speaker":"Sean Fitzpatrick","startTime":442.74,"endTime":445.8,"body":"car accident case being loaded"},{"speaker":"Sean Fitzpatrick","startTime":445.8,"endTime":449.88,"body":"into the system. And then the"},{"speaker":"Sean Fitzpatrick","startTime":445.8,"endTime":449.88,"body":"system delivered this argument."},{"speaker":"Sean Fitzpatrick","startTime":450.18,"endTime":452.55,"body":"And he said, you know, I read"},{"speaker":"Sean Fitzpatrick","startTime":450.18,"endTime":452.55,"body":"the argument. It was an"},{"speaker":"Sean Fitzpatrick","startTime":452.55,"endTime":456.69,"body":"excellent argument. It required"},{"speaker":"Sean Fitzpatrick","startTime":452.55,"endTime":456.69,"body":"a few modifications, but with a"},{"speaker":"Sean Fitzpatrick","startTime":456.69,"endTime":459.15,"body":"few modifications, I'd be"},{"speaker":"Sean Fitzpatrick","startTime":456.69,"endTime":459.15,"body":"comfortable taking this thing to"},{"speaker":"Sean Fitzpatrick","startTime":459.15,"endTime":463.2,"body":"court. Then it produced a set of"},{"speaker":"Sean Fitzpatrick","startTime":459.15,"endTime":463.2,"body":"counter arguments, things that I"},{"speaker":"Sean Fitzpatrick","startTime":463.2,"endTime":466.86,"body":"might face from opposing"},{"speaker":"Sean Fitzpatrick","startTime":463.2,"endTime":466.86,"body":"counsel. And he said that was"},{"speaker":"Sean Fitzpatrick","startTime":466.86,"endTime":470.19,"body":"kind of my ‘aha’ moment. I'm"},{"speaker":"Sean Fitzpatrick","startTime":466.86,"endTime":470.19,"body":"like, okay, I get it. I"},{"speaker":"Sean Fitzpatrick","startTime":470.19,"endTime":473.67,"body":"understand how this can be"},{"speaker":"Sean Fitzpatrick","startTime":470.19,"endTime":473.67,"body":"useful in the practice of law."},{"speaker":"Sean Fitzpatrick","startTime":474.66,"endTime":479.1,"body":"There's another lawyer from"},{"speaker":"Sean Fitzpatrick","startTime":474.66,"endTime":479.1,"body":"Austin, Texas. He described AI"},{"speaker":"Sean Fitzpatrick","startTime":479.13,"endTime":483.69,"body":"as the law clerk that you've"},{"speaker":"Sean Fitzpatrick","startTime":479.13,"endTime":483.69,"body":"always dreamed of. I think"},{"speaker":"Sean Fitzpatrick","startTime":483.69,"endTime":487.71,"body":"that's really what it is. We're"},{"speaker":"Sean Fitzpatrick","startTime":483.69,"endTime":487.71,"body":"not looking to replace lawyers."},{"speaker":"Sean Fitzpatrick","startTime":488.13,"endTime":491.76,"body":"We're looking to give them tools"},{"speaker":"Sean Fitzpatrick","startTime":488.13,"endTime":491.76,"body":"to help them drive better"},{"speaker":"Sean Fitzpatrick","startTime":491.76,"endTime":494.19,"body":"outcomes for their clients and"},{"speaker":"Sean Fitzpatrick","startTime":491.76,"endTime":494.19,"body":"make them more efficient in the"},{"speaker":"Sean Fitzpatrick","startTime":494.19,"endTime":494.4,"body":"process."},{"speaker":"YS Chi","startTime":494.43,"endTime":498.12,"body":"Well, that's a really"},{"speaker":"YS Chi","startTime":494.43,"endTime":498.12,"body":"important point Sean, right? So"},{"speaker":"YS Chi","startTime":498.12,"endTime":502.89,"body":"many people believe that Gen AI"},{"speaker":"YS Chi","startTime":498.12,"endTime":502.89,"body":"will actually replace lawyers"},{"speaker":"YS Chi","startTime":503.76,"endTime":505.32,"body":"rather than aiding them."},{"speaker":"Sean Fitzpatrick","startTime":506.07,"endTime":509.64,"body":"Yeah, I just"},{"speaker":"Sean Fitzpatrick","startTime":506.07,"endTime":509.64,"body":"don't believe that they're going"},{"speaker":"Sean Fitzpatrick","startTime":509.64,"endTime":513.81,"body":"to replace lawyers. I think that"},{"speaker":"Sean Fitzpatrick","startTime":509.64,"endTime":513.81,"body":"they're going to make them more"},{"speaker":"Sean Fitzpatrick","startTime":513.81,"endTime":516.78,"body":"efficient, and I think they're"},{"speaker":"Sean Fitzpatrick","startTime":513.81,"endTime":516.78,"body":"going to drive better outcomes."},{"speaker":"Sean Fitzpatrick","startTime":517.62,"endTime":521.1,"body":"The legal industry has been"},{"speaker":"Sean Fitzpatrick","startTime":517.62,"endTime":521.1,"body":"adopting technology for decades."},{"speaker":"Sean Fitzpatrick","startTime":521.37,"endTime":526.26,"body":"I remember, as a person very"},{"speaker":"Sean Fitzpatrick","startTime":521.37,"endTime":526.26,"body":"young in my career, going into a"},{"speaker":"Sean Fitzpatrick","startTime":526.26,"endTime":529.8,"body":"deal room. It was an M\u0026A"},{"speaker":"Sean Fitzpatrick","startTime":526.26,"endTime":529.8,"body":"transaction and there were 30"},{"speaker":"Sean Fitzpatrick","startTime":529.83,"endTime":533.01,"body":"attorneys in there, and every"},{"speaker":"Sean Fitzpatrick","startTime":529.83,"endTime":533.01,"body":"attorney had a banker's box"},{"speaker":"Sean Fitzpatrick","startTime":533.04,"endTime":537.27,"body":"sitting on their desk full of"},{"speaker":"Sean Fitzpatrick","startTime":533.04,"endTime":537.27,"body":"contracts. They were reviewing"},{"speaker":"Sean Fitzpatrick","startTime":537.27,"endTime":540.24,"body":"every contract, word for word,"},{"speaker":"Sean Fitzpatrick","startTime":537.27,"endTime":540.24,"body":"and highlighting certain things"},{"speaker":"Sean Fitzpatrick","startTime":540.24,"endTime":543.3,"body":"and putting sticky notes on"},{"speaker":"Sean Fitzpatrick","startTime":540.24,"endTime":543.3,"body":"them. None of that happens"},{"speaker":"Sean Fitzpatrick","startTime":543.3,"endTime":547.62,"body":"today. All of that is automated."},{"speaker":"Sean Fitzpatrick","startTime":543.3,"endTime":547.62,"body":"It's all done by computers"},{"speaker":"Sean Fitzpatrick","startTime":547.89,"endTime":551.67,"body":"today, but we have more"},{"speaker":"Sean Fitzpatrick","startTime":547.89,"endTime":551.67,"body":"attorneys today than we had"},{"speaker":"Sean Fitzpatrick","startTime":551.67,"endTime":555.36,"body":"then. So it didn't replace the"},{"speaker":"Sean Fitzpatrick","startTime":551.67,"endTime":555.36,"body":"attorneys. The attorneys were"},{"speaker":"Sean Fitzpatrick","startTime":555.36,"endTime":559.8,"body":"able to actually become more"},{"speaker":"Sean Fitzpatrick","startTime":555.36,"endTime":559.8,"body":"efficient, get better outcomes"},{"speaker":"Sean Fitzpatrick","startTime":559.89,"endTime":566.25,"body":"and drive their activities"},{"speaker":"Sean Fitzpatrick","startTime":559.89,"endTime":566.25,"body":"towards more high value type of"},{"speaker":"Sean Fitzpatrick","startTime":566.25,"endTime":570.21,"body":"tasks. Instead of working on"},{"speaker":"Sean Fitzpatrick","startTime":566.25,"endTime":570.21,"body":"just reviewing documents, now"},{"speaker":"Sean Fitzpatrick","startTime":570.21,"endTime":573.54,"body":"they're working on information"},{"speaker":"Sean Fitzpatrick","startTime":570.21,"endTime":573.54,"body":"security. They're working on"},{"speaker":"Sean Fitzpatrick","startTime":573.6,"endTime":576.69,"body":"complex anti-trust issues."},{"speaker":"Sean Fitzpatrick","startTime":573.6,"endTime":576.69,"body":"They're looking for tax"},{"speaker":"Sean Fitzpatrick","startTime":576.69,"endTime":579.24,"body":"arbitrage, they're looking at"},{"speaker":"Sean Fitzpatrick","startTime":576.69,"endTime":579.24,"body":"creative financing"},{"speaker":"Sean Fitzpatrick","startTime":579.24,"endTime":582.09,"body":"opportunities. Really been able"},{"speaker":"Sean Fitzpatrick","startTime":579.24,"endTime":582.09,"body":"to transform the type of work"},{"speaker":"Sean Fitzpatrick","startTime":582.09,"endTime":585.42,"body":"that they do, and I think that's"},{"speaker":"Sean Fitzpatrick","startTime":582.09,"endTime":585.42,"body":"what we'll see with generative"},{"speaker":"Sean Fitzpatrick","startTime":585.42,"endTime":588.45,"body":"AI. We're just going to see it"},{"speaker":"Sean Fitzpatrick","startTime":585.42,"endTime":588.45,"body":"at a totally different scale."},{"speaker":"YS Chi","startTime":589.14,"endTime":593.67,"body":"So, just taking that a"},{"speaker":"YS Chi","startTime":589.14,"endTime":593.67,"body":"little step further. Technology"},{"speaker":"YS Chi","startTime":593.67,"endTime":599.4,"body":"has always replaced some of the"},{"speaker":"YS Chi","startTime":593.67,"endTime":599.4,"body":"human tasks and then regenerated"},{"speaker":"YS Chi","startTime":599.58,"endTime":605.46,"body":"new type of tasks for those,"},{"speaker":"YS Chi","startTime":599.58,"endTime":605.46,"body":"either replaced or new, skilled"},{"speaker":"YS Chi","startTime":605.46,"endTime":609.03,"body":"people. Is this going to be any"},{"speaker":"YS Chi","startTime":605.46,"endTime":609.03,"body":"different?"},{"speaker":"Sean Fitzpatrick","startTime":609.99,"endTime":613.23,"body":"I think that"},{"speaker":"Sean Fitzpatrick","startTime":609.99,"endTime":613.23,"body":"it will be different. I think it"},{"speaker":"Sean Fitzpatrick","startTime":613.23,"endTime":616.92,"body":"will be different in terms of"},{"speaker":"Sean Fitzpatrick","startTime":613.23,"endTime":616.92,"body":"the scale that it happens at."