caption Can Big Law Extract the Maximum Value of AI?
Legal departments of major corporations along with the industry's most elite firms are actively using generative AI, and the idea that any organization would wait on identifying and testing use cases is seen as a significant competitive risk.
February 08, 2024 at 02:45 PM
7 minute read
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The Shift: Big Law Can Afford AI, But Will It Get As Much Out of it As Midsize Firms?
One thing made clear as thousands of legal industry professionals worked through the implications of generative AI at Legalweek NYC last week is that the industry has entered into a heavy testing period of the technology to identify concrete use cases that improve efficiency. Legal departments of major corporations along with the industry's most elite firms are actively using the technology, and the idea that any organization would wait on identifying and testing use cases is seen as a significant competitive risk.
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