Hidden IP Trends (2024)

Welcome to ZipLaw+ Deep Dives!

🤿 Deep Dives feature my top insights on how present (and future) market trends will impact Law Firms and their clients so you can ace your applications and interviews.

In today's Deep Dive:

• 🤖 How AI will change life sciences
• ⚖️ The must-know IP litigation trend
• 🔮 The Top IP hidden challenge for clients

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How AI will change life sciences

In Short: Life sciences is the sector to keep a close eye on when it comes to artificial intelligence (AI). Rapid improvements in AI technology are completely changing how we tackle complex medical challenges while sparking a revolution in research capabilities.

What to Expect:

• Enhanced Research Efficiency: AI's integration into life sciences accelerates research dramatically. For example, AI's ability to predict protein structures in mere hours—a process that traditionally took researchers months—underscores a huge shift in how scientific inquiry is conducted.
• Legal and IP Challenges: As AI takes a more prominent role in creating and discovering, it raises pressing questions about the ownership of intellectual property. Current laws recognise humans as creators, but AI's involvement complicates this, potentially requiring new legal frameworks to address these novel issues. The UK Supreme Court recently rules against AI inventorship of patents by stating that Dr Thaler is the sole owner, creator and user of a machine called DABUS.
• Tech-Law Convergence: The ongoing fusion of technology and life sciences through AI not only leads to innovative medical breakthroughs but also necessitates evolving legal interpretations and regulations. As AI applications expand, so does the need for legal systems to adapt and provide clear guidelines on liability, especially in high-stakes areas like medicine.

⚖️ How does this impact Law Firms?