},{"speaker":"Sean Fitzpatrick","startTime":616.92,"endTime":621.18,"body":"But I think that the same thing"},{"speaker":"Sean Fitzpatrick","startTime":616.92,"endTime":621.18,"body":"will happen here. I mean, we're"},{"speaker":"Sean Fitzpatrick","startTime":621.18,"endTime":624.48,"body":"already seeing it. Lawyers are"},{"speaker":"Sean Fitzpatrick","startTime":621.18,"endTime":624.48,"body":"spending a lot of their time"},{"speaker":"Sean Fitzpatrick","startTime":624.54,"endTime":628.47,"body":"providing guidance to their"},{"speaker":"Sean Fitzpatrick","startTime":624.54,"endTime":628.47,"body":"clients on how to adopt"},{"speaker":"Sean Fitzpatrick","startTime":628.47,"endTime":632.25,"body":"generative AI. There are all"},{"speaker":"Sean Fitzpatrick","startTime":628.47,"endTime":632.25,"body":"kinds of issues around"},{"speaker":"Sean Fitzpatrick","startTime":632.28,"endTime":635.85,"body":"intellectual property that have"},{"speaker":"Sean Fitzpatrick","startTime":632.28,"endTime":635.85,"body":"been created by AI. Those things"},{"speaker":"Sean Fitzpatrick","startTime":635.85,"endTime":639.24,"body":"are driving additional work for"},{"speaker":"Sean Fitzpatrick","startTime":635.85,"endTime":639.24,"body":"lawyers. So, there are already"},{"speaker":"Sean Fitzpatrick","startTime":639.24,"endTime":644.91,"body":"shifting into new higher value"},{"speaker":"Sean Fitzpatrick","startTime":639.24,"endTime":644.91,"body":"practice areas and activities."},{"speaker":"YS Chi","startTime":645.63,"endTime":649.14,"body":"So, one of the things"},{"speaker":"YS Chi","startTime":645.63,"endTime":649.14,"body":"that lay people like me would"},{"speaker":"YS Chi","startTime":649.14,"endTime":653.88,"body":"question is, the business model"},{"speaker":"YS Chi","startTime":649.14,"endTime":653.88,"body":"of law firms. It's based on"},{"speaker":"YS Chi","startTime":653.91,"endTime":658.35,"body":"billable hours, how much work"},{"speaker":"YS Chi","startTime":653.91,"endTime":658.35,"body":"they do. If a lot of their work"},{"speaker":"YS Chi","startTime":658.38,"endTime":662.7,"body":"is become more efficient because"},{"speaker":"YS Chi","startTime":658.38,"endTime":662.7,"body":"of these tools, does that change"},{"speaker":"YS Chi","startTime":662.7,"endTime":663.87,"body":"the billing model?"},{"speaker":"Sean Fitzpatrick","startTime":664.65,"endTime":667.5,"body":"You know what,"},{"speaker":"Sean Fitzpatrick","startTime":664.65,"endTime":667.5,"body":"it’s yet to be seen. I've been"},{"speaker":"Sean Fitzpatrick","startTime":667.5,"endTime":671.19,"body":"hearing about the death of the"},{"speaker":"Sean Fitzpatrick","startTime":667.5,"endTime":671.19,"body":"billable hour for 20 years, and"},{"speaker":"Sean Fitzpatrick","startTime":671.19,"endTime":678.15,"body":"yet it's still predominantly the"},{"speaker":"Sean Fitzpatrick","startTime":671.19,"endTime":678.15,"body":"method that attorneys use. So,"},{"speaker":"Sean Fitzpatrick","startTime":678.18,"endTime":683.28,"body":"we'll see. I think that it does."},{"speaker":"Sean Fitzpatrick","startTime":678.18,"endTime":683.28,"body":"The introduction of AI powered"},{"speaker":"Sean Fitzpatrick","startTime":683.28,"endTime":688.47,"body":"tools creates an opportunity,"},{"speaker":"Sean Fitzpatrick","startTime":683.28,"endTime":688.47,"body":"potentially, for more fixed fee"},{"speaker":"Sean Fitzpatrick","startTime":688.47,"endTime":692.01,"body":"type arrangements, as things"},{"speaker":"Sean Fitzpatrick","startTime":688.47,"endTime":692.01,"body":"become automated. You know,"},{"speaker":"Sean Fitzpatrick","startTime":692.01,"endTime":696.45,"body":"processes become automated and"},{"speaker":"Sean Fitzpatrick","startTime":692.01,"endTime":696.45,"body":"more predictable. But it's yet"},{"speaker":"Sean Fitzpatrick","startTime":696.45,"endTime":699.39,"body":"to be seen whether that will"},{"speaker":"Sean Fitzpatrick","startTime":696.45,"endTime":699.39,"body":"actually play out in the real"},{"speaker":"Sean Fitzpatrick","startTime":699.39,"endTime":699.69,"body":"world."},{"speaker":"YS Chi","startTime":700.38,"endTime":703.47,"body":"Right, and the best will"},{"speaker":"YS Chi","startTime":700.38,"endTime":703.47,"body":"always make great adaptive"},{"speaker":"YS Chi","startTime":703.68,"endTime":708.42,"body":"moves. So, law firms will be"},{"speaker":"YS Chi","startTime":703.68,"endTime":708.42,"body":"fine as long as they add value"},{"speaker":"YS Chi","startTime":708.45,"endTime":710.76,"body":"to customers, and they see it"},{"speaker":"YS Chi","startTime":708.45,"endTime":710.76,"body":"that way, right?"},{"speaker":"Sean Fitzpatrick","startTime":711.27,"endTime":713.55,"body":"That's right."},{"speaker":"Sean Fitzpatrick","startTime":711.27,"endTime":713.55,"body":"It comes down to how much value,"},{"speaker":"Sean Fitzpatrick","startTime":713.58,"endTime":716.13,"body":"are you creating. And we believe"},{"speaker":"Sean Fitzpatrick","startTime":713.58,"endTime":716.13,"body":"that they're going to be able to"},{"speaker":"Sean Fitzpatrick","startTime":716.13,"endTime":717.42,"body":"create additional value."},{"speaker":"YS Chi","startTime":717.6,"endTime":717.9,"body":"Yeah"},{"speaker":"Sean Fitzpatrick","startTime":717.93,"endTime":719.73,"body":"As they create"},{"speaker":"Sean Fitzpatrick","startTime":717.93,"endTime":719.73,"body":"additional value, they should be"},{"speaker":"Sean Fitzpatrick","startTime":719.73,"endTime":722.76,"body":"able to charge more. And part of"},{"speaker":"Sean Fitzpatrick","startTime":719.73,"endTime":722.76,"body":"it is, you're seeing it in"},{"speaker":"Sean Fitzpatrick","startTime":723.18,"endTime":728.85,"body":"rates. So, the rates that firms"},{"speaker":"Sean Fitzpatrick","startTime":723.18,"endTime":728.85,"body":"are charging are going up. The"},{"speaker":"Sean Fitzpatrick","startTime":728.85,"endTime":732.27,"body":"cost per billable hour is"},{"speaker":"Sean Fitzpatrick","startTime":728.85,"endTime":732.27,"body":"increasing. Well, that only"},{"speaker":"Sean Fitzpatrick","startTime":732.27,"endTime":735.84,"body":"increases when you can create"},{"speaker":"Sean Fitzpatrick","startTime":732.27,"endTime":735.84,"body":"additional value. So attorneys"},{"speaker":"Sean Fitzpatrick","startTime":735.87,"endTime":737.73,"body":"are creating additional value"},{"speaker":"Sean Fitzpatrick","startTime":735.87,"endTime":737.73,"body":"per hour."},{"speaker":"YS Chi","startTime":739.98,"endTime":740.91,"body":"Differentiation, right?"},{"speaker":"Sean Fitzpatrick","startTime":741.39,"endTime":741.93,"body":"Yes"},{"speaker":"YS Chi","startTime":742.26,"endTime":746.46,"body":"Yeah. Another angle of"},{"speaker":"YS Chi","startTime":742.26,"endTime":746.46,"body":"efficiency comes from the"},{"speaker":"YS Chi","startTime":746.49,"endTime":751.05,"body":"clients, and not LexisNexis"},{"speaker":"YS Chi","startTime":746.49,"endTime":751.05,"body":"clients, but the law firm’s"},{"speaker":"YS Chi","startTime":751.05,"endTime":756.69,"body":"clients. If these things become"},{"speaker":"YS Chi","startTime":751.05,"endTime":756.69,"body":"so smart and usable, does it"},{"speaker":"YS Chi","startTime":756.69,"endTime":761.79,"body":"help regular people like me, who"},{"speaker":"YS Chi","startTime":756.69,"endTime":761.79,"body":"needs to use lawyers to be"},{"speaker":"YS Chi","startTime":761.82,"endTime":766.05,"body":"better prepared, and need to use"},{"speaker":"YS Chi","startTime":761.82,"endTime":766.05,"body":"lawyers less, because I can do"},{"speaker":"YS Chi","startTime":766.32,"endTime":770.34,"body":"more things on my own, or more"},{"speaker":"YS Chi","startTime":766.32,"endTime":770.34,"body":"things are done automatically,"},{"speaker":"YS Chi","startTime":770.34,"endTime":773.91,"body":"so it should be much cheaper for"},{"speaker":"YS Chi","startTime":770.34,"endTime":773.91,"body":"me to engage a lawyer?"},{"speaker":"Unknown","startTime":774.42,"endTime":777.51,"body":"Yeah, but I don't think"},{"speaker":"Unknown","startTime":774.42,"endTime":777.51,"body":"it's a good idea to practice law"},{"speaker":"Unknown","startTime":777.51,"endTime":781.11,"body":"on your own, or dentistry or"},{"speaker":"Unknown","startTime":777.51,"endTime":781.11,"body":"brain surgery or anything like"},{"speaker":"Unknown","startTime":781.11,"endTime":787.47,"body":"that. Medicine, you know. I"},{"speaker":"Unknown","startTime":781.11,"endTime":787.47,"body":"think that these tools can"},{"speaker":"Unknown","startTime":787.47,"endTime":793.02,"body":"benefit normal citizens. I don't"},{"speaker":"Unknown","startTime":787.47,"endTime":793.02,"body":"think it's going to allow them"},{"speaker":"Unknown","startTime":793.02,"endTime":796.41,"body":"to practice law, but I think it"},{"speaker":"Unknown","startTime":793.02,"endTime":796.41,"body":"will allow them to be more"},{"speaker":"Unknown","startTime":796.41,"endTime":799.65,"body":"prepared when they go in and"},{"speaker":"Unknown","startTime":796.41,"endTime":799.65,"body":"talk to their attorney. I think"},{"speaker":"Unknown","startTime":799.65,"endTime":802.56,"body":"it's going to allow them to be"},{"speaker":"Unknown","startTime":799.65,"endTime":802.56,"body":"more informed. I think it's"},{"speaker":"Unknown","startTime":802.56,"endTime":805.41,"body":"going to allow them to take the"},{"speaker":"Unknown","startTime":802.56,"endTime":805.41,"body":"information that they get from"},{"speaker":"Unknown","startTime":805.41,"endTime":809.49,"body":"their attorney and to better"},{"speaker":"Unknown","startTime":805.41,"endTime":809.49,"body":"understand what that information"},{"speaker":"Unknown","startTime":809.49,"endTime":814.77,"body":"is, and what it means. But I"},{"speaker":"Unknown","startTime":809.49,"endTime":814.77,"body":"don't see it. I don't see this"},{"speaker":"Unknown","startTime":815.1,"endTime":818.55,"body":"empowering normal citizens to"},{"speaker":"Unknown","startTime":815.1,"endTime":818.55,"body":"practice law."