CLIENT SPOTLIGHT: PARKONECT

Shapiro & Associates Law • Dec 15, 2015

CLIENT SPOTLIGHT: PARKONECT Dan Shapiro Law currently represents Parkonect, an innovative system that allows app-based […] The post CLIENT SPOTLIGHT: PARKONECT appeared first on Shapiro & Associates.

CLIENT SPOTLIGHT: PARKONECT

Dan Shapiro Law currently represents Parkonect , an innovative system that allows app-based users to find and purchase parking in real-time.

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Parkonect specializes in connecting today’s smartphone customers with parking garages.

With Parkonect’s proprietary cutting-edge hardware and smart software, app-based consumers can enter and exit parking garages seamlessly, providing an “Uber-like” experience for the customer.

Simultaneously, the garage can strategically manage parking inventory, maintain the highest level of access control through larger channel distributors, and maximize revenue.

Parkonect stands alone with the most multi-vendor third-party online parking integrations, including SpotHero, ParkWhiz, Parking Panda, Best Parking and more.  In the last 10 months, Parkonect has driven more than $15,000,000 to parking facilities throughout the US with these integration partners.

Parkonect works with the nation’s largest parking operators, including Standard Parking, LAZ Parking, InterPark, ABM, and IMPARK, as well as other innovative companies such as Zipcar, LUXE Valet and ParkMobile. Parkonect is at the forefront of the ever-evolving parking app revolution.

Not only is their cloud-based solution able to instantly adapt to changing conditions without the need for any garage-level re-configurations, they are working with emerging businesses and technologies – including Bluetooth low-energy products and connected-car solutions – that together, will further the advancement of “demand-based” transportation needs.

Parkonect is based in Chicago, determined to drive continuous revenue growth to its clients, and proudly assembles 100% of its products in the U.S.A.

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Introduction Last summer, an attorney filed a legal brief he had written with the help of the generative AI platform, ChatGPT. The document included citations to a series of legal cases that seemingly offered precedents that supported his client’s position. There was only one problem. As the judge in the case discovered, six of those cases did not exist. Instead, they were dreamed up by the online tool. This was only one of several high-profile incidents in which new technology has sometimes embarrassed the lawyers using it. Yet many legal experts believe generative AI will also change the legal profession in ways that will aid lawyers and their clients. Lawyers must be accountable for how they use AI. Not only must they carefully assess any bias inherent in algorithms before using it, but they must also consider ethical and fairness issues. AI holds tremendous promise to free legal professionals from the most time-consuming tasks, work more efficiently than ever, and empower them to focus on strategic projects that truly matter. Still, there are many ethical considerations of AI to keep in mind. Ethical Issues Depending on your jurisdiction, there may be formal ethical opinions addressing the use of AI. Be sure to confirm the existence of these ethics’ opinions or guidelines and how they apply to the use of AI. Bias And Fairness AI uses trained algorithms to analyze vast amounts of data. These algorithms can collect biased historical information, which means that the AI system may also inadvertently produce biased results, leading to questionable outcomes. Algorithms can be difficult to interpret, and it can be challenging to understand how they arrive at their decisions or source information. Privacy AI systems often rely on sizable amounts of data, including highly sensitive and confidential information, and may store personal and conversation data. When using the technology, lawyers need to ensure that AI systems adhere to strict data privacy regulations. For example, lawyers using ChatGPT must familiarize themselves with its Privacy Policy and Terms of Use before using the service. Additionally, they must make sure that the data is only used for the specific purposes for which it was collected. Lawyers must also consider professional obligations relating to privacy and information-sharing when providing any information with AI systems to ensure they are not running afoul of confidentiality obligations (to clients or other parties) or otherwise disclosing information improperly. Responsibility And Accountability As a rule of thumb, AI should be used as a complement to work, and not a replacement. While AI can streamline time-consuming and mundane tasks, strategic decision-making, complex legal analysis, and legal counsel are all examples of responsibilities that it simply cannot take over. As a result, lawyers must be proactive in establishing clear lines of responsibility and accountability when implementing AI in their firm. Summary As the use of AI in law firms becomes increasingly widespread, it is important that legal professionals address the ethical considerations surrounding it and ensure the technology is being used responsibly. By doing so, lawyers will be able to enjoy AI’s benefits while maintaining an ethical practice at the same time. In the end, AI has its benefits but it should not be relied upon to accurately apply the law to a fact pattern in the context of giving sound legal advice. Accurate legal advice includes understanding the context in which the law exists, experience and human thoughtfulness.
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