The Pulse: introducing the Legal Ops Institute, contract acceptance via emoji, new reports on AI and its consequences for the legal industry

Alex and Elliot discuss: * Introduction to the Legal Ops Institute, essential learnings for legal changemakers brought to you by the podcast * Thumbs up emoji used to accept a contract * Generative AI could reduce law firm revenue by 23.5% * 62% of legal professionals are not using AI * 2023 Asia-Pacific Legal Innovation and Technology Association (ALITA) Awards LINKS Legal Ops Institute: https://www.legalops.fm/institute Thumbs up emoji: https://www.bnnbloomberg.ca/thumbs-up-emoji-can-represent-contract-acceptance-sask-court-finds-1.1941866 Generative AI reducing law firm revenue: https://www.geeklawblog.com/2023/08/generative-ai-could-reduce-law-firm-revenue-by-23-5.html Legal professionals not using AI: https://www.businesswire.com/news/home/20230727977407/en/%C2%A062-of-Legal-Professionals-Are-Not-Using-AI-%E2%80%94-And-Feel-The-Industry-Is-Not-Ready-For-The-Technology 2023 ALITA Awards: https://alita.legal/alita-awards-2023