},{"speaker":"YS Chi","startTime":819.3,"endTime":821.73,"body":"But some simple things"},{"speaker":"YS Chi","startTime":819.3,"endTime":821.73,"body":"are just going to be doable. I"},{"speaker":"YS Chi","startTime":821.73,"endTime":825.3,"body":"mean, this is the case already"},{"speaker":"YS Chi","startTime":821.73,"endTime":825.3,"body":"20 years ago, right? When some"},{"speaker":"YS Chi","startTime":825.3,"endTime":829.65,"body":"of the simple things that might"},{"speaker":"YS Chi","startTime":825.3,"endTime":829.65,"body":"have needed a lawyer. Consumer"},{"speaker":"YS Chi","startTime":829.65,"endTime":834.63,"body":"can do on her own because things"},{"speaker":"YS Chi","startTime":829.65,"endTime":834.63,"body":"are just available on the"},{"speaker":"YS Chi","startTime":834.63,"endTime":837.06,"body":"internet and they're relatively"},{"speaker":"YS Chi","startTime":834.63,"endTime":837.06,"body":"simple."},{"speaker":"Unknown","startTime":837.54,"endTime":840.45,"body":"Yeah. I mean, that's"},{"speaker":"Unknown","startTime":837.54,"endTime":840.45,"body":"true. If you want to draft a"},{"speaker":"Unknown","startTime":840.45,"endTime":842.55,"body":"will. There are lots of"},{"speaker":"Unknown","startTime":840.45,"endTime":842.55,"body":"different kits out there that"},{"speaker":"Unknown","startTime":842.55,"endTime":846.48,"body":"you can draft a will with. I"},{"speaker":"Unknown","startTime":842.55,"endTime":846.48,"body":"mean, I certainly would want to"},{"speaker":"Unknown","startTime":846.48,"endTime":848.13,"body":"have an attorney take a look at"},{"speaker":"Unknown","startTime":846.48,"endTime":848.13,"body":"my will."},{"speaker":"YS Chi","startTime":848.82,"endTime":852.42,"body":"Yeah, and that's the"},{"speaker":"YS Chi","startTime":848.82,"endTime":852.42,"body":"point, right? And I think that"},{"speaker":"YS Chi","startTime":852.42,"endTime":856.14,"body":"in the past, you might have used"},{"speaker":"YS Chi","startTime":852.42,"endTime":856.14,"body":"the analogy of how, at the end"},{"speaker":"YS Chi","startTime":856.14,"endTime":859.5,"body":"of all these technological"},{"speaker":"YS Chi","startTime":856.14,"endTime":859.5,"body":"interventions, there's still a"},{"speaker":"YS Chi","startTime":859.5,"endTime":862.11,"body":"pair of human eyes that need to"},{"speaker":"YS Chi","startTime":859.5,"endTime":862.11,"body":"take a look."},{"speaker":"Sean Fitzpatrick","startTime":862.89,"endTime":866.34,"body":"Absolutely. We"},{"speaker":"Sean Fitzpatrick","startTime":862.89,"endTime":866.34,"body":"still need that attorney. The"},{"speaker":"Sean Fitzpatrick","startTime":866.64,"endTime":869.13,"body":"law is very complicated. It's"},{"speaker":"Sean Fitzpatrick","startTime":866.64,"endTime":869.13,"body":"very nuanced."},{"speaker":"YS Chi","startTime":869.19,"endTime":870.93,"body":"And it constantly"},{"speaker":"YS Chi","startTime":869.19,"endTime":870.93,"body":"changes."},{"speaker":"Sean Fitzpatrick","startTime":871.29,"endTime":874.17,"body":"Exactly. You"},{"speaker":"Sean Fitzpatrick","startTime":871.29,"endTime":874.17,"body":"need to have somebody, a"},{"speaker":"Sean Fitzpatrick","startTime":874.2,"endTime":877.83,"body":"professional, that really knows"},{"speaker":"Sean Fitzpatrick","startTime":874.2,"endTime":877.83,"body":"what they're doing, to look at"},{"speaker":"Sean Fitzpatrick","startTime":877.83,"endTime":881.1,"body":"any legal document, before you"},{"speaker":"Sean Fitzpatrick","startTime":877.83,"endTime":881.1,"body":"sign it. That would be my"},{"speaker":"Sean Fitzpatrick","startTime":881.1,"endTime":882.06,"body":"approach, for sure."},{"speaker":"YS Chi","startTime":882.75,"endTime":886.8,"body":"So, let's go down this"},{"speaker":"YS Chi","startTime":882.75,"endTime":886.8,"body":"lane just one more step. One of"},{"speaker":"YS Chi","startTime":886.8,"endTime":891.0,"body":"the reasons why I really like"},{"speaker":"YS Chi","startTime":886.8,"endTime":891.0,"body":"the idea of human intervention"},{"speaker":"YS Chi","startTime":891.0,"endTime":896.97,"body":"at the end, as quality control"},{"speaker":"YS Chi","startTime":891.0,"endTime":896.97,"body":"and adding, additional value, is"},{"speaker":"YS Chi","startTime":897.12,"endTime":903.24,"body":"this question of the downside of"},{"speaker":"YS Chi","startTime":897.12,"endTime":903.24,"body":"AI. The whole concept of"},{"speaker":"YS Chi","startTime":903.24,"endTime":907.86,"body":"hallucinations and deep fakes. I"},{"speaker":"YS Chi","startTime":903.24,"endTime":907.86,"body":"think that some of the listeners"},{"speaker":"YS Chi","startTime":908.01,"endTime":912.75,"body":"will remember how in early 2023,"},{"speaker":"YS Chi","startTime":908.01,"endTime":912.75,"body":"lawyers in New York were"},{"speaker":"YS Chi","startTime":912.75,"endTime":916.71,"body":"sanctioned for including"},{"speaker":"YS Chi","startTime":912.75,"endTime":916.71,"body":"completely fictitious AI driven"},{"speaker":"YS Chi","startTime":916.71,"endTime":920.16,"body":"citations in their filings. I"},{"speaker":"YS Chi","startTime":916.71,"endTime":920.16,"body":"know that those were early days,"},{"speaker":"YS Chi","startTime":920.16,"endTime":925.56,"body":"but hallucination risks are"},{"speaker":"YS Chi","startTime":920.16,"endTime":925.56,"body":"still very real today. So"},{"speaker":"YS Chi","startTime":925.77,"endTime":931.83,"body":"ultimately, how do attorneys and"},{"speaker":"YS Chi","startTime":925.77,"endTime":931.83,"body":"lawyers expect to trust these"},{"speaker":"YS Chi","startTime":931.83,"endTime":933.6,"body":"tools from LexisNexis?"},{"speaker":"Unknown","startTime":934.35,"endTime":937.41,"body":"Well, you hit on a"},{"speaker":"Unknown","startTime":934.35,"endTime":937.41,"body":"really important point YS."},{"speaker":"Unknown","startTime":937.89,"endTime":943.29,"body":"Veracity matters. Veracity"},{"speaker":"Unknown","startTime":937.89,"endTime":943.29,"body":"matters in the law, and it's the"},{"speaker":"Unknown","startTime":943.35,"endTime":948.45,"body":"responsibility of the attorney."},{"speaker":"Unknown","startTime":943.35,"endTime":948.45,"body":"They ae responsible for their"},{"speaker":"Unknown","startTime":948.45,"endTime":952.14,"body":"final work product. It's not the"},{"speaker":"Unknown","startTime":948.45,"endTime":952.14,"body":"AI that's responsible. They're"},{"speaker":"Unknown","startTime":952.14,"endTime":955.05,"body":"responsible for the documents"},{"speaker":"Unknown","startTime":952.14,"endTime":955.05,"body":"they submit to court, the"},{"speaker":"Unknown","startTime":955.05,"endTime":959.64,"body":"documents that they use in"},{"speaker":"Unknown","startTime":955.05,"endTime":959.64,"body":"transactions and so on. AI can"},{"speaker":"Unknown","startTime":959.64,"endTime":964.26,"body":"help them with that, but their"},{"speaker":"Unknown","startTime":959.64,"endTime":964.26,"body":"AI needs to provide them with a"},{"speaker":"Unknown","startTime":964.26,"endTime":969.54,"body":"level of transparency. They need"},{"speaker":"Unknown","startTime":964.26,"endTime":969.54,"body":"to be able to link back to the"},{"speaker":"Unknown","startTime":969.54,"endTime":974.16,"body":"original authority and check it,"},{"speaker":"Unknown","startTime":969.54,"endTime":974.16,"body":"and shepardize it and make sure"},{"speaker":"Unknown","startTime":974.16,"endTime":978.6,"body":"it's good law, and be able to"},{"speaker":"Unknown","startTime":974.16,"endTime":978.6,"body":"stand up in court and say,"},{"speaker":"Unknown","startTime":978.72,"endTime":983.85,"body":"“Yeah, this document is real,"},{"speaker":"Unknown","startTime":978.72,"endTime":983.85,"body":"and these citations are real,"},{"speaker":"Unknown","startTime":983.88,"endTime":988.62,"body":"and I'm signing my name to it."},{"speaker":"Unknown","startTime":983.88,"endTime":988.62,"body":"Everything in here is correct.”"},{"speaker":"Unknown","startTime":989.07,"endTime":993.33,"body":"At LexisNexis, we're helping"},{"speaker":"Unknown","startTime":989.07,"endTime":993.33,"body":"customers with that. If you see"},{"speaker":"Unknown","startTime":993.36,"endTime":997.86,"body":"a citation that's produced by"},{"speaker":"Unknown","startTime":993.36,"endTime":997.86,"body":"our generative AI, it will be"},{"speaker":"Unknown","startTime":997.86,"endTime":1002.03,"body":"linked back to our research"},{"speaker":"Unknown","startTime":997.86,"endTime":1002.03,"body":"system. You can click on that."},{"speaker":"Unknown","startTime":1002.03,"endTime":1004.73,"body":"You go directly back to the"},{"speaker":"Unknown","startTime":1002.03,"endTime":1004.73,"body":"authority, go back to the case."