Credit: Summit Art Creations/Adobe Stock Law Firms 'Still Lacing Up Their Shoes' in Gen AI Race, Report Says
Meanwhile, "corporate America is sprinting ahead," according to a new Law.com Pro Fellows report, "Keeping Pace: Law Firms in the Era of AI-Driven Business."
October 28, 2024 at 03:18 PM
6 minute read
What You Need to Know
- The legal industry may be slow to adopt artificial intelligence, but that must change if law firms want to keep pace and experience continued success, according to a new report.
- The report's author says that while it may be scary to deploy something as new as AI, it's been shown that changing with the times is a necessary strategy for continued growth.
- Attorneys are urged to first experiment with generative AI in their personal lives so they feel more comfortable using the technology in their practices.
It is often said that organizations must be willing to adopt newer business models in order to grow.
Embracing newer and more sophisticated technologies is one way that industry experts say businesses, including law firms, can ensure they don't get left behind.
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