If you have ever misjudged the amount of time something would take, or how long something did take, then congratulations you're the same as the rest of us. You're also subject to something that experts call the "planning fallacy". In a 1979 study, Daniel Kahneman, and Amos Tversky, found that we demonstrate a cognitive bias towards being overly optimistic when it comes to estimating how long things take, or how long things did take. Meaning, when it's left to guesswork we usually get it wrong. This possibly indicates that we should use more accurate methods when planning or recording the work we do. Author Laura Vanderkam, has also written about how it's human nature to misjudge how much ti
Away from the hype, companies are already using Artificial Intelligence (AI) to transform their business. It’s not just tech-firms, but includes companies from logistics to recruitment, healthcare to building. These companies are using AI to improve their decision making, efficiency and service delivery. Law Firms are not exempt, AI is already capable of doing some of the jobs that are usually assigned to newly qualified graduates. However, the following quote from Bill Gates applies just as much to AI as it does to any other technology, Bill says: “The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second
In this post I'll give you my top tips for protecting your company against Ransomware. Ransomware is just another form of computer virus. In the past viruses did nasty things to your computer, like making them misbehave, or slowing them down, or even switching them off. The installation of anti-virus software has largely provided protection against most viruses, and has been quite effective. However, if you leave your doors or windows unlocked, the chances are that one day someone will just walk in and steal your possessions. Your data is no exception. Leaving your computers unprotected means it's just a matter of time before your data is stolen. It's not if you'll be a victim, it's when. To