},{"speaker":"Unknown","startTime":1004.79,"endTime":1006.95,"body":"You can read the case law"},{"speaker":"Unknown","startTime":1004.79,"endTime":1006.95,"body":"summary. You can read the"},{"speaker":"Unknown","startTime":1006.95,"endTime":1009.86,"body":"shepherd's report. You can"},{"speaker":"Unknown","startTime":1006.95,"endTime":1009.86,"body":"verify that it's a real case, a"},{"speaker":"Unknown","startTime":1009.86,"endTime":1013.88,"body":"real citation, and so on. So,"},{"speaker":"Unknown","startTime":1009.86,"endTime":1013.88,"body":"there are some challenges, but"},{"speaker":"Unknown","startTime":1013.88,"endTime":1017.81,"body":"we're helping our customers work"},{"speaker":"Unknown","startTime":1013.88,"endTime":1017.81,"body":"through those. Another challenge"},{"speaker":"Unknown","startTime":1018.14,"endTime":1022.28,"body":"that folks are facing is"},{"speaker":"Unknown","startTime":1018.14,"endTime":1022.28,"body":"information security. These"},{"speaker":"Unknown","startTime":1022.28,"endTime":1026.84,"body":"attorneys, they're dealing with"},{"speaker":"Unknown","startTime":1022.28,"endTime":1026.84,"body":"the most sensitive information"},{"speaker":"Unknown","startTime":1026.87,"endTime":1031.28,"body":"in the world, in some cases, and"},{"speaker":"Unknown","startTime":1026.87,"endTime":1031.28,"body":"they need to be sure that data"},{"speaker":"Unknown","startTime":1031.28,"endTime":1035.15,"body":"is going to is being protected."},{"speaker":"Unknown","startTime":1031.28,"endTime":1035.15,"body":"And again, at LexisNexis, we've"},{"speaker":"Unknown","startTime":1035.15,"endTime":1038.78,"body":"been doing data security for 50"},{"speaker":"Unknown","startTime":1035.15,"endTime":1038.78,"body":"years; data security and data"},{"speaker":"Unknown","startTime":1038.78,"endTime":1042.98,"body":"privacy. We've been at the"},{"speaker":"Unknown","startTime":1038.78,"endTime":1042.98,"body":"forefront of using advanced"},{"speaker":"Unknown","startTime":1043.07,"endTime":1047.96,"body":"encryption and privacy solutions"},{"speaker":"Unknown","startTime":1043.07,"endTime":1047.96,"body":"since the very beginning. It's"},{"speaker":"Unknown","startTime":1047.96,"endTime":1051.89,"body":"just super important that"},{"speaker":"Unknown","startTime":1047.96,"endTime":1051.89,"body":"whoever folks partner with in"},{"speaker":"Unknown","startTime":1051.89,"endTime":1056.18,"body":"terms of generative AI, that"},{"speaker":"Unknown","startTime":1051.89,"endTime":1056.18,"body":"they've got that focus on"},{"speaker":"Unknown","startTime":1056.18,"endTime":1057.17,"body":"information security."},{"speaker":"YS Chi","startTime":1058.22,"endTime":1063.11,"body":"One area you mentioned"},{"speaker":"YS Chi","startTime":1058.22,"endTime":1063.11,"body":"that sometimes people inside the"},{"speaker":"YS Chi","startTime":1063.11,"endTime":1067.37,"body":"company and our clients take for"},{"speaker":"YS Chi","startTime":1063.11,"endTime":1067.37,"body":"granted is the high quality of"},{"speaker":"YS Chi","startTime":1067.37,"endTime":1073.58,"body":"content that LexisNexis Legal \u0026"},{"speaker":"YS Chi","startTime":1067.37,"endTime":1073.58,"body":"Professional uses as its base."},{"speaker":"YS Chi","startTime":1073.61,"endTime":1078.05,"body":"Correct? What can you tell me"},{"speaker":"YS Chi","startTime":1073.61,"endTime":1078.05,"body":"about the investment that the"},{"speaker":"YS Chi","startTime":1078.05,"endTime":1082.46,"body":"company is making, or still"},{"speaker":"YS Chi","startTime":1078.05,"endTime":1082.46,"body":"making to make sure that"},{"speaker":"YS Chi","startTime":1082.46,"endTime":1084.74,"body":"fundamental is not compromised."},{"speaker":"Unknown","startTime":1085.49,"endTime":1088.49,"body":"We have one of the"},{"speaker":"Unknown","startTime":1085.49,"endTime":1088.49,"body":"world's largest repositories of"},{"speaker":"Unknown","startTime":1088.49,"endTime":1093.02,"body":"authoritative legal material. We"},{"speaker":"Unknown","startTime":1088.49,"endTime":1093.02,"body":"have over 100 billion documents"},{"speaker":"Unknown","startTime":1093.05,"endTime":1097.88,"body":"in our system. We collect over 2"},{"speaker":"Unknown","startTime":1093.05,"endTime":1097.88,"body":"million documents every single"},{"speaker":"Unknown","startTime":1097.88,"endTime":1102.08,"body":"day and add it to that system"},{"speaker":"Unknown","startTime":1097.88,"endTime":1102.08,"body":"from 50,000 sources around the"},{"speaker":"Unknown","startTime":1102.08,"endTime":1107.39,"body":"world. It's important to be able"},{"speaker":"Unknown","startTime":1102.08,"endTime":1107.39,"body":"to have the most updated"},{"speaker":"Unknown","startTime":1107.39,"endTime":1110.99,"body":"information in your system at"},{"speaker":"Unknown","startTime":1107.39,"endTime":1110.99,"body":"all times, and so we're"},{"speaker":"Unknown","startTime":1110.99,"endTime":1115.04,"body":"absolutely committed to doing"},{"speaker":"Unknown","startTime":1110.99,"endTime":1115.04,"body":"that. We also built an"},{"speaker":"Unknown","startTime":1115.04,"endTime":1118.19,"body":"ecosystem. So, it's not just"},{"speaker":"Unknown","startTime":1115.04,"endTime":1118.19,"body":"about collecting the documents,"},{"speaker":"Unknown","startTime":1118.64,"endTime":1121.28,"body":"but it's about identifying the"},{"speaker":"Unknown","startTime":1118.64,"endTime":1121.28,"body":"linkages between those"},{"speaker":"Unknown","startTime":1121.28,"endTime":1126.29,"body":"documents. We have over 150"},{"speaker":"Unknown","startTime":1121.28,"endTime":1126.29,"body":"billion linkages identified"},{"speaker":"Unknown","startTime":1126.29,"endTime":1128.66,"body":"between different documents, so"},{"speaker":"Unknown","startTime":1126.29,"endTime":1128.66,"body":"you can see how they're related."},{"speaker":"YS Chi","startTime":1129.17,"endTime":1133.61,"body":"This is the kind of"},{"speaker":"YS Chi","startTime":1129.17,"endTime":1133.61,"body":"stuff that makes LexisNexis so"},{"speaker":"YS Chi","startTime":1133.61,"endTime":1137.87,"body":"unique and difficult to copy by"},{"speaker":"YS Chi","startTime":1133.61,"endTime":1137.87,"body":"just any tech firm coming around"},{"speaker":"YS Chi","startTime":1137.87,"endTime":1140.18,"body":"and trying to replicate what you"},{"speaker":"YS Chi","startTime":1137.87,"endTime":1140.18,"body":"do."},{"speaker":"Unknown","startTime":1140.81,"endTime":1143.21,"body":"That’s right. And a lot"},{"speaker":"Unknown","startTime":1140.81,"endTime":1143.21,"body":"of that content is proprietary,"},{"speaker":"Unknown","startTime":1143.27,"endTime":1144.38,"body":"so it can't be copied."},{"speaker":"YS Chi","startTime":1144.44,"endTime":1148.58,"body":"Yeah. Now, we've"},{"speaker":"YS Chi","startTime":1144.44,"endTime":1148.58,"body":"discussed the impact of AI on"},{"speaker":"YS Chi","startTime":1148.58,"endTime":1151.58,"body":"the profession. I'd like to"},{"speaker":"YS Chi","startTime":1148.58,"endTime":1151.58,"body":"explore a little bit the impact"},{"speaker":"YS Chi","startTime":1151.58,"endTime":1154.46,"body":"of AI on the next generation of"},{"speaker":"YS Chi","startTime":1151.58,"endTime":1154.46,"body":"people who are going to become"},{"speaker":"YS Chi","startTime":1154.46,"endTime":1159.02,"body":"our lawyers. How is this"},{"speaker":"YS Chi","startTime":1154.46,"endTime":1159.02,"body":"affecting the education part of"},{"speaker":"YS Chi","startTime":1159.02,"endTime":1163.85,"body":"the law, as they get ready to be"},{"speaker":"YS Chi","startTime":1159.02,"endTime":1163.85,"body":"lawyers. What is happening at"},{"speaker":"YS Chi","startTime":1163.85,"endTime":1164.57,"body":"the law schools?"},{"speaker":"Unknown","startTime":1165.14,"endTime":1168.83,"body":"There are 198 ABA"},{"speaker":"Unknown","startTime":1165.14,"endTime":1168.83,"body":"accredited law schools across"},{"speaker":"Unknown","startTime":1168.83,"endTime":1173.18,"body":"the United States. 100% of those"},{"speaker":"Unknown","startTime":1168.83,"endTime":1173.18,"body":"now have access to AI tools."},{"speaker":"Unknown","startTime":1173.51,"endTime":1176.09,"body":"They are they're all"},{"speaker":"Unknown","startTime":1173.51,"endTime":1176.09,"body":"incorporating it into their"},{"speaker":"Unknown","startTime":1176.09,"endTime":1179.93,"body":"programs. The last report that I"},{"speaker":"Unknown","startTime":1176.09,"endTime":1179.93,"body":"saw, and this is a while ago,"},{"speaker":"Unknown","startTime":1179.99,"endTime":1183.29,"body":"indicated over 90% of them had"},{"speaker":"Unknown","startTime":1179.99,"endTime":1183.29,"body":"incorporated AI into their"},{"speaker":"Unknown","startTime":1183.29,"endTime":1186.8,"body":"curriculum. I note that was a"},{"speaker":"Unknown","startTime":1183.29,"endTime":1186.8,"body":"while ago, because I think that"},{"speaker":"Unknown","startTime":1186.83,"endTime":1191.0,"body":"numbers approaching very"},{"speaker":"Unknown","startTime":1186.83,"endTime":1191.0,"body":"rapidly, approaching 100%. Every"},{"speaker":"Unknown","startTime":1191.0,"endTime":1193.76,"body":"law school is going to be"},{"speaker":"Unknown","startTime":1191.0,"endTime":1193.76,"body":"teaching about generative AI."