The Brainyacts Generative AI newsletter for legal pros everywhere.

🚀 Welcome to the 28 new subscribers from Day #1.🎉 Thank you for joining and please spread the word.

This is the Brainyacts newsletter, where we explore the wondrous world of generative ai and its potential to revolutionize the way we work and think.

For the next 99 days (our goal = 100 consecutive days!) we will:

1. explore a new generative ai tool

2. give you 1 use case for practicing lawyers

3. give you 1 use case for the business of law/legal operations

4. share at least one cool and effective ChatGPT prompt to try out

5. highlight news you can use 🤌

6. save you from news you can lose 👎

Author’s note: I would be lying if I said that facing 99 more days in a row of writing this newsletter doesn’t scare the #$# out of me. I do not want to let you down!

I decided to do this because I love learning and one of the best ways to learn is to try to teach others. I am at the beginning of my journey into generative ai. Some of you are newer than I am. Others are well past me. No matter what though I am committed to making this interesting and fun.

Hit me up if you want to contribute in some way. This doesn’t have to be a solo act.

Let's kick this off, shall we?

Let’s stir the pot and see what ChatGPT has to say about lawyers and non-lawyers (though I dislike that term). I think this reply is fair and detailed enough to help some consider why a gap exists between these two groups and how they might work together.

Today’s tool is Zuva Contracts AI.

Its tagline is “Contracts AI that’s dead simple to use”

What it does? Easily add contract intelligence to your workflow and apps. It also offers DocAI, and API that enables you to embed contracts AI into your own applications, without requiring development from the ground up.

Who is it for? You could say anyone who needs to understand and navigate a contract. But that is too broad. The likely ideal customer is someone who negotiates or manages or monitors lengthy contracts and needs a method of detecting risks, changes, and key obligations in them. This could be a lawyer that generates and reviews a high number of contracts or a business professional reviewing a contract they received from a vendor.

Here is my <4min video of me walking you through it for the first time.

Practice of law use case:

If you’re in a law firm or corporate legal department, a document management system (DM) is likely among your most important software. A document management system enables teams to file, organize, and access documents (and, today, even items like emails) for a particular client, customer, project, or matter.

However, document management systems have limitations, including around search. Two major issues with searching DMs are:

1. They can contain a lot of documents - sometimes millions or more.

2. It can be difficult to get users to add metadata to the DM when they add documents to it.

Contracts AI can automatically identify (with often reasonably high (though not perfect) accuracy) DM-relevant metadata like agreement type, document language, title, parties, date, governing law, firms, companies, and individuals listed in the notice block, and extract key clauses (like non-competition, standstill, or materiality scrape provisions in merger agreements).

Business of law/legal operations use case:

Firms and in-house counsel use lease management systems to track the details of their leases. These systems are in heavy use in the real estate ecosystem, including by property owners and managers, investors, and large lessees (i.e., enterprises that have a lot of leased locations). Lease management systems can contain lease abstracts, as well as data like payment streams. While lease management systems often cover leases of real property, they can also be focused on leased equipment. This tool can be helpful in correlating various lease obligations and rights, as well as a tool to locate similar language used by various business functions and their leases so they can be normalized producing less language variance.

Pro tips:

Zuva is being led by a veteran legal tech entrepreneur Noah Waisberg. Follow him at @nwaisb. Hit him up on Twitter as he is a terrific person and responsive.

Moving onto Today's Prompt for you to try out:

You can use this with ChatGPT or any other generative AI chat tool.

This prompt is meant to help you write an email inviting someone to an event. This should do 90%+ of the work for you. It’s a great example of high productivity gains by removing low-cognitive work.

Here is the template prompt:

Here is how I edited the prompt to write an email for me based on an upcoming event I am hosting at the law school I teach at:

Above is the result. A nearly complete email that took me all of 2 mins to get done. Compare this to reformatting the event description myself and changing tone/grammar/etc. to fit into an email form. This is not magical, just highly productive.

Give this prompt a try with any of your programs/meetings/etc. (internal or external) that you want to invite people to.

We would love to hear how it worked out for you! Drop a line on Twitter or LinkedIn.

News you can use:

Dickie Bush bio: Sharing insights building an education business to $10m | Helped over 10,000 people start writing at http://Ship30for30.com & http://Typeshare.co | Former @blackrock trader.

News you can lose:

While appreciating what the authors of this article are explaining, I put this in the news you can lose category because, well, there are too many status quo forces to overcome. Most law schools will not adopt any type of new curriculum unless:

1. It is driven by a tenure-worthy professor with a heavy and serious research agenda for producing law journal articles.

2. Career Development Offices actively try to differentiate students based on unique classes, skills, and experiences versus funneling as many students as they can into traditional tropes and paths.

3. Firms begin qualifying candidates on more than GPA and journal experience, making it known they want modern legal skills on top of traditional ones.

That's a wrap for today. Stay thirsty & see ya next time! If you want more, be sure to follow me on Twitter and LinkedIn.

DISCLAIMER: None of this is legal advice. This newsletter is strictly educational and is not legal advice or a solicitation to buy or sell any assets or to make any legal decisions. Please be careful and do your own research.