},{"speaker":"Unknown","startTime":1195.56,"endTime":1200.78,"body":"When law firms hire newly"},{"speaker":"Unknown","startTime":1195.56,"endTime":1200.78,"body":"graduated attorney’s, they are"},{"speaker":"Unknown","startTime":1200.78,"endTime":1204.44,"body":"looking for folks that are ready"},{"speaker":"Unknown","startTime":1200.78,"endTime":1204.44,"body":"to practice right. And this"},{"speaker":"Unknown","startTime":1204.5,"endTime":1207.38,"body":"generation of lawyers that's"},{"speaker":"Unknown","startTime":1204.5,"endTime":1207.38,"body":"graduating from law schools,"},{"speaker":"Unknown","startTime":1207.83,"endTime":1211.97,"body":"they're going to be the most"},{"speaker":"Unknown","startTime":1207.83,"endTime":1211.97,"body":"technically savvy generation of"},{"speaker":"Unknown","startTime":1211.97,"endTime":1217.37,"body":"lawyers in history. And they are"},{"speaker":"Unknown","startTime":1211.97,"endTime":1217.37,"body":"going to bring that technology,"},{"speaker":"Unknown","startTime":1217.4,"endTime":1220.91,"body":"those technology skills, into"},{"speaker":"Unknown","startTime":1217.4,"endTime":1220.91,"body":"the firms with them and help"},{"speaker":"Unknown","startTime":1220.91,"endTime":1225.68,"body":"strengthen the quality of the"},{"speaker":"Unknown","startTime":1220.91,"endTime":1225.68,"body":"firm's understanding and ability"},{"speaker":"Unknown","startTime":1225.68,"endTime":1228.74,"body":"to use that technology. It's"},{"speaker":"Unknown","startTime":1225.68,"endTime":1228.74,"body":"going to help them become more"},{"speaker":"Unknown","startTime":1228.74,"endTime":1232.79,"body":"efficient and more effective in"},{"speaker":"Unknown","startTime":1228.74,"endTime":1232.79,"body":"the practice of law. Another"},{"speaker":"Unknown","startTime":1232.79,"endTime":1237.35,"body":"thing is, is these tools do make"},{"speaker":"Unknown","startTime":1232.79,"endTime":1237.35,"body":"you more efficient, and so if"},{"speaker":"Unknown","startTime":1237.35,"endTime":1241.22,"body":"you're more efficient in law"},{"speaker":"Unknown","startTime":1237.35,"endTime":1241.22,"body":"school, you can spend time"},{"speaker":"Unknown","startTime":1241.25,"endTime":1244.76,"body":"working on things like legal"},{"speaker":"Unknown","startTime":1241.25,"endTime":1244.76,"body":"writing, which comes up"},{"speaker":"Unknown","startTime":1244.76,"endTime":1248.72,"body":"constantly as a as an area of"},{"speaker":"Unknown","startTime":1244.76,"endTime":1248.72,"body":"concern. But you have, the law"},{"speaker":"Unknown","startTime":1248.72,"endTime":1251.93,"body":"schools have more time to teach"},{"speaker":"Unknown","startTime":1248.72,"endTime":1251.93,"body":"legal writing if they're"},{"speaker":"Unknown","startTime":1251.93,"endTime":1256.25,"body":"spending less time in other"},{"speaker":"Unknown","startTime":1251.93,"endTime":1256.25,"body":"areas because of the"},{"speaker":"Unknown","startTime":1256.28,"endTime":1260.93,"body":"efficiencies that have been"},{"speaker":"Unknown","startTime":1256.28,"endTime":1260.93,"body":"gained. Then it also can help"},{"speaker":"Unknown","startTime":1260.93,"endTime":1265.82,"body":"lawyers become better writers."},{"speaker":"Unknown","startTime":1260.93,"endTime":1265.82,"body":"As someone writes something, the"},{"speaker":"Unknown","startTime":1265.82,"endTime":1269.18,"body":"ability to put it through an AI"},{"speaker":"Unknown","startTime":1265.82,"endTime":1269.18,"body":"tool and analyse it and get"},{"speaker":"Unknown","startTime":1269.18,"endTime":1273.11,"body":"immediate feedback on it, and"},{"speaker":"Unknown","startTime":1269.18,"endTime":1273.11,"body":"suggestions on it, is one way"},{"speaker":"Unknown","startTime":1273.14,"endTime":1275.03,"body":"that you become a better writer."},{"speaker":"YS Chi","startTime":1275.51,"endTime":1278.63,"body":"Right. And Gen AI is"},{"speaker":"YS Chi","startTime":1275.51,"endTime":1278.63,"body":"really changing all forms of"},{"speaker":"YS Chi","startTime":1278.63,"endTime":1281.33,"body":"education right now. So, it's"},{"speaker":"YS Chi","startTime":1278.63,"endTime":1281.33,"body":"really exciting time."},{"speaker":"Sean Fitzpatrick","startTime":1281.72,"endTime":1282.56,"body":"Absolutely."},{"speaker":"YS Chi","startTime":1283.01,"endTime":1285.47,"body":"How about if we look a"},{"speaker":"YS Chi","startTime":1283.01,"endTime":1285.47,"body":"little bit further out there?"},{"speaker":"YS Chi","startTime":1286.58,"endTime":1291.56,"body":"Can you talk about what your"},{"speaker":"YS Chi","startTime":1286.58,"endTime":1291.56,"body":"vision is about where Gen AI"},{"speaker":"YS Chi","startTime":1291.56,"endTime":1294.08,"body":"will take the legal profession"},{"speaker":"YS Chi","startTime":1291.56,"endTime":1294.08,"body":"eventually?"},{"speaker":"Unknown","startTime":1295.16,"endTime":1298.67,"body":"Yeah, so it's a great"},{"speaker":"Unknown","startTime":1295.16,"endTime":1298.67,"body":"question. I have a number of"},{"speaker":"Unknown","startTime":1298.67,"endTime":1302.33,"body":"different views on it. Our"},{"speaker":"Unknown","startTime":1298.67,"endTime":1302.33,"body":"vision is that every attorney is"},{"speaker":"Unknown","startTime":1302.33,"endTime":1306.47,"body":"going to have a virtual, AI"},{"speaker":"Unknown","startTime":1302.33,"endTime":1306.47,"body":"powered assistant. And that"},{"speaker":"Unknown","startTime":1306.59,"endTime":1309.71,"body":"assistant is going to understand"},{"speaker":"Unknown","startTime":1306.59,"endTime":1309.71,"body":"their jurisdiction, their"},{"speaker":"Unknown","startTime":1309.71,"endTime":1312.47,"body":"practice area. It’s going to"},{"speaker":"Unknown","startTime":1309.71,"endTime":1312.47,"body":"understand their preferred"},{"speaker":"Unknown","startTime":1312.47,"endTime":1315.26,"body":"writing style. It's going to"},{"speaker":"Unknown","startTime":1312.47,"endTime":1315.26,"body":"have access to their prior work"},{"speaker":"Unknown","startTime":1315.26,"endTime":1319.28,"body":"product. It's going to have"},{"speaker":"Unknown","startTime":1315.26,"endTime":1319.28,"body":"access to all of our content,"},{"speaker":"Unknown","startTime":1319.28,"endTime":1321.74,"body":"one of the world's largest"},{"speaker":"Unknown","startTime":1319.28,"endTime":1321.74,"body":"repositories of authoritative"},{"speaker":"Unknown","startTime":1321.8,"endTime":1322.76,"body":"legal material."},{"speaker":"YS Chi","startTime":1323.18,"endTime":1327.02,"body":"Let me stop there. So,"},{"speaker":"YS Chi","startTime":1323.18,"endTime":1327.02,"body":"you're really suggesting very"},{"speaker":"YS Chi","startTime":1327.02,"endTime":1329.39,"body":"personalised AI tool?"},{"speaker":"Unknown","startTime":1329.72,"endTime":1332.63,"body":"Yeah. If they wanted to"},{"speaker":"Unknown","startTime":1329.72,"endTime":1332.63,"body":"write something in their own"},{"speaker":"Unknown","startTime":1332.63,"endTime":1336.14,"body":"style. 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All those"},{"speaker":"Unknown","startTime":1378.83,"endTime":1382.04,"body":"attorneys, while they're all"},{"speaker":"Unknown","startTime":1382.04,"endTime":1385.97,"body":"lawyers, they're all doing very,"},{"speaker":"Unknown","startTime":1382.04,"endTime":1385.97,"body":"very different tasks, right? We"},{"speaker":"Unknown","startTime":1386.15,"endTime":1390.56,"body":"see a situation where there are"},{"speaker":"Unknown","startTime":1386.15,"endTime":1390.56,"body":"agents for labour and employment"},{"speaker":"Unknown","startTime":1390.56,"endTime":1393.02,"body":"attorneys that will take the"},{"speaker":"Unknown","startTime":1390.56,"endTime":1393.02,"body":"different activities that they"},{"speaker":"Unknown","startTime":1393.02,"endTime":1396.95,"body":"do, and they'll automate"},{"speaker":"Unknown","startTime":1393.02,"endTime":1396.95,"body":"different things along that"},{"speaker":"Unknown","startTime":1396.95,"endTime":1401.39,"body":"workflow. If you think about,"},{"speaker":"Unknown","startTime":1396.95,"endTime":1401.39,"body":"what an attorney does today"},{"speaker":"Unknown","startTime":1401.39,"endTime":1403.82,"body":"versus what they might do"},{"speaker":"Unknown","startTime":1401.39,"endTime":1403.82,"body":"tomorrow. A typical morning"},{"speaker":"Unknown","startTime":1403.82,"endTime":1407.51,"body":"might start out with reading the"},{"speaker":"Unknown","startTime":1403.82,"endTime":1407.51,"body":"news about what's going on in"},{"speaker":"Unknown","startTime":1407.51,"endTime":1411.8,"body":"the law, doing some research on"},{"speaker":"Unknown","startTime":1407.51,"endTime":1411.8,"body":"a case for a matter that they're"},{"speaker":"Unknown","startTime":1411.8,"endTime":1416.36,"body":"working on. They might draft a"},{"speaker":"Unknown","startTime":1411.8,"endTime":1416.36,"body":"motion to dismiss for a"},{"speaker":"Unknown","startTime":1416.36,"endTime":1420.77,"body":"particular matter. Tomorrow,"},{"speaker":"Unknown","startTime":1416.36,"endTime":1420.77,"body":"those same activities with the"},{"speaker":"Unknown","startTime":1420.77,"endTime":1423.5,"body":"power of AI might be quite"},{"speaker":"Unknown","startTime":1420.77,"endTime":1423.5,"body":"different. So instead of reading"},{"speaker":"Unknown","startTime":1423.5,"endTime":1426.95,"body":"the news, they'll get a curated"},{"speaker":"Unknown","startTime":1423.5,"endTime":1426.95,"body":"summarisation of the key news"},{"speaker":"Unknown","startTime":1426.95,"endTime":1430.61,"body":"that's most important to them."},{"speaker":"Unknown","startTime":1426.95,"endTime":1430.61,"body":"Instead of reading a case,"},{"speaker":"Unknown","startTime":1430.64,"endTime":1433.07,"body":"they'll be able to read a case,"},{"speaker":"Unknown","startTime":1430.64,"endTime":1433.07,"body":"but they'll also be able to ask"},{"speaker":"Unknown","startTime":1433.07,"endTime":1437.39,"body":"a follow up question about that"},{"speaker":"Unknown","startTime":1433.07,"endTime":1437.39,"body":"case. Instead of drafting a"},{"speaker":"Unknown","startTime":1437.39,"endTime":1443.18,"body":"motion, they'll be able to study"},{"speaker":"Unknown","startTime":1437.39,"endTime":1443.18,"body":"the tendencies of the judge, and"},{"speaker":"Unknown","startTime":1443.21,"endTime":1447.5,"body":"how often has she granted a"},{"speaker":"Unknown","startTime":1443.21,"endTime":1447.5,"body":"motion to dismiss. And how often"},{"speaker":"Unknown","startTime":1447.5,"endTime":1450.38,"body":"does she do it relative to her"},{"speaker":"Unknown","startTime":1447.5,"endTime":1450.38,"body":"peers, and when she does do it,"},{"speaker":"Unknown","startTime":1450.65,"endTime":1455.48,"body":"what are the points that she"},{"speaker":"Unknown","startTime":1450.65,"endTime":1455.48,"body":"highlights. When she denies that"},{"speaker":"Unknown","startTime":1455.48,"endTime":1457.64,"body":"motion, what are the things that"},{"speaker":"Unknown","startTime":1455.48,"endTime":1457.64,"body":"she points to."},{"speaker":"YS Chi","startTime":1458.36,"endTime":1463.01,"body":"That last piece, that"},{"speaker":"YS Chi","startTime":1458.36,"endTime":1463.01,"body":"seems to be very analytic AI,"},{"speaker":"YS Chi","startTime":1463.04,"endTime":1466.46,"body":"almost predictive AI. Is that"},{"speaker":"YS Chi","startTime":1463.04,"endTime":1466.46,"body":"the next thing coming around the"},{"speaker":"YS Chi","startTime":1466.46,"endTime":1466.85,"body":"corner?"},{"speaker":"Unknown","startTime":1467.57,"endTime":1470.33,"body":"It might be. I think"},{"speaker":"Unknown","startTime":1467.57,"endTime":1470.33,"body":"the tools are developing so"},{"speaker":"Unknown","startTime":1470.33,"endTime":1473.24,"body":"quickly, it's hard to say"},{"speaker":"Unknown","startTime":1470.33,"endTime":1473.24,"body":"exactly what's going to be next."},{"speaker":"Unknown","startTime":1473.24,"endTime":1476.93,"body":"But, we've been using AI for"},{"speaker":"Unknown","startTime":1473.24,"endTime":1476.93,"body":"years. I mean, decades, really."},{"speaker":"Unknown","startTime":1477.26,"endTime":1480.29,"body":"We use natural language"},{"speaker":"Unknown","startTime":1477.26,"endTime":1480.29,"body":"processing, we use machine"},{"speaker":"Unknown","startTime":1480.29,"endTime":1486.17,"body":"learning. We use, what some have"},{"speaker":"Unknown","startTime":1480.29,"endTime":1486.17,"body":"described as extractive AI, to"},{"speaker":"Unknown","startTime":1487.01,"endTime":1491.84,"body":"pull information out of large"},{"speaker":"Unknown","startTime":1487.01,"endTime":1491.84,"body":"data sets. We use generative AI"},{"speaker":"Unknown","startTime":1491.93,"endTime":1495.59,"body":"now. On the forefront, we're on"},{"speaker":"Unknown","startTime":1491.93,"endTime":1495.59,"body":"the forefront of predictive AI."},{"speaker":"Unknown","startTime":1496.04,"endTime":1502.31,"body":"We're starting to see agentic AI"},{"speaker":"Unknown","startTime":1496.04,"endTime":1502.31,"body":"come in to practice. This is"},{"speaker":"Unknown","startTime":1502.31,"endTime":1506.12,"body":"where the AI tools are"},{"speaker":"Unknown","startTime":1502.31,"endTime":1506.12,"body":"autonomously moving to the next"},{"speaker":"Unknown","startTime":1506.12,"endTime":1510.53,"body":"step without processing. They're"},{"speaker":"Unknown","startTime":1506.12,"endTime":1510.53,"body":"using reasoning and logic to do"},{"speaker":"Unknown","startTime":1510.53,"endTime":1515.48,"body":"the next activity. For example,"},{"speaker":"Unknown","startTime":1510.53,"endTime":1515.48,"body":"if you draft a document, after"},{"speaker":"Unknown","startTime":1515.48,"endTime":1517.67,"body":"you draft a document, what's the"},{"speaker":"Unknown","startTime":1515.48,"endTime":1517.67,"body":"next thing you're going to do?"},{"speaker":"Unknown","startTime":1517.73,"endTime":1520.46,"body":"Well probably review that"},{"speaker":"Unknown","startTime":1517.73,"endTime":1520.46,"body":"document, maybe make some"},{"speaker":"Unknown","startTime":1520.46,"endTime":1525.35,"body":"comments about that document,"},{"speaker":"Unknown","startTime":1520.46,"endTime":1525.35,"body":"then go back and review those"},{"speaker":"Unknown","startTime":1525.35,"endTime":1528.35,"body":"comments and make changes to the"},{"speaker":"Unknown","startTime":1525.35,"endTime":1528.35,"body":"document. And you might be"},{"speaker":"Unknown","startTime":1528.35,"endTime":1532.25,"body":"collaborating with someone else"},{"speaker":"Unknown","startTime":1528.35,"endTime":1532.25,"body":"throughout that process. Well,"},{"speaker":"Unknown","startTime":1532.4,"endTime":1535.88,"body":"the tools are going to be able"},{"speaker":"Unknown","startTime":1532.4,"endTime":1535.88,"body":"to do those same things. It will"},{"speaker":"Unknown","startTime":1535.88,"endTime":1539.12,"body":"draft a document, it will send"},{"speaker":"Unknown","startTime":1535.88,"endTime":1539.12,"body":"it to another model, who will"},{"speaker":"Unknown","startTime":1539.12,"endTime":1543.23,"body":"review it, provide feedback. The"},{"speaker":"Unknown","startTime":1539.12,"endTime":1543.23,"body":"model will pause, take that"},{"speaker":"Unknown","startTime":1543.23,"endTime":1546.74,"body":"feedback into consideration,"},{"speaker":"Unknown","startTime":1543.23,"endTime":1546.74,"body":"make revisions. All this is"},{"speaker":"Unknown","startTime":1546.74,"endTime":1550.13,"body":"happening autonomously, without"},{"speaker":"Unknown","startTime":1546.74,"endTime":1550.13,"body":"the attorney prompting it. And"},{"speaker":"Unknown","startTime":1550.13,"endTime":1554.15,"body":"it's happening, at the speed at"},{"speaker":"Unknown","startTime":1550.13,"endTime":1554.15,"body":"which bits and bytes, move"},{"speaker":"Unknown","startTime":1554.15,"endTime":1556.85,"body":"through these computer systems,"},{"speaker":"Unknown","startTime":1554.15,"endTime":1556.85,"body":"which is nearly the speed of"},{"speaker":"Unknown","startTime":1556.85,"endTime":1560.0,"body":"light, right? To the attorney,"},{"speaker":"Unknown","startTime":1556.85,"endTime":1560.0,"body":"it looks almost instantaneous."},{"speaker":"YS Chi","startTime":1560.54,"endTime":1564.92,"body":"It's exciting what's"},{"speaker":"YS Chi","startTime":1560.54,"endTime":1564.92,"body":"going to be ahead. Just like you"},{"speaker":"YS Chi","startTime":1564.92,"endTime":1568.64,"body":"mentioned earlier about where"},{"speaker":"YS Chi","startTime":1564.92,"endTime":1568.64,"body":"content and technology met"},{"speaker":"YS Chi","startTime":1568.64,"endTime":1572.27,"body":"together. About the timing of"},{"speaker":"YS Chi","startTime":1568.64,"endTime":1572.27,"body":"your joining this industry."},{"speaker":"YS Chi","startTime":1572.99,"endTime":1576.14,"body":"There's something about all"},{"speaker":"YS Chi","startTime":1572.99,"endTime":1576.14,"body":"these things that you describe"},{"speaker":"YS Chi","startTime":1576.44,"endTime":1580.46,"body":"that has to do with us actually"},{"speaker":"YS Chi","startTime":1576.44,"endTime":1580.46,"body":"knowing what the lawyers need."},{"speaker":"YS Chi","startTime":1580.91,"endTime":1584.27,"body":"Not only as someone who's"},{"speaker":"YS Chi","startTime":1580.91,"endTime":1584.27,"body":"adopting technology. How do you"},{"speaker":"YS Chi","startTime":1584.27,"endTime":1589.13,"body":"keep up with what the lawyers"},{"speaker":"YS Chi","startTime":1584.27,"endTime":1589.13,"body":"really need as they face their"},{"speaker":"YS Chi","startTime":1589.13,"endTime":1589.88,"body":"clients?"},{"speaker":"Unknown","startTime":1590.63,"endTime":1594.5,"body":"Well, we have a very"},{"speaker":"Unknown","startTime":1590.63,"endTime":1594.5,"body":"collaborative process. We work"},{"speaker":"Unknown","startTime":1594.5,"endTime":1598.88,"body":"with clients on the development"},{"speaker":"Unknown","startTime":1594.5,"endTime":1598.88,"body":"of all these products. They're"},{"speaker":"Unknown","startTime":1598.88,"endTime":1602.72,"body":"an integral part of everything"},{"speaker":"Unknown","startTime":1598.88,"endTime":1602.72,"body":"we do in product development,"},{"speaker":"Unknown","startTime":1602.72,"endTime":1606.83,"body":"and we're really trying to"},{"speaker":"Unknown","startTime":1602.72,"endTime":1606.83,"body":"understand what are the big pain"},{"speaker":"Unknown","startTime":1606.83,"endTime":1609.68,"body":"points for them, what are the"},{"speaker":"Unknown","startTime":1606.83,"endTime":1609.68,"body":"challenges that they're facing?"},{"speaker":"Unknown","startTime":1610.43,"endTime":1614.27,"body":"How do they see AI as"},{"speaker":"Unknown","startTime":1610.43,"endTime":1614.27,"body":"potentially assisting them in"},{"speaker":"Unknown","startTime":1614.27,"endTime":1619.22,"body":"solving those challenges? We"},{"speaker":"Unknown","startTime":1614.27,"endTime":1619.22,"body":"have over 2000 research"},{"speaker":"Unknown","startTime":1619.22,"endTime":1623.42,"body":"scientists in the organisation."},{"speaker":"Unknown","startTime":1619.22,"endTime":1623.42,"body":"We have, we employ, either"},{"speaker":"Unknown","startTime":1623.42,"endTime":1626.24,"body":"directly or through contractors,"},{"speaker":"Unknown","startTime":1623.42,"endTime":1626.24,"body":"thousands of attorneys as well."},{"speaker":"Unknown","startTime":1627.02,"endTime":1631.43,"body":"We put those entire teams,"},{"speaker":"Unknown","startTime":1627.02,"endTime":1631.43,"body":"together with our clients, to"},{"speaker":"Unknown","startTime":1631.49,"endTime":1636.44,"body":"develop new solutions that more"},{"speaker":"Unknown","startTime":1631.49,"endTime":1636.44,"body":"effectively address those pain"},{"speaker":"Unknown","startTime":1636.44,"endTime":1639.08,"body":"points and those challenges that"},{"speaker":"Unknown","startTime":1636.44,"endTime":1639.08,"body":"attorneys are facing every day."},{"speaker":"YS Chi","startTime":1639.59,"endTime":1644.87,"body":"Right, and I just wanted"},{"speaker":"YS Chi","startTime":1639.59,"endTime":1644.87,"body":"to point out how quickly, after"},{"speaker":"YS Chi","startTime":1644.93,"endTime":1651.95,"body":"the first euphoria came out in"},{"speaker":"YS Chi","startTime":1644.93,"endTime":1651.95,"body":"the end of 2022 about Gen AI"},{"speaker":"YS Chi","startTime":1651.98,"endTime":1657.29,"body":"that LexisNexis was able to turn"},{"speaker":"YS Chi","startTime":1651.98,"endTime":1657.29,"body":"around within less than handful"},{"speaker":"YS Chi","startTime":1657.29,"endTime":1661.22,"body":"month with already a product out"},{"speaker":"YS Chi","startTime":1657.29,"endTime":1661.22,"body":"there. Which tells me that you"},{"speaker":"YS Chi","startTime":1661.22,"endTime":1665.12,"body":"really knew what the customers"},{"speaker":"YS Chi","startTime":1661.22,"endTime":1665.12,"body":"wanted all along the way. You"},{"speaker":"YS Chi","startTime":1665.12,"endTime":1666.74,"body":"really got the pulse."},{"speaker":"Unknown","startTime":1667.19,"endTime":1670.19,"body":"Yes, I think we've"},{"speaker":"Unknown","startTime":1667.19,"endTime":1670.19,"body":"always been focused on the"},{"speaker":"Unknown","startTime":1670.19,"endTime":1675.11,"body":"customer. They're at the center"},{"speaker":"Unknown","startTime":1670.19,"endTime":1675.11,"body":"of everything that we do. When"},{"speaker":"Unknown","startTime":1675.14,"endTime":1682.1,"body":"generative AI kind of exploded,"},{"speaker":"Unknown","startTime":1675.14,"endTime":1682.1,"body":"we were already working with our"},{"speaker":"Unknown","startTime":1682.13,"endTime":1686.78,"body":"with our customers on generative"},{"speaker":"Unknown","startTime":1682.13,"endTime":1686.78,"body":"AI, and that allowed us to"},{"speaker":"Unknown","startTime":1687.08,"endTime":1693.08,"body":"launch a product in October of"},{"speaker":"Unknown","startTime":1687.08,"endTime":1693.08,"body":"2023. Less than a year, after"},{"speaker":"Unknown","startTime":1693.08,"endTime":1697.07,"body":"kind of that explosion. We've"},{"speaker":"Unknown","startTime":1693.08,"endTime":1697.07,"body":"just continued to iterate on it."},{"speaker":"Unknown","startTime":1697.07,"endTime":1701.27,"body":"Now, we launched our latest"},{"speaker":"Unknown","startTime":1697.07,"endTime":1701.27,"body":"generation of that called"},{"speaker":"Unknown","startTime":1701.3,"endTime":1705.2,"body":"Protégé. It takes everything"},{"speaker":"Unknown","startTime":1701.3,"endTime":1705.2,"body":"that used to be able to do in"},{"speaker":"Unknown","startTime":1705.2,"endTime":1708.23,"body":"our AI assistant, and you could"},{"speaker":"Unknown","startTime":1705.2,"endTime":1708.23,"body":"do it in Protégé, but usually"},{"speaker":"Unknown","startTime":1708.26,"endTime":1712.52,"body":"you can do it better now. It's"},{"speaker":"Unknown","startTime":1708.26,"endTime":1712.52,"body":"added a whole new set of skills."},{"speaker":"Unknown","startTime":1713.21,"endTime":1716.93,"body":"Now you can do things like"},{"speaker":"Unknown","startTime":1713.21,"endTime":1716.93,"body":"prepare for a deposition. You"},{"speaker":"Unknown","startTime":1716.93,"endTime":1721.37,"body":"can summarise a very complex,"},{"speaker":"Unknown","startTime":1716.93,"endTime":1721.37,"body":"like a 100 page legal document."},{"speaker":"Unknown","startTime":1721.88,"endTime":1725.96,"body":"You can draft a discovery"},{"speaker":"Unknown","startTime":1721.88,"endTime":1725.96,"body":"request. You can create a vault"},{"speaker":"Unknown","startTime":1725.99,"endTime":1730.37,"body":"of documents and you can do"},{"speaker":"Unknown","startTime":1725.99,"endTime":1730.37,"body":"things with that, like ask"},{"speaker":"Unknown","startTime":1730.37,"endTime":1733.28,"body":"questions to that set of"},{"speaker":"Unknown","startTime":1730.37,"endTime":1733.28,"body":"documents, or summarise that set"},{"speaker":"Unknown","startTime":1733.28,"endTime":1736.13,"body":"of documents. Or create a"},{"speaker":"Unknown","startTime":1733.28,"endTime":1736.13,"body":"timeline based on information"},{"speaker":"Unknown","startTime":1736.13,"endTime":1739.07,"body":"that's in those documents. You"},{"speaker":"Unknown","startTime":1736.13,"endTime":1739.07,"body":"can draft a set of"},{"speaker":"Unknown","startTime":1739.07,"endTime":1742.94,"body":"interrogatories, which is all"},{"speaker":"Unknown","startTime":1739.07,"endTime":1742.94,"body":"these activities that lawyers"},{"speaker":"Unknown","startTime":1742.94,"endTime":1747.2,"body":"do, that they wanted help with,"},{"speaker":"Unknown","startTime":1742.94,"endTime":1747.2,"body":"and that they saw opportunities"},{"speaker":"Unknown","startTime":1747.2,"endTime":1751.19,"body":"to use generative AI for. We've"},{"speaker":"Unknown","startTime":1747.2,"endTime":1751.19,"body":"worked with them to develop"},{"speaker":"Unknown","startTime":1751.19,"endTime":1755.24,"body":"solutions that do that. I just"},{"speaker":"Unknown","startTime":1751.19,"endTime":1755.24,"body":"see this continuing to grow and"},{"speaker":"Unknown","startTime":1755.24,"endTime":1759.02,"body":"build again, like right down the"},{"speaker":"Unknown","startTime":1755.24,"endTime":1759.02,"body":"line of the workflow of the"},{"speaker":"Unknown","startTime":1759.02,"endTime":1760.67,"body":"attorney in different practice"},{"speaker":"Unknown","startTime":1759.02,"endTime":1760.67,"body":"areas."},{"speaker":"YS Chi","startTime":1760.7,"endTime":1764.54,"body":"Well, you're very modest"},{"speaker":"YS Chi","startTime":1760.7,"endTime":1764.54,"body":"about describing the impact that"},{"speaker":"YS Chi","startTime":1764.54,"endTime":1768.56,"body":"Protégé will have to the"},{"speaker":"YS Chi","startTime":1764.54,"endTime":1768.56,"body":"lawyers, because I think it's"},{"speaker":"YS Chi","startTime":1768.59,"endTime":1772.97,"body":"amazing tool that you've already"},{"speaker":"YS Chi","startTime":1768.59,"endTime":1772.97,"body":"introduced. It's already been"},{"speaker":"YS Chi","startTime":1772.97,"endTime":1775.58,"body":"adopted and commercialised. It's"},{"speaker":"YS Chi","startTime":1772.97,"endTime":1775.58,"body":"terrific."},{"speaker":"Unknown","startTime":1776.42,"endTime":1778.22,"body":"I think that's one of"},{"speaker":"Unknown","startTime":1776.42,"endTime":1778.22,"body":"the interesting things about"},{"speaker":"Unknown","startTime":1778.22,"endTime":1783.38,"body":"this. I was talking about all"},{"speaker":"Unknown","startTime":1778.22,"endTime":1783.38,"body":"the advancements and our vision."},{"speaker":"Unknown","startTime":1784.58,"endTime":1789.17,"body":"The vision is not like a 10 year"},{"speaker":"Unknown","startTime":1784.58,"endTime":1789.17,"body":"vision. This is not about what"},{"speaker":"Unknown","startTime":1789.17,"endTime":1791.78,"body":"we're going to do 10 years from"},{"speaker":"Unknown","startTime":1789.17,"endTime":1791.78,"body":"now, or five years from now, or"},{"speaker":"Unknown","startTime":1791.78,"endTime":1794.42,"body":"even three years from now. A lot"},{"speaker":"Unknown","startTime":1791.78,"endTime":1794.42,"body":"of this stuff is available"},{"speaker":"Unknown","startTime":1794.42,"endTime":1798.05,"body":"today. So the stuff that's not"},{"speaker":"Unknown","startTime":1794.42,"endTime":1798.05,"body":"available today, most of it's"},{"speaker":"Unknown","startTime":1798.05,"endTime":1800.54,"body":"going to be available within the"},{"speaker":"Unknown","startTime":1798.05,"endTime":1800.54,"body":"next year. We have been able to"},{"speaker":"Unknown","startTime":1800.54,"endTime":1803.99,"body":"move very, very quickly to turn"},{"speaker":"Unknown","startTime":1800.54,"endTime":1803.99,"body":"this into actual usable"},{"speaker":"Unknown","startTime":1803.99,"endTime":1804.44,"body":"products."},{"speaker":"YS Chi","startTime":1805.22,"endTime":1808.82,"body":"Well, we're very happy"},{"speaker":"YS Chi","startTime":1805.22,"endTime":1808.82,"body":"that you were able to move so"},{"speaker":"YS Chi","startTime":1808.82,"endTime":1812.6,"body":"quickly and that you continue to"},{"speaker":"YS Chi","startTime":1808.82,"endTime":1812.6,"body":"move forward like that. Sean,"},{"speaker":"YS Chi","startTime":1812.6,"endTime":1816.02,"body":"I'm very jealous of the stuff"},{"speaker":"YS Chi","startTime":1812.6,"endTime":1816.02,"body":"that you're doing and how much"},{"speaker":"YS Chi","startTime":1816.02,"endTime":1819.29,"body":"success you're garnering"},{"speaker":"YS Chi","startTime":1816.02,"endTime":1819.29,"body":"already, but we can't leave our"},{"speaker":"YS Chi","startTime":1819.29,"endTime":1823.52,"body":"conversation without talking"},{"speaker":"YS Chi","startTime":1819.29,"endTime":1823.52,"body":"about something that is the true"},{"speaker":"YS Chi","startTime":1823.52,"endTime":1826.73,"body":"undercurrent in your"},{"speaker":"YS Chi","startTime":1823.52,"endTime":1826.73,"body":"organisation, which is your"},{"speaker":"YS Chi","startTime":1826.73,"endTime":1832.73,"body":"embracing of the rule of law. It"},{"speaker":"YS Chi","startTime":1826.73,"endTime":1832.73,"body":"is so central to what LexisNexis"},{"speaker":"YS Chi","startTime":1832.73,"endTime":1837.59,"body":"is. Tell me one more time, why"},{"speaker":"YS Chi","startTime":1832.73,"endTime":1837.59,"body":"is that the case and how does"},{"speaker":"YS Chi","startTime":1837.59,"endTime":1842.9,"body":"the advancing of the rule of law"},{"speaker":"YS Chi","startTime":1837.59,"endTime":1842.9,"body":"really help us be in the"},{"speaker":"YS Chi","startTime":1842.9,"endTime":1843.74,"body":"business?"},{"speaker":"Unknown","startTime":1844.31,"endTime":1846.32,"body":"Well, I'm glad you"},{"speaker":"Unknown","startTime":1844.31,"endTime":1846.32,"body":"brought that up because I think"},{"speaker":"Unknown","startTime":1846.32,"endTime":1849.17,"body":"it's a topic that we probably"},{"speaker":"Unknown","startTime":1846.32,"endTime":1849.17,"body":"don't spend enough time talking"},{"speaker":"Unknown","startTime":1849.17,"endTime":1852.62,"body":"about, and it's so central to"},{"speaker":"Unknown","startTime":1849.17,"endTime":1852.62,"body":"what we do. It's our mission."},{"speaker":"Unknown","startTime":1852.83,"endTime":1858.23,"body":"Our mission is to advance the"},{"speaker":"Unknown","startTime":1852.83,"endTime":1858.23,"body":"rule of law around the world. If"},{"speaker":"Unknown","startTime":1858.23,"endTime":1862.91,"body":"you look at the studies of the"},{"speaker":"Unknown","startTime":1858.23,"endTime":1862.91,"body":"impact of the rule of law, which"},{"speaker":"Unknown","startTime":1862.91,"endTime":1867.38,"body":"you'll see, and this has been"},{"speaker":"Unknown","startTime":1862.91,"endTime":1867.38,"body":"very well documented, is that as"},{"speaker":"Unknown","startTime":1867.38,"endTime":1871.73,"body":"the rule of law gets stronger in"},{"speaker":"Unknown","startTime":1867.38,"endTime":1871.73,"body":"any jurisdiction, the quality of"},{"speaker":"Unknown","startTime":1871.73,"endTime":1875.24,"body":"life improves. If you can use"},{"speaker":"Unknown","startTime":1871.73,"endTime":1875.24,"body":"almost any metric for quality of"},{"speaker":"Unknown","startTime":1875.24,"endTime":1878.21,"body":"life, and you can see the"},{"speaker":"Unknown","startTime":1875.24,"endTime":1878.21,"body":"correlation, GDP, per capita,"},{"speaker":"Unknown","startTime":1878.24,"endTime":1881.99,"body":"life expectancy, infant"},{"speaker":"Unknown","startTime":1878.24,"endTime":1881.99,"body":"mortality. All of the outcomes"},{"speaker":"Unknown","startTime":1882.02,"endTime":1887.6,"body":"improve as the strength of law"},{"speaker":"Unknown","startTime":1882.02,"endTime":1887.6,"body":"improves. We have about 8"},{"speaker":"Unknown","startTime":1887.6,"endTime":1891.53,"body":"billion people now living on"},{"speaker":"Unknown","startTime":1887.6,"endTime":1891.53,"body":"this planet, and about half of"},{"speaker":"Unknown","startTime":1891.53,"endTime":1895.4,"body":"them live outside of the"},{"speaker":"Unknown","startTime":1891.53,"endTime":1895.4,"body":"protection of the rule of law"},{"speaker":"Unknown","startTime":1895.4,"endTime":1900.8,"body":"today. How do you solve, go"},{"speaker":"Unknown","startTime":1895.4,"endTime":1900.8,"body":"about solving a problem that"},{"speaker":"Unknown","startTime":1900.8,"endTime":1904.67,"body":"affects 4 billion people? And"},{"speaker":"Unknown","startTime":1900.8,"endTime":1904.67,"body":"how do you solve that problem"},{"speaker":"Unknown","startTime":1904.67,"endTime":1908.9,"body":"quickly? Well, any problem"},{"speaker":"Unknown","startTime":1904.67,"endTime":1908.9,"body":"that's that big requires a lot"},{"speaker":"Unknown","startTime":1908.99,"endTime":1912.29,"body":"of different layers to solve it,"},{"speaker":"Unknown","startTime":1908.99,"endTime":1912.29,"body":"but one of those layers"},{"speaker":"Unknown","startTime":1912.29,"endTime":1915.98,"body":"certainly needs to be"},{"speaker":"Unknown","startTime":1912.29,"endTime":1915.98,"body":"technology. And that's really"},{"speaker":"Unknown","startTime":1915.98,"endTime":1919.1,"body":"what we bring to the game,"},{"speaker":"Unknown","startTime":1915.98,"endTime":1919.1,"body":"technology. And with these AI"},{"speaker":"Unknown","startTime":1919.1,"endTime":1921.26,"body":"powered tools, I think we're"},{"speaker":"Unknown","startTime":1919.1,"endTime":1921.26,"body":"going to be able to be able to"},{"speaker":"Unknown","startTime":1921.26,"endTime":1924.92,"body":"bring technology to the"},{"speaker":"Unknown","startTime":1921.26,"endTime":1924.92,"body":"forefront even faster, improving"},{"speaker":"Unknown","startTime":1924.95,"endTime":1929.03,"body":"the strength of the rule of law"},{"speaker":"Unknown","startTime":1924.95,"endTime":1929.03,"body":"and thereby improving the"},{"speaker":"Unknown","startTime":1929.03,"endTime":1930.74,"body":"quality of life for people"},{"speaker":"Unknown","startTime":1929.03,"endTime":1930.74,"body":"around the world."},{"speaker":"YS Chi","startTime":1931.52,"endTime":1935.99,"body":"Well, I think the way I"},{"speaker":"YS Chi","startTime":1931.52,"endTime":1935.99,"body":"look at it now, is that you have"},{"speaker":"YS Chi","startTime":1935.99,"endTime":1940.88,"body":"a combination of customer"},{"speaker":"YS Chi","startTime":1935.99,"endTime":1940.88,"body":"centricity, unique and"},{"speaker":"YS Chi","startTime":1940.91,"endTime":1945.77,"body":"high-quality content, infusion"},{"speaker":"YS Chi","startTime":1940.91,"endTime":1945.77,"body":"of technology as it develops,"},{"speaker":"YS Chi","startTime":1946.31,"endTime":1950.9,"body":"all wrapped up in this great"},{"speaker":"YS Chi","startTime":1946.31,"endTime":1950.9,"body":"mission of advancing the rule of"},{"speaker":"YS Chi","startTime":1950.9,"endTime":1953.99,"body":"law. That's really what makes"},{"speaker":"YS Chi","startTime":1950.9,"endTime":1953.99,"body":"you so unique."},{"speaker":"Unknown","startTime":1954.68,"endTime":1956.78,"body":"Thank you. Yes. Good"},{"speaker":"Unknown","startTime":1954.68,"endTime":1956.78,"body":"summary."},{"speaker":"YS Chi","startTime":1957.65,"endTime":1960.95,"body":"Well, I'm again, very"},{"speaker":"YS Chi","startTime":1957.65,"endTime":1960.95,"body":"jealous of what you get to do."},{"speaker":"YS Chi","startTime":1961.25,"endTime":1964.25,"body":"You and I joined this company"},{"speaker":"YS Chi","startTime":1961.25,"endTime":1964.25,"body":"almost at the same time. I'm"},{"speaker":"YS Chi","startTime":1964.25,"endTime":1969.65,"body":"about three months ahead of you"},{"speaker":"YS Chi","startTime":1964.25,"endTime":1969.65,"body":"and I've seen this happen at"},{"speaker":"YS Chi","startTime":1970.04,"endTime":1974.27,"body":"LexisNexis. I've seen it happen"},{"speaker":"YS Chi","startTime":1970.04,"endTime":1974.27,"body":"in our other businesses, and I"},{"speaker":"YS Chi","startTime":1974.27,"endTime":1977.0,"body":"think you and I, we really enjoy"},{"speaker":"YS Chi","startTime":1974.27,"endTime":1977.0,"body":"the journey."},{"speaker":"Unknown","startTime":1977.75,"endTime":1980.48,"body":"Absolutely. And thank"},{"speaker":"Unknown","startTime":1977.75,"endTime":1980.48,"body":"you so much, YS for spending"},{"speaker":"Unknown","startTime":1980.48,"endTime":1983.99,"body":"this time with me today and"},{"speaker":"Unknown","startTime":1980.48,"endTime":1983.99,"body":"giving us a chance to share our"},{"speaker":"Unknown","startTime":1983.99,"endTime":1987.29,"body":"story. Thank you so much for"},{"speaker":"Unknown","startTime":1983.99,"endTime":1987.29,"body":"everything that you do for our"},{"speaker":"Unknown","startTime":1987.29,"endTime":1988.19,"body":"customers as well."},{"speaker":"YS Chi","startTime":1988.85,"endTime":1993.32,"body":"Thank you, and I hope"},{"speaker":"YS Chi","startTime":1988.85,"endTime":1993.32,"body":"that I will see you very soon at"},{"speaker":"YS Chi","startTime":1993.5,"endTime":1995.27,"body":"one of our intersections."},{"speaker":"Unknown","startTime":1995.93,"endTime":1997.46,"body":"Excellent. Looking"},{"speaker":"Unknown","startTime":1995.93,"endTime":1997.46,"body":"forward to it."},{"speaker":"YS Chi","startTime":1998.72,"endTime":2001.3,"body":"Thank you to our"},{"speaker":"YS Chi","startTime":1998.72,"endTime":2001.3,"body":"listeners for tuning in. Don't"},{"speaker":"YS Chi","startTime":2001.3,"endTime":2004.42,"body":"forget to hit subscribe on your"},{"speaker":"YS Chi","startTime":2001.3,"endTime":2004.42,"body":"podcast app to get new episodes"},{"speaker":"YS Chi","startTime":2004.42,"endTime":2005.77,"body":"as soon as they're released."}]}